MMP

Magellan Midstream Partners, L.P. [MMP] Stock Forecast

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RSI : 000

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In the News

09:00 29 May 2023 MMP

Buy Alert: 3 Undervalued High-Yield Gems For Your Retirement

This article discusses three high-yielding stocks for retirees and income-oriented investors: ONEOK, AbbVie, and Realty Income. ONEOK is a cyclical income play with a 6.5% yield, AbbVie offers a high-quality healthcare yield of 4.2%, and Realty Income provides steady and reliable dividend growth with a 5.2% yield.

01:13 29 May 2023 MMP

Magellan Midstream Is Merging And Others Will Follow

ONEOK Inc and Magellan Midstream Partners merger would create the fourth largest US midstream company with combined enterprise value of $60 billion.

08:06 29 May 2023 MMP

Energy Transfer: 2 Better High-Yield Energy Stocks to Buy

Energy Transfer's long history of poor returns and execution make these two alternatives the better investment choices.

05:36 29 May 2023 MMP

Oneok Investors Are Balking at the Magellan Deal

The pipelines combination of Oneoke and Magellan requires shareholder approval from both sides. That is far from certain amid questions about the merit of the $18.8 billion transaction.

01:20 29 May 2023 MMP

Why Magellan Midstream Partners Stock Soared 13% This Week

Magellan Midstream Partners will become a fully owned subsidiary of Oneok in the next quarter. Investors in the oil stock can still expect big dividends after the merger.

02:56 29 May 2023 MMP

May's 5 Dividend Growth Stocks With 6.08%+ Yields

May started off on a bit of a sour note, with the broader indexes giving up some of their gains. Declining prices have helped push up dividend yields across the board as share prices fall.

10:00 29 May 2023 MMP

Magellan Midstream to Participate in the 20th Annual EIC Investor Conference

TULSA, Okla. , May 18, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P.

09:58 29 May 2023 MMP

ONEOK Buys Magellan (MMP) for $18.8B, Creates Midstream Giant

Magellan (MMP) and ONEOK join forces to create a midstream giant with a net enterprise value of $60.0 billion.

10:35 29 May 2023 MMP

ONEOK Buys Magellan for $18.8 Billion to Add Oil, Refined Products

Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.

07:10 29 May 2023 MMP

Could This Catalyst Spark a Consolidation Wave Among These High-Yielding Dividend Stocks?

ONEOK's acquisition of Magellan Midstream Partners is the latest deal in the midstream sector. While most prior transactions have been strategically focused, this deal has a notable financial benefit.

MMP Financial details

Company Rating
Strong Buy
Market Cap
12.36B
Income
972.7M
Revenue
3.4B
Book val./share
9.07
Cash/share
0.04
Dividend
4.18
Dividend %
6.84%
Employees
1.66K
Optionable
No
Shortable
Yes
Earnings
26 Jul 2023
P/E
12.83
Forward P/E
-
PEG
24.93
P/S
3.64
P/B
6.74
P/C
1530.5
P/FCF
10.15
Quick Ratio
0.33
Current Ratio
0.97
Debt / Equity
3.18
LT Debt / Equity
2.75
-
-
EPS (TTM)
4.7
EPS next Y
-
EPS next Q
0.5
EPS this Y
10.74%
EPS next Y
-
EPS next 5Y
-10.32%
EPS last 5Y
-3.25%
Revenue last 5Y
2.52%
Revenue Q/Q
1.01%
EPS Q/Q
47.25%
-
-
-
-
SMA20
10.71%
SMA50
16.98%
SMA100
24%
Inst Own
0%
Inst Trans
0%
ROA
13%
ROE
191%
ROC
0.16%
Gross Margin
56%
Oper. Margin
32%
Profit Margin
29%
Payout
89%
Shs Outstand
202.1M
Shs Float
201.29M
-
-
-
-
Target Price
55.56
52W Range
44.79-64.42
52W High
-4.34%
52W Low
+39.14%
RSI
66
Rel Volume
0.79
Avg Volume
1.3M
Volume
1.04M
Perf Week
-2.31%
Perf Month
8.97%
Perf Quarter
18.53%
Perf Half Y
15.53%
-
-
-
-
Beta
0.914496
-
-
Volatility
0.46%, 3.21%
Prev Close
-0.62%
Price
61.22
Change
-0.84%

