Harry Pefanis - Plains GP President COO, Director of the General Partner
| PAGP Stock | USD 20.02 0.55 2.82% |
President
Mr. Harry N. Pefanis is President, Chief Commercial Officer, Director of the General Partner of the company. He has served as a director of PAGP GP since February 2017 and as President and Chief Commercial Officer of PAGP GP and GP LLC since January 2018. He served as President and Chief Operating Officer of GP LLC from PAA formation in 1998 through December 2017, and as President and Chief Operating Officer of PAGP GP from July 2013 through December 2017. He was also a director of PAA former general partner. In addition, he was Executive Vice PresidentMidstream of Plains Resources from May 1998 to May 2001. He previously served Plains Resources as Senior Vice President from February 1996 until May 1998 Vice PresidentProducts Marketing from 1988 to February 1996 Manager of Products Marketing from 1987 to 1988 and Special Assistant for Corporationrationrate Planning from 1983 to 1987. Mr. Pefanis was also President of several former midstream subsidiaries of Plains Resources prior to PAA formation. Mr. Pefanis is a director of Settoon Towing. He also serves as lead independent director of Oasis Midstream Partners, L.P. since 2018.
| Age | 67 |
| Tenure | 6 years |
| Address | 333 Clay Street, Houston, TX, United States, 77002 |
| Phone | 713 646 4100 |
| Web | https://www.plains.com |
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 11/29/2024, 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 11/29/2024, 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.
| Jeremy Goebel, Executive Vice President—Commercial of the General Partner | ||
| Harry Pefanis, President COO, Director of the General Partner | ||
| Brad Leone, Director LLC | ||
| Chris Chandler, COO, Executive Vice President of the General Partner | ||
| Sharon Spurlin, Senior Treasurer | ||
| Al Swanson, Executive LLC | ||
| Dwayne Koehn, Senior LLC | ||
| Roy Lamoreaux, Investor President | ||
| 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 |
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 | 11.45 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.