Last 7 days
5.9%
Last 30 days
2.2%
Last 90 days
8.2%
Trailing 12 Months
16.4%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ENB | 77.3B | 53.3B | 1.49% | -13.95% | 25.73 | 1.45 | 13.25% | -51.48% |
ET | 40.6B | 89.9B | -1.74% | 17.21% | 8.97 | 1.48 | 33.31% | -13.05% |
KMI | 39.4B | 19.2B | 1.41% | -5.12% | 15.45 | 2.05 | 15.59% | 42.83% |
MPLX | 34.6B | 11.6B | -0.40% | 8.82% | 8.76 | 2.98 | 15.82% | 28.18% |
MMP | 11.1B | 3.2B | 2.22% | 16.39% | 10.73 | 3.47 | 17.10% | 5.54% |
MID-CAP | ||||||||
PAA | 8.7B | 57.3B | -6.49% | 21.31% | 8.34 | 0.15 | 36.28% | 74.87% |
SHLX | 6.2B | 497.0M | -0.06% | 40.52% | 11.59 | 12.52 | -5.69% | -8.83% |
PAGP | 2.4B | 57.3B | -6.25% | 19.71% | 21.35 | 0.04 | 36.28% | 180.00% |
HEP | 2.4B | 547.5M | -3.26% | 5.24% | 11.92 | 4.83 | 10.71% | 0.85% |
DKL | 2.1B | 1.0B | -2.32% | 19.82% | 13.47 | 2.07 | 47.87% | -3.50% |
SMALL-CAP | ||||||||
NS | 1.7B | 226.0M | 0.06% | 14.38% | 7.74 | 7.62 | 436.62% | 482.73% |
PBFX | 1.2B | 361.7M | -5.36% | 88.83% | 8.18 | 3.45 | 1.81% | 7.56% |
SMLP | 202.8M | 369.6M | -8.63% | 0.99% | -1.71 | 0.51 | -7.74% | -284.00% |
BKEP | 193.9M | 118.6M | 1.54% | 47.16% | 5.61 | 1.64 | 4.33% | -53.34% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 1.6% | 3,200 | 3,149 | 2,912 | 2,777 | 2,733 |
S&GA Expenses | 2.3% | 241 | 235 | 224 | 223 | 206 |
Costs and Expenses | 4.7% | 2,245 | 2,144 | 2,022 | 1,873 | 1,784 |
EBITDA | 1.0% | 1,385 | 1,371 | 1,267 | 1,343 | - |
EBITDA Margin | -0.7% | 0.43* | 0.44* | 0.44* | 0.48* | - |
Earnings Before Taxes | -5.1% | 862 | 908 | 801 | 884 | 935 |
EBT Margin | -6.6% | 0.27* | 0.29* | 0.27* | 0.32* | - |
Interest Expenses | 0.1% | 230 | 230 | 229 | 228 | 228 |
Net Income | -5.2% | 1,036 | 1,093 | 1,000 | 926 | 982 |
Net Income Margin | -6.7% | 0.32* | 0.35* | 0.34* | 0.33* | - |
Free Cahsflow | 3.4% | 966 | 934 | 833 | 893 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -1.4% | 7,708 | 7,814 | 7,792 | 8,111 | 8,030 |
Current Assets | -1.0% | 711 | 718 | 670 | 951 | 843 |
Cash Equivalents | -75.3% | 2.00 | 8.00 | 5.00 | 5.00 | 2.00 |
Net PPE | -0.4% | 5,830 | 5,852 | 5,870 | 5,887 | 5,905 |
Goodwill | 0% | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 |
Current Liabilities | 1.2% | 726 | 717 | 689 | 636 | 680 |
LT Debt, Non Current | 0.1% | 5,015 | 5,011 | 5,001 | 5,317 | 5,089 |
Accumulated Depreciation | 2.1% | 2,334 | 2,285 | 2,239 | 2,195 | 2,141 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 3.2% | 1,141 | 1,106 | 1,000 | 1,056 | 1,196 |
Share Based Compensation | 10.3% | 39.00 | 35.00 | 35.00 | 32.00 | 22.00 |
Cashflow From Investing | -1.3% | 274 | 278 | 282 | 103 | 118 |
Cashflow From Financing | -2.0% | -1,417 | -1,390 | -1,537 | -1,160 | -1,327 |
Buy Backs | 8.3% | 463 | 427 | 680 | 573 | 523 |
51.5%
19.6%
19.2%
Y-axis is the maximum loss one would have experienced if Magellan Midstream Partners was unfortunately bought at previous high price.
