OakChart

Plains GP Holdings LP

PAGPEnergy·Oil & Gas Midstream·USA·Large·NASD·Nov 11 • 3:59 PM ET

25.910.00 (0.00%)
2026-11-12 11:26 CET
Market cap
5,127.69 USD m
Revenue, TTM
55,742.00 USD m
Net income, TTM
539.00 USD m
Free cash flow, TTM
2,271.00 USD m
EPS diluted, TTM
2.72
P/E
9.52
Compare

Price

PAGP against its 20, 50 and 200-day averages
2050200beat
Patternshover a marker to name it
Sales mean, own scale0–100
RS 53Sales 15,227Price13,16314,16720.0022.5025.0027.502.2M4.3MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26PAGPclose 25.9120-day 27.1850-day 26.88200-day 24.2025.9152w high

9.6% under the 52-week high of 28.67 on 30 Oct 2026. 52-week low 16.28 on 12 Nov 2025. Last 15 sessions, 14.9% high to low

Volume 0.00× normal · the session has not printed · the line is the 50-bar volume average

Profile

PAGP
52-week range, 78% of the way up
16.2828.67

Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services primarily for crude oil, natural gas liquids and natural gas through its indirect investment in Plains All American Pipeline, L.P. The firm operates through the following segments: Transportation, Facilities and Supply and Logistics. The Transportation segment consists 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, terminalling and throughput services primarily for crude oil, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment consists of storage of inventory during contango market conditions and the seasonal storage of NGL, purchase of NGL from producers, refiners, processors and other marketers, extraction of NGL from gas processed at the facilities. The company was founded in July 2013 and is headquartered in Houston, TX.

Employees3900
IPOOct 16, 2013
Beta0.52
ATR, 14d0.60
Rel volume0.00
Short float8.19%
Insider own2.80%
Inst own81.89%

Snapshot

6 groups

Valuation

Index-
Market Cap18.29B
Enterprise Value39.72B
Income539.00M
Sales55.74B
Book/sh7.45
Cash/sh1.25
Dividend Est.1.70 (6.58%)
Dividend TTM0.00 (0.01%)
Dividend Ex-DateOct 30, 2026
Dividend Gr. 3/5Y22.35% 11.05%
Payout136.21%
Employees3900
IPOOct 16, 2013

Ratios

P/E9.52
Forward P/E13.99
PEG0.90
P/S0.33
P/B3.48
P/C20.78
P/FCF8.05
EV/EBITDA15.57
EV/Sales0.71
Quick Ratio1.04
Current Ratio1.09
Debt/Eq6.85
LT Debt/Eq6.84
Option/ShortYes / Yes

Earnings

EPS (ttm)2.72
EPS next Y1.85
EPS next Q0.41
EPS this Y89.25%
EPS next Y-24.72%
EPS next 5Y15.57%
EPS past 3/5Y8.82% -
Sales past 3/5Y-8.16% 13.42%
EPS Y/Y TTM189.87%
Sales Y/Y TTM19.31%
EPS Q/Q-3.59%
Sales Q/Q30.81%
EarningsNov 06 BMO
EPS/Sales Surpr.352.15% 37.53%

Ownership

Insider Own2.80%
Insider Trans0.00%
Inst Own81.89%
Inst Trans1.49%
ROA-0.03%
ROE-0.64%
ROIC4.66%
Gross Margin3.41%
Oper. Margin2.82%
Profit Margin0.97%
SMA20-4.66%
SMA50-3.61%
SMA2007.05%
Trades-

Technical

Shs Outstand198.10M
Shs Float192.56M
Short Float8.19%
Short Ratio7.94
Short Interest15.77M
52W High28.67 -9.63%
52W Low16.28 59.19%
Volatility2.82% 2.07%
ATR (14)0.60
RSI (14)39.12
Beta0.52
Rel Volume0.00
Avg Volume1.99M
Volume0

