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NYSE: MMP
Magellan Midstream Partners LP Stock

$53.82+0.94 (+1.78%)
Updated Mar 29, 2023
MMP Price
$53.82
Fair Value Price
N/A
Market Cap
$10.94B
52 Week Low
$44.79
52 Week High
$60.55
P/E
10.87x
P/B
6.49x
P/S
3.29x
PEG
2.77x
Dividend Yield
7.75%
Revenue
$3.20B
Earnings
$1.04B
Gross Margin
46.5%
Operating Margin
39.65%
Profit Margin
32.4%
Debt to Equity
3.58
Operating Cash Flow
$1B
Beta
0.76
Next Earnings
May 3, 2023
Ex-Dividend
N/A
Next Dividend
N/A

MMP Overview

Magellan Midstream Partners, L.P. transports and distributes refined petroleum products the U.S. The company's pipelines transport gasoline, diesel fuel, aviation fuel, kerosene, and heating oil to wholesalers, retailers, traders, railroads, and airlines, as well as to to end markets. It also provides terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. Magellan Midstream was incorporated in 2000 and is headquartered in Tulsa, OK.

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MMP scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MMP ($53.82) is trading above its intrinsic value of $34.90, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MMP is good value based on its earnings relative to its share price (10.87x), compared to the US market average (21.81x)
P/E vs Market Valuation
MMP is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more MMP due diligence checks available for Premium users.

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MMP News

Valuation

MMP price to earnings (PE)

For valuing profitable companies with steady earnings
Company
10.87x
Industry
21.39x
Market
21.81x
MMP is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MMP is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MMP price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
6.49x
Industry
2.18x
MMP is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MMP price to earnings growth (PEG)

For valuing profitable companies with growth potential
MMP is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

MMP's financial health

Profit margin

Revenue
$861.0M
Net Income
$187.0M
Profit Margin
21.7%
MMP's Earnings (EBIT) of $1.27B... subscribe to Premium to read more.
Interest Coverage Financials
MMP's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$7.7B
Liabilities
$6.0B
Debt to equity
3.58
MMP's short-term liabilities ($725.50M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MMP's long-term liabilities ($5.30B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MMP's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MMP's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$352.5M
Investing
-$45.7M
Financing
-$313.8M
MMP's operating cash flow ($1.14B)... subscribe to Premium to read more.
Debt Coverage Financials

MMP vs Oil & Gas Midstream Stocks

TickerMarket Cap1d %P/EP/B
MMP$10.94B+1.78%10.87x6.49x
WES$9.93B+1.50%8.57x3.34x
DTM$9.61B+0.58%12.74x2.40x
DCP$8.70B0.00%8.86x1.45x
PAA$8.61B+1.65%10.36x0.86x

Magellan Midstream Partners Stock FAQ

What is Magellan Midstream Partners's quote symbol?

NYSE: MMP) Magellan Midstream Partners trades on the NYSE under the ticker symbol MMP. Magellan Midstream Partners stock quotes can also be displayed as NYSE: MMP.

If you're new to stock investing, here's how to buy Magellan Midstream Partners stock.

What is the 52 week high and low for Magellan Midstream Partners (NYSE: MMP)?

(NYSE: MMP) Magellan Midstream Partners's 52-week high was $60.55, and its 52-week low was $44.79. It is currently -11.11% from its 52-week high and 20.16% from its 52-week low.

How much is Magellan Midstream Partners stock worth today?

(NYSE: MMP) Magellan Midstream Partners currently has 203,293,822 outstanding shares. With Magellan Midstream Partners stock trading at $53.82 per share, the total value of Magellan Midstream Partners stock (market capitalization) is $10.94B.

Magellan Midstream Partners stock was originally listed at a price of $7.75 in Mar 19, 2001. If you had invested in Magellan Midstream Partners stock at $7.75, your return over the last 22 years would have been 594.45%, for an annualized return of 9.21% (not including any dividends or dividend reinvestments).

How much is Magellan Midstream Partners's stock price per share?

(NYSE: MMP) Magellan Midstream Partners stock price per share is $53.82 today (as of Mar 29, 2023).

What is Magellan Midstream Partners's Market Cap?

(NYSE: MMP) Magellan Midstream Partners's market cap is $10.94B, as of Mar 31, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Magellan Midstream Partners's market cap is calculated by multiplying MMP's current stock price of $53.82 by MMP's total outstanding shares of 203,293,822.
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