Company: PAGP
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001581990-25-000006
Chunk: 470

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 5
Chunk 470
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Item 5.  Market for Registrant’s Shares, Related Shareholder Matters and Issuer Purchases of Equity Securities 

Market Information, Holders and Distributions

Our Class A shares are listed and traded on Nasdaq under the symbol “PAGP.” As of February 14, 2025, there were 197,743,624 Class A shares outstanding and approximately 85,000 record holders and beneficial owners (held in street name).

The following table presents cash distributions per Class A share pertaining to the quarter presented, which were declared and paid in the following calendar quarter (see the “Cash Distribution Policy” section below for a discussion of our policy regarding distribution payments):

First QuarterSecond QuarterThird QuarterFourth Quarter2024$0.3175 $0.3175 $0.3175 $0.3800 2023$0.2675 $0.2675 $0.2675 $0.3175 

Our Class A shares are also used as a form of compensation to our directors. See Note 17 to our Consolidated Financial Statements for additional information regarding our equity-indexed compensation plans. 

Our Class B shares and Class C shares are not listed or traded on any stock exchange.

Performance Graph 

The following graph compares the total unitholder return performance of our Class A shares with the performance of: (i) the Standard & Poor’s 500 Stock Index (“S&P 500”) and (ii) the Alerian Midstream Energy Index (“AMNA”). The AMNA is a broad-based composite of North American energy infrastructure companies that provides investors with a comprehensive benchmark for this asset class. The graph assumes that $100 was invested in our Class A shares and each comparison index beginning on December 31, 2019 and that all distributions were reinvested on a quarterly basis.

12/31/201912/31/202012/31/202112/31/202212/31/202312/31/2024PAGP$100.00 $48.96 $63.11 $83.11 $114.79 $142.02 S&P 500$100.00 $155.68 $200.37 $164.08 $207.21 $259.05 AMNA$100.00 $95.06 $131.58 $159.92 $182.34 $263.52