BPMP News and Press, BP Midstream Partners LP representing Limited Partner Interests

LEAWOOD, KS / ACCESSWIRE / April 4, 2022 / TortoiseEcofin today announced that BP Midstream Partners LP (NYSE:BPMP) will be removed from the Tortoise MLP Index ® (TMLP), and the Tortoise North American Pipeline Index SM (TNAP), as a result of the approved merger with bp plc (NYSE:BP...

BP Midstream Partners has shown consistency in revenues and profits over the last four years. The Company has expanded its assets without increasing its debts over the last four years. The Russian invasion of Ukraine and the resulting American ban on Russian oil is favorable for t...

We don’t like to be negative about any security. But an exceptionally large number of Seeking Alpha investors appear continually interested in this stock, and institutional investors rate it discouragingly. We are proponents of 21st-century "Active Investing," taking advantage ...

The consolidation of MLPs by their parents or significant owners has been a multi-year trend, but activity has picked up with a number of transactions currently pending. M&A activity among industry peers has generally been more muted relative to MLP consolidations by sponsors, but...

ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Midstream energy MLP stocks rose over 40% for the year as...

Shares of BP Midstream Partners LP representing Limited Partner Interests (NYSE:BPMP) traded at a new 52-week high today of $16.88. This new high was reached on below average trading volume as 56,000 shares traded hands, while the average 30-day volume is approximately 851,000 shares. BP...

Shares of BP Midstream Partners LP representing Limited Partner Interests (NYSE:BPMP) traded at a new 52-week high today of $16.76. This new high was reached on below average trading volume as 104,000 shares traded hands, while the average 30-day volume is approximately 853,000 shares. I...

BP Midstream Partners LP representing Limited Partner Interests (NYSE:BPMP) traded at a new 52-week high today of $16.48. This new high was reached on below average trading volume as 311,000 shares traded hands, while the average 30-day volume is approximately 830,000 shares. BP Midstrea...

The recent rally in energy prices has improved investor sentiment for midstream assets, even though US oil production remains well below pre-pandemic levels. Natural gas is expected to be a major growth driver for the midstream sector in 2022, and the current supply shortfall makes th...

BP Midstream Partners has finalized the terms of its all-stock merger with BP at 0.575 BP ADS's per BPMP unit. The new ratio is 10.8% better than the initial proposal announced in August, about as I expected. Valuation is fair compared to similar midstream MLPs. BP can deliver 10....