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Basic Material New Highs: BP Prudhoe Bay Royalty Trust (NYSE:BPT), Targa Resources (NYSE:TRGP), Targa Resources Partners (NYSE:NGLS), Magellan Midstream (NYSE:MMP)

BP Prudhoe Bay Royalty Trust (NYSE:BPT) is identified as an oil and gas trust with a potential to drive hefty dividends to shareholders over the long-term. Based on the most recent past four distributions, the company observed a dividend yield of 11 percent. Analysts believe the company should continue to pay its hefty dividend yield for the next 15 years. Shares of BP Prudhoe Bay … Continue reading Basic Material New Highs: BP Prudhoe Bay Royalty Trust (NYSE:BPT), Targa Resources (NYSE:TRGP), Targa Resources Partners (NYSE:NGLS), Magellan Midstream (NYSE:MMP)

Basic Material New Highs: Magellan Midstream Partners (NYSE:MMP), C&J Energy Services (NYSE:CJES), Tesco Corporation (NASDAQ:TESO), Magellan Petroleum Corporation (NASDAQ:MPET)

Magellan Midstream Partners, L.P. (NYSE:MMP) had its price objective hosited by Credit Suisse from $4.00 to $84.00 in a report released on Wednesday, AR Network reports. Credit Suisse currently has an outperform rating on the stock. Magellan Midstream Partners, L.P. (NYSE:MMP) stock performance was -2.58% in last session and finished the day at $77.84. Traded volume was 611,653.00 shares in the last session and the … Continue reading Basic Material New Highs: Magellan Midstream Partners (NYSE:MMP), C&J Energy Services (NYSE:CJES), Tesco Corporation (NASDAQ:TESO), Magellan Petroleum Corporation (NASDAQ:MPET)