Magellan midstream stock price.

Oneok to buy Magellan Midstream in $19bn US ... $25 cash and 0.67 Oneok shares for each unit of stock they hold, representing a 22 per cent premium to the company’s closing price on Friday. ...Magellan Midstream Partners’ Fundamentals in Recent Years Look Strong MMP’s Revenues grew by 22% from $2.2 billion in 2015 to $2.7 billion in 2019, driven by rising benchmark prices and ...Thinking About its Valuation. As a rough estimate, Magellan was on target to report about $1.4 billion of EBITDA in 2023. While ONEOK was guiding for about $4.4 billion of EBITDA in 2023. OKE Q1 ...Sep 26, 2023 · Magellan’s unitholders received $25.00 in cash and 0.667 shares of ONEOK common stock for each outstanding Magellan common unit. Magellan common units will no longer be publicly traded on the ...

Magellan Midstream Partners MMP, a prominent energy infrastructure company, is set to be acquired by ONEOK Inc OKE. in a significant cash-and-stock transaction worth $18.8 billion. This deal is ...The ratio of debt to operating expenses for MAGELLAN MIDSTREAM PARTNERS LP is higher than it is for about 91.29% of US stocks. Stocks with similar financial metrics, market capitalization, and price volatility to MAGELLAN MIDSTREAM PARTNERS LP are NFE, AROC, RCL, WLFC, and WEN. Visit MMP's SEC page to see the company's official filings.Magellan Midstream Partners L.P (MMP) stock forecast and price target. Find the latest Magellan Midstream Partners L.P MMP analyst stock forecast, price target, and recommendation trends with in ...

About Magellan Midstream Partners, L.P. Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products ...

The consideration will consist of $25.00 in cash and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a current implied value to each Magellan unitholder ...Magellan Midstream Partners Stock Earnings. The value each MMP share was expected to gain vs. the value that each MMP share actually gained. MMP ( MMP) reported Q2 2023 earnings per share (EPS) of $1.18, beating estimates of $1.11 by 6.29%. In the same quarter last year, MMP 's earnings per share (EPS) was $1.67.Stock Price | Live Quote | Historical Chart. Magellan Midstream Partners traded at $69.00 this Friday September 22nd, increasing $0.46 or 0.67 percent since the previous trading …Oneok (OKE 0.99%) made a bold move in May, agreeing to acquire Magellan Midstream Partners in an $18.8 billion transaction. While Magellan isn't the greatest strategic fit since it focuses on oil ...

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Updated May 15, 2023, 9:46 am EDT / Original May 15, 2023, 5:13 am EDT. Reprints. Oil pipeline operator Oneok agreed to buy rival Magellan in a deal that values the company at about $19 billion ...

Magellan Midstream Partners LP (MMP) $69.00 0.00 (0.00%) 19:00 EDT MMP Stock Quote Delayed 30 Minutes.Magellan Midstream Partners LP stock price live 69.00, this page displays NYSE MMP stock exchange data. View the MMP premarket stock price ahead of the market …Under the deal in which ONEOK will also assume Magellan's debt, ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a premium of 22% ...Magellan Midstream Partners (NYSE:MMP) has a recorded net income of $1.04 billion. MMP has generated $5.02 earnings per share over the last four quarters. What is Magellan Midstream Partners's price-to-earnings ratio?Since April 2, when OPEC+ made its announcement, oil prices have surged higher than $80.00 per barrel. Some of the biggest initial winners in the wake of the announcement and resultant oil-price hike were pipeline stocks, including Magellan Midstream Partners stock. Magellan Midstream Partners is a master limited …The consideration will consist of $25.00 in cash and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a current implied value to each Magellan unitholder of $67.50 per unit, for a 22% premium, based on May 12, 2023 closing prices.Get Magellan Midstream Partners LP historical price data for MMP stock. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change.

A U.S. holder’s tax basis in any shares of OKE common stock received in the transaction should equal the closing OKE share price on the transaction close date, September 25, 2023. The OKE closing share price on September 25, 2023, was $66.54.While the rest of the energy world collapsed, Magellan netted a 37% gain for the year. Why Magellan Midstream Partners Was One of Few Energy Stocks to Throttle the S&P 500 in 2014 | The Motley FoolThe consideration will consist of $25.00 in cash and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a current implied value to each Magellan unitholder ...Sep 25, 2023 · Magellan unitholders received $25.00 in cash and 0.667 shares of ONEOK common stock for each outstanding Magellan common unit. Magellan common units will no longer be publicly traded on the New ... The stock is conservatively trading at a 16% discount to fair value. Magellan Midstream Partners' 9.1% distribution and low-single-digit annual DCF growth potential alone should allow for low ...

