Magellan Midstream Partners, L.P. (MMP)
|Net Income (ttm)||922.25M|
|Ex-Dividend Date||Nov 4, 2021|
|Day's Range||47.00 - 48.16|
|52-Week Range||39.93 - 53.85|
|Price Target||53.37 (+12.3%)|
|Earnings Date||Feb 2, 2022|
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 through Refined Products and Crude Oil segments. It operates refined products pipeline that transports gasoline, diesel fuel, 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 d... [Read more...]
Financial PerformanceFinancial Statements
According to 21 analysts, the average rating for MMP stock is "Hold." The 12-month stock price forecast is 53.37, which is an increase of 12.33% from the latest price.
TULSA, Okla., Jan. 4, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P.
With yields ranging from 5% to 9%, these stocks are no-brainers that will compound dividend growth for decades to come.
Higher commodity prices have made midstream energy operators financially stronger and healthier. This has allowed the likes of EPD, MPLX, MMP, PAA and WES to increase stockholder returns through buybacks.
Magellan Midstream Extends Open Season for Potential Kansas-to-Colorado Refined Products Pipeline Expansion to Dec. 22
TULSA, Okla., Dec. 15, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P.
Lower production volumes of the commodities owing to dented fuel demand and conservative capital spending by upstream players have hurt demand for partnerships' midstream assets. EPD, ET and MMP are sur...
TULSA, Okla., Dec. 6, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P.
Magellan Midstream (MMP) reported earnings 30 days ago. What's next for the stock?
Retirees could live off dividends by owning stock in these companies.
These travel-related companies stand to profit from this year's surge in holiday travel.
Magellan Midstream's (MMP) distributable cash flow (DCF) of $277 million in the third quarter rises 6.9% from the year-ago level.
Magellan Midstream Launches Open Season for Potential Kansas-to-Colorado Refined Products Pipeline Expansion
TULSA, Okla., Nov. 18, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P.
If you like simple businesses with high yields, then this sector is worth examining. And these are three of the best names to focus on.
Investors need not worry about these stocks, yielding from just over 3% to nearly 9%, being yield traps.
Magellan Midstream is trying to put investor concerns to rest about one of the most important things it does. Here's what you need to know.
TULSA, Okla., Nov. 2, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P.
Magellan Midstream Increases Quarterly Cash Distribution to $1.0375, Announces Completion of Previous Equity Repurcha...
TULSA, Okla., Oct. 20, 2021 /PRNewswire/ -- The board of directors of Magellan Midstream Partners, L.P.
TULSA, Okla., Sept. 30, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P.
The COVID-19 restrictions are easing, but there are still factors like tapering and rate hike that could weigh on the market in the upcoming months. Amidst the concern, Gilman Hill's Jenny Harrington se...
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The favorable macro environment has helped midstream energy operators like MPLX, PAA, and MMP to generate significant "excess cash", which they have been using to increase stockholder returns through bu...
TULSA, Okla., Sept. 2, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P.
TULSA, Okla., Aug. 9, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P.
Magellan Midstream's (MMP) distributable cash flow (DCF) of $268 million in the second quarter rises 27.9% from the year-ago level.