See more : Kasten, Inc. (KAST) Income Statement Analysis – Financial Results
Complete financial analysis of Plains GP Holdings, L.P. (PAGP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Plains GP Holdings, L.P., a leading company in the Oil & Gas Midstream industry within the Energy sector.
- Meridian Bancorp, Inc. (EBSB) Income Statement Analysis – Financial Results
- WuXi XDC Cayman Inc (2268.HK) Income Statement Analysis – Financial Results
- Lakshmi Electrical Control Systems Limited (LAKSELEC.BO) Income Statement Analysis – Financial Results
- BP p.l.c. (BP.SW) Income Statement Analysis – Financial Results
- United Utilities Group PLC (UU.L) Income Statement Analysis – Financial Results
Plains GP Holdings, L.P. (PAGP)
About Plains GP Holdings, L.P.
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). The company engages in the transportation of crude oil and NGLs on pipelines, gathering systems, and trucks. As of December 31, 2021, this segment owned and leased assets comprising 18,300 miles of crude oil and NGL pipelines and gathering systems; 38 million barrels of above-ground tank capacity; and 1,275 trailers. It engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. As of December 31, 2021, this segment owned and operated approximately 74 million barrels of crude oil storage capacity; 28 million barrels of NGL storage capacity; four natural gas processing plants; a condensate processing facility; nine fractionation plants; 16 NGL rail terminals; four marine facilities; and 110 miles of pipelines. As of December 31, 2021, this segment owned 15 million barrels of crude oil and 2 NGL linefill; 3 million barrels of crude oil and 1 NGL linefill in pipelines owned by third parties and other inventory; 640 trucks and 1,275 trailers; and 3,900 NGL railcars. The company offers logistics services to producers, refiners, and other customers. 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 48.71B | 57.34B | 42.04B | 23.29B | 33.67B | 34.06B | 26.22B | 20.18B | 23.15B | 43.46B | 42.25B | 37.80B | 34.28B | 25.89B |
| Cost of Revenue | 45.58B | 54.14B | 39.25B | 21.09B | 30.06B | 30.31B | 23.61B | 17.73B | 20.16B | 39.89B | 38.84B | 34.85B | 31.81B | 24.18B |
| Gross Profit | 3.13B | 3.20B | 2.80B | 2.20B | 3.61B | 3.74B | 2.61B | 2.45B | 2.99B | 3.57B | 3.41B | 2.95B | 2.46B | 1.72B |
| Gross Profit Ratio | 6.43% | 5.58% | 6.65% | 9.46% | 10.73% | 10.99% | 9.95% | 12.16% | 12.93% | 8.21% | 8.06% | 7.79% | 7.18% | 6.62% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 356.00M | 330.00M | 298.00M | 276.00M | 302.00M | 320.00M | 280.00M | 282.00M | 281.00M | 331.00M | 360.00M | 342.00M | 294.00M | 260.00M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 356.00M | 330.00M | 298.00M | 276.00M | 302.00M | 320.00M | 280.00M | 282.00M | 281.00M | 331.00M | 360.00M | 342.00M | 294.00M | 260.00M |
| Other Expenses | 1.27B | 1.32B | 1.07B | 1.08B | 1.30B | -7.00M | -31.00M | 33.00M | -7.00M | -2.00M | 1.00M | 6.00M | -19.00M | -9.00M |
| Operating Expenses | 1.63B | 1.65B | 1.36B | 1.35B | 1.61B | 1.58B | 1.46B | 1.46B | 1.74B | 1.79B | 1.68B | 1.52B | 1.16B | 949.00M |
