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

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$16.66 -0.17 (-1.01 %)
(As of 12/12/2018 11:20 AM ET)
Previous Close$16.83
Today's Range$16.57 - $16.82
52-Week Range$15.51 - $23.00
Volume3,870 shs
Average Volume204,412 shs
Market Capitalization$1.78 billion
P/E Ratio79.38
Dividend Yield6.87%
Beta0.64
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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio7.12
Quick Ratio7.12

Price-To-Earnings

Trailing P/E Ratio79.38
Forward P/E Ratio13.02
P/E Growth1.32

Sales & Book Value

Annual Sales$108.15 million
Price / Sales16.14
Cash Flow$0.2291 per share
Price / Cash Flow72.72
Book Value$5.55 per share
Price / Book3.00

Profitability

EPS (Most Recent Fiscal Year)$0.21
Net Income$60.87 million
Net Margins102.40%
Return on Equity20.20%
Return on Assets19.59%

Miscellaneous

EmployeesN/A
Outstanding Shares104,750,000
Market Cap$1.78 billion
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 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 yield of 7.01%. The ex-dividend date is Wednesday, October 31st. This is a positive change from BP Midstream Partners's previous quarterly dividend of $0.27. View BP Midstream Partners' Dividend History.

How were BP Midstream Partners' earnings last quarter?

BP Midstream Partners LP (NYSE:BPMP) posted its earnings results on Wednesday, November, 14th. The company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.04. The business earned $32.10 million during the quarter, compared to analyst estimates of $27.92 million. BP Midstream Partners had a net margin of 102.40% and a return on equity of 20.20%. The firm's revenue was up 18.9% on a year-over-year basis. 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, March 28th 2019. View Earnings Estimates for BP Midstream Partners.

What price target have analysts set for BPMP?

8 analysts have issued 12-month target prices for BP Midstream Partners' shares. Their forecasts range from $17.00 to $25.00. On average, they expect BP Midstream Partners' share price to reach $21.50 in the next twelve months. This suggests a possible upside of 29.1% 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?

Media stories about BPMP stock have trended positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. BP Midstream Partners earned a news impact score of 2.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of BP Midstream Partners' key competitors?

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 60)
  • Mr. Craig W. Coburn, CFO & Director of BP Midstream Partners GP LLC (Age 54)
  • Mr. Mark Frena, Chief Devel. Officer of BP MIDSTREAM PARTNERS GP LLC (Age 58)
  • Mr. Gerald J. Maret, Chief Operating Officer of BP MIDSTREAM PARTNERS GP LLC (Age 60)
  • Brian Sullivan, VP, Investor Relations

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 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.

Who are BP Midstream Partners' major shareholders?

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.

Which institutional investors are selling BP Midstream Partners stock?

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.

Which institutional investors are buying BP Midstream Partners stock?

BPMP stock was purchased 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.

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 $16.66.

How big of a company is BP Midstream Partners?

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.

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:  134 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  299
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 12/12/2018 by MarketBeat.com Staff

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