Magellan Midstream Partners L.P. Company Profile (NYSE:MMP)

About Magellan Midstream Partners L.P.

Magellan Midstream Partners L.P. logoMagellan Midstream Partners, L.P. is engaged in the transportation, storage and distribution of refined petroleum products and crude oil. The Company's business segments include Refined Products, Crude Oil and Marine Storage. The Company's asset portfolio, including the assets of its joint ventures, consist of the Company's refined products segment, including over 9,500 mile refined products pipeline system with approximately 50 terminals, as well as over 30 independent terminals not connected to the its pipeline system and its approximately 1,100-mile ammonia pipeline system; its crude oil segment, including approximately 1,700 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of over 20 million barrels, of which approximately 14 million is used for leased storage, and its marine storage segment, consisting of over five marine terminals located along coastal waterways with an aggregate storage capacity of approximately 30 million barrels.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MMP
  • CUSIP:
Key Metrics:
  • Previous Close: $69.98
  • 50 Day Moving Average: $70.02
  • 200 Day Moving Average: $70.83
  • 52-Week Range: $54.51 - $77.45
  • Trailing P/E Ratio: 18.76
  • Foreward P/E Ratio: 18.42
  • P/E Growth: 2.48
  • Market Cap: $15.94B
  • Outstanding Shares: 227,783,000
  • Beta: 0.65
Profitability:
  • Net Margins: 38.97%
  • Return on Equity: 38.58%
  • Return on Assets: 12.55%
Debt:
  • Debt-to-Equity Ratio: 1.75%
  • Current Ratio: 0.54%
  • Quick Ratio: 0.32%
Additional Links:
Companies Related to Magellan Midstream Partners L.P.:

Analyst Ratings

Consensus Ratings for Magellan Midstream Partners L.P. (NYSE:MMP) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings, 8 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.53)
Consensus Price Target: $79.13 (13.07% upside)

Analysts' Ratings History for Magellan Midstream Partners L.P. (NYSE:MMP)
Show:
DateFirmActionRatingPrice TargetDetails
8/23/2016ArgusReiterated RatingBuy$85.00View Rating Details
8/18/2016Morgan StanleyDowngradeEqual -> Underweight$73.00 -> $69.00View Rating Details
8/5/2016WunderlichReiterated RatingHold$71.00View Rating Details
8/3/2016Credit Suisse Group AGSet Price TargetSell$74.00View Rating Details
7/13/2016Ladenburg ThalmannInitiated CoverageBuyView Rating Details
6/14/2016Seaport Global SecuritiesInitiated CoverageBuy$82.00View Rating Details
5/16/2016JPMorgan Chase & Co.Lower Price TargetNeutral$82.00 -> $78.00View Rating Details
5/10/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
5/5/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
4/29/2016Royal Bank Of CanadaBoost Price TargetOutperform$61.00 -> $69.00View Rating Details
3/9/2016Mitsubishi UFJ Financial GroupInitiated CoverageNeutral$83.00View Rating Details
2/5/2016Barclays PLCLower Price TargetOverweight$84.00 -> $82.00View Rating Details
1/4/2016Raymond James Financial Inc.UpgradeOutperform -> Strong-Buy$75.00 -> $78.00View Rating Details
11/16/2015DA DavidsonInitiated CoverageBuy$85.00View Rating Details
11/2/2015Citigroup Inc.Lower Price TargetBuy$95.50 -> $93.50View Rating Details
