Magellan Midstream Partners, L.P Key Executives
This section highlights Magellan Midstream Partners, L.P's key executives, including their titles and compensation details.
Find Contacts at Magellan Midstream Partners, L.P
(Showing 0 of )
Magellan Midstream Partners, L.P Earnings
This section highlights Magellan Midstream Partners, L.P's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
---|---|---|---|---|---|
Read Transcript | Q2 | 2023 | 2023-08-03 | $1.11 | $1.18 |
Read Transcript | Q1 | 2023 | 2023-05-04 | $1.19 | $1.34 |
Financial Statements
Access annual & quarterly financial statements for Magellan Midstream Partners, L.P, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
---|---|---|---|---|---|
Revenue | $3.20B | $2.73B | $2.43B | $2.73B | $2.83B |
Cost of Revenue | $1.41B | $1.01B | $772.39M | $865.41M | $969.39M |
Gross Profit | $1.79B | $1.73B | $1.66B | $1.86B | $1.86B |
Gross Profit Ratio | 55.87% | 63.10% | 68.19% | 68.28% | 65.70% |
Research and Development Expenses | $- | $- | $- | $- | $- |
General and Administrative Expenses | $240.70M | $206.30M | $173.48M | $196.65M | $194.28M |
Selling and Marketing Expenses | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $240.70M | $206.30M | $173.48M | $196.65M | $194.28M |
Other Expenses | $586.80M | $566.90M | $601.26M | $631.11M | $-13.87M |
Operating Expenses | $827.50M | $773.20M | $774.74M | $827.76M | $843.72M |
Cost and Expenses | $2.24B | $1.78B | $1.55B | $1.69B | $1.81B |
Interest Income | $1.20M | $500.00K | $1.04M | $3.29M | $3.01M |
Interest Expense | $228.00M | $226.40M | $222.86M | $201.84M | $203.52M |
Depreciation and Amortization | $292.80M | $227.90M | $258.68M | $246.13M | $265.08M |
EBITDA | $1.09B | $1.09B | $1.03B | $1.20B | $1.18B |
EBITDA Ratio | 34.03% | 39.74% | 42.42% | 43.81% | 41.88% |
Operating Income | $796.20M | $858.10M | $771.20M | $949.02M | $1.19B |
Operating Income Ratio | 24.88% | 31.40% | 31.77% | 34.79% | 42.26% |
Total Other Income Expenses Net | $-246.20M | $-171.80M | $-214.10M | $-181.42M | $139.41M |
Income Before Tax | $861.90M | $934.60M | $819.90M | $1.02B | $1.33B |
Income Before Tax Ratio | 26.93% | 34.20% | 33.77% | 37.48% | 47.19% |
Income Tax Expense | $2.70M | $2.30M | $2.93M | $1.44M | $71.00K |
Net Income | $1.04B | $982.00M | $816.97M | $1.02B | $1.33B |
Net Income Ratio | 32.38% | 35.93% | 33.65% | 37.42% | 47.19% |
EPS | $4.95 | $4.47 | $3.62 | $4.46 | $5.84 |
EPS Diluted | $4.95 | $4.47 | $3.62 | $4.46 | $5.84 |
Weighted Average Shares Outstanding | 209.40M | 219.60M | 225.50M | 228.70M | 228.38M |
Weighted Average Shares Outstanding Diluted | 209.60M | 219.80M | 225.50M | 228.80M | 228.57M |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018 | September 30, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $877.20M | $869.70M | $861.00M | $876.10M | $788.60M | $674.70M | $809.30M | $639.05M | $653.64M | $661.07M | $586.32M | $598.26M | $460.41M | $782.81M | $740.68M | $656.60M | $701.70M | $628.93M | $865.68M | $638.02M |
Cost of Revenue | $353.00M | $375.90M | $443.50M | $326.50M | $341.10M | $301.10M | $350.90M | $207.26M | $224.06M | $243.00M | $182.63M | $167.94M | $109.05M | $312.77M | $253.66M | $165.38M | $215.41M | $230.97M | $333.88M | $176.74M |
Gross Profit | $524.20M | $493.80M | $417.50M | $549.60M | $447.50M | $373.60M | $458.40M | $431.80M | $429.59M | $418.08M | $403.69M | $430.32M | $351.36M | $470.04M | $487.02M | $491.21M | $486.29M | $397.97M | $531.80M | $461.28M |
Gross Profit Ratio | 59.80% | 56.80% | 48.50% | 62.70% | 56.70% | 55.40% | 56.60% | 67.60% | 65.70% | 63.20% | 68.85% | 71.93% | 76.31% | 60.05% | 65.75% | 74.81% | 69.30% | 63.28% | 61.43% | 72.30% |
Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
General and Administrative Expenses | $74.50M | $60.40M | $63.00M | $58.00M | $56.90M | $62.80M | $57.70M | $46.63M | $56.09M | $46.58M | $56.39M | $38.02M | $42.17M | $36.91M | $47.12M | $51.16M | $52.38M | $45.99M | $47.05M | $47.39M |
Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $74.50M | $60.40M | $63.00M | $58.00M | $56.90M | $62.80M | $57.70M | $46.63M | $56.09M | $46.58M | $56.39M | $38.02M | $42.17M | $36.91M | $47.12M | $51.16M | $52.38M | $45.99M | $47.05M | $47.39M |
Other Expenses | $-1.00M | $128.10M | $146.50M | $137.00M | $177.10M | $-600.00K | $-2.80M | $-2.22M | $-14.83M | $-1.06M | $-1.46M | $-1.46M | $-1.45M | $-807.00K | $-2.61M | $-2.60M | $-4.57M | $-2.05M | $-3.57M | $-1.69M |
Operating Expenses | $245.10M | $188.50M | $209.50M | $195.00M | $234.00M | $189.00M | $205.80M | $190.60M | $203.30M | $177.65M | $200.59M | $202.86M | $184.36M | $186.93M | $195.42M | $220.92M | $226.34M | $185.08M | $221.23M | $219.50M |
Cost and Expenses | $598.10M | $564.40M | $653.00M | $521.50M | $575.10M | $490.10M | $556.70M | $397.85M | $427.36M | $420.64M | $383.22M | $370.80M | $293.41M | $499.70M | $449.08M | $386.31M | $441.74M | $416.04M | $555.11M | $396.24M |
Interest Income | $1.50M | $1.00M | $600.00K | $300.00K | $200.00K | $100.00K | $100.00K | $138.00K | $148.00K | $153.00K | $134.00K | $260.00K | $223.00K | $420.00K | $639.00K | $648.00K | $338.00K | $1.66M | $1.55M | $501.00K |
Interest Expense | $56.30M | $57.10M | $56.80M | $56.80M | $57.50M | $56.90M | $56.60M | $56.70M | $56.56M | $56.47M | $53.94M | $52.94M | $65.03M | $50.95M | $50.94M | $47.92M | $46.27M | $56.71M | $48.34M | $52.03M |
Depreciation and Amortization | $57.20M | $400.00K | $118.40M | $47.50M | $58.40M | $57.70M | $59.60M | $61.40M | $48.77M | $58.13M | $64.78M | $71.82M | $58.54M | $63.53M | $65.11M | $56.63M | $62.53M | $61.87M | $103.35M | $56.23M |
EBITDA | $295.50M | $331.90M | $243.90M | $443.90M | $298.40M | $277.20M | $288.20M | $336.98M | $300.97M | $336.71M | $238.63M | $337.22M | $199.46M | $389.92M | $336.37M | $375.15M | $359.04M | $305.63M | $358.83M | $350.61M |
EBITDA Ratio | 33.69% | 38.16% | 28.33% | 50.67% | 37.84% | 41.08% | 35.61% | 52.73% | 46.05% | 50.93% | 40.70% | 56.37% | 43.32% | 49.81% | 45.41% | 57.14% | 51.17% | 48.59% | 41.45% | 54.95% |
Operating Income | $295.00M | $331.50M | $125.50M | $396.40M | $240.00M | $220.00M | $290.90M | $277.67M | $266.88M | $279.48M | $239.95M | $266.60M | $200.69M | $326.77M | $338.34M | $320.48M | $300.74M | $244.15M | $360.85M | $295.57M |
Operating Income Ratio | 33.63% | 38.12% | 14.58% | 45.25% | 30.43% | 32.61% | 35.94% | 43.45% | 40.83% | 42.28% | 40.92% | 44.56% | 43.59% | 41.74% | 45.68% | 48.81% | 42.86% | 38.82% | 41.68% | 46.33% |
Total Other Income Expenses Net | $-54.70M | $-56.70M | $-64.00M | $-67.10M | $-57.90M | $-57.20M | $52.63M | $-55.56M | $-1.54M | $-57.38M | $147.12M | $-54.13M | $-66.25M | $-38.45M | $-52.91M | $-47.34M | $-45.86M | $-35.31M | $91.51M | $300.57M |
Income Before Tax | $240.30M | $274.80M | $187.70M | $329.30M | $182.10M | $162.80M | $233.70M | $222.11M | $265.33M | $222.11M | $184.69M | $212.46M | $134.43M | $288.32M | $285.43M | $273.14M | $254.88M | $208.83M | $310.48M | $596.14M |
Income Before Tax Ratio | 27.39% | 31.60% | 21.80% | 37.59% | 23.09% | 24.13% | 28.88% | 34.76% | 40.59% | 33.60% | 31.50% | 35.51% | 29.20% | 36.83% | 38.54% | 41.60% | 36.32% | 33.20% | 35.87% | 93.44% |
Income Tax Expense | $1.60M | $900.00K | $700.00K | $900.00K | $300.00K | $800.00K | $300.00K | $821.00K | $434.00K | $789.00K | $765.00K | $824.00K | $589.00K | $756.00K | $-1.01M | $100.00K | $1.18M | $1.17M | $-3.59M | $1.61M |
Net Income | $238.70M | $273.90M | $187.00M | $330.00M | $181.80M | $165.50M | $243.70M | $236.60M | $280.42M | $221.32M | $183.92M | $211.64M | $133.84M | $287.56M | $286.44M | $273.04M | $253.70M | $207.66M | $314.07M | $594.53M |
Net Income Ratio | 27.21% | 31.49% | 21.72% | 37.67% | 23.05% | 24.53% | 30.11% | 37.02% | 42.90% | 33.48% | 31.37% | 35.38% | 29.07% | 36.74% | 38.67% | 41.58% | 36.16% | 33.02% | 36.28% | 93.18% |
EPS | $1.18 | $1.34 | $0.91 | $1.59 | $0.86 | $0.78 | $1.14 | $1.08 | $1.26 | $0.99 | $0.82 | $0.94 | $0.59 | $1.26 | $1.25 | $1.19 | $1.11 | $0.91 | $1.38 | $2.60 |
EPS Diluted | $1.18 | $1.34 | $0.91 | $1.59 | $0.86 | $0.78 | $1.14 | $1.08 | $1.26 | $0.99 | $0.82 | $0.94 | $0.59 | $1.26 | $1.25 | $1.19 | $1.11 | $0.91 | $1.37 | $2.60 |
Weighted Average Shares Outstanding | 202.90M | 204.00M | 205.50M | 207.50M | 211.60M | 212.90M | 213.49M | 218.64M | 222.70M | 223.60M | 223.87M | 225.22M | 225.35M | 227.57M | 228.87M | 228.72M | 228.65M | 228.56M | 228.40M | 228.40M |
Weighted Average Shares Outstanding Diluted | 203.10M | 204.00M | 206.10M | 207.60M | 211.70M | 212.90M | 214.01M | 218.79M | 222.90M | 223.60M | 223.87M | 225.22M | 225.35M | 227.57M | 229.20M | 228.75M | 228.69M | 228.56M | 229.05M | 228.45M |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $2.00M | $2.00M | $13.04M | $58.03M | $218.28M |
Short Term Investments | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $2.00M | $2.00M | $13.04M | $58.03M | $218.28M |
Net Receivables | $264.30M | $169.80M | $146.21M | $149.33M | $129.17M |
Inventory | $356.20M | $281.10M | $167.39M | $184.40M | $185.74M |
Other Current Assets | $88.00M | $390.30M | $78.56M | $67.65M | $113.15M |
Total Current Assets | $710.50M | $843.20M | $405.19M | $459.41M | $646.34M |
Property Plant Equipment Net | $5.98B | $6.08B | $6.43B | $6.58B | $5.80B |
