NASDAQ:PAGP - Nasdaq - US72651A2078 - Currency: USD
Wall Street slumped into negative territory late in the week as renewed fears over inflation and trade tariffs eroded risk appetite.
Companies that generate a lot of free cash flow for their size can reinvest relatively more back into their businesses, allowing opportunities to add value.
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PAGP stock results show that Plains GP Holdings missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
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Plains GP Holdings disappoints with Q4 results as it reports a missed GAAP EPS and a decline in revenue year-over-year.
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Announces Capital Allocation Updates & Permian Bolt-On Acquisitions
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Plains All American Pipeline is downgraded to Underweight at Barclays, expressing concerns over its recontracting outlook and long-term asset utilization.
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