MMP: Magellan Midstream Partners, L.P. - Summary | Jitta

Magellan Midstream Partners, L.P.

NYSE:MMP

Price
$52.70
Loss Chance
47.4%
5.49JITTA SCORE
83.45%Over Jitta Line
Jitta Ranking
105 / 226
1,116 / 5,060
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (42)
Recent Business Performance (38)
Financial Strength (59)
Return to Shareholders (90)
Competitive Advantage (61)
Jitta Signs
Recent Business PerformanceEarning Growth Last Quarter (YoY)
Return on EquityConsistently High
Share RepurchaseEvery Year
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 60 days
Revenue and EarningEarning decline from 2018-2021
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
5.49
83.45%
3.74
123.19%
Oil and Gas Storage and Transportation
4.71
67.39%
4.46
39.37%
4.39
62.70%
COMPANY DESCRIPTION
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.