Goodwill | $50.40M | $50.10M | $52.83M | $53.26M | $53.26M |
Intangible Assets | $41.00M | $43.20M | $44.92M | $47.90M | $51.17M |
Goodwill and Intangible Assets | $91.40M | $93.30M | $97.75M | $101.16M | $104.43M |
Long Term Investments | $894.00M | $980.80M | $1.21B | $1.24B | $1.08B |
Tax Assets | $- | $10.10M | $22.75M | $20.78M | $20.84M |
Other Non-Current Assets | $32.10M | $23.70M | $29.65M | $39.93M | $101.43M |
Total Non-Current Assets | $7.00B | $7.19B | $7.79B | $7.98B | $7.10B |
Other Assets | $- | $- | $- | $- | $- |
Total Assets | $7.71B | $8.03B | $8.20B | $8.44B | $7.75B |
Account Payables | $108.20M | $109.50M | $100.02M | $150.99M | $138.74M |
Short Term Debt | $31.00M | $25.80M | $27.53M | $26.22M | $59.49M |
Tax Payables | $86.00M | $76.50M | $68.31M | $66.01M | $53.09M |
Deferred Revenue | $103.90M | $92.50M | $98.90M | $109.65M | $121.08M |
Other Current Liabilities | $396.40M | $375.30M | $263.81M | $314.00M | $304.15M |
Total Current Liabilities | $725.50M | $679.60M | $558.57M | $666.88M | $676.56M |
Long Term Debt | $5.13B | $5.24B | $5.12B | $4.85B | $4.21B |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $165.40M | $214.50M | $218.43M | $205.73M | $216.17M |
Total Non-Current Liabilities | $5.30B | $5.45B | $5.33B | $5.06B | $4.43B |
Other Liabilities | $- | $- | $- | $- | $- |
Total Liabilities | $6.02B | $6.13B | $5.89B | $5.72B | $5.10B |
Preferred Stock | $- | $- | $- | $- | $- |
Common Stock | $- | $- | $- | $- | $- |
Retained Earnings | $- | $- | $- | $- | $- |
Accumulated Other Comprehensive Income Loss | $-93.90M | $-155.00M | $-183.19M | $-162.08M | $-120.49M |
Other Total Stockholders Equity | $93.90M | $155.00M | $183.19M | $162.08M | $2.76B |
Total Stockholders Equity | $-93.90M | $-155.00M | $-183.19M | $-162.08M | $2.64B |
Total Equity | $-93.90M | $-155.00M | $-183.19M | $-162.08M | $2.64B |
Total Liabilities and Stockholders Equity | $6.02B | $6.13B | $5.89B | $5.72B | $5.10B |
Minority Interest | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $6.02B | $6.13B | $5.89B | $5.72B | $5.10B |
Total Investments | $894.00M | $980.80M | $1.21B | $1.24B | $1.08B |
Total Debt | $5.16B | $5.26B | $5.14B | $4.88B | $4.27B |
Net Debt | $5.16B | $5.26B | $5.13B | $4.82B | $4.05B |
Balance Sheet Charts
Breakdown | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018 | September 30, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $128.40M | $7.40M | $2.00M | $8.10M | $4.60M | $4.60M | $2.00M | $12.59M | $257.97M | $4.07M | $13.04M | $8.54M | $2.86M | $139.25M | $58.03M | $135.49M | $3.07M | $13.50M | $218.28M | $217.42M |
Short Term Investments | $- | $11.90M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $128.40M | $7.40M | $2.00M | $8.10M | $4.60M | $4.60M | $2.00M | $12.59M | $257.97M | $4.07M | $13.04M | $8.54M | $2.86M | $139.25M | $58.03M | $135.49M | $3.07M | $13.50M | $218.28M | $217.42M |
Net Receivables | $204.30M | $195.80M | $264.30M | $223.40M | $179.80M | $164.80M | $169.80M | $168.02M | $173.14M | $178.30M | $146.21M | $136.79M | $111.64M | $115.04M | $149.33M | $154.12M | $164.93M | $166.06M | $129.17M | $161.64M |
Inventory | $330.10M | $326.60M | $356.20M | $348.80M | $329.00M | $308.20M | $281.10M | $222.57M | $216.91M | $212.77M | $167.39M | $129.03M | $116.38M | $71.15M | $184.40M | $205.95M | $172.91M | $195.05M | $185.74M | $179.37M |
Other Current Assets | $74.50M | $69.00M | $88.00M | $137.30M | $156.10M | $473.60M | $390.30M | $396.12M | $374.26M | $83.00M | $78.56M | $66.88M | $86.35M | $101.54M | $67.65M | $72.28M | $66.11M | $63.59M | $113.15M | $113.58M |
Total Current Assets | $737.30M | $598.80M | $710.50M | $717.60M | $669.50M | $951.20M | $843.20M | $799.30M | $1.02B | $478.14M | $405.19M | $341.24M | $317.24M | $426.99M | $459.41M | $567.84M | $407.02M | $438.19M | $646.34M | $672.01M |
Property Plant Equipment Net | $5.92B | $5.96B | $5.98B | $6.01B | $6.03B | $6.05B | $6.08B | $6.11B | $6.13B | $6.42B | $6.43B | $6.44B | $6.43B | $6.41B | $6.58B | $6.43B | $6.26B | $6.10B | $5.80B | $5.73B |
Goodwill | $50.40M | $50.40M | $50.40M | $50.40M | $50.40M | $50.10M | $50.10M | $50.12M | $50.12M | $52.83M | $52.83M | $52.83M | $52.83M | $52.83M | $53.26M | $53.26M | $53.26M | $53.26M | $53.26M | $53.26M |
Intangible Assets | $39.60M | $40.30M | $41.00M | $41.70M | $42.40M | $42.50M | $43.20M | $42.97M | $43.62M | $44.27M | $44.92M | $45.58M | $46.56M | $47.23M | $47.90M | $48.56M | $49.23M | $49.90M | $51.17M | $51.66M |
Goodwill and Intangible Assets | $90.00M | $90.70M | $91.40M | $92.10M | $92.80M | $92.60M | $93.30M | $93.09M | $93.74M | $97.10M | $97.75M | $98.41M | $99.39M | $100.06M | $101.16M | $101.83M | $102.49M | $103.16M | $104.43M | $104.92M |
