NYSE:BPMP - BP Midstream Partners Stock Price, Price Target & More

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$21.56 +0.10 (+0.47 %)
(As of 06/18/2018 09:49 AM ET)
Previous Close$21.56
Today's Range$21.56 - $21.56
52-Week Range$16.83 - $23.00
Volume85 shs
Average Volume294,803 shs
Market Capitalization$2.25 billion
P/E Ratio102.19
Dividend Yield4.99%
BetaN/A

About BP Midstream Partners (NYSE:BPMP)

BP Midstream Partners logoBP 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
SymbolNYSE:BPMP
CUSIPN/A
Phone281-366-2000

Debt

Debt-to-Equity RatioN/A
Current Ratio2.74
Quick Ratio2.74

Price-To-Earnings

Trailing P/E Ratio102.19
Forward P/E Ratio17.39
P/E GrowthN/A

Sales & Book Value

Annual Sales$108.15 million
Price / Sales20.88
Cash Flow$0.2344 per share
Price / Cash91.96
Book Value$5.55 per share
Price / Book3.88

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 (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 Tuesday, April 17th. Investors 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 yield of 4.97%. The ex-dividend date is Monday, April 30th. View BP Midstream Partners' Dividend History.

How were BP Midstream Partners' earnings last quarter?

BP Midstream Partners LP (NYSE:BPMP) released its earnings results on Thursday, May, 10th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.03. The business earned $26.60 million during the quarter, compared to the consensus estimate of $26.92 million. The firm's revenue for the quarter was up .0% 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, August, 9th 2018. View Earnings Estimates for BP Midstream Partners.

What price target have analysts set for BPMP?

9 analysts have issued 12-month target prices for BP Midstream Partners' stock. Their forecasts range from $19.00 to $24.00. On average, they expect BP Midstream Partners' stock price to reach $21.1250 in the next year. View Analyst Ratings for BP Midstream Partners.

Are investors shorting BP Midstream Partners?

BP Midstream Partners saw a decline in short interest during the month of May. As of May 15th, there was short interest totalling 790,051 shares, a decline of 49.6% from the April 30th total of 1,567,039 shares. Based on an average daily volume of 252,168 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.5% of the shares of the stock are short sold.

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 $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 did BP Midstream Partners' lock-up period expire?

BP Midstream Partners' lock-up period expired on Tuesday, April 24th. BP Midstream Partners had issued 42,500,000 shares in its initial public offering on October 26th. The total size of the offering was $765,000,000 based on an initial share price of $18.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the expiration of the lock-up period.

Has BP Midstream Partners been receiving favorable news coverage?

News headlines about BPMP stock have trended positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. BP Midstream Partners earned a media sentiment score of 0.28 on Accern's scale. They also gave news articles about the company an impact score of 45.60 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are BP Midstream Partners' major shareholders?

BP Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (6.67%), Tortoise Capital Advisors L.L.C. (6.67%), Kayne Anderson Capital Advisors LP (5.22%), Wells Fargo & Company MN (1.42%), Eagle Global Advisors LLC (0.88%) and BlackRock Inc. (0.72%). 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 American Century Companies Inc., Atlantic Trust Group LLC, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Westwood Holdings Group Inc., Kayne Anderson Capital Advisors LP, NBW Capital LLC and Summit Trail Advisors LLC. 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 Summit Trail Advisors LLC, Wells Fargo & Company MN, Evergreen Capital Management LLC, Infrastructure Capital Advisors LLC, Citigroup Inc., Duff & Phelps Investment Management Co., Mariner LLC and JPMorgan Chase & Co.. 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 $21.56.

How big of a company is BP Midstream Partners?

BP Midstream Partners has a market capitalization of $2.25 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?

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 (BPMP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  72 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  153
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 6/18/2018 by MarketBeat.com Staff

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