Last 7 days
1.1%
Last 30 days
4.8%
Last 90 days
16.0%
Trailing 12 Months
42.3%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-01-24 | Joung Chansoo | acquired | 135,034 | 50.18 | 2,691 | - |
2023-01-24 | Roles Mark B | acquired | 115,935 | 50.21 | 2,309 | senior vice president |
2023-01-24 | Krshka Kyle T | acquired | 85,005 | 50.21 | 1,693 | senior vice president |
2023-01-24 | MONTAGUE JAMES R | acquired | 135,034 | 50.18 | 2,691 | - |
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 | Krshka Kyle T | sold (taxes) | -29,322 | 50.21 | -584 | senior vice president |
2023-01-24 | PEARL BARRY R | acquired | 135,034 | 50.18 | 2,691 | - |
2023-01-24 | Methvin Stacy P. | acquired | 135,034 | 50.18 | 2,691 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -4.41 | 4,373,000 | 49,057,000 | 0.03% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 16,120 | 124,640 | 0.03% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 324,064 | 324,064 | 0.02% |
2023-09-05 | SILVIA MCCOLL WEALTH MANAGEMENT, LLC | unchanged | - | 80,842 | 625,070 | 0.58% |
2023-08-30 | Western Wealth Management, LLC | reduced | -1.69 | 88,552 | 774,475 | 0.07% |
2023-08-24 | ProVise Management Group, LLC | reduced | -9.72 | 38,713 | 1,089,950 | 0.10% |
2023-08-23 | Stonebridge Capital Advisors LLC | reduced | -0.63 | 36,302 | 293,276 | 0.03% |
2023-08-22 | Old North State Trust, LLC | sold off | -100 | -109,000 | - | -% |
2023-08-22 | Segment Wealth Management, LLC | unchanged | - | 97,002 | 750,021 | 0.08% |
2023-08-22 | Asset Dedication, LLC | added | 107 | 12,000 | 21,000 | -% |
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 |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 25, 2023 | 25-NSE | 25-NSE | |
Sep 25, 2023 | 8-K | Current Report | |
Sep 22, 2023 | 425 | Prospectus Filed | |
Sep 22, 2023 | 8-K | Current Report | |
Sep 18, 2023 | PX14A6G | PX14A6G | |
Sep 14, 2023 | 8-K | Current Report | |
Sep 14, 2023 | DEFA14A | DEFA14A | |
Sep 13, 2023 | DEFA14A | DEFA14A | |
Sep 13, 2023 | PX14A6G | PX14A6G | |
Sep 11, 2023 | DEFA14A | DEFA14A |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ENB | 69.7B | 47.5B | 0.17% | -7.97% | 16.88 | 1.47 | -9.08% | -22.60% |
ET | 40.6B | 80.8B | 6.46% | 39.03% | 8.97 | 1.48 | -1.23% | 0.82% |
KMI | 37.3B | 17.1B | -3.40% | 2.92% | 14.87 | 2.18 | -3.10% | 3.16% |
MPLX | 34.3B | 11.5B | 1.06% | 23.17% | 8.45 | 2.93 | 5.75% | 23.65% |
MMP | 12.8B | 3.5B | 4.83% | 42.31% | 12.39 | 3.78 | 19.66% | 2.99% |
MID-CAP | ||||||||
PAA | 9.4B | 51.2B | 3.23% | 49.83% | 7.41 | 0.17 | -4.81% | 74.39% |
DKL | 2.0B | 1.1B | 4.45% | -9.47% | 13.01 | 1.9 | 42.53% | -0.22% |
HEP | - | 574.6M | 2.55% | 37.23% | - | - | 15.60% | 8.47% |
PAGP | - | 51.2B | 2.32% | 51.00% | - | - | -4.81% | 105.31% |
SMALL-CAP | ||||||||
NS | 1.9B | 308.0M | 6.99% | 35.60% | 8.53 | 8.41 | 145.69% | 7305.10% |
SMLP | - | 384.8M | -3.11% | -1.48% | - | - | -2.94% | 38.53% |
PBFX | 1.2B | - | -5.36% | 88.83% | 8.18 | 3.45 | - | - |
8.1%
6.3%
7.2%
33.2%
41.9%
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.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 2.6% | 3,484 | 3,395 | 3,200 | 3,149 | 2,912 | 2,777 | 2,733 | 2,482 | 2,419 | 2,205 | 2,322 | 2,412 | 2,493 | 2,755 | 2,601 | 2,853 | 2,834 | 2,777 | 2,827 | 2,634 | 2,569 |
Costs and Expenses | 0.8% | 2,347 | 2,327 | 2,245 | 2,144 | 2,022 | 1,873 | 1,784 | 1,589 | 1,542 | 1,393 | 1,470 | 1,489 | 1,522 | 1,678 | 1,602 | 1,801 | 1,811 | 1,795 | 1,813 | 1,684 | 1,662 |
S&GA Expenses | 7.4% | 256 | 238 | 241 | 235 | 224 | 223 | 206 | 204 | 195 | 181 | 171 | 161 | 174 | 185 | 194 | 197 | 193 | 194 | 194 | 192 | 182 |
EBITDA | -100.0% | - | 1,495 | 1,385 | 1,371 | 1,267 | 1,343 | 1,391 | 1,335 | 1,329 | 1,194 | 1,268 | 1,411 | 1,456 | 1,566 | 1,490 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.44* | 0.43* | 0.44* | 0.44* | 0.48* | 0.51* | 0.55* | 0.56* | 0.52* | 0.55* | 0.55* | 0.55* | 0.54* | 0.55* | - | - | - | - | - | - |
Interest Expenses | -0.3% | 230 | 230 | 230 | 230 | 229 | 228 | 228 | 226 | 223 | 235 | 234 | 235 | 235 | 217 | 221 | 218 | 219 | 224 | 221 | 225 | 221 |
Earnings Before Taxes | 6.0% | 1,032 | 974 | 862 | 908 | 801 | 884 | 935 | 879 | 863 | 728 | 791 | 877 | 945 | 1,069 | 989 | 1,047 | 1,370 | 1,331 | 1,334 | 1,263 | 866 |
EBT Margin | -100.0% | - | 0.29* | 0.27* | 0.29* | 0.27* | 0.32* | 0.34* | 0.36* | 0.36* | 0.32* | 0.34* | 0.36* | 0.37* | 0.38* | 0.37* | - | - | - | - | - | - |
Net Income | -10.1% | 1,030 | 1,145 | 1,036 | 1,093 | 1,000 | 926 | 982 | 922 | 897 | 751 | 817 | 919 | 981 | 1,101 | 1,021 | 1,048 | 1,370 | 1,331 | 1,334 | 1,258 | 862 |
Net Income Margin | -100.0% | - | 0.34* | 0.32* | 0.35* | 0.34* | 0.33* | 0.36* | 0.38* | 0.38* | 0.33* | 0.35* | 0.36* | 0.37* | 0.38* | 0.37* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 1,218 | 966 | 934 | 833 | 893 | 1,048 | 972 | 911 | 666 | 668 | 641 | 576 | 588 | 376 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.8% | 7,629 | 7,567 | 7,708 | 7,814 | 7,792 | 8,111 | 8,030 | 8,047 | 8,293 | 8,248 | 8,197 | 8,140 | 8,105 | 8,185 | 8,438 | 8,392 | 8,005 | 7,845 | 7,748 | 7,596 | 7,538 |
Current Assets | 23.1% | 737 | 599 | 711 | 718 | 670 | 951 | 843 | 799 | 1,022 | 478 | 405 | 341 | 317 | 427 | 459 | 568 | 407 | 438 | 646 | 672 | 426 |
Cash Equivalents | 1635.1% | 128 | 7.00 | 2.00 | 8.00 | 11.00 | 11.00 | 9.00 | 20.00 | 266 | 13.00 | 22.00 | 20.00 | 9.00 | 150 | 85.00 | 191 | 31.00 | 51.00 | 309 | 260 | 104 |
Net PPE | 0.1% | 5,826 | 5,821 | 5,830 | 5,852 | 5,870 | 5,887 | 5,905 | 5,932 | 5,939 | 6,226 | 5,987 | 6,283 | 6,272 | 6,247 | 6,404 | 6,264 | 6,090 | 5,926 | 5,798 | 5,735 | 5,660 |
Goodwill | 0% | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 | 53.00 | 50.00 | 53.00 | 53.00 | 53.00 | 51.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 |
Current Liabilities | 10.2% | 681 | 618 | 726 | 717 | 689 | 636 | 680 | 657 | 642 | 561 | 559 | 532 | 521 | 1,140 | 667 | 681 | 618 | 623 | 677 | 1,127 | 783 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 551 | - | - | - | - | 59.00 | 553 | 250 |