Performance

Perf Week-3.79%
Perf Month-2.95%
Perf Quarter3.14%
Perf Half Y13.61%
Perf YTD44.88%
Perf Year57.20%
Perf 3Y83.45%
Perf 5Y154.79%
Perf 10Y-9.31%
Recom2.36
Target Price27.50
Prev Close25.91
Price25.91
Change %0.00%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jun 04, 2026UpgradeGGoldmanSell → Neutral$24-7.4%
Jan 28, 2026DowngradeBBofA SecuritiesNeutral → Underperform$19-26.7%
Jul 25, 2025DowngradeWWolfe ResearchOutperform → Peer Perform
Jan 10, 2025UpgradeWWolfe ResearchPeer Perform → Outperform$22-15.1%
Dec 18, 2024DowngradeWWells FargoOverweight → Equal Weight$22 → $20-22.8%
Oct 25, 2024DowngradeMMorgan StanleyOverweight → Equal-Weight$22 → $19-26.7%
Apr 08, 2024ResumedBScotiabankSector Outperform$23-11.2%
Oct 06, 2023ResumedGGoldmanSell$13.50-47.9%
Sep 25, 2023DowngradeBBarclaysEqual Weight → Underweight$15-42.1%
Sep 06, 2023DowngradeCCitigroupBuy → Neutral$14 → $15.50-40.2%

Peers

Mkt cap
TickerCompanyMkt cap
EPDEnterprise Products Partners L P80.14B
ETEnergy Transfer LP66.99B
MPLXMPLX LP57.51B
ENBEnbridge Inc106.76B
SOBOSouth Bow Corp6.90B
OKEOneok Inc55.59B
TRGPTarga Resources Corp62.60B
WESWestern Midstream Partners LP17.07B
PBAPembina Pipeline Corp29.02B
KMIKinder Morgan Inc70.37B

Insider trading

8 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Ziemba Lawrence MichaelDirectorAug 14 '26Option Exercise0.007,400095,180Aug 17 04:28 PM
SHACKOULS BOBBY SDirectorAug 14 '26Option Exercise0.007,400080,801Aug 17 04:24 PM
RAYMOND JOHN TDirectorAug 14 '26Option Exercise0.007,4000322,794Aug 17 04:22 PM
Pruner AlexandraDirectorAug 14 '26Option Exercise0.007,400088,294Aug 17 04:19 PM
PETERSEN GARY RDirectorAug 14 '26Option Exercise0.007,400075,544Aug 17 04:17 PM
McCarthy Kevin SDirectorAug 14 '26Option Exercise0.007,4000156,091Aug 17 04:15 PM
DeSanctis EllenDirectorAug 14 '26Option Exercise0.007,400044,500Aug 17 04:14 PM
Burk VictorDirectorAug 14 '26Option Exercise0.007,400050,323Aug 17 04:10 PM

Held by

AUM
TickerCompanyAUM
EMLPFirst Trust North American Energy Infrastructure FundAUM: 4.18B
MLPXGlobal X MLP & Energy Infrastructure ETFAUM: 3.53B
SURISimplify Propel Opportunities ETFAUM: 74.30M
SMIGBahl & Gaynor Small/Mid Cap Income Growth ETFAUM: 1.50B
VDEVanguard Energy ETFAUM: 10.46B
UMIUSCF Midstream Energy Income Fund ETFAUM: 520.21M
ENFRAlerian Energy Infrastructure ETFAUM: 522.14M
ATMPiPath Select MLP ETNAUM: 646.54M
MLPINEOS MLP & Energy Infrastructure High Income ETFAUM: 905.93M
EIPIFT Energy Income Partners Enhanced Income ETFAUM: 1.09B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q22026-08-071.9700.4361.97017,69312,8659
2026Q12026-05-080.1000.4570.10112,47011,7167
2025Q42026-02-060.3100.4930.31310,56513,0228
2025Q32025-11-050.4100.4190.35611,57812,2138
2025Q22025-08-080.1500.3920.15210,64212,5646
2025Q12025-05-090.4200.4320.42412,01112,9915
2024Q42025-02-07-0.0500.456-0.05612,40214,6776
2024Q32024-11-110.1700.3840.16812,74313,1087
2024Q22024-08-050.2000.3940.19812,93312,4098
2024Q12024-05-030.2100.4710.21311,99512,7918
2023Q42024-02-090.2700.3980.26512,69811,4887
2023Q32023-11-030.1500.3010.14812,07112,5627
2023Q22023-08-040.2500.2580.24611,60212,7775
2023Q12023-05-080.3500.4320.35612,34112,8424
2022Q42023-02-080.2300.4030.06312,95215,0136
2022Q32022-11-020.3600.4740.36614,33616,3956

