NASDAQ$PAGP

Plains GP Holdings LP · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

PAGP Q1 2024 — n/d revenue

The results of operations for the three months ended March 31, 2024 should not be taken as indicative of results to be expected for the entire year. Plains GP Holdings LP reported Q1 2024 results. Net income of $336.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Net income: $336.0M.
  • Operating income: $369.
  • Filed on Form 10-Q (accession 0001581990-24-000014).

Headline financials

Total Revenue

$12B

Previous: $12.3B-2.8%
EPS (adj)

$0.21

Previous: $0.41-48.8%
Capital Expenditures

-$157M

Previous: -$122M-28.7%
Free Cash Flow

-$115M

Previous: -$53M-117.0%
Net Income

$42M

Previous: $69M-39.1%
Operating Income

$369M

Previous: $471M-21.7%
Gross Profit

$1.08B

Previous: $1.02B+5.9%

Revenue & EPS history

Plains GP · Revenue · Quarterly

$12B

Q1 2024-2.8%vs Q1 2023
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-2.3%

Avg return

Earnings day

-0.9%

Avg return

5 days after

+1.7%

Avg return

30 days after

37%

19 / 51 earnings

Positive

+8.8%

Q3 2017

Best reaction

-29.1%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-0.6%+3.5%
Q4 2025-2.3%-0.0%+12.3%
Q3 2025-0.9%+1.7%+8.9%
Q2 2025-0.3%-1.1%-4.5%
Q1 2025-2.7%+2.1%+1.8%
Q4 2024-1.8%-2.0%-2.0%
Q3 2024-2.7%-4.6%+4.0%
Q2 2024-5.6%-3.7%+1.1%
Q1 2024+1.7%+2.5%-0.3%
Q4 2023+2.6%+1.9%+8.5%
Q3 2023-0.5%-3.8%-0.3%
Q2 2023+2.2%+2.0%+5.2%
Q1 2023+3.5%+4.1%+10.6%
Q4 2022-1.2%+1.6%+1.0%
Q3 2022+1.0%+2.1%+0.8%
Q2 2022+2.2%+2.0%+11.2%
Q1 2022+0.4%-6.4%+7.3%
Q4 2021-9.4%-7.0%-7.3%
Q3 2021-0.7%+0.6%-10.8%
Q2 2021-2.2%+0.0%-1.0%
Q1 2021-1.2%+1.6%+23.6%
Q4 2020-10.1%-9.7%+2.1%
Q3 2020+5.2%+4.9%+31.0%
Q2 2020-2.3%+1.8%-12.5%
Q1 2020-6.7%+1.1%+29.7%
Q4 2019+4.1%-0.2%-18.8%
Q3 2019-2.3%-5.9%-12.7%
Q2 2019-1.7%-3.2%-4.0%
Q1 2019+1.9%+3.2%-1.2%
Q4 2018+0.4%-0.4%+2.9%
Q3 2018+1.5%-2.6%-5.5%
Q2 2018+3.2%+5.6%-1.4%
Q1 2018-1.6%-4.4%-1.2%
Q4 2017+6.8%+5.5%+6.0%
Q3 2017+8.8%+6.5%+0.3%
Q2 2017-19.9%-19.7%-13.5%
Q1 2017-6.2%-4.9%-11.3%
Q4 2016-4.0%-6.3%-8.6%
Q3 2016-4.6%-3.6%+3.6%
Q2 2016+4.6%+4.9%+9.7%
Q1 2016+4.4%
Q4 2015-29.1%
Q3 2015-21.7%
Q2 2015-24.1%
Q1 2015-5.0%
Q4 2014-0.2%
Q3 2014-1.5%
Q2 2014-1.0%
Q1 2014-0.3%
Q4 2013+0.3%
Q3 2013+1.1%
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro