Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), and natural gas. The group manages its operations through two operating segments: Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines (including gathering systems), trucks, and, at times, on barges or railcars; and NGL segment operations involve NGL storage and terminalling from NGL assets located in the Southwestern United States. It generates the majority of its revenue from the Crude Oil segment. Its geographic markets are the United States and Canada. It generates the majority of its revenue from the United States.
Plains All American Pipeline, L.P. Common Units representing Limited Partner Interests
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The chart shows the growth of an initial investment of $10,000 in Plains GP Holdings, L.P. Class A Units representing Limited Partner Interests, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Plains GP Holdings, L.P. Class A Units representing Limited Partner Interests (PAGP) has returned 25.84% so far this year and 32.64% over the past 12 months. Looking at the last ten years, PAGP has achieved an annualized return of 0.90%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Plains GP Holdings, L.P. Class A Units representing Limited Partner Interests (PAGP) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.11% | 11.47% | 5.89% | 0.38% | ||||||||
| 2025 | 14.02% | 3.15% | -1.70% | -12.57% | -3.72% | 9.03% | 0.93% | -0.05% | -5.25% | -5.53% | 7.88% | 3.29% |
| 2024 | 1.12% | 6.17% | 5.25% | -0.98% | -0.55% | 4.27% | 1.49% | 0.42% | -2.68% | -6.37% | 15.66% | -8.33% |
| 2023 | 5.56% | 6.43% | -5.20% | -0.89% | 1.80% | 8.80% | 5.73% | 2.49% | -0.49% | -2.85% | 2.34% | -1.18% |
| 2022 | 12.93% | -1.31% | 1.23% | -3.29% | 8.04% | -14.71% | 8.33% | 9.31% | -8.36% | 10.97% | 4.01% | -6.89% |
| 2021 | 1.29% | -1.93% | 6.70% | 0.32% | 15.21% | 8.55% | -13.45% | -6.96% | 10.51% | -0.18% | -9.58% | -1.17% |
| 2020 | -12.64% | -17.20% | -59.81% | 71.46% | 13.01% | -10.73% | -10.69% | -6.76% | -16.00% | 5.97% | 22.38% | 3.17% |
| 2019 | 15.53% | 1.80% | 7.37% | -5.86% | -4.50% | 10.24% | -4.28% | -8.82% | -2.93% | -13.03% | -6.53% | 6.82% |
| 2018 | -3.97% | -2.58% | 4.57% | 11.72% | 2.03% | -2.17% | 2.71% | 7.78% | -4.96% | -13.38% | 3.03% | -11.41% |
| 2017 | -7.68% | 0.27% | -5.79% | -4.71% | -10.20% | -2.32% | 4.43% | -17.66% | -2.76% | -5.42% | 0.49% | 5.58% |
| 2016 | 20.00% | -4.38% | 13.25% | 1.82% | 8.69% | 14.61% | -3.75% | 3.88% | -3.64% |
The charts below present risk-adjusted performance metrics for Plains GP Holdings, L.P. Class A Units representing Limited Partner Interests (PAGP) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of PAGP compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Plains GP Holdings, L.P. Class A Units representing Limited Partner Interests volatility is 1.30%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 31.28B | 27.76B | 28.60B | 29.21B | 29.98B | 25.95B | 29.97B | 26.83B | 26.75B | 26.10B | 24.14B | 23.98B | 21.45B |
| Equity Attributable To Parent (USD) | 1.35B | 1.35B | 1.55B | 1.52B | 1.53B | 1.46B | 2.16B | 1.85B | 1.70B | 1.74B | 1.76B | 1.66B | 1.04B |
| Equity Attributable To Noncontrolling Interest (USD) | 12.87B | 12.97B | 13.42B | 13.11B | 12.64B | 9.73B | 12.33B | 11.47B | 10.66B | 8.97B | 7.47B | 7.72B | 7.24B |
| Equity (USD) | 14.22B | 14.32B | 14.97B | 14.64B | 14.18B | 11.19B | 14.49B | 13.32B | 12.36B | 10.71B | 9.23B | 9.38B | 8.28B |
| Other Non-current Liabilities (USD) | 11.06B | - | - | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt (USD) | 1.10B | - | - | - | - | - | - | - | - | - | - | - | - |
| Noncurrent Liabilities (USD) | 12.16B | 8.52B | 8.62B | 8.68B | 9.57B | 10.51B | 10.47B | 10.05B | 9.86B | 10.73B | 11.50B | 9.85B | 7.76B |
| Current Liabilities (USD) | 4.90B | 4.92B | 5.01B | 5.89B | 6.23B | 4.26B | 5.02B | 3.46B | 4.53B | 4.67B | 3.41B | 4.76B | 5.41B |
