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NYSE:MMP

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

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About Magellan Midstream Partners Stock (NYSE:MMP)

Advanced Chart

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.

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MMP Stock News Headlines

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MMP Stock Analysis - Frequently Asked Questions

Magellan Midstream Partners, L.P. (NYSE:MMP) issued its earnings results on Thursday, May, 4th. The pipeline company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.11. The company's revenue for the quarter 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
1/20/2025
Fiscal Year End
12/31/2025

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

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This page (NYSE:MMP) was last updated on 1/21/2025 by MarketBeat.com Staff
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