Plains Property Plant Equipment vs Common Stock Analysis

PAGP Stock

USD 18.07 0.21 1.15%

Plains GP financial indicator trend analysis is much more than just breaking down Plains GP Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plains GP Holdings is a good investment. Please check the relationship between Plains GP Property Plant Equipment and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains GP Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Property Plant Equipment vs Common Stock

Property Plant Equipment vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plains GP Holdings Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Plains GP's Property Plant Equipment and Common Stock is 0.75. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock in the same time period over historical financial statements of Plains GP Holdings, assuming nothing else is changed. The correlation between historical values of Plains GP's Property Plant Equipment and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Plains GP Holdings are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Plains GP's Property Plant Equipment and Common Stock go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Property Plant Equipment

Common Stock

Most indicators from Plains GP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plains GP Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains GP Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

At this time, Plains GP's Tax Provision is relatively stable compared to the past year. As of 05/17/2024, Sales General And Administrative To Revenue is likely to grow to 0.01, while Selling General Administrative is likely to drop slightly above 338.8 M.

	2022	2023	2024 (projected)
Interest Expense	405M	396M	425.9M
Depreciation And Amortization	968M	1.1B	615.9M

Interest Expense Depreciation And Amortization

Plains GP fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		-0.21	-0.39	0.3	-0.09	-0.34	0.09	-0.13	-0.41	0.1	0.18	-0.22	-0.38	-0.15	-0.35	0.18	0.1	-0.31	-0.33	-0.1	-0.47	-0.34	-0.18	0.03	-0.48	0.16
Total Assets	-0.21		0.66	-0.2	0.28	0.31	0.81	0.97	0.61	0.09	0.55	0.98	0.15	0.6	0.68	0.55	0.19	0.78	-0.55	0.2	0.49	0.89	0.91	0.2	-0.03	0.62
Short Long Term Debt Total	-0.39	0.66		-0.46	-0.22	0.26	0.31	0.67	0.99	-0.53	0.17	0.73	0.06	0.69	0.97	0.17	-0.44	0.95	-0.16	0.38	0.52	0.87	0.67	-0.35	0.27	-0.06
Other Current Liab	0.3	-0.2	-0.46		0.05	-0.66	0.05	-0.17	-0.48	0.24	0.35	-0.23	-0.01	-0.41	-0.45	0.35	0.21	-0.42	-0.27	-0.59	-0.76	-0.4	-0.07	0.13	-0.38	0.17
Total Current Liabilities	-0.09	0.28	-0.22	0.05		0.36	0.07	0.13	-0.28	0.86	0.58	0.11	0.04	0.03	-0.29	0.58	0.89	-0.2	0.02	-0.2	0.19	0.19	-0.02	0.96	0.28	0.6
Total Stockholder Equity	-0.34	0.31	0.26	-0.66	0.36		0.12	0.24	0.25	0.12	-0.09	0.28	-0.02	0.35	0.25	-0.09	0.17	0.27	0.07	0.3	0.91	0.42	0.04	0.2	0.44	0.16
Other Liab	0.09	0.81	0.31	0.05	0.07	0.12		0.88	0.27	0.08	0.37	0.81	-0.08	0.37	0.39	0.37	0.2	0.53	-0.74	0.12	0.22	0.56	0.78	0.09	-0.42	0.72
Property Plant And Equipment Net	-0.13	0.97	0.67	-0.17	0.13	0.24	0.88		0.63	-0.03	0.47	0.98	0.02	0.64	0.7	0.47	0.09	0.81	-0.63	0.24	0.43	0.87	0.92	0.06	-0.14	0.59
Net Debt	-0.41	0.61	0.99	-0.48	-0.28	0.25	0.27	0.63		-0.58	0.08	0.7	0.05	0.68	0.97	0.08	-0.5	0.95	-0.13	0.41	0.51	0.84	0.63	-0.41	0.26	-0.13
Accounts Payable	0.1	0.09	-0.53	0.24	0.86	0.12	0.08	-0.03	-0.58		0.47	-0.07	0.0	-0.22	-0.55	0.47	0.98	-0.46	-0.15	-0.5	-0.07	-0.12	-0.12	0.92	-0.15	0.61
Cash	0.18	0.55	0.17	0.35	0.58	-0.09	0.37	0.47	0.08	0.47		0.46	0.1	0.19	0.08	1.0	0.51	0.17	-0.41	-0.35	-0.05	0.4	0.43	0.57	0.02	0.71
Non Current Assets Total	-0.22	0.98	0.73	-0.23	0.11	0.28	0.81	0.98	0.7	-0.07	0.46		0.15	0.63	0.76	0.46	0.03	0.85	-0.57	0.25	0.5	0.9	0.94	0.02	-0.06	0.52
Non Currrent Assets Other	-0.38	0.15	0.06	-0.01	0.04	-0.02	-0.08	0.02	0.05	0.0	0.1	0.15		-0.4	-0.01	0.1	-0.07	-0.03	0.15	-0.03	0.07	-0.02	0.21	-0.02	0.29	0.05
Other Assets	-0.15	0.6	0.69	-0.41	0.03	0.35	0.37	0.64	0.68	-0.22	0.19	0.63	-0.4		0.77	0.19	-0.13	0.79	-0.24	0.38	0.56	0.8	0.55	-0.07	0.13	0.07
Long Term Debt	-0.35	0.68	0.97	-0.45	-0.29	0.25	0.39	0.7	0.97	-0.55	0.08	0.76	-0.01	0.77		0.08	-0.47	0.98	-0.19	0.45	0.53	0.87	0.7	-0.4	0.17	-0.08
Cash And Short Term Investments	0.18	0.55	0.17	0.35	0.58	-0.09	0.37	0.47	0.08	0.47	1.0	0.46	0.1	0.19	0.08		0.51	0.17	-0.41	-0.35	-0.05	0.4	0.43	0.57	0.02	0.71
Net Receivables	0.1	0.19	-0.44	0.21	0.89	0.17	0.2	0.09	-0.5	0.98	0.51	0.03	-0.07	-0.13	-0.47	0.51		-0.36	-0.22	-0.44	-0.02	-0.01	-0.04	0.94	-0.16	0.68
Non Current Liabilities Total	-0.31	0.78	0.95	-0.42	-0.2	0.27	0.53	0.81	0.95	-0.46	0.17	0.85	-0.03	0.79	0.98	0.17	-0.36		-0.31	0.43	0.54	0.92	0.78	-0.31	0.11	0.07
Inventory	-0.33	-0.55	-0.16	-0.27	0.02	0.07	-0.74	-0.63	-0.13	-0.15	-0.41	-0.57	0.15	-0.24	-0.19	-0.41	-0.22	-0.31		0.38	-0.02	-0.3	-0.61	0.03	0.72	-0.58
Other Current Assets	-0.1	0.2	0.38	-0.59	-0.2	0.3	0.12	0.24	0.41	-0.5	-0.35	0.25	-0.03	0.38	0.45	-0.35	-0.44	0.43	0.38		0.38	0.36	0.17	-0.24	0.46	-0.25
Other Stockholder Equity	-0.47	0.49	0.52	-0.76	0.19	0.91	0.22	0.43	0.51	-0.07	-0.05	0.5	0.07	0.56	0.53	-0.05	-0.02	0.54	-0.02	0.38		0.62	0.3	0.01	0.41	0.13
Total Liab	-0.34	0.89	0.87	-0.4	0.19	0.42	0.56	0.87	0.84	-0.12	0.4	0.9	-0.02	0.8	0.87	0.4	-0.01	0.92	-0.3	0.36	0.62		0.78	0.07	0.22	0.31
Property Plant And Equipment Gross	-0.18	0.91	0.67	-0.07	-0.02	0.04	0.78	0.92	0.63	-0.12	0.43	0.94	0.21	0.55	0.7	0.43	-0.04	0.78	-0.61	0.17	0.3	0.78		-0.07	-0.19	0.43
Total Current Assets	0.03	0.2	-0.35	0.13	0.96	0.2	0.09	0.06	-0.41	0.92	0.57	0.02	-0.02	-0.07	-0.4	0.57	0.94	-0.31	0.03	-0.24	0.01	0.07	-0.07		0.13	0.62
Short Term Debt	-0.48	-0.03	0.27	-0.38	0.28	0.44	-0.42	-0.14	0.26	-0.15	0.02	-0.06	0.29	0.13	0.17	0.02	-0.16	0.11	0.72	0.46	0.41	0.22	-0.19	0.13		-0.22
Intangible Assets	0.16	0.62	-0.06	0.17	0.6	0.16	0.72	0.59	-0.13	0.61	0.71	0.52	0.05	0.07	-0.08	0.71	0.68	0.07	-0.58	-0.25	0.13	0.31	0.43	0.62	-0.22

Click cells to compare fundamentals

Plains GP Account Relationship Matchups

Plains GP fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	282M	170M	246M	194M	195M	206.4M
Total Assets	28.7B	24.5B	28.6B	29.2B	28.6B	27.3B
Short Long Term Debt Total	9.6B	9.7B	8.7B	8.8B	8.1B	9.9B
Other Current Liab	828M	999M	601M	689M	4.9B	5.2B
Total Current Liabilities	5.0B	4.3B	6.2B	5.9B	5.0B	5.3B
Total Stockholder Equity	14.5B	11.2B	14.2B	14.6B	1.5B	1.5B
Other Liab	857M	807M	830M	892M	1.0B	626.3M
Property Plant And Equipment Net	15.8B	15.0B	15.3B	15.6B	16.1B	14.8B
Net Debt	9.5B	9.7B	8.3B	8.4B	7.6B	9.7B
Accounts Payable	3.7B	2.4B	4.8B	4.0B	3.8B	3.7B
Cash	40M	69M	47M	452M	453M	475.7M
Non Current Assets Total	24.1B	20.8B	22.5B	23.8B	23.7B	22.3B
Non Currrent Assets Other	741M	(170M)	49M	1.7B	1.6B	822.6M
Other Assets	2.6B	3.7B	3.5B	1.4B	1.6B	2.6B
Long Term Debt	9.2B	9.4B	8.4B	7.3B	7.3B	9.2B
Cash And Short Term Investments	40M	69M	47M	452M	453M	475.7M
Net Receivables	3.6B	2.6B	4.7B	3.9B	3.8B	3.5B
Liabilities And Stockholders Equity	15.6B	14.9B	18.6B	29.2B	28.6B	24.5B
Non Current Liabilities Total	10.5B	10.5B	9.6B	8.7B	8.6B	10.1B
Inventory	604M	647M	783M	729M	548M	681.0M
Other Current Assets	312M	405M	196M	318M	155M	147.3M
Other Stockholder Equity	12.3B	9.7B	12.6B	12.9B	(58M)	(55.1M)
Total Liab	15.5B	14.8B	15.8B	14.6B	13.6B	15.4B
Property Plant And Equipment Gross	19.0B	15.0B	15.3B	15.6B	21.5B	16.8B
Total Current Assets	4.6B	3.7B	6.1B	5.4B	4.9B	4.9B
Short Term Debt	504M	831M	822M	1.2B	515M	708.9M
Intangible Assets	707M	805M	2.0B	2.1B	1.9B	958.0M
Property Plant Equipment	15.5B	14.6B	15.3B	15.6B	17.9B	14.6B
Net Tangible Assets	11.9B	11.2B	1.5B	12.5B	14.4B	8.5B
Retained Earnings	(1.7B)	(844M)	60M	1.1B	1.3B	1.3B
Long Term Debt Total	9.2B	9.4B	8.4B	7.3B	6.6B	7.2B
Long Term Investments	3.7B	3.8B	3.8B	3.1B	2.8B	2.9B
Non Current Liabilities Other	1.3B	1.1B	830M	1.1B	1.0B	951.2M
Common Stock	2.2B	1.5B	1.5B	1.5B	1.5B	1.8B
Short Long Term Debt	504M	831M	822M	1.2B	446M	697.5M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Plains GP Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Plains Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Plains Gp Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Plains Gp Holdings Stock:

How To Invest In Plains

Details

Is Plains Stock a good investment?

Details

What is Plains GP's Net Worth?

Details

Largest Oil & Gas Midstream Companies

View

Largest Energy Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains GP Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Note that the Plains GP Holdings information on this page should be used as a complementary analysis to other Plains GP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Plains Stock analysis

When running Plains GP's price analysis, check to measure Plains GP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.

	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Technical Analysis Check basic technical indicators and analysis based on most latest market data

Is Plains GP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plains GP. If investors know Plains will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plains GP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.40)

Dividend Share

1.17

Earnings Share

0.87

Revenue Per Share

247.08

Quarterly Revenue Growth

(0.03)

The market value of Plains GP Holdings is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains GP's value that differs from its market value or its book value, called intrinsic value, which is Plains GP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plains GP's market value can be influenced by many factors that don't directly affect Plains GP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Plains GP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains GP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains GP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Plains Property Plant Equipment vs Common Stock Analysis

Property Plant Equipment vs Common Stock

Property Plant Equipment vs Common Stock Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Common Stock

Plains GP fundamental ratios Correlations

Plains GP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Plains GP fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Plains Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Net Receivables	+ 0.98	Accounts Payable
Non Current Liabilities Total	+ 0.98	Long Term Debt

Other Stockholder Equity	- 0.76	Other Current Liab
Inventory	- 0.74	Other Liab
Total Stockholder Equity	- 0.66	Other Current Liab
Inventory	- 0.63	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.61	Inventory
Other Current Assets	- 0.59	Other Current Liab