BP Midstream Partners LP (BPMP)
| Market Cap | 1.36B |
| Revenue (ttm) | 130.97M |
| Net Income (ttm) | 175.25M |
| Shares Out | 104.80M |
| EPS (ttm) | 1.63 |
| PE Ratio | 7.96 |
| Forward PE | 6.70 |
| Dividend | $1.39 |
| Dividend Yield | 10.73% |
| Trading Day | January 15 |
| Last Price | $12.95 |
| Previous Close | $13.03 |
| Change ($) | -0.08 |
| Change (%) | -0.61% |
| Day's Open | 12.97 |
| Day's Range | 12.59 - 13.05 |
| Day's Volume | 453,287 |
| 52-Week Range | 6.26 - 14.98 |
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BP Midstream Partners' (BPMP) Management on Q1 2019 Results - Earnings Call Transcript
The oil giant’s high-yielding payout pales in comparison with its midstream arm.
About BPMP
BP Midstream Partners LP owns, acquires, develops, and operates pipelines and other midstream assets in the United States. It owns onshore crude oil pipeline system, onshore refined products pipeline system, onshore diluent pipeline system, refined product terminalling system, and offshore natural gas pipeline system, as well as interests in five offshore crude oil pipeline systems. BP Midstream Partners GP LLC serves as a general partner of BP Midstream Partners LP. The company was founded in 2017 and is based in Houston, Texas.
| Industry Oil & Gas Midstream | IPO Date Oct 26, 2017 |
| CEO Robert P. Zinsmeister | Country United States |
| Stock Exchange NYSE | Ticker Symbol BPMP |
Financial Performance
In 2019, BPMP's revenue was $128.47 million, an increase of 10.33% compared to the previous year's $116.44 million. Earnings were $167.88 million, an increase of 26.17%.
Analyst Forecasts
According to 7 analysts, the average rating for BPMP stock is "Buy." The 12-month stock price forecast is 13.21, which is an increase of 2.01% from the latest price.