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Magellan Midstream Partners, L.P. Stock Price

NYSE:MMP Community·US$13.9b Market Cap
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Snowflake Analysis

6 star dividend payer with acceptable track record.

2 Risks
2 Rewards

Magellan Midstream Partners, L.P. Key Details

US$3.5b

Revenue

US$1.8b

Cost of Revenue

US$1.7b

Gross Profit

US$654.0m

Other Expenses

US$1.0b

Earnings

Last Reported Earnings
Jun 30, 2023
Next Reporting Earnings
n/a
5.09
48.28%
29.51%
290.7%
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About MMP

Founded
2000
Employees
1655
CEO
Aaron Milford
WebsiteView website
www.magellanlp.com

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates refined products pipeline that transports gasoline, diesel and aviation fuel, kerosene, and heating oil to refiners, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. It also provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. In addition, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. Magellan Midstream Partners, L.P. was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.

Recent MMP News & Updates

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Sep 23

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