Magellan Midstream Partners LP (NYSE:MMP)

70.76
Delayed Data
As of 3:58pm ET
 -2.62 / -3.57%
Today’s Change
66.36
Today|||52-Week Range
90.08
-14.40%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Oil & Gas Pipelines
MARKET CAP
$16.7B

Company Description

Magellan Midstream Partners LP is engaged in the transportation, storage and distribution of petroleum products, such as gasoline, diesel fuel and crude oil. The company operates through three segments: Refined Products, Crude Pipeline and Marine Storage. The refined products segment is comprised of its 9,500-mile refined products pipeline system with 53 terminals as well as 27 independent terminals not connected to the pipeline system and its 1,100-mile ammonia pipeline system. The crude oil segment comprises approximately 1,600 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 21 million barrels, of which 12 million is used for leased storage. The marine storage segment consisting of five marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels. Magellan Midstream Partners was founded in August 2000 and is headquartered in Tulsa, OK.

Contact Information

Magellan Midstream Partners LP
One Williams Center
Tulsa Oklahoma 74172
P:(918) 574-7000
Investor Relations:
(918) 574-7650

Employees

Shareholders

Other institutional45.22%
Mutual fund holders19.82%
Individual stakeholders0.87%

Top Executives

Michael N. MearsChairman, President & Chief Executive Officer
Larry J. DaviedSenior VP-Operations & Technical Services
Aaron L. MilfordChief Financial Officer & Senior Vice President
Douglas J. MaySVP, General Counsel, Compliance & Ethics Officer
Lisa J. KornerSenior VP-Human Resources & Administration

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