S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:BPMP

BP Midstream Partners (BPMP) Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
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Today's Range
$17.11
$17.11
50-Day Range
$15.96
$17.84
52-Week Range
$12.61
$19.37
Volume
N/A
Average Volume
746,025 shs
Market Capitalization
$1.79 billion
P/E Ratio
12.22
Dividend Yield
8.12%
Beta
1.1

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BP Midstream Partners logo

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 to transport onshore crude oil production to refinery in Whiting, Indiana as well as offshore crude oil and natural gas production to refining markets, and trading and distribution hubs. 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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$119.90 million
Cash Flow
$1.69 per share
Book Value
$2.39 per share

Profitability

Net Income
$152.10 million
Pretax Margin
145.46%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.79 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/08/2021
Today
5/16/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.87 out of 5 stars

Oils/Energy Sector

160th out of 370 stocks

Pipelines, Except Natural Gas Industry

10th out of 19 stocks

Analyst Opinion: 0.9Community Rank: 3.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -













BP Midstream Partners (NYSE:BPMP) Frequently Asked Questions

Is BP Midstream Partners a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP Midstream Partners in the last year. There are currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street 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.

How were BP Midstream Partners' earnings last quarter?

BP Midstream Partners LP (NYSE:BPMP) announced its quarterly earnings results on Monday, November, 8th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.38 by $0.11. The company earned $26.30 million during the quarter, compared to analysts' expectations of $31.73 million. BP Midstream Partners had a net margin of 126.86% and a trailing twelve-month return on equity of 61.98%.
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 declared a quarterly dividend on Wednesday, January 19th. Stockholders of record on Monday, January 31st will be paid a dividend of $0.3475 per share on Monday, February 14th. This represents a $1.39 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date of this dividend is Friday, January 28th. This is a positive change from BP Midstream Partners's previous quarterly dividend of $0.35.
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 8.12%. BPMP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of BP Midstream Partners is 99.29%. 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 91.45% 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?

6 brokers have issued twelve-month target prices for BP Midstream Partners' stock. Their forecasts range from $13.70 to $17.00. On average, they expect BP Midstream Partners' stock price to reach $15.14 in the next twelve months. This suggests that the stock has a possible downside of 11.5%.
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 64)
  • Mr. Jack T. Collins, CFO & Director of BP Midstream Partners GP LLC (Age 46)
  • Mr. David Kurt, Chief Operating Officer of BP Midstream Partners GP LLC (Age 54)
  • Mr. Hans F. Boas, Chief Legal Counsel & Sec. of BP Midstream Partners GP LLC (Age 57)
  • Mr. Derek Rush, Chief Devel. Officer of BP Midstream Partners GP LLC (Age 50)
  • Mr. Brian Sullivan, VP, Investor Relations
  • Mr. Geoff Carr, VP of Investor Relations - North America
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 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.

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 investors include Mirae Asset Global Investments Co. Ltd. (2.95%), Citigroup Inc. (1.75%), JPMorgan Chase & Co. (1.36%), Clearbridge Investments LLC (1.31%), ING Groep NV (0.89%) and Qube Research & Technologies Ltd (0.19%).
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 Mirae Asset Global Investments Co. Ltd., Verition Fund Management LLC, Clearbridge Investments LLC, Moors & Cabot Inc., PEAK6 Investments LLC, HAP Trading LLC, Simplex Trading LLC, and Raymond James Financial Services Advisors Inc..
View insider buying and selling activity for BP Midstream Partners
or view top insider-selling stocks.

Which institutional investors are buying BP Midstream Partners stock?

BPMP stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Citigroup Inc., ING Groep NV, Qube Research & Technologies Ltd, Avestar Capital LLC, Mint Tower Capital Management B.V., Alphastar Capital Management LLC, and Advisor Group Holdings Inc..
View insider buying and selling activity for BP Midstream Partners
or or view top insider-buying stocks.

What is BP Midstream Partners' stock price today?

One share of BPMP stock can currently be purchased for approximately $17.11.

How much money does BP Midstream Partners make?

BP Midstream Partners has a market capitalization of $1.79 billion and generates $119.90 million in revenue each year. The company earns $152.10 million in net income (profit) each year or $1.399990 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.

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 5/16/2022 by MarketBeat.com Staff

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