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY1.9602.2551.95933,66932,953
2020FY-3.070-2.245-3.07723,29023,321
2021FY0.3100.1440.30942,04336,869
2022FY0.8601.1460.86657,34256,986
2023FY1.0101.2471.01548,71248,223
2024FY0.5201.3900.44450,07352,418
2025FY1.3001.5371.30044,26247,385
2026FY-2.460--57,768
2027FY-1.852--60,127
2028FY-2.007--60,067
2029FY-2.280---
2030FY-2.370---

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q3S2026-11-1042015,22715,17315,282
2026Q3S2026-11-0942015,21615,13115,282
2026Q3S2026-10-2532015,23115,13115,282
2026Q3S2026-10-0942014,74713,29815,282
2026Q3S2026-10-0841014,16012,93115,282
2026Q3S2026-10-0741014,16712,93115,282
2026Q3S2026-09-0841013,93812,93115,159
2026Q3S2026-08-1731013,53112,93114,365
2026Q3S2026-08-1631013,52512,91114,365
2026Q3S2026-08-1431113,52512,91114,365
2026Q3S2026-08-0930113,16312,91113,298
2026Q3S2026-08-0731113,16312,91113,298
2026Q3S2026-07-2931113,16312,91113,298
2026Q3S2026-07-1732113,16312,91113,298

Estimate history

EPS, annual-5.0411.1841.959-3.0770.3090.8661.0150.4441.1162.7222
Period201720182019202020212022202320242025TTM
EPS, quarterly0.168-0.0560.4240.1520.3560.3130.1011.9650.343
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual26403339283335123592427885716348699489134428255742
Period201720182019202020212022202320242025TTM
Sales, quarterly127141243012045106821156510556123821767615128
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual156.111159.486182.139194.051194.193194.408196.417197.466197.904198.101
Period201720182019202020212022202320242025MRQ
Shares, quarterly197.466197.466197.744197.744197.888197.904197.904197.904198.101
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue55,742.0044,282.0048,913.0048,699.0057,163.0042,788.0023,592.0033,351.0033,928.00
Cost of Goods Sold Incl. D&A53,843.0042,542.0047,526.0046,962.0055,518.0040,417.0022,168.0031,373.0031,575.00
Gross Profit1,899.001,740.001,387.001,737.001,645.002,371.001,424.001,978.002,353.00
Selling, General and Administrative Excl. Other325.00339.00334.00356.00330.00281.00276.00302.00320.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,574.001,401.001,053.001,381.001,315.002,090.001,148.001,676.002,033.00
Interest Expense532.00467.00382.00386.00405.00425.00436.00416.00426.00
Unusual Expense-39.0027.0032.00-26.00-49.001,231.003,535.00-325.00-125.00
Net Income Before Taxes1,450.001,395.00963.001,614.001,409.00712.00-2,607.002,238.002,409.00
Income Taxes261.0092.00124.00189.00246.00112.00-167.00176.00302.00
Consolidated Net Income1,189.001,303.00839.001,425.001,163.00600.00-2,440.002,062.002,107.00
Net Income From Continuing Operations-9.00152.0039.00198.00168.0060.00-568.00331.00334.00
Net Income539.00260.00103.00198.00168.0060.00-568.00331.00334.00
EPS (Recurring)2.581.200.540.920.694.756.980.620.87
EPS (Basic, Before Extraordinaries)2.721.310.521.020.870.31-3.051.972.11
EPS (Diluted)2.721.120.441.020.870.31-3.081.961.18
EBITDA2,551.002,354.001,954.002,432.002,283.002,867.001,804.002,280.002,554.00
Non-Operating Income (Expense)369.00488.00324.00593.00450.00278.00216.00653.00677.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense31.6029.2328.4428.4425.2813.8713.8725.5562.41
Price To Earnings Ratio9.529.5221.7819.6211.6032.25-9.449.54
Price To Sales Ratio0.090.100.090.060.040.050.090.100.17
Gross Margin3.413.932.843.572.885.546.045.936.94
Operating Margin2.823.162.152.842.304.884.875.035.99
Net Margin0.970.590.210.410.290.14-2.410.990.98
Shares Outstanding198.10197.90197.47196.42194.41194.19194.05182.14159.49
Market Capitalization5,127.695,127.693,629.433,132.852,416.921,968.601,586.793,449.013,199.14

