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Magellan Midstream Partners (MMP) Units Rep Ltd Partner Int

Sell:$33.74 Buy:$33.76 Change: $0.48 (1.40%)
Market closed |  Prices as at close on 24 September 2020 | Switch to live prices |
Sell:$33.74
Buy:$33.76
Change: $0.48 (1.40%)
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account
Market closed |  Prices as at close on 24 September 2020 | Switch to live prices |
Sell:$33.74
Buy:$33.76
Change: $0.48 (1.40%)
Market closed |  Prices as at close on 24 September 2020 | Switch to live prices |
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Magellan Midstream Partners, L.P. is principally engaged in the transportation, storage and distribution of refined petroleum products and crude oil. The Company operates through three segments: refined products, crude oil and marine storage. As of December 31, 2016, its asset portfolio, including the assets of its joint ventures, consisted of its refined products segment, consisting 9,700-mile refined products pipeline system with 53 terminals, as well as 26 independent terminals not connected to its pipeline system and its 1,100-mile ammonia pipeline system; its crude oil segment, consisted of approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 26 million barrels, of which 16 million are used for contract storage, and its marine storage segment, consisted of five marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels.

Contact details

Address:
One Williams Center, Md 28-1
TULSA
74172
United States
Telephone:
+1 (918) 5747000
Website:
https://www.magellanlp.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
MMP
ISIN:
US5590801065
Market cap:
$7.60 billion
Shares in issue:
225.06 million
Sector:
Oil & Gas Storage & Transportation
Exchange:
New York Stock Exchange
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • Michael Mears
    Chairman of the Board, President, Chief Executive Officer of Magellan GP, LLC
  • Jeffrey Holman
    Chief Financial Officer, Senior Vice President, Treasurer of the Magellan GP, LLC
  • Aaron Milford
    Chief Operating Officer of the Magellan GP, LLC
  • Douglas May
    Senior Vice President, General Counsel, Compliance and Ethics Officer and Assistant Secretary of Magellan GP, LLC
  • Lisa Korner
    Senior Vice President - Human Resources and Administration of Magellan GP, LLC
  • Michael Aaronson
    Senior Vice President - Business Development of Magellan GP, LLC
  • Robert Barnes
    Senior Vice President, Commercial - Crude Oil of Magellan GP, LLC
  • Melanie Little
    Senior Vice President, Operations of Magellan GP, LLC
  • Michael Pearson
    Senior Vice President, Technical Services of Magellan GP, LLC
  • Jeffrey Selvidge
    Senior Vice President - Commercial - Refined Products of Magellan GP, LLC

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.