Magellan midstream partners stock price.

The merger calls for Magellan unitholders to receive $25.00 in cash and 0.667 shares of Oneok stock for each Magellan unit, equating to $67.50 per unit, or the aforementioned 22% premium to the ...

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

May 15, 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 of $67.50 per unit, for a 22% premium, based on May 12, 2023 closing prices. 11 Sep 2023 ... Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") today announced that leading independent proxy advisory firm Institutional ...ONEOK, Inc. OKE announced the completion of its previously announced acquisition of Magellan Midstream Partners, L.P. This $18.8-billion merger deal created one of the largest oil and natural gas ...Historical stock closing prices for Magellan Midstream Partners, L.P. (MMP). See each day's opening price, high, low, close, volume, and change %.

The deal’s price tag, including $8.8 billion in equity and $5.1 billion in cash, amounted to a 22% premium over Magellan’s common units as of Friday. Oneok said it would assume Magellan’s $5 ...MMP Stock vs S&P 500 Performance Over 2007-08 Financial Crisis. MMP stock declined from levels of around $20 in September 2007 to levels of around $16 in March 2009 (as the markets bottomed out ...Apr 25, 2021 · 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 ...

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 ...Shares of Magellan Midstream Partners (NYSE: MMP) rose by as much as 16% during the opening of Monday's trading session, while the stock's price action retreated to close the day up by 12.99%; the ...

Last Ex-Dividend Date. Sep. 20, 2023. Quickflows. In depth view into MMP (Magellan Midstream Partners) stock including the latest price, news, dividend history, earnings …Overall, hedge funds and other institutional investors hold approximately 54.84% of Magellan Midstream Partners’ stock. On October 9th, Magellan Midstream Partners’ stock opened at $69.00 per share. The stock has been consistently performing well recently with a 50-day moving average price of $66.84 and a 200-day moving …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, …

The average price target represents an increase of 6.84% from its latest reported closing price of $54.29. The projected annual revenue for Magellan Midstream Partners is $3,110MM, a decrease of 1 ...

The average price target represents an increase of 6.84% from its latest reported closing price of $54.29. The projected annual revenue for Magellan Midstream Partners is $3,110MM, a decrease of 1 ...

ONEOK, Inc. has completed its acquisition of Magellan Midstream Partners, L.P. after ONEOK shareholders and Magellan unitholders approved the transaction at their respective special meetings on ...May 15, 2023 · ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a premium of 22% based on Magellan shares' closing price on May 12. Barclays Increases Price Target on Magellan Midstream Partners L.P to $55 From $49, Maintains Equalweight Rating 2022: MT Raymond James Adjusts Magellan Midstream Partners' Price Target to $55 From $54, Keeps Outperform Rating 2022: MTSusan 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 ...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 …The deal’s price tag, including $8.8 billion in equity and $5.1 billion in cash, amounted to a 22% premium over Magellan’s common units as of Friday. Oneok said it would assume Magellan’s $5 ...

A high-level overview of Magellan Midstream Partners, L.P. (MMP) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, ...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%.Refined products make about 70% of operating margin, with the remainder mainly crude-oil pipelines. In depth view into MMP (Magellan Midstream Partners) stock including the latest price, news, dividend history, earnings information and financials. In 2020, MMP reduced expansion capital down to $354.4 million - the company had previously been spending around $800 million annually on growth projects. Combined with $334.9 million of asset ...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. …Updated on. May 15, 2023 at 5:45 AM PDT. Listen. 2:22. Oneok Inc. agreed to buy Magellan Midstream Partners LP in a $18.8 billion cash-and-stock transaction that would create one of the largest US ...The merger calls for Magellan unitholders to receive $25.00 in cash and 0.667 shares of Oneok stock for each Magellan unit, equating to $67.50 per unit, or the aforementioned 22% premium to the ...

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.

Symbol Lookup from Yahoo Finance. Search for ticker symbols for Stocks, Mutual Funds, ETFs, Indices and Futures on Yahoo! Finance. It uses BSE Star MF (with Member code 11724) as transaction platform. ... All type of mutual funds are available on Groww. ATTENTION INVESTORS. 1. For Stock ...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.Magellan Midstream Partners Chief Executive Aaron Milford said he is confident the pipeline operator's planned sale to larger peer ONEOK Inc for $18.8 billion will gain approval from its investors ...Oneok has agreed to acquire Magellan Midstream Partners in a cash and stock deal that values Magellan at $67.50 per unit. Based on our current Oneok fair value estimate of $61, we are increasing ...15 Mei 2023 ... Oneok Stock Tumbles After Megadeal for Magellan Midstream Partners ... Even the Street's lowest price target of $61 gives Oneok stock implied ...

Magellan Midstream Partners (MMP) is a Great Momentum Stock: Should You Buy? September 20, 2023 — 12:00 pm EDT. Written by Zacks Equity Research for Zacks - ...

Magellan Midstream Partners LP (MMP) $69.00 0.00 (0.00%) 19:00 EDT MMP Stock Quote Delayed 30 Minutes.

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 LP engages in the transportation, storage and distribution of petroleum products. It operates through the following segments: Refined Products, Crude Oil, and Marine Storage. The Refined Products segment consists of common carrier refined products pipeline system, independent terminals, and its ammonia pipeline system. 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 ...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 ...You can see the complete list of today's Zacks #1 Rank stocks here. Magellan Midstream Partners LP: Magellan Midstream has extensive petroleum midstream infrastructure that will be needed in the United States for decades to come. The business model of the company is resilient to commodity price fluctuations and derives …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. …Complete Marshall Monteagle PLC stock information by Barron's. View real-time MMP stock price and news, along with industry-best analysis.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 ... 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 ...

Seeking Alpha 73d Magellan Midstream Partners declares $0.2474 special dividend Seeking Alpha 77d Proxy firms ISS, Glass Lewis recommend Magellan Midsteam holders vote for Oneok deal (update)...Natural gas pipeline firm ONEOK bought Magellan Midstream Partners, L.P. for $18.8 billion. The deal values Magellan stock at $67.50, a 21.8% premium over Friday's closing price.The latest closing stock price for Magellan Midstream Partners, L.P. on September 22, 2023 is 69.00 . The all-time high Magellan Midstream Partners, L.P. closing stock price was 69.06 on September 20, 2023 . For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide .Sep 21, 2023 · Magellan Midstream Partners' unitholders on Thursday voted in favour of its sale to larger rival ONEOK Inc for $18.8 billion, creating one of the largest U.S. energy pipeline companies. Instagram:https://instagram. amd stock prediction 2025mortgage calculator monthly breakdownwhat is a penny worth from 1943dental insurance plans nyc 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 ... current p e ratio sandp 500nasdaq qcom compare 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 ...Magellan Midstream Partners LP engages in the transportation, storage and distribution of petroleum products. It operates through the following segments: Refined Products, Crude Oil, and Marine Storage. The Refined Products segment consists of common carrier refined products pipeline system, independent terminals, and its ammonia pipeline system. blrx stock forecast Magellan Midstream has an analyst consensus of Hold, with a price target consensus of $63.75. See today’s best-performing stocks on TipRanks >> The company has a one-year high of $69.40 and a ...Magellan Midstream Partners Consensus Analyst Rating and Stock Price Forecast (2023) Analysts' Consensus Rating Reduce Based on 9 Analyst Ratings …Energy infrastructure provider Magellan Midstream Partners, L.P. ’s MMP unitholders have voted in favor of the partnership's merger with another midstream operator ONEOK, Inc. OKE. This landmark ...