Plains GP Holdings LP (PAGP)

NASD · Energy · Oil & Gas Midstream · USA

Plains GP Holdings LP is a large cap company (market value between $10 billion and $200 billion) in the Oil & Gas Midstream industry.

Plains GP Holdings is a limited partnership that indirectly invests in Plains All American Pipeline, a crude oil midstream service provider operating across North America. The company owns and operates interconnected transportation, storage and terminal facilities serving producers and refiners in key producing regions and market hubs throughout the United States and Canada.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Plains GP Holdings LP stock.

Our verdict on PAGP

Slightly undervalued: intrinsic value $31.90 per share, market price $28.39, margin of safety 11.0% (as of 2026-10-30).

Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $31.90; the price of $28.39 is 11% below that value, and 81% of that value comes from beyond year five.

Leak Score: 69/100 on 10 of 12 signals (Faint Leak).

ETFs with the most weight in PAGP

16 more funds hold it; the full list is part of the paid plan.

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Is PAGP undervalued or overvalued?

PAGP is slightly undervalued (as of the 2026-10-30 close). Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $31.90; the price of $28.39 is 11% below that value, and 81% of that value comes from beyond year five.

What is the intrinsic value of PAGP?

$31.90 per share (as of the 2026-10-30 close), against a market price of $28.39. That is a margin of safety of 11.0%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Plains GP Holdings LP's Leak Score?

69 out of 100, which we rate "Faint Leak", on 10 of 12 value investing signals.