Magellan Midstream Partners L.P. Company Profile (NYSE:MMP)

Analyst Ratings

Consensus Ratings for Magellan Midstream Partners L.P. (NYSE:MMP) (?)
Ratings Breakdown: 1 Sell Rating(s), 6 Hold Rating(s), 8 Buy Rating(s), 1 Strong Buy Rating(s)
Consensus Rating:Buy (Score: 2.56)
Consensus Price Target: $77.96 (5.97% upside)

Analysts' Ratings History for Magellan Midstream Partners L.P. (NYSE:MMP)
Show:
DateFirmActionRatingPrice TargetActions
7/13/2016Ladenburg ThalmannInitiated CoverageBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/14/2016Seaport Global SecuritiesInitiated CoverageBuy$82.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/16/2016JPMorgan Chase & Co.Lower Price TargetNeutral$82.00 -> $78.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/13/2016Credit Suisse Group AGReiterated RatingSell$70.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/10/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/5/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/29/2016Royal Bank Of CanadaBoost Price TargetOutperform$61.00 -> $69.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/4/2016WunderlichDowngradeBuy -> Hold$68.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/9/2016Mitsubishi UFJ Financial GroupInitiated CoverageNeutral$83.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/25/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$71.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/5/2016Barclays PLCLower Price TargetOverweight$84.00 -> $82.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/4/2016Raymond James Financial Inc.UpgradeOutperform -> Strong-Buy$75.00 -> $78.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/16/2015DA DavidsonInitiated CoverageBuy$85.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/2/2015Citigroup Inc.Lower Price TargetBuy$95.50 -> $93.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/11/2015Goldman Sachs Group Inc.Lower Price TargetNeutral$83.00 -> $70.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/10/2015ArgusLower Price TargetBuy$90.00 -> $85.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/4/2014Bank of America Corp.Reiterated RatingBuy$88.00 -> $90.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/25/2014 forward)

Earnings

Earnings History for Magellan Midstream Partners L.P. (NYSE:MMP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/4/2016        
5/4/2016Q116$0.84$0.87$558.10 million$530.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/4/2016Q415$0.91$0.91$628.00 million$573.05 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q315$0.73$0.86$518.54 million$577.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2015Q215$0.73$0.78$504.02 million$496.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2015Q115$0.93$0.83$631.54 million$522.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/5/2015Q414$0.93$1.10$599.10 million$667.07 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2014Q314$0.66$0.87$484.30 million$443.84 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2014Q214$0.71$0.70$503.27 million$496.45 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2014Q114$0.67$1.07$509.20 million$618.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/4/2014Q413$0.82$0.83$552.95 million$190.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2013Q313$0.58$0.55$424.60 million$443.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2013Q2 2013$0.53$0.65$461.90 million$443.92 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2013Q1 2013$0.48$0.51$515.03 million$432.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/5/2013Q4 2012$0.65$0.58$505.26 million$486.93 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2012Q312$0.44$0.35$468.27 million$435.51 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2012$0.91$1.01ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2012$0.92$0.83ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/7/2012$0.96$0.97ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/2/2011$0.72$0.79ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/3/2011$0.82$0.91ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/4/2011$0.76$0.80ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/2/2011$0.77$0.78ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magellan Midstream Partners L.P. (NYSE:MMP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.81$0.88$0.85
Q2 20163$0.64$0.83$0.74
Q3 20163$0.87$0.89$0.88
Q4 20163$0.92$1.05$0.99
Q1 20172$0.87$0.97$0.92
Q2 20172$0.90$0.96$0.93
Q3 20172$0.91$1.00$0.96
Q4 20172$0.93$1.07$1.00
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Magellan Midstream Partners L.P. (NYSE:MMP)
Annual Dividend:$3.21
Dividend Yield:4.36%
Payout Ratio:86.76% (Based on Trailing 12 Months of Earnings)
93.04% (Based on Current Year Consensus EPS Estimate)
84.92% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:17.80% (3 Year Average)

Dividend History for Magellan Midstream Partners L.P. (NYSE:MMP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
7/21/2016quarterly$0.824.46%7/28/20168/1/20168/12/2016Tweet This Announcement  Share This Announcement on StockTwits
4/21/2016quarterly$0.804.59%4/28/20165/2/20165/13/2016Tweet This Announcement  Share This Announcement on StockTwits
1/27/2016quarterly$0.794.85%2/3/20162/5/20162/12/2016Tweet This Announcement  Share This Announcement on StockTwits
10/22/2015quarterly$0.764.77%10/29/201511/2/201511/13/2015Tweet This Announcement  Share This Announcement on StockTwits
7/24/2015quarterly$0.744.3%8/5/20158/7/20158/14/2015Tweet This Announcement  Share This Announcement on StockTwits
4/23/2015quarterly$0.723.49%4/30/20155/4/20155/15/2015Tweet This Announcement  Share This Announcement on StockTwits
1/27/2015$0.702/4/20152/6/20152/13/2015Tweet This Announcement  Share This Announcement on StockTwits
10/22/2014quarterly$0.673.29%11/5/201411/7/201411/14/2014Tweet This Announcement  Share This Announcement on StockTwits
7/24/2014quarterly$0.643.02%7/31/20148/4/20148/14/2014Tweet This Announcement  Share This Announcement on StockTwits
4/24/2014quarterly$0.613.36%5/6/20145/8/20145/15/2014Tweet This Announcement  Share This Announcement on StockTwits
1/28/2014quarterly$0.593.59%2/5/20142/7/20142/14/2014Tweet This Announcement  Share This Announcement on StockTwits
10/25/2013quarterly$0.563.71%11/5/201311/7/201311/14/2013Tweet This Announcement  Share This Announcement on StockTwits
7/25/2013quarterly$0.533.82%8/5/20138/7/20138/14/2013Tweet This Announcement  Share This Announcement on StockTwits
4/25/2013quarterly$0.513.84%5/6/20135/8/20135/15/2013Tweet This Announcement  Share This Announcement on StockTwits
1/22/2013quarterly$0.504.13%2/4/20132/6/20132/14/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Magellan Midstream Partners L.P. (NYSE:MMP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/6/2016Jeff R SelvidgeSVPSell5,504$72.00$396,288.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/4/2016Michael N MearsCEOSell20,000$70.71$1,414,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/2/2016Jeff R SelvidgeSVPSell7,500$67.80$508,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/29/2016Douglas J MaySVPSell8,000$68.25$546,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/21/2015Robert L BarnesSVPSell3,600$81.86$294,696.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/27/2015Douglas J MaySVPSell4,800$82.29$394,992.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/20/2015Jeff R SelvidgeSVPSell7,500$82.50$618,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/13/2015Lisa J KornerSVPSell12,000$80.32$963,840.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/21/2014Lisa J KornerSVPSell6,066$87.06$528,105.96View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/19/2014Brett C RileySVPSell15,000$88.00$1,320,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/19/2014Michael N MearsCEOSell20,000$88.01$1,760,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/14/2014Brett C RileySVPSell20,000$85.91$1,718,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/12/2014Robert L BarnesSVPSell1,800$85.68$154,224.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/16/2014Jeff R SelvidgeSVPSell7,000$83.00$581,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/6/2014Michael N MearsCEOSell20,000$84.01$1,680,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/6/2014Lisa KornerSVPSell20,000$69.21$1,384,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/26/2013Brett RileySVPSell20,000$62.22$1,244,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/21/2013Jeff SelvidgeSVPSell3,111$55.14$171,540.54View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Magellan Midstream Partners L.P. (NYSE:MMP)
DateHeadline
07/22/16 05:06 PMDCP Midstream Partners, LP (DPM) Stock Rating Lowered by Ladenburg Thalmann
07/22/16 05:06 PMLadenburg Thalmann Upgrades American Midstream Partners LP to Buy
07/22/16 05:06 PMMagellan Midstream Partners : Increases Quarterly Cash Distribution to 82 Cents
07/22/16 05:06 PMMagellan Midstream Partners L.P. (MMP) Declares Dividend Increase - $0.82 Per Share
07/22/16 08:11 AMMagellan Midstream Increases Quarterly Money Distribution to 82 Cents. South Carolina SC
07/22/16 08:11 AMMagellan Midstream Increases Quarterly Cash Distribution to 82 Cents
07/22/16 07:10 AMMagellan Midstream Partners LP breached its 50 day moving average in a Bearish Manner : MMP-US : July 22, 2016 -
07/21/16 05:30 PMStock Strength in Focus for Magellan Midstream Partners LP (NYSE:MMP) - Press Telegraph
07/21/16 05:30 PMEquity Roundup: Stock Performance Focus on Magellan Midstream Partners L.P. (NYSE:MMP) - Press Telegraph
07/21/16 05:30 PMTortoise Capital Advisors LLC Decreased Stake in Magellan Midstream Prtnrs LP (NYSE:MMP) by $107.72 Million as ... - Press Telegraph
