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MMP

Magellan Midstream Partners, L.P.
1W: +1.5% 1M: +4.8% 3M: +17.9% 1Y: +49.2% 3Y: +141.5% 5Y: +50.1%
$69.00
Last traded 2023-09-22 — delisted
NYSE · Energy · Oil & Gas Midstream · $13.9B
Smart Money Score
Watch 0
Insider
Congress
ETF Holdings
Key Statistics
Market Cap$13.9B
52W Range46.55-69.9
Volume31,030,562
Avg Volume1,876,807
Beta0.91
Dividend$4.19
Analyst Ratings
13 Buy 14 Hold 5 Sell
Consensus Hold
Company Info
CEOAaron L. Milford
Employees1,655
SectorEnergy
IndustryOil & Gas Midstream
IPO Date2001-03-19
One Williams Center
Tulsa, OK 74121-2186
US
918 574 7000
About Magellan Midstream Partners, L.P.

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates through Refined Products and Crude Oil segments. The company operates refined products pipeline that transports gasoline, diesel fuel, aviation fuel, kerosene, and heating oil to 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. Further, it 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. As of December 31, 2021, it had 9,800-mile refined products pipeline system with 54 terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 39 million barrels; and two marine terminals. The company was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.

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