NYSE:BPMP - BP Midstream Partners Stock Price, News & Analysis

$15.01
+0.20 (+1.35 %)
(As of 09/19/2019 06:20 AM ET)
Today's Range
$14.81
Now: $15.01
$15.16
50-Day Range
$14.25
MA: $14.78
$15.98
52-Week Range
$13.80
Now: $15.01
$19.58
Volume152,700 shs
Average Volume287,783 shs
Market Capitalization$1.57 billion
P/E Ratio10.26
Dividend Yield9.02%
Beta0.61
BP Midstream Partners LP owns, acquires, develops, and operates pipelines and other midstream assets in the United States. It owns an 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$116.44 million
Cash Flow$1.3547 per share
Book Value$2.01 per share

Profitability

Net Income$133.06 million

Miscellaneous

EmployeesN/A
Market Cap$1.57 billion
Next Earnings Date11/13/2019 (Estimated)
OptionableOptionable

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BP Midstream Partners (NYSE:BPMP) Frequently Asked Questions

What is BP Midstream Partners' stock symbol?

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

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 Wednesday, July 17th. Investors of record on Wednesday, July 31st will be given a dividend of $0.324 per share on Wednesday, August 14th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date of this dividend is Tuesday, July 30th. View BP Midstream Partners' Dividend History.

How were BP Midstream Partners' earnings last quarter?

BP Midstream Partners LP (NYSE:BPMP) announced its earnings results on Thursday, August, 8th. The company reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.02. The firm earned $28.60 million during the quarter, compared to analysts' expectations of $31.41 million. BP Midstream Partners had a net margin of 122.39% and a return on equity of 47.91%. The business's revenue was down 1.2% on a year-over-year basis. During the same period last year, the firm posted $0.29 EPS. View BP Midstream Partners' Earnings History.

When is BP Midstream Partners' next earnings date?

BP Midstream Partners is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for BP Midstream Partners.

What price target have analysts set for BPMP?

7 brokers have issued 12-month price objectives for BP Midstream Partners' shares. Their predictions range from $15.00 to $22.00. On average, they anticipate BP Midstream Partners' share price to reach $18.7143 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for BP Midstream Partners.

What is the consensus analysts' recommendation for BP Midstream Partners?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP Midstream Partners in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for BP Midstream Partners.

Has BP Midstream Partners been receiving favorable news coverage?

News stories about BPMP stock have trended negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BP Midstream Partners earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for BP Midstream Partners.

Are investors shorting BP Midstream Partners?

BP Midstream Partners saw a increase in short interest in August. As of August 31st, there was short interest totalling 667,800 shares, an increase of 20.7% from the July 31st total of 553,500 shares. Based on an average daily trading volume, of 258,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.3% of the shares of the company are short sold. View BP Midstream Partners' Current Options Chain.

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), Mplx (MPLX), AbbVie (ABBV), Energy Transfer LP Unit (ET), Magellan Midstream Partners (MMP), Macquarie Infrastructure (MIC), Exxon Mobil (XOM), Bristol-Myers Squibb (BMY), BP (BP) and Enbridge (ENB).

Who are BP Midstream Partners' key executives?

BP Midstream Partners' management team includes the folowing people:
  • Mr. Robert P. Zinsmeister, CEO & Director of BP Midstream Partners GP LLC (Age 61)
  • Mr. Craig W. Coburn, CFO & Director of BP Midstream Partners GP LLC (Age 55)
  • Mr. Gerald J. Maret, Chief Operating Officer of BP Midstream Partners GP LLC (Age 61)
  • Mr. Hans F. Boas, Chief Legal Counsel & Sec. of BP Midstream Partners GP LLC (Age 54)
  • Mr. Mark Frena, Chief Devel. Officer of BP Midstream Partners GP LLC (Age 59)

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.

Who are BP Midstream Partners' major shareholders?

BP Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (6.58%), Tortoise Capital Advisors L.L.C. (6.30%), Chickasaw Capital Management LLC (3.80%), Energy Income Partners LLC (2.96%), Brookfield Asset Management Inc. (1.65%) and JPMorgan Chase & Co. (1.42%). Company insiders that own BP Midstream Partners stock include Clive Christison, Craig Coburn and Robert P Zinsmeister. View Institutional Ownership Trends for BP Midstream Partners.

Which institutional 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, Morgan Stanley, JPMorgan Chase & Co., Duff & Phelps Investment Management Co., Energy Income Partners LLC, Wells Fargo & Company MN, Bank of America Corp DE and Russell Investments Group Ltd.. View Insider Buying and Selling for BP Midstream Partners.

Which institutional investors are buying BP Midstream Partners stock?

BPMP stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Kayne Anderson Capital Advisors LP, Tortoise Capital Advisors L.L.C., Cohen & Steers Inc., Eagle Global Advisors LLC, Marshall Wace LLP, Bank of Montreal Can and Renaissance Technologies LLC. Company insiders that have bought BP Midstream Partners stock in the last two years include Clive Christison, Craig Coburn and Robert P Zinsmeister. View Insider Buying and Selling for BP Midstream Partners.

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 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 $15.01.

How big of a company is BP Midstream Partners?

BP Midstream Partners has a market capitalization of $1.57 billion and generates $116.44 million in revenue each year. The company earns $133.06 million in net income (profit) each year or $1.27 on an earnings per share basis. View Additional Information About BP Midstream Partners.

What is BP Midstream Partners' official website?

The official website for BP Midstream Partners is http://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]


MarketBeat Community Rating for BP Midstream Partners (NYSE BPMP)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  440
MarketBeat's community ratings are surveys of what our community members think about BP Midstream Partners and other stocks. Vote "Outperform" if you believe BPMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BPMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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