07/21/16 05:30 PMToday's Top Gainers in the Market Magellan Midstream Partners LP (NYSE:MMP) from Basic Materials - The Daily Leicester
07/21/16 05:30 PMSalient Trust Co Lta buys $5635143 stake in Magellan Midstream Partners L.P. (MMP) - Trade Calls
07/20/16 05:55 PMHow Are EPD’s Segments Expected to Perform in 2Q16?
07/19/16 03:56 PMAfter 4-Month Run-Up, Are MLPs Still Cheap? -
07/18/16 05:21 PMMagellan Midstream to build Texas marine terminal
07/18/16 10:32 AMMagellan Midstream Plans to Build $335 million Terminal in Pasadena
07/17/16 09:32 AMBetter Buy: Magellan Midstream Partners LP vs. Kinder Morgan - Motley Fool
07/17/16 09:32 AMShare Performance Summary for: Magellan Midstream Partners LP (NYSE:MMP) - Press Telegraph
07/16/16 08:36 AMMagellan Midstream to build new $335M Pasadena marine terminal
07/16/16 08:36 AMMagellan Midstream Partners to build $335 million marine terminal in Pasadena
07/15/16 04:18 PMMagellan Midstream Partners L.P. (NYSE:MMP) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/15/16 04:18 PMMagellan Midstream to Build Marine Terminal for $335 Million - Nasdaq
07/15/16 09:42 AMAnalyst Target and Average Rating Watch: Magellan Midstream Partners L.P. (NYSE:MMP) - Press Telegraph
07/14/16 05:29 PMBuy or Hold? What are Analysts Saying About Magellan Midstream Partners LP (NYSE:MMP) - Telanagana Press
07/14/16 05:29 PMTrading Performance and Target Watch for Magellan Midstream Partners L.P. (NYSE:MMP) - Press Telegraph
07/14/16 05:29 PMSearle Lowers stake in Magellan Midstream Partners L.P. (MMP) - Trade Calls
07/14/16 01:50 PMMidstream company to build Houston Ship Channel terminal for $335M -
07/14/16 08:48 AMBRIEF-Magellan Midstream to construct new Pasadena Marine Terminal
07/14/16 08:28 AMMagellan Midstream to Construct New Pasadena Marine Terminal - [at noodls] - TULSA, Okla. - Magellan Midstream Partners, L.P. (NYSE: MMP) announced today its plans to construct a new high-capacity marine terminal along the Houston Ship Channel in Pasadena, Texas to handle refined ...
07/14/16 07:56 AM8:56 am Magellan Midstream announces plans to construct a ~$335 mln high-capacity marine terminal along the Houston Ship Channel in Pasadena, Texas to handle refined petroleum products, including various grades of gasoline and diesel fuel, -
07/13/16 08:08 AMMagellan Midstream Partners L.P. (NYSE:MMP) Wall Street Analyst Recommendation Outlook - Telanagana Press
07/12/16 09:36 AMConsensus Target and Stock Rating Report: Magellan Midstream Partners L.P. (NYSE:MMP) - Telanagana Press
07/12/16 09:36 AMLaurel Wealth Advisors Lowers stake in Magellan Midstream Partners L.P. (MMP) - Trade Calls
07/11/16 05:15 PMMiller Howard Investments INC Increased Magellan Midstream Prtnrs LP C (NYSE:MMP) by $27.14 Million as Shares ... - Consumer Eagle
07/11/16 05:15 PMNew Broker Ratings For Magellan Midstream Partners L.P. (NYSE:MMP) - FTSE News
07/11/16 05:15 PMOption Market: Magellan Midstream Partners LP Risk Hits A Lowered Level - CML News
07/11/16 05:15 PMLeading stocks in today's market: Magellan Midstream Partners LP (NYSE:MMP) - Twin County News
07/11/16 08:50 AMRBC Sees MLPs in a New Trading Range: 4 Top Picks Now -
07/10/16 04:43 PMStock on the Rise for the Quarter: Magellan Midstream Partners LP (NYSE:MMP) - Engelwood Daily
07/10/16 04:43 PMStock Performance Rundown on: Magellan Midstream Partners LP (NYSE:MMP) - Press Telegraph
07/10/16 04:43 PMNext Weeks Broker Price Targets For Magellan Midstream Partners L.P. (NYSE:MMP) - Fiscal Standard
07/09/16 04:45 PMA look at a High Market Cap Stock: Magellan Midstream Partners LP, MMP - The Daily Leicester
07/09/16 08:33 AMPerformance Recap and Target Perspective on Magellan Midstream Partners L.P. (NYSE:MMP) - Press Telegraph
07/09/16 08:33 AMCan Magellan Midstream Partners L.P. (NYSE:MMP) Improve on the Earnings Front? - Engelwood Daily
07/09/16 08:33 AMShares of Magellan Midstream Partners L.P. (MMP) Sees Large Outflow of Money - TheFounders Daily
07/08/16 08:05 AMStock Showing Gains This Year: Magellan Midstream Partners LP (NYSE:MMP) - Telanagana Press
07/08/16 08:05 AMCompany Stock Focus for Magellan Midstream Partners L.P. (NYSE:MMP): Which Way Will Shares Head? - Press Telegraph
07/08/16 08:05 AMPrevious Trading Session Wrap-Up: Magellan Midstream Partners LP (NYSE:MMP) - Press Telegraph
07/07/16 08:06 AMMagellan Midstream Partners LP: Magellan Midstream to Announce Second-Quarter 2016 Financial Results on Aug. 2
07/06/16 09:11 AMMagellan Midstream to Announce Second-Quarter 2016 Financial Results on Aug. 2 - [at noodls] - TULSA, Okla. - Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for second quarter 2016 before the market opens on Tues., Aug. 2. Management will discuss second-quarter ...

