Magellan Midstream Partners, L.P. (MMP)

Check out top investors' recommendation for MMP
Last closing price (N/A)
(0.00%) ? 
Last closing price is the stock price upon last market close (date specified in parenthesis).
Return to date (1m/3m/6m/12m):
N/A ? 
Return to date is the stock return for the specified period of time.
Consensus price target (1m/3m/6m/12m):
75.00
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Consensus price target is the average analyst price target for a specified period of time.
Buy/Sell Mix (1m/3m/6m/12m):
100%/0%
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Buy/sell mix the percentage mix between Buy and Sell recommendations for a given company or a research firm. Hold recommendations are excluded.
Description:
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of petroleum products in the United States. The company’s petroleum pipeline system transports petroleum products, such as gasoline, diesel and aviation fuel, heating oil, crude oil, and liquefied petroleum gas for independent and integrated oil companies, wholesalers, retailers, railroads, airlines, and regional farm cooperatives. It owns and operates storage terminals that have storage capacity of approximately 36 million barrels; and provides distribution, storage, blending, inventory management, and additive injection services for refiners and other end-users of petroleum products. In addition, the company owns and operates inland terminals that have a combined storage capacity of approximately 5 million barrels; and provides inventory and supply management, distribution, and gasoline additives injection services for retail, industrial, and commercial sale markets. Further, its ammonia pipeline system transports ammonia, which is primarily used as a nitrogen fertilizer, from production facilities in Texas and Oklahoma to terminals in the Midwest. As of December 31, 2012, the company’s petroleum pipeline system comprised approximately 9,600 miles of pipeline and 49 terminals; 6 petroleum storage terminals located along coastal waterways in New Haven, Connecticut, Wilmington, Delaware, Gibson and Marrero, Louisiana and Corpus Christi, and Galena Park, Texas; 1 crude oil storage terminal in Cushing, Oklahoma; and 27 inland terminals located primarily in the southeastern United States. Its ammonia pipeline system consisted of 1,100-mile ammonia pipeline and 6 terminals. Magellan GP, LLC serves as the general partner of Magellan Midstream Partners, L.P. The company was founded in 2000 and is headquartered in Tulsa, Oklahoma.
Sector:
Analyst
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Signal
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Signal Date
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Initial Price
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Price Target
A Price Target is an analyst’s projection of a company’s stock price by the end of the recommendation period. It represents the price at which the analyst would exit his or her existing position.
Closing Date
Closing Date is the expiration date of a recommendation. The validity timeframe of a professional analyst’s recommendation is 12 months. Investor Wand analysts can set their recommendation timeframe to one, three, six, or 12 months.
Return
The return on a single open recommendation is calculated as the maximum of the current return (based on the latest closing price) and the target price return, if the symbol reached the target. The return on a single closed recommendation is calculated as the maximum of the return on the closing date (at the end of recommendation timeframe) and the target price return, if the stock hit the target price. The return is adjusted for one-time events (e.g., stock splits).
Michael Schmitz Ladenburg Thalmann & Co. Buy   Mar 26, '19     75.00  Mar 26, '20  N/A 
Elvira Scotto RBC Capital Markets Buy   Feb 04, '19     74.00  Feb 04, '20  N/A 
Shneur Gershuni UBS Buy   Feb 01, '19     71.00  Feb 01, '20  N/A 
Elvira Scotto RBC Capital Markets Buy   Apr 09, '18       Apr 09, '19  N/A 
Faisel Khan Citi Buy   Sep 21, '17       Sep 21, '18  N/A 
Shneur Gershuni UBS Buy   Jul 18, '17     82.00  Jul 18, '18  N/A 
Darren Horowitz Raymond James Buy   Jan 12, '17     73.00  Jan 12, '18  N/A 
Eduardo Seda Ladenburg Thalmann & Co. Buy   Dec 19, '16       Dec 19, '17  N/A 
Gary Hovis Argus Research Company Buy   Aug 23, '16     85.00  Aug 23, '17  N/A 
Eduardo Seda Ladenburg Thalmann & Co. Buy   Jul 13, '16       Jul 13, '17  N/A 
John Edwards Credit Suisse Sell   May 12, '16   67.13  70.00  May 12, '17  0.41% 
Shneur Gershuni UBS Buy   Jan 06, '16   63.91  77.00  Jan 06, '17  20.28% 
Darren Horowitz Raymond James Buy   Jan 04, '16   65.48  78.00  Jan 04, '17  15.97% 
Selman Akyol Stifel Nicolaus & Company, Inc. Buy   Aug 11, '15   65.36  77.00  Aug 11, '16  12.34% 
Richard Gross Barclays Buy   Aug 10, '15   64.92  85.00  Aug 10, '16  8.52% 
Gary Hovis Argus Research Company Buy   Aug 10, '15   64.92  85.00  Aug 10, '16  8.52% 
John Edwards Credit Suisse Buy   Aug 07, '15   61.09  89.00  Aug 07, '16  14.80% 
William Martone Unaffiliated Buy   Mar 29, '15   75.65  90.00  Mar 29, '16  -10.56% 
Gary Hovis Argus Research Company Buy   Dec 15, '14   73.57  90.00  Dec 15, '15  -19.90% 
Richard Gross Barclays Buy   Nov 03, '14   79.69    Nov 03, '15  -18.85% 
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