Plains GP (PAGP) Revenue & Revenue Breakdown

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Plains GP Revenue Highlights

Latest Revenue (Y)

$48.71B

Latest Revenue (Q)

$12.74B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Plains GP Revenue by Period

Plains GP Revenue by Year

Date	Revenue	Change
2023-12-31	$48.71B	-15.05%
2022-12-31	$57.34B	36.39%
2021-12-31	$42.04B	80.52%
2020-12-31	$23.29B	-30.83%
2019-12-31	$33.67B	-1.13%
2018-12-31	$34.05B	29.87%
2017-12-31	$26.22B	29.93%
2016-12-31	$20.18B	-12.83%
2015-12-31	$23.15B	-46.73%
2014-12-31	$43.46B	2.88%
2013-12-31	$42.25B	11.78%
2012-12-31	$37.80B	10.28%
2011-12-31	$34.27B	32.37%
2010-12-31	$25.89B	-

Plains GP generated $48.71B in revenue during NA 2023, up -15.05% compared to the previous quarter, and up 143.04% compared to the same period a year ago.

Plains GP Revenue by Quarter

Date	Revenue	Change
2024-09-30	$12.74B	-1.86%
2024-06-30	$12.98B	6.71%
2024-03-31	$12.17B	-3.89%
2023-12-31	$12.66B	4.89%
2023-09-30	$12.07B	4.04%
2023-06-30	$11.60B	-5.99%
2023-03-31	$12.34B	-4.72%
2022-12-31	$12.95B	-9.65%
2022-09-30	$14.34B	-12.37%
2022-06-30	$16.36B	19.46%
2022-03-31	$13.69B	5.71%
2021-12-31	$12.95B	20.21%
2021-09-30	$10.78B	8.52%
2021-06-30	$9.93B	18.45%
2021-03-31	$8.38B	40.58%
2020-12-31	$5.96B	2.23%
2020-09-30	$5.83B	80.87%
2020-06-30	$3.23B	-61.00%
2020-03-31	$8.27B	-9.67%
2019-12-31	$9.15B	16.08%
2019-09-30	$7.89B	-4.45%
2019-06-30	$8.25B	-1.46%
2019-03-31	$8.38B	-4.68%
2018-12-31	$8.79B	-0.07%
2018-09-30	$8.79B	8.81%
2018-06-30	$8.08B	-3.79%
2018-03-31	$8.40B	10.43%
2017-12-31	$7.61B	29.49%
2017-09-30	$5.87B	-3.37%
2017-06-30	$6.08B	-8.83%
2017-03-31	$6.67B	12.01%
2016-12-31	$5.95B	15.13%
2016-09-30	$5.17B	4.44%
2016-06-30	$4.95B	20.41%
2016-03-31	$4.11B	-17.71%
2015-12-31	$5.00B	-10.00%
2015-09-30	$5.55B	-16.69%
2015-06-30	$6.66B	12.13%
2015-03-31	$5.94B	-37.18%
2014-12-31	$9.46B	-14.99%
2014-09-30	$11.13B	-0.61%
2014-06-30	$11.20B	-4.19%
2014-03-31	$11.68B	9.89%
2013-12-31	$10.63B	-0.66%
2013-09-30	$10.70B	3.96%
2013-06-30	$10.29B	-3.06%
2013-03-31	$10.62B	12.51%
2012-12-31	$9.44B	0.91%
2012-09-30	$9.35B	-4.41%
2012-06-30	$9.79B	6.16%
2012-03-31	$9.22B	-

Plains GP generated $12.74B in revenue during Q3 2024, up -1.86% compared to the previous quarter, and up 109.83% compared to the same period a year ago.

