OverviewSuggest Edit

Magellan Midstream Partners is a trading company, which is primarily engaged in transportation, storage and distribution of refined petroleum products. 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; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services. It also owns crude oil pipelines, 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. 

TypePublic
Founded2000
HQTulsa, OK, US
Websitemagellanlp.com
Employee Ratings4
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)1,884
Job Openings40
Revenue (FY, 2020)$2.4 B(-11%)
Share Price (Nov 2021)$49.2
Cybersecurity ratingBMore
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Magellan Midstream Partners Office Locations

Magellan Midstream Partners has an office in Tulsa
Tulsa, OK, US (HQ)
BOK Tower, Tulsa, OK 74103, USA
Show all (1)

Magellan Midstream Partners Financials and Metrics

Magellan Midstream Partners Revenue

Magellan Midstream Partners's revenue was reported to be $2.43 b in FY, 2020
USD

Revenue (Q1, 2021)

661.1m

Gross profit (Q1, 2021)

530.5m

Gross profit margin (Q1, 2021), %

80.2%

Net income (Q1, 2021)

221.3m

EBIT (Q1, 2021)

279.5m

Market capitalization (12-Nov-2021)

10.4b

Closing stock price (12-Nov-2021)

49.2

Cash (31-Mar-2021)

4.1m

EV

15.6b
Magellan Midstream Partners's current market capitalization is $10.4 b.
Annual
USDY, 2009FY, 2010Y, 2010Y, 2011FY, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

4.2m7.5m7.5m209.6m209.6m328.3m328.3m25.2m25.2m17.1m17.1m28.7m28.7m14.7m176.1m218.3m58.0m13.0m

Accounts Receivable

92.2m82.5m91.1m116.3m116.3m84.5m84.5m83.9m83.9m105.7m138.8m104.2m125.4m109.1m

Prepaid Expenses

11.8m13.4m23.5m46.7m34.3m43.4m63.4m58.1m40.2m

Inventories

216.4m258.9m187.2m157.8m130.9m134.4m167.4m
Show all financial metrics

Magellan Midstream Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Magellan Midstream Partners Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Magellan Midstream Partners Online and Social Media Presence

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Magellan Midstream Partners Company Culture

  • Overall Culture

    A

    79/100

  • CEO Rating

    A+

    93/100

  • Compensation

    A+

    88/100

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Magellan Midstream Partners News and Updates

Key Factors Supporting Magellan Midstream Partners Stock

Amid the broader momentum observed in oil stocks, Trefis believes that Magellan Midstream Partners (NYSE: MMP) has room for more growth due to relatively flat operating profit margin, negligible property impairments, strong cash generation, a single-digit decline in transportation volumes, and re...

Magellan Midstream Partners Q2 earnings beats expectations

Magellan Midstream Partners LP reported second-quarter profit on Thursday of $214.4 million, up 2 percent from the same period a year ago amid higher demand for crude oil and refined products pipelines.

Magellan Midstream Partners Frequently Asked Questions

  • When was Magellan Midstream Partners founded?

    Magellan Midstream Partners was founded in 2000.

  • How many employees does Magellan Midstream Partners have?

    Magellan Midstream Partners has 1,884 employees.

  • What is Magellan Midstream Partners revenue?

    Latest Magellan Midstream Partners annual revenue is $2.4 b.

  • What is Magellan Midstream Partners revenue per employee?

    Latest Magellan Midstream Partners revenue per employee is $1.3 m.

  • Who are Magellan Midstream Partners competitors?

    Competitors of Magellan Midstream Partners include Global Partners, SemGroup and Buckeye Partners.

  • Where is Magellan Midstream Partners headquarters?

    Magellan Midstream Partners headquarters is located at BOK Tower, Tulsa, OK 74103, USA, Tulsa.

  • Where are Magellan Midstream Partners offices?

    Magellan Midstream Partners has an office in Tulsa.

  • How many offices does Magellan Midstream Partners have?

    Magellan Midstream Partners has 1 office.