Magellan Midstream Partners, L.P. – NYSE:MMP

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$69

Market closed

Open in about 11 hours

+4.89%

month

+16.65%

quarter

+39.48%

year

Market Cap	13.94B
Enterprise value	18.89B

P/E	13.61
EV/Sales	5.42
EV/EBITDA	14.36
Price/Sales	4.00
Price/Book	-149.24
PEG ratio	-5.58
EPS	5.02

Revenue	3.48B
EBITDA	1.31B
Income	1.02B
Revenue Q/Q	11.23%
Revenue Y/Y	19.65%

Profit margin	29.55%
Oper. margin	32.96%
Gross margin	56.98%
EBIT margin	32.96%
EBITDA margin	37.75%

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Magellan Midstream Partners, L.P. (NYSE:MMP): Profit margin
Sep 2022	876.1M	330M	37.67%
Dec 2022	861M	187M	21.72%
Mar 2023	869.7M	273.9M	31.49%
Jun 2023	877.2M	238.7M	27.21%

Magellan Midstream Partners, L.P. (NYSE:MMP): Payout ratio
Payout ratio	83%

Magellan Midstream Partners, L.P. (NYSE:MMP): Dividend Yield
2018	6.64%
2019	6.41%
2020	9.69%
2021	8.89%
2022	8.27%

Magellan Midstream Partners, L.P. (NYSE:MMP): Debt to assets
Sep 2022	7814300000	6.06B	77.59%
Dec 2022	7707700000	6.02B	78.14%
Mar 2023	7567100000	5.88B	77.78%
Jun 2023	7629200000	5.91B	77.53%

Magellan Midstream Partners, L.P. (NYSE:MMP): Cash Flow
Sep 2022	391.5M	-41.5M	-347M
Dec 2022	352.5M	-45.7M	-313.8M
Mar 2023	351.5M	-44M	-302.4M
Jun 2023	404.5M	-50.2M	-237.9M

Magellan Midstream Partners, L.P. alternative data

Magellan Midstream Partners, L.P.
Employees

Magellan Midstream Partners, L.P. (NYSE:MMP): Employee count
Aug 2023	1,655
Sep 2023	1,655
Oct 2023	1,655
Nov 2023	1,655
Dec 2023	1,655
Jan 2024	1,655
Feb 2024	1,655
Mar 2024	1,655
Apr 2024	1,655
May 2024	1,655
Jun 2024	1,655
Jul 2024	1,655

Magellan Midstream Partners, L.P.
Insider Trading

Magellan Midstream Partners, L.P. (NYSE:MMP): Insider trades (number of shares)
Period	Buy	Sel
Dec 2021	0	4776
Mar 2022	0	16746
Nov 2022	0	2892

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Option	22 Sep 2023	GOBILLOT LORI director director	Common Units	522	$69	$36,018
Option	24 Jan 2023	ROLES MARK B officer: Senior Vice President officer: Senior Vice President	Common Units	2,309	$50.21	$115,935
Option	24 Jan 2023	MAY DOUGLAS J officer: Senior V..	Phantom Units	13,697	$50.21	$687,726
Option	24 Jan 2023	AARONSON MICHAEL officer: Executive Vice President officer: Executive Vice President	Common Units	12,158	$50.21	$610,453
Option	24 Jan 2023	ROLES MARK B officer: Senior Vice President officer: Senior Vice President	Phantom Units	2,309	$50.21	$115,935
Option	24 Jan 2023	MAY DOUGLAS J officer: Senior V..	Common Units	13,697	$50.21	$687,726
Option	24 Jan 2023	MILFORD AARON L director, officer..	Common Units	27,701	$50.21	$1,390,867
Option	24 Jan 2023	HOLMAN JEFFREY L officer: Executiv..	Common Units	22,161	$50.21	$1,112,704
Option	24 Jan 2023	PEARSON MICHAEL C officer: Senior Vice President officer: Senior Vice President	Phantom Units	10,620	$50.21	$533,230
Option	24 Jan 2023	PEARSON MICHAEL C officer: Senior Vice President officer: Senior Vice President	Common Units	10,620	$50.21	$533,230

MMP insider trading transactions

Magellan Midstream Partners, L.P.
Earnings Call Transcripts

Quarter	Transcript
Q2 2023 3 Aug 2023	Q2 2023 Earnings Call Transcript
Q1 2023 4 May 2023	Q1 2023 Earnings Call Transcript
Q4 2022 2 Feb 2023	Q4 2022 Earnings Call Transcript
Q3 2022 27 Oct 2022	Q3 2022 Earnings Call Transcript