Plains GP Revenue Breakdown

Plains GP Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Service	$1.74B	$1.39B	$1.20B	-	-
Product	$46.97B	$55.95B	$40.88B	-	-
Terminalling , Long-Term Storage And Throughput Agreements Revenues	-	-	$237.00M	-	-
Pipeline Revenues Supported By Minimum Volume Commitments And Long-Term Capacity Agreements	-	-	$179.00M	$174.00M	$164.00M
Long-Term Storage, Terminalling And Throughput Agreements Revenues	-	-	-	$340.00M	$404.00M

Plains GP's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (96.43%), and Service (3.57%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19
Service	$461.00M	$449.00M	$449.00M	$490.00M	$401.00M	$398.00M	$394.00M	$335.00M	$352.00M	$313.00M	-	-	-	-	-	-	-	-	-	-
Product	$12.28B	$11.55B	$12.25B	$11.58B	$11.20B	$11.94B	$12.56B	$14.00B	$16.01B	$13.38B	-	-	-	-	-	-	-	-	-	-
Pipeline Revenues Supported By Minimum Volume Commitments And Long-Term Capacity Agreements	-	-	-	-	-	-	-	$50.00M	$91.00M	$132.00M	$47.00M	$92.00M	$135.00M	$41.00M	$78.00M	$124.00M	$41.00M	$79.00M	$136.00M	-
Terminalling, Long-Term Storage And Other Agreements Revenues	-	-	-	-	-	-	-	$67.00M	$138.00M	$201.00M	-	-	-	-	-	-	-	-	-	-
Long-Term Storage, Terminalling And Throughput Agreements Revenues	-	-	-	-	-	-	-	-	-	-	$69.00M	$139.00M	$275.00M	$101.00M	$216.00M	$307.00M	$114.00M	$220.00M	$311.00M	-
Segment Facilities	-	-	-	-	-	-	-	-	-	-	-	-	-	$149.00M	-	-	-	-	-	-
Segment Supply And Logistics	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.69B	-	-	-	-	-	-
Segment Transportation	-	-	-	-	-	-	-	-	-	-	-	-	-	$126.00M	-	-	-	-	-	-

Plains GP's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (96.38%), and Service (3.62%).

Plains GP Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
CANADA	$6.40B	$10.44B	$7.62B	$5.35B	$6.51B
UNITED STATES	$42.31B	$46.90B	$34.46B	$17.94B	$27.16B

Plains GP's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (86.85%), and CANADA (13.15%).

Quarterly Revenue by Country

Country	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Segment Transportation	$133.00M	$162.00M	$137.00M	$126.00M	$146.00M	$151.00M	$187.00M	$196.00M	$188.00M	$197.00M	$658.00M	$161.00M	$152.00M	$253.00M

Plains GP's latest quarterly revenue breakdown by geography, as of Sep 21: Segment Transportation (100.00%).

Plains GP Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PAA	Plains All American Pipeline	$48.74B	$12.74B
PAGP	Plains GP	$48.71B	$12.74B
TRGP	Targa Resources	$16.06B	$3.85B
MPLX	MPLX LP	$10.68B	$2.97B
GEL	Genesis Energy	$3.18B	$714.30M
WES	Western Midstream Partners, LP	$3.11B	$905.63M
HESM	Hess Midstream LP	$1.35B	$378.50M
DTM	DT Midstream	$922.00M	$248.00M

PAGP Revenue FAQ

What is Plains GP’s yearly revenue?

Plains GP's yearly revenue for 2023 was $48.71B, representing a decrease of -15.05% compared to 2022. The company's yearly revenue for 2022 was $57.34B, representing an increase of 36.39% compared to 2021. PAGP's yearly revenue for 2021 was $42.04B, representing an increase of 80.52% compared to 2020.

What is Plains GP’s quarterly revenue?

Plains GP's quarterly revenue for Q3 2024 was $12.74B, a -1.86% decrease from the previous quarter (Q2 2024), and a 5.57% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $12.98B, a 6.71% increase from the previous quarter (Q1 2024), and a 11.91% increase year-over-year (Q2 2023). PAGP's quarterly revenue for Q1 2024 was $12.17B, a -3.89% decrease from the previous quarter (Q4 2023), and a -1.40% decrease year-over-year (Q1 2023).

What is Plains GP’s revenue growth rate?

Plains GP's revenue growth rate for the last 3 years (2021-2023) was 15.86%, and for the last 5 years (2019-2023) was 44.68%.

What are Plains GP’s revenue streams?

Plains GP's revenue streams in c 23 are Service, and Product. Service generated $1.74B in revenue, accounting 3.57% of the company's total revenue, up 24.68% year-over-year. Product generated $46.97B in revenue, accounting 96.43% of the company's total revenue, down -16.04% year-over-year.

What is Plains GP’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Plains GP was Product. This segment made a revenue of $46.97B, representing 96.43% of the company's total revenue.