Long Term Investments | $859.30M | $882.10M | $894.00M | $961.90M | $965.10M | $978.60M | $980.80M | $993.29M | $1.00B | $1.20B | $1.21B | $1.21B | $1.21B | $1.19B | $1.24B | $1.21B | $1.17B | $1.13B | $1.08B | $1.01B |
Tax Assets | $8.10M | $- | $- | $- | $- | $9.80M | $10.10M | $22.77M | $20.88M | $21.59M | $22.75M | $21.85M | $21.52M | $21.41M | $20.78M | $20.79M | $21.30M | $20.65M | $20.84M | $23.52M |
Other Non-Current Assets | $12.90M | $32.00M | $32.10M | $35.10M | $32.80M | $24.00M | $33.80M | $48.16M | $47.25M | $48.81M | $52.41M | $54.34M | $49.99M | $54.83M | $60.71M | $89.53M | $73.90M | $76.88M | $122.27M | $78.41M |
Total Non-Current Assets | $6.89B | $6.97B | $7.00B | $7.10B | $7.12B | $7.16B | $7.19B | $7.25B | $7.27B | $7.77B | $7.79B | $7.80B | $7.79B | $7.76B | $7.98B | $7.82B | $7.60B | $7.41B | $7.10B | $6.92B |
Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $7.63B | $7.57B | $7.71B | $7.81B | $7.79B | $8.11B | $8.03B | $8.05B | $8.29B | $8.25B | $8.20B | $8.14B | $8.10B | $8.19B | $8.44B | $8.39B | $8.01B | $7.84B | $7.75B | $7.60B |
Account Payables | $137.70M | $126.90M | $108.20M | $134.40M | $138.80M | $98.00M | $109.50M | $129.09M | $122.71M | $102.20M | $100.02M | $124.61M | $119.68M | $147.89M | $150.99M | $205.41M | $179.73M | $192.97M | $138.74M | $137.17M |
Short Term Debt | $21.30M | $31.10M | $31.00M | $30.80M | $30.80M | $30.70M | $25.80M | $25.62M | $25.73M | $26.66M | $27.53M | $27.18M | $27.25M | $577.65M | $26.22M | $23.00M | $22.48M | $23.26M | $59.49M | $552.90M |
Tax Payables | $65.30M | $56.60M | $86.00M | $81.10M | $63.60M | $51.70M | $76.50M | $68.74M | $52.36M | $48.48M | $68.31M | $65.28M | $51.66M | $46.51M | $66.01M | $63.38M | $48.15M | $41.07M | $53.09M | $52.31M |
Deferred Revenue | $94.10M | $109.60M | $103.90M | $102.20M | $85.90M | $106.40M | $92.50M | $101.80M | $101.50M | $98.71M | $98.90M | $92.23M | $105.67M | $113.31M | $109.65M | $107.85M | $111.90M | $118.69M | $121.08M | $121.25M |
Other Current Liabilities | $362.70M | $293.90M | $396.40M | $368.30M | $369.70M | $349.00M | $375.30M | $332.05M | $339.71M | $284.71M | $263.81M | $222.32M | $216.89M | $254.28M | $314.00M | $281.01M | $256.02M | $247.37M | $304.15M | $263.44M |
Total Current Liabilities | $681.10M | $618.10M | $725.50M | $716.80M | $688.80M | $635.80M | $679.60M | $657.29M | $642.02M | $560.76M | $558.57M | $531.62M | $521.15M | $1.14B | $666.88M | $680.64M | $618.27M | $623.37M | $676.56M | $1.13B |
Long Term Debt | $5.06B | $5.10B | $5.13B | $5.13B | $5.14B | $5.46B | $5.24B | $5.25B | $5.14B | $5.16B | $5.12B | $5.02B | $4.93B | $4.29B | $4.85B | $4.84B | $4.55B | $4.43B | $4.21B | $3.72B |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $172.80M | $171.80M | $165.40M | $213.90M | $209.00M | $216.80M | $214.50M | $220.54M | $220.58M | $225.47M | $218.43M | $198.06M | $202.18M | $207.03M | $205.73M | $195.62M | $194.87M | $176.65M | $216.17M | $202.58M |
Total Non-Current Liabilities | $5.23B | $5.27B | $5.30B | $5.35B | $5.34B | $5.67B | $5.45B | $5.48B | $5.36B | $5.39B | $5.33B | $5.22B | $5.13B | $4.50B | $5.06B | $5.04B | $4.75B | $4.60B | $4.43B | $3.92B |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $5.91B | $5.89B | $6.02B | $6.06B | $6.03B | $6.31B | $6.13B | $6.13B | $6.01B | $5.95B | $5.89B | $5.75B | $5.65B | $5.64B | $5.72B | $5.72B | $5.37B | $5.23B | $5.10B | $5.05B |
Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Retained Earnings | $- | $- | $- | $- | $573.40M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Accumulated Other Comprehensive Income Loss | $-93.90M | $-92.60M | $-93.90M | $-141.20M | $-149.80M | $-152.90M | $-155.00M | $-162.58M | $-166.15M | $-180.66M | $-183.19M | $-163.30M | $-165.63M | $-169.77M | $-162.08M | $-147.94M | $-136.27M | $-122.94M | $-120.49M | $-118.20M |
Other Total Stockholders Equity | $93.90M | $1.94B | $93.90M | $141.20M | $-423.60M | $152.90M | $155.00M | $162.58M | $166.15M | $180.66M | $183.19M | $163.30M | $165.63M | $169.77M | $162.08M | $147.94M | $136.27M | $122.94M | $120.49M | $118.20M |
Total Stockholders Equity | $-93.90M | $1.85B | $-93.90M | $-141.20M | $423.60M | $-152.90M | $-155.00M | $-162.58M | $-166.15M | $-180.66M | $-183.19M | $-163.30M | $-165.63M | $-169.77M | $-162.08M | $-147.94M | $-136.27M | $-122.94M | $-120.49M | $-118.20M |
Total Equity | $-93.90M | $1.85B | $-93.90M | $-141.20M | $423.60M | $-152.90M | $-155.00M | $-162.58M | $-166.15M | $-180.66M | $-183.19M | $-163.30M | $-165.63M | $-169.77M | $-162.08M | $-147.94M | $-136.27M | $-122.94M | $-120.49M | $-118.20M |
