| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
3,900 |
| Revenues (TTM) (Millions $) |
55,901 |
| Net Income (TTM) (Millions $) |
2,513 |
| Cash Flow (TTM) (Millions $) |
-1,009 |
| Capital Exp. (TTM) (Millions $) |
555 |
Business Description
Plains GP Holdings LP is a publicly traded master limited partnership that owns and operates a network of pipeline transportation, storage, and marketing assets for crude oil, natural gas liquids, refined products, and water in the United States and Canada. The company was founded in 2013 and is headquartered in Houston, Texas.
Plains GP Holdings LP operates through three segments - Transportation, Facilities, and Supply and Logistics. The Transportation segment operations include transportation of crude oil and natural gas liquids from production areas to refineries and other downstream destinations through a network of pipelines, trucking fleets, and terminals. The Facilities segment operations include storage, terminalling, and throughput services for crude oil, natural gas liquids, and refined products. The Supply and Logistics segment operations include buying, selling, and transporting crude oil, natural gas liquids, and refined products.
Plains GP Holdings LP operates a vast network of assets, including over 6,100 miles of crude oil and natural gas liquids pipelines, over 20 million barrels of storage capacity, and numerous trucking fleets and terminals. The company also has a significant presence in major U.S. shale plays, including the Permian, Eagle Ford, and Bakken.
Moreover, Plains GP Holdings LP has a diversified customer base that includes major oil and gas producers, refiners, marketers, and end-users. These customers rely on Plains GP's extensive network of assets to transport, store, and distribute their products safely and efficiently.
In terms of financials, Plains GP Holdings LP has a market capitalization of around $3.8 billion and generated revenue of $30.6 billion in 2020. The company reported a net income of $1.3 billion in the same year.
Overall, Plains GP Holdings LP is a leading midstream energy company that operates a significant network of assets in the U.S. and Canada. The company's presence in major shale plays and diversified customer base provides it with a competitive advantage in the energy industry.
Company Address: 333 Clay Street Houston 77002 TX
Company Phone Number: 646-4100 Stock Exchange / Ticker: NASDAQ PAGP
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