Plains GP Holdings LP Class A Stock News

My ideal stock has four specific qualities. There is one sector where these qualities still exist in abundance. I share some of the most attractive opportunities in the space and why this opportunity may not last much longer.

Warren Buffett once explained why building a passive income snowball is so important. We examine the anatomy of a passive income snowball. We also share several top ideas for building a passive income snowball out of dividend stocks.

Plains GP Holdings, L.P. (NASDAQ:PAGP ) Q1 2024 Results Conference Call May 3, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President of Investor Relations Willie Chiang - Chief Executive Officer Al Swanson - Chief Financial Officer Jeremy Goebel - Chief Commercial Officer Conference Call Participants Michael Blum - Wells Fargo Spiro Dounis - Citi Keith Stanley - Wolfe Research ...

Conventional wisdom tells us to work smarter, not harder. But how? One way for investors to do so is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.

Returning capital to unitholders is Plains GP Holdings' priority. Recent distribution increases and buybacks validate this prerogative. Hovering around 6%, PAGP's distribution is backed by ample cash flow.

Energy stocks are no longer the table pounding buys that they used to be. However, there are still several compelling reasons to invest in certain energy stocks. We share some of our top picks of the moment in the sector.

The midstream sector has delivered exceptional total returns for my portfolio since I loaded up after energy prices crashed in 2020. I share my top four midstream picks of the moment. I discuss why I like each of them right now and what their outlook is moving forward.

Plains GP Holdings, L.P. (PAGP) Q4 2023 Earnings Call Transcript