Has The Plains GP Holdings (PAGP) Rally Left Further Upside On The Table?

Simply Wall St.

Yesterday

Wondering if Plains GP Holdings at around US$21.59 is offering solid value today, or if the easy money has already been made? This article walks through what the current price really implies. The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2612467718"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2612467718\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2612467718?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/9551704-choice2-main-header/1585186816500","is_english":true,"pubTime":"2026-02-18 04:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2612467718","market":"sg","top_or_hot":-1,"title":"Has The Plains GP Holdings (PAGP) Rally Left Further Upside On The Table?","media":"Simply Wall St.","content":"<div>\n<p>Wondering if Plains GP Holdings at around US$21.59 is offering solid value today, or if the easy money has already been made? This article walks through what the current price really implies. The ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/energy/nasdaq-pagp/plains-gp-holdings/news/has-the-plains-gp-holdings-pagp-rally-left-further-upside-on\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Has The Plains GP Holdings (PAGP) Rally Left Further Upside On The Table?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHas The Plains GP Holdings (PAGP) Rally Left Further Upside On The Table?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-18 04:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/energy/nasdaq-pagp/plains-gp-holdings/news/has-the-plains-gp-holdings-pagp-rally-left-further-upside-on><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wondering if Plains GP Holdings at around US$21.59 is offering solid value today, or if the easy money has already been made? This article walks through what the current price really implies. The ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/energy/nasdaq-pagp/plains-gp-holdings/news/has-the-plains-gp-holdings-pagp-rally-left-further-upside-on\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PAGP","symbol_name":"Plains Group Holdings LP","start_time":0,"source_url":"https://simplywall.st/stocks/us/energy/nasdaq-pagp/plains-gp-holdings/news/has-the-plains-gp-holdings-pagp-rally-left-further-upside-on","article_id":"2612467718","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/9551704-choice2-main-header/1585186816500"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/energy/nasdaq-pagp/plains-gp-holdings/news/has-the-plains-gp-holdings-pagp-rally-left-further-upside-on","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2612467718","pubTimestamp":1771359737,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Wondering if Plains GP Holdings at around US$21.59 is offering solid value today, or if the easy money has already been made? This article walks through what the current price really implies.\nThe stock has posted returns of 3.4% over the past week, 5.1% over the past month, 11.2% year to date and 8.6% over the last year, with a very large 3 year return and a 259.0% return over 5 years that may be catching more investor attention.\nRecent coverage has focused on Plains GP Holdings as an energy...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"PAGP":"Plains Group Holdings LP","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","BK4149":"建筑机械与重型卡车","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","GP":"GreenPower Motor Company Inc.","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4144":"石油与天然气的储存和运输","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","DCF":"Dreyfus Alcentra Global Credit Income 2024 Target Term Fund, Inc"},"translate_title":"Plains GP Holdings(PAGP)的上涨是否留下了进一步的上涨空间？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DCF":1,"PAGP":1.5,"GP":1.5},"content_text":"Wondering if Plains GP Holdings at around US$21.59 is offering solid value today, or if the easy money has already been made? This article walks through what the current price really implies. The stock has posted returns of 3.4% over the past week, 5.1% over the past month, 11.2% year to date and 8.6% over the last year, with a very large 3 year return and a 259.0% return over 5 years that may be catching more investor attention. Recent coverage has focused on Plains GP Holdings as an energy infrastructure name, with investors weighing its role in the broader US energy supply chain and how that position is reflected in the current share price. Commentary has also highlighted how the share price performance over multi year periods compares with other energy names, which helps frame whether current expectations look stretched or conservative. On our checks, Plains GP Holdings currently has a valuation score of 5 out of 6, suggesting the stock screens as undervalued on most of our measures. Next we will walk through these valuation approaches before finishing with a different way to think about what the market is pricing in.  