Total Liabilities and Stockholders Equity | $5.91B | $5.89B | $6.02B | $6.06B | $6.03B | $6.31B | $6.13B | $6.13B | $6.01B | $5.95B | $5.89B | $5.75B | $5.65B | $5.64B | $5.72B | $5.72B | $5.37B | $5.23B | $5.10B | $5.05B |
Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $5.91B | $5.89B | $6.02B | $6.06B | $6.03B | $6.31B | $6.13B | $6.13B | $6.01B | $5.95B | $5.89B | $5.75B | $5.65B | $5.64B | $5.72B | $5.72B | $5.37B | $5.23B | $5.10B | $5.05B |
Total Investments | $859.30M | $894.00M | $894.00M | $961.90M | $965.10M | $978.60M | $980.80M | $993.29M | $1.00B | $1.20B | $1.21B | $1.21B | $1.21B | $1.19B | $1.24B | $1.21B | $1.17B | $1.13B | $1.08B | $1.01B |
Total Debt | $5.08B | $5.13B | $5.16B | $5.16B | $5.17B | $5.49B | $5.26B | $5.28B | $5.17B | $5.19B | $5.14B | $5.05B | $4.95B | $4.87B | $4.88B | $4.86B | $4.58B | $4.45B | $4.27B | $4.27B |
Net Debt | $4.95B | $5.12B | $5.16B | $5.16B | $5.16B | $5.48B | $5.26B | $5.27B | $4.91B | $5.19B | $5.13B | $5.04B | $4.95B | $4.73B | $4.82B | $4.73B | $4.57B | $4.44B | $4.05B | $4.05B |
Annual Cash Flow
Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
---|---|---|---|---|---|
Net Income | $1.04B | $982.00M | $816.97M | $1.02B | $1.33B |
Depreciation and Amortization | $292.80M | $227.90M | $258.68M | $246.13M | $265.08M |
Deferred Income Tax | $- | $15.50M | $54.28M | $13.95M | $-312.49M |
Stock Based Compensation | $38.50M | $21.80M | $11.98M | $24.01M | $32.05M |
Change in Working Capital | $-113.00M | $-9.70M | $-41.25M | $7.99M | $22.25M |
Accounts Receivables | $- | $80.80M | $-37.21M | $14.01M | $11.86M |
Inventory | $-75.10M | $-122.90M | $15.77M | $1.34M | $-3.39M |
Accounts Payables | $-6.50M | $16.00M | $4.22M | $-1.24M | $21.15M |
Other Working Capital | $-31.40M | $16.40M | $-24.04M | $-6.12M | $-7.37M |
Other Non Cash Items | $-113.40M | $-41.30M | $6.72M | $8.24M | $12.13M |
Net Cash Provided by Operating Activities | $1.14B | $1.20B | $1.11B | $1.32B | $1.35B |
Investments in Property Plant and Equipment | $-175.30M | $-148.60M | $-439.57M | $-943.99M | $-552.26M |
Acquisitions Net | $-900.00K | $-5.60M | $-95.07M | $-212.38M | $-216.42M |
Purchases of Investments | $- | $- | $- | $-212.38M | $-216.42M |
Sales Maturities of Investments | $- | $- | $- | $943.99M | $552.26M |
Other Investing Activities | $450.60M | $272.30M | $335.39M | $-582.49M | $313.59M |
Net Cash Used for Investing Activities | $274.40M | $118.10M | $-199.25M | $-1.01B | $-119.26M |
Debt Repayment | $- | $- | $- | $- | $- |
Common Stock Issued | $- | $- | $813.73M | $- | $- |
Common Stock Repurchased | $-462.30M | $-523.10M | $-276.94M | $- | $- |
Dividends Paid | $-870.00M | $-906.40M | $-927.12M | $-921.61M | $-865.43M |
Other Financing Activities | $-547.80M | $-421.30M | $-43.17M | $383.02M | $-235.07M |
Net Cash Used Provided by Financing Activities | $-1.42B | $-1.33B | $-970.28M | $-538.59M | $-1.10B |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
Net Change in Cash | $-2.10M | $-13.40M | $-62.15M | $-224.66M | $133.19M |
Cash at End of Period | $6.90M | $9.00M | $22.45M | $84.60M | $309.26M |
Cash at Beginning of Period | $9.00M | $22.40M | $84.60M | $309.26M | $176.07M |
Operating Cash Flow | $1.14B | $1.20B | $1.11B | $1.32B | $1.35B |
Capital Expenditure | $-175.30M | $-148.60M | $-439.57M | $-943.99M | $-552.26M |
Free Cash Flow | $966.00M | $1.05B | $667.80M | $377.19M | $800.69M |
Cash Flow Charts
Breakdown | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018 | September 30, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $238.70M | $273.90M | $187.00M | $330.00M | $353.90M | $165.50M | $243.67M | $236.60M | $280.42M | $221.32M | $183.92M | $211.64M | $133.84M | $287.56M | $286.44M | $273.04M | $253.70M | $207.66M | $314.07M | $594.53M |
Depreciation and Amortization | $57.20M | $56.40M | $118.40M | $57.90M | $58.80M | $57.70M | $59.60M | $61.40M | $48.77M | $58.13M | $64.78M | $71.82M | $58.54M | $63.53M | $65.11M | $56.63M | $62.53M | $61.87M | $103.35M | $56.23M |
Deferred Income Tax | $21.70M | $- | $- | $- | $- | $10.60M | $25.83M | $17.30M | $-40.02M | $12.38M | $18.55M | $10.67M | $26.98M | $-1.92M | $18.99M | $2.09M | $-5.46M | $-1.68M | $17.95M | $-352.63M |
Stock Based Compensation | $7.80M | $6.40M | $9.70M | $5.90M | $8.50M | $14.40M | $6.11M | $5.63M | $5.38M | $4.68M | $6.41M | $1.17M | $4.26M | $155.00K | $1.44M | $6.77M | $10.89M | $4.91M | $7.44M | $7.93M |
Change in Working Capital | $78.70M | $2.50M | $20.00M | $-4.50M | $17.00M | $-145.50M | $-9.07M | $-22.18M | $79.47M | $-57.91M | $-9.16M | $-19.87M | $-46.40M | $34.17M | $25.11M | $11.70M | $38.70M | $-67.52M | $42.71M | $-8.11M |
