MAGELLAN MIDSTREAM PARTNERS (MMP) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:MMP - US5590801065
MMP Key Statistics, Chart & Performance
The current stock price of MMP is 69 USD. In the past month the price increased by 5.47%. In the past year, price increased by 48.55%.
MMP Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| WMB | WILLIAMS COS INC | 30.97 | 73.75B | ||
| EPD | ENTERPRISE PRODUCTS PARTNERS | 11.96 | 68.58B | ||
| KMI | KINDER MORGAN INC | 21.95 | 60.07B | ||
| ET | ENERGY TRANSFER LP | 13.22 | 56.72B | ||
| MPLX | MPLX LP | 11.09 | 53.23B | ||
| OKE | ONEOK INC | 13 | 44.50B | ||
| LNG | CHENIERE ENERGY INC | 10.92 | 42.20B | ||
| TRGP | TARGA RESOURCES CORP | 23.46 | 37.47B | ||
| CQP | CHENIERE ENERGY PARTNERS LP | 13.84 | 25.65B | ||
| WES | WESTERN MIDSTREAM PARTNERS L | 11.72 | 16.16B | ||
| PAA | PLAINS ALL AMER PIPELINE LP | 11.54 | 12.71B | ||
| DTM | DT MIDSTREAM INC | 30.07 | 12.11B |
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About MMP
Company Profile
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
MAGELLAN MIDSTREAM PARTNERS
One Williams Center, Md 28-1
Tulsa OKLAHOMA 74121 US
CEO: Michael N. Mears
Employees: 1655
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.
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.
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.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 29.55% | ||
| ROA | 13.5% | ||
| ROE | 60.05% | ||
| Debt/Equity | 2.91 |
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