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue15,128.0017,676.0012,382.0010,556.0011,565.0010,682.0012,045.0012,430.00
Cost of Goods Sold Incl. D&A14,571.0017,126.0012,038.0010,108.0011,103.0010,284.0011,379.0012,066.00
Gross Profit557.00550.00344.00448.00462.00398.00666.00364.00
Selling, General and Administrative Excl. Other81.0077.0083.0084.0084.0084.00101.0094.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income476.00473.00261.00364.00378.00314.00565.00270.00
Interest Expense116.00135.00144.00137.00112.00110.00107.0095.00
Unusual Expense26.0017.00-83.001.00-13.0035.0046.0025.00
Net Income Before Taxes420.00375.00333.00322.00458.00229.00565.00163.00
Income Taxes28.00209.008.0016.0030.0016.0073.0047.00
Consolidated Net Income392.00166.00325.00306.00428.00213.00492.00116.00
Net Income From Continuing Operations57.00-74.0048.00-40.0062.0010.0084.00-11.00
Net Income68.00389.0020.0062.0083.0030.0084.00-11.00
EPS (Recurring)0.442.02-0.190.320.320.280.590.03
EPS (Basic, Before Extraordinaries)0.341.960.100.310.420.150.42-0.06
EPS (Diluted)0.341.960.100.310.360.150.42-0.06
EBITDA711.00715.00504.00621.00608.00549.00827.00528.00
Non-Operating Income (Expense)86.0054.00133.0096.00179.0060.00153.0013.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense8.697.907.907.117.906.327.117.90
Price To Earnings Ratio9.5226.3319.5021.8526.5326.4740.8621.78
Price To Sales Ratio0.090.090.110.080.090.080.080.07
Gross Margin3.683.112.784.243.993.735.532.93
Operating Margin3.152.682.113.453.272.944.692.17
Net Margin0.452.200.160.590.720.280.70-0.09
Shares Outstanding198.10197.90197.90197.90197.89197.74197.74197.47
Market Capitalization5,127.694,803.134,805.113,787.583,606.853,842.174,223.813,629.43

