NYSE:BPMP

BP Midstream Partners Stock Forecast, Price & News

$13.81
-0.07 (-0.50 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$13.75
$14.00
50-Day Range
$13.39
$15.68
52-Week Range
$9.30
$15.77
Volume379,000 shs
Average Volume312,447 shs
Market Capitalization$1.45 billion
P/E Ratio8.85
Dividend Yield10.07%
Beta1.27
30 days | 90 days | 365 days | Advanced Chart
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About BP Midstream Partners

BP Midstream Partners LP owns, acquires, develops, and operates pipelines and other midstream assets in the United States. Its assets consist of interests in entities that own crude oil, natural gas, refined products, and diluent pipelines as well as refined product terminals. BP Midstream Partners GP LLC serves as a general partner of BP Midstream Partners LP. The company was incorporated in 2017 and is based in Houston, Texas.

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MarketRank

Overall MarketRank

2.00 out of 5 stars

Oils/Energy Sector

160th out of 710 stocks

Pipelines, Except Natural Gas Industry

10th out of 20 stocks

Analyst Opinion: 1.2Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
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BP Midstream Partners (NYSE:BPMP) Frequently Asked Questions

Is BP Midstream Partners a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BP Midstream Partners in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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, August 5th 2021.
View our earnings forecast for BP Midstream Partners
.

How were BP Midstream Partners' earnings last quarter?

BP Midstream Partners LP (NYSE:BPMP) issued its quarterly earnings results on Thursday, May, 6th. The company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.02. The company earned $29.60 million during the quarter, compared to the consensus estimate of $30.84 million. BP Midstream Partners had a trailing twelve-month return on equity of 66.77% and a net margin of 132.00%.
View BP Midstream Partners' earnings history
.

How has BP Midstream Partners' stock price been impacted by COVID-19 (Coronavirus)?

BP Midstream Partners' stock was trading at $8.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BPMP shares have increased by 54.6% and is now trading at $13.81.
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 Saturday, July 17th. Stockholders of record on Thursday, July 29th will be paid a dividend of $0.3475 per share on Thursday, August 12th. This represents a $1.39 annualized dividend and a dividend yield of 10.07%. The ex-dividend date is Wednesday, July 28th.
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 10.07%. 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 87.97% 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?

5 brokers have issued 1-year price targets for BP Midstream Partners' stock. Their forecasts range from $13.00 to $16.00. On average, they anticipate BP Midstream Partners' share price to reach $14.80 in the next twelve months. This suggests a possible upside of 7.2% 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:
  • Mr. Robert P. Zinsmeister, CEO & Director of BP Midstream Partners GP LLC (Age 63)
  • Mr. David Kurt, Chief Operating Officer of BP Midstream Partners GP LLC (Age 53)
  • Mr. Hans F. Boas, Chief Legal Counsel & Sec. of BP Midstream Partners GP LLC (Age 56)
  • Mr. Derek Rush, Chief Devel. Officer of BP Midstream Partners GP LLC (Age 49)
  • Mr. Jack T. Collins, CFO & Director of BP Midstream Partners GP LLC (Age 45)
  • Mr. Brian Sullivan, VP, Investor Relations
  • Mr. Geoff Carr, VP of Investor Relations - North America

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 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 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.

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 variety of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (2.08%) and Advisors Asset Management Inc. (0.13%).
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 Advisors Asset Management Inc..
View insider buying and selling activity for BP Midstream Partners
or view top insider-selling stocks.

Which major investors are buying BP Midstream Partners stock?

BPMP stock was acquired 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 or view top insider-buying 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 $13.81.

How much money does BP Midstream Partners make?

BP Midstream Partners has a market capitalization of $1.45 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.

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 8/1/2021 by MarketBeat.com Staff
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