Magellan Midstream Partners (MMP) Stock Price
Magellan Midstream Partners Price
Over the last 19 years Magellan Midstream Partners grew revenue by 10.4% annually, reaching 3.20 B USD. Earnings per share have grown at 10.1% per year over the last 19 years. For Magellan Midstream Partners, the net margin of 32.4% is down versus 47.2% a few years ago. At today's price the dividend yield works out to roughly 6.03%. The payout ratio is around 83% of earnings. The dividend has grown at 9.3% per year over the past 19 years.
Magellan Midstream Partners stock price
Magellan Midstream Partners business model & stock analysis
Frequently asked questions about Magellan Midstream Partners
Magellan Midstream Partners LP operates as a master limited partnership (MLP) that primarily transports, stores, and distributes refined petroleum products. The company owns and operates an extensive network of pipelines, terminals, and storage facilities across the United States. Magellan Midstream Partners LP's business model focuses on providing essential infrastructure for the efficient transportation and storage of commodities, serving both oil producers and consumers. By leveraging its strategically located assets, the company plays a vital role in facilitating the reliable supply of petroleum products.
Magellan Midstream Partners LP is primarily active in the energy infrastructure industry.
The main competitors of Magellan Midstream Partners LP in the market include Enterprise Products Partners LP, Kinder Morgan Inc., Plains All American Pipeline LP, and Energy Transfer LP.
Magellan Midstream Partners LP is a renowned energy infrastructure company with a rich history and background. Founded in 2000, Magellan operates an extensive network of refined petroleum product pipelines and storage terminals. The company is engaged in the transportation, storage, and distribution of energy products across the United States. Magellan has established a strong reputation for its reliable and efficient operations, ensuring the safe delivery of various commodities like gasoline, diesel, and crude oil. With a focus on customer satisfaction and strategic partnerships, Magellan Midstream Partners LP continues to play a vital role in the energy industry, contributing to the nation's energy security and economic growth.
Magellan Midstream Partners LP has achieved several significant milestones. Some notable achievements include the expansion of its storage and transportation infrastructure, enhancing its ability to deliver crude oil and refined products. The company also successfully completed pipeline and terminal projects, such as the construction of the Longhorn and BridgeTex pipelines, which extended its reach into key markets. Magellan Midstream Partners LP demonstrated its commitment to environmental stewardship by implementing various initiatives to reduce emissions and improve safety. Furthermore, the company consistently delivered strong financial performance, providing stable and growing cash flows to its investors. These milestones highlight Magellan Midstream Partners LP's position as a leading energy infrastructure company.
Magellan Midstream Partners LP is primarily present in the United States. With its headquarters located in Tulsa, Oklahoma, the company operates a network of refined petroleum products pipelines and storage terminals across various regions in the US. Magellan Midstream Partners LP has a significant presence in the Gulf Coast, Midwest, and Texas, serving as a crucial link in the transportation, storage, and distribution of petroleum products. The company's extensive pipeline system spans over 9,800 miles, connecting key refining and distribution hubs. Magellan Midstream Partners LP is committed to providing efficient and reliable energy infrastructure across the US market.
Magellan Midstream Partners LP represents values of safety, integrity, and environmental responsibility. With a strong focus on delivering products and services reliably, the company has built a reputation for being a leader in the midstream energy industry. Magellan Midstream Partners LP prioritizes the protection of the environment and communities where it operates while maintaining the highest safety standards. Through innovation and collaboration, the company strives to meet the evolving needs of its customers while creating long-term value for its stakeholders. By upholding these principles, Magellan Midstream Partners LP has solidified its position as a trusted and responsible energy infrastructure company.
16 analysts currently rate the Magellan Midstream Partners stock: 5 recommend buying, 10 holding and 1 selling.
Converted at the current exchange rate, the Magellan Midstream Partners share trades at 61.57 EUR (69.00 USD).
The Magellan Midstream Partners share (MMP) is listed on 1 stock exchanges, including: NYSE (MMP).
Magellan Midstream Partners LP is a leading provider of energy transportation and storage services in the USA. Founded in 2001, the company has extensive experience in pipeline infrastructure and offers a wide range of energy transportation and storage services. The company is a partner of Magellan Midstream Holdings and is responsible for pipelines and terminals. The company operates four main business segments, including refinery services, fuel distribution, natural gas and liquefied natural gas transportation and storage, and ports and terminals. The refinery services segment includes crude oil and product pipelines as well as product terminal services. Magellan offers a variety of measures to increase operational efficiency and optimize processing and storage capacities. The company also has direct connections to seaports, enabling smooth transportation of crude oil and products. Magellan's fuel distribution segment includes the sale of bulk quantities of fuel such as gasoline, diesel, and aviation fuel. The company has extensive networks of terminals that provide access to major highways and airports. In the natural gas and liquefied natural gas transportation and storage segment, Magellan has long been a leading provider of import and export energy services. The services are offered to customers worldwide. The company has a variety of technologies that enable optimal utilization of infrastructure to reduce operating and service costs. Magellan's ports and terminals segment is an important business area that provides products and storage facilities for many industries. The company offers specialized services for providing transportation and storage facilities for oil and gas companies, agricultural companies, and other industries to enable optimal utilization of infrastructure and reduce costs. Magellan is a leader in implementing technologies such as automated operation of pipelines and terminals that improve service efficiency and infrastructure utilization. The company also strongly supports more environmentally friendly technologies and initiates projects that showcase renewable energies. Overall, Magellan Midstream Partners' business strategy is focused on quality and service orientation to meet the needs of its customers and promote the growth of the company through increased efficiency and productivity. The company is a key partner for a variety of industries and is an important name in the energy industry due to its wide range of services and innovation.
The revenue cannot currently be calculated for Magellan Midstream Partners.
The profit cannot currently be calculated for Magellan Midstream Partners.
The P/E ratio cannot be calculated for Magellan Midstream Partners at the moment.
The P/S cannot be calculated for Magellan Midstream Partners currently.
The Eulerpool Quality Score for Magellan Midstream Partners is 5/10.
The ISIN of Magellan Midstream Partners is US5590801065. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Magellan Midstream Partners is MMP. The ticker symbol is used to trade Magellan Midstream Partners shares on the stock exchange.
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All fundamentals and in-depth analysis of Magellan Midstream Partners
Our stock analysis for Magellan Midstream Partners stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Magellan Midstream Partners. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.