Magellan midstream partners stock.

Magellan Midstream Partners stock has a $58 price objective at Raymond James. The consensus target is $57.86, and Wednesday’s closing print was $51.31. ALSO READ: Worried About a Market Crash? 8 ...

Magellan midstream partners stock. Things To Know About Magellan midstream partners stock.

The transaction involves ONEOK's acquisition of all outstanding units of Magellan through a mixture of cash and stock. Magellan’s unitholders received $25.00 in cash and 0.667 shares of ONEOK ...Magellan Midstream Partners, L.P ... under which ONEOK will acquire all outstanding units of Magellan in a cash-and-stock transaction consisting of $25.00 in cash and 0.667 shares of ...Whatever the trade. Here's why. ** Shares of ONEOK Inc NYSE:OKE rise 0.8% to $70.43 in early morning trade** Bank of America raises PT to $83 from $72, …Magellan Midstream Partners, L.P. is a publicly traded partnership, which transports, stores and distributes refined petroleum products and crude oil. In 2004, Magellan purchased assets from Shell ...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 ... Magellan Midstream Partners, L.P. Investor Relations: Paula Farrell Phone: (918) 574-7650 …

Magellan Midstream Partners's most recent quarterly dividend payment of $0.2470 per share was made to shareholders on Monday, September 25, 2023. When was Magellan Midstream Partners's most recent ex-dividend date? Magellan Midstream Partners's most recent ex-dividend date was Wednesday, September 20, 2023.As previously announced on May 14, 2023, ONEOK will acquire all outstanding units of Magellan in a cash-and-stock transaction consisting of $25.00 in cash and 0.667 shares of ONEOK common stock ...

In the latest trading session, Magellan Midstream Partners (MMP) closed at $50.29, marking a -0.93% move from the previous day. This change lagged the S&P 500's daily gain of 1.83%.

Reprints. The $18.8 billion deal by Oneok for Magellan Midstream Partners to create one of the largest U.S. energy pipeline operators could be in trouble. Continue reading this article with a ...TULSA, Okla., May 14, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") today announced that they have executed a definitive merger agreement under which ONEOK will acquire all outstanding units of Magellan in a cash-and-stock transaction valued at approximately $18.8 billion ...TULSA, Okla., May 14, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") today announced that they have executed a definitive ...Jan 12, 2023 · 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.

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) ...

Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") announced today that we have scheduled a virtual special meeting of unitholders for Sept. 21, 2023 at 10:00 a.m. Central in connection ...

The receipt of shares of ONEOK, Inc. (“ONEOK”) common stock and cash in exchange for Magellan Midstream Partners, L.P. (“Magellan”) units pursuant to the merger will be treated as a taxable sale of Magellan units for U.S. federal income tax purposes. For a foreign unitholder of Magellan, the broker effecting the transfer on behalf of ...On September 25, 2023, ONEOK, Inc. (NYSE: OKE) acquired all of the outstanding common units of Magellan Midstream Partners, L.P. (“MMP” or “Magellan”) in a cash and stock transaction. Common units of Magellan are no longer publicly traded. MMP unitholders should expect to receive a final Schedule K-1 and supporting materials (expected ... 11 Jul, 2023, 09:00 ET. Magellan Board Unanimously Recommends Unitholders Vote "FOR" the Pending Merger. TULSA, Okla., July 11, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP ...TULSA, Okla., Sept. 25, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) (ONEOK) today announced that it has completed its acquisition of Magellan Midstream Partners, L.P. …Magellan Midstream's (MMP) distributable cash flow (DCF) of $277 million in the third quarter rises 6.9% from the year-ago level. Magellan Midstream Partners, …Magellan Midstream Partners (MMP) Presents At J.P. Morgan 2019 Energy Conference - Slideshow. All earnings call transcripts on Magellan Midstream Partners, L.P. (MMP) stock. Read or listen to the ...

Energy stocks generally offer high dividend yields, and pipeline behemoth Kinder Morgan ( KMI 0.84%) and midsize player Magellan Midstream Partners ( MMP) are no different. Compared to an S&P 500 ...Key Points. Oil and refined products like fuels are still important parts of the global energy market. Magellan Midstream Partners is focused on moving oil and refined products. Investors have ...In the third quarter of 2022, Magellan Midstream Partners reported a distributable cash flow of $290.1 million but paid out $215.2 million during the quarter. This gives the company a distribution ...Strong investment-grade credit ratings with enhanced scale and diversification. TULSA, Okla., May 14, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") today announced that they have executed a definitive merger agreement under which ONEOK …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 ...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) ...Oneok's ( OKE) $18.8 billion deal for Magellan Midstream Partners ( MMP) announced over the weekend shouldn't come as too much of a surprise. After all, the oil and gas pipeline and storage ...

