Magellan Midstream Partners L.P. Limited Partnership (MMP): Price and Financial Metrics


Magellan Midstream Partners L.P. Limited Partnership (MMP): $52.70

-0.02 (-0.04%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MMP POWR Grades

  • MMP scores best on the Momentum dimension, with a Momentum rank ahead of 95.76% of US stocks.
  • The strongest trend for MMP is in Quality, which has been heading up over the past 179 days.
  • MMP ranks lowest in Growth; there it ranks in the 9th percentile.

MMP Stock Summary

  • The ratio of debt to operating expenses for MAGELLAN MIDSTREAM PARTNERS LP is higher than it is for about 92.72% of US stocks.
  • In terms of volatility of its share price, MMP is more volatile than just 0.84% of stocks we're observing.
  • MAGELLAN MIDSTREAM PARTNERS LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 12.32%, greater than the shareholder yield of 86.65% of stocks in our set.
  • Stocks that are quantitatively similar to MMP, based on their financial statements, market capitalization, and price volatility, are SPH, EHC, NFE, PBA, and GTY.
  • 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 Valuation Summary

  • In comparison to the median Energy stock, MMP's EV/EBIT ratio is 19% higher, now standing at 11.9.
  • MMP's price/sales ratio has moved up 0.7 over the prior 243 months.

Below are key valuation metrics over time for MMP.

Stock Date P/S P/B P/E EV/EBIT
MMP 2022-11-23 3.4 6.1 9.8 11.9
MMP 2022-11-22 3.4 6.2 9.9 12.1
MMP 2022-11-21 3.4 6.0 9.7 11.9
MMP 2022-11-18 3.4 6.1 9.7 11.9
MMP 2022-11-17 3.3 6.0 9.6 11.8
MMP 2022-11-16 3.4 6.1 9.7 11.9

MMP Growth Metrics

    Its 4 year net cashflow from operations growth rate is now at 55.52%.
  • The 2 year cash and equivalents growth rate now stands at -92.44%.
  • The 3 year price growth rate now stands at -21.76%.
Over the past 33 months, MMP's revenue has gone up $420,817,000.

The table below shows MMP's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 3,148.729 1,105.923 1,093.066
2022-06-30 2,911.683 1,000.545 999.665
2022-03-31 2,776.726 1,056.361 926.182
2021-12-31 2,733.1 1,196.2 982
2021-09-30 2,540.094 1,146.35 922.254
2021-06-30 2,499.304 1,137.08 897.293

MMP's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • MMP has a Quality Grade of B, ranking ahead of 86.33% of graded US stocks.
  • MMP's asset turnover comes in at 0.304 -- ranking 65th of 137 Transportation stocks.
  • JBLU, EXPE, and ALK are the stocks whose asset turnover ratios are most correlated with MMP.

The table below shows MMP's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.304 0.537 0.089
2021-03-31 0.282 0.553 0.078
2020-12-31 0.298 0.541 0.086
2020-09-30 0.314 0.538 0.094
2020-06-30 0.319 0.541 0.100
2020-03-31 0.349 0.536 0.109

MMP Price Target

For more insight on analysts targets of MMP, see our MMP price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $51.11 Average Broker Recommendation 1.73 (Moderate Buy)

MMP Stock Price Chart Interactive Chart >

Price chart for MMP

MMP Price/Volume Stats

Current price $52.70 52-week high $54.40
Prev. close $52.72 52-week low $43.58
Day low $52.51 Volume 1,800,400
Day high $53.27 Avg. volume 1,051,441
50-day MA $50.48 Dividend yield 7.95%
200-day MA $49.99 Market Cap 10.80B

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 Latest News 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.

Find Safety, High Yield in These 3 Master Limited Partnerships

Here, we'll discuss three high-yield master limited partnerships that offer above-average distribution yields with a wide margin of safety. Magellan Midstream Partners has the longest pipeline system of refined products in the U.S. Its pipeline network is linked to nearly half of the total U.S. refining capacity. The transportation and storage of refined products generates 65% of total operating income, while the transportation and storage of crude oil generates the remaining 35% of operating income.

Yahoo | November 26, 2022

Zacks Industry Outlook Highlights Enterprise Products Partners, Energy Transfer and Magellan Midstream Partners

Enterprise Products Partners, Energy Transfer and Magellan Midstream Partners have been highlighted in this Industry Outlook article.

Yahoo | November 17, 2022

3 Oil & Gas Pipeline Stocks to Gain Amid a Challenging Industry

Conservative capital spending by upstream players and possibilities for soft fuel demand could hurt demand for partnerships' midstream assets. EPD, ET and MMP are surviving the industry challenges.

Yahoo | November 16, 2022

Potential Biden Plan to Stock Up On Diesel May Bring Price Surge

(Bloomberg) -- US President Joe Biden is considering forcing the nation’s fuel suppliers to keep a minimum level of inventory in tanks this winter as a means of preventing heating oil shortages and keeping prices affordable. It may actually do the opposite. Most Read from BloombergUkraine Latest: Biden Says Missile Likely Not Fired From RussiaTrump Makes His 2024 Run Official, Defies Calls to Move OnPoland Says Russian-Made Missile Hit Territory and Killed Two PeopleMusk Steps Up Purge of Twitte

Yahoo | November 15, 2022

15 Biggest Midstream Companies Heading into 2023

In this piece, we will take a look at the 15 biggest midstream companies heading into 2023. If you want to skip our introduction to the industry and jump ahead to the top five stocks in this list, then take a look at 5 Biggest Midstream Companies Heading Into 2023. The oil and gas industry […]

Yahoo | November 15, 2022

Read More 'MMP' Stories Here

MMP Price Returns

1-mo 0.33%
3-mo 4.53%
6-mo 4.88%
1-year 25.03%
3-year 17.02%
5-year 14.03%
YTD 23.14%
2021 19.57%
2020 -25.73%
2019 17.60%
2018 -14.90%
2017 -1.56%

MMP Dividends

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Continue Researching MMP

Here 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

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