This company has been acquired
Magellan Midstream Partners (MMP) Stock Overview
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 6/6 |
MMP Community Fair Values
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Magellan Midstream Partners, L.P. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$69.00 |
| 52 Week High | US$69.90 |
| 52 Week Low | US$45.86 |
| Beta | 0.91 |
| 1 Month Change | 5.28% |
| 3 Month Change | 12.10% |
| 1 Year Change | 48.39% |
| 3 Year Change | 97.71% |
| 5 Year Change | 0.70% |
| Change since IPO | 1,050.00% |
Recent News & Updates
Magellan Holders Now Own ONEOK; There Are Better Values In The Space
Sep 23Magellan Midstream: Overvalued, But Hold For Solid Dividend Yield
Aug 08Recent updates
Shareholder Returns
| MMP | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 0.04% | -0.5% | 0.9% |
| 1Y | 48.4% | -0.1% | 19.8% |
Return vs Industry: MMP exceeded the US Oil and Gas industry which returned 25.7% over the past year.
Return vs Market: MMP exceeded the US Market which returned 16.8% over the past year.
Price Volatility
| MMP volatility | |
|---|---|
| MMP Average Weekly Movement | 1.9% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: MMP has not had significant price volatility in the past 3 months.
Volatility Over Time: MMP's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 1,655 | Aaron Milford | 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.
Magellan Midstream Partners, L.P. Fundamentals Summary
| MMP fundamental statistics | |
|---|---|
| Market cap | US$13.94b |
| Earnings (TTM) | US$1.03b |
| Revenue (TTM) | US$3.48b |
Is MMP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MMP income statement (TTM) | |
|---|---|
| Revenue | US$3.48b |
| Cost of Revenue | US$1.80b |
| Gross Profit | US$1.68b |
| Other Expenses | US$654.00m |
| Earnings | US$1.03b |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.09 |
| Gross Margin | 48.28% |
| Net Profit Margin | 29.51% |
| Debt/Equity Ratio | 290.7% |
How did MMP perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/26 16:44 |
| End of Day Share Price | 2023/09/22 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Magellan Midstream Partners, L.P. is covered by 28 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Richard Gross | Barclays |
| Danilo Juvane | BMO Capital Markets Equity Research |