MMP earnings call transcripts

Magellan Midstream Partners, L.P.
Executives

Insider	Age	Compensation
Mr. Michael N. Mears (1963) Chairman, Pres & Chief Executive Officer of Magellan GP LLC	62	$2,170,000
Mr. Aaron L. Milford (1974) Chief Operating Officer of Magellan GP LLC	51	$1,130,000
Mr. Jeffrey L. Holman (1971) Senior Vice President, Chief Financial Officer & Treasurer of Magellan GP LLC	54	$862,490
Mr. Douglas J. May (1971) Senior Vice President, Gen. Counsel, Compliance & Ethics Officer and Asst. Sec. of Magellan GP LLC	54	$769,840
Ms. Lisa J. Korner (1961) Senior Vice President of HR & Admin. - Magellan GP LLC	64	$743,710

Magellan Midstream Partners, L.P.
Latest News

Wednesday, 11 September 2024
08:30	Allergan Aesthetics Launches BOTOX® Cosmetic (onabotulinumtoxinA) for Masseter Muscle Prominence (MMP) in Adults in China	prnewswire.com
Sunday, 19 November 2023
10:14	November's 5 Dividend Growth Stocks With 5.57%+ Yields	Seeking Alpha
Thursday, 12 October 2023
06:00	ONEOK: Strong Asset Base And The Magellan Deal Add More Fuel	Seeking Alpha
Monday, 25 September 2023
09:01	4 Safe Picks as a Hawkish Fed Spurs Sell-off on Wall Street	Zacks Investment Research
Saturday, 23 September 2023
09:52	Magellan Holders Now Own ONEOK; There Are Better Values In The Space	Seeking Alpha
Friday, 22 September 2023
09:01	Magellan Midstream (MMP) Unitholders OK ONEOK Merger Deal	Zacks Investment Research
Thursday, 21 September 2023
12:05	Magellan Midstream Unit Holders Back Deal With Oneok	Barrons
11:36	Magellan Midstream holders approve $18.8 billion sale to ONEOK	Reuters
Wednesday, 20 September 2023
13:32	Magellan Midstream Partners (MMP) is a Great Momentum Stock: Should You Buy?	Zacks Investment Research
Tuesday, 19 September 2023
17:27	Magellan Picks Up Support of Big Investor for Merger but Deal Outlook Remains Cloudy	Barrons
Sunday, 17 September 2023
11:30	The Massive Increase In U.S. Energy Production And Its Consequences For Investors	Seeking Alpha
Thursday, 14 September 2023
10:31	Bet on These 3 Energy Stocks With Juicy Dividend Yields	Zacks Investment Research
Tuesday, 12 September 2023
03:00	Magellan Appears to Be Winning Shareholder Backing for Oneok Deal	Barrons
Thursday, 7 September 2023
19:32	3 Energy Stocks Suited Nicely for Income Investors	Zacks Investment Research
Wednesday, 6 September 2023
08:34	Magellan Releases New Details on Deal With Oneok; Here's 1 Red Flag Investors Should Watch	The Motley Fool
Friday, 1 September 2023
09:02	After a Sour August, Expect a Weak September: 5 Safe Picks	Zacks Investment Research
Monday, 28 August 2023
13:55	Magellan Midstream CEO discusses $18.8 billion dollar merger with ONEOK	Yahoo Finance
Friday, 25 August 2023
08:40	This Nearly 6%-Yielding Dividend Could Grow Briskly Through 2027	The Motley Fool
Wednesday, 23 August 2023
11:17	Are Oils-Energy Stocks Lagging Magellan Midstream Partners (MMP) This Year?	Zacks Investment Research
Friday, 18 August 2023
09:34	Magellan (MMP) Urges Unitholder 'Yes' Vote on ONEOK Deal	Zacks Investment Research
Wednesday, 16 August 2023
09:28	Magellan (MMP) Q2 Earnings & Revenues Outpace Estimates	Zacks Investment Research
Tuesday, 8 August 2023
11:06	Magellan Midstream: Overvalued, But Hold For Solid Dividend Yield	Seeking Alpha
Saturday, 5 August 2023
10:03	Is Magellan Midstream Partners Stock a Buy?	The Motley Fool
Thursday, 3 August 2023
13:30	Magellan Midstream (MMP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates	Zacks Investment Research
Tuesday, 25 July 2023
06:36	Magellan says confident sale to ONEOK will gain sufficient investor backing	Reuters
Thursday, 29 June 2023
09:15	Magellan Midstream to Announce Second-Quarter 2023 Financial Results on Aug. 3	PRNewsWire
Monday, 26 June 2023
16:37	Additional ONEOK-Magellan Deal Details Disclosed in SEC Filings	ETF Trends
Wednesday, 21 June 2023
18:36	Magellan Midstream Partners, L.P. (MMP) J.P.	Seeking Alpha
09:00	ONEOK And Magellan May Be Stronger Together But Face Opposition From Unitholders	Seeking Alpha
Tuesday, 20 June 2023
16:59	Magellan Midstream CEO on 'Compelling' Oneok Deal	Bloomberg Markets and Finance

