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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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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Zacks Rank Home - Zacks Rank resources in one place

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

NA

Industry: NA

Better trading starts here.

Zacks News

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: BP's Contract Renewal, SDRL's Bankruptcy, REN's Asset Sale

It was a week where oil prices briefly crossed the key mark of $50. Natural gas futures rallied too as warmer forecasts continue raising expectations for demand.

    Valero, Magellan Midstream to Jointly Expand Pasadena Unit

    Valero (VLO) and Magellan Midstream (MMP) will meet the growing demand for refined petroleum products through the expansion of marine storage terminal.

      Magellan Midstream Sees Biggest Gasoline Spill Due to Harvey

      Including the Magellan Midstream (MMP) spill, the total amount of fuel leaked in the Texas area due to Harvey is estimated at 600,000 gallons.

        Magellan Midstream (MMP) Down 2.3% Since Earnings Report: Can It Rebound?

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

          Magellan (MMP) to Start Work on New Delaware Basin Pipeline

          Magellan Midstream (MMP) plans to build a new pipeline to consolidate its fee-based services.

            Valero Energy-Magellan Midstream Arms to Construct Pipeline

            Valero Energy's (VLO) indirect wholly-owned subsidiary, V-Tex Logistics, has inked an agreement with a subsidiary of Magellan Midstream to build pipeline.

              Magellan Midstream (MMP) Q2 Earnings, Revenue Beat Estimate

              Pipeline operator Magellan Midstream (MMP) delivered strong second-quarter results, surpassing the Zacks Consensus Estimate on both metrics.

                Nilanjan Choudhury headshot

                Magellan Midstream (MMP) Q2 Earnings: What to Expect?

                Magellan Midstream's (MMP) non-fee based assets continue to be under pressure due to weak crude prices.

                  Nilanjan Choudhury headshot

                  NuStar Energy (NS) Q2 Earnings, Revenues Miss Estimates

                  Pressured by difficult market conditions, pipeline operator NuStar Energy's (NS) second-quarter earnings missed Zacks Consensus Estimate.

                    Magellan's (MMP) Longhorn Pipeline Resumes Operation

                    Magellan (MMP) reported that the leak in its Longhorn Pipeline located four miles southwest of Bastrop has been repaired.

                      Plains All American, Magellan Midstream Launch Open Season

                      Plains All American Pipeline, L.P. (PAA) and Magellan Midstream Partners, L.P. (MMP) launched an open season at Midland, TX.

                        Magellan Midstream (MMP) Q1 Earnings, Revenue Beat Estimate

                        Pipeline operator Magellan Midstream (MMP) delivered strong first-quarter results, surpassing the Zacks Consensus Estimate on both metrics.

                          Nilanjan Choudhury headshot

                          Magellan Midstream (MMP) Q1 Earnings: What to Expect?

                          Pipeline operator Magellan Midstream Partners (MMP) is set to release its first-quarter results before the opening bell on Wednesday, May 3.

                            Magellan Midstream (MMP) Settles Splitter Deal Dispute

                            Magellan Midstream Partners, L.P. (MMP) recently entered into a new fee based agreement with commodity trader Trafigura Trading LLC for the use of its Corpus Christi condensate splitter.

                              Magellan Midstream (MMP) Down 2.8% Since 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) Q4 Earnings and Revenues Beat

                                Pipeline operator Magellan Midstream Partners LP (MMP) delivered earnings per unit (EPU) - excluding mark-to-market commodity-related pricing adjustments - of $1.04.

                                  Magellan Midstream (MMP) Misses on Q4 Earnings Estimates

                                  Tulsa, OK-based Magellan Midstream Partners LP (MMP) is a master limited partnership (MLP) that owns and operates a diversified portfolio of energy infrastructure assets.

                                    Magellan Midstream (MMP): What to Expect in Q4 Earnings?

                                    Pipeline operator Magellan Midstream Partners L.P. (MMP) is set to release fourth-quarter 2016 results before the opening bell on Feb 2.

                                      Magellan Midstream Partners Increases Q4 Cash Distribution

                                      Pipeline operator Magellan Midstream Partners LP (MMP) recently received an approval from its board of directors to hike cash distribution for fourth-quarter 2016.

                                        Magellan (MMP) to Invest in Expansion of Seabrook Logistics

                                        On Dec 7, 2016, pipeline operator Magellan Midstream Partners, L.P. (MMP) and LBC Tank Terminals revealed their plans to expand the infrastructure of Seabrook Logistics.

                                          Nilanjan Choudhury headshot

                                          Plenty of Oil & Gas Choices for Bargain-Hunting Investors

                                          It may be a good idea to look at energy companies that have low debt capital ratios, which make debt servicing relatively easier for them.

                                            Kevin Matras headshot

                                            Get Ready To Be Surprised This Earnings Season

                                            Kevin Matras details a good screen to use before and after a company reports this earnings season. Highlighted stocks include ECOL, MMP, WPC, TIF and LAZ.