Plains GP Holdings LP (PAGP) financial health

PAGP: slightly undervalued.

Figures as of the 2026-09-22 close.

How much debt does Plains GP Holdings LP have?

Plains GP Holdings LP carries debt worth 5.47 times its shareholders' equity, a heavy load. Its current assets cover its short-term liabilities 1.12 times.

Is Plains GP Holdings LP at risk of bankruptcy?

We do not compute an Altman Z-Score for PAGP: its latest annual report lacks a figure the formula needs, and we would rather say so than estimate it.

How strong are Plains GP Holdings LP's finances?

It passes 5 of the 8 Piotroski F-Score tests we could evaluate, out of nine, which checks whether profitability, leverage and efficiency improved from one annual report to the next. Which tests it passes, and the red flags in its accounts, are in the full analysis.