With 1.29 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.72 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $19.39 whereas the lowest price it dropped to was $18.85. The 52-week range on PAGP shows that it touched its highest point at $22.31 and its lowest point at $16.60 during that stretch. It currently has a 1-year price target of $21.85. With its current market cap of 14.70 billion, PAGP has annualized dividend of $1.33 while the current yield stands at 6.89%. PAGP paid its most recent dividend on 1738281600, while the ex-dividend date for that was 1746057600. Beta for the stock currently stands at 0.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PAGP was up-trending over the past week, with a rise of 3.37%, but this was down by -10.13% over a month. Three-month performance dropped to -11.61% while six-month performance rose 5.80%. The stock gained 3.48% in the past year, while it has gained 5.22% so far this year. A look at the trailing 12-month EPS for PAGP yields 0.52 with Next year EPS estimates of 1.54. For the next quarter, that number is 0.43. This implies an EPS growth rate of 207.63% for this year and -3.63% for next year. EPS is expected to grow by 45.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -23.22%.
Float and Shares Shorts:
At present, 197.47 million PAGP shares are outstanding with a float of 192.26 million shares on hand for trading. On 2025-03-31, short shares totaled 9.86 million, which was 497.99999999999994 higher than short shares on 1740700800. In addition to Mr. Wilfred C.W. Chiang as the firm’s Chairman & CEO of PAA GP Holdings LLC, Mr. Harry N. Pefanis serves as its President & Director of PAA GP Holdings LLC.
Institutional Ownership:
Through their ownership of 0.80508006 of PAGP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, PAGP reported revenue of $12402000000.0 and operating income of $246000000.0. The EBITDA in the recently reported quarter was $679000000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PAGP since 11 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PAGP analysts setting a high price target of 26.0 and a low target of 18.0, the average target price over the next 12 months is 21.78571. Based on these targets, PAGP could surge 34.44% to reach the target high and fall by -6.93% to reach the target low. Reaching the average price target will result in a growth of 12.65% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.44006 being high and $1.32285 being low. For PAGP, this leads to a yearly average estimate of $1.38983. Based on analyst estimates, the high estimate for the next quarter is $0.39 and the low estimate is $0.38. The average estimate for the next quarter is thus $0.38.