MMP Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
Revenue per share
12.3811.9310.7712.4515.28
Net income per share
5.844.463.624.474.95
Operating cash flow per share
5.925.784.915.455.45
Free cash flow per share
3.511.652.964.774.61
Cash per share
0.960.250.060.010.01
Book value per share
0-0.71-0.81-0.83-0.45
Tangible book value per share
11.1211.439.788.237.61
Share holders equity per share
0-0.71-0.81-0.83-0.45
Interest debt per share
19.5922.223.824.9925.74
Market cap
13.03B14.38B9.57B10.2B10.51B
Enterprise value
17.08B19.2B14.7B15.46B15.67B
P/E ratio
9.7714.0811.7110.3910.14
Price to sales ratio
4.615.273.943.733.29
POCF ratio
9.6310.888.648.539.21
PFCF ratio
16.2738.1214.339.7310.88
P/B Ratio
0-88.71-52.24-55.67-111.97
PTB ratio
0-88.71-52.24-55.67-111.97
EV to sales
6.047.046.065.664.9
Enterprise value over EBITDA
9.4816.0614.2714.2314.39
EV to operating cash flow
12.6314.5313.2812.9213.73
EV to free cash flow
21.3450.8922.0114.7616.23
Earnings yield
0.10.070.090.10.1
Free cash flow yield
0.060.030.070.10.09
Debt to equity
0-35.31-32.17-33.46-64.14
Debt to assets
0.660.680.720.760.78
Net debt to EBITDA
2.254.034.984.844.74
Current ratio
0.960.690.731.240.98
Interest coverage
5.874.73.463.793.49
Income quality
1.011.291.361.221.1
Dividend Yield
0.070.060.10.090.08
Payout ratio
0.650.91.130.920.84
Sales general and administrative to revenue
0.070.070.070.080.08
Research and developement to revenue
00000
Intangibles to total assets
0.010.010.010.010.01
Capex to operating cash flow
-0.41-0.71-0.4-0.12-0.15
Capex to revenue
-0.2-0.35-0.18-0.05-0.05
Capex to depreciation
-2.08-3.84-1.7-0.65-0.6
Stock based compensation to revenue
0.010.0100.010.01
Graham number
08.448.149.167.07
ROIC
0.170.120.10.110.1
Return on tangible assets
0.170.120.10.120.14
Graham Net
-20.56-23.88-25.22-26.69-26.96
Working capital
-30.21M-207.47M-153.38M163.6M-15M
Tangible asset value
2.54B2.61B2.21B1.81B1.59B
Net current asset value
-4.46B-5.26B-5.49B-5.29B-5.31B
Invested capital
0-30.09-28.08-28.72-54.98
Average receivables
141.26M139.25M147.77M158.01M217.05M
Average payables
121.79M144.86M125.51M104.76M108.85M
Average inventory
184.04M185.07M175.89M224.24M318.65M
Days sales outstanding
16.6819.9821.9822.6830.14
Days payables outstanding
52.2463.6847.2739.6527.97
Days of inventory on hand
69.9377.7779.1101.892.06
Receivables turnover
21.8818.2716.616.112.11
Payables turnover
6.995.737.729.213.05
Inventory turnover
5.224.694.613.593.96
ROE
0-6.3-4.46-5.36-11.04
Capex per share
-2.42-4.13-1.95-0.68-0.84

