Plains GP Holdings

About Plains GP Holdings

Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services primarily for crude oil, natural gas liquids and natural gas through its indirect investment in Plains All American Pipeline, L.P. The firm operates through the following segments: Transportation, Facilities and Supply and Logistics. The Transportation segment consists of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The Facilities segment consists of fee-based activities associated with providing storage, terminalling and throughput services primarily for crude oil, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment consists of storage of inventory during contango market conditions and the seasonal storage of NGL, purchase of NGL from producers, refiners, processors and other marketers, extraction of NGL from gas processed at the facilities. The company was founded in July 2013 and is headquartered in Houston, TX.

Founded

2013

CEO

Mr. Wilfred C.W. Chiang

Employees

3,900

Headquarters

Houston, Texas, United States of America

Fiscal year end

12-31

Website

plains.com

Company profile

Exchange

US

Symbol

PAGP

Market-cap rank

#1912

Listing date

1970-01-01

Market cap

5.19B

Float cap

5.04B

Shares out

197.90M

Float shares

192.12M

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