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Magellan Midstream Partners, L.P. (MMP)

(Delayed Data from NYSE)

$60.08 USD

60.08
488,299

+0.92 (1.56%)

Updated Nov 20, 2019 03:56 PM ET

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3-Hold     3    

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1
2
3
4
5
S&P
Strong Buy
Buy
Hold
Sell
Strong Sell
500
24.62%
17.69%
9.40%
5.11%
2.01%
10.65%

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C Value | C Growth | B Momentum | C VGM

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Balance Sheet

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

Research for MMP

   

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

Fiscal Year End for Magellan Midstream Partners, L.P. falls in the month of December.

All items in Millions except Per Share data.

12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Assets          
Cash & Equivalents 218 176 15 29 17
Receivables 129 153 131 97 100
Notes Receivable 0 0 0 0 0
Inventories 186 182 134 131 158
Other Current Assets 113 100 90 83 128
Total Current Assets 646 612 370 339 403
Net Property & Equipment 5,798 5,553 5,276 4,819 4,329
Investments & Advances 1,076 1,083 931 766 614
Other Non-Current Assets 21 28 24 20 29
Deferred Charges 0 0 0 0 18
Intangibles 104 106 105 55 58
Deposits & Other Assets 101 13 66 42 67
Total Assets 7,748 7,394 6,772 6,042 5,517
Liabilities & Shareholders Equity 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Notes Payable 0 0 0 0 0
Accounts Payable 139 105 77 104 97
Current Portion Long-Term Debt 59 251 0 250 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 262 274 213 186 187
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 216 206 191 173 253
Total Current Liabilities 677 837 482 713 536
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 4,211 4,274 4,087 3,189 2,983
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 216 155 111 117 130
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 5,104 5,265 4,680 4,020 3,649
Shareholders Equity 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2,764 2,267 2,193 2,118 1,950
Capital Surplus 0 0 0 0 0
Retained Earnings 0 0 0 0 0
Other Equity -120 -138 -101 -96 -82
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 2,643 2,130 2,092 2,022 1,868
Total Liabilities & Shareholder's Equity 7,748 7,394 6,772 6,042 5,517
Total Common Equity 2,643 2,130 2,092 2,022 1,868
Shares Outstanding 228.20 228.00 227.70 227.40 227.00
Book Value Per Share 11.58 9.34 9.19 8.89 8.23

Fiscal Year End for Magellan Midstream Partners, L.P. falls in the month of December.

All items in Millions except Per Share data.

9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Assets          
Cash & Equivalents 135 3 14 218 217
Receivables 154 165 166 129 162
Notes Receivable 0 0 0 0 0
Inventories 206 173 195 186 179
Other Current Assets 72 66 64 113 114
Total Current Assets 568 407 438 646 672
Net Property & Equipment 6,264 6,090 5,926 5,798 5,735
Investments & Advances 1,206 1,165 1,129 1,076 1,005
Other Non-Current Assets 21 21 21 21 24
Deferred Charges 0 0 0 0 0
Intangibles 102 102 103 104 105
Deposits & Other Assets 231 220 228 101 55
Total Assets 8,392 8,005 7,845 7,748 7,596
Liabilities & Shareholders Equity 9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Notes Payable 0 0 0 0 0
Accounts Payable 205 180 193 139 137
Current Portion Long-Term Debt 23 22 23 59 553
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 277 230 214 262 235
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 175 186 194 216 202
Total Current Liabilities 681 618 623 677 1,127
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 4,841 4,555 4,428 4,211 3,719
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 196 177 216 203
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 5,718 5,368 5,228 5,104 5,048
Shareholders Equity 9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2,822 2,774 2,739 2,764 2,666
Capital Surplus 0 0 0 0 0
Retained Earnings 0 0 0 0 0
Other Equity -148 -136 -123 -120 -118
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 2,674 2,638 2,616 2,643 2,547
Total Liabilities & Shareholder's Equity 8,392 8,005 7,845 7,748 7,596
Total Common Equity 2,674 2,638 2,616 2,643 2,547
Shares Outstanding 228.40 228.40 228.40 228.20 228.20
Book Value Per Share 11.71 11.55 11.45 11.58 11.16