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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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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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Is It Time to Dive Back into Stocks?

The strength in the economy indicates that Fed actions will continue, so it's better to go for safer stocks.

Plains All American (PAA) Units Up Since Q3 Earnings Beat

Plains All American Pipeline's (PAA) third-quarter earnings were better than expected and the firm raised its 2022 average crude oil pipeline volumes.

Enterprise's (EPD) Q3 Earnings & Revenues Beat Estimates

Higher contributions from the NGL Pipelines & Services business aid Enterprise's (EPD) Q3 earnings.

Magellan (MMP) Q3 Earnings & Sales Beat Estimates, Dividend Up

Magellan's (MMP) third-quarter earnings and revenues beat estimates due to solid segmental performances.

Southwestern's (SWN) Q3 Earnings & Revenues Beat Estimates

Higher natural gas production volumes and commodity price realizations aid Southwestern's (SWN) Q3 earnings.

Antero's (AR) Q3 Earnings Miss Estimates, Revenues Beat

Antero's (AR) lower-than-expected Q3 earnings can be attributed to a fall in natural gas-equivalent production volumes.

All You Need to Know About Magellan Midstream (MMP) Rating Upgrade to Buy

Magellan Midstream (MMP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Magellan Midstream Partners, L.P. (MMP) Soars to 52-Week High, Time to Cash Out?

Magellan Midstream (MMP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

RPC's (RES) Earnings and Revenues Outpace Estimates in Q3

Higher activity levels in all the service lines and improved pricing aid RPC's (RES) Q3 earnings.

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

Magellan Midstream Partners (MMP) closed at $50.50 in the latest trading session, marking a +1.69% move from the prior day.

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

Magellan Midstream Partners (MMP) closed the most recent trading day at $49.45, moving +0.65% from the previous trading session.

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

Magellan Midstream Partners (MMP) closed at $47.70 in the latest trading session, marking a +0.4% move from the prior day.

Magellan Midstream Partners (MMP) Stock Moves -0.61%: What You Should Know

In the latest trading session, Magellan Midstream Partners (MMP) closed at $50.66, marking a -0.61% move from the previous day.

Magellan Midstream Partners (MMP) Stock Moves -1.22%: What You Should Know

In the latest trading session, Magellan Midstream Partners (MMP) closed at $50.96, marking a -1.22% move from the previous day.

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

Magellan Midstream Partners (MMP) closed at $50.29 in the latest trading session, marking a -0.93% move from the prior day.

Why Is Enterprise Products (EPD) Up 1.8% Since Last Earnings Report?

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

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

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

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3 Oil & Gas Pipeline Stocks From the Prospering Industry

Higher production of commodities is boosting demand for pipeline and storage assets, thereby brightening the outlook for the Zacks Oil and Gas - Pipeline MLP industry. Some of the frontrunners in the industry are Enterprise (EPD), Energy Transfer (ET) and Magellan Midstream (MMP).

Magellan Midstream (MMP) Earnings & Sales Beat Estimates in Q2

Magellan Midstream Partners' (MMP) second-quarter earnings and revenues beat estimates.

Is a Surprise Coming for Magellan Midstream Partners (MMP) This Earnings Season?

Magellan Midstream Partners (MMP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is Magellan (MMP) Poised for Another Earnings Beat This Q2?

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

Magellan Midstream (MMP) Moves to Strong Buy: Rationale Behind the Upgrade

Magellan Midstream (MMP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Magellan (MMP) Extends Open Season for Pipeline Expansion

Magellan Midstream (MMP) announces an extension of its open season to solicit customer commitments for a potential expansion of its refined petroleum products pipeline system from Houston to El Paso, TX.

Magellan (MMP) Extends Open Season for Texas Pipeline Expansion

The proposed project by Magellan (MMP) includes the expansion of a 265-mile pipeline segment between Odessa and El Paso.

Magellan Midstream (MMP) Stock Rises 7% After Q1 Earnings Beat

Magellan Midstream Partners (MMP) stock has gone up 7% since its first-quarter 2022 earnings beat the consensus mark, while revenues lag the same.