OverviewSuggest Edit

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.

TypePublic
Founded1998
HQHouston, US
Websiteir.pagp.com

Latest Updates

Employees (est.) (Dec 2018)4,900(+2%)
Revenue (FY, 2018)$34.1 B(+30%)
Share Price (Jun 2019)$23.8 (+2%)

Key People/Management at Plains GP Holdings

Willie Chiang

Willie Chiang

Chief Executive Officer and Director, Plains All American GP LLC
Harry Pefanis

Harry Pefanis

President & Chief Commercial Officer (CCO) 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
Chris Herbold

Chris Herbold

Senior Vice President, Accounting & Chief Accounting Officer
Sharon Spurlin

Sharon Spurlin

Vice President,Treasurer
Show more

Plains GP Holdings Office Locations

Plains GP Holdings has an office in Houston
Houston, US (HQ)
333 Clay St #1600
Show all (1)

Plains GP Holdings Financials and Metrics

Plains GP Holdings Revenue

Plains GP Holdings's revenue was reported to be $34.06 b in FY, 2018
USD

Revenue (FY, 2018)

34.1b

Net income (FY, 2018)

2.1b

EBIT (FY, 2018)

2.3b

Market capitalization (10-Jun-2019)

3.8b

Closing stock price (10-Jun-2019)

23.8

Cash (31-Dec-2018)

69.0m
Plains GP Holdings's current market capitalization is $3.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

42.2b43.5b23.2b20.2b26.2b34.1b

Revenue growth, %

3%(47%)(13%)

Cost of goods sold

38.5b39.5b19.7b17.2b

Gross profit

3.8b4.0b3.4b2.9b
Quarterly
USDQ2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

6.7b5.6b5.0b5.2b6.7b5.9b8.4b8.1b

General and administrative expense

80.0m60.0m73.0m71.0m75.0m68.0m80.0m81.0m

Operating expense total

6.5b5.2b4.8b4.8b6.1b5.8b8.0b8.0b

Depreciation and amortization

110.0m110.0m205.0m33.0m122.0m152.0m127.0m50.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

43.0m404.0m30.0m50.0m40.0m69.0m

Inventories

1.1b891.0m916.0m1.3b713.0m640.0m

Current Assets

5.0b4.2b3.0b4.3b4.0b3.5b

PP&E

10.8b12.3b13.5b13.9b14.1b14.8b
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.4b1.3b809.0m660.0m(41.0m)2.1b

Depreciation and Amortization

628.0m521.0m

Inventories

134.0m(129.0m)(90.0m)(463.0m)605.0m(75.0m)

Accounts Payable

124.0m(1.3b)(827.0m)500.0m848.0m(367.0m)
Quarterly
USDQ2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

365.0m593.0m259.0m538.0m402.0m607.0m273.0m369.0m

Depreciation and Amortization

218.0m327.0m320.0m352.0m122.0m403.0m127.0m176.0m

Cash From Operating Activities

654.0m1.2b379.0m630.0m815.0m1.9b520.0m1.0b

Cash From Investing Activities

(1.3b)(2.1b)(522.0m)(854.0m)(1.5b)(2.0b)(221.0m)(506.0m)
USDY, 2018

Revenue/Employee

7.0m
Show all financial metrics

Plains GP Holdings Online and Social Media Presence

Embed Graph

Plains GP Holdings News and Updates

Plains GP Holdings Frequently Asked Questions

  • When was Plains GP Holdings founded?

    Plains GP Holdings was founded in 1998.

  • Who are Plains GP Holdings key executives?

    Plains GP Holdings's key executives are Willie Chiang, Harry Pefanis and Al Swanson.

  • How many employees does Plains GP Holdings have?

    Plains GP Holdings has 4,900 employees.

  • What is Plains GP Holdings revenue?

    Latest Plains GP Holdings annual revenue is $34.1 b.

  • What is Plains GP Holdings revenue per employee?

    Latest Plains GP Holdings revenue per employee is $7 m.

  • Who are Plains GP Holdings competitors?

    Competitors of Plains GP Holdings include TC Energy, Kinder Morgan and Enterprise Products Partners.

  • Where is Plains GP Holdings headquarters?

    Plains GP Holdings headquarters is located at 333 Clay St #1600, Houston.

  • Where are Plains GP Holdings offices?

    Plains GP Holdings has an office in Houston.

  • How many offices does Plains GP Holdings have?

    Plains GP Holdings has 1 office.