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Plains GP Holdings, L.p. (PAGP) is an energy company in the raw oil transport and holding industry, based in Houston, United States.
It reported revenue of $44.26 billion for fiscal year 2025, down 11.6% from fiscal year 2024, and net income of $260.00 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $17.69 billion, up 66.3% from a year before. Its largest business segment, Crude Oil, brought in 100% of segment revenue in fiscal year 2025; United States was the largest region with 90%. Its market capitalization was $6.20 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments. The company engages in the gathering and transporting crude oil using pipelines, trucks, and barges or railcars. It also provides terminalling, storage, and other related services.
Plains GP Holdings reported $44.26 billion in revenue for fiscal year 2025, down 11.6% from $50.07 billion in fiscal year 2024. In Q2 2026 revenue was $17.69 billion.
Crude Oil, with $44.13 billion or 100% of segment revenue in fiscal year 2025. Next: NGL (under 1%).
United States: 90% of revenue by region in fiscal year 2025, followed by Canada (10%).
$6.20 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (raw oil transport and holding) include Enbridge Inc. (ENB), Plains All American Pipeline, L.p. (PAA), South Bow Corporation (SOBO).