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Magellan Midstream Partners, L.P. (MMP)

(Delayed Data from NYSE)

$61.62 USD

61.62
1,080,670

+0.41 (0.67%)

Updated May 3, 2019 04:02 PM ET

After-Market: $61.63 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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NA

Industry: NA

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Zacks News

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The Zacks Analyst Blog Highlights: Holly Energy, Magellan Midstream, AngloGold Ashanti, Royal Gold and Kinross Gold

The Zacks Analyst Blog Highlights: Holly Energy, Magellan Midstream, AngloGold Ashanti, Royal Gold and Kinross Gold

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Oil Prices Rise Ahead of Likely Fed Rate Cut: 5 Top Picks

Oil prices extend gains amid widespread expectations that the Fed will cut interest rates for the first time in more than a decade this week.

The Zacks Analyst Blog Highlights: Enterprise Products, Magellan Midstream, Pioneer Natural and Diamondback

The Zacks Analyst Blog Highlights: Enterprise Products, Magellan Midstream, Pioneer Natural and Diamondback

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Middle East Tensions Drive US Oil Demand: 4 Likely Gainers

Possibility of disruption of crude shipments through the Strait of Hormuz has increased scope for the United States to boost crude export volumes.

Is Magellan Mulling to Sell Stake in Longhorn Pipeline?

The divestment of a stake in the Longhorn pipeline could fetch Magellan Midstream Partners (MMP) as much as $2 billion and help the firm to reduce debt.

Nilanjan Banerjee headshot

Outlook for Oil & Gas Pipeline MLP Industry Looks Bright

Oil & Gas Pipeline MLPs generate stable fee-based revenues from diversified networks of pipeline and other midstream assets.

Magellan Midstream (MMP) Up 1.1% Since Last Earnings Report: Can It Continue?

Magellan Midstream (MMP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Magellan Midstream's (MMP) Q1 Earnings Beat, Sales Miss

Magellan Midstream's (MMP) DCF in Q1 came in at $318 million, up from $258.9 million in the year-ago period on the back of divestment gains.

Magellan Midstream Extends Open Season of Voyager Pipeline

Magellan Midstream Partners (MMP) and Navigator Energy Services extend the open season for the planned Voyager Pipeline. This will provide additional time to potential shippers to confirm commitments.

Magellan Cuts Capex Amid Pipeline Construction Uncertainty

Magellan (MMP) expects to generate DCF of around $1.14 billion this year and targets annual distribution growth of 5%.

Buckeye Partners (BPL) Q4 Earnings & Revenues Beat Estimates

Buckeye Partners' (BPL) fourth-quarter earnings per unit surpass the Zacks Consensus Estimate.

Magellan Midstream (MMP) Q4 Earnings Miss, Revenue Beat

Petroleum pipeline operator Magellan Midstream (MMP) expects to generate distributable cash flows of approximately $1.14 billion in 2019.

What's in Store for Magellan Midstream (MMP) in Q4 Earnings?

Rising throughput levels from Magellan Midstream's (MMP) pipeline projects, including Longhorn, Saddlehorn and Bridge Tex pipelines, are likely to aid its earnings amid high costs and debt concerns.

Magellan (MMP) Rewards Unitholders With Distribution Hike

Magellan (MMP) has increased its distribution 67 times since it went public.

Magellan Midstream (MMP) Down 1.4% Since Last Earnings Report: Can It Rebound?

Magellan Midstream (MMP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Magellan Midstream (MMP) Beats on Q3 Earnings and Sales

Magellan Midstream's (MMP) DCF in the third quarter of 2018 rises 19.8% from the year-ago level.

Can Magellan Midstream (MMP) Keep the Earnings Surprise Streak Alive?

Magellan Midstream (MMP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Permian Producers to Witness EPIC Solution for Bottlenecks

EPIC is planning on transforming its 730-mile NGL pipeline into a crude oil shipping one to provide producers with interim easement.

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    Oil & Gas Stock Roundup: Transocean's Acquisition, Chevron's Legal Victory & More

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      Energy Transfer & Others Unite for Permian Pipeline Project

      Energy Transfer Partners (ETP), Magellan Midstream, Delek and MPLX team up to build a 600-mile long pipeline that will aid in oil transportation from the Permian basin to the Gulf Coast region.

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        Pipeline Pinch Plagues Permian Play: Winners and Losers

        Producers' pain amid pipeline woes is likely to translate into midstream and refiners' gain.

          The Zacks Analyst Blog Highlights: Eclipse Resources, Schlumberger, Enbridge, Plains All and Magellan Midstream

          The Zacks Analyst Blog Highlights: Eclipse Resources, Schlumberger, Enbridge, Plains All and Magellan Midstream

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            Oil & Gas Stock Roundup: Eclipse Resources' Merger, Schlumberger's Asset Sale & More

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