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Home > Inc 5000 AI Prospecting Database > Plains GP Holdings

AI Prospecting for Plains GP Holdings

Plains GP Holdings is an American pipeline transportation and marketing company specializing in the transportation of crude oil and natural gas liquids. It is a major player in the midstream energy sector.
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Company data:

Company size:

4100 employees

Industry

Oil & Gas - Transportation

Headquarters:

333 Clay Street, Suite 1600, Houston, Texas, 77002, USA

Investment round:

Publicly Traded (NASDAQ: PAGP)

ARR:

$42 billion

Key stakeholders

These are the current top-level decision-makers at the company and their LinkedIn profiles. Check them for recent activity and updates

Latest news about Plains GP Holdings

Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates

Plains GP Holdings (PAGP) reported third-quarter 2024 results with GAAP EPS of $0.17, missing estimates by $0.12, and revenue of $12.74 billion, which was $370 million below expectations. The company maintained its quarterly distribution at $0.3175 per Class A Share and resolved major Line 901 claims with a $120 million charge[3][1][2].

Plains GP Holdings LP reported Q3 2024 net income of $220 million, an 8% increase from the previous year, and Adjusted EBITDA of $659 million. The company reduced its leverage ratio to 3.0x, below the target range, and received a Moody's credit rating upgrade from Baa3 to Baa2. Adjusted Free Cash Flow was $401 million, a significant improvement from a negative $386 million in the same period last year[1][2].

Plains GP Holdings LP reported a 19% increase in its quarterly distribution to $0.3175 per common unit for Q3 2024. The company also announced it is expected to be toward the high end of its full-year 2024 Adjusted EBITDA guidance of $2.725 - $2.775 billion and anticipates Adjusted Free Cash Flow of approximately $1.45 billion for 2024[2].

Open job positions at Plains GP Holdings

This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.

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