Accounts Receivables | $67.90M | $68.50M | $10.00M | $- | $-10.00M | $-86.70M | $60.84M | $8.89M | $25.64M | $-14.57M | $14.84M | $8.65M | $26.18M | $-86.88M | $23.94M | $58.13M | $17.43M | $-85.49M | $59.48M | $-18.89M |
Inventory | $-3.50M | $29.60M | $-7.40M | $-19.80M | $-20.80M | $-27.10M | $-58.54M | $-5.66M | $-13.32M | $-45.38M | $-38.36M | $-12.65M | $-45.23M | $112.01M | $21.55M | $-33.05M | $22.14M | $-9.31M | $-6.37M | $4.21M |
Accounts Payables | $26.30M | $200.00K | $-11.50M | $-1.10M | $15.40M | $-9.30M | $-7.41M | $-5.85M | $19.02M | $10.23M | $-4.82M | $-3.27M | $4.39M | $7.93M | $-30.25M | $6.90M | $19.20M | $2.91M | $-6.35M | $8.65M |
Other Working Capital | $-12.00M | $-95.80M | $28.90M | $16.40M | $32.40M | $-22.40M | $56.87M | $-10.68M | $73.77M | $-22.77M | $34.02M | $-3.95M | $-5.55M | $-85.76M | $33.81M | $37.84M | $-2.64M | $-61.12M | $55.43M | $-20.98M |
Other Non Cash Items | $400.00K | $12.30M | $17.40M | $2.20M | $-141.30M | $-2.30M | $16.82M | $4.68M | $-61.33M | $14.03M | $21.32M | $12.10M | $28.39M | $-806.00K | $20.49M | $3.90M | $-1.82M | $-372.00K | $21.60M | $-350.87M |
Net Cash Provided by Operating Activities | $404.50M | $351.50M | $352.50M | $391.50M | $296.90M | $100.40M | $317.12M | $286.12M | $352.72M | $240.24M | $267.27M | $276.85M | $178.63M | $384.62M | $398.58M | $352.04M | $364.00M | $206.56M | $489.17M | $299.71M |
Investments in Property Plant and Equipment | $-51.30M | $-44.00M | $-45.70M | $-43.50M | $-41.20M | $-44.90M | $-42.14M | $-39.05M | $-37.45M | $-29.95M | $-68.40M | $-78.95M | $-119.55M | $-172.67M | $-225.38M | $-230.94M | $-281.23M | $-206.44M | $-177.94M | $-154.88M |
Acquisitions Net | $- | $- | $900.00K | $- | $-100.00K | $-800.00K | $16.00K | $- | $-3.75M | $-1.86M | $-21.39M | $-14.22M | $-31.13M | $-28.32M | $-54.23M | $-45.89M | $-35.62M | $-76.63M | $-69.38M | $-2.19M |
Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-54.23M | $-45.89M | $-35.62M | $-76.63M | $-69.38M | $-2.19M |
Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $1.10M | $- | $-900.00K | $2.00M | $449.50M | $-900.00K | $82.00K | $1.36M | $232.75M | $-29.30M | $-67.59M | $-77.24M | $-119.46M | $160.12M | $-164.03M | $-140.79M | $-209.05M | $-68.63M | $-81.94M | $428.30M |
Net Cash Used for Investing Activities | $-50.20M | $-44.00M | $-45.70M | $-41.50M | $408.20M | $-46.60M | $-42.04M | $-37.69M | $229.00M | $-31.16M | $-88.98M | $-91.46M | $-150.60M | $131.79M | $-272.50M | $-232.57M | $-280.28M | $-221.89M | $-220.69M | $423.93M |
Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $81.03M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock Repurchased | $-26.20M | $-47.50M | $-101.50M | $-141.80M | $-169.00M | $-50.00M | $-50.04M | $-390.74M | $-82.32M | $- | $-24.99M | $-49.97M | $- | $-201.98M | $- | $- | $- | $- | $- | $- |
Dividends Paid | $-211.70M | $-213.00M | $-214.70M | $-215.20M | $-219.50M | $-220.60M | $-221.38M | $-226.63M | $-228.96M | $-229.42M | $-229.85M | $-231.25M | $-231.25M | $-234.77M | $-232.97M | $-231.26M | $-229.54M | $-227.83M | $-223.06M | $-218.50M |
Other Financing Activities | $-26.20M | $-89.40M | $-9.00M | $-131.80M | $-486.00M | $169.10M | $-65.09M | $-267.74M | $-99.32M | $10.85M | $53.68M | $57.03M | $62.81M | $-216.68M | $-561.91M | $272.04M | $126.54M | $-15.56M | $3.62M | $-348.97M |
Net Cash Used Provided by Financing Activities | $-237.90M | $-302.40M | $-313.80M | $-347.00M | $-705.50M | $-51.50M | $-286.47M | $-494.37M | $-328.29M | $-218.57M | $-176.18M | $-174.21M | $-168.44M | $-451.46M | $-232.97M | $40.78M | $-103.01M | $-243.39M | $-219.44M | $-567.47M |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Change in Cash | $116.40M | $5.10M | $-7.00M | $3.00M | $-400.00K | $2.30M | $-11.44M | $-245.94M | $253.43M | $-9.50M | $2.11M | $11.18M | $-140.40M | $64.96M | $-106.89M | $160.25M | $-19.28M | $-258.73M | $49.03M | $156.17M |
Cash at End of Period | $128.40M | $12.00M | $6.90M | $13.90M | $10.90M | $11.30M | $9.00M | $20.44M | $266.38M | $12.95M | $22.45M | $20.33M | $9.16M | $149.56M | $84.60M | $191.49M | $31.25M | $50.53M | $309.26M | $260.23M |
Cash at Beginning of Period | $12.00M | $6.90M | $13.90M | $10.90M | $11.30M | $9.00M | $20.44M | $266.38M | $12.95M | $22.45M | $20.33M | $9.16M | $149.56M | $84.60M | $191.49M | $31.25M | $50.53M | $309.26M | $260.23M | $104.06M |
Operating Cash Flow | $404.50M | $351.50M | $352.50M | $391.50M | $296.90M | $100.40M | $317.12M | $286.12M | $352.72M | $240.24M | $267.27M | $276.85M | $178.63M | $384.62M | $398.58M | $352.04M | $364.00M | $206.56M | $489.17M | $299.71M |
