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

About Magellan Midstream Partners L.P.

Magellan 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.:

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:

Date	Firm	Action	Rating	Price Target
8/23/2016	Argus	Reiterated Rating	Buy	$85.00
8/18/2016	Morgan Stanley	Downgrade	Equal -> Underweight	$73.00 -> $69.00
8/5/2016	Wunderlich	Reiterated Rating	Hold	$71.00
8/3/2016	Credit Suisse Group AG	Set Price Target	Sell	$74.00
7/13/2016	Ladenburg Thalmann	Initiated Coverage	Buy
6/14/2016	Seaport Global Securities	Initiated Coverage	Buy	$82.00
5/16/2016	JPMorgan Chase & Co.	Lower Price Target	Neutral	$82.00 -> $78.00
5/10/2016	Wells Fargo & Co.	Reiterated Rating	Buy
5/5/2016	Stifel Nicolaus	Downgrade	Buy -> Hold
4/29/2016	Royal Bank Of Canada	Boost Price Target	Outperform	$61.00 -> $69.00
3/9/2016	Mitsubishi UFJ Financial Group	Initiated Coverage	Neutral	$83.00
2/5/2016	Barclays PLC	Lower Price Target	Overweight	$84.00 -> $82.00
1/4/2016	Raymond James Financial Inc.	Upgrade	Outperform -> Strong-Buy	$75.00 -> $78.00
11/16/2015	DA Davidson	Initiated Coverage	Buy	$85.00
11/2/2015	Citigroup Inc.	Lower Price Target	Buy	$95.50 -> $93.50
9/11/2015	Goldman Sachs Group Inc.	Lower Price Target	Neutral	$83.00 -> $70.00
11/4/2014	Bank of America Corp.	Reiterated Rating	Buy	$88.00 -> $90.00

(Data available from 9/27/2014 forward)

Earnings History for Magellan Midstream Partners L.P. (NYSE:MMP)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/1/2016
8/2/2016	Q216	$0.75	$0.82	$519.12 million	$518.90 million	View	N/A
5/4/2016	Q116	$0.84	$0.87	$558.10 million	$530.30 million	View	N/A
2/4/2016	Q415	$0.91	$0.91	$628.00 million	$573.05 million	View	N/A
11/3/2015	Q315	$0.73	$0.86	$518.54 million	$577.20 million	View	N/A
8/6/2015	Q215	$0.73	$0.78	$504.02 million	$496.40 million	View	N/A
5/5/2015	Q115	$0.93	$0.83	$631.54 million	$522.10 million	View	N/A
2/5/2015	Q414	$0.93	$1.10	$599.10 million	$667.07 million	View	N/A
10/31/2014	Q314	$0.66	$0.87	$484.30 million	$443.84 million	View	N/A
8/5/2014	Q214	$0.71	$0.70	$503.27 million	$496.45 million	View	N/A
5/6/2014	Q114	$0.67	$1.07	$509.20 million	$618.60 million	View	N/A
2/4/2014	Q413	$0.82	$0.83	$552.95 million	$190.00 million	View	N/A
10/31/2013	Q313	$0.58	$0.55	$424.60 million	$443.80 million	View	N/A
8/1/2013	Q2 2013	$0.53	$0.65	$461.90 million	$443.92 million	View	Listen
5/2/2013	Q1 2013	$0.48	$0.51	$515.03 million	$432.40 million	View	N/A
2/5/2013	Q4 2012	$0.65	$0.58	$505.26 million	$486.93 million	View	Listen
10/31/2012	Q312	$0.44	$0.35	$468.27 million	$435.51 million	View	N/A
8/1/2012		$0.91	$1.01			View	N/A
5/2/2012		$0.92	$0.83			View	N/A
2/7/2012		$0.96	$0.97			View	N/A
11/2/2011		$0.72	$0.79			View	N/A
8/3/2011		$0.82	$0.91			View	N/A
5/4/2011		$0.76	$0.80			View	N/A
2/2/2011		$0.77	$0.78			View	N/A

(Data available from 1/1/2011 forward)

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

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	3	$0.81	$0.88	$0.85
Q2 2016	3	$0.64	$0.83	$0.74
Q3 2016	3	$0.81	$0.89	$0.86
Q4 2016	3	$0.91	$0.92	$0.91
Q1 2017	2	$0.86	$0.93	$0.90
Q2 2017	2	$0.90	$0.92	$0.91
Q3 2017	2	$0.91	$0.96	$0.94
Q4 2017	2	$0.92	$1.03	$0.98
Q2 2018	1	$0.93	$0.93	$0.93

(Data provided by Zacks Investment Research)

