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

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

BP Midstream Partners declared a quarterly dividend on Friday, October 12th. Investors of record on Thursday, November 1st will be given a dividend of $0.292 per share on Thursday, November 15th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 6.94%. The ex-dividend date of this dividend is Wednesday, October 31st. This is a boost from BP Midstream Partners's previous quarterly dividend of $0.27. View BP Midstream Partners' Dividend History.

BP Midstream Partners LP (NYSE:BPMP) released its quarterly earnings results on Wednesday, November, 14th. The company reported $0.34 EPS for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.04. The firm had revenue of $32.10 million for the quarter, compared to analysts' expectations of $27.92 million. BP Midstream Partners had a return on equity of 20.20% and a net margin of 102.40%. The company's revenue was up 18.9% on a year-over-year basis. View BP Midstream Partners' Earnings History.

BP Midstream Partners is scheduled to release their next quarterly earnings announcement on Thursday, March 28th 2019. View Earnings Estimates for BP Midstream Partners.

8 equities research analysts have issued 12-month price objectives for BP Midstream Partners' shares. Their predictions range from $17.00 to $25.00. On average, they expect BP Midstream Partners' share price to reach $21.50 in the next year. This suggests a possible upside of 27.7% from the stock's current price. View Analyst Price Targets for BP Midstream Partners.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP Midstream Partners in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for BP Midstream Partners.

Headlines about BPMP stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by analyzing 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 daily sentiment score of 1.1 on InfoTrie's scale. They also gave headlines 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 immediate future.

Some companies that are related to BP Midstream Partners include Phillips 66 Partners (PSXP), Shell Midstream Partners (SHLX), Buckeye Partners (BPL), Enbridge Energy Partners (EEP), Plains GP (PAGP), Holly Energy Partners (HEP), Valero Energy Partners (VLP), NuStar Energy (NS), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL), TransMontaigne Partners (TLP), Blueknight Energy Partners (BKEP) and NuStar GP (NSH).

(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 acted 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.

BP Midstream Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (5.74%), Chickasaw Capital Management LLC (4.67%), Clearbridge Investments LLC (3.90%), Credit Suisse AG (1.96%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (1.63%) and JPMorgan Chase & Co. (1.61%). Company insiders that own BP Midstream Partners stock include Clive Christison and Robert P Zinsmeister. View Institutional Ownership Trends for BP Midstream Partners.

BPMP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., RR Advisors LLC, Chickasaw Capital Management LLC, Wells Fargo & Company MN, American Century Companies Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Morgan Stanley and Glenmede Trust Co. NA. View Insider Buying and Selling for BP Midstream Partners.

BPMP stock was acquired by a variety of institutional investors in the last quarter, including Virtus ETF Advisers LLC, Clearbridge Investments LLC, Virtus Alternative Investment Advisers Inc., MetLife Investment Advisors LLC, Spirit of America Management Corp NY, Renaissance Technologies LLC, Jane Street Group LLC and Bank of Montreal Can. Company insiders that have bought BP Midstream Partners stock in the last two years include Clive Christison and Robert P Zinsmeister. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of BPMP stock can currently be purchased for approximately $16.83.

BP Midstream Partners has a market capitalization of $1.78 billion and generates $108.15 million in revenue each year. The company earns $60.87 million in net income (profit) each year or $0.21 on an earnings per share basis.

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

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]