6.3%
3.4%
6.2%
27.9%
FIve years rolling returns for Magellan Midstream Partners.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-17 | American Portfolios Advisors | reduced | -7.46 | -23,510 | 272,090 | 0.01% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -4.01 | 69,120 | 4,912,120 | 0.14% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.05 | 61,801 | 1,159,800 | -% |
2023-03-10 | MATHER GROUP, LLC. | new | - | 243,519 | 243,519 | -% |
2023-03-08 | SHEETS SMITH WEALTH MANAGEMENT | added | 0.41 | 89,468 | 1,546,470 | 0.24% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 41.47 | 838,000 | 2,527,000 | 0.01% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 130,546 | 130,546 | -% |
2023-03-01 | Meixler Investment Management, Ltd. | reduced | -42.58 | -315,218 | 485,782 | 0.49% |
2023-03-01 | Lakewood Asset Management LLC | new | - | 45,000 | 45,000 | 0.04% |
2023-02-27 | ST GERMAIN D J CO INC | unchanged | - | -252,734 | 266 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | alps advisors inc | 6.43% | 13,179,330 | SC 13G/A | |
Feb 02, 2023 | invesco ltd. | 3.9% | 7,921,929 | SC 13G/A | |
Feb 14, 2022 | invesco ltd. | 5.0% | 10,715,196 | SC 13G | |
Feb 03, 2022 | alps advisors inc | 5.19% | 11,066,959 | SC 13G/A | |
Feb 12, 2021 | tortoise capital advisors, l.l.c. | 3.9% | 8,839,974 | SC 13G/A | |
Feb 14, 2020 | tortoise capital advisors, l.l.c. | 7.4% | 16,920,669 | SC 13G | |
Feb 07, 2020 | alps advisors inc | 5.52% | 12,600,650 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 41.07 -24.31% | 56.09 3.37% | 83.23 53.39% | 114.44 110.91% | 143.03 163.60% |
Current Inflation | 38.58 -28.90% | 50.90 -6.19% | 73.52 35.50% | 100.09 84.46% | 124.06 128.64% |
Very High Inflation | 35.40 -34.76% | 44.60 -17.80% | 62.15 14.54% | 83.45 53.80% | 102.26 88.46% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 02, 2023 | 3 | Insider Trading | |
Feb 23, 2023 | ARS | ARS | |
Feb 21, 2023 | 10-K | Annual Report | |
Feb 21, 2023 | DEF 14A | DEF 14A | |
Feb 21, 2023 | DEFA14A | DEFA14A | |
Feb 16, 2023 | 4 | Insider Trading | |
Feb 16, 2023 | 4 | Insider Trading | |
Feb 16, 2023 | 4 | Insider Trading | |
Feb 16, 2023 | 4 | Insider Trading | |
Feb 16, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-01-24 | Aaronson Michael | sold (taxes) | -275,402 | 50.21 | -5,485 | executive vice president |
2023-01-24 | Korner Lisa J | acquired | 662,973 | 50.21 | 13,204 | senior vice president |
2023-01-24 | Krshka Kyle T | acquired | 85,005 | 50.21 | 1,693 | senior vice president |
2023-01-24 | Korner Lisa J | sold (taxes) | -199,283 | 50.21 | -3,969 | senior vice president |
2023-01-24 | Roles Mark B | acquired | 115,935 | 50.21 | 2,309 | senior vice president |
2023-01-24 | Krshka Kyle T | sold (taxes) | -29,322 | 50.21 | -584 | senior vice president |
2023-01-24 | May Douglas J | sold (taxes) | -206,413 | 50.21 | -4,111 | senior vice president |
2023-01-24 | Aaronson Michael | acquired | 610,453 | 50.21 | 12,158 | executive vice president |
2023-01-24 | PEARL BARRY R | acquired | 135,034 | 50.18 | 2,691 | - |
2023-01-24 | MONTAGUE JAMES R | acquired | 135,034 | 50.18 | 2,691 | - |
Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Total revenue | $ 3,200.4 | $ 2,733.1 | $ 2,322.0 |
Other operating income (expense) | 5.3 | 2.8 | 0.1 |
Earnings of non-controlled entities | 147.4 | 154.4 | 153.3 |
Costs and expenses: | |||
Operating | 592.1 | 569.7 | 587.8 |
Cost of product sales | 1,119.4 | 780.0 | 468.2 |
Depreciation, amortization and impairment | 292.8 | 227.9 | 243.1 |
General and administrative | 240.7 | 206.3 | 171.2 |
Total costs and expenses | 2,245.0 | 1,783.9 | 1,470.3 |
Operating profit | 1,108.1 | 1,106.4 | 1,005.1 |
