About BP Midstream Partners GP (NYSE:BPMP)
BP Midstream Partners LP owns, acquires, operates, and develops pipelines and other midstream assets. It owns an onshore crude oil pipeline system, onshore refined products pipeline system, onshore diluent pipeline system, and offshore natural gas pipeline system, as well as interests in four offshore crude oil pipeline systems located in the United States. The company was founded in 2017 and is based in Houston, Texas. BP Midstream Partners LP is a subsidiary of BP Pipelines (North America) Inc.
Industry, Sector and Symbol
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:BPMP
CUSIPN/A
Phone281-366-2000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.06%
Quick Ratio2.06%
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E Ratio16.05
P/E Growth0.17
Sales & Book Value
Annual Sales$108.15 million
Price / Sales17.72
Cash Flow$0.2332 per share
Price / Cash78.46
Book Value$5.55 per share
Price / Book3.30
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares104,750,000
BP Midstream Partners GP (NYSE:BPMP) Frequently Asked Questions
What is BP Midstream Partners GP's stock symbol?
BP Midstream Partners GP trades on the New York Stock Exchange (NYSE) under the ticker symbol "BPMP."
How often does BP Midstream Partners GP pay dividends? What is the dividend yield for BP Midstream Partners GP?
BP Midstream Partners GP declared a quarterly dividend on Tuesday, April 17th. Stockholders of record on Tuesday, May 1st will be paid a dividend of $0.268 per share on Tuesday, May 15th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date is Monday, April 30th. View BP Midstream Partners GP's Dividend History.
How were BP Midstream Partners GP's earnings last quarter?
BP Midstream Partners GP LLC (NYSE:BPMP) announced its earnings results on Thursday, March, 22nd. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.07. The firm earned $27.61 million during the quarter, compared to analyst estimates of $27.23 million. BP Midstream Partners GP's revenue for the quarter was up 28.6% on a year-over-year basis. View BP Midstream Partners GP's Earnings History.
When is BP Midstream Partners GP's next earnings date?
What price target have analysts set for BPMP?
9 Wall Street analysts have issued 12 month price targets for BP Midstream Partners GP's shares. Their forecasts range from $19.00 to $24.00. On average, they expect BP Midstream Partners GP's share price to reach $20.75 in the next year. View Analyst Ratings for BP Midstream Partners GP.
Who are some of BP Midstream Partners GP's key competitors?
Who are BP Midstream Partners GP's key executives?
BP Midstream Partners GP's management team includes the folowing people:
- Mr. Robert P. Zinsmeister, CEO & Director of BP MIDSTREAM PARTNERS GP LLC (Age 60)
- Mr. Craig W. Coburn, CFO & Director of BP MIDSTREAM PARTNERS GP LLC (Age 54)
- Mr. Gerald J. Maret, Chief Operating Officer of BP MIDSTREAM PARTNERS GP LLC (Age 60)
- Mr. Hans F. Boas, Chief Legal Counsel & Sec. of BP MIDSTREAM PARTNERS GP LLC (Age 53)
- Mr. Mark Frena, Chief Devel. Officer of BP MIDSTREAM PARTNERS GP LLC (Age 58)
When did BP Midstream Partners GP IPO?
(BPMP) raised $850 million in an initial public offering (IPO) on Thursday, October 26th 2017. The company issued 42,500,000 shares at a price of $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.
When does BP Midstream Partners GP's lock-up period expire?
BP Midstream Partners GP's lock-up period expires on Tuesday, April 24th. BP Midstream Partners GP had issued 42,500,000 shares in its public offering on October 26th. The total size of the offering was $765,000,000 based on an initial share price of $18.00. After the end of BP Midstream Partners GP's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
Has BP Midstream Partners GP been receiving favorable news coverage?
News headlines about BPMP stock have trended somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. BP Midstream Partners GP earned a media sentiment score of 0.19 on Accern's scale. They also gave news headlines about the company an impact score of 46.43 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
How do I buy shares of BP Midstream Partners GP?
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.
What is BP Midstream Partners GP's stock price today?
One share of BPMP stock can currently be purchased for approximately $18.30.
How big of a company is BP Midstream Partners GP?
BP Midstream Partners GP has a market capitalization of $1.92 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.
How can I contact BP Midstream Partners GP?
BP Midstream Partners GP's 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 GP (BPMP)
MarketBeat's community ratings are surveys of what our community members think about BP Midstream Partners GP 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.
BP Midstream Partners GP (NYSE:BPMP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for BP Midstream Partners GP in the last 12 months. Their average twelve-month price target is $20.75, suggesting that the stock has a possible upside of 13.39%. The high price target for BPMP is $24.00 and the low price target for BPMP is $19.00. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | N/A |
| Consensus Rating Score: | 2.33 | 2.22 | 2.22 | N/A |
| Ratings Breakdown: | 0 Sell Rating(s)
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
7 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
7 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $20.75 | $21.1250 | $20.75 | N/A |
| Price Target Upside: | 13.39% upside | 8.00% upside | 1.71% downside | N/A |
BP Midstream Partners GP (NYSE:BPMP) Consensus Price Target History
BP Midstream Partners GP (NYSE:BPMP) Analyst Ratings History
Show:
(Data available from 4/21/2016 forward)
BP Midstream Partners GP (NYSE:BPMP) Earnings History and Estimates Chart
BP Midstream Partners GP (NYSE:BPMP) Earnings Estimates
Current Year EPS Consensus Estimate: $1.14 EPS
Next Year EPS Consensus Estimate: $1.4 EPS
BP Midstream Partners GP (NYSE BPMP) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/10/2018 | | $0.26 | | | | | N/A |  |
| 3/22/2018 | Y 2017 | $0.28 | $0.21 | $27.23 million | $27.61 million | View | Listen | |
(Earnings results data provided by Zacks Investment Research)
BP Midstream Partners GP (NYSE:BPMP) Dividend Information
BP Midstream Partners GP pays an annual dividend of $0.72 per share, with a dividend yield of 3.93%. BPMP's next quarterly dividend payment will be made on Tuesday, May 15. BP Midstream Partners GP pays out 342.86% of its earnings out as a dividend.
| Next Dividend: | 5/15/2018 |
| Annual Dividend: | $0.72 |
| Dividend Yield: | 3.93% |
| Payout Ratio: | 342.86% (Trailing 12 Months of Earnings)
63.16% (Based on This Year's Estimates)
51.43% (Based on Next Year's Estimates)
|
BP Midstream Partners GP (NYSE:BPMP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/17/2018 | Quarterly | $0.2680 | 5.82% | 4/30/2018 | 5/1/2018 | 5/15/2018 |
| 1/19/2018 | special | $0.1798 | | 1/31/2018 | 2/1/2018 | 2/15/2018 |
(Data available from 1/1/2013 forward)
BP Midstream Partners GP (NYSE BPMP) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 49.71%
BP Midstream Partners GP (NYSE BPMP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 10/30/2017 | Clive Christison | Director | Buy | 2,500 | $18.00 | $45,000.00 | | |
| 10/30/2017 | Robert P Zinsmeister | Insider | Buy | 5,555 | $18.00 | $99,990.00 | | |
(Data available from 1/1/2013 forward)
BP Midstream Partners GP (NYSE BPMP) News Headlines
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BP Midstream Partners GP (NYSE:BPMP) SEC Filings
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BP Midstream Partners GP (NYSE:BPMP) Income Statement, Balance Sheet and Cash Flow Statement
BP Midstream Partners GP (NYSE BPMP) Stock Chart for Saturday, April, 21, 2018
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