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    Magellan Midstream Partners LP (MMP)

    69.56 Down 0.25(0.36%) 2:40PM EDT - Nasdaq Real Time Price
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    Magellan Midstream Partners LP
    One Williams Center
    Tulsa, OK 74172
    United States - Map
    Phone: 918-574-7000
    Website: http://www.magellanlp.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Pipelines
    Full Time Employees:1,565

    Business Summary 

    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 in three segments: Refined Products, Crude Oil, and Marine Storage. The company operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; leases pipeline and storage tank capacity to shippers; and provides services, including terminalling, ethanol and biodiesel loading and unloading, additive injection, custom blending, laboratory testing, and data services. It also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners and other end-users of petroleum products. As of December 31, 2014, the company had 9,500-mile refined products pipeline system with 53 terminals, as well as 27 independent terminals; 1,100-mile ammonia pipeline system; approximately 1,600 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 21 million barrels; and 5 marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels. The company was founded in 2000 and is headquartered in Tulsa, Oklahoma.

    Key Statistics

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    Key Executives 
    Mr. Michael N. Mears , 52
    Chairman of Magellan GP LLC, Chief Exec. Officer of Magellan GP LLC and Pres of Magellan GP LLC
    Mr. Douglas J. May , 44
    Sr. VP of Magellan GP LLC, Gen. Counsel of Magellan GP LLC, Compliance & Ethics Officer of Magellan GP LLC and Assistant Sec. of Magellan GP LLC
    Mr. Brett C. Riley , 45
    Sr. VP of Bus. Devel. of Magellan GP LLC
    Mr. Jeffrey R. Selvidge , 54
    Sr. VP of Commercial - Magellan GP LLC
    Mr. Aaron L. Milford ,
    Chief Financial Officer of Magellan GP LLC and Sr. VP of Magellan GP LLC
    Mr. Larry J. Davied , 57
    Sr. VP of Operations and Technical Services of Magellan GP LLC
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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