Magellan Midstream Partners L.P. Limited Partnership (MMP): Price and Financial Metrics
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MMP POWR Grades
- MMP scores best on the Quality dimension, with a Quality rank ahead of 85.35% of US stocks.
- The strongest trend for MMP is in Momentum, which has been heading up over the past 206 days.
- MMP ranks lowest in Sentiment; there it ranks in the 16th percentile.
MMP Stock Summary
- With a market capitalization of $10,835,915,158, Magellan Midstream Partners LP has a greater market value than 82.53% of US stocks.
- The ratio of debt to operating expenses for Magellan Midstream Partners LP is higher than it is for about 93.08% of US stocks.
- The volatility of Magellan Midstream Partners LP's share price is greater than that of just 16.93% US stocks with at least 200 days of trading history.
- Stocks that are quantitatively similar to MMP, based on their financial statements, market capitalization, and price volatility, are WES, BRX, LSI, OHI, and STOR.
- Visit MMP's SEC page to see the company's official filings. To visit the company's web site, go to www.magellanlp.com.
MMP Stock Price Chart Interactive Chart >
MMP Price/Volume Stats
|Current price||$49.79||52-week high||$49.98|
|Prev. close||$49.08||52-week low||$32.61|
|Day high||$49.98||Avg. volume||1,556,944|
|50-day MA||$45.70||Dividend yield||8.37%|
|200-day MA||$41.80||Market Cap||11.12B|
Magellan Midstream Partners L.P. Limited Partnership (MMP) Company Bio
Magellan Midstream Partners LP engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates in three segments: Refined Products, Crude Oil, and Marine Storage. The company was founded in 2000 and is based in Tulsa, Oklahoma.
MMP Price Forecast Based on DCF Valuation
|Current Price||DCF Fair Value Target:||Forecasted Gain:|
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Magellan Midstream Partners LP. To summarize, we found that Magellan Midstream Partners LP ranked in the 41th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 43.5%. As for the metrics that stood out in our discounted cash flow analysis of Magellan Midstream Partners LP, consider:
- Magellan Midstream Partners LP's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 6.29% of tickers in our DCF set.
- The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 10.54% of stocks in its sector (Energy).
|Terminal Growth Rate in Free Cash Flow||Return Relative to Current Share Price|
MMP Latest News Stream
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MMP Latest Social Stream
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Latest MMP News From Around the Web
Below are the latest news stories about Magellan Midstream Partners LP that investors may wish to consider to help them evaluate MMP as an investment opportunity.
These oil stocks are fairly valued following surge in gas prices
Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears, chief executive officer, is scheduled to participate in a question and answer session about Magellan at the 2021 Investor Conference hosted by the Energy Infrastructure Council at 9:30 a.m. Pacific Time on Wednesday, May 19 in Las Vegas, Nevada.
After a two-decade run, Magellan's distribution increase streak is likely to end this year. It's a sign that investors need to start worrying.
Magellan Midstream's (MMP) distributable cash flow (DCF) of $276.5 million in the first quarter drops 9.8% from the year-ago level.
Cheap stocks are hard to find, but there's one out-of-favor sector full of them. Here's a trio of low-priced and high-yield midstream names.
MMP Price Returns
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Continue Researching MMPHere are a few links from around the web to help you further your research on Magellan Midstream Partners LP's stock as an investment opportunity:
Magellan Midstream Partners LP (MMP) Stock Price | Nasdaq
Magellan Midstream Partners LP (MMP) Stock Quote, History and News - Yahoo Finance
Magellan Midstream Partners LP (MMP) Stock Price and Basic Information | MarketWatch