Craft

Magellan Midstream Partners

Stock Price

$69

2023-09-22

Market Capitalization

$13.9 B

2023-09-22

Revenue

$3.2 B

FY, 2022

Magellan Midstream Partners Summary

Company Summary

Overview
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. 
Type
Public
Status
Active
Founded
2000
HQ
Tulsa, OK, US | view all locations
Website
https://www.magellanlp.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

LocationsView all

1 location detected

  • Tulsa, OK HQ

    United States

    BOK Tower, Tulsa, OK 74103, USA

Magellan Midstream Partners Financials

Summary Financials

Revenue (Q2, 2023)
$877.2M
Gross profit (Q2, 2023)
$707.1M
Net income (Q2, 2023)
$238.7M
Cash (Q2, 2023)
$128.4M
EBIT (Q2, 2023)
$295.0M
Enterprise value
$18.8B

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