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/21/2016	quarterly	$0.82	4.46%	7/28/2016	8/1/2016	8/12/2016
4/21/2016	quarterly	$0.80	4.59%	4/28/2016	5/2/2016	5/13/2016
1/27/2016	quarterly	$0.79	4.85%	2/3/2016	2/5/2016	2/12/2016
10/22/2015	quarterly	$0.76	4.77%	10/29/2015	11/2/2015	11/13/2015
7/24/2015	quarterly	$0.74	4.3%	8/5/2015	8/7/2015	8/14/2015
4/23/2015	quarterly	$0.72	3.49%	4/30/2015	5/4/2015	5/15/2015
1/27/2015		$0.70		2/4/2015	2/6/2015	2/13/2015
10/22/2014	quarterly	$0.67	3.29%	11/5/2014	11/7/2014	11/14/2014
7/24/2014	quarterly	$0.64	3.02%	7/31/2014	8/4/2014	8/14/2014
4/24/2014	quarterly	$0.61	3.36%	5/6/2014	5/8/2014	5/15/2014
1/28/2014	quarterly	$0.59	3.59%	2/5/2014	2/7/2014	2/14/2014
10/25/2013	quarterly	$0.56	3.71%	11/5/2013	11/7/2013	11/14/2013
7/25/2013	quarterly	$0.53	3.82%	8/5/2013	8/7/2013	8/14/2013
4/25/2013	quarterly	$0.51	3.84%	5/6/2013	5/8/2013	5/15/2013
1/22/2013	quarterly	$0.50	4.13%	2/4/2013	2/6/2013	2/14/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Magellan Midstream Partners L.P. (NYSE:MMP)

Insider Ownership Percentage: 0.28%
Institutional Ownership Percentage: 62.52%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/1/2016	Michael N Mears	CEO	Sell	100	$70.02	$7,002.00
5/6/2016	Jeff R Selvidge	SVP	Sell	5,504	$72.00	$396,288.00
3/4/2016	Michael N Mears	CEO	Sell	20,000	$70.71	$1,414,200.00
3/2/2016	Jeff R Selvidge	SVP	Sell	7,500	$67.80	$508,500.00
2/29/2016	Douglas J May	SVP	Sell	8,000	$68.25	$546,000.00
5/21/2015	Robert L Barnes	SVP	Sell	3,600	$81.86	$294,696.00
2/27/2015	Douglas J May	SVP	Sell	4,800	$82.29	$394,992.00
2/20/2015	Jeff R Selvidge	SVP	Sell	7,500	$82.50	$618,750.00
2/13/2015	Lisa J Korner	SVP	Sell	12,000	$80.32	$963,840.00
11/21/2014	Lisa J Korner	SVP	Sell	6,066	$87.06	$528,105.96
11/19/2014	Brett C Riley	SVP	Sell	15,000	$88.00	$1,320,000.00
11/19/2014	Michael N Mears	CEO	Sell	20,000	$88.01	$1,760,200.00
11/14/2014	Brett C Riley	SVP	Sell	20,000	$85.91	$1,718,200.00
11/12/2014	Robert L Barnes	SVP	Sell	1,800	$85.68	$154,224.00
9/16/2014	Jeff R Selvidge	SVP	Sell	7,000	$83.00	$581,000.00
6/6/2014	Michael N Mears	CEO	Sell	20,000	$84.01	$1,680,200.00
3/6/2014	Lisa Korner	SVP	Sell	20,000	$69.21	$1,384,200.00
11/26/2013	Brett Riley	SVP	Sell	20,000	$62.22	$1,244,400.00
8/21/2013	Jeff Selvidge	SVP	Sell	3,111	$55.14	$171,540.54

(Data available from 1/1/2013 forward)

Latest Headlines for Magellan Midstream Partners L.P. (NYSE:MMP)

