
Plains GP (PAGP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Plains GP Holdings, LP owns and operates midstream power infrastructure in the United States and Canada. The company is headquartered in Houston, Texas.
| Revenue (TTM) | $52.30B |
| Gross Profit (TTM) | $2.90B |
| EBITDA | $2.57B |
| Operating Margin | 2.77% |
| Return on Equity | 8.31% |
| Return on Assets | 3.42% |
| Revenue/Share (TTM) | $264.17 |
| Book Value | $7.98 |
| Price-to-Book | 3.34 |
| Price-to-Sales (TTM) | 0.12 |
| EV/Revenue | 0.246 |
| EV/EBITDA | 4.30 |
| Quarterly Earnings Growth (YoY) | 1210.00% |
| Quarterly Revenue Growth (YoY) | 66.30% |
| Shares Outstanding | $197.90M |
| Float | $192.12M |
| % Insiders | 2.77% |
| % Institutions | 85.26% |
Volatility is currently contracting

Plains GP (PAGP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Here is how Plains GP Holdings (PAGP) and APA (APA) have performed compared to their sector so far this year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Plains GP Holdings offers a 6% yield, no K-1, and is IRA-friendly, making it attractive for retirement accounts seeking midstream exposure. After divesting its NGL business, PAGP is now a pure-play crude oil midstream operator with 85% of 2026 EBITDA fee-based and predictable. Leverage has improved to 3.3x, dividend coverage is strong at 1.6x, and annual payout increases are planned until coverage reaches 1.5x.

Plains GP Holdings earns a Strong Buy rating, with a fair value target of $33.40 per share—19% above current levels. Leverage has dropped sharply to 3.3x adjusted EBITDA, while Permian volume growth and rising distributions support further upside. PAGP's yield compression lags its improved balance sheet; a move to a 5.00% yield could drive a total return near 25% in one year.

This week is a payday cluster. Ten names in this coverage list all go ex-dividend between Tuesday, July 28 and Friday, July 31, 2026, which means the window to buy in and still capture the upcoming payment is short.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on PAGP and any ticker you trade — then tracks every position and per-strategy win rate.