PLIST isn't an image
A .plist file stores text data — settings, coordinates, lists — not pixels. There's no image inside to extract, and a picture can't be saved as a PLIST data file.
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PNG is a lossless raster format with full transparency. It keeps every pixel intact, making it ideal for logos, icons, screenshots and graphics with sharp edges.
PNG opens in every browser and image viewer, plus Photoshop, GIMP, Preview and Photos.
No — PLIST is a data format, not an image, so there's nothing to convert. You can convert the PLIST data to JSON or XML instead.
PLIST is a text-based data format used for app settings and, with a matching image, sprite-sheet coordinates. It isn't a picture.
A sprite sheet is a .png + .plist pair. Use a texture packer (TexturePacker, Cocos2d) to pack or unpack them together; a single-file converter can't.