Interest expense | 229.8 | 228.1 | 234.1 |
Interest capitalized | (1.8) | (1.7) | (11.3) |
Interest income | (1.2) | (0.5) | (1.0) |
Gain on disposition of assets | (0.9) | (75.0) | (12.9) |
Other (income) expense | 20.3 | 20.9 | 5.2 |
Income from continuing operations before provision for income taxes | 861.9 | 934.6 | 791.0 |
Provision for income taxes | 2.7 | 2.3 | 2.9 |
Income from continuing operations | 859.2 | 932.3 | 788.1 |
Income from discontinued operations (including gain on disposition of assets of $164.0 million in 2022) | 177.2 | 49.7 | 28.9 |
Net income | $ 1,036.4 | $ 982.0 | $ 817.0 |
Earnings per common unit - Basic | |||
Continuing operations (in dollars per share) | $ 4.10 | $ 4.24 | $ 3.49 |
Discontinued operations (in dollars per share) | 0.85 | 0.23 | 0.13 |
Net income per common unit (in dollars per share) | 4.95 | 4.47 | 3.62 |
Earnings per common unit - Diluted | |||
Continuing operations (in dollars per share) | 4.10 | 4.24 | 3.49 |
Discontinued operations (in dollars per share) | 0.85 | 0.23 | 0.13 |
Net income per common unit (in dollars per share) | $ 4.95 | $ 4.47 | $ 3.62 |
Weighted average number of common units outstanding used for basic net income per unit calculation (in shares) | 209.4 | 219.6 | 225.5 |
Weighted average number of common units outstanding used for diluted net income per unit calculation (in shares) | 209.6 | 219.8 | 225.5 |
Transportation and terminals revenue | |||
Total revenue | $ 1,875.8 | $ 1,798.9 | $ 1,743.3 |
Product sales revenue | |||
Total revenue | 1,302.4 | 913.0 | 557.5 |
Affiliate management fee revenue | |||
Total revenue | $ 22.2 | $ 21.2 | $ 21.2 |
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 2.0 | $ 2.0 |
Trade accounts receivable | 219.9 | 135.2 |
Other accounts receivable | 44.4 | 34.6 |
Inventories | 356.2 | 281.1 |
Commodity derivatives contracts, net | 6.5 | 1.4 |
Commodity derivatives deposits | 14.8 | 46.3 |
Assets held for sale | 9.9 | 299.5 |
Other current assets | 56.8 | 43.1 |
Total current assets | 710.5 | 843.2 |
Property, plant and equipment | 8,163.9 | 8,045.9 |
Less: accumulated depreciation | 2,333.6 | 2,141.2 |
Net property, plant and equipment | 5,830.3 | 5,904.7 |
Investments in non-controlled entities | 894.0 | 980.8 |
Right-of-use asset, operating leases | 149.4 | 174.2 |
Long-term receivables | 8.3 | 10.1 |
Goodwill | 50.4 | 50.1 |
Other intangibles (less accumulated amortization of $11.9 and $14.7 at December 31, 2021 and 2022, respectively) | 41.0 | 43.2 |
Restricted cash | 4.9 | 7.0 |
Other noncurrent assets | 18.9 | 16.7 |
Total assets | 7,707.7 | 8,030.0 |
Current liabilities: | ||
Accounts payable | 108.2 | 109.5 |
Accrued payroll and benefits | 76.8 | 74.9 |
Accrued interest payable | 59.0 | 59.0 |
Accrued taxes other than income | 86.0 | 76.5 |
Deferred revenue | 103.9 | 92.5 |
Accrued product liabilities | 209.3 | 153.5 |
Commodity derivatives contracts, net | 15.4 | 18.6 |
Current portion of operating lease liability | 31.0 | 25.8 |
Liabilities held for sale | 0.0 | 15.8 |
Other current liabilities | 35.9 | 53.5 |
Total current liabilities | 725.5 | 679.6 |
Long-term debt, net | 5,015.0 | 5,088.8 |
Long-term operating lease liability | 116.9 | 147.3 |
Long-term pension and benefits | 87.4 | 145.0 |
Other noncurrent liabilities | 78.0 | 69.5 |
Commitments and contingencies | ||
Partners’ capital: | ||
Common unitholders (212.4 units and 203.0 units outstanding at December 31, 2021 and 2022, respectively) | 1,778.8 | 2,054.8 |
Accumulated other comprehensive loss | (93.9) | (155.0) |
Total partners’ capital | 1,684.9 | 1,899.8 |
Total liabilities and partners’ capital | $ 7,707.7 | $ 8,030.0 |