Magellan Midstream Partners, L.P. MMP
Set alert
69.00 0.00 0.00%
At close · Sep 22
68.80 Day range 69.89
52-week range unavailable
- Open
- 69.44
- Prev close
- 69.00
- Mkt cap
- 13.13B
- Vol
- 31.03M
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 6.55%
More statistics
- Low
- 68.80
- High
- 69.89
- Forward P/E
- 12.40
- Beta
- 0.90
- Short ratio
- 2.12
- Inst. own
- 53.60%
- Dividend
- 4.19
- Ex-div date
- May 4, 2023
- Earnings
- Oct 26, 2023
- 50-d avg
- 60.11
- 200-d avg
- 54.11
- 1y target
- 63.05
2Y chart
Events in this range
- Nov 4, 2021Dividend: 1.038
- Feb 4, 2022Dividend: 1.0375
- Apr 29, 2022Dividend: 1.038
- Jul 28, 2022Earnings: —; estimate 1.01; surprise —%
- Aug 4, 2022Dividend: 1.038
- Oct 27, 2022Earnings: —; estimate 1.14; surprise —%
- Nov 4, 2022Dividend: 1.048
- Nov 14, 2022Dividend: 1.048
- Feb 2, 2023Earnings: —; estimate 1.31; surprise —%
- Feb 6, 2023Dividend: 1.048
- May 4, 2023Earnings: —; estimate 1.21; surprise —%
- May 5, 2023Dividend: 1.0475
- May 8, 2023Rating: Wells Fargo · — → Equal-Weight
- May 15, 2023Rating: Mizuho · Neutral → Neutral
- May 17, 2023Downgrade: RBC Capital · Outperform → Sector Perform
- May 17, 2023Downgrade: Citigroup · Buy → Neutral
- May 18, 2023Downgrade: Stifel · Buy → Hold
- Jul 6, 2023Rating: Citigroup · Neutral → Neutral
- Aug 3, 2023Earnings: —; estimate 1.1; surprise —%
- Aug 4, 2023Dividend: 1.0475
- Sep 20, 2023Dividend: 0.2474
Signals (81)
| Name | Date | Ago |
|---|---|---|
| RSI: Overbought | Sep 14, 2023 | 3 years ago |
| MACD: Buy Signal | Sep 12, 2023 | 3 years ago |
| MACD: Sell Signal | Sep 6, 2023 | 3 years ago |
| MACD: Buy Signal | Aug 30, 2023 | 3 years ago |
| MACD: Sell Signal | Aug 1, 2023 | 3 years ago |
| RSI: Overbought | Jul 24, 2023 | 3 years ago |
| RSI: Overbought | Jul 13, 2023 | 3 years ago |
| MACD: Buy Signal | Jun 29, 2023 | 3 years ago |
| MACD: Sell Signal | May 31, 2023 | 3 years ago |
| MACD: Buy Signal | May 15, 2023 | 3 years ago |
| RSI: Overbought | May 15, 2023 | 3 years ago |
| MACD: Sell Signal | Apr 26, 2023 | 3 years ago |
| RSI: Overbought | Apr 18, 2023 | 3 years ago |
| SMA: Bullish | Mar 29, 2023 | 3 years ago |
| MACD: Buy Signal | Mar 29, 2023 | 3 years ago |
| SMA: Bullish | Mar 24, 2023 | 3 years ago |
| SMA: Bearish | Mar 23, 2023 | 3 years ago |
| SMA: Bearish | Mar 15, 2023 | 3 years ago |
| SMA: Bullish | Mar 14, 2023 | 3 years ago |
| SMA: Bearish | Mar 13, 2023 | 3 years ago |
| MACD: Sell Signal | Mar 8, 2023 | 3 years ago |
| MACD: Buy Signal | Mar 6, 2023 | 3 years ago |
| MACD: Sell Signal | Feb 6, 2023 | 3 years ago |
| SMA: Bullish | Jan 6, 2023 | 3 years ago |
| SMA: Bullish | Jan 4, 2023 | 3 years ago |
| MACD: Buy Signal | Dec 30, 2022 | 3 years ago |
| SMA: Bearish | Dec 19, 2022 | 3 years ago |
| SMA: Bullish | Dec 13, 2022 | 3 years ago |
| SMA: Bearish | Dec 8, 2022 | 3 years ago |
| SMA: Bearish | Dec 7, 2022 | 3 years ago |
| MACD: Sell Signal | Nov 15, 2022 | 3 years ago |
| MACD: Buy Signal | Nov 14, 2022 | 3 years ago |
| MACD: Sell Signal | Nov 9, 2022 | 3 years ago |
| RSI: Overbought | Oct 31, 2022 | 4 years ago |
