Magellan Midstream Partners L.P. Limited Partnership (MMP) News
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MMP News Highlights
- MMP's 30 day story count now stands at 21.
- Over the past 25 days, the trend for MMP's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
- BP, DCP and ESP are the most mentioned tickers in articles about MMP.
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.
Co-Produced with Treading Softly I love a good deal. Is there anything more enjoyable than finding something on sale? Sometimes you can be fooled into a deal. Some stores have "sales" perpetually where they mark up the price to something that nobody ever paid, only to reduce it for a...
If you are looking for an energy stock, this trio offers generous yields and reliable businesses. Buy and hold is the name of the game.
Investment company Quadrant Private Wealth Management, LLC (Current Portfolio) buys VanEck Gold Miners ETF, The Walt Disney Co, Amgen Inc, iShares Russell 1000 Growth ETF, Southern Copper Corp, sells Oracle Corp, Costco Wholesale Corp, AT&T Inc, BTC iShares Core MSCI EAFE ETF, Dimensional U.S.
Magellan Midstream Partners (NYSE: MMP) is a ~$10 billion mid-size midstream company that normally flies under the radar versus larger peers such as Energy Transfer (NYSE: ET). The company operates a multi-decade portfolio of energy infrastructure that has the ability to provide reliable cash flow and future shareholder returns. Midstream...
Enterprise Products Partners And Magellan Midstream Partners: 2 Best-Of-Breed MLPs For Your Consideration
No summary available.
Magellan Midstream (MMP) assumes a 4% improvement in total refined products shipments for 2022 over 2021.
Mizuho Securities analyst Gabe Moreen maintained a Hold rating on Magellan Midstream (MMP – Research Report) yesterday and set a price target of $50.00. The company's shares closed last Thursday at $49.36. According to TipRanks.com, Moreen is a 3-star analyst with an average return of 2.4% and a 65.4% success rate. Moreen covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and BP Midstream Partners. Currently, the analyst consensus on Magellan Midstream is a Hold with an average price target of $50.86, implying a 2.1% upside from current levels.
Magellan Midstream Partners Non-GAAP EPS of $1.24 beats by $0.16, revenue of $809.3M beats by $153.64M
Magellan Midstream Partners press release (NYSE:MMP): Q4 Non-GAAP EPS of $1.24 beats by $0.16. Revenue of $809.3M (+45.1% Y/Y) beats by $153.64M. Management currently expects the partnership to generate annual DCF of $1.075B for 2022, which is lower than 2021 results primarily due to reduced earnings associated with recently completed...
Investment company Grace Capital (Current Portfolio) buys Vanguard Consumer Discretionary ETF, Tesla Inc, Jasper Therapeutics Inc, Alphabet Inc, Blueknight Energy Partners LP, sells Vanguard Real Estate Index Fund ETF, Vanguard Health Care ETF, SPDR Bloomberg High Yield Bond ETF, SPDR Blackstone Senior Loan ETF, iShares TIPS Bond ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Grace Capital.
Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $244 million for fourth quarter 2021 compared to $184 million for fourth quarter 2020. Diluted net income per common unit was $1.14 in fourth quarter 2021 and 82 cents in fourth quarter 2020.