9/11/2015Goldman Sachs Group Inc.Lower Price TargetNeutral$83.00 -> $70.00View Rating Details
11/4/2014Bank of America Corp.Reiterated RatingBuy$88.00 -> $90.00View Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Magellan Midstream Partners L.P. (NYSE:MMP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/2/2016Q216$0.75$0.82$519.12 million$518.90 millionViewN/AView Earnings Details
5/4/2016Q116$0.84$0.87$558.10 million$530.30 millionViewN/AView Earnings Details
2/4/2016Q415$0.91$0.91$628.00 million$573.05 millionViewN/AView Earnings Details
11/3/2015Q315$0.73$0.86$518.54 million$577.20 millionViewN/AView Earnings Details
8/6/2015Q215$0.73$0.78$504.02 million$496.40 millionViewN/AView Earnings Details
5/5/2015Q115$0.93$0.83$631.54 million$522.10 millionViewN/AView Earnings Details
2/5/2015Q414$0.93$1.10$599.10 million$667.07 millionViewN/AView Earnings Details
10/31/2014Q314$0.66$0.87$484.30 million$443.84 millionViewN/AView Earnings Details
8/5/2014Q214$0.71$0.70$503.27 million$496.45 millionViewN/AView Earnings Details
5/6/2014Q114$0.67$1.07$509.20 million$618.60 millionViewN/AView Earnings Details
2/4/2014Q413$0.82$0.83$552.95 million$190.00 millionViewN/AView Earnings Details
10/31/2013Q313$0.58$0.55$424.60 million$443.80 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.53$0.65$461.90 million$443.92 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.48$0.51$515.03 million$432.40 millionViewN/AView Earnings Details
2/5/2013Q4 2012$0.65$0.58$505.26 million$486.93 millionViewListenView Earnings Details
10/31/2012Q312$0.44$0.35$468.27 million$435.51 millionViewN/AView Earnings Details
8/1/2012$0.91$1.01ViewN/AView Earnings Details
5/2/2012$0.92$0.83ViewN/AView Earnings Details
2/7/2012$0.96$0.97ViewN/AView Earnings Details
11/2/2011$0.72$0.79ViewN/AView Earnings Details
8/3/2011$0.82$0.91ViewN/AView Earnings Details
5/4/2011$0.76$0.80ViewN/AView Earnings Details
2/2/2011$0.77$0.78ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magellan Midstream Partners L.P. (NYSE:MMP)
Current Year EPS Consensus Estimate: $3.53 EPS
Next Year EPS Consensus Estimate: $3.8 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.81$0.88$0.85
Q2 20163$0.64$0.83$0.74
Q3 20163$0.81$0.89$0.86
Q4 20163$0.91$0.92$0.91
Q1 20172$0.86$0.93$0.90
Q2 20172$0.90$0.92$0.91
Q3 20172$0.91$0.96$0.94
Q4 20172$0.92$1.03$0.98
Q2 20181$0.93$0.93$0.93
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Magellan Midstream Partners L.P. (NYSE:MMP)
Annual Dividend:$3.28
Dividend Yield:4.69%
Dividend Growth:17.80% (3 Year Average)
Payout Ratio:87.70% (Based on Trailing 12 Months of Earnings)
92.92% (Based on Current Year Consensus EPS Estimate)
86.32% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Magellan Midstream Partners L.P. (NYSE:MMP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2016quarterly$0.824.46%7/28/20168/1/20168/12/2016
4/21/2016quarterly$0.804.59%4/28/20165/2/20165/13/2016
1/27/2016quarterly$0.794.85%2/3/20162/5/20162/12/2016
10/22/2015quarterly$0.764.77%10/29/201511/2/201511/13/2015
7/24/2015quarterly$0.744.3%8/5/20158/7/20158/14/2015
4/23/2015quarterly$0.723.49%4/30/20155/4/20155/15/2015
1/27/2015$0.702/4/20152/6/20152/13/2015
10/22/2014quarterly$0.673.29%11/5/201411/7/201411/14/2014
7/24/2014quarterly$0.643.02%7/31/20148/4/20148/14/2014
4/24/2014quarterly$0.613.36%5/6/20145/8/20145/15/2014
1/28/2014quarterly$0.593.59%2/5/20142/7/20142/14/2014
10/25/2013quarterly$0.563.71%11/5/201311/7/201311/14/2013
7/25/2013quarterly$0.533.82%8/5/20138/7/20138/14/2013
4/25/2013quarterly$0.513.84%5/6/20135/8/20135/15/2013
1/22/2013quarterly$0.504.13%2/4/20132/6/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Magellan Midstream Partners L.P. (NYSE:MMP)
Insider Ownership Percentage: 0.28%
Institutional Ownership Percentage: 62.52%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2016Michael N MearsCEOSell100$70.02$7,002.00View SEC Filing  
5/6/2016Jeff R SelvidgeSVPSell5,504$72.00$396,288.00View SEC Filing  
3/4/2016Michael N MearsCEOSell20,000$70.71$1,414,200.00View SEC Filing  
3/2/2016Jeff R SelvidgeSVPSell7,500$67.80$508,500.00View SEC Filing  
2/29/2016Douglas J MaySVPSell8,000$68.25$546,000.00View SEC Filing  
5/21/2015Robert L BarnesSVPSell3,600$81.86$294,696.00View SEC Filing  
2/27/2015Douglas J MaySVPSell4,800$82.29$394,992.00View SEC Filing  
2/20/2015Jeff R SelvidgeSVPSell7,500$82.50$618,750.00View SEC Filing  
2/13/2015Lisa J KornerSVPSell12,000$80.32$963,840.00View SEC Filing  
11/21/2014Lisa J KornerSVPSell6,066$87.06$528,105.96View SEC Filing  
11/19/2014Brett C RileySVPSell15,000$88.00$1,320,000.00View SEC Filing  
11/19/2014Michael N MearsCEOSell20,000$88.01$1,760,200.00View SEC Filing  
11/14/2014Brett C RileySVPSell20,000$85.91$1,718,200.00View SEC Filing  
11/12/2014Robert L BarnesSVPSell1,800$85.68$154,224.00View SEC Filing  
9/16/2014Jeff R SelvidgeSVPSell7,000$83.00$581,000.00View SEC Filing  
6/6/2014Michael N MearsCEOSell20,000$84.01$1,680,200.00View SEC Filing  
3/6/2014Lisa KornerSVPSell20,000$69.21$1,384,200.00View SEC Filing  
11/26/2013Brett RileySVPSell20,000$62.22$1,244,400.00View SEC Filing  
8/21/2013Jeff SelvidgeSVPSell3,111$55.14$171,540.54View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Magellan Midstream Partners L.P. (NYSE:MMP)
DateHeadline
fool.com logoBetter Buy: Magellan Midstream Partners LP vs. Spectra Energy Partners - Motley Fool (NYSE:MMP)
www.fool.com - September 26 at 6:09 PM
News IconMagellan Midstream Partners LP (NYSE:MMP) from Oil & Gas Pipelines – Todays Top Gains - Twin County News (NYSE:MMP)
twincountynews.com - September 26 at 10:52 AM
finance.yahoo.com logoTrade sees ceiling in Magellan Midstream (NYSE:MMP)
finance.yahoo.com - September 26 at 10:52 AM
investorplace.com logo22 Oil Gas & Consumable Fuels Stocks to Buy Now - Investorplace.com (NYSE:MMP)
investorplace.com - September 23 at 5:46 PM
fool.com logo2 Stocks With Better Dividends Than Magellan Midstream Partners, LP - Motley Fool (NYSE:MMP)
www.fool.com - September 23 at 10:51 AM
fool.com logo2 Stocks With Better Dividends Than Magellan Midstream Partners, L.P. (NYSE:MMP)
www.fool.com - September 22 at 11:59 AM
News IconLeading stocks in today’s market: Magellan Midstream Partners LP (NYSE:MMP) (NYSE:MMP)
twincountynews.com - September 21 at 5:53 PM
News IconLeading stocks in today’s market: Magellan Midstream Partners LP (NYSE:MMP) (NYSE:MMP)
twincountynews.com - September 21 at 5:53 PM
fool.com logoWill Magellan Midstream Partners, L.P. Raise Its Dividend in 2017? (NYSE:MMP)
www.fool.com - September 21 at 12:06 PM
4-traders.com logoMagellan Midstream Partners L P : New dinosaur mural adorns New Haven fuel tank (NYSE:MMP)
www.4-traders.com - September 19 at 6:11 PM
News IconHigh Market Cap Stock of the Day – Magellan Midstream Partners LP (NYSE:MMP) (NYSE:MMP)
twincountynews.com - September 19 at 6:11 PM
investornewswire.com logoMagellan Midstream Partners L.P. (NYSE:MMP) Handed A Score Of 1.87 - Investor Newswire (NYSE:MMP)
www.investornewswire.com - September 18 at 5:47 PM
News IconMagellan Midstream Partners, L.P. in 5 Charts - Fox Business (NYSE:MMP)
www.foxbusiness.com - September 17 at 5:49 PM
seekingalpha.com logoTrolling For Distributions In The Crude Oil Pipelines (NYSE:MMP)
seekingalpha.com - September 17 at 10:41 AM
fool.com logoMagellan Midstream Partners, L.P. in 5 Charts (NYSE:MMP)
www.fool.com - September 16 at 1:22 PM
investornewswire.com logoMagellan Midstream Partners L.P. (NYSE:MMP) Bullish Price Target At - Investor Newswire (NYSE:MMP)
www.investornewswire.com - September 15 at 9:20 PM
News IconStock Tracker: Earnings & Estimates for Magellan Midstream Partners L.P. (NYSE:MMP) (NYSE:MMP)
10thousandcouples.com - September 14 at 6:17 PM
News IconMagellan Midstream Partners LP (NYSE:MMP) - Cosumnes Connection (subscription) (NYSE:MMP)
www.crcconnection.com - September 14 at 10:27 AM
biz.yahoo.com logoMAGELLAN MIDSTREAM PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct F (NYSE:MMP)
biz.yahoo.com - September 14 at 10:27 AM
News IconMagellan Midstream Partners L.P. (NYSE:MMP) (NYSE:MMP)
10thousandcouples.com - September 13 at 10:59 AM
fool.com logo3 Oil Stocks to Buy in September (NYSE:MMP)
www.fool.com - September 13 at 10:59 AM
News IconStock Up Over the Past Five Trading Sessions: Magellan Midstream Partners LP (NYSE:MMP) - Post News (NYSE:MMP)
www.kentuckypostnews.com - September 12 at 5:55 PM
News IconShares Lower Over the Past Quarter: Magellan Midstream Partners LP (NYSE:MMP) - Post News (NYSE:MMP)
www.kentuckypostnews.com - September 10 at 5:38 PM
News IconThe Sell-side Consensus is in on Magellan Midstream Partners L.P. (NYSE:MMP); Earnings & Target Updates - National Daily Press (NYSE:MMP)
www.nationaldailypress.com - September 10 at 10:31 AM
News IconIs Magellan Midstream Partners LP(NYSE: MMP), a large market cap stock a smart buy? - The Daily Leicester (NYSE:MMP)
thedailyleicester.com - September 10 at 10:31 AM
News IconYorkville Capital Management Lowers stake in Magellan Midstream Partners L.P. (MMP) - National Daily Press (NYSE:MMP)
www.nationaldailypress.com - September 10 at 10:31 AM
News IconMagellan Midstream Partners LP (NYSE:MMP) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NYSE:MMP)
voiceregistrar.com - September 8 at 5:59 PM
biz.yahoo.com logoMAGELLAN MIDSTREAM PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements a (NYSE:MMP)
biz.yahoo.com - September 7 at 6:21 PM
zacks.com logoMagellan Midstream Prices Senior Notes Worth $500 Million (NYSE:MMP)
www.zacks.com - September 7 at 9:45 AM
finance.yahoo.com logo3:16 pm Magellan Midstream prices 4.25% senior notes due 2046 at 98.762% of par to yield 4.324% to maturity (NYSE:MMP)
finance.yahoo.com - September 6 at 6:17 PM
publicnow.com logoMagellan Midstream Prices $500 Million Debt Offering (NYSE:MMP)
www.publicnow.com - September 6 at 6:17 PM
News IconShares Higher Over the Last Five Trading Sessions: Magellan Midstream Partners LP (NYSE:MMP) - Post News (NYSE:MMP)
www.kentuckypostnews.com - September 6 at 10:54 AM
marketrealist.com logoReturns of Midstream Stocks with High and Low Implied Volatility (NYSE:MMP)
marketrealist.com - September 6 at 10:54 AM
News IconShares Posting Gains Over the Past Half Year: Magellan Midstream Partners LP (NYSE:MMP) - Post News (NYSE:MMP)
www.kentuckypostnews.com - September 5 at 5:34 PM
seekingalpha.com logoEQT Midstream Partners: The New Magellan? - Seeking Alpha (NYSE:MMP)
seekingalpha.com - September 5 at 5:34 PM
seekingalpha.com logoMagellan Midstream Partners: One Of America's Great Dividend Growth Names Defies The Oil Crash (NYSE:MMP)
seekingalpha.com - September 5 at 10:29 AM
News IconIs Magellan Midstream Partners LP(NYSE: MMP), a large market ... - The Daily Leicester (NYSE:MMP)
thedailyleicester.com - September 3 at 10:36 AM
fidaily.com logoInsiders Are Selling - Magellan Midstream Partners L.P (NYSE:MMP) - Finance Daily (NYSE:MMP)
www.fidaily.com - September 1 at 6:05 PM
finance.yahoo.com logoMagellan Midstream to Present at Barclays CEO Energy-Power Conference (NYSE:MMP)
finance.yahoo.com - September 1 at 6:05 PM
fool.com logo3 Reasons Magellan Midstream Partners, L.P. Stock Could Rise (NYSE:MMP)
www.fool.com - September 1 at 9:20 AM
4-traders.com logoMagellan Midstream Partners L P : Bad gas impacts 2 area retailers (NYSE:MMP)
www.4-traders.com - September 1 at 9:19 AM
News IconStock Up Over the Past Five Trading Days: Magellan Midstream Partners LP (NYSE:MMP) - Post News (NYSE:MMP)
www.kentuckypostnews.com - August 30 at 6:11 PM
News IconSell-side Price Target Review on Magellan Midstream Partners L.P. (NYSE:MMP) - Post News (NYSE:MMP)
www.kentuckypostnews.com - August 30 at 6:11 PM
News IconMagellan Midstream Partners LP Valuation – August 2016 $MMP (NYSE:MMP)
www.moderngraham.com - August 29 at 6:04 PM
News IconHow Analysts & Retail Investors Perceive Magellan Midstream Partners L.P. (NYSE:MMP) Shares - Post News (NYSE:MMP)
www.kentuckypostnews.com - August 29 at 10:44 AM
stocksdaily.net logoMagellan Midstream Partners LP (NYSE:MMP): The Buzzing Stock - Stocks Daily (NYSE:MMP)
www.stocksdaily.net - August 28 at 5:34 PM
fidaily.com logoBeach Investment Counsel Inc/pa Sells A Little More Magellan Midstream Partners L.P (MMP) Stock Last Quarter (NYSE:MMP)
www.fidaily.com - August 26 at 5:57 PM
thestreet.com logo4 Safe MLPs Paying Higher Dividends (NYSE:MMP)
www.thestreet.com - August 26 at 5:57 PM
marketrealist.com logoHow Enterprise Products Partners’ Yield Compares with Peers (NYSE:MMP)
marketrealist.com - August 25 at 11:17 AM
News IconMagellan Midstream Partners LP (NYSE:MMP) from Oil & Gas Pipelines – Todays Top Gains (NYSE:MMP)
twincountynews.com - August 24 at 6:00 PM

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Magellan Midstream Partners L.P. (NYSE:MMP) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff