Plains GP Holdings LP's quarterly market cap
increased
from Jun. 2023 ($2,906 Mil) to Sep. 2023 ($3,166 Mil) but then
declined
from Sep. 2023 ($3,166 Mil) to Dec. 2023 ($3,133 Mil).
Plains GP Holdings LP's annual market cap
increased
from Dec. 2021 ($1,969 Mil) to Dec. 2022 ($2,418 Mil) and
increased
from Dec. 2022 ($2,418 Mil) to Dec. 2023 ($3,133 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Plains GP Holdings LP's Enterprise Value for Today is $11,321 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Plains GP Holdings LP's Market Cap
For the Oil & Gas Midstream subindustry, Plains GP Holdings LP's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Plains GP Holdings LP's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Plains GP Holdings LP's Market Cap distribution charts can be found below:
* The bar in red indicates where Plains GP Holdings LP's Market Cap falls into.
Plains GP Holdings LP Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Plains GP Holdings LP's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Plains GP Holdings LP (NAS:PAGP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Plains GP Holdings LP Market Cap Related Terms
Thank you for viewing the detailed overview of Plains GP Holdings LP's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Plains GP Holdings LP (Plains GP Holdings LP) Business Description
Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.
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