| SMA: Bullish | Oct 21, 2022 | 4 years ago |
| SMA: Bearish | Oct 19, 2022 | 4 years ago |
| SMA: Bullish | Oct 18, 2022 | 4 years ago |
| SMA: Bullish | Oct 14, 2022 | 4 years ago |
| MACD: Buy Signal | Oct 11, 2022 | 4 years ago |
| SMA: Bearish | Sep 23, 2022 | 4 years ago |
| RSI: Oversold | Sep 23, 2022 | 4 years ago |
| SMA: Bearish | Sep 20, 2022 | 4 years ago |
| SMA: Bullish | Sep 19, 2022 | 4 years ago |
| SMA: Bearish | Sep 16, 2022 | 4 years ago |
| SMA: Bullish | Sep 9, 2022 | 4 years ago |
| SMA: Bearish | Sep 7, 2022 | 4 years ago |
| MACD: Sell Signal | Aug 30, 2022 | 4 years ago |
| MACD: Buy Signal | Aug 15, 2022 | 4 years ago |
| SMA: Bullish | Aug 10, 2022 | 4 years ago |
| SMA: Bearish | Aug 9, 2022 | 4 years ago |
| MACD: Sell Signal | Aug 8, 2022 | 4 years ago |
| SMA: Bullish | Jul 25, 2022 | 4 years ago |
| SMA: Bearish | Jul 22, 2022 | 4 years ago |
| SMA: Bullish | Jul 19, 2022 | 4 years ago |
| MACD: Buy Signal | Jul 12, 2022 | 4 years ago |
| SMA: Bearish | Jun 15, 2022 | 4 years ago |
| MACD: Sell Signal | Jun 14, 2022 | 4 years ago |
| SMA: Bullish | May 25, 2022 | 4 years ago |
| MACD: Buy Signal | May 25, 2022 | 4 years ago |
| MACD: Sell Signal | May 20, 2022 | 4 years ago |
| SMA: Bearish | May 19, 2022 | 4 years ago |
| MACD: Buy Signal | May 17, 2022 | 4 years ago |
| SMA: Bullish | May 16, 2022 | 4 years ago |
| SMA: Bearish | May 5, 2022 | 4 years ago |
| SMA: Bullish | May 3, 2022 | 4 years ago |
| SMA: Bearish | Apr 29, 2022 | 4 years ago |
| MACD: Sell Signal | Apr 26, 2022 | 4 years ago |
| RSI: Overbought | Apr 20, 2022 | 4 years ago |
| MACD: Buy Signal | Apr 13, 2022 | 4 years ago |
| MACD: Sell Signal | Apr 7, 2022 | 4 years ago |
| MACD: Buy Signal | Mar 23, 2022 | 4 years ago |
| SMA: Bullish | Mar 21, 2022 | 4 years ago |
| SMA: Bearish | Mar 14, 2022 | 4 years ago |
| MACD: Sell Signal | Mar 14, 2022 | 4 years ago |
| MACD: Buy Signal | Mar 2, 2022 | 4 years ago |
| SMA: Bullish | Feb 28, 2022 | 4 years ago |
| SMA: Bearish | Feb 22, 2022 | 4 years ago |
| MACD: Sell Signal | Feb 7, 2022 | 4 years ago |
| MACD: Buy Signal | Jan 31, 2022 | 4 years ago |
| MACD: Sell Signal | Jan 27, 2022 | 4 years ago |
| RSI: Overbought | Jan 14, 2022 | 4 years ago |
Key statistics
- Market cap
- 13.13B
- Enterprise value
- 17.94B
- Trailing P/E
- 13.88
- Forward P/E
- 12.40
- PEG ratio
- 4.13
- Price / sales
- 3.87
- Price / book
- 7.81
- EPS (TTM)
- 4.68
- Beta
- 0.90
- Dividend yield
- 6.55%
- Payout ratio
- 89.10%
- Profit margin
- 33.72%
- Revenue (TTM)
- 3.40B
- Revenue growth
- 28.90%
- Free cash flow
- 1.01B
- Total cash
- 7.40M
- Total debt
- 5.13B
- Return on equity
- 55.74%
- Shares outstanding
- 202.10M
- Short % of float
- 1.80%
- 50-day average
- 60.11
- 200-day average
- 54.11
Analyst view
Consensus: hold
Hold
Price target (mean) 63.05 -8.6% downside
Now 69.00
- Target (low)
- 56.00
- Target (mean)
- 63.05
- Target (high)
- 68.00
Ratings (0m) 16 7 buy · 7 hold · 2 sell
- Strong buy3
- Buy4
- Hold7
- Sell2
- Strong sell0
Next earnings
Oct 26, 2023
Expected Oct 26, 2023. Consensus EPS estimate 1.11.