Capital Expenditure | $-51.30M | $-44.00M | $-45.70M | $-43.50M | $-41.20M | $-44.90M | $-42.14M | $-39.05M | $-37.45M | $-29.95M | $-68.40M | $-78.95M | $-119.55M | $-172.67M | $-225.38M | $-230.94M | $-281.23M | $-206.44M | $-177.94M | $-154.88M |
Free Cash Flow | $353.20M | $307.50M | $306.80M | $348.00M | $255.70M | $55.50M | $274.98M | $247.07M | $315.26M | $210.29M | $198.87M | $197.90M | $59.09M | $211.95M | $173.20M | $121.09M | $82.78M | $120.00K | $311.23M | $144.84M |

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates through Refined Products and Crude Oil segments. The company operates refined products pipeline that transports gasoline, diesel fuel, aviation fuel, kerosene, and heating oil to wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. Further, it provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. In addition, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. As of December 31, 2021, it had 9,800-mile refined products pipeline system with 54 terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 39 million barrels; and two marine terminals. The company was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.
$69.00
Stock Price
$13.94B
Market Cap
1.66K
Employees
Tulsa, OK
Location
Revenue (FY 2022)
$3.20B
17.1% YoY
Net Income (FY 2022)
$1.04B
5.5% YoY
EPS (FY 2022)
$4.95
10.7% YoY
Free Cash Flow (FY 2022)
$966.00M
-7.8% YoY
Profitability
Gross Margin
55.9%
Net Margin
32.4%
ROE
-1103.7%
ROA
13.4%
Valuation
P/E Ratio
10.14
P/S Ratio
3.29
EV/EBITDA
14.39
Market Cap
$13.94B
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$1.14B
-4.6% YoY
Free Cash Flow
$966.00M
-7.8% YoY
Balance Sheet Summary
Total Assets
$7.71B
-4.0% YoY
Total Debt
$5.16B
1.9% YoY
Shareholder Equity
$-93.90M
-7.0% YoY
Dividend Overview
$0.25
Latest Dividend
%
Dividend Yield
%
Payout Ratio
Recent Dividend History
Date | Amount | Type |
---|---|---|
2023-09-20 | $0.25 | September 20, 23 |
2023-08-04 | $1.05 | August 04, 23 |
2023-05-05 | $1.05 | May 05, 23 |
2023-02-06 | $1.05 | February 06, 23 |
2022-11-04 | $1.05 | November 04, 22 |
2022-08-04 | $1.04 | August 04, 22 |
2022-04-29 | $1.04 | April 29, 22 |
2022-02-04 | $1.04 | February 04, 22 |
2021-11-04 | $1.04 | November 04, 21 |
2021-08-05 | $1.03 | August 05, 21 |
Magellan Midstream Partners, L.P Dividends
Explore Magellan Midstream Partners, L.P's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
8.27%
Dividend Payout Ratio
83.94%
Dividend Paid & Capex Coverage Ratio
1.09x
Magellan Midstream Partners, L.P Dividend History
Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
---|---|---|---|---|---|
$0.2474 | $0.2474 | September 20, 2023 | September 21, 2023 | September 25, 2023 | September 11, 2023 |
$1.0475 | $1.0475 | August 04, 2023 | August 07, 2023 | August 14, 2023 | July 27, 2023 |
$1.0475 | $1.0475 | May 05, 2023 | May 08, 2023 | May 15, 2023 | April 27, 2023 |
$1.048 | $1.0475 | February 06, 2023 | February 07, 2023 | February 14, 2023 | January 24, 2023 |
$1.048 | $1.0475 | November 04, 2022 | November 07, 2022 | November 14, 2022 | October 20, 2022 |
$1.038 | $1.0375 | August 04, 2022 | August 05, 2022 | August 12, 2022 | July 21, 2022 |
$1.038 | $1.0375 | April 29, 2022 | May 02, 2022 | May 13, 2022 | April 21, 2022 |
$1.0375 | $1.0375 | February 04, 2022 | February 07, 2022 | February 14, 2022 | January 25, 2022 |
$1.038 | $1.0375 | November 04, 2021 | November 05, 2021 | November 12, 2021 | October 20, 2021 |
$1.028 | $1.0275 | August 05, 2021 | August 06, 2021 | August 13, 2021 | July 22, 2021 |
$1.0275 | $1.0275 | May 06, 2021 | May 07, 2021 | May 14, 2021 | April 22, 2021 |
$1.0275 | $1.0275 | February 04, 2021 | February 05, 2021 | February 12, 2021 | January 26, 2021 |
$1.0275 | $1.0275 | November 05, 2020 | November 06, 2020 | November 13, 2020 | October 22, 2020 |
$1.0275 | $1.0275 | August 06, 2020 | August 07, 2020 | August 14, 2020 | July 23, 2020 |
$1.0275 | $1.0275 | May 07, 2020 | May 08, 2020 | May 15, 2020 | April 23, 2020 |
$1.0275 | $1.0275 | February 06, 2020 | February 07, 2020 | February 14, 2020 | January 21, 2020 |
$1.02 | $1.02 | November 06, 2019 | November 07, 2019 | November 14, 2019 | October 24, 2019 |
$1.0125 | $1.0125 | August 06, 2019 | August 07, 2019 | August 14, 2019 | July 25, 2019 |
$1.005 | $1.005 | May 07, 2019 | May 08, 2019 | May 15, 2019 | April 25, 2019 |
$0.9975 | $0.9975 | February 06, 2019 | February 07, 2019 | February 14, 2019 | January 22, 2019 |
Magellan Midstream Partners, L.P News
Read the latest news about Magellan Midstream Partners, L.P, including recent articles, headlines, and updates.
