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Try Now for Just $1!Magellan Midstream Partners, L.P. (MMP) stock surged +0.67%, trading at $69.00 on NYSE, up from the previous close of $68.54. The stock opened at $69.44, fluctuating between $68.80 and $69.89 in the recent session.
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.
Employees | 1655 |
Beta | 0.91 |
Sales or Revenue | $3.20B |
5Y Sales Change% | 0% |
Fiscal Year Ends | December |
Sector | Energy |
Industry | Oil & Gas Midstream |
Magellan Midstream Partners, L.P. (NYSE: MMP) stock price is $69.00 in the last trading session. During the trading session, MMP stock reached the peak price of $69.89 while $68.80 was the lowest point it dropped to. The percentage change in MMP stock occurred in the recent session was 0.67% while the dollar amount for the price change in MMP stock was $0.46.
The NYSE listed MMP is part of Oil & Gas Midstream industry that operates in the broader Energy sector. Magellan Midstream Partners, L.P. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. James R. Hoskin
Senior Vice President of Operations
Mr. Michael C. Pearson
Senior Vice President of Technical Services - Magellan GP LLC
Ms. Paula Farrell
Associate Vice President of Investor Relations - Magellan GP LLC
Mr. Jeffrey L. Holman
Principal Accounting Officer, Executive Vice President, Chief Financial Officer & Treasurer of Magellan GP LLC
Ms. Melanie A. Little
Executive Vice President & Chief Operating Officer of Magellan GP LLC
Mr. Aaron L. Milford
Pres, Chief Executive Officer & Director of Magellan GP LLC
Mr. Douglas J. May
SVice President, Gen. Counsel, Compliance & Ethics Officer and Assistant Sec. of Magellan GP LLC
Ms. Suzanne H. Costin
Sec. of Magellan GP LLC
Mr. Kyle T. Krshka
Senior Vice President of Commercial Crude Oil of Magellan GP, LLC
Ms. Lisa J. Korner
Senior Vice President of HR & Admin.
Mr. Mark B. Roles
Senior Vice President of Commercial & Refined Products - Magellan GP LLC
Mr. Michael J. Aaronson
Executive Vice President & Chief Commercial Officer of Magellan GP LLC
Mr. Douglas J. May J.D.
SVice President, Gen. Counsel, Compliance & Ethics Officer and Assistant Sec. of Magellan GP LLC
MMP's closing price is 48.23% higher than its 52-week low of $46.55 where as its distance from 52-week high of $69.90 is -1.29%.
Number of MMP employees currently stands at 1,655.
Official Website of MMP is: https://www.magellanlp.com
MMP could be contacted at phone 918 574 7000 and can also be accessed through its website. MMP operates from One Williams Center, Tulsa, OK 74121-2186, United States.
MMP stock volume for the day was 31.03M shares. The average number of MMP shares traded daily for last 3 months was 1.91M.
The market value of MMP currently stands at $13.94B with its latest stock price at $69.00 and 202.1M of its shares outstanding.
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