Magellan Midstream Partners L.P. Limited Partnership (MMP): Price and Financial Metrics
Magellan Midstream Partners L.P. Limited Partnership (MMP)
Today's Latest Price: $34.62 USD
Updated Sep 30 2:32pm
Add MMP to WatchlistSign Up
POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 56 in MLPs - Oil & Gas
See all "A" rated Strong Buy stocks
MMP Stock Summary
- MMP has a market capitalization of $7,854,464,416 -- more than approximately 82.84% of US stocks.
- MMP's current price/earnings ratio is 8.01, which is higher than merely 14.19% of US stocks with positive earnings.
- The ratio of debt to operating expenses for Magellan Midstream Partners LP is higher than it is for about 93.52% of US stocks.
- Stocks that are quantitatively similar to MMP, based on their financial statements, market capitalization, and price volatility, are RESI, PLNT, MESA, BBGI, and FRO.
- MMP's SEC filings can be seen here. And to visit Magellan Midstream Partners LP's official web site, go to www.magellanlp.com.
MMP Stock Price Chart Technical Analysis Charts
MMP Price/Volume Stats
| Current price | $34.62 | 52-week high | $66.48 |
| Prev. close | $34.90 | 52-week low | $22.02 |
| Day low | $34.60 | Volume | 503,745 |
| Day high | $35.52 | Avg. volume | 1,617,802 |
| 50-day MA | $38.89 | Dividend yield | 11.78% |
| 200-day MA | $46.05 | Market Cap | 7.79B |
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: |
| $34.62 | $20.52 | -41% |
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 33th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 40.83%. The most interesting components of our discounted cash flow analysis for Magellan Midstream Partners LP ended up being:
- The company's compound free cash flow growth rate over the past 5.45 years comes in at -0.05%; that's greater than only 19.28% of US stocks we're applying DCF forecasting to.
- Magellan Midstream Partners LP's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 5.62% 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 only 13.65% of stocks in its sector (Energy).
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -42% |
| 1% | -42% |
| 2% | -41% |
| 3% | -41% |
| 4% | -40% |
| 5% | -39% |
Want more companies with a valuation profile/forecast similar to that of Magellan Midstream Partners LP? See NOV, PBR, VLO, BTE, and FET.
Loading social stream, please wait...