Stocks: NYQ: EMP: Entergy Mississippi, LLC First : 21.81: N/A: Stocks: NYQ: EMP: Entergy Mississippi, LLC First : 22.10: N/A: ETF: NYQ: MMP: Magellan Midstream …

Jan 3, 2022 · The MMP stock price is still 28% below its pre-2020 correction level. Summary and Recommendations Magellan is a solid choice for investors who see a reliable 9% annual yield as an acceptable return. RBC Lifts Price Target on Magellan Midstream Partners to $68 From $66, Cites 'Solid' Q2 Results, 2023 Guidance Boost; Sector Perform Kept Sep. 18 MTBased on Magellan Midstream Partners LP's dividend yield and five-year growth rate, the 5-year yield on cost of Magellan Midstream Partners LP stock as of today is approximately 7.04%.View, at a glance, the 52-Week High and Low for a symbol, along with the 61.8%, 50%, and 38.2% Fibonacci levels. These figures correspond to the information presents on the Trader's Cheat Sheet page. The historical data and Price History for Magellan Midstream Partners LP (MMP) with Intraday, Daily, Weekly, Monthly, and Quarterly data available ...May 14, 2023 · The consideration will consist of $25.00 in cash and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a current implied value to each Magellan unitholder ... Shares of Magellan Midstream Partners has seen some interesting price action recently; the stock is up 1.3% over the past one week and up 4.9% over the past four weeks. And in the last one-year ...Magellan Midstream Partners is an investment grade MLP. See why we think any price of under $50 in MMP stock is likely to generate compelling long-term returns.A U.S. holder’s tax basis in any shares of OKE common stock received in the transaction should equal the closing OKE share price on the transaction close date, September 25, 2023. The OKE closing share price on September 25, 2023, was $66.54.ABOUT MAGELLAN MIDSTREAM PARTNERS: Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and ...The average price target for Magellan Midstream Partners, L.P.'s stock of $57.28 recently provided by leading analysts would represent a -72.99% downside from its last closing price if reached. This potential increase is based on a high estimate of $64.15 and a low estimate of $50.98.

May 19, 2023 · Shares of Magellan Midstream Partners ( MMP) shot up this week, trading 13% higher as of noon Friday, according to data provided by S&P Global Market Intelligence. Ironically, several analysts ...

Sep 20, 2023 · Based on Magellan Midstream Partners LP's dividend yield and five-year growth rate, the 5-year yield on cost of Magellan Midstream Partners LP stock as of today is approximately 7.04%.

RBC Lifts Price Target on Magellan Midstream Partners to $68 From $66, Cites 'Solid' Q2 Results, 2023 Guidance Boost; Sector Perform Kept Sep. 18 MTMagellan Midstream Partners. Magellan (NYSE:MMP) has a market cap of $10.7 billion; its shares were trading around $47.97 on Thursday with a price-earnings ratio of 14.36, a price-book ratio of 4. ...Based on Magellan Midstream Partners LP's dividend yield and five-year growth rate, the 5-year yield on cost of Magellan Midstream Partners LP stock as of today is approximately 7.04%.Upon completion of the merger, Magellan unitholders will receive $25 in cash and 0.667 shares of ONEOK common stock for each outstanding Magellan common unit they hold.Oneok to buy Magellan Midstream in $19bn US ... $25 cash and 0.67 Oneok shares for each unit of stock they hold, representing a 22 per cent premium to the company’s closing price on Friday. ...Historical Prices. Historical stock closing prices for Magellan Midstream Partners, L.P. (MMP). See each day's opening price, high, low, close, volume, and …Magellan Midstream Partners, L.P. is an American energy pipeline operator based in Tulsa, Oklahoma that primarily transports, ... In May 2023, midstream energy services provider Oneok agreed to acquire Magellan in a cash …Magellan Midstream Partners is known for being a reliable income investment. ... This is equivalent to a 5% rise in the stock price - on top of the 8% distribution.Symbol Lookup from Yahoo Finance. Search for ticker symbols for Stocks, Mutual Funds, ETFs, Indices and Futures on Yahoo! Finance. Stock Price | Live Quote | Historical Chart. Magellan Midstream Partners traded at $69.00 this Friday September 22nd, increasing $0.46 or 0.67 percent since the previous trading …Dec 1, 2023 · 9 Wall Street analysts have issued 1 year price targets for Magellan Midstream Partners' stock. Their MMP share price targets range from $56.00 to $69.00. On average, they anticipate the company's share price to reach $62.00 in the next twelve months. This suggests that the stock has a possible downside of 10.1%. Morgan Stanley’s price target is $19, and Energy Transfer stock has a $16.75 consensus target. The shares closed on Wednesday at $11.76. ... Magellan Midstream Partners stock has a $58 price ...

Magellan Midstream Partners L.P (MMP) stock forecast and price target. Find the latest Magellan Midstream Partners L.P MMP analyst stock forecast, price target, and recommendation trends with in ...Magellan Midstream Partners (MMP) closed at $52.82 in the latest trading session, marking a +1.77% move from the prior day. This change outpaced the S&P 500's 0.34% gain on the day.Magellan Midstream Partners L.P (MMP) stock forecast and price target. Find the latest Magellan Midstream Partners L.P MMP analyst stock forecast, price target, and recommendation trends with in ... Instagram:https://instagram. riskier investmentsmoney market dividend calculatoranhuaser buscheric joseph Based on Magellan Midstream Partners LP's dividend yield and five-year growth rate, the 5-year yield on cost of Magellan Midstream Partners LP stock as of today is approximately 7.04%. best fractional ownership propertiesmercedes gls maybach Summary. On Sunday, midstream corporation ONEOK announced that it will acquire MLP Magellan Midstream Partners in a cash-and-stock deal valued at $18.8 billion. For MMP holders, the deal will be a ... futures brokerage account To sum it up, midstream energy company Oneok offered to buy Magellan for $67.50 per unit. The units currently trade at around $66.50 or so. The units currently trade at around $66.50 or so.The stock is conservatively trading at a 16% discount to fair value. Magellan Midstream Partners' 9.1% distribution and low-single-digit annual DCF growth potential alone should allow for low ...