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. 

Employee Rating

4.1More
TypePublic
HQTulsa, US
Founded2000
Size (employees)1,802 (est)+4%
Websitemagellanlp.com
Magellan Midstream Partners was founded in 2000 and is headquartered in Tulsa, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Magellan Midstream Partners Office Locations

Magellan Midstream Partners has an office in Tulsa
Tulsa, US (HQ)
One Williams Center
Show all (1)
Report incorrect company information

Magellan Midstream Partners Financials and Metrics

Magellan Midstream Partners Revenue

Magellan Midstream Partners's revenue was reported to be $2.51 b in FY, 2017
USD

Revenue (Q3, 2018)

638.0m

Gross profit (Q3, 2018)

517.5m

Gross profit margin (Q3, 2018), %

81.1%

Net income (Q3, 2018)

594.5m

EBIT (Q3, 2018)

295.6m

Market capitalization (14-Dec-2018)

13.2b

Closing stock price (14-Dec-2018)

58.0

Cash (30-Sep-2018)

217.4m

EV

17.3b
Magellan Midstream Partners's current market capitalization is $13.2 b.
Annual
usdFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.6b1.7b1.8b1.9b2.3b2.2b2.2b2.5b

Revenue growth, %

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

Cost of goods sold

447.3m493.3m635.6m

Gross profit

1.7b1.7b1.9b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

487.5m577.2m519.8m518.9m551.8m642.1m619.4m572.8m678.8m644.1m638.0m

Cost of goods sold

94.5m85.5m113.6m95.7m118.2m172.9m146.0m121.8m199.6m153.7m120.5m

Gross profit

393.0m491.7m406.2m423.2m433.5m469.2m473.5m451.0m479.2m490.4m517.5m

Gross profit Margin, %

81%85%78%82%79%73%76%79%71%76%81%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013FY, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017

Cash

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

Accounts Receivable

116.3m84.5m83.9m105.7m

Inventories

187.2m187.2m157.8m130.9m130.9m134.4m182.3m

Current Assets

396.7m396.7m402.7m338.9m338.9m370.4m611.8m
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

582.2m252.1m819.1m802.8m

Depreciation and Amortization

166.8m178.1m

Inventories

37.0k

Accounts Payable

20.2k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

392.2m242.6m388.8m587.4m183.6m361.0m612.0m207.1m394.9m589.5m222.7m433.1m631.6m210.9m425.3m1.0b

Depreciation and Amortization

105.8m37.5m122.5m41.7m82.1m124.2m43.8m87.1m134.1m47.3m96.2m146.1m51.9m105.5m161.7m

Inventories

13.4m(23.0m)(1.7m)(15.3m)(3.2m)(2.2m)22.6m(1.2m)(25.6m)7.9m(12.0m)14.9m(34.4m)(13.6m)(1.2m)3.0m

Accounts Payable

956.0k3.0m486.0k6.5m(4.4m)8.4m12.2m1.1m9.1m5.9m7.3m13.1m15.6m19.5m18.8m27.5m
USDY, 2018

EV/EBIT

58.5 x

EV/CFO

20 x

Debt/Assets

0.6 x
Show all financial metrics
Report incorrect company information

Magellan Midstream Partners Online and Social Media Presence

Embed Graph
Report incorrect company information

Magellan Midstream Partners News and Updates

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.
Report incorrect company information

Magellan Midstream Partners Company Life and Culture

Report incorrect company information

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 1,802 employees.

  • What is Magellan Midstream Partners revenue?

    Latest Magellan Midstream Partners annual revenue is $2.5 b.

  • What is Magellan Midstream Partners revenue per employee?

    Latest Magellan Midstream Partners revenue per employee is $1.4 m.

  • Who are Magellan Midstream Partners competitors?

    Competitors of Magellan Midstream Partners include SemGroup, Energy Transfer Equity and Nustar GP Holdings.

  • Where is Magellan Midstream Partners headquarters?

    Magellan Midstream Partners headquarters is located at One Williams Center, 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.