Terms call for Oneok OKE, +1.50% to buy Magellan MMP for a combination of cash and stock, valued at $67.50 using Friday’s closing prices, a 22% premium. Each …

Aug 14, 2023 ... As the longest refined products pipeline system in the country Magellan Midstream Partners ... New York Stock Exchange. 26.3K. Subscribe.Petroleum storage and transportation firm Magellan Midstream Partners L.P. – a master limited partnership – completed the split of its limited partner units in the ratio 2:1.The partnership’s board of directors had given consent for the stock split in late August. Magellan Midstream will start trading on post-split basis from October 16.Oneok to buy Magellan Midstream in $19bn US ... US pipeline giant Oneok is set to buy Magellan Midstream Partners for $18.8bn, creating one of the biggest oil and gas infrastructure companies in ...TULSA, Okla. – Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”) today announced that leading independent proxy advisory firm Institutional Shareholder ...May 15, 2023 · Susan Vineyard. ONEOK, Inc. ( NYSE: OKE) announced the massive acquisition of Magellan Midstream Partners, L.P. ( NYSE: MMP ). The acquisition is a cash and stock deal, valuing Magellan Midstream ... Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") announced today that we have scheduled a virtual special meeting of unitholders for Sept. 21, 2023 at 10:00 a.m. Central in connection ...1 Zacks Equity Research September 22, 2023 at 7:33 AM · 2 min read Energy infrastructure provider Magellan Midstream Partners, L.P. ’s MMP unitholders have voted in favor of the partnership's...The latest Magellan Midstream Partners L.P. stock prices, stock quotes, news, and MMP history to help you invest and trade smarter.

Company profile page for Magellan Midstream Partners LP including stock price, company news, executives, board members, and contact information.

Magellan Midstream Partners Business Model. MMP is a midstream pipeline company focused on transporting refined products and crude oil. ( Investor Presentation) MMP owns the longest refined ...

On September 25, 2023, ONEOK, Inc. (NYSE: OKE) acquired all of the outstanding common units of Magellan Midstream Partners, L.P. (MMP) in a cash and stock transaction. As of September 25, 2023, common units of Magellan are no longer publicly traded. For more information please visit www.oneok.com .On September 25, 2023, ONEOK, Inc. (NYSE: OKE) acquired all of the outstanding common units of Magellan Midstream Partners, L.P. (MMP) in a cash and stock transaction. As of September 25, 2023, common units of Magellan are no longer publicly traded. For more information please visit www.oneok.com .Company profile page for Magellan Midstream Partners LP including stock price, company news, press releases, executives, board members, and contact information.May 15, 2023 · Summary. ONEOK, Inc. and Magellan Midstream Partners, L.P. agreed on an acquisition. ONEOK will pay a takeover premium of a little more than 20%. This deal will be accretive on a per-share basis ... On September 25, 2023, ONEOK, Inc. (NYSE: OKE) acquired all of the outstanding common units of Magellan Midstream Partners, L.P. (MMP) in a cash and stock transaction. Common units of Magellan are no longer publicly traded. THIS DOCUMENT IS PROVIDED FOR GENERAL INFORMATION ONLY AND DOES NOT CONTAIN A COMPLETE ANALYSIS OR DESCRIPTION OF ALL ...May 15, 2023 ... ONEOK Inc. has agreed to acquire Magellan Midstream Partners LP in a cash-and-stock transaction valued at about $18.8 billion including ...Magellan Midstream Partners (NYSE:MMP) -1.5% in early trading Tuesday, giving back a sliver of its 13.5% gain that followed news of Oneok's purchase of the partnership in a cash and stock deal ...Aug 9, 2023 ... Tulsa-based ONEOK and Magellan Midstream Partners have more than ... Share. Save. Report. Comments1. thumbnail-image. Add ...Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and crude oil. Magellan owns the longest ...To the Limited Partners of Magellan Midstream Partners, L.P.: The annual meeting of limited partners of Magellan Midstream Partners, L.P. will be held in the Williams Resource Center at One Williams Center, Tulsa, Oklahoma, on April 27, 2023 at 10:00 a.m. Central Time to consider the following matters:

May 1, 2022 ... ... Stock Exchange (“NYSE”). A director will not qualify as independent unless the Board affirmatively determines that the director has no ...Complete Marshall Monteagle PLC stock information by Barron's. View real-time MMP stock price and news, along with industry-best analysis.Company profile page for Magellan Midstream Partners LP including stock price, company news, press releases, executives, board members, and contact information.Instagram:https://instagram. trade options td ameritradehyundai stocksbuy oil stocks nowoptions price calculator How much profit does Magellan Midstream Partners generate each year? 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. mullen stock forecastceiling water damage insurance claim The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has declared a special cash distribution expected to equal 24.74 cents per unit payable on Sept. 25 to unitholders of record ...May 14, 2023 · TULSA, Okla., May 14, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") today announced that they have executed a definitive merger agreement under which ONEOK will acquire all outstanding units of Magellan in a cash-and-stock transaction valued at approximately $18.8 billion ... ai stock symbol Magellan Midstream Partners (MMP) closed the most recent trading day at $53.04, moving +0.11% from the previous trading session. The stock outpaced the S&P 500's daily loss of 1.45%.Aug 14, 2023 ... As the longest refined products pipeline system in the country Magellan Midstream Partners ... New York Stock Exchange. 26.3K. Subscribe.Magellan Midstream Partners LP stocks price quote with latest real-time prices, charts, financials, latest news, ... Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, ...