On the stock market since 2001, it operates in the world of energy. It has 1,655 employees. Now — the numbers.
This is an established company with proven profits.
Revenue is spread across several lines; no single product carries the company.
No real growth (3% a year).
The gap is $5.2B. In times of high interest rates, a gap like that can squeeze a company.
angles, checked one by one.
The 2 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
The net profit margin is 32% — still a thick cushion, though costs have been eating into it lately.
It pays out $4.19 per share each year — regular cash for whoever holds the stock.
Over the last 12 months, executives reported 37 sells against just 12 buys. Not an alarm bell by itself, but a number worth watching.
The stock trades 19% above the average analyst price target.
On our five-subject report card, MMP sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: MMP is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.