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DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:BPMP

BP Midstream Partners Stock Forecast, Price & News

$12.95
-0.08 (-0.61 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$12.59
Now: $12.95
$13.05
50-Day Range
$10.49
MA: $11.19
$13.03
52-Week Range
$6.41
Now: $12.95
$17.00
Volume453,200 shs
Average Volume535,580 shs
Market Capitalization$1.36 billion
P/E Ratio7.90
Dividend Yield10.73%
Beta1.3
BP Midstream Partners LP owns, acquires, develops, and operates pipelines and other midstream assets in the United States. It owns onshore crude oil pipeline system, onshore refined products pipeline system, onshore diluent pipeline system, refined product terminalling system, and offshore natural gas pipeline system, as well as interests in five offshore crude oil pipeline systems. BP Midstream Partners GP LLC serves as a general partner of BP Midstream Partners LP. The company was founded in 2017 and is based in Houston, Texas.
BP Midstream Partners logo

MarketRank

Overall MarketRank

1.67 out of 5 stars

Oils/Energy Sector

93rd out of 539 stocks

Pipelines, Except Natural Gas Industry

8th out of 19 stocks

Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
Previous SymbolNASDAQ:BPMP
CUSIPN/A
Phone281-366-2000
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$128.47 million
Cash Flow$1.64 per share
Book Value$2.29 per share

Profitability

Net Income$167.88 million

Miscellaneous

Market Cap$1.36 billion
Next Earnings Date2/25/2021 (Estimated)
OptionableOptionable
$12.95
-0.08 (-0.61 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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BP Midstream Partners (NYSE:BPMP) Frequently Asked Questions

How has BP Midstream Partners' stock been impacted by Coronavirus (COVID-19)?

BP Midstream Partners' stock was trading at $8.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BPMP shares have increased by 45.0% and is now trading at $12.95.
View which stocks have been most impacted by COVID-19
.

Is BP Midstream Partners a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BP Midstream Partners in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BP Midstream Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BPMP, but not buy additional shares or sell existing shares.
View analyst ratings for BP Midstream Partners
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than BP Midstream Partners?

Wall Street analysts have given BP Midstream Partners a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but BP Midstream Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is BP Midstream Partners' next earnings date?

BP Midstream Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for BP Midstream Partners
.

How were BP Midstream Partners' earnings last quarter?

BP Midstream Partners LP (NYSE:BPMP) released its quarterly earnings data on Thursday, November, 5th. The company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.06. The business had revenue of $33.70 million for the quarter, compared to analyst estimates of $33 million. BP Midstream Partners had a net margin of 133.81% and a return on equity of 71.35%.
View BP Midstream Partners' earnings history
.

How often does BP Midstream Partners pay dividends? What is the dividend yield for BP Midstream Partners?

BP Midstream Partners declared a quarterly dividend on Friday, January 15th. Investors of record on Thursday, January 28th will be paid a dividend of $0.3475 per share on Thursday, February 11th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 10.73%. The ex-dividend date of this dividend is Wednesday, January 27th.
View BP Midstream Partners' dividend history
.

Is BP Midstream Partners a good dividend stock?

BP Midstream Partners pays an annual dividend of $1.39 per share and currently has a dividend yield of 10.73%. BPMP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. BP Midstream Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of BP Midstream Partners is 87.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BP Midstream Partners will have a dividend payout ratio of 90.26% in the coming year. This indicates that BP Midstream Partners may not be able to sustain their current dividend.
View BP Midstream Partners' dividend history.

What price target have analysts set for BPMP?

6 brokers have issued 1 year price targets for BP Midstream Partners' stock. Their forecasts range from $11.00 to $14.00. On average, they anticipate BP Midstream Partners' share price to reach $12.63 in the next year. This suggests that the stock has a possible downside of 2.5%.
View analysts' price targets for BP Midstream Partners
or view Wall Street analyst' top-rated stocks.

Are investors shorting BP Midstream Partners?

BP Midstream Partners saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 338,800 shares, a decrease of 33.5% from the December 15th total of 509,400 shares. Based on an average trading volume of 292,400 shares, the short-interest ratio is presently 1.2 days. Currently, 0.7% of the company's stock are short sold.
View BP Midstream Partners' Short Interest
.

Who are some of BP Midstream Partners' key competitors?

What other stocks do shareholders of BP Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BP Midstream Partners investors own include AT&T (T), Enterprise Products Partners (EPD), Pfizer (PFE), ONEOK (OKE), Intel (INTC), Magellan Midstream Partners (MMP), Altria Group (MO), BP (BP), Energy Transfer (ET) and Mplx (MPLX).

Who are BP Midstream Partners' key executives?

BP Midstream Partners' management team includes the following people:
  • Mr. Robert P. Zinsmeister, CEO & Director of BP Midstream Partners GP LLC (Age 62)
  • Mr. Craig W. Coburn, CFO & Director of BP Midstream Partners GP LLC (Age 56)
  • Mr. Gerald J. Maret, Co-Chief Operating Officer of BP Midstream Partners GP LLC (Age 62)
  • Mr. Hans F. Boas, Chief Legal Counsel & Sec. of BP Midstream Partners GP LLC (Age 55)
  • Mr. Derek Rush, Chief Devel. Officer of BP Midstream Partners GP LLC (Age 48)
  • Mr. David Kurt, Co-Chief Operating Officer of BP Midstream Partners GP LLC (Age 52)
  • Mr. Brian Sullivan, VP, Investor Relations

When did BP Midstream Partners IPO?

(BPMP) raised $850 million in an initial public offering on Thursday, October 26th 2017. The company issued 42,500,000 shares at $19.00-$21.00 per share. Citigroup, Goldman Sachs, Morgan Stanley, Barclays, Credit Suisse, J.P. Morgan and UBS Investment Bank served as the underwriters for the IPO and BofA Merrill Lynch, Deutsche Bank Securities, Mizuho Securities, MUFG, BNP PARIBAS, Credit Agricole CIB and SOCIETE GENERALE were co-managers.

What is BP Midstream Partners' stock symbol?

BP Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "BPMP."

Who are BP Midstream Partners' major shareholders?

BP Midstream Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (4.04%).
View institutional ownership trends for BP Midstream Partners
.

Which major investors are selling BP Midstream Partners stock?

BPMP stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC.
View insider buying and selling activity for BP Midstream Partners
or view top insider-selling stocks.

How do I buy shares of BP Midstream Partners?

Shares of BPMP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is BP Midstream Partners' stock price today?

One share of BPMP stock can currently be purchased for approximately $12.95.

How big of a company is BP Midstream Partners?

BP Midstream Partners has a market capitalization of $1.36 billion and generates $128.47 million in revenue each year. The company earns $167.88 million in net income (profit) each year or $1.58 on an earnings per share basis.

What is BP Midstream Partners' official website?

The official website for BP Midstream Partners is www.bpmidstreampartners.com.

How can I contact BP Midstream Partners?

BP Midstream Partners' mailing address is 501 WESTLAKE PARK BLVD, HOUSTON TX, 77079. The company can be reached via phone at 281-366-2000 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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