CSIMarket
 
Magellan Midstream Partners L p   (MMP)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 
Price: $69.0000 $0.46 0.671%
Day's High: $69.9 Week Perf: 0.73 %
Day's Low: $ 68.80 30 Day Perf: 4.83 %
Volume (M): 31,031 52 Wk High: $ 69.90
Volume (M$): $ 2,141,105 52 Wk Avg: $61.16
Open: $69.44 52 Wk Low: $50.44



 Market Capitalization (Millions $) 14,014
 Shares Outstanding (Millions) 203
 Employees 1,971
 Revenues (TTM) (Millions $) 3,484
 Net Income (TTM) (Millions $) 1,030
 Cash Flow (TTM) (Millions $) 118
 Capital Exp. (TTM) (Millions $) 185

Magellan Midstream Partners L P
Magellan Midstream Partners L.P. is a publicly traded limited partnership that operates in the midstream energy industry, with a focus on the transportation, storage, and distribution of petroleum products and crude oil. The company was formed in 2000 and is headquartered in Tulsa, Oklahoma.

Transportation: Magellan operates a vast network of pipelines that span more than 9,000 miles across the United States. These pipelines transport petroleum products, such as gasoline, diesel, and jet fuel, as well as crude oil. The company's pipeline system connects major refineries, storage facilities, and distribution centers across 25 states.

Storage: Magellan Midstream Partners owns and operates over 100 storage terminals, with a combined capacity of over 98 million barrels. These storage facilities are strategically located near major refineries and transportation hubs, enabling the company to provide reliable and cost-effective storage solutions to its customers.

Distribution: Magellan is also involved in the distribution of petroleum products through its extensive network of loading racks and terminals, which are located primarily in the Midwest and the Gulf Coast regions of the United States. The company also operates a fleet of barges and marine vessels, which transport petroleum products along inland waterways and the Gulf of Mexico.

Magellan Midstream Partners is known for its strong financial performance and consistently high distribution payments to its investors. The company has a long-standing commitment to safety, environmental stewardship, and community engagement. Magellan also invests heavily in the development of new infrastructure projects and has announced several major expansion projects in recent years, including the construction of a new crude oil pipeline in West Texas and an expansion of its storage facilities in Houston.


   Company Address: One Williams Center Tulsa 74121 OK
   Company Phone Number: 574-7000   Stock Exchange / Ticker: NYSE MMP
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Magellan Midstream Partners L P

Magellan Midstream Partners L.P. Soars with Impressive 11.235% Revenue Jump in Q2 2023, Despite EPS Contraction

Magellan Midstream Partners L.P., a natural gas utilities company, recently released its fiscal three-month earnings report ending June 30, 2023. The report revealed a contraction in earnings per share (EPS) despite a significant increase in revenue. During this period, EPS dropped by 30.04% to $3.54 per share, while revenue saw a considerable rise of 11.235% to $877.20 million compared to the same reporting season a year ago.
However, when compared to the previous reporting season, Magellan Midstream Partners L.P. showcased remarkable improvement. EPS increased significantly by 164.18% from $1.34 per share, while revenue increased by 0.862% from $869.70 million.






 

Magellan Midstream Partners L P's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com