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NYSE:BPMPBP Midstream Partners Stock Price, Forecast & News

$11.81
+0.14 (+1.20 %)
(As of 08/13/2020 04:00 PM ET)
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Today's Range
$11.71
Now: $11.81
$11.97
50-Day Range
$10.29
MA: $11.14
$12.07
52-Week Range
$6.41
Now: $11.81
$17.08
Volume197,800 shs
Average Volume357,712 shs
Market Capitalization$1.24 billion
P/E Ratio7.16
Dividend Yield11.77%
Beta1.25
BP Midstream Partners LP owns, acquires, develops, and operates pipelines and other midstream assets in the United States. It owns an onshore crude oil pipeline system, onshore refined products pipeline system, onshore diluent pipeline system, refined product terminalling system, and offshore natural gas pipeline system, as well as interests in five offshore crude oil pipeline systems. 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.87 out of 5 stars


Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
Previous SymbolNASDAQ:BPMP
CUSIPN/A
Phone281-366-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$128.47 million
Cash Flow$1.65 per share
Book Value$2.29 per share

Profitability

Net Income$167.88 million

Miscellaneous

EmployeesN/A
Market Cap$1.24 billion
Next Earnings Date11/10/2020 (Estimated)
OptionableOptionable
$11.81
+0.14 (+1.20 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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BP Midstream Partners (NYSE:BPMP) Frequently Asked Questions

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 32.3% and is now trading at $11.81.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of BP Midstream Partners?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP Midstream Partners in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for BP Midstream Partners
.

When is BP Midstream Partners' next earnings date?

BP Midstream Partners is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for BP Midstream Partners
.

How were BP Midstream Partners' earnings last quarter?

BP Midstream Partners LP (NYSE:BPMP) released its earnings results on Thursday, August, 6th. The company reported $0.38 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.04. The business had revenue of $30.70 million for the quarter, compared to analysts' expectations of $27.52 million. BP Midstream Partners had a return on equity of 73.90% and a net margin of 133.28%. During the same period in the prior year, the company earned $0.35 earnings per share.
View BP Midstream Partners' earnings history
.

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 Wednesday, July 15th. Stockholders of record on Thursday, July 30th will be paid a dividend of $0.347 per share on Thursday, August 13th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 11.75%. The ex-dividend date of this dividend is Wednesday, July 29th.
View BP Midstream Partners' dividend history
.

What price target have analysts set for BPMP?

4 equities research analysts have issued twelve-month price targets for BP Midstream Partners' stock. Their forecasts range from $11.50 to $17.00. On average, they anticipate BP Midstream Partners' share price to reach $14.17 in the next year. This suggests a possible upside of 20.0% from the stock's current price.
View analysts' price targets for BP Midstream Partners
.

Has BP Midstream Partners been receiving favorable news coverage?

News stories about BPMP stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BP Midstream Partners earned a daily sentiment score of -2.4 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
View the latest news about BP Midstream Partners
.

Are investors shorting BP Midstream Partners?

BP Midstream Partners saw a decrease in short interest in January. As of January 31st, there was short interest totaling 771,300 shares, a decrease of 15.7% from the January 15th total of 914,500 shares. Based on an average daily trading volume, of 282,400 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.5% of the shares of the company are sold short.
View BP Midstream Partners' Short Interest
.

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), Pfizer (PFE), Enterprise Products Partners (EPD), ONEOK (OKE), BP (BP), Intel (INTC), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Enbridge (ENB) and General Electric (GE).

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 61)
  • Mr. Craig W. Coburn, CFO & Director of BP Midstream Partners GP LLC (Age 55)
  • Mr. Gerald J. Maret, Chief Operating Officer of BP Midstream Partners GP LLC (Age 61)
  • Mr. Hans F. Boas, Chief Legal Counsel & Sec. of BP Midstream Partners GP LLC (Age 54)
  • Mr. Mark Frena, Chief Devel. Officer of BP Midstream Partners GP LLC (Age 59)

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 many different institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (4.82%), Kayne Anderson Capital Advisors LP (4.25%), Goldman Sachs Group Inc. (0.90%), UBS Group AG (0.39%), Cadence Capital Management LLC (0.22%) and Advisors Asset Management Inc. (0.15%).
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 Northeast Financial Consultants Inc, Kayne Anderson Capital Advisors LP, Cadence Capital Management LLC, UBS Group AG, Rafferty Asset Management LLC, Tiedemann Advisors LLC, State of Tennessee Treasury Department, and Dividend Assets Capital LLC.
View insider buying and selling activity for BP Midstream Partners
.

Which institutional 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, Goldman Sachs Group Inc., Bank of Montreal Can, Sumitomo Mitsui Trust Holdings Inc., CIBC Private Wealth Group LLC, Cincinnati Insurance Co., Lido Advisors LLC, and Advisors Asset Management Inc..
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is BP Midstream Partners' stock price today?

One share of BPMP stock can currently be purchased for approximately $11.81.

How big of a company is BP Midstream Partners?

BP Midstream Partners has a market capitalization of $1.24 billion and generates $128.47 million in revenue each year. The company earns $167.88 million in net income (profit) each year or $1.58 on an earnings per share basis.

What is BP Midstream Partners' official website?

The official website for BP Midstream Partners is 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]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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