Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NYSE:MMP

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

Magellan Midstream Partners logo

About Magellan Midstream Partners Stock (NYSE:MMP)

Key Stats

Today's Range
$69.00
$69.00
50-Day Range
$65.16
$69.19
52-Week Range
$45.52
$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

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.

Receive MMP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Magellan Midstream Partners and its competitors with MarketBeat's FREE daily newsletter.

MMP Stock News Headlines

Tesla Execs are Freaking Out
It’s so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity. This is a once-in-a-lifetime opportunity that you don’t want to miss.
November's 5 Dividend Growth Stocks With 5.57%+ Yields
See More Headlines

MMP Stock Analysis - Frequently Asked Questions

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

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
11/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
1,655
Year Founded
2000

Profitability

Net Income
$1.04 billion
Pretax Margin
29.62%

Debt

Sales & Book Value

Annual Sales
$3.48 billion
Cash Flow
$6.08 per share
Book Value
$8.22 per share

Miscellaneous

Free Float
201,449,000
Market Cap
$13.94 billion
Optionable
Optionable
Beta
0.90

Social Links

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report

This page (NYSE:MMP) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners