Plains GP Holdings, L.P.

NasdaqGS:PAGP Stock Report

Market Cap: US$4.2b

Plains GP Holdings Management

Management criteria checks 4/4

Plains GP Holdings' CEO is Willie Chiang, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is $7.45M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $8.13M. The average tenure of the management team and the board of directors is 6.2 years and 7.8 years respectively.

Key information

Willie Chiang

Chief executive officer

US$7.5m

Total compensation

CEO salary percentage10.7%
CEO tenure6.2yrs
CEO ownership0.2%
Management average tenure6.2yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

Plains GP Holdings' Reinvigorated 1099 Distribution Is Backed By Ample Cash Flow

Apr 30

Plains GP Holdings declares $0.2175 dividend

Oct 10

Plains GP Holdings declares $0.2175 dividend

Jul 08

Plains GP Holdings: Cash-Generating Engine Firing Up, Higher Distributions To Follow

Sep 25

Plains GP Holdings: The Oil Price Recovery Foretells Higher Earnings And Distributions On The Horizon

Jul 13

Plains GP Holdings EPS beats by $0.02, beats on revenue

May 04

CEO Compensation Analysis

How has Willie Chiang's remuneration changed compared to Plains GP Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$166m

Jun 30 2024n/an/a

US$162m

Mar 31 2024n/an/a

US$171m

Dec 31 2023US$7mUS$800k

US$198m

Sep 30 2023n/an/a

US$190m

Jun 30 2023n/an/a

US$232m

Mar 31 2023n/an/a

US$215m

Dec 31 2022US$8mUS$750k

US$168m

Sep 30 2022n/an/a

US$208m

Jun 30 2022n/an/a

US$112m

Mar 31 2022n/an/a

US$12m

Dec 31 2021US$4mUS$600k

US$60m

Sep 30 2021n/an/a

-US$44m

Jun 30 2021n/an/a

-US$2m

Mar 31 2021n/an/a

US$83m

Dec 31 2020US$4mUS$600k

-US$568m

Sep 30 2020n/an/a

-US$500m

Jun 30 2020n/an/a

-US$447m

Mar 31 2020n/an/a

-US$397m

Dec 31 2019US$4mUS$600k

US$331m

Sep 30 2019n/an/a

US$463m

Jun 30 2019n/an/a

US$503m

Mar 31 2019n/an/a

US$444m

Dec 31 2018n/an/a

US$334m

Sep 30 2018n/an/a

-US$646m

Jun 30 2018n/an/a

-US$752m

Mar 31 2018n/an/a

-US$735m

Dec 31 2017US$3mUS$325k

-US$731m

Compensation vs Market: Willie's total compensation ($USD7.45M) is about average for companies of similar size in the US market ($USD6.65M).

Compensation vs Earnings: Willie's compensation has been consistent with company performance over the past year.

CEO

Willie Chiang (63 yo)

6.2yrs

Tenure

US$7,453,919

Compensation

Mr. Wilfred C.W. Chiang, also known as Willie, serves as Chief Executive Officer of PAA GP Holdings LLC, a General Partner of Plains GP Holdings, L.P. since October 2018 and also serves as its Chairman of...

Leadership Team

NamePositionTenureCompensationOwnership
Wilfred Chiang
Chairman & CEO of PAA GP Holdings LLC6.2yrsUS$7.45m0.19%
$ 8.1m
Harry Pefanis
President & Director of PAA GP Holdings LLC11.4yrsUS$2.05m0.56%
$ 23.8m
Al Swanson
Executive VP & CFO of PAA GP Holdings LLC11.4yrsUS$2.90m0.68%
$ 29.0m
Chris Chandler
Executive VP & COO of PAA GP Holdings LLC5.8yrsUS$3.45mno data
Richard McGee
Executive VP11.4yrsUS$2.90mno data
Jeremy Goebel
Executive VP & Chief Commercial Officer of PAA GP Holdings LLC5.8yrsUS$3.45m0.00067%
$ 28.4k
Chris Herbold
Senior VP of Finance & Chief Accounting Officer of PAA GP Holdings LLC11.4yrsno datano data
Roy Lamoreaux
Vice Presidentno datano datano data
Brad Leone
Director of Communications for PAA GP Holdings LLCno datano datano data
Dwayne Koehn
Senior Vice President of Operations of PAA GP Holdings LLC1.9yrsno datano data
Constantine Liollio
Senior Vice President of Special Projectsless than a yearno datano data
Sharon Spurlin
Senior VP & Treasurerno datano datano data

6.2yrs

Average Tenure

59yo

Average Age

Experienced Management: PAGP's management team is seasoned and experienced (6.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Wilfred Chiang
Chairman & CEO of PAA GP Holdings LLC7.8yrsUS$7.45m0.19%
$ 8.1m
Harry Pefanis
President & Director of PAA GP Holdings LLC7.8yrsUS$2.05m0.56%
$ 23.8m
Bobby Shackouls
Lead Independent Director of PAA GP Holdings LLC10.9yrsUS$290.50k0.027%
$ 1.2m
Gregory Armstrong
Director of PAA GP Holdings LLC11.9yrsUS$265.84k0.94%
$ 40.0m
Ellen DeSanctis
Independent Director of PAA GP Holdings LLC2.3yrsUS$255.50k0.015%
$ 631.9k
Gary Petersen
Independent Director of PAA GP Holdings LLC8.1yrsUS$240.50k0.025%
$ 1.0m
John Raymond
Independent Director of PAA GP Holdings LLC11.2yrsUS$255.50k0.15%
$ 6.3m
Kevin McCarthy
Independent Director of PAA GP Holdings LLC4.2yrsUS$240.50k0.065%
$ 2.8m
Alexandra D. Pruner
Independent Director of PAA GP Holdings LLC6yrsUS$255.50k0.031%
$ 1.3m
Victor Burk
Independent Director of PAA GP Holdings LLC10.9yrsUS$270.50k0.012%
$ 501.8k
Lawrence Ziemba
Independent Director of PAA GP Holdings LLC4.9yrsUS$270.50k0.035%
$ 1.5m

7.8yrs

Average Tenure

67yo

Average Age

Experienced Board: PAGP's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 01:02
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Plains GP Holdings, L.P. is covered by 38 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ethan BellamyBaird
Richard GrossBarclays
Theresa ChenBarclays