PAGP (Plains GP Holdings LP) Tax Provision: $-70 Mil (TTM As of Mar. 2026)


PAGP Plains GP Holdings LP PAGP
73 GF Score
Price $24.96
GF Value $19.69
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Plains GP Holdings LP Tax Provision?

Plains GP Holdings LP PAGP +1.22% 73 Tax Provision is $-70 Mil as of Mar. 2026. GuruFocus rates PAGP with a GF Score™ of 73/100 and a GF Value™ of $19.69 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Plains GP Holdings LP's tax provision for the three months ended in Mar. 2026 was $-8 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was $-70 Mil.


Plains GP Holdings LP Tax Provision Historical Data

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The historical data trend for Plains GP Holdings LP's Tax Provision can be seen below:

* 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 Tax Provision Chart

Plains GP Holdings LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -112.00 -246.00 -129.00 -124.00 -92.00

Plains GP Holdings LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.00 -16.00 -30.00 -16.00 -8.00
PAGP
73GF Score
Plains GP Holdings LP PAGP
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains GP Holdings LP Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-70 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-70 Mil mean?
Plains GP Holdings LP (PAGP) has a Tax Provision of $-70 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Plains GP Holdings LP and its competitors.
Is Plains GP Holdings LP's Tax Provision too high?
Plains GP Holdings LP's current Tax Provision is $-70 Mil. Overall, Plains GP Holdings LP has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains GP Holdings LP's Tax Provision compare to HESM and GLNG?
Plains GP Holdings LP's Tax Provision of $-70 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for an Oil & Gas company?
A good Tax Provision depends on the Oil & Gas industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Plains GP Holdings LP and its competitors. Plains GP Holdings LP's current Tax Provision is $-70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains GP Holdings LP stock overvalued right now?
Based on GuruFocus' analysis, Plains GP Holdings LP (PAGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.69, compared to a current price of $24.96 — trading 26.8% above its estimated fair value. The current Tax Provision is $-70 Mil. Plains GP Holdings LP's overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Plains GP Holdings LP (PAGP), the current Tax Provision is $-70 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Plains GP Holdings LP (PAGP) Overvalued in 2026?

Based on GuruFocus' analysis, Plains GP Holdings LP stock appears to be overvalued. The current stock price of $24.96 is trading 26.8% above its estimated GF Value™ of $19.69. GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.

Key valuation signals for PAGP:

  • Tax Provision: $-70 Mil
  • GF Value™: $19.69 vs. price of $24.96 (26.8% above fair value)
  • GF Score™: 73/100 with 11 warning signs

No single metric tells the full story. See the PAGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plains GP Holdings LP Business Description

Industry EnergyOil & Gas
Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), and natural gas. The group manages its operations through two operating segments: Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines (including gathering systems), trucks, and, at times, on barges or railcars; and NGL segment operations involve NGL storage and terminalling from NGL assets located in the Southwestern United States. It generates the majority of its revenue from the Crude Oil segment. Its geographic markets are the United States and Canada. It generates the majority of its revenue from the United States.
73GF Score

Get the complete analysis for PAGP

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.96
Price
$19.69
GF Value