Magellan Midstream Partners L.P. (MMP) Company Profile & Statistics

Magellan Midstream Partners L.P.
MMP
(NYSE)
Closed
54.71
+0.15 (+0.28%)
in:usd•As of: Feb 03, 2023 15:59 UTC -5
Open
54.70
High
54.93
Low
53.52

About Magellan Midstream Partners L.P.

CEO

Michael N. Mears

Headquarters

one williams center, p.o. box 22186

tulsa, ok 74121, united states

Auditor

Ernst & Young LLP

Employees

1,715

Share Holders

170,000

Website

www.magellanlp.com

Industry

oil and gas pipelines

Sector

industrial services

Company Overview

Magellan Midstream Partners, L.P. owns and operates a diversified portfolio of energy infrastructure assets. The partnership primarily transports, stores, and distributes refined petroleum products to a lesser extent, ammonia. Magellan Midstream has operations in 2 segments: Refined Products and Crude Oil. Refined Products unit primarily comprises Magellan's pipeline system transporting gasoline and diesel fuel, with integrated terminals, independent terminals and barrels for storage. It also looks after the ammonia pipeline system with Magellan-owned terminals and caters to the mid-continent region. The unit also consists Magellan Midstream's Galena Park marine terminal and its interest in the Pasadena marine terminal joint venture. Crude Oil division includes pipelines, a condensate splitter, as well as storage services. The partnership has 100% interest in these pipelines, the condensate splitter and barrels. Magellan Midstream's crude oil pipelines are backed by long-term throughput commitments.

Magellan Midstream Partners L.P. Statistics

Valuation Measures

Market Capitalization ²	11.21B
Enterprise Value	16.22B
Enterprise Value/EBITDA (ttm)	11.74
Price to Earnings Ratio (ttm)	11.97
Price to Book (mrq)	6.39
Price to Sales (ttm)	3.49
Price to Cash (ytd)	9.03

Profitability

Gross Margin (ttm)	65.37%
Operating Margin (ttm)	29.81%
Profit Margin (ttm)	34.30%
Return on Equity (ttm)	53.86%
Return on Invested Capital (ttm)	13.16%
Return on Assets (ttm)	12.07%

Income Statement

Revenue (ttm)	3.15B
Revenue Per Share (ttm)	15.36
Gross Profit (ttm)	2.06B
EBITDA (ttm)³	1.38B
Net Income Avi to Common (ttm)	1.09B
Diluted EPS (ttm)	4.95

Share Statistics

Beta (5Y Monthly)	0.95
52-Week Change	20.51%
S&P500 52-Week Change	-8.09%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	204.94M
Dividend Yield	7.68%
Float ⁴	204.12M
% Held by Insiders	0.40%
% Held by Institutions	51.06%

Balance Sheet

Total Cash (mrq)	8.10M
Total Cash Per Share (mrq)	0.04
Total Debt (mrq)	5.01B
Total Debt/Equity (mrq)	286.22%
Current Ratio (mrq)	1.00%
Quick Ratio (mrq)	0.51%
Book Value Per Share (mrq)	8.55

Cash Flow

Operating Cash Flow Per Share (ytd)	3.80
Free Cash Flow (ytd)	659.50M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Magellan Midstream Partners L.P.

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