PLAINS GP HOLDINGS LP
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
About Plains Gp Holdings Lp
Pipe Lines (No Natural Gas), SIC 4610
Plains GP Holdings LP operates within the midstream energy sector, managing operations primarily through its interests in pipeline and terminal assets. The partnership conducts its business via two primary operating segments: Crude Oil and Natural Gas Liquids (NGL). Its primary operations encompass pipeline transportation, terminalling, storage, fractionation, and product sales for crude oil and natural gas liquids. The partnership serves various energy sector participants, including oil and gas producers, refiners, and downstream wholesale marketers requiring logistics and takeaway solutions.
The partnership's operational footprint encompasses an extensive network of gathering lines, long-haul pipelines, and terminal complexes across North America, with significant operational scale centered in the Permian Basin and Delaware Basin. Its infrastructure network integrates critical systems such as the BridgeTex, Cactus II, Capline, and Red River pipeline systems alongside storage and fractionation facilities. Plains GP Holdings LP coordinates its transportation logistics network across key North American production and delivery hubs.
Summary of the business section of Plains Gp Holdings Lp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PLAINS GP HOLDINGS LP
- Headquarters
- Houston, TX
- Address
- 333 Clay St, Suite 1600 77002
- Phone
- (713) 646-4100
- Website
- paalp.com
- Employees
- 3,900, Dec 31, 2025
- Industry
- Pipe Lines (No Natural Gas)
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Houston, Texas
Stock & identifiers
- Ticker
- PAGP
- Exchange
- Nasdaq
- IPO date
- Oct 16, 2013
- Shares outstanding
- 198M, Jul 31, 2026
- Public float
- $3.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-2.67 reverse, Nov 16, 2016
- SEC CIK
- 1581990
- CUSIP
- 72651A207
- ISIN
- US72651A2078
- LEI
- 549300O56BSKRD8FAM12
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Russell Lee Montgomery | VP, Acctg & CAO | 1,970 |
| Gary R. Petersen | Director | 75,544 |
| Bobby S. Shackouls | Director | 85,307 |
| Ellen DeSanctis | Director | 44,500 |
| Kevin S. McCarthy | Director | 156,091 |
| Alexandra Pruner | Director | 88,294 |
| Victor Burk | Director | 50,323 |
| Cindy B. Taylor | Director | 0 |
| Lawrence Michael Ziemba | Director | 95,180 |
| John T. Raymond | Director | 130,316,475 |
| Greg L. Armstrong | Director | 12,800,398 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Willie Chiang | $12.30M | $18.63M | $6.77M | $321 | $291 |
| FY2024 Willie Chiang | $8.51M | $11.89M | $3.17M | $280 | $277 |
| FY2023 Willie Chiang | $7.45M | $16.43M | $2.95M | $231 | $192 |
| FY2022 Willie Chiang | $8.30M | $14.46M | $4.39M | $166 | $168 |
| FY2021 Willie Chiang | $4.39M | $4.79M | $2.15M | $122 | $138 |
| FY2020 Willie Chiang | $4.29M | $2.40M | $1.96M | $49 | $77 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, GP LLC and PMC ULC employed approximately 3,900 people in North America, of which approximately 2,800 were employed in the U.S.”
Corporate history
Events identified from SEC filings