Plains GP Holdings, L.P. (PAGP) Stock Analysis
Energy · Oil & Gas Midstream
Sell if holding. Engine safety override at $23.69: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: Below-average business quality; Negative price momentum.
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments. The company engages in the gathering... Read more
Sell if holding. Engine safety override at $23.69: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: Below-average business quality; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.5/10, moderate confidence.
Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-06-17Recent Developments — Plains GP Holdings, L.P.
Material events (past 30 days)
- 8K Jun 2, 2026 MEDIUM Item 5.02: Russ Montgomery promoted to VP Accounting and Chief Accounting Officer of PAA GP Holdings LLC (PAGP general partner) effective Sept 1, 2026. Chris Herbold retiring Aug 31, 2026. Clean handoff; no disagreement cited.
Latest news
- NEWS Mizuho Maintains Outperform on Plains GP Holdings, Raises Price Target to $27 — benzinga Jun 8, 2026 positive
- NEWS This Plains GP Holdings Analyst Turns Bullish; Here Are Top 3 Upgrades For Thursday — benzinga Jun 5, 2026 positive
- NEWS Goldman Sachs Upgrades Plains GP Holdings to Neutral, Raises Price Target to $24 — benzinga Jun 4, 2026 positive
- NEWS Morgan Stanley Maintains Equal-Weight on Plains GP Holdings, Raises Price Target to $26 — benzinga May 20, 2026 positive
- NEWS Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields — benzinga May 15, 2026 neutral
Generated 2026-06-17T08:31:52Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHcounterpartyPAA distributions10-K Item 1A: 'The source of our earnings and cash flow currently consists exclusively of cash distributions from AAP, which currently consist exclusively of cash distributions from PAA'
Material Events(8-K, last 90d)
- 2026-06-02Item 5.02MEDIUMRuss Montgomery promoted to VP Accounting and Chief Accounting Officer of PAA GP Holdings LLC (PAGP general partner) effective Sept 1, 2026. Chris Herbold retiring Aug 31, 2026. Clean handoff; no disagreement cited.SEC filing →
- 2026-05-13Item 5.02LOWCynthia B. Taylor appointed independent board member (Class III) effective May 11, 2026. Also added to Compensation Committee and Health, Safety, Environmental and Sustainability Committee. No departures.SEC filing →
- 2026-05-12Item 1.02MEDIUMTerm loan terminated concurrent with May 12, 2026 sale of PAA's Canadian NGL Business to Keyera Corp. Net proceeds ~$3.3B used to repay commercial paper, term loan, and PAA 4.50% senior notes due December 2026.SEC filing →
- 2026-05-12Item 2.01MEDIUMPAA (wholly owned by PAGP) completed sale of Plains Midstream Canada ULC (Canadian NGL Business) to Keyera Corp for ~CAD $5.13B (~USD $3.76B) on May 12, 2026. Net proceeds ~$3.3B applied to leverage reduction.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
3 floor-breakers·1 ceiling hit
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $23.69: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: Below-average business quality; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $22.90. Score 5.5/10, moderate confidence.
Take-profit target: $25.63 (+8.2% upside). Prior stop was $22.90. Stop-loss: $22.90.
Concentration risk — Counterparty: PAA distributions; Target reached (-11.3% upside); Quality below floor (3.4 < 4.0).
Plains GP Holdings, L.P. trades at a P/E of 31.4 (forward 11.0). TrendMatrix value score: 6.9/10. Verdict: Sell.
20 analysts cover PAGP with a consensus score of 3.6/5. Average price target: $24.
What does Plains GP Holdings, L.P. do?Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream...
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments. The company engages in the gathering and transporting crude oil using pipelines, trucks, and barges or railcars. It also provides terminalling, storage, and other related services. In addition, the company is involved in the natural gas processing and NGL fractionation, storage, transportation, and terminalling activities. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was incorporated in 2013 and is headquartered in Houston, Texas.