Magellan Midstream Partners, L.P. Overview
Pro stress-test →Magellan Midstream Partners is a master limited partnership based in Tulsa that transports, stores and distributes refined petroleum products (including gasoline, aviation fuel, kerosene, heating oil, liquefied petroleum gases, blendstocks, and heavy oils and feedstocks) and ammonia. The company owns the longest refined petroleum products pipeline system in the country, with access to nearly 50% of the nation's refining capacity, and can store more than 100 million barrels of petroleum products.
Strategic Profile
Pro stress-test →Magellan's primary assets include a 9,700-mile petroleum products pipeline system, 2,200 miles of crude oil pipelines, and storage facilities with capacity of approximately 28 million barrels. The company organizes its revenues into three reporting segments: Refined Products, Crude Oil, and Marine Storage. As a master limited partnership with significant midstream infrastructure, MMP provides stable cash flow through its essential role in transporting petroleum products across North America.
Competitive Landscape
Pro stress-test →Magellan operates in the oil & gas midstream sector competing with other pipeline operators and energy infrastructure companies. Key competitors include other major midstream energy infrastructure providers that offer similar transportation, storage, and distribution services for petroleum products and crude oil.
Industry Context
Magellan Midstream Partners, L.P. operates in Oil & gas midstream pipeline transportation.
Key facts
Founded: N/A · Headquarters: Tulsa, US · Employees: N/A · Revenue: N/A · Market cap: $13.95B