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Magellan Midstream Partners L.P. is Among the Companies in the Oil & Gas Storage & Transportation Industry With the Lowest Projected Earnings Growth (MMP, EPD, CQP, AM, KMI)

By James Quinn

Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Magellan Midstream Partners L.P. ranks lowest with a projected earnings growth of 5.3%. Enterprise Products Partners L P is next with a projected earnings growth of 16.8%. Cheniere Energy Partners LP ranks third lowest with a projected earnings growth of 24.4%.

Antero Midstream Partners LP follows with a projected earnings growth of 26.8%, and Kinder Morgan In rounds out the bottom five with a projected earnings growth of 28.6%.

SmarTrend recommended that subscribers consider buying shares of Magellan Midstream Partners L.P. on February 28th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $60.67. Since that recommendation, shares of Magellan Midstream Partners L.P. have risen 3.8%. We continue to monitor Magellan Midstream Partners L.P. for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth magellan midstream partners l.p. enterprise products partners l p amex:cqp cheniere energy partners lp antero midstream partners lp kinder morgan in

Ticker(s): MMP EPD AM KMI