Magellan Midstream Partners Lp Stock News

MMP yields just under 9% with 20 straight years of distribution growth. MMP is very undervalued at current prices and is trading at approximately 8.5x cash flows.

Magellan Midstream Partners has restarted distribution growth after a nearly two-year hiatus. It was positive to see their cash flow performance recovering after a weak start to 2021, although this wa

Magellan Midstream Partners' 9.1% distribution yield is at minimal risk of being cut based on its payout ratios and the stability of its business model. The stock's distributable cash flow is up just

These stocks look like great buys heading into 2022.

GWM Advisors LLC grew its position in Magellan Midstream Partners, L.P. (NYSE:MMP) by 94.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,149 shares of the pipeline companys stock after purchasing an additional 11,711 shares during the quarter. GWM Advisors LLCs []

Bank of America Corp DE trimmed its holdings in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 5.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,592,776 shares of the pipeline companys stock after selling 91,883 shares during the period. Bank of America Corp DEs holdings in Magellan Midstream Partners were worth []

U.S. Capital Wealth Advisors LLC purchased a new position in Magellan Midstream Partners, L.P. (NYSE:MMP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 60,213 shares of the pipeline company’s stock, valued at approximately $2,745,000. A number of other institutional investors […]

Analysts expect Magellan Midstream Partners, L.P. (NYSE:MMP) to announce earnings per share of $1.11 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Magellan Midstream Partners earnings. The highest EPS estimate is $1.17 and the lowest is $1.09. Magellan Midstream Partners posted earnings per share of $0.94 in the same quarter []

Magnolia Capital Management Ltd. cut its position in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 11.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 21,566 shares of the pipeline companys stock after selling 2,702 shares during the quarter. Magellan Midstream Partners []

Magellan Midstream Partners (NYSE:MMP) had its price objective cut by Wells Fargo & Company from $54.00 to $52.00 in a report released on Thursday morning, PriceTargets.com reports. They currently have an equal weight rating on the pipeline companys stock. Other equities analysts have also recently issued reports about the stock. Raymond James upped their price [] The post Wells Fargo & Company Lowers Magellan Midstream Partners (NYSE:MMP) Price Target to $52.00 appeared first on ETF Daily News .

M&T Bank Corp lifted its stake in Magellan Midstream Partners, L.P. (NYSE:MMP) by 1.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 181,925 shares of the pipeline companys stock after purchasing an additional 1,745 shares during the quarter. M&T Bank Corps holdings []

With yields ranging from 5% to 9%, these stocks are no-brainers that will compound dividend growth for decades to come.

Today almost 60% of Americans think they'll never be able to retire. 41% say it would take a miracle to achieve their financial goals.

Higher commodity prices have made midstream energy operators financially stronger and healthier. This has allowed the likes of EPD, MPLX, MMP, PAA and WES to increase stockholder returns through buyba

Avantax Advisory Services Inc. raised its holdings in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 29.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,395 shares of the pipeline companys stock after acquiring an additional 3,008 shares during the quarter. Avantax Advisory []