Yahoo Finance
On May 15, 2026, Energy Income Partners disclosed a first-quarter buy of 120,765 shares ofPlains GP Holdings(NASDAQ:PAGP), an estimated $2.64 million trade based on quarterly average pricing.
According to theSEC filingdated May 15, 2026, Energy Income Partners increased its stake in Plains GP Holdings by 120,765 shares during the first quarter.
The estimated transaction value was $2.64 million based on average closing prices for the quarter.
The quarter-end value of the position increased by $48.44 million, a figure that reflects both additional shares purchased and share price appreciation during the quarter.
This was a buy; the position now represents 3.51% of Energy Income Partners, LLC’s 13F reportable assets under management.
As of Friday, shares of Plains GP Holdings were priced at $24.35, up 38% over the past year and outperforming the S&P 500’s roughly 28% gain in the same period.
Plains GP Holdings operates crude oil and natural gas liquids (NGL) pipelines, gathering systems, storage, and processing facilities across the United States and Canada.
The firm generates revenue primarily through fee-based transportation, storage, and logistics services for crude oil and NGLs, with additional income from terminalling, fractionation, and processing.
It serves oil and gas producers, refiners, and other midstream and downstream energy customers seeking reliable infrastructure and logistics solutions.
Plains GP Holdings is a leading midstream energy company specializing in the transportation, storage, and processing of crude oil and natural gas liquids across North America.
The company leverages an extensive asset base, including thousands of miles of pipelines and significant storage capacity, to provide critical infrastructure services to the energy sector.
Its fee-based business model and diverse customer base position it as a key logistics partner within the oil and gas value chain.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment