Magellan Midstream Partners LP logo

MMP - Magellan Midstream Partners LP Share Price

$42.58 -1.3  -2.9%

Last Trade - 25/02/21

Sector
Energy
Size
Large Cap
Market Cap £6.93bn
Enterprise Value £10.44bn
Revenue £1.72bn
Position in Universe 938th / 6709
Bullish
Bearish
Unlock MMP Revenue
Momentum
Relative Strength (%)
1m -4.03%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -24.5%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
2,188 2,205 2,508 2,827 2,728 2,428 3,024 3,193 +2.1%
-2.5 -2.1 +5.9 +15.0 +1.9 -17.1 +32.3 +2.09
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, MagellanMidstream Partners, L.P. revenues decreased 11% to $2.43B.Net income decreased 20% to $817M. Revenues reflect RefinedProducts segment decrease of 12% to $1.83B, Crude Oilsegment decrease of 8% to $607.6M. Net income also reflectsCrude Oil segment income decrease of 25% to $369.4M,Refined Products segment income decrease of 6% to $664.6M.Dividend per share increased from $4.04 to $4.11.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for MMP
Graphical History

Revenue

MMP Revenue Unlock MMP Revenue

Net Income

MMP Net Income Unlock MMP Revenue

Normalised EPS

MMP Normalised EPS Unlock MMP Revenue

PE Ratio Range

MMP PE Ratio Range Unlock MMP Revenue

Dividend Yield Range

MMP Dividend Yield Range Unlock MMP Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
MMP EPS Forecasts Unlock MMP Revenue
Profile Summary

Magellan Midstream Partners, L.P. is principally engaged in the transportation, storage and distribution of refined petroleum products and crude oil. The Company operates through three segments: refined products, crude oil and marine storage. As of December 31, 2016, its asset portfolio, including the assets of its joint ventures, consisted of its refined products segment, consisting 9,700-mile refined products pipeline system with 53 terminals, as well as 26 independent terminals not connected to its pipeline system and its 1,100-mile ammonia pipeline system; its crude oil segment, consisted of approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 26 million barrels, of which 16 million are used for contract storage, and its marine storage segment, consisted of five marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated August 30, 2000
Public Since February 6, 2001
No. of Shareholders: 150,000
No. of Employees: 1,720
Sector Energy
Industry Oil & Gas Related Equipment and Services
Index
Exchange New York Stock Exchange
Shares in Issue 223,282,818
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MMP Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for MMP
Upcoming Events for MMP
Thursday 29th April, 2021 Estimate
Q1 2021 Magellan Midstream Partners LP Earnings Release
Frequently Asked Questions for Magellan Midstream Partners LP
What is the Magellan Midstream Partners LP share price?

As of 25/02/21, shares in Magellan Midstream Partners LP are trading at $42.58, giving the company a market capitalisation of £6.93bn. This share price information is delayed by 15 minutes.

How has the Magellan Midstream Partners LP share price performed this year?

Shares in Magellan Midstream Partners LP are currently trading at $42.58 and the price has moved by -24.12% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Magellan Midstream Partners LP price has moved by -39.07% over the past year.

What are the analyst and broker recommendations for Magellan Midstream Partners LP?

Of the analysts with advisory recommendations for Magellan Midstream Partners LP, there are there are currently 4 "buy" , 10 "hold" and 1 "sell" recommendations. The overall consensus recommendation for Magellan Midstream Partners LP is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Magellan Midstream Partners LP next release its financial results?

Magellan Midstream Partners LP is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Magellan Midstream Partners LP dividend yield?

The Magellan Midstream Partners LP dividend yield is 9.37% based on the trailing twelve month period.

Does Magellan Midstream Partners LP pay a dividend?

Last year, Magellan Midstream Partners LP paid a total dividend of 4.11, and it currently has a trailing dividend yield of 9.37%. Looking ahead, Magellan Midstream Partners LP has not announced an ex-dividend date yet.

When does Magellan Midstream Partners LP next pay dividends?

Magellan Midstream Partners LP has yet to annouce their ex-dividend date. The historic dividend yield on Magellan Midstream Partners LP shares is currently 9.37%.

How do I buy Magellan Midstream Partners LP shares?

To buy shares in Magellan Midstream Partners LP you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Magellan Midstream Partners LP?

Shares in Magellan Midstream Partners LP are currently trading at $42.58, giving the company a market capitalisation of £6.93bn.

Where are Magellan Midstream Partners LP shares listed? Where are Magellan Midstream Partners LP shares listed?

Here are the trading details for Magellan Midstream Partners LP:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: MMP
What kind of share is Magellan Midstream Partners LP?

Based on an overall assessment of its quality, value and momentum, Magellan Midstream Partners LP is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Magellan Midstream Partners LP share price forecast 2021?

Shares in Magellan Midstream Partners LP are currently priced at $42.58. At that level they are trading at 56% discount to the analyst consensus target price of 0.00.

Analysts covering Magellan Midstream Partners LP currently have a consensus Earnings Per Share (EPS) forecast of 4.793 for the next financial year.

How can I tell whether the Magellan Midstream Partners LP share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Magellan Midstream Partners LP. Over the past six months, the relative strength of its shares against the market has been 0.95%. At the current price of $42.58, shares in Magellan Midstream Partners LP are trading at 6.38% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Magellan Midstream Partners LP PE Ratio?

The Magellan Midstream Partners LP PE ratio based on its reported earnings over the past 12 months is 12.11. The shares are currently trading at $42.58.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Magellan Midstream Partners LP?

Magellan Midstream Partners LP's management team is headed by:

Michael Mears - CHM
Lisa Korner - SVP
Walter Arnheim - IND
Robert Croyle - IND
Douglas May - SVP
Robert Barnes - SVP
Aaron Milford - COO
Michael Aaronson - SVP
Lori Gobillot - IND
Edward Guay - IND
Jeffrey Holman - CFO
Chansoo Joung - IND
Melanie Little - SVP
Michael Pearson - SVP
Who are the major shareholders of Magellan Midstream Partners LP?

Here are the top five shareholders of Magellan Midstream Partners LP based on the size of their shareholding:

Invesco Advisers, Inc. Investment Advisor
Percentage owned: 4.61% (10.3m shares)
Alps Advisors, Inc. Investment Advisor/Hedge Fund
Percentage owned: 4.51% (10.1m shares)
Alps Alerian MLP ETF Mutual Fund
Percentage owned: 4.34% (9.69m shares)
Harvest Fund Advisors LLC Investment Advisor/Hedge Fund
Percentage owned: 3.98% (8.88m shares)
Tortoise Capital Advisors, LLC Investment Advisor
Percentage owned: 3.96% (8.84m shares)
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