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Plains GP Holdings, L.P. PAGP Crude Oil — Field operating costs

Other segment segments

NGL
$10M+25.0%

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Other financials

Income statement

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Revenue$12.5B+8.7%
Gross profit$977.0M+1.8%
Operating income$403.0M+13.5%
Net income$20.0M-76.2%

Balance sheet

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Cash & equivalents$172.0M-59.9%
Total debt$2.5B-74.0%
Total equity$14.1B-4.1%
Total assets$32.8B+16.0%

Cash flow

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Operating cash flow$418.0M-34.5%
CapEx$130.0M-7.1%
Free cash flow$288.0M-42.2%

Valuation

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Market cap$4.6B+13.8%

Profitability

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Gross margin8.5%+0.8pp
Operating margin3.3%+1.5pp
Net margin0.4%+0.1pp
FCF margin4.6%-0.1pp

Returns & leverage

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Return on equity1.3%+0.2pp
Debt / equity0.8×+0.1×
Current ratio0.9×-0.1×

Where this comes from

Reported directly by Plains GP Holdings, L.P. in its filing.

Tagged under the XBRL concept us-gaap:OperatingCostsAndExpenses.

The official record: Plains GP Holdings, L.P.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Plains GP Holdings, L.P.'s crude oil — field operating costs?
Plains GP Holdings, L.P. (PAGP) reported crude oil — field operating costs of $291M in Q1 2026.
How has Plains GP Holdings, L.P.'s crude oil — field operating costs changed year-over-year?
Plains GP Holdings, L.P.'s crude oil — field operating costs decreased by 0.3% year-over-year, from $292M to $291M.
What is the long-term trend for Plains GP Holdings, L.P.'s crude oil — field operating costs?
Over 3 years (2022 to 2025), Plains GP Holdings, L.P.'s crude oil — field operating costs has grown at a 3.9% compound annual growth rate (CAGR), from $1B to $1.13B.
What does crude oil — field operating costs mean?
Captures the direct expenses associated with the day-to-day operation and maintenance of physical crude oil infrastructure, such as pipelines, storage terminals, and processing facilities. These costs are essential for maintaining asset reliability and operational throughput.