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Magellan Midstream Partners Stock

Magellan Midstream Partners P/E 2024

Magellan Midstream Partners P/E

13.41

Ticker

MMP

ISIN

US5590801065

As of Aug 24, 2024, Magellan Midstream Partners's P/E ratio was 13.41, a 11.38% change from the 12.04 P/E ratio recorded in the previous year.

The Magellan Midstream Partners P/E history

Magellan Midstream Partners Aktienanalyse

What does Magellan Midstream Partners do?

Magellan Midstream Partners LP is a US-based company specializing in the transportation, processing, and storage of petroleum products. Founded in 2003, the company is headquartered in Tulsa, Oklahoma. Its business model is based on three pillars: transportation, processing, and storage. The company offers various services to its customers, ranging from crude oil delivery to the distribution of petroleum products to gas stations. It has pipelines and terminals spanning over 11,000 miles for reliable and efficient supply of petroleum products. The company's processing division includes refineries and gas-processing facilities, while its storage division comprises terminals located throughout the US. Magellan Midstream Partners LP also operates a fleet of ships for transporting and delivering petroleum products. Overall, the company specializes in providing a reliable and efficient system for the supply of petroleum products to various industries. Magellan Midstream Partners ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Magellan Midstream Partners's P/E Ratio

The Price to Earnings (P/E) Ratio of Magellan Midstream Partners is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Magellan Midstream Partners's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Magellan Midstream Partners is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Magellan Midstream Partners’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Magellan Midstream Partners stock

What is the price-to-earnings ratio of Magellan Midstream Partners?

The price-earnings ratio of Magellan Midstream Partners is currently 13.41.

How has the price-earnings ratio of Magellan Midstream Partners changed compared to last year?

The price-to-earnings ratio of Magellan Midstream Partners has increased by 11.38% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Magellan Midstream Partners high compared to other companies?

Yes, the price-to-earnings ratio of Magellan Midstream Partners is high compared to other companies.

How does an increase in the price-earnings ratio of Magellan Midstream Partners affect the company?

An increase in the price-earnings ratio of Magellan Midstream Partners would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Magellan Midstream Partners affect the company?

A decrease in the price-earnings ratio of Magellan Midstream Partners would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Magellan Midstream Partners?

Some factors that influence the price-earnings ratio of Magellan Midstream Partners are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Magellan Midstream Partners pay?

Over the past 12 months, Magellan Midstream Partners paid a dividend of 4.16 USD . This corresponds to a dividend yield of about 6.03 %. For the coming 12 months, Magellan Midstream Partners is expected to pay a dividend of 4.4 USD.

What is the dividend yield of Magellan Midstream Partners?

The current dividend yield of Magellan Midstream Partners is 6.03 %.

When does Magellan Midstream Partners pay dividends?

Magellan Midstream Partners pays a quarterly dividend. This is distributed in the months of March, June, September, October.

How secure is the dividend of Magellan Midstream Partners?

Magellan Midstream Partners paid dividends every year for the past 25 years.

What is the dividend of Magellan Midstream Partners?

For the upcoming 12 months, dividends amounting to 4.4 USD are expected. This corresponds to a dividend yield of 6.37 %.

In which sector is Magellan Midstream Partners located?

Magellan Midstream Partners is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Magellan Midstream Partners kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Magellan Midstream Partners from 9/25/2023 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 9/20/2023.

When did Magellan Midstream Partners pay the last dividend?

The last dividend was paid out on 9/25/2023.

What was the dividend of Magellan Midstream Partners in the year 2023?

In the year 2023, Magellan Midstream Partners distributed 4.16 USD as dividends.

In which currency does Magellan Midstream Partners pay out the dividend?

The dividends of Magellan Midstream Partners are distributed in USD.

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Andere Kennzahlen von Magellan Midstream Partners

Our stock analysis for Magellan Midstream Partners Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Magellan Midstream Partners Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.