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

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$14.48 -0.36 (-2.43 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$14.48
Today's Range$14.45 - $14.7834
52-Week Range$14.26 - $22.98
Volume143,609 shs
Average Volume312,808 shs
Market Capitalization$1.52 billion
P/E Ratio11.40
Dividend Yield8.13%
Beta0.67
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.

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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$1.2646 per share
Book Value$2.01 per share

Profitability

Net Income$133.06 million

Miscellaneous

EmployeesN/A
Market Cap$1.52 billion
Next Earnings Date5/9/2019 (Estimated)
OptionableOptionable

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 announced a quarterly dividend on Thursday, January 17th. Investors of record on Thursday, January 31st will be paid a dividend of $0.301 per share on Thursday, February 14th. This represents a $1.20 annualized dividend and a yield of 8.31%. The ex-dividend date of this dividend is Wednesday, January 30th. This is a positive change from BP Midstream Partners's previous quarterly dividend of $0.29. View BP Midstream Partners' Dividend History.

How were BP Midstream Partners' earnings last quarter?

BP Midstream Partners LP (NYSE:BPMP) posted its quarterly earnings data on Thursday, February, 28th. The company reported $0.35 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.01. BP Midstream Partners had a net margin of 114.27% and a return on equity of 27.07%. 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 Thursday, May 9th 2019. View Earnings Estimates for BP Midstream Partners.

What price target have analysts set for BPMP?

8 brokers have issued 1 year target prices for BP Midstream Partners' stock. Their forecasts range from $15.00 to $25.00. On average, they anticipate BP Midstream Partners' stock price to reach $21.1250 in the next year. This suggests a possible upside of 45.9% from the stock's current price. View Analyst Price Targets for BP Midstream Partners.

What is the consensus analysts' recommendation 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.

Has BP Midstream Partners been receiving favorable news coverage?

Headlines about BPMP stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BP Midstream Partners earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the near term.

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 Alibaba Group (BABA), Mplx (MPLX), Johnson & Johnson (JNJ), Home Depot (HD), Cisco Systems (CSCO), Altria Group (MO), General Electric (GE), AT&T (T), Bristol-Myers Squibb (BMY) and Honeywell International (HON).

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. Mark Frena, Chief Devel. Officer of BP MIDSTREAM PARTNERS GP LLC (Age 59)
  • Mr. Gerald J. Maret, Chief Operating Officer of BP MIDSTREAM PARTNERS GP LLC (Age 61)
  • Brian Sullivan, VP, Investor Relations

When did BP Midstream Partners IPO?

(BPMP) raised $850 million in an initial public offering (IPO) 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 number of of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (5.91%), Kayne Anderson Capital Advisors LP (5.10%), Chickasaw Capital Management LLC (4.18%), Harvest Fund Advisors LLC (2.98%), Energy Income Partners LLC (2.69%) and Virtus ETF Advisers LLC (1.35%). 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 Harvest Fund Advisors LLC, Chickasaw Capital Management LLC, Eagle Global Advisors LLC, Bank of Montreal Can, Virtus ETF Advisers LLC, Infrastructure Capital Advisors LLC, NBW Capital LLC and Hsbc Holdings PLC. View Insider Buying and Selling for BP Midstream Partners.

Which institutional investors are buying BP Midstream Partners stock?

BPMP stock was bought by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Tortoise Capital Advisors L.L.C., Citigroup Inc., Spirit of America Management Corp NY, Dividend Assets Capital LLC, Kayne Anderson Capital Advisors LP, Stockman Wealth Management Inc. and Barclays PLC. 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, Scottrade, Fidelity and Charles Schwab.

What is BP Midstream Partners' stock price today?

One share of BPMP stock can currently be purchased for approximately $14.48.

How big of a company is BP Midstream Partners?

BP Midstream Partners has a market capitalization of $1.52 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.

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:  2.1 out of 5 (star star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  349
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 3/23/2019 by MarketBeat.com Staff

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