Motley Fool  Feb 2  Comment 
Even though a customer is trying to get out of a contract, the rest of Magellan's business ran swimmingly in the fourth quarter.
Motley Fool  Dec 30  Comment 
The midstream MLP took a step back in 2016, but it could deliver record earnings in 2017 thanks to dual catalysts on the horizon.
Motley Fool  Nov 2  Comment 
Better-than-expected results from its new assets have given Magellan's management the confidence to raise its distributable cash flow guidance again.
Forbes  Nov 2  Comment 
In trading on Wednesday, shares of Magellan Midstream Partners LP (NYSE: MMP) entered into oversold territory, changing hands as low as $64.25 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical...
Agoracom  Oct 19  Comment 
Tetra Bio-Pharma Announces Awarding of NSERC Engage Grant Partnership to Grow Pros MMP and McGill University OTTAWA, ONTARIO--(Oct. 19, 2016) - Grow Pros MMP Inc. (MMP), a subsidiary of Tetra Bio-Pharma Inc. ("TetraBio" or the "Company" or...


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Tulsa, Oklahoma-based Magellan Midstream Partners, L.P. (MMP) is a master limited partnership (MLP) that owns and operates a diversified portfolio of energy infrastructure assets. The partnership primarily transports, stores, and distributes refined petroleum products and, to a lesser extent, ammonia.

Magellan's asset base includes the Magellan Pipeline System (accounted for 86% and 75% of the partnership's 2006 revenue and operating earnings, respectively), Petroleum Products Terminals (12% and 24%, respectively), and the Ammonia Pipeline System (2% and 1%, respectively). The Magellan Pipeline System is an 8,500-mile system, extending from the Gulf Coast refining region of Texas through the Midwest to Colorado, North Dakota, Minnesota, and Illinois, and includes 45 petroleum products terminals and transports refined petroleum products to the mid-continental U.S. In 2006, the partnership's pipeline volumes comprised 53% gasoline, 37% distillates (which include diesel fuels and heating oil) and 10% LPG and aviation fuel. Petroleum Products Terminals includes seven marine terminal facilities located along the Gulf Coast and the New York harbor, and 29 inland terminals located in the southeastern U.S. The 1,100-mile Ammonia Pipeline System extends from Texas and Oklahoma to Minnesota, and caters to the mid-continent region. Magellan's general partner (GP) is owned by private equity investors, Carlyle/Riverstone and Madison Dearborn, through a 2% GP interest.


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