Ideas & Opinions

Seeking Alpha 23 Sep 2023

Magellan Holders Now Own ONEOK; There Are Better Values In The Space
Seeking Alpha 14 Sep 2023

Sifting The World Day One
Seeking Alpha 25 Aug 2023

ONEOK: Expanding Competitive Advantage Amidst Inherent Risks
Seeking Alpha 27 Jun 2023

NuStar Energy: Embracing Green Trends
Seeking Alpha 11 May 2023

Magellan Midstream Benefiting From Increased Tariffs
Seeking Alpha 16 Mar 2023

The Alerian MLP ETF Is A Good Option If You Want MLP Exposure Without A K-1
Seeking Alpha 22 Feb 2023

Energy Transfer: 9.48% Yield, C-Corp Currency Possible, Undervalued By Roughly 50%
Seeking Alpha 20 Jan 2023

Delek US Holdings: Some Near-Term Concerns But Useful For Diversification
Seeking Alpha 21 Dec 2022

Energy Income Weekly: Posting Gains In An Ugly Week
Seeking Alpha 28 Nov 2022

Magellan Midstream: A Top Inflation Bet With An 8.1% Yield

Frequently Asked Questions (FAQ)

What's the price of Magellan Midstream Partners, L.P. stock today?

One share of Magellan Midstream Partners, L.P. stock can currently be purchased for approximately $69.
When is Magellan Midstream Partners, L.P.'s next earnings date?

Unfortunately, Magellan Midstream Partners, L.P.'s (MMP) next earnings date is currently unknown.
Does Magellan Midstream Partners, L.P. pay dividends?

Yes, Magellan Midstream Partners, L.P. pays dividends and its trailing 12-month yield is 1.88% with 83% payout ratio. The last Magellan Midstream Partners, L.P. stock dividend of $1.04 was paid on 14 Feb 2022.
How much money does Magellan Midstream Partners, L.P. make?

Magellan Midstream Partners, L.P. has a market capitalization of 13.94B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 17.1% to 3.2B US dollars.
What is Magellan Midstream Partners, L.P.'s stock symbol?

Magellan Midstream Partners, L.P. is traded on the NYSE under the ticker symbol "MMP".
What is Magellan Midstream Partners, L.P.'s primary industry?

Company operates in the Energy sector and Oil & Gas Midstream industry.
How do i buy shares of Magellan Midstream Partners, L.P.?

Shares of Magellan Midstream Partners, L.P. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Magellan Midstream Partners, L.P.'s key executives?
Magellan Midstream Partners, L.P.'s management team includes the following people:
- Mr. Michael N. Mears Chairman, Pres & Chief Executive Officer of Magellan GP LLC(age: 62, pay: $2,170,000)
- Mr. Aaron L. Milford Chief Operating Officer of Magellan GP LLC(age: 51, pay: $1,130,000)
- Mr. Jeffrey L. Holman Senior Vice President, Chief Financial Officer & Treasurer of Magellan GP LLC(age: 54, pay: $862,490)
- Mr. Douglas J. May Senior Vice President, Gen. Counsel, Compliance & Ethics Officer and Asst. Sec. of Magellan GP LLC(age: 54, pay: $769,840)
- Ms. Lisa J. Korner Senior Vice President of HR & Admin. - Magellan GP LLC(age: 64, pay: $743,710)
How many employees does Magellan Midstream Partners, L.P. have?

As Jul 2024, Magellan Midstream Partners, L.P. employs 1,655 workers.
When Magellan Midstream Partners, L.P. went public?

Magellan Midstream Partners, L.P. is publicly traded company for more then 24 years since IPO on 19 Mar 2001.
What is Magellan Midstream Partners, L.P.'s official website?

The official website for Magellan Midstream Partners, L.P. is magellanlp.com.
Where are Magellan Midstream Partners, L.P.'s headquarters?

Magellan Midstream Partners, L.P. is headquartered at One Williams Center, Tulsa, OK.
How can i contact Magellan Midstream Partners, L.P.?

Magellan Midstream Partners, L.P.'s mailing address is One Williams Center, Tulsa, OK and company can be reached via phone at +91 85747000.

Magellan Midstream Partners, L.P.

magellanlp.com

Exchange:

NYSE

Full time employees:

1,655

Industry:

Oil & Gas Midstream

Sector:

Energy

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.

+91 85747000

One Williams Center
Tulsa, OK 74121-2186

CIK: 0001126975
ISIN: US5590801065
CUSIP: 559080106