Chris Herbold - Plains GP President
| PAGP Stock | USD 20.02 0.55 2.82% |
President
Mr. Chris Herbold is Senior Vice President, Chief Accounting Officer of the General Partner of the Company. He has served as Senior Vice President and Chief Accounting Officer of GP LLC since August 2018. He served as Vice PresidentAccounting and Chief Accounting Officer from August 2010 until August 2018. He served as Controller of PAA from 2008 until August 2010. He previously served as Director of Operational Accounting from 2006 to 2008, Director of Financial Reporting and Accounting from 2003 to 2006 and Manager of SEC and Financial Reporting from 2002 to 2003. Prior to joining PAA in April 2002, Mr. Herbold spent seven years working for the accounting firm Arthur Andersen LLP. Mr. Herbold also serves as Senior Vice President and Chief Accounting Officer of PAGP GP. since 2018.
| Age | 52 |
| Tenure | 6 years |
| Address | 333 Clay Street, Houston, TX, United States, 77002 |
| Phone | 713 646 4100 |
| Web | https://www.plains.com |
Chris Herbold Latest Insider Activity
Tracking and analyzing the buying and selling activities of Chris Herbold against Plains GP stock is an integral part of due diligence when investing in Plains GP. Chris Herbold insider activity provides valuable insight into whether Plains GP is net buyers or sellers over its current business cycle. Note, Plains GP insiders must abide by specific rules, including filing SEC forms every time they buy or sell Plains GP'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Chris Herbold over three months ago Disposition of 12575 shares by Chris Herbold of Plains All subject to Rule 16b-3 |
Plains GP Management Efficiency
The company has return on total asset (ROA) of 0.0327 % which means that it generated a profit of $0.0327 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0903 %, meaning that it created $0.0903 on every $100 dollars invested by stockholders. Plains GP's management efficiency ratios could be used to measure how well Plains GP manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/01/2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Plains GP's Total Current Liabilities is relatively stable compared to the past year. As of 12/01/2024, Non Current Liabilities Total is likely to grow to about 10.1 B, while Liabilities And Stockholders Equity is likely to drop slightly above 24.5 B.Similar Executives
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Management Performance
| Return On Equity | 0.0903 | ||||
| Return On Asset | 0.0327 |
Plains GP Holdings Leadership Team
Elected by the shareholders, the Plains GP's board of directors comprises two types of representatives: Plains GP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Plains. The board's role is to monitor Plains GP's management team and ensure that shareholders' interests are well served. Plains GP's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Plains GP's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Constantine Liollio, Senior Projects | ||
| Jeremy Goebel, Executive Vice President—Commercial of the General Partner | ||
| Harry Pefanis, President COO, Director of the General Partner | ||
| Russ Montgomery, VP Controller | ||
| Brad Leone, Director LLC | ||
| Chris Chandler, COO, Executive Vice President of the General Partner | ||
| Sharon Spurlin, Senior Treasurer | ||
| Al Swanson, Executive LLC | ||
| Richard McGee, Executive Vice President General Counsel, Secretary of the General Partner | ||
| Chris Herbold, Chief Accounting Officer, Vice President - Accounting of the General Partner | ||
| Wilfred Chiang, Executive Vice President and COO - U.S and Director of the General Partner | ||
| Dwayne Koehn, Senior LLC | ||
| Roy Lamoreaux, Investor President |
Plains Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Plains GP a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0903 | ||||
| Return On Asset | 0.0327 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 11.56 B | ||||
| Shares Outstanding | 197.47 M | ||||
| Shares Owned By Insiders | 2.69 % | ||||
| Shares Owned By Institutions | 83.02 % | ||||
| Number Of Shares Shorted | 6.14 M | ||||
| Price To Earning | 12.36 X |
Pair Trading with Plains GP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Plains GP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Plains GP will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Plains GP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plains GP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Plains GP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Plains GP Holdings to buy it.
The correlation of Plains GP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Plains GP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plains GP Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Plains GP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Plains Stock Analysis
When running Plains GP's price analysis, check to measure Plains GP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.