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Ticker
MMP

Price
-
Stock movement up
+0.46 (0.67%)
Company name
Magellan Midstream Partners LP
Exchange
(NYSE
,
Currency
USD
)
Sector
Energy >
Oil & Gas Midstream
Market cap
13.94B
Ent value
19.73B
Price/Sales
4.00
Price/Book
8.13
Div yield
6.07%
Div growth
3.38%
Growth years
20
FCF payout
68.98%
Trailing P/E
13.54
Forward P/E
13.37
PEG
1.80
EPS growth
4.92%
1 year return
38.44%
3 year return
23.30%
5 year return
0.09%
10 year return
2.48%
Last updated: 2024-12-16

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share4.19
Dividend yield6.07%
Payout frequency-
Maximum yield14.79%
Average yield8.07%
Minimum yield5.67%
Discount to avg yield-32.95%
Upside potential-24.78%
Yield as % of max yield41.04%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield6.07%
Current yield distribution97.54%
Yield at 100% (Min)5.67%
Yield at 90%6.32%
Yield at 80%6.53%
Yield at 50% (Median)8.15%
Yield at 20%9.13%
Yield at 10%9.94%
Yield at 0% (Max)14.79%

Dividend per share

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Dividend per share data
Years of growth20 years
CCC statusDividend Contender
Dividend per share4.19
Payout frequency-
Ex-div date20 Sep 2023
EPS (TTM)5.07
EPS (1y forward)5.16
EPS growth (5y)4.92%
EPS growth (5y forward)7.53%

Dividend growth

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Dividend growth data
MMPS&P500
DGR MR0.96%-13.74%
DGR TTM0.96%6.60%
DGR 3 years1.02%5.24%
DGR 5 years3.38%5.40%
DGR 10 years8.84%7.07%
DGR 15 years8.37%6.12%
Time since last change announced903 days
EPS growth (5y)4.92%
EPS growth (5y forward)7.53%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM83.00%68.98%
Average--
Forward81.20%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E13.54
Price to OCF9.30
Price to FCF11.26
Price to EBITDA9.35
EV to EBITDA13.23

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales4.00
Price to Book8.13
EV to Sales5.66

FINANCIALS

Per share

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Per share data
Current share count202.10M
EPS (TTM)5.07
FCF per share (TTM)6.10

Income statement

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Income statement data
Revenue (TTM)3.48B
Gross profit (TTM)1.99B
Operating income (TTM)1.15B
Net income (TTM)1.03B
EPS (TTM)5.07
EPS (1y forward)5.16

Margins

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Margins data
Gross margin (TTM)56.98%
Operating margin (TTM)32.96%
Profit margin (TTM)29.55%

Balance Sheet

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Balance Sheet data
Cash128.40M
Net receivables204.30M
Total current assets737.30M
Goodwill50.40M
Intangible assets39.60M
Property, plant and equipment8.27B
Total assets7.63B
Accounts payable137.70M
Short/Current long term debt5.08B
Total current liabilities681.10M
Total liabilities5.91B
Shareholder's equity1.71B
Net tangible assets1.70B

Cash flow

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Cash flow data
Operating cash flow (TTM)1.50B
Capital expenditures (TTM)184.50M
Free cash flow (TTM)1.24B
Dividends paid (TTM)854.60M

Financial returns

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Financial returns data
Return on Equity60.05%
Return on Assets13.50%
Return on Invested Capital15.32%
Cash Return on Invested Capital18.44%

STOCK INFORMATION

Downside potential

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Downside potential data
MMPS&P500
Current price drop from All-time high-22.58%-9.90%
Highest price drop-68.83%-56.47%
Date of highest drop23 Mar 20209 Mar 2009
Avg drop from high-18.25%-11.07%
Avg time to new high18 days12 days
Max time to new high2224 days1805 days
COMPANY DETAILS
MMP (Magellan Midstream Partners LP) company logo
Marketcap
13.94B
Marketcap category
Large-cap
Description
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates refined products pipeline that transports gasoline, diesel and aviation fuel, kerosene, and heating oil to refiners, 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. It also 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. Magellan Midstream Partners, L.P. was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.
Employees
1655
Investor relations
SEC filings
CEO
Michael Mears
Country
USA
City
Tulsa
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
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