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Magellan Midstream Partners, L.P. Magellan Midstream Partners, L.P.

Magellan Midstream Partners, L.P.

MMP
Rank in Stocks #1639
Magellan Midstream Partners, L.P. (MMP) is an energy infrastructure firm... Magellan Midstream Partners, L.P. (MMP) is an energy infrastructure firm primarily engaged in the logistics of refined petroleum products and crude oil throughout the United States. The company's operations are divided into two principal business units: Refined Products and Crude Oil. Its Refined Products segment oversees an extensive pipeline system for transporting a variety of fuels, including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil. This network serves a broad spectrum of clients, from wholesalers, retailers, and traders to major transportation providers like railroads and airlines, as well as local farm cooperatives. These products ultimately reach diverse end-markets such as retail gasoline stations, truck stops, agricultural cooperatives, railway fueling depots, military bases, and commercial airports. In addition to transport, this segment offers critical services like pipeline capacity, tank storage, terminalling, specialized handling for ethanol and biodiesel (unloading and loading), additive injection, custom blending, laboratory analysis, and data services. Separately, the Crude Oil segment owns and manages a network of crude oil pipelines and storage facilities. This division also operates marine terminals situated along coastal areas, which provide comprehensive asset management solutions—from design and installation to construction, testing, ongoing operation, replacement, and overall administration—for refiners, marketers, and traders. As of December 31, 2021, MMP's infrastructure included a 9,800-mile refined products pipeline system featuring 54 associated terminals. Its crude oil assets comprised approximately 2,200 miles of pipelines and storage facilities with a total capacity of around 39 million barrels, in addition to two marine terminals. The company was founded in 2000 and has its corporate headquarters in Tulsa, Oklahoma.
Share Price
$69.00
Last synced: 2023-09-22
Market Cap
$13.94B
Change (1 day)
0.67%
Change (1 year)
0.00%
Country
US
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Earnings for Magellan Midstream Partners, L.P. (MMP)
Earnings in 2026 TTM: 0
According to Magellan Midstream Partners, L.P. latest financial reports the company's current earnings are 0. In 2026 the company made an earning of 0, equal to its 2026 earnings that were of 0. The earnings displayed on this page are the earnings before interest and taxes or simply EBIT.
Earnings history for Magellan Midstream Partners, L.P. from 2026 to 2026
Earnings at the end of each year
Year Earnings Change
Not enough data for the provided dates.
Earnings for similar companies or competitors
Company Earnings Earnings Difference Country
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CA
$4.24B -
US
$6.39B -
US
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US
$4.60B -
US