MAGELLAN MIDSTREAM PARTNERS (MMP)

US5590801065

69  +0.46 (+0.67%)

After market: 69.01 +0.01 (+0.01%)

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MAGELLAN MIDSTREAM PARTNERS

NYSE:MMP (9/22/2023, 7:13:22 PM)

After market: 69.01 +0.01 (+0.01%)

69

+0.46 (+0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Overview
Earnings (Last)
Earnings (Next)
Ins Owners
Inst Owners
Market Cap13.94B
Shares
PE13.75
Fwd PE12.93
Dividend Yield6.07%
Analysts
IPO
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MMP Daily chart

Company Profile

Magellan Midstream Partners LP engages in the transportation, storage, and distribution of petroleum products and crude oil. The company is headquartered in Tulsa, Oklahoma and currently employs 1,655 full-time employees. The company went IPO on 2001-02-06. The firm owns refined petroleum products pipeline system in the country and can store more than 100 million barrels of petroleum products, such as gasoline, diesel fuel and crude oil. The Company’s segments include refined products and crude oil. Refined products segment comprised of its approximately 9,800 miles refined petroleum products pipeline system with 54 terminals and two marine storage terminals. Crude oil segment comprised of 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. Approximately 1,000 miles of these pipelines, the condensate splitter and 31 million barrels of this storage capacity, including 25 million barrels used for contract storage are wholly owned by the Company.

Company Info

MAGELLAN MIDSTREAM PARTNERS

One Williams Center, Md 28-1

Tulsa OKLAHOMA 74121

P: 19185747000.0

CEO: Michael N. Mears

Employees: 1655

Website: https://www.magellanlp.com/

MMP News

News Imagea month ago - InvestorPlaceThe Dividend Dream Team: 3 Stocks Delivering Dependable Payouts

Dividend stocks PepsiCo, Starbucks, and ONEOK are ideal for investors seeking dependable payouts in a volatile market environment.

News Image7 months ago - ONEOK, Inc.ONEOK Announces Completion of Magellan Midstream Partners Acquisition

/PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) (ONEOK) today announced that it has completed its acquisition of Magellan Midstream Partners, L.P. (Magellan), creating...

News Image7 months ago - ONEOK, Inc.ONEOK Shareholders and Magellan Unitholders Approve Merger

/PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") today announced that, at their respective...

News Image7 months ago - Seeking AlphaMagellan Midstream holders vote to approve $18.8B sale to Oneok

Magellan Midstream shareholders vote in favor of the $18.8 billion sale to Oneok, as both companies move forward with the approved deal.

News Image7 months ago - Seeking AlphaMagellan wins support from top shareholder but deal outlook still uncertain (NYSE:MMP)

Magellan Midstream Partners' (MMP) campaign to win approval from unitholders for its merger with Oneok (OKE) received a boost when shareholder SS&C ALPS Advisors said it will vote in favor.

News Image7 months ago - The Motley Fool3 Elite Dividend Stocks to Buy and Hold for Decades of Income Stability and Growth

These companies have excellent track records of paying dividends.

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