Morgan Stanley downgraded Plains GP from Overweight to Equal-Weight and set a new price target of $19.00 from $22.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $22.00 → $19.00 | Overweight → Equal-Weight | Morgan Stanley |
| 4/8/2024 | $23.00 | Sector Outperform | Scotiabank |
| 10/6/2023 | $13.50 | Sell | Goldman |
| 9/25/2023 | $15.00 | Equal Weight → Underweight | Barclays |
| 9/6/2023 | $14.00 → $15.50 | Buy → Neutral | Citigroup |
| 4/21/2023 | $16.00 → $17.00 | Outperform → Strong Buy | Raymond James |
| 12/9/2022 | $14.00 | Buy | Citigroup |
| 11/21/2022 | $15.00 → $14.00 | Overweight → Neutral | JP Morgan |
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced their quarterly distributions with respect to the third quarter of 2024 and also announced timing of third quarter 2024 earnings. Third Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions: PAA Common Units – $0.3175 per Common Unit ($1.27 per unit on an annualized basis), which is unchanged from the distribution paid in August 2024.PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which is unchanged from the distribution paid in August 2024.PAA Series
HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced that the company's 2023 Sustainability Report Update is now available and can be accessed on the company's website at plains.com/sustainability. The update is also accessible directly at this link. About Plains PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other in
HOUSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today reported strong second-quarter 2024 results and raised full-year 2024 Adjusted EBITDA guidance. Second-Quarter Results Reported net income attributable to PAA of $250 million and net cash provided by operating activities of $653 millionDelivered Adjusted EBITDA attributable to PAA of $674 millionGenerated Adjusted Free Cash Flow of $421 million (excluding changes in Assets & Liabilities; including bolt-on acquisition capital)Successfully priced public offering of $650 million of unsecured senior notes at 5.7% due 2034 2024 Guidance Update Raising the mid
Morgan Stanley downgraded Plains GP from Overweight to Equal-Weight and set a new price target of $19.00 from $22.00 previously
Scotiabank resumed coverage of Plains GP with a rating of Sector Outperform and set a new price target of $23.00
Goldman resumed coverage of Plains GP with a rating of Sell and set a new price target of $13.50
4 - PLAINS GP HOLDINGS LP (0001581990) (Reporting)
4 - PLAINS GP HOLDINGS LP (0001581990) (Issuer)
4 - PLAINS GP HOLDINGS LP (0001581990) (Issuer)
8-K - PLAINS GP HOLDINGS LP (0001581990) (Filer)
8-K - PLAINS GP HOLDINGS LP (0001581990) (Filer)
8-K - PLAINS GP HOLDINGS LP (0001581990) (Filer)
SC 13G/A - PLAINS GP HOLDINGS LP (0001581990) (Subject)
SC 13G/A - PLAINS GP HOLDINGS LP (0001581990) (Subject)
SC 13G/A - PLAINS GP HOLDINGS LP (0001581990) (Subject)
4 - PLAINS GP HOLDINGS LP (0001581990) (Issuer)
Ratings for Plains GP Holdings (NASDAQ:PAGP) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 1 1 1 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 2 1 1 1 1 3M Ago 0 1 0 0 0 Analysts have recently evaluated Plains GP Holdings and provided 12-month price targets. The average target is $20.0, accompanied by a high estimate of $23.00 and a low estimate of $16.00. Marking an incre
Morgan Stanley analyst Robert Kad maintains Plains GP Holdings (NASDAQ:PAGP) with a Overweight and raises the price target from $19 to $20.
Plains GP Holdings (NASDAQ:PAGP) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 2 1 1 Last 30D 0 1 0 0 0 1M Ago 2 1 1 1 1 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for Plains GP Holdings, presenting an average target of $19.69, a high estimate of $23.00, and a low estimate of $16.00. Markin
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced their quarterly distributions with respect to the third quarter of 2024 and also announced timing of third quarter 2024 earnings. Third Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions: PAA Common Units – $0.3175 per Common Unit ($1.27 per unit on an annualized basis), which is unchanged from the distribution paid in August 2024.PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which is unchanged from the distribution paid in August 2024.PAA Series
HOUSTON, July 03, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced their quarterly distributions with respect to the second quarter of 2024 and also announced timing of second quarter 2024 earnings. Second Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions: PAA Common Units – $0.3175 per Common Unit ($1.27 per unit on an annualized basis), which is unchanged from the distribution paid in May 2024.PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which is unchanged from the distribution paid in May 2024.PAA Series A
Provides Update on Permian Long-Haul Contracting & Announces Bolt-on Acquisitions HOUSTON, May 03, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today reported first-quarter 2024 results and reaffirmed full-year 2024 Adjusted EBITDA guidance. Plains also provided updates on Permian long-haul contracting and announced two bolt-on acquisitions. First-Quarter Results Reported Net income attributable to PAA of $266 million and Net cash provided by operating activities of $419 millionDelivered Adjusted EBITDA attributable to PAA of $718 million; on-track to meet full-year guidance of $2.625 - $2.725 billionGenerated Adjusted Fre
HOUSTON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced the appointment of Blake Fernandez as Vice President, Investor Relations. Roy Lamoreaux, who served previously as Vice President, Investor Relations, Communications and Government Relations has assumed the role of Vice President, Communications, Sustainability and Public Affairs. Fernandez and Lamoreaux report to Chris Herbold, Sr. VP Finance and Chief Accounting Officer, who in addition to overseeing these functions and all Accounting activities, also has responsibility for Equity Capital Markets, Tax and Commodity Risk Management. "Blake brings
HOUSTON, April 04, 2022 (GLOBE NEWSWIRE) -- Plains All American -- In association with the company's succession planning efforts, Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced the promotion of Neil Lyons to Senior Vice President, Commercial for its Canadian operations and the appointment of Will Abney as Vice President Mergers, Acquisitions and Strategic Planning. "We are pleased for Neil to assume increasing commercial responsibilities at Plains and for Will to join the organization," stated Willie Chiang, Chairman and CEO of Plains All American. "Neil is an integral member of our Canadian leadership team. The experience, expertise a
FREYR Battery (NYSE:FREY) ("FREYR"), a developer of clean, next-generation battery cell production capacity, today announced the appointment of Oscar Brown to the position of Group Chief Financial Officer ("CFO") at FREYR Battery. As CFO, Brown will report to FREYR's Chief Executive Officer, Tom Einar Jensen, and will be responsible for financial planning, performance, reporting, and capital markets engagement across the organization. He will assume his new position at FREYR effective immediately. "We are delighted to welcome Oscar to the FREYR executive leadership team. As we prepare to execute our strategic plan to establish clean battery production at giga scale in Norway, the U.S. and