magellan midstream partners stock

Magellan midstream partners stock

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Magellan midstream partners stock

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Magellan midstream partners stock

Energy infrastructure provider Magellan Midstream Partners, L. The merger — announced in mid-May — initially faced opposition from some Magellan unitholders. Their concerns were centered around potential tax implications and questions regarding the strategic benefits of the merger. However, MMP management successfully navigated these issues after garnering support from unitholders by highlighting the substantial premium that the deal would offer and the potential for a more diversified and stable business as a result of the merger.

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Stock Splits. Price Target. Strong dividend stocks trading at a discount can still be found even as investors shift to more moderate, defensive equities. Daily Insider Trading Tracker. Become an Affiliate. MMP Analyst Ratings. Find stocks in the Energy sector that are highly recommended by Top Performing Analysts. About TipRanks. Analysts are heavily debating the outlook for natural gas stocks in Ideas Stocks. Contact Us. Copying Jeremy Tonet 's trades and holding each position for 3 Months would result in EPD : This is based on 6 Wall Streets Analysts month price targets, issued in the past 3 months. Argus Research.

Magellan , creating a more diversified North American midstream infrastructure company focused on delivering essential energy products and services to its customers, and continued strong returns to investors. The transaction was approved by ONEOK shareholders and Magellan unitholders at their respective special meetings held on September 21, We are committed to ensuring a smooth transition aimed at delivering on the many benefits of this combination for our customers, employees and shareholders.

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