Financials — quick view
MMP Revenue — quarterly 877.20M
MMP Net income — quarterly 238.70M
MMP EPS — quarterly 1.18
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 26, 2023 | Sep 1, 2023 | 1.21 | — | — | — |
| Aug 3, 2023 | Jun 1, 2023 | 1.10 | — | — | — |
| May 4, 2023 | Mar 1, 2023 | 1.21 | — | — | — |
| Feb 2, 2023 | Dec 1, 2022 | 1.31 | — | — | — |
| Oct 27, 2022 | Sep 1, 2022 | 1.14 | — | — | — |
| Jul 28, 2022 | Jun 1, 2022 | 1.01 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 6, 2023 | Citigroup | reit | Neutral | Neutral |
| May 18, 2023 | Stifel | down | Buy | Hold |
| May 17, 2023 | Citigroup | down | Buy | Neutral |
| May 17, 2023 | RBC Capital | down | Outperform | Sector Perform |
| May 15, 2023 | Mizuho | main | Neutral | Neutral |
| May 8, 2023 | Wells Fargo | main | — | Equal-Weight |
About Magellan Midstream Partners, L.P.
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates refined products pipeline that transports gasoline, diesel and aviation fuel, kerosene, and heating oil to refiners, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. It also provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. In addition, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. Magellan Midstream Partners, L.P. was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- United States
- Website
- magellanlp.com
News
- Pulmatrix Announces First Quarter 2026 Financial Results
- Equinor says MMP energy trading unit's profit exceeds guidance
- Bicycle Therapeutics Announces Presentation of Additional Human Radiopharmaceutical Imaging Data for MT1-MMP at the American Association for Cancer Research Annual Meeting 2025
- Allergan Aesthetics Launches BOTOX® Cosmetic (onabotulinumtoxinA) for Masseter Muscle Prominence (MMP) in Adults in China
- November's 5 Dividend Growth Stocks With 5.57%+ Yields
- ONEOK: Strong Asset Base And The Magellan Deal Add More Fuel
- TortoiseEcofin Announces Revision of Timing of Constituent Changes Due to Corporate Action
- 4 Safe Picks as a Hawkish Fed Spurs Sell-off on Wall Street
- ONEOK Announces Completion of Magellan Midstream Partners Acquisition
- Magellan Holders Now Own ONEOK; There Are Better Values In The Space
Your note
Sign in to keep a note on MMP — it syncs with the Stock Master app.
Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| AARONSON MICHAEL | Officer | Conversion of Exercise of derivative security | Jan 23, 2023 | 38,761 |
| HOLMAN JEFFREY L | Chief Financial Officer | Conversion of Exercise of derivative security | Jan 23, 2023 | 50,679 |
| JOUNG CHANSOO | Director | Stock Award(Grant) | Jan 23, 2023 | 45,863 |
| KORNER LISA J | Officer | Conversion of Exercise of derivative security | Jan 23, 2023 | 90,354 |
| MAY DOUGLAS J | Officer | Conversion of Exercise of derivative security | Jan 23, 2023 | 71,521 |
| METHVIN STACY P | Director | Stock Award(Grant) | Jan 23, 2023 | 14,620 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps Advisors Inc. | 7.65% | 15,469,185 | 1.01B | Mar 30, 2023 |
| Janus Henderson Group PLC | 3.83% | 7,736,550 | 502.72M | Mar 30, 2023 |
| Invesco Ltd. | 3.78% | 7,641,701 | 496.56M | Mar 30, 2023 |
| Energy Income Partners, LLC | 3.12% | 6,315,186 | 410.36M | Mar 30, 2023 |
| Goldman Sachs Group Inc | 3.07% | 6,204,328 | 403.16M | Mar 30, 2023 |
| Morgan Stanley | 2.08% | 4,198,218 | 272.80M | Mar 30, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps ETF Tr-Alerian MLP ETF | 6.73% | 13,677,411 | 888.76M | Nov 29, 2022 |
| Janus Henderson Enterprise Fund | 3.52% | 7,147,831 | 464.47M | Dec 30, 2022 |
| Invesco Steelpath MLP Income Fund | 1.87% | 3,809,387 | 247.53M | Nov 29, 2022 |
| First Trust North American Energy Infrastructure Fund | 1.37% | 2,790,483 | 181.33M | Mar 30, 2023 |
| Global X Fds-Global X MLP ETF | 1.26% | 2,563,508 | 166.58M | Mar 30, 2023 |
| Goldman Sachs Tr-Goldman Sachs MLP Energy Infrastructure Fund | 0.97% | 1,977,293 | 128.48M | Feb 27, 2023 |