| Cost & Expenses | 47.21B | 55.79B | 40.61B | 22.44B | 31.66B | 31.90B | 25.08B | 19.19B | 21.89B | 41.68B | 40.53B | 36.37B | 32.98B | 25.13B |
| Interest Income | 0.00 | 405.00M | 425.00M | 436.00M | 425.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 386.00M | 405.00M | 425.00M | 436.00M | 425.00M | 431.00M | 510.00M | 480.00M | 443.00M | 349.00M | 309.00M | 295.00M | 259.00M | 258.00M |
| Depreciation & Amortization | 1.05B | 968.00M | 777.00M | 656.00M | 604.00M | 521.00M | 516.00M | 464.00M | 433.00M | 394.00M | 378.00M | 483.00M | 250.00M | 257.00M |
| EBITDA | 3.05B | 2.78B | 1.91B | -1.52B | 3.26B | 3.36B | 1.90B | 1.67B | 1.86B | 2.28B | 2.17B | 1.90B | 1.54B | 1.01B |
| EBITDA Ratio | 6.26% | 3.03% | 4.11% | 5.35% | 7.19% | 7.42% | 5.36% | 6.04% | 8.06% | 5.25% | 5.13% | 5.16% | 4.50% | 3.93% |
| Operating Income | 1.50B | 769.00M | 842.00M | 589.00M | 1.98B | 2.27B | 1.15B | 990.00M | 1.26B | 1.78B | 1.72B | 1.42B | 1.30B | 766.00M |
| Operating Income Ratio | 3.08% | 1.34% | 2.00% | 2.53% | 5.88% | 6.67% | 4.37% | 4.91% | 5.43% | 4.10% | 4.08% | 3.77% | 3.78% | 2.96% |
| Total Other Income/Expenses | 113.00M | 125.00M | -130.00M | -224.00M | 258.00M | 137.00M | -251.00M | -252.00M | -267.00M | -251.00M | -274.00M | -251.00M | -265.00M | -264.00M |
| Income Before Tax | 1.61B | 1.41B | 712.00M | -2.61B | 2.24B | 2.41B | 896.00M | 738.00M | 991.00M | 1.54B | 1.48B | 1.17B | 1.03B | 502.00M |
| Income Before Tax Ratio | 3.31% | 2.46% | 1.69% | -11.19% | 6.65% | 7.07% | 3.42% | 3.66% | 4.28% | 3.54% | 3.50% | 3.10% | 3.01% | 1.94% |
| Income Tax Expense | 189.00M | 246.00M | 112.00M | -167.00M | 176.00M | 302.00M | 937.00M | 78.00M | 182.00M | 212.00M | 106.00M | 55.00M | 45.00M | 1.00M |
| Net Income | 198.00M | 1.16B | 600.00M | -2.44B | 2.06B | 334.00M | -731.00M | 94.00M | 118.00M | 70.00M | 15.00M | 40.00M | 2.00M | 2.00M |
| Net Income Ratio | 0.41% | 2.03% | 1.43% | -10.48% | 6.12% | 0.98% | -2.79% | 0.47% | 0.51% | 0.16% | 0.04% | 0.11% | 0.01% | 0.01% |
| EPS | 1.02 | 5.99 | 3.09 | -13.12 | 12.27 | 1.18 | -5.04 | 0.94 | 1.41 | 1.28 | 0.27 | 0.83 | 0.04 | 0.04 |
| EPS Diluted | 1.02 | 5.99 | 3.09 | -9.92 | 12.13 | 1.18 | -5.04 | 0.94 | 1.41 | 1.25 | 0.27 | 0.16 | 0.01 | 0.01 |
| Weighted Avg Shares Out | 195.00M | 194.00M | 194.00M | 186.00M | 168.00M | 282.00M | 145.00M | 99.00M | 83.00M | 54.00M | 49.57M | 48.07M | 48.07M | 48.07M |
| Weighted Avg Shares Out (Dil) | 195.00M | 194.00M | 194.00M | 246.00M | 170.00M | 282.00M | 145.00M | 99.00M | 83.00M | 244.00M | 49.57M | 243.34M | 243.34M | 239.21M |
For $10,000 in Passive Income, Invest $10,000 in These 8 Dividend Stocks
Plains GP Holdings' Reinvigorated 1099 Distribution Is Backed By Ample Cash Flow
Very Good News For Energy Stocks
If I Could Only Own 4 Midstream Stocks, It Would Be These
Plains GP Holdings, L.P. (PAGP) Q4 2023 Earnings Call Transcript
Raymond James Analyst Shares Top Picks, Midstream Investment Opportunities
Plains GP Holdings: Solid Financials Supports 8% Dividend Yield
Plains GP Holdings: Steady As She Goes
Plains GP Holdings, L.P. (PAGP) Q3 2023 Earnings Call Transcript
5 Low Price-to-Sales Stocks Poised to Deliver Robust Value
Source: https://incomestatements.info
Category: Stock Reports