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BP Midstream Partners LP (NYSE:BPMP) GF Value Rank

: 1 (As of Today)
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BP Midstream Partners LP has the GF Value Rank of 1.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


BP Midstream Partners LP (NYSE:BPMP) GF Value Rank Competitive Comparison

For the Oil & Gas Midstream subindustry, BP Midstream Partners LP's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

BP Midstream Partners LP (NYSE:BPMP) GF Value Rank Distribution

For the Oil & Gas industry and Energy sector, BP Midstream Partners LP's GF Value Rank distribution charts can be found below:

* The bar in red indicates where BP Midstream Partners LP's GF Value Rank falls into.



BP Midstream Partners LP GF Value Rank Related Terms

Thank you for viewing the detailed overview of BP Midstream Partners LP's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


BP Midstream Partners LP (NYSE:BPMP) Business Description

BP Midstream Partners LP logo
Traded in Other Exchanges
N/A
Address
501 Westlake Park Boulevard, Houston, TX, USA, 77079
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.
Executives
Sykes Starlee director 501 WESTLAKE PARK BLVD HOUSTON TX 77079
Collins Jack T director 210 PARK AVENUE SUITE 2750 OKLAHOMA CITY OK 73102
Kurt David officer: Chief Operating Officer 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Rush Derek officer: Chief Development Officer 501 WESTLAKE PARK BLVD HOUSTON TX 77079
Joy Michele F director 910 LOUISIANA STREET HOUSTON TX 77002
Malone Robert A director 3000 NORTH SAM HOUSTON PARKWAY EAST HOUSTON TX 77032
Clements Walter director 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Coburn Craig director, officer: See Remarks 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Bp Midstream Partners Gp Llc director, 10 percent owner 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Bp Midstream Partners Holdings Llc director, 10 percent owner 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Bp Pipelines (north America) Inc. director, 10 percent owner 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Maret Gerald J officer: Chief Operating Officer 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Zinsmeister Robert P director, officer: See Remarks 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Christison Clive director 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Frena Mark E officer: Chief Development Officer 501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079

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