Plains GP Holdings LP (PAGP)

This page provides access to financial disclosures and SEC filings for Plains GP Holdings, L.P. (PAGP), including Forms 10-K, 10-Q, and 8-K. Users can review investor presentations, earnings call transcripts, and detailed reports to evaluate the company's financial performance and operational updates. The information is organized by year, offering a historical overview of PAGP's disclosures.

Plains GP Holdings (PAGP) released strong Q2 2026 earnings, reporting increased sales and net income, and has seen a significant share price return over the past year. Despite this, a common valuation narrative suggests the stock is 8.9% overvalued at $26.30, with a fair value of $24.14, partly due to anticipated benefits from the NGL segment divestiture. However, the company's P/S ratio is notably low compared to peers, indicating the market might be pricing in considerable business risk.

Plains GP Holdings LP director Lawrence Michael Ziemba reported recent transactions involving Phantom Class A Shares. On August 14, 2026, Ziemba converted 7,400 Phantom Class A Shares into Class A Shares, and on August 13, 2026, he was granted 6,150 new Phantom Class A Shares under the company's Long-Term Incentive Plan. After these transactions, Ziemba directly owns 95,180 Class A Shares and retains 6,150 Phantom Class A Shares, with the newly granted phantom shares vesting upon termination of his directorship.

John T. Raymond, a director at Plains GP Holdings LP (PAGP), acquired 7,400 Class A shares by exercising Phantom Class A shares on August 14, 2026, increasing his direct Class A holdings to 322,794 shares. Additionally, he was granted 6,150 Phantom Class A shares on August 13, 2026, under a Long-Term Incentive Plan, which will convert to Class A shares upon vesting and include dividend equivalent rights. No sales of Class A shares were reported in these transactions.

Plains GP director Lawrence Michael Ziemba reported insider transactions, exercising 7,400 Phantom Class A shares into Class A shares and receiving a new grant of 6,150 Phantom Class A shares. Following these transactions, his direct holdings of Class A shares increased to 95,180. The new phantom grant is part of a Long-Term Incentive Plan with vesting tied to termination of service and includes dividend equivalent rights.