Date	Headline
	Better Buy: Magellan Midstream Partners LP vs. Spectra Energy Partners - Motley Fool (NYSE:MMP) www.fool.com - September 26 at 6:09 PM
	Magellan 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
	Trade sees ceiling in Magellan Midstream (NYSE:MMP) finance.yahoo.com - September 26 at 10:52 AM
	22 Oil Gas & Consumable Fuels Stocks to Buy Now - Investorplace.com (NYSE:MMP) investorplace.com - September 23 at 5:46 PM
	2 Stocks With Better Dividends Than Magellan Midstream Partners, LP - Motley Fool (NYSE:MMP) www.fool.com - September 23 at 10:51 AM
	2 Stocks With Better Dividends Than Magellan Midstream Partners, L.P. (NYSE:MMP) www.fool.com - September 22 at 11:59 AM
	Leading stocks in today’s market: Magellan Midstream Partners LP (NYSE:MMP) (NYSE:MMP) twincountynews.com - September 21 at 5:53 PM
	Leading stocks in today’s market: Magellan Midstream Partners LP (NYSE:MMP) (NYSE:MMP) twincountynews.com - September 21 at 5:53 PM
	Will Magellan Midstream Partners, L.P. Raise Its Dividend in 2017? (NYSE:MMP) www.fool.com - September 21 at 12:06 PM
	Magellan Midstream Partners L P : New dinosaur mural adorns New Haven fuel tank (NYSE:MMP) www.4-traders.com - September 19 at 6:11 PM
	High Market Cap Stock of the Day – Magellan Midstream Partners LP (NYSE:MMP) (NYSE:MMP) twincountynews.com - September 19 at 6:11 PM
	Magellan 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
	Magellan Midstream Partners, L.P. in 5 Charts - Fox Business (NYSE:MMP) www.foxbusiness.com - September 17 at 5:49 PM
	Trolling For Distributions In The Crude Oil Pipelines (NYSE:MMP) seekingalpha.com - September 17 at 10:41 AM
	Magellan Midstream Partners, L.P. in 5 Charts (NYSE:MMP) www.fool.com - September 16 at 1:22 PM
	Magellan Midstream Partners L.P. (NYSE:MMP) Bullish Price Target At - Investor Newswire (NYSE:MMP) www.investornewswire.com - September 15 at 9:20 PM
	Stock Tracker: Earnings & Estimates for Magellan Midstream Partners L.P. (NYSE:MMP) (NYSE:MMP) 10thousandcouples.com - September 14 at 6:17 PM
	Magellan Midstream Partners LP (NYSE:MMP) - Cosumnes Connection (subscription) (NYSE:MMP) www.crcconnection.com - September 14 at 10:27 AM
	MAGELLAN 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
	Magellan Midstream Partners L.P. (NYSE:MMP) (NYSE:MMP) 10thousandcouples.com - September 13 at 10:59 AM
	3 Oil Stocks to Buy in September (NYSE:MMP) www.fool.com - September 13 at 10:59 AM
	Stock 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
	Shares Lower Over the Past Quarter: Magellan Midstream Partners LP (NYSE:MMP) - Post News (NYSE:MMP) www.kentuckypostnews.com - September 10 at 5:38 PM
	The 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
	Is 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
	Yorkville 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
	Magellan 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
	MAGELLAN 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
	Magellan Midstream Prices Senior Notes Worth $500 Million (NYSE:MMP) www.zacks.com - September 7 at 9:45 AM
	3:16 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
	Magellan Midstream Prices $500 Million Debt Offering (NYSE:MMP) www.publicnow.com - September 6 at 6:17 PM
	Shares 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
	Returns of Midstream Stocks with High and Low Implied Volatility (NYSE:MMP) marketrealist.com - September 6 at 10:54 AM
	Shares 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
	EQT Midstream Partners: The New Magellan? - Seeking Alpha (NYSE:MMP) seekingalpha.com - September 5 at 5:34 PM
	Magellan Midstream Partners: One Of America's Great Dividend Growth Names Defies The Oil Crash (NYSE:MMP) seekingalpha.com - September 5 at 10:29 AM
	Is Magellan Midstream Partners LP(NYSE: MMP), a large market ... - The Daily Leicester (NYSE:MMP) thedailyleicester.com - September 3 at 10:36 AM
	Insiders Are Selling - Magellan Midstream Partners L.P (NYSE:MMP) - Finance Daily (NYSE:MMP) www.fidaily.com - September 1 at 6:05 PM
	Magellan Midstream to Present at Barclays CEO Energy-Power Conference (NYSE:MMP) finance.yahoo.com - September 1 at 6:05 PM
	3 Reasons Magellan Midstream Partners, L.P. Stock Could Rise (NYSE:MMP) www.fool.com - September 1 at 9:20 AM
	Magellan Midstream Partners L P : Bad gas impacts 2 area retailers (NYSE:MMP) www.4-traders.com - September 1 at 9:19 AM
	Stock 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
	Sell-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
	Magellan Midstream Partners LP Valuation – August 2016 $MMP (NYSE:MMP) www.moderngraham.com - August 29 at 6:04 PM
	How 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
	Magellan Midstream Partners LP (NYSE:MMP): The Buzzing Stock - Stocks Daily (NYSE:MMP) www.stocksdaily.net - August 28 at 5:34 PM
	Beach 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
	4 Safe MLPs Paying Higher Dividends (NYSE:MMP) www.thestreet.com - August 26 at 5:57 PM
	How Enterprise Products Partners’ Yield Compares with Peers (NYSE:MMP) marketrealist.com - August 25 at 11:17 AM
	Magellan Midstream Partners LP (NYSE:MMP) from Oil & Gas Pipelines – Todays Top Gains (NYSE:MMP) twincountynews.com - August 24 at 6:00 PM