Quarterly Fundamentals Overview

Last date of statement is 2023-03-31 for Q1

Metric History 2022-03-312022-06-302022-09-302022-12-31 2023-03-31
Revenue per share
3.173.734.224.194.26
Net income per share
0.780.861.590.911.34
Operating cash flow per share
0.471.41.891.711.72
Free cash flow per share
0.261.211.681.491.51
Cash per share
0.020.020.040.010.04
Book value per share
-0.722-0.68-0.469.07
Tangible book value per share
8.037.887.997.757.8
Share holders equity per share
-0.722-0.68-0.469.07
Interest debt per share
26.0424.6925.1625.3925.41
Market cap
10.45B10.11B9.86B10.32B11.07B
Enterprise value
15.93B15.27B15.01B15.48B16.19B
P/E ratio
15.7813.97.4713.810.1
Price to sales ratio
15.4812.8211.2511.9912.73
POCF ratio
104.0534.0425.1829.2931.49
PFCF ratio
188.2339.5228.3333.6536
P/B Ratio
-68.3323.86-69.82-109.945.98
PTB ratio
-68.3323.86-69.82-109.945.98
EV to sales
23.6119.3617.1417.9818.61
Enterprise value over EBITDA
57.4651.1633.8263.4948.78
EV to operating cash flow
158.6551.4238.3543.9346.06
EV to free cash flow
287.0159.7143.1450.4752.65
Earnings yield
0.020.020.030.020.02
Free cash flow yield
0.010.030.040.030.03
Debt to equity
-41.2614.24-42.94-64.143.18
Debt to assets
0.780.770.780.780.78
Net debt to EBITDA
19.7817.311.6121.1615.42
Current ratio
1.50.9710.980.97
Interest coverage
3.874.176.982.215.81
Income quality
0.610.841.191.891.28
Dividend Yield
0.020.020.020.020.02
Payout ratio
1.331.210.651.150.78
Sales general and administrative to revenue
0.090.070.070.070.07
Research and developement to revenue
00000
Intangibles to total assets
0.010.010.010.010.01
Capex to operating cash flow
-0.45-0.14-0.11-0.13-0.13
Capex to revenue
-0.07-0.05-0.05-0.05-0.05
Capex to depreciation
-0.78-0.7-0.75-0.39-0.78
Stock based compensation to revenue
0.020.010.010.010.01
Graham number
3.546.224.933.0616.55
ROIC
0.030.030.050.020.04
Return on tangible assets
0.020.020.040.020.04
Graham Net
-28.3-27.07-27.53-27.45-27.29
Working capital
315.4M-19.3M800K-15M-19.3M
Tangible asset value
1.71B1.67B1.66B1.59B1.59B
Net current asset value
-5.36B-5.36B-5.35B-5.31B-5.29B
Invested capital
-35.8812.2-36.57-54.982.77
Average receivables
167.3M172.3M201.6M243.85M230.05M
Average payables
98M118.4M136.6M121.3M117.55M
Average inventory
233.2M318.6M338.9M352.5M341.4M
Days sales outstanding
21.9820.5222.9527.6320.26
Days payables outstanding
29.2936.6237.0521.9630.38
Days of inventory on hand
92.1286.8196.1572.2878.2
Receivables turnover
4.094.393.923.264.44
Payables turnover
3.072.462.434.12.96
Inventory turnover
0.981.040.941.251.15
ROE
-1.080.43-2.34-1.990.15
Capex per share
-0.21-0.19-0.21-0.22-0.22

MMP Frequently Asked Questions

What is Magellan Midstream Partners, L.P. stock symbol ?

Magellan Midstream Partners, L.P. is a US stock , located in Tulsa of Ok and trading under the symbol MMP

Is Magellan Midstream Partners, L.P. buy or a sell ?

14 stock analysts have 14 predictions with a medium analyst target price of $54.86. The lowest prediction is $49 and the highest is $66

What is MMP stock prediction ?

With a median analyst target price of $66, 1 stock analysts have made 1 forecasts in last 90 days. $66 is the lowest and $66 is the greatest projection.

What is Magellan Midstream Partners, L.P. stock quote today ?

Magellan Midstream Partners, L.P. stock price is $61.22 today.

Is Magellan Midstream Partners, L.P. stock public?

Yes, Magellan Midstream Partners, L.P. is a publicly traded company.

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