PAGP Forecast


Bullish Case: PAGP benefits from rising oil prices and increased Permian production. Strong dividend yields and historical mean-reversion pattern support stock price appreciation.


Bearish Case: Declining net income from industry headwinds constrains growth. Implied volatility is high relative to market, indicating potential for future price instability and downward pressure.


Potential Outcomes:

1. Increased Permian output improves earnings (35%).

2. Continued decline in net income due to external factors (30%).

3. Stable dividends attracting long-term investors (20%).

4. Impacts of rising material costs and interest rates (15%).


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June 30, 2024


Plains GP Forecast

PAGP      Plains GP











Correlated Assets

Assets that tend to move strongly with PAGP



AMLP Forecast + Options Trading Strategies   AMLP  ALPS Alerian MLP (0.91)


MPLX Forecast + Options Trading Strategies   MPLX  MPLX (0.89)


OKE Forecast + Options Trading Strategies   OKE  Oneok (0.89)


DXJ Forecast + Options Trading Strategies   DXJ  WisdomTree Japan Hedged Equity (0.89)


STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (0.87)



Uncorrelated Assets

Assets with little price relationship to PAGP



KSS Forecast + Options Trading Strategies   KSS  Kohl's (0.0)


BSY Forecast + Options Trading Strategies   BSY  Bentley Systems (0.0)


OMER Forecast + Options Trading Strategies   OMER  Omeros (0.01)


AMT Forecast + Options Trading Strategies   AMT  American Tower (0.01)


IMVT Forecast + Options Trading Strategies   IMVT  Immunovant (0.01)



Anticorrelated Assets

Assets that tend to move strongly against PAGP



SPWR Forecast + Options Trading Strategies   SPWR  Sunpower (-0.84)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.85)


LCID Forecast + Options Trading Strategies   LCID  Lucid (-0.85)


FWRD Forecast + Options Trading Strategies   FWRD  Forward Air (-0.85)


IRBT Forecast + Options Trading Strategies   IRBT  Irobot (-0.86)





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