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments329.00349.00453.00404.00456.0063.0084.0069.0040.00
Short Term Receivables3,598.003,679.003,760.003,907.004,705.002,553.003,614.002,454.003,029.00
Inventories211.00261.00548.00729.00783.00647.00604.00640.00713.00
Other Current Assets566.00487.00155.00318.00196.00405.00312.00373.00221.00
Total Current Assets4,704.004,776.004,916.005,358.006,140.003,668.004,614.003,536.004,003.00
Net Property, Plant & Equipment17,058.0013,635.0016,095.0015,602.0015,302.0014,998.0015,833.0014,802.0014,105.00
Total Investments and Advances2,847.002,838.002,827.003,133.003,873.003,769.003,707.002,702.002,756.00
Long-Term Note Receivable--1.001.001.0091.0037.0033.0026.00
Intangible Assets1,754.001,677.001,875.002,145.001,960.00805.003,247.002,521.003,410.00
Deferred Tax Assets1,136.001,220.001,239.001,309.001,362.001,444.001,280.001,304.001,386.00
Other Assets3,777.003,610.001,644.001,659.001,340.001,176.001,251.001,932.001,067.00
Total Assets31,276.0027,756.0028,597.0029,207.0029,978.0025,951.0029,969.0026,830.0026,753.00
Short Term Debt Incl. Current Port. of LT Debt590.00437.00515.001,230.00899.00909.00598.0066.00737.00
Accounts Payable3,457.003,647.003,845.004,045.004,811.002,425.003,687.002,705.003,372.00
Other Current Liabilities855.00840.00645.00618.00524.00921.00734.00687.00424.00
Total Current Liabilities4,902.004,924.005,005.005,893.006,234.004,255.005,019.003,458.004,533.00
Long Term Debt10,898.007,403.007,579.007,595.008,737.009,699.009,574.009,143.009,183.00
Provision for Risks Charges70.0069.0046.0045.0046.0039.00248.0092.0090.00
Deferred Tax Liabilities197.00176.00535.00545.00-----
Other Liabilities993.00868.00460.00491.00784.00768.00643.00818.00589.00
Total Liabilities17,060.0013,440.0013,625.0014,569.0015,801.0014,761.0015,484.0013,511.0014,395.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity1,345.001,351.001,548.001,524.001,533.001,464.002,155.001,846.001,695.00
Total Shareholders Equity1,345.001,351.001,548.001,524.001,533.001,464.002,155.001,846.001,695.00
Accumulated Minority Interest12,871.0012,965.0013,424.0013,114.0012,644.009,726.0012,330.0011,473.0010,663.00
Total Equity14,216.0014,316.0014,972.0014,638.0014,177.0011,190.0014,485.0013,319.0012,358.00
Total Liabilities & Stockholders Equity31,276.0027,756.0028,597.0029,207.0029,978.0025,951.0029,969.0026,830.0026,753.00
Book Value Per Share6.806.847.887.847.897.5411.8311.5710.86
Tangible Book Value Per Share-2.07-1.65-1.66-3.19-2.203.40-6.00-4.23-10.99
Full-Time Employees3,9004,2004,2004,1004,1004,4005,0004,9004,850
Price to Book Ratio3.482.482.051.601.281.121.601.741.34
Return on Assets0.510.140.690.570.21-2.031.171.25-2.77
Return on Equity11.282.6912.8910.994.00-31.3916.5518.86-42.60
Return on Invested Capital2.121.182.171.840.58-5.092.823.04-6.72
Quick Ratio0.920.920.870.790.860.710.800.840.73
Current Ratio0.960.970.980.910.980.860.921.020.88

