Plains GP Holdings LP - Class A
Research Plains GP Holdings LP - Class A (PAGP) on Bullrun: valuation model: 48.9% overvalued, market cap USD 5.38B, P/E 29.5, dividend yield 5.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerPAGP
- ExchangeNASDAQ
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Midstream
- CurrencyUSD
- Valuation signal48.9% overvalued
- Market capUSD 5.38B
- P/E29.5
- Dividend yield5.8%
- Financial periodQ1 2026
- RevenueUSD 12.47B
- Net incomeUSD 20.00M
- Free cash flowUSD 286.00M
- Gross margin5.9%
Valuation Snapshot
Bullrun's latest valuation model marks Plains GP Holdings LP - Class A as 48.9% overvalued; latest market cap is USD 5.38B; P/E is 29.5; dividend yield is 5.8%.
Peer valuation comparison
Latest P/E is 29.46x versus a Energy sector median of 14.75x (99.8% above).
Latest dividend yield is 5.83% versus a Energy sector median of 3.8% (53.4% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 44.26B | USD 1.77B | USD 2.29B | 8.7% | 1.39 | USD 329.00M | USD 1.66B | USD 0 |
| FY2024 | USD 48.89B | USD 1.11B | USD 2.04B | 7.6% | 0.6 | USD 349.00M | USD 407.00M | USD 0 |
| FY2023 | USD 47.34B | USD 1.50B | USD 2.31B | 7.2% | 1.76 | USD 453.00M | USD 446.00M | USD 0 |
| FY2022 | USD 57.34B | USD 1.23B | USD 1.95B | 7.3% | n/a | USD 404.00M | USD 1.16B | USD 0 |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 5.38B | 29.5 | 6.0% | 1.63 |
| 2025 | 2025-12-31 | USD 3.79B | 15.3 | 7.9% | 1.52 |
| 2024 | 2024-12-31 | USD 3.63B | 37.5 | 7.0% | 1.28 |
| 2023 | 2023-12-29 | USD 3.13B | 19.7 | 6.8% | 1.08 |
| 2022 | 2022-12-30 | USD 2.42B | 11.6 | 6.8% | 0.84 |
| 2021 | 2021-12-31 | USD 1.97B | 32.7 | 7.1% | 0.72 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.63 USD, yield 5.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.52 USD |
| FY2024 | 1.28 USD |
| FY2023 | 1.08 USD |
| FY2022 | 0.84 USD |
About Plains GP Holdings LP - Class A
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments. The company engages in the gathering and transporting crude oil using pipelines, trucks, and barges or railcars. It also provides terminalling, storage, and other related services.
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Frequently asked questions
Is Plains GP Holdings LP - Class A overvalued or undervalued?
Bullrun's valuation model currently marks Plains GP Holdings LP - Class A as 48.9% overvalued.
What is Plains GP Holdings LP - Class A's market cap?
Plains GP Holdings LP - Class A's market capitalization is USD 5.38B.
What is Plains GP Holdings LP - Class A's P/E ratio?
Plains GP Holdings LP - Class A's price-to-earnings (P/E) ratio is 29.5.
Does Plains GP Holdings LP - Class A pay a dividend?
Plains GP Holdings LP - Class A has a dividend yield of 5.8%.
What does Plains GP Holdings LP - Class A do?
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments. The company engages in the gathering and transporting crude oil using pipelines, trucks, and barges or railcars. It also provides terminalling, storage, and other related services. In addition, the company is involved in the natural gas processing and NGL fractionation, storage, transportation, and terminalling activities.