BP Midstream Partners LP

General Information

We are a fee-based, growth-oriented master limited partnership recently formed by BP Pipelines, an indirect wholly owned subsidiary of BP, to own, operate, develop and acquire pipelines and other midstream assets. Our initial assets consist of interests in entities that own crude oil, natural gas, refined products and diluent pipelines serving as key infrastructure for BP and other customers to transport onshore crude oil production to BP’s Whiting Refinery and offshore crude oil and natural gas production to key refining markets and trading and distribution hubs. Certain of our assets deliver refined products and diluent from the Whiting Refinery and other U.S. supply hubs to major demand centers.

Employees: 0
Founded: 2017
Contact Information
Address 501 Westlake Park Boulevard, Houston, TX 77079, US
Phone Number (281) 366-2000
Web Address http://www.bpmidstreampartners.com
View Prospectus: BP Midstream Partners LP
Financial Information
Market Cap $942.75mil
Revenues $98.3 mil (last 12 months)
Net Income $42.6 mil (last 12 months)
IPO Profile
Symbol BPMP
Exchange NYSE
Shares (millions): 42.5
Price range $18.00 - $18.00
Est. $ Volume $765.0 mil
Manager / Joint Managers Citigroup/ Goldman Sachs/ Morgan Stanley/ Barclays/ Credit Suisse/ J.P. Morgan/ UBS Investment Bank
CO-Managers BofA Merrill Lynch/ Deutsche Bank Securities/ Mizuho Securities/ MUFG/ BNP PARIBAS/ Credit Agricole CIB/ SOCIETE GENERALE
Expected To Trade: 10/26/2017
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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