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income2,876.001,686.001,070.001,425.001,163.00600.00-2,440.002,062.002,107.00
Depreciation978.00953.00901.001,051.00968.00777.00656.00604.00521.00
Other Funds (Non Cash)-1,120.00235.00334.008.00302.00779.003,670.00-218.00-127.00
Funds from Operations2,685.002,965.002,347.002,528.002,595.002,218.001,668.002,512.002,737.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital141.00-34.00137.00194.00-191.00-227.00-158.00-12.00-133.00
Cash from Operating Activities2,826.002,931.002,484.002,722.002,404.001,991.001,510.002,500.002,604.00
Capital Expenditures-555.00-643.00-448.00-559.00-455.00-336.00-752.00-1,255.00-1,679.00
Net Assets From Acquisitions-1,936.00-2,651.00-248.00-425.00-149.00-32.00-310.00-50.000.00
Sale of Fixed Assets and Businesses130.00156.0068.00434.0086.00881.00429.00205.001,334.00
Purchase or Sale of Investments-2.00-2.00-4.00-33.00-14.00-94.00-461.00-524.00-458.00
Purchase of Investments-2.00-2.00-4.00-33.00-14.00-94.00-461.00-524.00-468.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.0010.00
Other Uses-68.00-224.00-191.00-23.00-84.00-33.000.00-13.00-10.00
Other Sources3,537.000.005.0010.00116.000.001.000.000.00
Cash from Investing Activities1,106.00-3,364.00-818.00-596.00-500.00386.00-1,093.00-1,637.00-813.00
Cash Dividends Paid-324.00-301.00-251.00-209.00-162.00-140.00-166.00-231.00-189.00
Change in Capital Stock-1,687.00-341.000.000.00-74.00-178.00-50.000.000.00
Repurchase of Common Pref Stock-1,687.00-341.000.000.00-74.00-178.00-50.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-612.002,561.00-140.00-667.00-750.00-912.00427.00416.00-701.00
Change in Long Term Debt-1,582.001,984.00-100.00-1,100.00-750.00-367.00-29.00416.00-701.00
Issuance of Long Term Debt3,352.004,098.00650.000.000.000.00748.001,416.00200.00
Reduction of Long Term Debt-4,934.00-2,114.00-750.00-1,100.00-750.00-367.00-777.00-1,000.00-901.00
Net Financing Active Other Cash Flow-1,594.00-1,520.00-1,368.00-1,201.00-967.00-749.00-641.00-1,030.00-863.00
Other Financing Activities Uses-1,594.00-1,520.00-1,368.00-1,201.00-967.00-749.00-697.00-1,030.00-863.00
Cash from Financing Activities-4,217.00399.00-1,759.00-2,077.00-1,953.00-1,979.00-430.00-845.00-1,753.00
Exchange Rate Effect-16.0014.00-11.000.00-3.00-5.00-8.00-3.00-9.00
Net Change in Cash-301.00-20.00-104.0049.00-52.00393.00-21.0015.0029.00
Free Cash Flow2,271.002,288.002,036.002,163.001,949.001,655.00772.001,319.00970.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow2.632.242.391.591.351.303.432.967.26
Deferred Taxes & Investment Tax Credit-91.0042.0044.00162.0062.00-218.0064.00236.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments880.001,060.00172.00329.001,181.00460.00
Short Term Receivables5,592.005,267.004,821.003,598.003,623.003,562.00
Inventories343.0084.00380.00211.00184.00151.00
Other Current Assets128.00119.00785.00566.00589.00485.00
Total Current Assets6,943.006,530.006,158.004,704.005,577.004,658.00
Net Property, Plant & Equipment16,917.0016,953.0017,070.0017,058.0014,327.0014,359.00
Total Investments and Advances2,726.002,825.002,839.002,847.002,874.002,709.00
Intangible Assets1,535.001,610.001,686.001,754.001,570.001,636.00
Deferred Tax Assets1,076.001,083.001,176.001,136.001,157.001,175.00
Other Assets1,301.001,232.003,831.003,777.003,747.003,763.00
Total Assets30,498.0030,233.0032,760.0031,276.0029,252.0028,300.00
Short Term Debt Incl. Current Port. of LT Debt9.009.00420.00590.001,010.00475.00
Accounts Payable5,642.004,942.004,928.003,457.003,584.003,364.00
Other Current Liabilities693.00900.001,188.00855.00765.00809.00
Total Current Liabilities6,344.005,851.006,536.004,902.005,359.004,648.00
Long Term Debt10,094.008,626.0011,158.0010,898.008,627.008,394.00
Provision for Risks Charges73.0070.0066.0070.0073.0074.00
Deferred Tax Liabilities---197.00--
Other Liabilities306.00372.001,048.00993.001,047.001,059.00
Total Liabilities16,817.0014,919.0018,808.0017,060.0015,106.0014,175.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity1,475.001,580.001,274.001,345.001,345.001,354.00
Total Shareholders Equity1,475.001,580.001,274.001,345.001,345.001,354.00
Accumulated Minority Interest12,206.0013,734.0012,678.0012,871.0012,801.0012,771.00
Total Equity13,681.0015,314.0013,952.0014,216.0014,146.0014,125.00
Total Liabilities & Stockholders Equity30,498.0030,233.0032,760.0031,276.0029,252.0028,300.00
Book Value Per Share7.457.986.446.806.806.85
Tangible Book Value Per Share-0.30-0.15-2.08-2.07-1.14-1.43
Full-Time Employees---3,900--
Price to Book Ratio3.483.773.572.822.662.83
Return on Assets-0.03-0.010.260.390.500.41
Return on Equity-0.64-0.276.088.6110.338.16
Return on Invested Capital0.593.810.160.510.830.31
Quick Ratio1.041.100.880.921.010.97
Current Ratio1.091.120.940.961.041.00

