Stock Taper 
| DATE | TYPE | RATIO |
|---|---|---|
| 2016-11-16 | Reverse | 3:8 |
Plains GP Holdings, L.P. owns and operates extensive midstream energy infrastructure in North America, providing transportation, storage, and processing services for crude oil and NGLs across pipelines, tanks, and logistics assets.
Plains GP Holdings, L.P. provides transportation, storage, and terminalling services for crude oil via pipelines and infrastructure, generating revenue mainly through fee-based contracts.
In a transformative move, Plains GP Holdings announced the sale of its natural gas liquids (NGL) business to Keyera Corp. for approximately $3.75 billion. This strategic divestiture repositions the company as a pure-play crude oil midstream entity, a move largely seen as positive by investors and analysts as it is expected to enhance financial flexibility and create a more durable cash flow stream.
In a significant strategic pivot, Plains GP Holdings announced the sale of its Canadian Natural Gas Liquids (NGL) business to Keyera Corp. for approximately $3.75 billion. This move sharpens the company's focus on its core U.S. crude oil pipeline and terminal operations and is coupled with a series of crude oil asset acquisitions to bolster its position in key basins like the Permian.
Chickasaw Capital Management LLC lessened its position in shares of Plains GP Holdings, L.P. (NYSE: PAGP) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,556,202 shares of the pipeline company's stock after selling 73,970 shares during the period. Plains GP
PAGP, TIGO, SHEL made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 7th, 2026.
HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced today their quarterly distributions with respect to the third quarter of 2026 and also announced timing of third quarter 2026 earnings.
LCUT, CVE, BP, DLTR and PAGP stand out with attractive EV-to-EBITDA ratios and strong earnings outlook.
Overall rating: A-
| PEER | PRICE | |
|---|---|---|
 WMB | $72.54 | COMPARE |
 EPD | $36.97 | COMPARE |
 TRGP | $289.88 | COMPARE |
 MPLX | $57.48 | COMPARE |
 OKE | $90.70 | COMPARE |
 WES | $46.17 | COMPARE |
 PAA | $24.59 | COMPARE |
 DTM | $123.80 | COMPARE |