| Liabilities (USD) | 17.06B | 13.44B | 13.63B | 14.57B | 15.80B | 14.76B | 15.48B | 13.51B | 14.40B | 15.40B | 14.91B | 14.60B | 13.17B |
| Other Non-current Assets (USD) | - | - | - | - | - | 7.66B | 9.99B | 8.49B | 8.65B | 7.94B | 7.68B | 7.51B | 5.65B |
| Fixed Assets (USD) | - | - | - | - | - | 14.62B | 15.37B | 14.80B | 14.11B | 13.89B | 13.49B | 12.29B | 10.84B |
| Noncurrent Assets (USD) | 26.57B | 22.98B | 23.68B | 23.85B | 23.84B | 22.28B | 25.36B | 23.29B | 22.75B | 21.83B | 21.17B | 19.80B | 16.49B |
| Other Current Assets (USD) | 895.00M | 436.00M | 608.00M | 722.00M | 652.00M | 468.00M | 396.00M | 442.00M | 261.00M | 653.00M | 271.00M | 675.00M | 263.00M |
| Inventory (USD) | 211.00M | 439.00M | 548.00M | 729.00M | 783.00M | 647.00M | 604.00M | 640.00M | 713.00M | 1.34B | 916.00M | 891.00M | 1.07B |
| Accounts Receivable (USD) | 3.60B | 3.90B | 3.76B | 3.91B | 4.71B | 2.55B | 3.61B | 2.45B | 3.03B | 2.28B | 1.79B | 2.62B | 3.64B |
| Current Assets (USD) | 4.70B | 4.78B | 4.92B | 5.36B | 6.14B | 3.67B | 4.61B | 3.54B | 4.00B | 4.28B | 2.97B | 4.18B | 4.97B |
| Assets (USD) | 31.28B | 27.76B | 28.60B | 29.21B | 29.98B | 25.95B | 29.97B | 26.83B | 26.75B | 26.10B | 24.14B | 23.98B | 21.45B |
Plains All American Pipeline (PAA) and Plains GP Holdings (PAGP) announced increased quarterly cash distributions for Q4 2025, with PAA Common Units and PAGP Class A Shares rising by $0.0375 per unit (10% annualized increase). The companies will release Q4 2025 earnings on February 6, 2026, followed by a conference call. PAGP expects positive current earnings and profits for Tax Year 2026 due to a pending NGL assets sale, which will make part of distributions taxable as dividends.
Plains All American Pipeline (PAA) and Plains GP Holdings (PAGP) announced increased quarterly cash distributions for Q4 2025, with PAA Common Units and PAGP Class A Shares each rising $0.0375 per unit (10% annualized increase). The companies will release Q4 2025 earnings on February 6, 2026, followed by a conference call. PAGP expects positive current earnings and profits for Tax Year 2026 due to a pending NGL assets sale, which will make part of Class A Share distributions taxable as dividends.
Plains All American Pipeline and Plains GP Holdings announced their quarterly cash distributions for Q3 2025, maintaining consistent distribution rates and scheduling their earnings release for November 5, 2025.
Plains GP reported Q2 2025 financial results with revenue declining 16.6% year-over-year, driven by lower commodity prices and challenging NGL market conditions. The company is focusing on strategic asset sales and maintaining capital discipline.
Plains All American Pipeline has made its 2024 Schedule K-3 tax document available online for unitholders, with specific guidance for those requiring detailed tax information.
Plains All American Pipeline and Plains GP Holdings announced their quarterly cash distributions for Q4 2024, with increases of $0.0625 per unit/share. They also announced the timing of their Q4 2024 earnings release and conference call.
Plains All American Pipeline announced three bolt-on acquisitions, the purchase of 18% of its outstanding preferred units, and a 20% increase in its distribution rate. These transactions enhance the company's crude oil footprint and optimize its capital structure.
Plains All American Pipeline and Plains GP Holdings announced their quarterly cash distributions for the third quarter of 2024, which remained unchanged from the previous quarter. The companies also announced the timing of their third quarter 2024 earnings release and conference call.
Plains All American Pipeline and Plains GP Holdings announced their quarterly cash distributions for the third quarter of 2024, which remained unchanged from the previous quarter. They also announced the timing of their third quarter 2024 earnings release and conference call.
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