Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Plains GP Holdings LP (Plains GP) is an oil and gas investment holding company. It owns and operate a network of pipeline infrastructure and assets in the US and Canada. It focuses on natural gas processing and gathering, transportation, terminalling and storage of crude oil and natural gas liquids (NGL). Its key assets comprise natural gas processing facilities, underground LPG storage caverns and above ground storage tanks, NGL fractionation facilities, NGL transportation pipelines and LPG rail and truck terminals. Its natural gas liquids include ethane, normal butane, iso-butane, propane and natural gasoline. Plains GP is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
Suite 1600, 333 Clay St, Houston, Texas, 77002
Website
www.plains.com
Telephone
1 713 6464100
No of Employees
3,900
Industry
Energy and Utilities
Ticker Symbol & Exchange
PAGP (NASD)
Revenue (2024)
$44.3B
3.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-48%
(2024 vs 2023)
Market Cap*
$5.1B
Net Profit Margin (2023)
XYZ
-50.0%
(2024 vs 2023)
* As of and is in US$
Plains GP Holdings LP premium industry data and analytics
Products and Services
| Services |
|---|
| Processing, Transportation, Fractionation, and Storage of NGL and Crude Oil |
| Marketing, Supply and Logistics |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In September, the company and Plains All American Pipeline, L.P. entered into an agreement to acquire a 55% stake in EPIC Crude Holdings, LP. |
| 2026 | Divestiture | In May, the company and Plains All American Pipeline sold Plains Midstream Canada ULC to Keyera Corp. |
| 2024 | Acquisitions/Mergers/Takeovers | In December, the company and Plains All American Pipeline acquired the remaining 50% stake in Midway Pipeline LLC from a subsidiary of CVR Energy for US$90 million. |
Competitor Comparison
| Key Parameters | Plains GP Holdings LP | Energy Transfer LP | Enterprise Products Partners LP | Magellan Midstream Partners LP | Genesis Energy LP |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Dallas | Houston | Tulsa | Houston |
| State/Province | Texas | Texas | Texas | Oklahoma | Texas |
| No. of Employees | 3,900 | 22,311 | 7,944 | - | 1,061 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Willie Chiang | President; Chairman; Chief Executive Officer | Executive Board | 2025 | 65 |
| Al Swanson | Chief Financial Officer; Executive Vice President | Senior Management | 2011 | 62 |
| Chris R Chandler | Chief Operating Officer; Executive Vice President | Senior Management | 2019 | 54 |
| Chris Herbold | Senior Vice President - Finance; Chief Accounting Officer | Senior Management | 2018 | 53 |
| Jeremy L Goebel | Chief Commercial Officer; Executive Vice President | Senior Management | 2021 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer