BPMP News and Press, BP Midstream Partners LP representing Limited Partner Interests From 12/22/21

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....

Shares of BP Midstream Partners (NYSE: BPMP) rose sharply in early trading on Monday, gaining just shy of 14% at one point in the first hour of the day. The news driving this wasn't really a surprise; it was more of a confirmation of what was already known. Here's the background. ...

Can-Fite BioPharma (NYSE:CANF) +71% liver cancer patient treated with can-Fite’s Namodenoson clears all cancer lesions under open label extension of phase II study. Society Pass Incorporated (NASDAQ:SOPA) +35% on being added to the Russell 2000 Index. Verso (NYSE:VRS) +3...

Enbridge, Inc. has entered into an agreement to acquire logistics company Moda Midstream Operating LLC for $3.0 billion in cash from EnCap Flatrock Midstream. OPEC+ plans to ramp up its production by 400,000 barrels per day (bpd) to the market in October. The current yield on MLPs...

Midstream followed oil and oil-related equities lower during the week. However, the sector's fundamentals remain strong. We discuss why now is the time to buy midstream G&Ps. For further details see: Midstream Weekly Recap: Midstream Equities Have Fallen Too Far

When announcing their results for the second quarter of 2021, BP also announced higher dividends with more expected in the future. Whilst this is undoubtedly a good move, sadly more is required since they are still keeping their unattractive share buyback policy. Although they hav...

The following slide deck was published by BP Midstream Partners LP in conjunction with their 2021 Q2 earnings call. For further details see: BP Midstream Partners LP 2021 Q2 - Results - Earnings Call Presentation

BP plc has offered to acquire its pipeline MLP, BP Midstream Partners for $13.01 in BP stock. I expect the final agreed offer to be closer to $14 based on comparable takeovers. It's a great deal for BP, having spun off the MLP at $18 in 2018. BPMP limited partners get a lower-yiel...

Image source: The Motley Fool. BP Midstream Partners LP (NYSE: BPMP) Q2 2021 Earnings Call Aug 5, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: BP Midstream Partners LP (BPMP) Q2 2021 Earnings Call Transcript

BP Midstream Partners LP (BPMP) Q2 2021 Earnings Conference Call August 5, 2021 10:00 AM ET Company Participants Geoff Carr - Vice President, Investor Relations Jack Collins - Chief Financial Officer Conference Call Participants Ryan Levine - Citi Presentation Operator Good morning ladies and...