Douglas J. May
Net Worth
Last updated:
What is Douglas J. May net worth?
The estimated net worth of Mr. Douglas J. May is at least $12,905,651 as of 24 Jan 2023. He owns shares worth $3,098,928 as insider, has earned $1,338,483 from insider trading and has received compensation worth at least $8,468,240 in Magellan Midstream Partners, L.P..
What is the salary of Douglas J. May?
Mr. Douglas J. May salary is $769,840 per year as Senior Vice President, Gen. Counsel, Compliance & Ethics Officer and Asst. Sec. of Magellan GP LLC in Magellan Midstream Partners, L.P..
How old is Douglas J. May?
Mr. Douglas J. May is 54 years old, born in 1971.
What stocks does Douglas J. May currently own?
As insider, Mr. Douglas J. May owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Magellan Midstream Partners, L.P. (MMP) | Senior Vice President, Gen. Counsel, Compliance & Ethics Officer and Asst. Sec. of Magellan GP LLC | 44,912 | $69 | $3,098,928 |
What does Magellan Midstream Partners, L.P. do?
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.
Douglas J. May insider trading
Magellan Midstream Partners, L.P.
Mr. Douglas J. May has made 5 insider trades between 2014-2023, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 25,855 units of MMP stock on 27 Jan 2015. As of 24 Jan 2023 he still owns at least 44,912 units of MMP stock.
Magellan Midstream Partners, L.P. key executives
Magellan Midstream Partners, L.P. executives and other stock owners filed with the SEC:
- Mr. Aaron L. Milford (51) Chief Operating Officer of Magellan GP LLC
- Mr. Douglas J. May (54) Senior Vice President, Gen. Counsel, Compliance & Ethics Officer and Asst. Sec. of Magellan GP LLC
- Mr. Jeffrey L. Holman (54) Senior Vice President, Chief Financial Officer & Treasurer of Magellan GP LLC
- Mr. Michael N. Mears (62) Chairman, Pres & Chief Executive Officer of Magellan GP LLC
- Ms. Lisa J. Korner (64) Senior Vice President of HR & Admin. - Magellan GP LLC