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Magellan Midstream Partners, L.P.

MMP US

MMP USMagellan Midstream Partners, L.P.

United States Composite

69.00

USD

-0.44

(-0.63%)

5.02EPS Dil.

13.74P/E

13.94BMarket Cap

6.04%Div. Yield

Next Earnings

October 25

Ex-Dividend Date

August 4

Dividend Date

August 14

Held by Insiders

0.39%

Held by Institutions

53.10%

Short % of Float

3.44%

YTD Yield

24.66%

3Y Yield

48.71%

5Y Yield

12.89%

Capital Structure

FRC

•

in mil. unless spec.

Dec'22

Mar'23

Jun'23

ST Debt

LT Borrowings

5,015

4,984

LT Finance Leases

117

112

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

203

202

Market Capitalization

- -

10,966

12,595

Working Capital

FRC

•

in mil. unless spec.

Dec'22

Mar'23

Jun'23

Total Current Assets

711

599

737

Cash, Cash Equivalents & STI

128

Accounts Receivable, Net

220

160

170

Inventories

356

327

330

Total Current Liabilities

726

618

681

Payables & Accruals

539

439

526

ST Debt

Deferred Revenue

104

110

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

6.59%

5.57%

17.09%

Net Income, GAAP

11.73%

7.12%

5.50%

Free Cash Flow

25.94%

22.45%

-7.82%

Total Cash Common Dividend

8.29%

1.72%

-3.97%

Total Equity

1.84%

-3.44%

-11.32%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

661

654

639

809

2,733

2022

675

789

876

861

3,200

2023

870

877

- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.99

1.26

1.08

1.14

4.47

2022

0.78

1.67

1.59

0.91

4.95

2023

1.34

1.18

- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

1.03

1.04

4.13

2022

1.04

4.15

2023

1.04

- -

Company Description

CEO: Mr. Aaron L. Milford
Full Time Employees: 1,655
Sector: Energy
Industry: Oil & Gas Midstream
Address: One Williams Center Tulsa OK United States 74121-2186
Website: www.magellanlp.com
Business: Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates refined products pipeline that transports gasoline, diesel and aviation fuel, kerosene, and heating oil to refiners, 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. It also 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. Magellan Midstream Partners, L.P. was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.

Company Description

CEO: Mr. Aaron L. Milford
Full Time Employees: 1,655
Sector: Energy
Industry: Oil & Gas Midstream
Address: One Williams Center Tulsa OK United States 74121-2186
Website: www.magellanlp.com
Business: Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates refined products pipeline that transports gasoline, diesel and aviation fuel, kerosene, and heating oil to refiners, 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. It also 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. Magellan Midstream Partners, L.P. was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.