MAGELLAN MIDSTREAM PARTNERS (MMP) Stock Price & Overview

NYSE:MMPUS5590801065

Current stock price

69 USD
+0.46 (+0.67%)
At close:
69.01 USD
+0.01 (+0.01%)
After Hours:

The current stock price of MMP is 69 USD. Today MMP is up by 0.67%. In the past month the price increased by 5.47%. In the past year, price increased by 48.55%.

MMP Key Statistics

52-Week Range45.5205 - 69.9
Current MMP stock price positioned within its 52-week range.
1-Month Range64.61 - 69.9
Current MMP stock price positioned within its 1-month range.
Market Cap
13.945B
P/E
13.75
Fwd P/E
12.93
EPS (TTM)
5.02
Dividend Yield
6.07%

MMP Stock Performance

Today
+0.67%
1 Week
+1.13%
1 Month
+5.47%
3 Months
+16.01%
Longer-term
6 Months +33.80%
1 Year +48.55%
2 Years N/A
3 Years N/A
5 Years N/A
10 Years N/A

MMP Stock Chart

MAGELLAN MIDSTREAM PARTNERS / MMP Daily stock chart

MMP Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to MMP. When comparing the yearly performance of all stocks, MMP is one of the better performing stocks in the market, outperforming 93.35% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MMP Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to MMP. There are concerns on the financial health of MMP while its profitability can be described as average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MMP Earnings

Next Earnings DateOct 25, 2023
Last Earnings DateAug 3, 2023
PeriodQ2 / 2023
EPS Reported$1.18
Revenue Reported
EPS Surprise 5.32%
Revenue Surprise 1.59%

MMP Forecast & Estimates

16 analysts have analysed MMP and the average price target is 65.85 USD. This implies a price decrease of -4.57% is expected in the next year compared to the current price of 69.

For the next year, analysts expect an EPS growth of 4.81% and a revenue growth 12.86% for MMP


Analysts
Analysts65
Price Target65.85 (-4.57%)
EPS Next Y4.81%
Revenue Next Year12.86%

MMP Groups

Sector & Classification

Sector
Energy
Index Membership

MMP Financial Highlights

Over the last trailing twelve months MMP reported a non-GAAP Earnings per Share(EPS) of 5.02. The EPS increased by 7.49% compared to the year before.


Income Statements
Revenue(TTM)3.48B
Net Income(TTM)1.03B
Industry RankSector Rank
PM (TTM) 29.55%
ROA 13.5%
ROE 60.05%
Debt/Equity 2.91
Chartmill High Growth Momentum
EPS Q2Q%-29.34%
Sales Q2Q%11.24%
EPS 1Y (TTM)7.49%
Revenue 1Y (TTM)19.66%

MMP Ownership

Ownership
Inst Owners0.02%
Shares202.10M
Float201.23M
Ins Owners0.42%
Short Float %N/A
Short RatioN/A

About MMP

Company Profile

MMP logo image Magellan Midstream Partners LP engages in the transportation, storage, and distribution of petroleum products and crude oil. The company is headquartered in Tulsa, Oklahoma and currently employs 1,655 full-time employees. The company went IPO on 2001-02-06. The firm owns refined petroleum products pipeline system in the country and can store more than 100 million barrels of petroleum products, such as gasoline, diesel fuel and crude oil. The Company’s segments include refined products and crude oil. Refined products segment comprised of its approximately 9,800 miles refined petroleum products pipeline system with 54 terminals and two marine storage terminals. Crude oil segment comprised of approximately 2,200 miles of crude oil pipelines, a condensate splitter and 39 million barrels of aggregate storage capacity, of which approximately 29 million barrels are used for contract storage. Approximately 1,000 miles of these pipelines, the condensate splitter and 31 million barrels of this storage capacity, including 25 million barrels used for contract storage are wholly owned by the Company.

Company Info

IPO: 2001-02-06

MAGELLAN MIDSTREAM PARTNERS

One Williams Center, Md 28-1

Tulsa OKLAHOMA 74121 US

CEO: Michael N. Mears

Employees: 1655

MMP Company Website

Phone: 19185747000.0

MAGELLAN MIDSTREAM PARTNERS / MMP FAQ

What does MMP do?

Magellan Midstream Partners LP engages in the transportation, storage, and distribution of petroleum products and crude oil. The company is headquartered in Tulsa, Oklahoma and currently employs 1,655 full-time employees. The company went IPO on 2001-02-06. The firm owns refined petroleum products pipeline system in the country and can store more than 100 million barrels of petroleum products, such as gasoline, diesel fuel and crude oil. The Company’s segments include refined products and crude oil. Refined products segment comprised of its approximately 9,800 miles refined petroleum products pipeline system with 54 terminals and two marine storage terminals. Crude oil segment comprised of approximately 2,200 miles of crude oil pipelines, a condensate splitter and 39 million barrels of aggregate storage capacity, of which approximately 29 million barrels are used for contract storage. Approximately 1,000 miles of these pipelines, the condensate splitter and 31 million barrels of this storage capacity, including 25 million barrels used for contract storage are wholly owned by the Company.


What is the stock price of MAGELLAN MIDSTREAM PARTNERS today?

The current stock price of MMP is 69 USD. The price increased by 0.67% in the last trading session.


What is the dividend status of MAGELLAN MIDSTREAM PARTNERS?

MAGELLAN MIDSTREAM PARTNERS (MMP) has a dividend yield of 6.07%. The yearly dividend amount is currently 4.19.


What is the ChartMill rating of MAGELLAN MIDSTREAM PARTNERS stock?

MMP has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


Which stock exchange lists MMP stock?

MMP stock is listed on the New York Stock Exchange exchange.


What is the Price/Earnings (PE) ratio of MAGELLAN MIDSTREAM PARTNERS (MMP)?

The PE ratio for MAGELLAN MIDSTREAM PARTNERS (MMP) is 13.75. This is based on the reported non-GAAP earnings per share of 5.02 and the current share price of 69 USD.