Magellan Midstream Partners

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates through Refined Products, Crude Oil, and Marine Storage segments. The company operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; leases pipeline and storage tank capacity to shippers; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services. It also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners, marketers, traders, and other end users of petroleum products. As of December 31, 2015, the company had 9,500-mile refined products pipeline system with 52 terminals, as well as 28 independent terminals; 1,100-mile ammonia pipeline system; approximately 1,700 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 22 million barrels; and 5 marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels.

Type
Public
HQ
Tulsa, US
Founded
2000
Size (employees)
1,747 (est)+7%
Magellan Midstream Partners was founded in 2000 and is headquartered in Tulsa, US

Magellan Midstream Partners Office Locations

Magellan Midstream Partners has an office in Tulsa
Tulsa, US (HQ)
1 One Williams Center

Magellan Midstream Partners Metrics

Magellan Midstream Partners Financial Metrics

Revenue (2016)

$2.2 b

Revenue growth (2015-16), %

1%

Gross profit

$1.7 b

Gross profit margin (2016), %

78%

Net income (2016)

$806 m

Market capitalization (28-Apr-2017)

$16.9 b

Closing share price (28-Apr-2017)

$74.7

Cash (31-Dec-2016)

$14.7 m
Magellan Midstream Partners's current market capitalization is $16.9 b.
Magellan Midstream Partners's revenue was reported to be $2.2 b in FY, 2016 which is a 1% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$1.6 b$1.7 b$1.8 b$1.9 b$2.3 b$2.2 b$2.2 b

Revenue growth, %

12%1%7%21%(5%)1%

Cost of goods sold

$447.3 m$493.3 m

Gross profit

$1.7 b$1.7 b

Gross profit Margin, %

80%78%

Operating expense total

$1.3 b$1.3 b

Depreciation and amortization

$121.2 m$128 m$142.2 m$161.7 m$166.8 m

EBIT

$698.8 m$954.8 m$897.1 m$935.1 m

EBIT margin, %

37%41%41%42%

Interest expense

$158.9 m$194.2 m

Interest income

$1.3 m$1.4 m

Pre tax profit

$821.5 m$806 m

Income tax expense

$2.3 m$3.2 m

Net Income

$586.9 m$844.1 m$821.5 m$806 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$4.2 m$7.5 m$209.6 m$328.3 m$25.2 m$17.1 m$28.7 m$14.7 m

Accounts Receivable

$116.3 m$84.5 m$83.9 m$105.7 m

Inventories

$187.2 m$157.8 m$130.9 m$134.4 m

Current Assets

$396.7 m$402.7 m$338.9 m$370.4 m

Goodwill

$53.3 m$53.3 m$53.3 m$53.3 m

Total Assets

$4.8 b$5.5 b$6 b$6.8 b

Accounts Payable

$76.3 m$97.1 m$104.1 m$77.2 m

Total Debt

$2.7 b$3.4 b

Current Liabilities

$638.3 m$536.2 m$713.1 m$481.7 m

Debt to Assets Ratio

0.6 x0.6 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$582.2 m$252.1 m$819.1 m$802.8 m

Depreciation and Amortization

$166.8 m$178.1 m

Accounts Receivable

Inventories

$37 k

Accounts Payable

$20.2 k

Cash From Operating Activities

($303 m)($8.2 m)$11.7 m

Magellan Midstream Partners Market Value History

Magellan Midstream Partners News

Magellan Midstream Partners Company Life

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