Magellan Midstream Partners LP
MMP.N- Latest Trade
- trading lower49.88USD
- Change
- -0.06
- % Change
0.12%Negative
- As of Aug 9 2022. Values delayed up to 15 minutes
- Day Range
- 49.50 - 50.61
- 52-Week Range
- 43.60 - 53.74
- Previous Close
- 49.94
- Open
- 49.94
- Volume
- 389,197.00
- 3 Month Average Trading Volume
- 22.76
- Shares Out (Mil)
- 207.68
- Market Cap
- 10,371.75
- Forward P/E
- 11.63
- Dividend Yield
- 8.31
Key Statistics
2.5625 mean rating - 16 analysts
- P/E Excl. Extra Items (TTM)
- 13.42
- Price To Sales (TTM)
- 3.56
- Price To Book (Quarterly)
- 5.90
- Price To Cash Flow (Per Share TTM)
- 10.01
- Total Debt/Total Equity (Quarterly)
- 284.24
- Long Term Debt/Equity (Quarterly)
- 284.24
- Return On Investment (TTM)
- 10.82
- Return On Equity (TTM)
- 9.93
2021 (millions USD)
About Magellan Midstream Partners LP (MMP.N)
Company Information
Magellan Midstream Partners, L.P., through its subsidiaries, is principally engaged in the transportation, storage and distribution of refined petroleum products and crude oil. The Company's segments include Refined Products and Crude Oil. The Refined Products segment includes approximately 9,800-mile refined petroleum products pipeline system with 54 terminals and two marine storage terminals (one of which is owned through a joint venture). The Refined Products segment consists of its refined products pipeline system and two marine terminals including Galena Park marine and Pasadena marine terminal are located along the Houston Ship Channel. The Crude Oil segment includes approximately 2,200 miles of crude oil pipelines, a condensate splitter and 39 million barrels of aggregate storage capacity, of which approximately 29 million barrels are used for contract storage. Magellan GP, LLC, a wholly owned Delaware limited liability company, serves as the Company's general partner.
Address
One Williams Center, Md 28-1TULSA, OK
74172
United States
Industry
Oil Well Services & Equipment
Executive Leadership
- Barry R. Pearl
- Chairman of the Board of Magellan GP, LLC
- Aaron L. Milford
- President, Chief Executive Officer, Director of the Magellan GP, LLC
- Jeffrey L. Holman
- Chief Financial Officer, Executive Vice President, Treasurer
- Melanie A. Little
- Chief Operating Officer, Executive Vice President
- Michael J. Aaronson
- Executive Vice President, Chief Commercial Officer
- Douglas J. May
- Senior Vice President, General Counsel, Compliance and Ethics Officer and Assistant Secretary of Magellan GP, LLC
- Lisa J. Korner
- Senior Vice President - Human Resources and Administration of Magellan GP, LLC
- Robert L. Barnes
- Senior Vice President - Commercial - Crude Oil of Magellan GP, LLC
- Michael C. Pearson
- Senior Vice President, Technical Services of Magellan GP, LLC
- Mark Roles
- Senior VP, Commercial — Refined Products
- Walter R. Arnheim
- Independent Director of Magellan GP, LLC
- Lori A. Gobillot
- Independent Director of Magellan GP, LLC
- Edward J. Guay
- Independent Director of Magellan GP, LLC
- Chansoo Joung
- Independent Director of Magellan GP, LLC
- Stacy P. Methvin
- Independent Director of Magellan GP, LLC
- James R. Montague
- Independent Director of Magellan GP, LLC,
- Sivasankaran Somasundaram
- Independent Director
Latest News
- MarketsPipeline operator Plains All American raises outlook on higher oil volumes
Plains All American on Wednesday raised its 2022 profit forecast for the second time this year, and said it expects strong demand on its pipelines carrying U.S. shale oil to the Gulf Coast.
- BusinessMagellan's Permian-Houston crude pipelines volumes drop, fuel volumes rise
Magellan Midstream Partners LP on Thursday reported declining volumes in the last quarter on the Longhorn and Bridgetex pipelines that carry crude from the Permian Basin to Houston as shippers likely moved barrels to the international market, while refined product volumes rose on pandemic demand recovery.
- MarketsMagellan exploring options for its Permian Longhorn crude pipe
Magellan Midstream Partners LP is evaluating alternative uses for its Longhorn crude pipeline from Texas's Permian Basin, including converting it to carry other commodities like natural gas or refined products, the pipeline and storage company said on Wednesday.
Markets Performance
Official Data PartnerCommodities
| Future | Last | % Change |
|---|---|---|
| Gold | 1,786.80 | -- |
| Copper | 662.65 | -- |
| Brent Crude Oil | 96.70 | 0.05%Positive |
| CBOT Soybeans | 1,632.00 | 0.77%Positive |
Stocks
| Index | Last | % Change |
|---|---|---|
| S&P 500 | 4,140.06 | 0.12%Negative |
| Euro STOXX 50 | 3,757.22 | -- |
| FTSE 100 | 7,482.37 | 0.57%Positive |
| Nikkei 225 | 27,986.86 | 0.93%Negative |
Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes