MMP - Magellan Midstream Partners, L.P.

NYSE - NYSE Delayed Price. Currency in USD
61.81
-0.55 (-0.88%)
At close: 4:02PM EDT
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Previous Close62.36
Open62.21
Bid61.40 x 800
Ask64.00 x 800
Day's Range61.59 - 62.36
52 Week Range54.25 - 72.90
Volume891,173
Avg. Volume764,385
Market Cap14.118B
Beta (3Y Monthly)0.75
PE Ratio (TTM)10.61
EPS (TTM)5.82
Earnings DateJul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield4.02 (6.42%)
Ex-Dividend Date2019-05-07
1y Target Est68.45
Trade prices are not sourced from all markets
  • This High-Yield Dividend Stock’s Growth Engine Is Running Out of Fuel
    Motley Fool10 hours ago

    This High-Yield Dividend Stock’s Growth Engine Is Running Out of Fuel

    Magellan Midstream Partners has recently canceled some expansion projects, which could eventually cause its distribution growth streak to end.

  • Outlook for Oil & Gas Pipeline MLP Industry Looks Bright
    Zacks6 days ago

    Outlook for Oil & Gas Pipeline MLP Industry Looks Bright

    Outlook for Oil & Gas Pipeline MLP Industry Looks Bright

  • PR Newswire7 days ago

    Magellan Midstream to Participate in J.P. Morgan Energy Conference

    TULSA, Okla. , June 13, 2019 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Aaron Milford , chief operating officer, is scheduled to participate in a question and answer ...

  • 3 Incredibly Cheap Energy Stocks
    Motley Fool18 days ago

    3 Incredibly Cheap Energy Stocks

    The oil and gas industry is broadly struggling, but this trio of financially strong dividend payers are worth a close look.

  • Magellan Midstream (MMP) Up 1.1% Since Last Earnings Report: Can It Continue?
    Zacks20 days ago

    Magellan Midstream (MMP) Up 1.1% Since Last Earnings Report: Can It Continue?

    Magellan Midstream (MMP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • PR Newswire20 days ago

    Magellan Midstream and Navigator Energy Services Extend Open Season for Proposed Voyager Crude Oil Pipeline to Aug. 30

    TULSA, Okla. and DALLAS, May 31, 2019 /PRNewswire/ -- Magellan Midstream Partners, L.P. (MMP) and Navigator Energy Services announced today an extension of the open season to solicit commitments from shippers for the proposed Voyager Pipeline to transport crude oil from Cushing, Oklahoma and Midland, Texas to Houston. The level of shipper interest in the Midland origin, announced in March, combined with shipper requests for additional grades of crude oil and condensate at Cushing, requires further evaluation of the scope of the Voyager Pipeline project. As currently contemplated, the proposed Voyager Pipeline would include construction of 20-inch diameter pipelines from both Magellan's Cushing and Midland terminals to Magellan's terminal in Frost, Texas.

  • Morningstar20 days ago

    The U.S. Crude Export Boom and the Midstream Opportunity

    Expanding on our overarching theme of U.S. hydrocarbons (gas, oil, or natural gas liquids) increasingly being exported, we forecast U.S. crude-oil exports of 4 million barrels per day by 2020. As a result, there is a substantial opportunity for midstream entities to build new crude-oil export terminals and support their economic moats, with Enterprise Products Partners our favorite way to play this trend.

  • What Institutional Investors Think about Magellan Midstream
    Market Realist22 days ago

    What Institutional Investors Think about Magellan Midstream

    Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?(Continued from Prior Part)Top investors in MMPAccording to the latest filings, the top ten investors in Magellan Midstream Partners (MMP) together sold 0.4 million MMP shares in Q1.

  • What’s Driving Magellan Midstream’s Earnings Growth?
    Market Realist23 days ago

    What’s Driving Magellan Midstream’s Earnings Growth?

    Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?(Continued from Prior Part)MMP’s distributable cash flowMagellan Midstream Partners’ (MMP) DCF (distributable cash flow) has grown at an average rate of 11.1% over the last five

  • How Magellan Midstream Partners’ Distribution Growth Has Trended
    Market Realist23 days ago

    How Magellan Midstream Partners’ Distribution Growth Has Trended

    Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?(Continued from Prior Part)MMP’s distributionsMagellan Midstream Partners (MMP) has raised its quarterly distributions 68 times since its IPO in 2001. In the last five years, Magellan

  • Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?
    Market Realist23 days ago

    Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?

    Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?MMP’s yieldMagellan Midstream Partners (MMP) is trading at a yield of ~6.5% currently. Its yield is ~170 basis points higher than its five-year average yield of ~4.8%. Magellan

  • Midstream Stocks Outperformed the Energy Sector Last Week
    Market Realist23 days ago

    Midstream Stocks Outperformed the Energy Sector Last Week

    Energy Review: How the Sector Performed Last Week(Continued from Prior Part)Energy stocksIn the week ending May 24, midstream stock Genesis Energy (GEL) rose the most among the stocks in the energy space. The stock is included in the following

  • PR Newswire27 days ago

    Magellan Midstream Announces Additional Board Member

    TULSA, Okla., May 24, 2019 /PRNewswire/ -- Magellan Midstream Partners, L.P. (MMP) announced today that its board of directors has elected Chansoo Joung as an independent board member effective immediately. Joung had a distinguished career in the finance industry working with energy companies. From 2005 to 2015, Joung worked first as a partner then as senior advisor at Warburg Pincus LLC, where he managed investments across the energy and clean energy sectors.

  • Benzingalast month

    Jim Cramer Gives His Opinion On Becton Dickinson, Fox, Puma Biotech And More

    On CNBC's "Mad Money Lightning Round,"  Jim Cramer said he would hold off for now from Village Farms International Inc (NASDAQ: VFF ). He is not a buyer of Sailpoint Technologies Holdings Inc ...

  • Magellan Midstream's (MMP) Q1 Earnings Beat, Sales Miss
    Zackslast month

    Magellan Midstream's (MMP) Q1 Earnings Beat, Sales Miss

    Magellan Midstream's (MMP) DCF in Q1 came in at $318 million, up from $258.9 million in the year-ago period on the back of divestment gains.

  • PR Newswirelast month

    Magellan Midstream to Participate in the 2019 MLP & Energy Infrastructure Conference

    TULSA, Okla. , May 13, 2019 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears , chief executive officer, is scheduled to participate in a question and answer ...

  • 3 Dividend Stocks That Pay You More Than Exxon Does
    Motley Foollast month

    3 Dividend Stocks That Pay You More Than Exxon Does

    AT&T, Magellan Midstream Partners, and Tanger Factory Outlet Centers all offer high yields and more stable returns than the energy giant.

  • Reuterslast month

    Energy Transfer no longer pursuing Permian Gulf Coast pipeline -CFO

    Energy Transfer Partners LP will no longer pursue the Permian Gulf Coast (PGC) pipeline as it was initially announced, but will evaluate participating in other projects to transport crude from the largest U.S. oil field, company Chief Financial Officer Thomas Long said on Thursday. One of Energy Transfer's partners in the PGC pipeline, Magellan Midstream Partners LP, said in March it was not likely the project would go forward as planned. The proposed project would have carried 1 million barrels per day (bpd) to the Gulf Coast.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of MMP earnings conference call or presentation 1-May-19 5:30pm GMT

    Q1 2019 Magellan Midstream Partners LP Earnings Call

  • Magellan Midstream Partners Raises Guidance, but There Are Questions About Growth
    Motley Fool2 months ago

    Magellan Midstream Partners Raises Guidance, but There Are Questions About Growth

    The company seems poised for lots of growth in 2019 with some big projects underway, but it looks questionable beyond that after a series of pipeline cancellations.

  • Magellan Midstream Partners LP (MMP) Q1 2019 Earnings Call Transcript
    Motley Fool2 months ago

    Magellan Midstream Partners LP (MMP) Q1 2019 Earnings Call Transcript

    MMP earnings call for the period ending March 31, 2019.

  • Reuters2 months ago

    Magellan 'optimistic' on Cushing-to-Houston pipeline with Midland origin -CEO

    Magellan Midstream Partners LP believes a proposed Midland origin point will attract sufficient commitments from shippers to proceed with a long-haul crude pipeline from the U.S. oil storage hub in Cushing, Oklahoma, to Houston, Chief Executive Michael Mears said on Wednesday. The Houston pipeline operator decided not to pursue its Permian Gulf Coast pipeline project in March after it was unable to obtain enough commitments to proceed, but it has received "significant" market feedback its Midland origin would be attractive, Mears told investors in a conference call.

  • Capital Projects Should Fuel Enterprise Products’ Earnings Growth
    Market Realist2 months ago

    Capital Projects Should Fuel Enterprise Products’ Earnings Growth

    Enterprise Products’ Q1 Earnings Beat Estimates(Continued from Prior Part)EPD’s capital projectsEnterprise Products Partners (EPD) spent $1.2 billion on capital projects in the first quarter. It expects to invest $3.4 billion to $3.8 billion on

  • Enterprise Products’ Q1 Earnings Beat Estimates
    Market Realist2 months ago

    Enterprise Products’ Q1 Earnings Beat Estimates

    Enterprise Products’ Q1 Earnings Beat EstimatesEPD’s Q1 performanceEnterprise Products Partners (EPD) reported 18% growth in its first-quarter earnings today. EPD’s adjusted EBITDA rose from $1,687 million in Q1 2018 to $1,986 million in the

  • Associated Press2 months ago

    Magellan Midstream: 1Q Earnings Snapshot

    On a per-share basis, the Tulsa, Oklahoma-based company said it had profit of 91 cents. Earnings, adjusted for non-recurring costs, were $1.06 per share. The results beat Wall Street expectations. The ...