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income432.001,815.00222.00407.00504.00283.00
Depreciation235.00243.00243.00257.00230.00204.00
Other Funds (Non Cash)80.00-1,452.00106.00146.00-100.00192.00
Funds from Operations778.00708.00363.00836.00659.00692.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-106.00244.0055.00-52.00158.000.00
Cash from Operating Activities672.00952.00418.00784.00817.00692.00
Capital Expenditures-139.00-138.00-130.00-148.00-185.00-119.00
Net Assets From Acquisitions-20.00-42.00-88.00-1,786.00-184.00-57.00
Sale of Fixed Assets and Businesses31.001.003.0095.0011.0043.00
Purchase or Sale of Investments0.000.000.00-2.000.000.00
Purchase of Investments0.000.000.00-2.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.006.00-18.00-56.00-45.00-116.00
Other Sources29.003,508.000.000.000.000.00
Cash from Investing Activities-99.003,335.00-233.00-1,897.00-403.00-249.00
Cash Dividends Paid-83.00-82.00-83.00-76.00-75.00-75.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-1,687.000.000.000.000.00-8.00
Repurchase of Common Pref Stock-1,687.000.000.000.000.00-8.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net1,500.00-2,936.00116.00708.00786.00-2.00
Change in Long Term Debt530.00-1,850.000.00-262.001,248.000.00
Issuance of Long Term Debt1,500.000.000.001,852.001,248.000.00
Reduction of Long Term Debt-970.00-1,850.000.00-2,114.000.000.00
Net Financing Active Other Cash Flow-482.00-368.00-372.00-372.00-398.00-347.00
Other Financing Activities Uses-482.00-368.00-372.00-372.00-398.00-347.00
Cash from Financing Activities-752.00-3,386.00-339.00260.00313.00-432.00
Exchange Rate Effect-1.00-13.00-3.001.00-6.0020.00
Net Change in Cash-180.00888.00-157.00-852.00721.0031.00
Free Cash Flow533.00814.00288.00636.00632.00573.00
Price to Free Cash Flow2.632.342.641.912.212.10

Revenue breakdown

Consolidation, Policy2024: 1.69B 2025: 1.76B
Product2024: 47.20B 2025: 42.50B
Canada2024: 5.35B 2025: 4.50B
United States2024: 43.54B 2025: 39.76B
Consolidation, Policy2024: 51.00M 2025: 25.00M
Crude Oil2024: 48.65B 2025: 44.09B
Natural Gas Liquids2024: 187.00M 2025: 150.00M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-308.20%15.8M192.4M1.82M
2026-10-158.55%16.4M192.4M1.69M
2026-09-308.29%15.9M192.4M1.58M
2026-09-159.46%18.2M192.4M1.52M
2026-08-319.08%17.5M192.4M1.46M
2026-08-147.59%14.6M192.4M1.53M
2026-07-318.04%15.5M192.4M1.55M
2026-07-158.46%16.3M192.4M1.60M
2026-06-307.95%15.3M192.4M1.75M
2026-06-158.35%16.1M192.3M1.86M
2026-05-298.79%16.9M192.4M1.98M
2026-05-158.00%15.4M192.4M1.95M
2026-04-3010.39%20.0M192.4M2.06M
2026-04-157.72%14.9M192.4M2.05M
2026-03-318.27%15.9M192.4M2.05M
2026-03-137.79%15.0M192.4M1.96M
2026-02-277.39%14.2M192.4M1.80M
2026-02-136.25%12.0M192.4M1.73M
2026-01-305.98%11.5M192.4M1.56M
2026-01-155.63%10.8M192.4M1.49M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call13.0012.4013.4011.973.5840.000.000.984-0.0150.001
call15.0010.4011.4011.602.9639.000.000.981-0.0150.002
call16.009.4010.4010.602.68215.000.000.979-0.0140.002
call17.008.409.409.802.4177.000.000.977-0.0140.002
call18.007.408.408.352.1640.000.000.974-0.0140.002
call19.006.407.407.501.9220.000.000.970-0.0130.003
call20.005.406.408.851.6891.000.000.966-0.0130.003
call21.004.405.408.101.46312.000.000.961-0.0120.003
call22.003.404.406.901.2400.000.000.953-0.0120.004
call23.002.403.405.801.0199.000.000.941-0.0110.005
call24.001.502.402.000.79518.000.000.888-0.0160.008
call25.000.701.250.900.4542,9575.000.750-0.0240.013
call26.000.250.300.250.2182,5514,3530.458-0.0190.016
call27.000.000.150.050.3224,3440.000.225-0.0230.012
call28.000.000.050.050.3825,3710.000.079-0.0130.006
call29.000.000.250.030.4656,8890.000.063-0.0130.005
call30.000.000.100.040.5714200.000.053-0.0140.004
call31.000.000.150.050.6781,0660.000.046-0.0150.004
call32.000.000.250.350.7615.000.000.042-0.0150.004
call33.000.000.250.260.84810.000.000.038-0.0160.003
call34.000.000.250.010.93283.000.000.035-0.0160.003
call35.000.000.250.001.0110.000.000.033-0.0170.003
call36.000.000.250.001.0870.000.000.031-0.0170.003
put13.000.000.250.002.1950.000.00-0.014-0.0180.001
put15.000.000.250.001.7830.000.00-0.018-0.0180.002
put16.000.000.250.001.5950.000.00-0.019-0.0170.002
put17.000.000.250.001.4190.000.00-0.022-0.0170.002
put18.000.000.250.251.25015.000.00-0.025-0.0160.002
put19.000.000.050.101.08922.000.00-0.028-0.0160.003
put20.000.000.250.100.93593.000.00-0.032-0.0150.003
put21.000.000.250.400.7855030.00-0.038-0.0150.003
put22.000.000.500.150.6391,0810.00-0.045-0.0140.004
put23.000.000.050.050.4944370.00-0.057-0.0130.005
put24.000.000.050.100.3502,0390.00-0.110-0.0180.008
put25.000.000.150.200.2963,87850.00-0.249-0.0260.013
put26.000.250.400.400.21411,33589.00-0.541-0.0200.016
put27.000.951.351.450.3999,8270.00-0.773-0.0250.012
put28.001.902.351.500.56910,0210.00-0.906-0.0150.007
put29.002.653.602.700.9360.000.00-0.935-0.0140.005
put30.003.604.602.701.0871.000.00-0.945-0.0150.004
put31.004.605.600.001.2260.000.00-0.952-0.0160.004
put32.005.606.600.001.3560.000.00-0.957-0.0170.004
put33.006.607.600.001.4780.000.00-0.960-0.0170.003
put34.007.608.600.001.5930.000.00-0.963-0.0170.003
put35.008.609.600.001.7020.000.00-0.965-0.0180.003
put36.009.6010.600.001.8050.000.00-0.967-0.0180.003

