Plains Group Holdings, L.P. Class A Shares representing limited partner interests (PAGP) Company Bio
Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids, natural gas, and refined products in the United States and Canada. The company operates through three segments: Transportation, Facilities, and Supply and Logistics. The company was founded in 2013 and is based in Houston, Texas.
PAGP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Plains Gp Holdings Lp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Plains Gp Holdings Lp ranked in the 94th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 3609.83%. As for the metrics that stood out in our discounted cash flow analysis of Plains Gp Holdings Lp, consider:
13% of the company's capital comes from equity, which is greater than just 5.13% of stocks in our cash flow based forecasting set.
Plains Gp Holdings Lp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 0. This coverage rate is greater than that of just 23.55% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Plains Gp Holdings Lp experienced a tax rate of about 100% over the past twelve months; relative to its sector (Energy), this tax rate is higher than 97.28% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Plains Gp Holdings Lp? See ENBL, BPMP, MRC, NEX, and WMB.
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced they will release second-quarter 2020 earnings after market close on Tuesday, August 4, 2020 and will hold a joint webcast on the same day as follows:
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Moody's Investors Service, ("Moody's") assigned a Ba1 rating to Plains All American Pipeline L.P.'s (Plains) proposed senior unsecured notes. Plains' announced unsecured debt issuance will be used to partially repay the principal amounts of its $600 million 5.00% senior notes due in 2021 and, pending such repayment, for general partnership purposes. "This notes offering would be debt neutral for Plains," said Arvinder Saluja, Moody's Vice President.