MAGELLAN MIDSTREAM PARTNERS (MMP) Stock Price, Quote, News and Overview
NYSE:MMP - New York Stock Exchange, Inc. - US5590801065 - Currency: USD
MMP Quote, Performance and Key Statistics
69
+0.46 (+0.67%)
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 | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| ENB | ENBRIDGE INC | 21.21 | 91.04B | ||
| EPD | ENTERPRISE PRODUCTS PARTNERS | 12.39 | 72.27B | ||
| WMB | WILLIAMS COS INC | 31.56 | 70.02B | ||
| ET | ENERGY TRANSFER LP | 17.31 | 66.53B | ||
| OKE | ONEOK INC | 20.52 | 63.52B | ||
| KMI | KINDER MORGAN INC | 22.77 | 58.67B | ||
| MPLX | MPLX LP | 12.68 | 54.29B | ||
| LNG | CHENIERE ENERGY INC | 15.54 | 49.62B | ||
| TRP | TC ENERGY CORP | 14.95 | 46.75B | ||
| TRGP | TARGA RESOURCES CORP | 34.91 | 43.69B | ||
| CQP | CHENIERE ENERGY PARTNERS LP | 14.57 | 30.04B | ||
| PBA | PEMBINA PIPELINE CORP | 15.59 | 21.01B |
Related stock screener links
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
Company Website: https://www.magellanlp.com/
Phone: 19185747000.0
MAGELLAN MIDSTREAM PARTNERS / MMP FAQ
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 ticker symbol for MAGELLAN MIDSTREAM PARTNERS stock?
The exchange symbol of MAGELLAN MIDSTREAM PARTNERS is MMP and it is listed on the New York Stock Exchange, Inc. exchange.
On which exchange is MMP stock listed?
MMP stock is listed on the New York Stock Exchange, Inc. exchange.
What is the price forecast or stock price prediction for MAGELLAN MIDSTREAM PARTNERS stock?
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. Check the MAGELLAN MIDSTREAM PARTNERS stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is MAGELLAN MIDSTREAM PARTNERS worth?
MAGELLAN MIDSTREAM PARTNERS (MMP) has a market capitalization of 13.94B USD. This makes MMP a Large Cap stock.
How many employees does MAGELLAN MIDSTREAM PARTNERS have?
MAGELLAN MIDSTREAM PARTNERS (MMP) currently has 1655 employees.
What are the support and resistance levels for MAGELLAN MIDSTREAM PARTNERS (MMP) stock?
MAGELLAN MIDSTREAM PARTNERS (MMP) has a support level at 68.41 and a resistance level at 69.01. Check the full technical report for a detailed analysis of MMP support and resistance levels.
Is MAGELLAN MIDSTREAM PARTNERS (MMP) expected to grow?
The Revenue of MAGELLAN MIDSTREAM PARTNERS (MMP) is expected to grow by 12.86% in the next year. Check the estimates tab for more information on the MMP EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy MAGELLAN MIDSTREAM PARTNERS (MMP) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of MMP, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of MMP, evaluating the profitability, health, valuation and growth aspects
- MAGELLAN MIDSTREAM PARTNERS (MMP) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- MAGELLAN MIDSTREAM PARTNERS (MMP) Sales and EPS estimates to see what analysts future expectations are.
- MAGELLAN MIDSTREAM PARTNERS (MMP) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- MAGELLAN MIDSTREAM PARTNERS (MMP) Insider and Institutional Ownership to learn about the owners and their transactions.
- MAGELLAN MIDSTREAM PARTNERS (MMP) Stock Chart to make your own analysis
- MAGELLAN MIDSTREAM PARTNERS (MMP) Latest news and press-releases to stay up to date.
Does MAGELLAN MIDSTREAM PARTNERS (MMP) stock pay dividends?
MAGELLAN MIDSTREAM PARTNERS (MMP) has a dividend yield of 6.07%. The yearly dividend amount is currently 4.19. Check the full fundamental report for a detailed analysis of MMP dividend history, reliability and sustainability.
When does MAGELLAN MIDSTREAM PARTNERS (MMP) report earnings?
MAGELLAN MIDSTREAM PARTNERS (MMP) will report earnings on 2023-10-25, before the market open.
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. Check the full fundamental report for a full analysis of the valuation metrics for MMP.
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. MMP has a medium profitability rating, but doesn't score so well on its financial health evaluation.
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 Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 65% to MMP. The Buy consensus is the average rating of analysts ratings from 16 analysts.
For the next year, analysts expect an EPS growth of 4.81% and a revenue growth 12.86% for MMP