Plains GP Holdings LP reports results for the quarter ended March 31 - Earnings Summary

Plains GP Holdings LP

09/05/2025 23:01

Plains GP Holdings LP PAGP.OQ reported quarterly adjusted earnings of 42 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 21 cents.  The mean expectation of eight analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 29 cents to 69 cents per share.

Revenue rose 0.1% to $12.01 billion from a year ago; analysts expected $14.14 billion.

Plains GP Holdings LP's reported EPS for the quarter was 42 cents​.

The company reported quarterly net income of $84 million.

Plains GP Holdings LP shares had fallen by 14.6% this quarter and lost 0.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 24.9% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy"

Wall Street's median 12-month price target for Plains GP Holdings LP is $22.00

This summary was machine generated from LSEG data May 9 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.48
0.42
Missed
Dec. 31 2024
0.33
-0.05
Missed
Sep. 30 2024
0.29
0.17
Missed
Jun. 30 2024
0.29
0.20
Missed