Is Plains GP Holdings LP (PAGP) overvalued? · P/E 27, rev $30.16B
Plains GP Holdings LP (PAGP) is a oil & gas midstream company listed on US.
This page asks whether Plains GP Holdings LP (PAGP) looks expensive on cached numbers — not a short thesis.
Latest reported PAGP revenue for 2026-06-30 was $30.16B. Net income was $408.0M. PAGP currently screens at market cap $4.52B and trailing P/E 26.6.
PAGP currently screens at market cap $4.52B and trailing P/E 26.6. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next PAGP 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the PAGP stock page for the full model, not this heading.
Not investment advice.