Trade

with

Magellan Midstream Partners, L.P.
(NYSE: MMP)
AdChoices
80.63
-0.63
-0.78%
After Hours :
80.63
0.00
0.00%

Open

81.26

Previous Close

81.26

Volume (Avg)

794.33k (700.58k)

Day's Range

80.03-81.94

52Wk Range

58.11-87.50

Market Cap.

18.31B

Dividend Rate (Yield )

- (2.94%)

Beta

0.49

Shares Outstanding

227.07M

P/E Ratio (EPS)

26.04 (3.10)

AdChoices
Financials
  • Income Statement
  • Balance Sheet
  • Cash Flow
Operating Income
705.06M
Operating Margin
37.16
Total Equity
-
Retained Earnings
-
Free Cashflow
-
Price/Cashflow
-
Ownership

Institutional Ownership

64.40%

Top 10 Institutions

30.19%

Mutual Fund Ownership

18.72%

Float

99.68%

5% / Insider Ownership

0.41%

Corporate insiders or major stockholders reporting trading activity in the stock.

Top Mutual Fund Owners

Top Institutional Owners

Mutual Fund Name

Institution Name

  • Mutual Fund Name

  • Shares Held

  • % Change

  • % Outstanding

  • Alerian MLP ETF

  •  

    9,340,920

  • 10.79

  • 4.11

  • Oppenheimer SteelPath MLP Alpha Fund

  •  

    4,855,725

  • 46.19

  • 2.14

  • Tortoise Energy Infrastructure Corp.

  •  

    3,227,500

  • 0.00

  • 1.42

  • Kayne Anderson MLP

  •  

    2,943,000

  • 3.26

  • 1.30

  • ClearBridge Energy MLP

  •  

    2,363,580

  • 0.00

  • 1.04

  • Oppenheimer SteelPath MLP Select 40

  •  

    1,564,317

  • 0.00

  • 0.69

  • Fiduciary-Claymore MLP Opportunity

  •  

    1,219,387

  • 0.00

  • 0.54

  • Goldman Sachs MLP Energy Infras Fd

  •  

    1,171,000

  • 19.80

  • 0.52

  • First Trust Energy Income And Growth

  •  

    1,139,654

  • 0.00

  • 0.50

  • Nuveen Energy MLP Total Return Fund

  •  

    1,069,451

  • 0.00

  • 0.47

  • Institution Name

  • Shares Held

  • % Change

  • % Outstanding

  • Tortoise Capital Advisors, LLC

  •  

    16,370,099

  • +0.72%

  • 7.21

  • Goldman Sachs Asset Management, L.P.

  •  

    9,635,464

  • +5.50%

  • 4.24

  • ALPS Advisors, Inc.

  •  

    8,266,775

  • -2.65%

  • 3.64

  • OFI SteelPath, Inc.

  •  

    6,900,160

  • +33.03%

  • 3.04

  • OppenheimerFunds, Inc.

  •  

    5,795,447

  • +10.56%

  • 2.55

  • Kayne Anderson Capital Advisors LP

  •  

    4,926,315

  • -1.59%

  • 2.17

  • J.P.Morgan Securities Inc.

  •  

    4,582,296

  • -8.25%

  • 2.02

  • ClearBridge Advisors, LLC

  •  

    4,146,442

  • -2.95%

  • 1.83

  • UBS Financial Services Inc.

  •  

    4,096,935

  • +1.30%

  • 1.80

  • Harvest Fund Advisors LLC

  •  

    3,847,985

  • +0.68%

  • 1.69

Company Profile

Sector

Energy

Industry

Oil & Gas Midstream

Type

Hard Assets

Style

Large Growth

Magellan Midstream Partners, L.P., was incorporated in Delaware as a limited partnership company on August 2000. Magellan GP, LLC, a wholly-owned Delaware limited liability company, serves as its general partner. The Company is engag...moreed in the transportation, storage and distribution of refined petroleum products. The Company operates in three segments namely refined products segment, crude oil segment and marine storage segment. The refined products segment includes 9,500-mile refined products pipeline system with 53 terminals as well as 27 independent terminals not connected to its pipeline system and its 1,100-mile ammonia pipeline system. The crude oil segment is comprised of approximately 1,100 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximatel...morey 18 million barrels, of which 12 million is used for leased storage; and marine storage segment consists of marine terminals located along coastal waterways with an aggregate storage capacity of approximately 27 million barrels. The refined products pipeline covers a 15-state area from the Gulf Coast across the central U.S. Its products transported on pipeline are gasoline, distillates, aviation fuels and liquefied petroleum gases. Product originates on its pipeline from direct connections to refineries, at its terminals and through interconnections with other interstate pipelines for transportation and ultimate distribution to retail gasoline stations, truck stops, railroads, airports and other end users. The Company’s blending activities involve purchasing liquefied petroleum gases and blending them into gasoline, which creates gasoline available for the Company to sell. Its fractionation activities include two fractionators along its pipeline system that separate transmix, an unusable mixture of various petroleum products, into gasoline and diesel fuel. Its 27 independent terminals are part of a distribution network located principally throughout the southeastern U.S. It faces competition from other pipelines and terminals in the same markets as its assets.lessless

Key People

Mr. Michael N. Mears

CEO/Chairman of the Board/Director/President

Mr. Michael Osborne

Senior VP/CFO

Mr. James C. Kempner

Director

Mr. James R. Montague

Director

Mr. Barry R. Pearl

Director

Incorporated

2000

Employees

-

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