S&P 500   4,486.46
DOW   35,258.61
QQQ   372.65
S&P 500   4,486.46
DOW   35,258.61
QQQ   372.65
S&P 500   4,486.46
DOW   35,258.61
QQQ   372.65
S&P 500   4,486.46
DOW   35,258.61
QQQ   372.65
NYSE:BPMP

BP Midstream Partners Stock Forecast, Price & News

$13.66
-0.19 (-1.37 %)
(As of 10/18/2021 04:00 PM ET)
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Today's Range
$13.60
$13.97
50-Day Range
$12.91
$13.86
52-Week Range
$9.35
$15.77
Volume568,296 shs
Average Volume455,575 shs
Market Capitalization$1.43 billion
P/E Ratio8.81
Dividend Yield10.04%
Beta1.22
30 days | 90 days | 365 days | Advanced Chart
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BP Midstream Partners logo

About BP Midstream Partners

BP Midstream Partners LP engages in the operation, development, and acquisition of pipelines and other midstream assets. Its assets consist of interests in entities that own crude oil, natural gas, refined products and diluent pipelines, and refined product terminals. The company was founded on May 22, 2017 and is headquartered in Houston, TX.

Headlines

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Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Previous Symbol
NASDAQ:BPMP
Employees
2,020
Year Founded
N/A

Sales & Book Value

Annual Sales
$128.90 million
Cash Flow
$1.61 per share
Book Value
$2.42 per share

Profitability

Net Income
$168.40 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$1.43 billion
Next Earnings Date
11/4/2021 (Estimated)
Optionable
Optionable

MarketRank

Overall MarketRank

1.91 out of 5 stars

Oils/Energy Sector

149th out of 349 stocks

Pipelines, Except Natural Gas Industry

13th out of 21 stocks

Analyst Opinion: 2.0Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












BP Midstream Partners (NYSE:BPMP) Frequently Asked Questions

Is BP Midstream Partners a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BP Midstream Partners in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street equities 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 top-rated stocks.

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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BP Midstream Partners wasn't one of them. MarketBeat thinks these five companies 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, November 4th 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, August, 5th. The company reported $0.37 EPS for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.03. The business earned $29.30 million during the quarter, compared to the consensus estimate of $32.11 million. BP Midstream Partners had a net margin of 134.24% and a trailing twelve-month return on equity of 65.81%.
View BP Midstream Partners' earnings history
.

How has BP Midstream Partners' stock price 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 stock has increased by 53.0% and is now trading at $13.66.
View which stocks have been most impacted by COVID-19
.

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 Thursday, October 14th. Stockholders of record on Thursday, October 28th will be given a dividend of $0.347 per share on Thursday, November 11th. This represents a $1.39 annualized dividend and a dividend yield of 10.16%. The ex-dividend date of this dividend is Wednesday, October 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 10.04%. 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 strong track record of dividend growth. The dividend payout ratio of BP Midstream Partners is 89.10%. 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 85.80% 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?

7 equities research analysts have issued 1 year price objectives for BP Midstream Partners' shares. Their forecasts range from $13.00 to $15.00. On average, they anticipate BP Midstream Partners' stock price to reach $13.87 in the next year. This suggests a possible upside of 1.5% from the stock's current price.
View analysts' price targets for BP Midstream Partners
or view top-rated stocks among Wall Street analysts.

Who are BP Midstream Partners' key executives?

BP Midstream Partners' management team includes the following people:
  • Robert P. Zinsmeister, Chief Executive Officer & Director
  • David Kurt, Chief Operating Officer
  • Jack T. Collins, Chief Financial Officer & Director
  • Derek Rush, Chief Development Officer
  • Geoff Carr, Vice President-Investor Relations

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).

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 retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (1.85%).
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.
Compare Top Brokerages Here.

What is BP Midstream Partners' stock price today?

One share of BPMP stock can currently be purchased for approximately $13.66.

How much money does BP Midstream Partners make?

BP Midstream Partners has a market capitalization of $1.43 billion and generates $128.90 million in revenue each year. The company earns $168.40 million in net income (profit) each year or $1.56 on an earnings per share basis.

How many employees does BP Midstream Partners have?

BP Midstream Partners employs 2,020 workers across the globe.

What is BP Midstream Partners' official website?

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

Where are BP Midstream Partners' headquarters?

BP Midstream Partners is headquartered at 501 WESTLAKE PARK BLVD, HOUSTON TX, 77079.

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 10/19/2021 by MarketBeat.com Staff

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