Back to top
more

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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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%.

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

NA

Industry: NA

Better trading starts here.

Zacks News

Is Enterprise Products Partners (EPD) Outperforming Other Oils-Energy Stocks This Year?

Here is how Enterprise Products Partners (EPD) and Magellan Midstream Partners (MMP) have performed compared to their sector so far this year.

Turjya Saha headshot

Magellan (MMP) & ONEOK Clear Hurdle in Pending Acquisition

Magellan Midstream's (MMP) acquisition by ONEOK Inc. (OKE) nears closure with the termination of the HSR waiting period.

Magellan Midstream Partners (MMP) Gains But Lags Market: What You Should Know

Magellan Midstream Partners (MMP) closed at $60.36 in the latest trading session, marking a +0.43% move from the prior day.

Magellan Midstream Partners (MMP) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Magellan Midstream Partners (MMP) closed at $59.55, marking a -0.85% move from the previous day.

Magellan Midstream Partners (MMP) Gains As Market Dips: What You Should Know

Magellan Midstream Partners (MMP) closed the most recent trading day at $61.97, moving +0.8% from the previous trading session.

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.

ONEOK (OKE) Signs $18.8B Merger Agreement With Magellan

ONEOK (OKE) signs a merger agreement with Magellan. This pact will open up Magellan's refined products and crude oil transportation business to ONEOK.

Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Magellan's (MMP) Q1 Earnings & Revenues Outpace Estimates

Magellan (MMP) projects free cash flow of $1.1 billion and net income per unit of $4.95 for 2023. It also expects refined product rates to increase 11% on Jul 1, 2023.

Company News for May 16, 2023

Companies In The News Are: OKE, MMP, NEM, WDC, SHAK.

Zacks Industry Outlook Highlights Enterprise Products Partners, Magellan Midstream Partners and NuStar Energy

Enterprise Products Partners, Magellan Midstream Partners and NuStar Energy have been highlighted in this Industry Outlook article.

Nilanjan Banerjee headshot

3 Oil & Gas Pipeline Stocks to Gain Amid Industry Challenges

Conservative capital spending by upstream players and possibilities for soft fuel demand could hurt demand for partnerships' midstream assets. EPD, MMP and NS are surviving the industry challenges.

Are Magellan's (MMP) Q1 Earnings Poised to Beat Expectations?

Higher refined products' tariffs and an increase in fee-based revenues are likely to have boosted Magellan Midstream's (MMP) profit levels in the first quarter.

Enbridge (ENB) to Report Q1 Earnings: What's in the Offing?

Higher expenses are expected to have dented Enbridge's (ENB) bottom line in Q1.

Matador (MTDR) Tops on Q1 Earnings, Reiterates Output View

Higher oil equivalent production volumes aid Matador's (MTDR) earnings in Q1.

Is a Beat in Store for PBF Energy (PBF) in Q1 Earnings?

PBF Energy (PBF) is likely to have benefited from increased gasoline prices in the first quarter.

Is a Beat in Store for ConocoPhillips (COP) in Q1 Earnings?

Higher production is likely to have aided ConocoPhillips' (COP) performance in the first quarter.

Par Pacific (PARR) to Report Q1 Earnings: What to Expect?

Sustained lower crude prices are likely to have a relatively negative effect on Par Pacific's (PARR) refining margins in the first quarter.

Is a Beat in Store for EOG Resources (EOG) in Q1 Earnings?

Favorable commodity price is likely to have aided EOG Resources' (EOG) earnings in Q1.

What's in the Offing for Equinor's (EQNR) Earnings in Q1?

Favorable commodity prices and production are likely to have aided Equinor's (EQNR) Q1 earnings.

Phillips 66 (PSX) to Report Q1 Earnings: What to Expect?

The sustained lower crude prices are likely to have a relatively negative effect on Phillips 66's (PSX) refining margins in Q1.

Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Magellan Midstream Partners (MMP) Gains But Lags Market: What You Should Know

In the latest trading session, Magellan Midstream Partners (MMP) closed at $55.75, marking a +0.38% move from the previous day.

Is a Beat in the Cards for Sunoco (SUN) in Q1 Earnings?

Increasing total motor fuel gallons sold is likely to have aided Sunoco's (SUN) Q1 earnings.

ONEOK (OKE) to Release Q1 Earnings: What's in the Cards?

ONEOK's (OKE) first-quarter earnings are likely to have benefited from fee-based earnings and an increase in production volumes.