Find out why Plains GP Holdings's 8.6% return over the last year is lagging behind its peers. AdvertisementApproach 1: Plains GP Holdings Discounted Cash Flow (DCF) Analysis A Discounted Cash Flow, or DCF, model takes the cash Plains GP Holdings is expected to generate in the future, then discounts those projected cash flows back into today’s dollars to estimate what the business could be worth now. For Plains GP Holdings, the model used is a 2 Stage Free Cash Flow to Equity approach. The company’s last twelve months free cash flow is about $2.25b. Analysts provide explicit forecasts for the next few years and Simply Wall St extrapolates beyond that, with projected free cash flow reaching about $2.21b in 2035. These yearly estimates, such as $1.60b in 2026 and $1.89b in 2030, are each discounted back to today using a required return to reflect risk and the time value of money. Adding all discounted cash flows together, the DCF implies an estimated intrinsic value of about $118.62 per share. Compared with the current share price of roughly $21.59, the model suggests the stock is about 81.8% undervalued on this basis. Result: UNDERVALUED Our Discounted Cash Flow (DCF) analysis suggests Plains GP Holdings is undervalued by 81.8%. Track this in your watchlist or portfolio, or discover 55 more high quality undervalued stocks. PAGP Discounted Cash Flow as at Feb 2026 Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Plains GP Holdings. Approach 2: Plains GP Holdings Price vs Sales For companies where revenue is a key reference point, the P/S ratio can be a useful way to think about what you are paying for each dollar of sales, especially when earnings can be affected by non cash items or short term swings. In general, higher expected growth and lower perceived risk can justify a higher “normal” or “fair” P/S multiple, while slower expected growth or higher risk can point to a lower one. So looking at P/S in isolation is rarely enough. Plains GP Holdings currently trades on a P/S ratio of 0.10x, compared with an Oil and Gas industry average of 1.68x and a peer group average of 6.16x. Simply Wall St’s Fair Ratio for the stock is 0.59x. This is the P/S multiple it estimates would be reasonable after accounting for factors such as earnings growth profile, industry, profit margins, market cap and specific risk characteristics. This Fair Ratio framework can be more tailored than a simple comparison with peers or the broad industry because it adjusts for differences in growth, risk and profitability rather than assuming all companies deserve similar multiples. On this basis, Plains GP Holdings P/S of 0.10x sits below the 0.59x Fair Ratio, which points to the shares screening as undervalued on this metric. Result: UNDERVALUED NasdaqGS:PAGP P/S Ratio as at Feb 2026 P/S ratios tell one story, but what if the real opportunity lies elsewhere? Start investing in legacies, not executives. Discover our 23 top founder-led companies. Upgrade Your Decision Making: Choose your Plains GP Holdings Narrative Earlier we mentioned that there is an even better way to understand valuation, so let us introduce you to Narratives. These are simply your story about Plains GP Holdings linked directly to your own forecast and fair value. On Simply Wall St’s Community page you can see different Narratives side by side. For example, there is an optimistic view that ties a US$26.00 fair value to assumptions of revenue rising to US$57.9b and earnings of US$339.9m by 2028 on a P/E of 23.8x. There is also a more cautious view that ties a US$16.50 to US$17.50 fair value range to revenue of about US$44.8b and earnings of US$225.6m on a lower future P/E. You can then compare each Fair Value with today’s market price to decide whether the stock looks expensive or cheap against the story you believe, with the platform automatically updating those Narratives as new news, earnings or analyst numbers are added. For Plains GP Holdings however, we’ll make it really easy for you with previews of two leading Plains GP Holdings narratives: 🐂 Plains GP Holdings Bull Case Fair value in this bullish narrative: US$26.00 Implied discount to this fair value at the last close of US$21.59: about 16.9% undervalued, using ((26.00 minus 21.59) divided by 26.00) Revenue growth assumption: 4.95% per year  Views Plains GP Holdings as well positioned in the Permian and Eagle Ford, with integration, tariff flexibility and more fee based contracts supporting higher quality earnings and potential margin expansion. Sees regulatory barriers and stronger credit ratings as supportive of the existing network, with room for targeted acquisitions or capital returns, while also flagging risks from oil exposure, geographic concentration and higher capital needs. To line up with this view, you would need to be comfortable with revenue of about US$57.9b and earnings of US$339.9m by 2028 and a future P/E of 23.8x, using a 10.0% discount rate.  🐻 Plains GP Holdings Bear Case Fair value in this more cautious narrative: about US$20.85 Implied premium to this fair value at the last close of US$21.59: about 3.6% overvalued, using ((21.59 minus 20.85) divided by 20.85) Revenue growth assumption: 0.83% per year  Frames Plains GP Holdings as a more focused crude oil midstream business after NGL divestitures, with fee based contracts, Permian projects and balance sheet work supporting steadier cash flows. Highlights that this focus increases exposure to crude demand and regulatory trends, with potential pressure on margins, contract renewals and returns if growth or policy shifts do not play out as expected. To agree with this stance, you would be working with revenue of about US$49.0b and earnings of US$417.5m by 2028 and a future P/E of 16.1x on those earnings, discounted at 10.31%.  Both narratives use the same raw data set but tell different stories about risk, required P/E and fair value. Lining up your own expectations for volumes, margins and capital spending with either preview is a useful way to decide whether Plains GP Holdings looks closer to an opportunity or a name that already prices in a lot of good news at around US$21.59. Do you think there's more to the story for Plains GP Holdings? Head over to our Community to see what others are saying! NasdaqGS:PAGP 1-Year Stock Price Chart  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}