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Plains GP Holdings

  • Previous Rank115
  • Revenues ($M)$34,055.0
  • Revenue Percent Change29.9%
  • Profits ($M)$334.0
  • Profits Percent Change-
  • Assets ($M)$26,830.0
  • Employees4,900

Plains GP Holdings is the parent of Plains All American Pipeline (PAA), which provides infrastructure and logistics services for crude oil, natural gas, and natural gas liquid supplies in U.S. and Canadian hubs—an estimated 4 million barrels daily. By targeting production growth areas, the pipeline provider increased revenue by 29.9% to $34.1 billion and net income more than doubled to $2.2 billion. Fracking by smaller producers in the Permian Basin in the Southwest attracted majors including Chevron and Exxon Mobil, driving a 31% increase in the region. A deleveraging plan adopted in 2017, which has so far included asset sales of $1.3 billion, buoyed PAA’s cash flow and reduced debt.

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Company Info

CEO
Wilfred C.W. Chiang
CEO Title
Chief Executive Officer & Director
Sector
Energy
Industry
Pipelines
HQ Location
Houston, Texas
Websitehttp://www.plainsallamerican.com
Years on Fortune 500 List6
Employees4,900
A partnership.

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$34,055.029.9%
Profits ($M)$334.0-
Assets ($M)$26,830.0-
Total Stockholder Equity ($M)$1,846.0-

Profit Ratios

Profit as % of Revenues1.0%
Profits as % of Assets1.2%
Profits as % of Stockholder Equity18.1%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)2.11
EPS % Change (from 2017)-
EPS % Change (5 year annual rate)51.3%
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2018)-3.7%
Total Return to Investors (5 year, annualized)-17.7%
Total Return to Investors (10 year, annualized)-