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 2019)5,000(+3%)
Revenue (FY, 2019)$33.7 B(-1%)
Share Price (Sept 2020)$7.2
Cybersecurity ratingBMore

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
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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

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Plains GP Holdings's revenue was reported to be $33.67 b in FY, 2019
USD

Revenue (Q2, 2020)

2.9b

Market capitalization (17-Sept-2020)

1.3b

Closing stock price (17-Sept-2020)

7.2

Cash (30-Jun-2020)

42.0m

EV

2.7b
Plains GP Holdings's current market capitalization is $1.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

42.2b43.5b23.2b20.2b26.2b34.1b33.7b

Revenue growth, %

3%(47%)(13%)

Cost of goods sold

38.5b39.5b19.7b17.2b23.0b29.8b29.5b

Gross profit

3.8b4.0b3.4b2.9b3.2b4.3b4.2b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

10.7b11.7b11.2b11.1b5.9b6.7b5.6b4.1b5.0b5.2b6.7b6.1b5.9b8.4b8.1b8.8b8.4b8.3b7.9b8.3b2.9b

Cost of goods sold

5.8b4.7b3.3b4.2b4.4b5.6b5.3b5.3b7.5b7.6b7.8b7.1b7.2b6.9b7.4b

Gross profit

815.0m850.0m763.0m726.0m741.0m1.1b758.0m546.0m879.0m529.0m1.0b1.3b1.0b1.0b902.0m

Gross profit Margin, %

12%15%19%15%14%16%12%9%10%7%12%15%12%13%11%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

43.0m404.0m30.0m50.0m40.0m69.0m47.0m

Accounts Receivable

3.0b2.5b3.6b

Prepaid Expenses

221.0m373.0m312.0m

Inventories

1.1b891.0m916.0m1.3b713.0m640.0m604.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.4b1.3b809.0m660.0m(41.0m)2.1b2.1b

Depreciation and Amortization

628.0m521.0m604.0m

Inventories

134.0m(129.0m)(90.0m)(463.0m)605.0m(75.0m)(5.0m)

Accounts Payable

124.0m(1.3b)(827.0m)500.0m848.0m(367.0m)1.2b
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Plains GP Holdings Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

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Plains GP Holdings Online and Social Media Presence

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Plains GP Holdings News and Updates

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of First-Quarter 2020 Earnings

HOUSTON - Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced they will release first-quarter 2020 earnings after market close on Tuesday, May 5, 2020 and will hold a joint webcast on the same day as follows:read more

Plains GP Holdings Added as Top 10 Energy Dividend Stock With 7.51% Yield

Plains GP Holdings has been named as a Top 10 dividend paying energy stock,

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 5,000 employees.

  • What is Plains GP Holdings revenue?

    Latest Plains GP Holdings annual revenue is $33.7 b.

  • What is Plains GP Holdings revenue per employee?

    Latest Plains GP Holdings revenue per employee is $6.7 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.