Plains GP (PAGP) Revenue & Revenue Breakdown
Plains GP Revenue Highlights
Latest Revenue (Y)
$48.71B
Latest Revenue (Q)
$12.93B
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 |
|---|---|---|
| 2024-06-30 | $12.93B | 6.29% |
| 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 $12.93B in revenue during Q2 2024, up 6.29% compared to the previous quarter, and up 104.80% 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 | - | - |
| Pipeline Revenues Supported By Minimum Volume Commitments And Long-Term Capacity Agreements | - | - | $179.00M | $174.00M | $164.00M |
| Terminalling , Long-Term Storage And Throughput Agreements Revenues | - | - | $237.00M | - | - |
| 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 | 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 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $11.55B | $12.25B | $11.58B | $11.20B | $11.94B | $12.56B | $14.00B | $16.01B | $13.38B | - | - | - | - | - | - | - | - | - | - | - |
| Service | $449.00M | $449.00M | $490.00M | $401.00M | $398.00M | $394.00M | $335.00M | $352.00M | $313.00M | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $151.00M | - | - | - | - | - | - |
| Segment Supply And Logistics | - | - | - | - | - | - | - | - | - | - | - | - | $5.69B | $8.45B | - | - | - | - | - | - |
| Segment Transportation | - | - | - | - | - | - | - | - | - | - | - | - | $126.00M | $658.00M | - | - | - | - | - | - |
Plains GP's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (96.26%), and Service (3.74%).
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 | $12.93B |
| PAGP | Plains GP | $48.71B | $12.93B |
| TRGP | Targa Resources | $16.06B | $3.56B |
| MPLX | MPLX LP | $10.68B | $3.05B |
| GEL | Genesis Energy | $3.18B | $714.30M |
| WES | Western Midstream Partners, LP | $3.11B | $887.73M |
| HESM | Hess Midstream LP | $1.35B | $365.50M |
| 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 Q2 2024 was $12.93B, a 6.29% increase from the previous quarter (Q1 2024), and a 11.47% increase year-over-year (Q2 2023). The company'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). PAGP's quarterly revenue for Q4 2023 was $12.66B, a 4.89% increase from the previous quarter (Q3 2023), and a -2.25% decrease year-over-year (Q4 2022).
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.