stoxline Quote Chart Rank Option Currency Glossary
  
Magellan Midstream Partners, L.P. (MMP)
69  0.46 (0.67%)    09-22 16:01
Open: 69.44
High: 69.89
Volume: 31,030,562
  
Pre. Close: 68.54
Low: 68.8
Market Cap: 13,945(M)
Technical analysis
2023-10-20 4:25:07 PM
Short term     
Mid term     
Targets 6-month :  81.63 1-year :  95.34
Resists First :  69.88 Second :  81.63
Pivot price 67.66
Supports First :  66.62 Second :  64.61
MAs MA(5) :  68.81 MA(20) :  67.3
MA(100) :  63.16 MA(250) :  56.56
MACD MACD :  0.9 Signal :  0.8
%K %D K(14,3) :  84.7 D(3) :  86.7
RSI RSI(14): 64.8
52-week High :  69.88 Low :  45.52
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ MMP ] has closed below upper band by 23.7%. Bollinger Bands are 8.4% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 69.97 - 70.25 70.25 - 70.49
Low: 68.03 - 68.37 68.37 - 68.67
Close: 68.41 - 68.97 68.97 - 69.45
Company Description

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates through Refined Products and Crude Oil segments. The company operates refined products pipeline that transports gasoline, diesel fuel, aviation fuel, kerosene, and heating oil to wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. Further, it provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. In addition, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. As of December 31, 2021, it had 9,800-mile refined products pipeline system with 54 terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 39 million barrels; and two marine terminals. The company was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.

Headline News

Sun, 18 Feb 2024
Magellan Midstream Urges Unitholders to Vote "FOR" ONEOK Merger in Advance of Sept. 21 Special Meeting - The Globe and Mail

Sat, 23 Sep 2023
Magellan Holders Now Own Oneok; There Are Better Values In The Space (NYSE:MMP) - Seeking Alpha

Fri, 22 Sep 2023
Magellan Midstream (MMP) Unitholders OK ONEOK Merger Deal - Yahoo Finance

Thu, 21 Sep 2023
Here's Why Magellan Midstream Partners (MMP) is a Strong Momentum Stock - Yahoo Finance

Wed, 20 Sep 2023
Magellan Midstream Partners LP: A Deep Dive into its Dividend Performance and Sustainability - Yahoo Finance

Mon, 11 Sep 2023
Magellan Midstream Declares Special Cash Distribution - PR Newswire

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Energy
Industry:
Oil & Gas Midstream
Shares Out 202 (M)
Shares Float 201 (M)
Held by Insiders 0.3 (%)
Held by Institutions 53 (%)
Shares Short 7,310 (K)
Shares Short P.Month 5,410 (K)
Stock Financials
EPS 5
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 8.47
Profit Margin 29.5 %
Operating Margin 32.5 %
Return on Assets (ttm) 9.1 %
Return on Equity (ttm) 59.1 %
Qtrly Rev. Growth 11.1 %
Gross Profit (p.s.) 7.37
Sales Per Share 17.21
EBITDA (p.s.) 7.02
Qtrly Earnings Growth -29.8 %
Operating Cash Flow 1,500 (M)
Levered Free Cash Flow 760 (M)
Stock Valuations
PE Ratio 13.8
PEG Ratio 3.9
Price to Book value 8.13
Price to Sales 4
Price to Cash Flow 9.29
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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