Bicycle Therapeutics Announces Presentation of Additional Human Radiopharmaceutical Imaging Data for MT1-MMP at the American Association for Cancer Research Annual Meeting 2025
CAMBRIDGE, England & BOSTON--(BUSINESS WIRE)--Bicycle Therapeutics plc (NASDAQ: BCYC), a biopharmaceutical company pioneering a new and differentiated class of therapeutics based on its proprietary bicyclic peptide (Bicycle®) technology, announced the presentation of additional human imaging data that validate the potential of MT1-MMP, a tumor antigen overexpressed in many cancers, as a novel target for cancer treatment and demonstrate the positive properties of Bicycle® Radioconjugates (BRC®).

Allergan Aesthetics Launches BOTOX® Cosmetic (onabotulinumtoxinA) for Masseter Muscle Prominence (MMP) in Adults in China
BOTOX® Cosmetic is the first neurotoxin approved in China for the treatment of masseter muscle prominence (MMP), the largest global market for MMP. Approval supported by well-established safety profile and robust clinical trials demonstrating BOTOX® Cosmetic is effective in reducing the prominence of the masseter muscle.

November's 5 Dividend Growth Stocks With 5.57%+ Yields
Dividend growth stocks often provide reliable cash flows and long-term wealth for income investors. Screening dividend stocks based on safety, growth, and consistency can be beneficial to find new opportunities important for investors. In this month's article, we highlight these five dividend stocks: Medifast, Realty Income, ONEOK, VICI Properties, and Cogent Communications Holdings.

ONEOK: Strong Asset Base And The Magellan Deal Add More Fuel
ONEOK announced a merger with Magellan Midstream Partners, one of the largest deals in the energy sector, which will significantly increase OKE's EBITDA. The Company has consistently grown its EPS by 14% annually through acquisitions, and its yield above 5% makes it an enticing investment. Despite concerns about debt levels and achieving expected synergies from the merger, OKE's resilience and strategic ambitions make it a buy.

TortoiseEcofin Announces Revision of Timing of Constituent Changes Due to Corporate Action
LEAWOOD, KS / ACCESSWIRE / September 25, 2023 / TortoiseEcofin today announced a revision of timing of the removal of Magellan Midstream Partners, L.P. (NYSE:MMP) from the Tortoise MLP Index ® (TMLP), and the Tortoise North American Pipeline IndexSM (TNAP) as a result of the approved acquisition by ONEOK, Inc. (NYSE:OKE).

Magellan Holders Now Own ONEOK; There Are Better Values In The Space
Magellan Midstream holders have approved the acquisition deal by ONEOK, despite concerns over tax consequences. The deal will create a more diversified company, with ONEOK bringing natural gas and natural gas liquids to the table. The combined company is expected to generate about $6.1 billion in adjusted EBITDA in 2024, valuing it at roughly 10x 2024 EBITDA.

TortoiseEcofin Announces Constituent Changes Due to Corporate Action
LEAWOOD, KS / ACCESSWIRE / September 22, 2023 / TortoiseEcofin today announced that Magellan Midstream Partners, L.P. (NYSE:MMP) will be removed from the Tortoise MLP Index ® (TMLP), and the Tortoise North American Pipeline IndexSM (TNAP) as a result of the approved acquisition by ONEOK, Inc. (NYSE:OKE).

The Massive Increase In U.S. Energy Production And Its Consequences For Investors
U.S. energy production has significantly increased in the past 15 years, with a shift towards becoming an oil exporter and increased natural gas, solar, and wind production. The increase in energy production has not been driven by demand, as energy consumption has remained relatively stable. The shift towards energy independence has positive implications for the U.S. economy, including reducing the trade deficit, strengthening the dollar, and enhancing national security.

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend ONEOK Shareholders Vote "FOR" Pending Acquisition of Magellan Midstream Partners
TULSA, Okla. , Sept. 7, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that the two leading proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis & Co. (Glass Lewis), have recommended that ONEOK shareholders vote in favor of all proposals related to ONEOK's pending acquisition of Magellan Midstream Partners, L.P.

Enterprise and Magellan's Terminal Transfer Fee Waiver for ICE Midland WTI (HOU) Extended Through 2024 as HOU Trades at Record Levels During August
HOUSTON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that Enterprise Products Partners L.P. (NYSE: EPD) and Magellan Midstream Partners, L.P. (NYSE: MMP) have extended their fee waiver arrangement between the Enterprise Crude Houston (“ECHO”) and Magellan East Houston (“MEH”) terminals to transfer crude oil delivered through ICE's Midland WTI futures contract (ICE: HOU) until December 31,.

Magellan Midstream Files Investor Presentation Highlighting Benefits of Pending ONEOK Transaction
Transaction delivers full value to Magellan unitholders and provides unitholders with ownership in a stronger combined company Combined company better positioned to address secular risks and achieve strong growth and value creation over the long term Board carefully considered alternative opportunities, structures and tax implications Magellan urges unitholders to vote "FOR" the pending merger today TULSA, Okla. , Aug. 29, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P.

Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for MMP.