Plains GP Holdings a is a holding company for Plains All American Pipeline. The Company is engaged in oil pipeline transportation, marketing, and storage business in the United States, liquefied petroleum gas business in Canada, and natural gas storage business in Michigan and Louisiana. Plains GP Holdings operates through three segments: Transportation, Facilities, and Supply and Logistics. Transportation segment operations generally consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks, and barges. The Facilities segment consists of fee-based activities associated with providing storage, terminating and throughput services for crude oil, refined products, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment secures transportation and facilities services from the other two segments as well as third-party service providers under month-to-month and multi-year arrangements.

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Type
Public
HQ
Houston, US
Founded
1998
Size (employees)
2,900 (est)
Plains GP Holdings was founded in 1998 and is headquartered in Houston, US
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Key People/Management at Plains GP Holdings

Greg Armstrong

Greg Armstrong

CEO, Plains All American GP LLC and Chairman of PAA GP Holdings LLC
Harry Pefanis

Harry Pefanis

President & Chief Commercial Officer (CCO) and Director, Plains All American GP LLC
Willie Chiang

Willie Chiang

Executive Vice President & COO and Director, Plains All American GP LLC
Al Swanson

Al Swanson

Executive Vice President & CFO
Richard McGee

Richard McGee

Executive Vice President, General Counsel & Secretary
Daniel Nerbonne

Daniel Nerbonne

Executive Vice President, Operations and Engineering
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Plains GP Holdings Office Locations

Plains GP Holdings has an office in Houston
Houston, US (HQ)
1600 333 Clay St
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Plains GP Holdings Financials and Metrics

Plains GP Holdings Revenue

Plains GP Holdings's revenue was reported to be $26.22 b in FY, 2017
USD

Revenue (Q1, 2018)

8.4 b

Net income (Q1, 2018)

273 m

EBIT (Q1, 2018)

380 m

Market capitalization (20-Jul-2018)

3.7 b

Closing stock price (20-Jul-2018)

23.5

Cash (31-Mar-2018)

26 m
Plains GP Holdings's current market capitalization is $3.7 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

42.2 b43.5 b23.2 b20.2 b26.2 b

Revenue growth, %

3%(47%)(13%)

Cost of goods sold

38.5 b39.5 b19.7 b17.2 b

Gross profit

3.8 b4 b3.4 b2.9 b
Quarterly
USDQ1, 2018

Revenue

8.4 b

General and administrative expense

80 m

Operating expense total

8 b

Depreciation and amortization

127 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

43 m404 m30 m50 m40 m

Inventories

1.1 b891 m916 m1.3 b713 m

Current Assets

5 b4.2 b3 b4.3 b4 b

PP&E

10.8 b12.3 b13.5 b13.9 b14.1 b
Quarterly
USDQ1, 2018

Cash

26 m

Inventories

620 m

Current Assets

4 b

PP&E

14.1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.4 b1.3 b809 m660 m(41 m)

Depreciation and Amortization

628 m

Inventories

134 m(129 m)(90 m)(463 m)605 m

Accounts Payable

124 m(1.3 b)(827 m)500 m848 m
Quarterly
USDQ1, 2018

Net Income

273 m

Depreciation and Amortization

127 m

Cash From Operating Activities

520 m

Cash From Investing Activities

(221 m)
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Plains GP Holdings News and Updates

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Plains GP Holdings Company Life and Culture

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