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Stock Market & Financial Investment News

News Breaks
February 5, 2013
08:14 EDTMMPMagellan Midstream sees Q1 EPS 45c, consensus 49c
Sees FY13 EPS $2.20, consensus $2.21. Management currently expects to generate record DCF in 2013 of $570 million and is targeting annual distribution growth of 10% for 2013.
News For MMP From The Last 14 Days
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December 15, 2014
14:38 EDTMMPMagellan Midstream extends Saddlehorn open season to Jan. 30
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10:00 EDTMMPOn The Fly: Analyst Upgrade Summary
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09:00 EDTMMPMagellan Midstream upgraded at Argus
As noted earlier, Argus upgraded Magellan Midstream to Buy from Hold. The firm thinks that projects not yet included in the company's official capex plan should enable it to increase its distribution more quickly than previously expected. Argus thinks the long-term nature of Magellan's deals should mitigate the impact of falling oil prices. Target $90.
08:12 EDTMMPMagellan Midstream upgraded to Buy from Hold at Argus

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