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About Magellan Midstream Partners L.P.

Magellan Midstream Partners L.P. logoMagellan Midstream Partners, L.P. is engaged in the transportation, storage and distribution of refined petroleum products and crude oil. The Company's business segments include Refined Products, Crude Oil and Marine Storage. The Company's asset portfolio, including the assets of its joint ventures, consist of the Company's refined products segment, including over 9,500 mile refined products pipeline system with approximately 50 terminals, as well as over 30 independent terminals not connected to the its pipeline system and its approximately 1,100-mile ammonia pipeline system; its crude oil segment, including approximately 1,700 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of over 20 million barrels, of which approximately 14 million is used for leased storage, and its marine storage segment, consisting of over five marine terminals located along coastal waterways with an aggregate storage capacity of approximately 30 million barrels.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MMP
  • CUSIP:
Key Metrics:
  • Previous Close: $73.57
  • 50 Day Moving Average: $74.37
  • 200 Day Moving Average: $68.90
  • P/E Ratio: 19.77
  • P/E Growth: 2.66
  • Market Cap: $16.61B
  • Beta: 0.63
  • Current Year EPS Consensus Estimate: $3.45 EPS
  • Next Year EPS Consensus Estimate: $3.78 EPS
Additional Links:
Magellan Midstream Partners L.P. (NYSE:MMP) Chart for Monday, July, 25, 2016