Magellan Midstream Partners LP (NYSE:MMP) has been recommended as a long term growth pick according to Beta Research.
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The Board of Directors of Enable Midstream Partners, LP (NYSE: ENBL) announced today that Craig Harris has been named executive vice president and chief commercial officer effective Tuesday, Sept. 6, 2016. Daily, 354,079 shares are traded, which shows the high interest of the traders in the stock.
Enable Midstream Partners directors have named Craig Harris executive vice president and chief commercial officer, effective September 6, the Oklahoma City-based pipeline company announced Thursday. Assets include approximately 12,400 miles of gathering pipelines, 14 major processing plants with approximately 2.5 billion cubic feet per day of processing capacity, approximately 7,900 miles of interstate pipelines (including Southeast Supply Header, LLC of which Enable owns 50 percent), approximately 2,200 miles of intrastate pipelines and eight storage facilities comprising 85.0 billion cubic feet of storage capacity.
01/12/2015 – BMO Capital Markets began new coverage on Rice Midstream Partners LP giving the company a “outperform” rating. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.12. The firm earned $55.40 million during the quarter, compared to analyst estimates of $63.92 million. The business’s revenue was up 63.0% on a year-over-year basis. For comparison, there was a revenue of $573.05M and EPS of $0.91 in the December 2015 period. Equities analysts anticipate that American Midstream Partners LP will post $0.70 earnings per share for the current fiscal year. Shareholders of record on Tuesday, August 2nd were paid a $0.2235 dividend. The ex-dividend date of this dividend was Thursday, July 28th. Magellan Midstream Partners L.P. makes up approx 0.12% of Raymond James Associates’s portfolio.
A number of research firms have recently weighed in on AMID.
Other Hedge Funds, Including, Raymond James Associates boosted its stake in MMP in the latest quarter, The investment management firm added 25,936 additional shares and now holds a total of 546,172 shares of Magellan Midstream Partners L.P. which is valued at $39,111,377. They set a buy rating on the stock. Barclays PLC raised their price objective on EnLink Midstream Partners from $10.00 to $15.00 and gave the stock an “equal weight” rating in a report on Monday, May 9th. Jefferies Group lowered EnLink Midstream Partners from a “buy” rating to a “hold” rating and increased their target price for the company from $13.00 to $17.00 in a research note on Wednesday, June 8th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Analysts covering the shares have a consensus short-term price target of $78.06 on the equity. We make no recommendation that the securities of the companies profiled or discussed in on our website should be purchased, sold or held by investors.
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05/12/2016 – Cone Midstream Partners had its “neutral” rating reiterated by analysts at Goldman Sachs.
