Magellan Midstream Partners, L.P.(MMP) Stock Research - Grey Stern Research
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Magellan Midstream Partners, L.P. (MMP) Stock Analysis

$69.00 (0.67%)

MMP Financial Performance


Use the table below to view Magellan Midstream Partners, L.P.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2023

Metric Value Ranking among Peers
Price $69.00 -
52 Week Low $46.55 -
52 Week High $69.90 -
Market Cap $13.9 Billion 9/13
Gross Margin 60% 6/13
Profit Margin 27% 4/13
EBITDA margin 34% 7/13
Q2 - 2023 Revenue $877.2 Million 11/13
Q2 - 2023 Earnings $238.7 Million 9/13
Q2 - 2023 Free Cash Flow $353.2 Million 9/13
Trailing 4 Quarters Revenue $3.5 Billion 11/13
Trailing 4 Quarters Earnings $1.0 Billion 10/13
Quarterly Earnings Growth -33% 12/13
Annual Earnings Growth 21% 7/13
Quarterly Revenue Growth 11% 5/13
Annual Revenue Growth 24% 4/13
Cash On Hand $128.4 Million 8/13
Short Term Debt $21.3 Million 10/13
Long Term Debt $5.1 Billion 10/13

Magellan Midstream Partners, L.P. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Magellan Midstream Partners, L.P.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 13.54 5/13
PS 4.00 6/13
PB 8.13 1/13
PC 108.60 6/13
Liabilities to Equity 0.00 12/13
ROA 0.13 2/13
ROE -10.96 13/13
Current Ratio 1.29 10/13
Quick Ratio 0.02 6/13
Long Term Debt to Equity -53.90 13/13
Debt to Equity -54.12 13/13
Burn Rate -4.15 13/13
Cash to Cap 0.01 6/13
CCR 1.48 5/13
EV to EBITDA 63.95 4/13
EV to Revenue 5.42 6/13

Company Details

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.

CEO: Mr. Michael Mears

Website: https://www.magellanlp.com

Address: One Williams Center, Md 28-1 Tulsa, OKLAHOMA

Exchange: New York Stock Exchange

Industry: Oil & Gas Midstream

Magellan Midstream Partners, L.P. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Magellan Midstream Partners, L.P.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Kinder Morgan, Inc. KMI $60.9 Billion
ONEOK, Inc. OKE $64.6 Billion
The Williams Companies, Inc. WMB $69.0 Billion
Plains All American Pipeline, L.P. PAA $13.1 Billion
Enterprise Products Partners L.P. EPD $72.2 Billion
Enbridge Inc. ENB $94.7 Billion
MPLX LP MPLX $51.5 Billion
Western Midstream Partners, LP WES $15.4 Billion
NuStar Energy L.P. NS $2.8 Billion
Holly Energy Partners, L.P. HEP $2.6 Billion
Crestwood Equity Partners LP CEQP $3.0 Billion
Energy Transfer LP ET $65.9 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
MMP Income Statements
Quarter Year Revenue Earnings
Q2 2023 $ 877.2 Million $238.7 Million
Q1 2023 $ 869.7 Million $273.9 Million
Q4 2022 $ 861.0 Million $187.0 Million
Q3 2022 $ 876.1 Million $330.0 Million
Q2 2022 $ 788.6 Million $353.9 Million
Q1 2022 $ 674.7 Million $165.5 Million
Q4 2021 $ 809.3 Million $243.7 Million
Q3 2021 $ 639.1 Million $236.6 Million

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MMP Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2023 $128.4 Million $7.6 Billion $5.1 Billion -$93.9 Million
Q1 2023 $7.4 Million $7.6 Billion $5.1 Billion $1.9 Billion
Q4 2022 $2.0 Million $7.7 Billion $5.2 Billion -$93.9 Million
Q3 2022 $8.1 Million $7.8 Billion $5.2 Billion $0
Q2 2022 $4.6 Million $7.8 Billion $5.2 Billion $0
Q1 2022 $4.6 Million $8.1 Billion $5.5 Billion $1.8 Billion
Q4 2021 $13.0 Million $8.2 Billion $5.1 Billion $2.3 Billion
Q3 2021 $12.6 Million $8.0 Billion $5.3 Billion $1.9 Billion

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MMP Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2023 $353.2 Million -$51.3 Million $116.4 Million
Q1 2023 $307.5 Million -$44.0 Million $5.1 Million
Q4 2022 $306.8 Million -$45.7 Million -$7.0 Million
Q3 2022 $478.2 Million $86.7 Million $3.0 Million
Q2 2022 $341.0 Million $44.1 Million -$400,000
Q1 2022 $55.5 Million -$44.9 Million $2.3 Million
Q4 2021 $275.0 Million -$42.1 Million -$11.4 Million
Q3 2021 $247.1 Million -$39.1 Million -$245.9 Million

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