Magellan Midstream Partners LP (New York Stock Exchange:MMP)

About the company

Magellan Midstream Partners LP engages in the transportation, storage and distribution of petroleum products. It operates through the following segments: Refined Products, Crude Oil, and Marine Storage. The Refined Products segment consists of common carrier refined products pipeline system, independent terminals, and its ammonia pipeline system. The Crude Oil segment comprises of crude oil pipelines, splitter and storage facilities which are used for contract storage. The Marine Storage segment includes marine terminals located along coastal waterways. The company was founded in August 2000 and is headquartered in Tulsa, OK.

Sector

Industrial Services

Industry

Oil & Gas Pipelines

Employees

1884

CEO

Michael N. Mears

Exchange

New York Stock Exchange

Website

http://www.magellanlp.com

$3B

Total Revenue

2K

Employees

$10B

Market Capitalization

8.92

Price/Earning ratio

Stock price

Gross Margin (in %)

Total gross margin

$1934M

Operating Margin (in %)

Total operating margin

$1104M

Net Margin (in %)

Total net margin

$1101M

Dividend Yield (in %)

Dividend per share

$4.07

Industry peers

Name Ticker Market capitalization (in USD Million) Revenues (in USD Million) Price/Book Price/Earning Net margin (in %)
Enterprise Products Partners LP EPD 39455.73 31728.00 1.56 8.41 14.75
Kinder Morgan, Inc. KMI 33771.15 12886.00 1.02 25.71 10.21
The Williams Cos., Inc. WMB 23102.42 8060.00 1.87 173.00 1.67
Energy Transfer LP ET 18896.48 52719.00 0.99 9.75 3.66
MPLX LP MPLX 16862.09 8604.00 1.30 -7.84 -26.77
Cheniere Energy Partners LP CQP 16499.56 6807.00 20.17 14.57 16.73
ONEOK, Inc. OKE 13786.30 9521.00 2.47 17.30 8.39
Cheniere Energy, Inc. LNG 12971.20 10178.00 62.05 14.24 8.67
Magellan Midstream Partners LP MMP 9824.10 2882.00 3.80 8.92 38.20
Plains All American Pipeline LP PAA 6756.48 33563.00 0.66 -3.40 -5.50
EQM Midstream Partners LP EQM 4586.02 1694.00 0.86 267.88 4.94
Shell Midstream Partners LP SHLX 2823.44 493.00 -6.00 7.85 72.82
Antero Midstream Corp. AM 2595.00 1055.00 0.96 -3.15 -71.87
Enable Midstream Partners LP ENBL 2270.46 2813.00 0.28 6.39 12.44
TC Pipelines LP TCP 2179.70 391.00 3.24 8.37 67.01
Equitrans Midstream Corp. ETRN 2110.02 1694.00 8.26 -11.27 -11.24
DCP Midstream LP DCP 1909.70 7083.00 0.40 -2.90 -10.50
Holly Energy Partners LP HEP 1515.15 526.00 4.50 7.68 37.74
Plains GP Holdings LP PAGP 1467.84 33563.00 1.05 -3.90 -1.18
Rattler Midstream LP RTLR 1431.84 482.00 1.93 471.00 0.51
BP Midstream Partners LP BPMP 1192.88 129.00 11.14 8.43 133.66
EnLink Midstream LLC ENLC 1141.92 5398.00 0.66 -0.92 -22.78
Crestwood Equity Partners LP CEQP 983.29 3074.00 0.41 5.46 5.91
Genesis Energy LP GEL 864.69 2401.00 0.40 28.12 1.26
Altus Midstream Co. ALTM 828.00 143.00 52.57 -2.17 -266.70
Delek Logistics Partners LP DKL 550.80 595.00 -15.20 8.02 11.76
NGL Energy Partners LP NGL 526.44 7584.00 0.24 -0.90 -7.72
CNX Midstream Partners LP CNXM 464.34 314.00 2.25 2.66 54.51
Noble Midstream Partners LP NBLX 448.38 767.00 1.01 3.88 15.13
Sprague Resources LP SRLP 362.25 3204.00 3.05 9.55 1.18
Oasis Midstream Partners LP OMP 300.56 423.00 1.48 13.81 5.08
USD Partners LP USDP 83.16 116.00 -10.27 -2.75 -24.59
Martin Midstream Partners LP MMLP 76.05 806.00 -2.57 -0.47 -19.77
BlueKnight Energy Partners LP BKEP 56.17 356.00 -1.93 -5.27 -3.00

Latest insider transactions

Date Role Name Transaction Quantity Quantity Owned After

Magellan Midstream Partners L.P.

7d ago, source: MarketWatch

01/22/2020 17,384 Derivative/Non-derivative trans. at $62.87 per share. 1,092,932 01/22/2019 3,643 Derivative/Non-derivative trans. at $57.06 per share. 207,870 01/22/2019 12,111 Derivative/Non ...

Magellan Midstream Partners LP

3d ago, source: TheStreet.com

MAGELLAN MIDSTREAM PRTNRS LP's gross profit margin for the first quarter of its fiscal year 2020 is essentially unchanged when compared to the same period a year ago. The company managed to grow ...

Magellan Midstream Partners, L.P. (NYSE:MMP) Shares Purchased by Mercer Global Advisors Inc. ADV

4d ago, source: modernreaders.com

Mercer Global Advisors Inc. ADV increased its holdings in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 81.4% in ...

Colony Group LLC Boosts Stock Position in Magellan Midstream Partners, L.P. (NYSE:MMP)

6d ago, source: theenterpriseleader.com

Colony Group LLC grew its stake in Magellan Midstream Partners, L.P. (NYSE:MMP) by 8.3% in the first quarter, Holdings ...

Magellan Midstream Partners Named Top Dividend Stock With Insider Buying and 8.75% Yield (MMP)

21d ago, source: Nasdaq

One such company is Magellan Midstream Partners LP (Symbol: MMP), which saw buying by Director Chansoo Joung. Back on May 8, Joung invested $562,989.31 into 13,370 shares of MMP, for a cost per ...

Here's Why it is Worth Investing in Magellan Midstream Now

21d ago, source: YAHOO!

Magellan Midstream Partners LP MMP boasts a stable business model. Though the stock has lost 25.8% in the past year, it has a strong potential to grow in the near term. The firm should be included ...

Magellan Midstream Has a Vital Pipeline Network and an Attractive Yield

5d ago, source: Barron's

Magellan Midstream Partners has gained a reputation for being one of the best-run and financially astute pipeline operators ...



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