Brookfield Reduces $5M in Plains GP Holdings, L.P. ($PAGP)

Key Points

  • Brookfield changed its Plains GP Holdings, L.P. ($PAGP) stake by 9.6% last quarter, cutting to 1,987,158 shares worth $48.47 million.
  • Wall Street's consensus rating on $PAGP is Buy and an average price target of $24.14.
  • $PAGP last traded around $24.39.

Brookfield trimmed its position in Plains GP Holdings, L.P. ($PAGP) by 9.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,987,158 shares of Plains GP Holdings, L.P. after selling 211,216 shares during the quarter. Brookfield's holdings in Plains GP Holdings, L.P. were worth $48.47 million as of its most recent filing.

Plains GP Holdings, L.P. ($PAGP) Stock

Last price$24.39
Market cap$4.82B
P/E ratio31.26
Forward P/E11.21
PEG ratio0.67
Beta0.42
52-week low$16.68
52-week high$26.15
50-day MA$24.08
200-day MA$20.80
Current ratio0.94
Quick ratio0.76
Debt-to-equity0.83

Plains GP Holdings, L.P. Earnings

EPS (ttm)$0.78
Revenue (ttm)$45.26B
Revenue growth8.7%
Net margin0.4%
Return on equity9.1%
Next earningsMay 8, 2026

Plains GP Holdings, L.P. Dividend

Annual dividend$1.60
Dividend yield654.00%
Payout ratio199.7%
Ex-dividend dateMay 1, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$24.14
High target$27.00
Low target$20.00
Analysts covering14

About Plains GP Holdings, L.P.

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. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was incorporated in 2013 and is headquartered in Houston, Texas.

ExchangeNasdaqGS
SectorEnergy
IndustryOil & Gas Midstream
HeadquartersHouston, TX
CEOMr. Wilfred C.W. Chiang

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.