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Magellan Midstream Partners, L.P. (MMP)

(Delayed Data from NYSE)

$47.39 USD

47.39
1,364,284

-0.55 (-1.15%)

Updated May 11, 2021 04:00 PM ET

Zacks Rank:

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
1Strong Buy25.41%
2Buy19.02%
3Hold10.72%
4Sell6.46%
5Strong Sell3.06%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

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.

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B Value C Growth B Momentum B VGM

Industry Rank:

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%.

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Bottom 49% (130 out of 254)

Industry: Oil and Gas - Production Pipeline - MLB

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Company Summary

Tulsa, OK-based Magellan Midstream Partners, L.P. 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 Midstream has the longest refined petroleum pipeline system in the U.S. with access to almost half of the total domestic refining capacity.

Magellan Midstream conducts its operations in two segments: Refined Products and Crude Oil.

General Information

Magellan Midstream Partners, L.P.

One Williams Center P.O. Box 22186

TULSA, OK 74121

Phone: 918-574-7000

Fax: 302-655-5049

Web: http://www.magellanlp.com

Email: paula.farrell@magellanlp.com

Industry Oil and Gas - Production Pipeline - MLB
Sector Oils-Energy
Fiscal Year End December
Last Reported Quarter 3/31/2021
Next EPS Date 7/29/2021

EPS Information

Current Quarter EPS Consensus Estimate 0.86
Current Year EPS Consensus Estimate 3.75
Estimated Long-Term EPS Growth Rate NA
Next EPS Report Date 7/29/2021

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 47.94
52 Week High 49.91
52 Week Low 32.61
Beta 1.11
20 Day Moving Average 1,177,226.75
Target Price Consensus 49.36

MMP

% Price Change
4 Week 6.53
12 Week 14.99
YTD 12.96
% Price Change Relative to S&P 500
4 Week 5.00
12 Week 8.03
YTD 1.30
Share Information
Shares Outstanding (millions) 223.28
Market Capitalization (millions) 10,704.18
Short Ratio NA
Last Split Date 10/15/2012
Dividend Information
Dividend Yield 8.57%
Annual Dividend $4.11
Payout Ratio 1.13
Change in Payout Ratio 0.19
Last Dividend Payout / Amount 5/6/2021 / $1.03

Fundamental Ratios

P/E
P/E (F1) 12.77
Trailing 12 Months 13.13
PEG Ratio NA
EPS Growth
vs. Previous Year -14.84%
vs. Previous Quarter 15.96%
   
Sales Growth
vs. Previous Year -15.55%
vs. Previous Quarter 12.75%
   
Price Ratios
Price/Book 4.66
Price/Cash Flow 9.52
Price / Sales 4.64
ROE
3/31/21 34.70
12/31/20 35.81
9/30/20 37.91
ROA
3/31/21 10.03
12/31/20 10.64
9/30/20 11.65
Current Ratio
3/31/21 0.85
12/31/20 0.73
9/30/20 0.64
Quick Ratio
3/31/21 0.47
12/31/20 0.43
9/30/20 0.40
Operating Margin
3/31/21 35.53
12/31/20 35.73
9/30/20 37.08
Net Margin
3/31/21 32.55
12/31/20 33.65
9/30/20 35.61
Pre-Tax Margin
3/31/21 32.68
12/31/20 33.77
9/30/20 35.65
Book Value
3/31/21 10.29
12/31/20 10.30
9/30/20 10.68
Inventory Turnover
3/31/21 2.87
12/31/20 4.25
9/30/20 4.67
Debt-to-Equity
3/31/21 2.18
12/31/20 2.16
9/30/20 2.05
Debt to Capital
3/31/21 68.50
12/31/20 68.36
9/30/20 67.23