Magellan Midstream Partners, L.P. (MMP)
Stock Price Chart
Key Info
| Market Cap | 9.32B |
| Revenue (ttm) | 2.64B |
| Net Income (ttm) | 980.89M |
| Shares Out | 225.06M |
| EPS (ttm) | 4.30 |
| PE Ratio | 9.63 |
| Forward PE | 11.34 |
| Dividend | $4.11 |
| Dividend Yield | 9.93% |
Stock Quote
| Trading Day | Aug 14, 2020 |
| Last Price | $41.41 |
| Previous Close | $41.46 |
| Change ($) | -0.05 |
| Change (%) | -0.12% |
| Day's Open | 41.77 |
| Day's Range | 41.38 - 41.77 |
| Day's Volume | 137,596 |
| 52-Week Range | 22.02 - 67.75 |
More Stats
| Market Cap | 9.32B |
| Enterprise Value | 14.26B |
| Earnings Date (est) | Oct 29, 2020 |
| Ex-Dividend Date | Aug 6, 2020 |
| Shares Outstanding | 225.06M |
| Float | 224.22M |
| EPS (basic) | 4.29 |
| EPS (diluted) | 4.30 |
| FCF / Share | 2.51 |
| Dividend | $4.11 |
| Dividend Yield | 9.93% |
| Earnings Yield | 10.38% |
| FCF Yield | 6.07% |
| Payout Ratio | n/a |
| Shares Short | 5.78M |
| Short Ratio | 4.91 |
| Short % of Float | 2.58% |
| Beta | 1.02 |
| PE Ratio | 9.63 |
| Forward PE | 11.34 |
| P/FCF Ratio | 16.49 |
| PS Ratio | 3.53 |
| PB Ratio | 3.76 |
| Revenue | 2.64B |
| Operating Income | 1.03B |
| Net Income | 980.89M |
| Free Cash Flow | 565.33M |
| Net Cash | -4.95B |
| Net Cash / Share | -21.97 |
| Gross Margin | 55.84% |
| Operating Margin | 38.91% |
| Profit Margin | 37.10% |
| FCF Margin | 21.41% |
| ROA | 7.75% |
| ROE | 38.52% |
| ROIC | n/a |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,728 | 2,827 | 2,508 | 2,205 | 2,188 | 2,360 | 1,948 | 1,772 | 1,749 | 1,557 |
| Revenue Growth | -3.49% | 12.72% | 13.7% | 0.77% | -7.28% | 21.18% | 9.91% | 1.34% | 12.28% | - |
| Gross Profit | 1,475 | 1,473 | 1,294 | 1,183 | 1,218 | 1,265 | 974 | 787 | 736 | 607 |
| Operating Income | 1,064 | 1,367 | 950 | 886 | 901 | 955 | 699 | 549 | 516 | 402 |
| Net Income | 1,021 | 1,334 | 870 | 803 | 819 | 840 | 582 | 436 | 414 | 311 |
| Shares Outstanding | 229 | 228 | 228 | 228 | 228 | 227 | 227 | 226 | 226 | 219 |
| Earnings Per Share | 4.46 | 5.84 | 3.81 | 3.52 | 3.59 | 3.69 | 2.56 | 1.92 | 1.83 | 1.42 |
| EPS Growth | -23.63% | 53.28% | 8.24% | -1.95% | -2.71% | 44.14% | 33.33% | 4.92% | 28.87% | - |
| Dividend Per Share | 4.04 | 3.79 | 3.52 | 3.25 | 2.91 | 2.51 | 2.10 | 1.78 | 1.56 | 1.45 |
| Dividend Growth | 6.41% | 7.64% | 8.57% | 11.36% | 16.28% | 19.5% | 17.54% | 14.65% | 7.02% | - |
| Operating Cash Flow | 1,321 | 1,353 | 1,131 | 973 | 1,070 | 1,107 | 773 | 646 | 577 | 425 |
| Capital Expenditures | -944 | -552 | -559 | -674 | -621 | -363 | -421 | -299 | -198 | -225 |
| Free Cash Flow | 377 | 801 | 573 | 299 | 449 | 744 | 352 | 347 | 380 | 200 |
| Cash & Equivalents | 84.60 | 309 | 176 | 14.70 | 28.73 | 17.06 | 25.24 | 328 | 210 | 21.86 |
| Total Debt | 4,876 | 4,271 | 4,524 | 4,087 | 3,440 | 2,967 | 2,685 | 2,393 | 2,152 | 1,906 |
| Net Cash / Debt | -4,792 | -3,962 | -4,348 | -4,072 | -3,411 | -2,950 | -2,660 | -2,065 | -1,942 | -1,884 |
| Assets | 8,438 | 7,748 | 7,394 | 6,772 | 6,042 | 5,501 | 4,821 | 4,420 | 4,045 | 3,718 |
| Liabilities | 5,723 | 5,104 | 5,265 | 4,680 | 4,020 | 3,633 | 3,173 | 2,904 | 2,582 | 2,248 |
| Book Value | 2,715 | 2,643 | 2,130 | 2,092 | 2,022 | 1,868 | 1,647 | 1,516 | 1,463 | 1,455 |
Company Profile
Company Details
| Full Name | Magellan Midstream Partners, L.P. |
| Country | United States |
| Employees | 1,884 |
| CEO | Michael N. Mears |
Stock Information
| Ticker Symbol | MMP |
| Stock Exchange | New York Stock Exchange |
| Sector | Energy |
| Industry | Oil & Gas Midstream |
| Unique Identifier | NYSE: MMP |
| IPO Date | February 6, 2001 |
Description
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates through Refined Products, Crude Oil, and Marine Storage segments. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent refiners and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, bio-fuel producers, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. The company 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, 2019, it had 9,800-mile refined products pipeline system with 53 terminals, as well as 25 independent terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 35 million barrels; and 6 marine terminals with an aggregate storage capacity of approximately 31 million barrels. Magellan Midstream Partners, L.P. was founded in 2000 and is headquartered in Tulsa, Oklahoma.