BP Midstream Partners LP representing Limited Partner Interests: The Winning Streak Continues (BPMP)

January 19, 2022 11:16:31

BP Midstream Partners LP representing Limited Partner Interests (NYSE:BPMP) traded at a new 52-week high today of $18.75. Approximately 136,000 shares have changed hands today, as compared to an average 30-day volume of 886,000 shares.

BP Midstream Partners LP is a US-based limited partnership. It owns, operates, develops, and acquires pipelines and other midstream assets. The company holds interests in entities that own crude oil, natural gas, refined products, and diluent pipelines serving as key infrastructure for the company to transport onshore crude oil production to whiting refinery and offshore crude oil and natural gas production. It transports oil and gas products to refining markets and trading and distribution hubs.

In the past 52 weeks, BP Midstream Partners LP representing Limited Partner Interests share prices are bracketed by a low of $11.01 and a high of $18.75 and is now at $18.43, 67% above that low price.

There is potential upside of 12.6% for shares of BP Midstream Partners LP representing Limited Partner Interests based on a current price of $18.43 and an average consensus analyst price target of $20.75.

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