Magellan Midstream Partners (MMP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $69.00 to $69.00
• 50-Day Range: $65.16 to $69.19
• 52-Week Range: $45.52 to $69.90
• Volume: N/A
• Average Volume: 1.42 million shs
• Market Capitalization: $13.94 billion
• P/E Ratio: 13.75
• Dividend Yield: 6.07%
• Price Target: N/A
• Consensus Rating: N/A

MMP Stock Analysis - Frequently Asked Questions

How were Magellan Midstream Partners' earnings last quarter?

Magellan Midstream Partners, L.P. (NYSE:MMP) posted its quarterly earnings data on Thursday, May, 4th. The pipeline company reported $1.32 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.11. The company's revenue was up 28.9% on a year-over-year basis.

What other stocks do shareholders of Magellan Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Magellan Midstream Partners investors own include Enterprise Products Partners (EPD), Apollo Global Management (APO), Verizon Communications (VZ), AT&T (T), Energy Transfer (ET), Cisco Systems (CSCO) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 5/04/2023
• Today: 2/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Pipelines, except natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:MMP
• CUSIP: N/A
• CIK: 1126975
• Web: www.magellanlp.com
• Phone: (918) 574-7000
• Fax: 302-655-5049
• Employees: 1,655
• Year Founded: 2000

Profitability

• EPS (Most Recent Fiscal Year): $5.02
• Trailing P/E Ratio: 13.75
• Forward P/E Ratio: 13.48
• P/E Growth: N/A
• Net Income: $1.04 billion
• Net Margins: 29.55%
• Pretax Margin: 29.62%
• Return on Equity: 58.77%
• Return on Assets: 13.07%

Debt

• Debt-to-Equity Ratio: 2.91
• Current Ratio: 1.08
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: $3.48 billion
• Price / Sales: 4.00
• Cash Flow: $6.08 per share
• Price / Cash Flow: 11.34
• Book Value: $8.22 per share
• Price / Book: 8.39

Miscellaneous

• Outstanding Shares: 202,096,000
• Free Float: 201,449,000
• Market Cap: $13.94 billion
• Optionable: Optionable
• Beta: 0.90