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Magellan Midstream Partners, L.P. (MMP)

NYSE - Nasdaq Real Time Price. Currency in USD
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46.03+0.58 (+1.29%)
As of 1:11PM EDT. Market open.

Magellan Midstream Partners, L.P.

One Williams Center
P.O. Box 22186
Tulsa, OK 74121-2186
United States
918-574-7000
http://www.magellanlp.com

Sector(s)Energy
IndustryOil & Gas Midstream
Full Time Employees1,720

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael N. MearsChairman, Pres & CEO of Magellan GP LLC2.17MN/A1963
Mr. Jeffrey L. HolmanSr. VP, CFO & Treasurer of Magellan GP LLC862.49kN/A1971
Mr. Aaron L. MilfordChief Operating Officer of Magellan GP LLC1.13MN/A1974
Ms. Lisa J. KornerSr. VP of HR & Admin. - Magellan GP LLC743.71kN/A1961
Mr. Douglas J. MaySr. VP, Gen. Counsel, Compliance & Ethics Officer and Asst. Sec. of Magellan GP LLC769.84kN/A1971
Mr. Michael C. PearsonSr. VP of Technical Services - Magellan GP LLCN/AN/A1963
Ms. Paula FarrellAssociate VP of Investor Relations, Magellan GP LLCN/AN/AN/A
Mr. Robert L. BarnesSr. VP of Commercial for Crude Oil - Magellan GP LLCN/AN/A1965
Mr. Michael J. AaronsonSr. VP of Bus. Devel. - Magellan GP LLCN/AN/A1975
Ms. Melanie A. LittleSr. VP of Operations & EHS&S- Magellan GP LLCN/AN/A1971
Amounts are as of December 31, 2020 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.

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 through Refined Products and Crude Oil segments. It operates refined products pipeline that transports gasoline, diesel fuel, 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. The company 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, Magellan Midstream Partners, L.P. 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, marketers, traders, and other end users of petroleum products. As of December 31, 2019, it had 9,800-mile refined products pipeline system with 54 terminals, as well as 25 independent terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 37 million barrels; and 2 marine terminals. Magellan Midstream Partners, L.P. was founded in 2000 and is headquartered in Tulsa, Oklahoma.

Corporate Governance

Magellan Midstream Partners, L.P.’s ISS Governance QualityScore as of April 1, 2021 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.