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-068-KCurrent report2026-11-06SEC
2026-10-073Initial statement of beneficial ownership of securities2026-10-02SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-09-298-KCurrent report2026-09-25SEC
2026-09-148-KCurrent report2026-09-09SEC
2026-09-103Initial statement of beneficial ownership of securities2026-09-01SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-14SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-1010-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-078-KCurrent report2026-08-07SEC
2026-06-178-KCurrent report2026-06-12SEC
2026-06-028-KCurrent report2026-06-01SEC
2026-05-228-KCurrent report2026-05-20SEC
2026-05-203Initial statement of beneficial ownership of securities2026-05-11SEC
2026-05-13DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-05-138-KCurrent report2026-05-11SEC
2026-05-128-KCurrent report2026-05-12SEC
2026-05-11DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-05-0810-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-088-KCurrent report2026-05-08SEC
2026-04-10ARSAnnual report to security holders. 2025-12-31SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
TORTOISE CAPITAL ADVISORS, L.L.C.5.62%
Energy Income Partners, LLC4.57%
MASSACHUSETTS FINANCIAL SERVICES CO /MA/4.51%
CHICKASAW CAPITAL MANAGEMENT LLC4.32%
TWO SIGMA INVESTMENTS, LP3.64%
Clearbridge Investments, LLC3.46%
GOLDMAN SACHS GROUP INC3.31%
Artemis Investment Management LLP3.15%
Invesco Ltd.2.24%
BARROW HANLEY MEWHINNEY & STRAUSS LLC2.13%

Funds

Fund% owned
Tortoise Energy Infrastructure Total Return Fund3.72%
First Trust North American Energy Infrastructure Fund3.36%
MFS Mid Cap Value Fund2.60%
MainGate MLP Fund2.13%
Invesco SteelPath MLP Select 40 Fund1.42%
NYLIM Cushing MLP Premier Fund1.41%
ClearBridge Energy Midstream Opportunity Fund Inc.1.32%
Tortoise Energy Infrastructure Corp1.19%
Bridge Builder Large Cap Value Fund1.10%
Global X MLP and Energy Infrastructure ETF1.03%

OakChart. PAGP. Cached 15 minutes.