LT Debt, Non Current | 0.0% | 4,984 | 4,984 | 5,015 | 5,011 | 5,001 | 5,317 | 5,089 | 5,103 | 4,980 | 4,996 | 4,979 | 4,900 | 4,793 | 4,155 | 4,706 | 4,706 | 4,408 | 4,280 | 4,211 | 3,719 | 4,392 |
Accumulated Depreciation | 2.2% | 2,441 | 2,388 | 2,334 | 2,285 | 2,239 | 2,195 | 2,141 | 2,089 | 2,048 | 2,144 | 1,957 | 2,036 | 1,971 | 1,919 | 2,027 | 1,984 | 1,935 | 1,883 | 1,830 | 1,836 | 1,783 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 7.7% | 1,500 | 1,392 | 1,141 | 1,106 | 1,000 | 1,056 | 1,196 | 1,146 | 1,137 | 963 | 1,108 | 1,238 | 1,313 | 1,498 | 1,320 | 1,412 | 1,359 | 1,282 | 1,353 | 1,181 | 1,112 |
Share Based Compensation | -2.3% | 30.00 | 31.00 | 39.00 | 35.00 | 35.00 | 32.00 | 22.00 | 22.00 | 18.00 | 17.00 | 12.00 | 7.00 | 13.00 | 19.00 | 24.00 | 30.00 | 31.00 | 30.00 | 32.00 | 31.00 | 27.00 |
Cashflow From Investing | -165.5% | -181 | 277 | 274 | 278 | 282 | 103 | 118 | 71.00 | 17.00 | -362 | -199 | -381 | -522 | -652 | -1,006 | -955 | -298 | -180 | -119 | -56.46 | -583 |
Cashflow From Financing | 28.0% | -1,201 | -1,668 | -1,417 | -1,390 | -1,537 | -1,160 | -1,327 | -1,217 | -897 | -737 | -970 | -1,027 | -812 | -746 | -538 | -525 | -1,133 | -1,124 | -1,100 | -866 | -429 |
Buy Backs | -34.3% | 313 | 477 | 463 | 427 | 680 | 573 | 523 | 498 | 157 | 75.00 | 277 | 252 | 202 | 202 | - | - | - | - | - | - | - |
Consolidated Statements Of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Total revenue | $ 877.2 | $ 788.6 | $ 1,746.9 | $ 1,463.3 |
Costs and expenses: | ||||
Operating | 170.1 | 180.1 | 304.0 | 304.3 |
Cost of product sales | 296.4 | 282.3 | 616.5 | 525.7 |
Depreciation, amortization and impairment | 56.6 | 58.8 | 112.4 | 116.5 |
General and administrative | 74.5 | 56.9 | 134.9 | 119.7 |
Total costs and expenses | 597.6 | 578.1 | 1,167.8 | 1,066.2 |
Other operating income (expense) | (0.5) | 3.0 | 5.3 | 1.0 |
Earnings of non-controlled entities | 15.9 | 26.5 | 42.1 | 61.9 |
Operating profit | 295.0 | 240.0 | 626.5 | 460.0 |
Interest expense | 57.2 | 57.8 | 114.9 | 115.1 |
Interest capitalized | (0.9) | (0.3) | (1.5) | (0.7) |
Interest income | (1.5) | (0.2) | (2.5) | (0.3) |
Gain on disposition of assets | (1.1) | 0.0 | (1.1) | (0.2) |
Other (income) expense | 1.0 | 0.6 | 1.6 | 1.2 |
Income from continuing operations before provision for income taxes | 240.3 | 182.1 | 515.1 | 344.9 |
Provision for income taxes | 1.6 | 0.3 | 2.5 | 1.1 |
Income from continuing operations | 238.7 | 181.8 | 512.6 | 343.8 |
Income from discontinued operations (including gain on disposition of assets of $162.4 million in June 2022) | 0.0 | 172.1 | 0.0 | 175.6 |
Net income | $ 238.7 | $ 353.9 | $ 512.6 | $ 519.4 |
Earnings per common unit | ||||
Basic income from continuing operations per common unit (in dollars per share) | $ 1.18 | $ 0.86 | $ 2.52 | $ 1.62 |
Basic income from discontinued operations per common unit (in dollars per share) | 0 | 0.81 | 0 | 0.83 |
Basic net income per common unit (in dollars per share) | $ 1.18 | $ 1.67 | $ 2.52 | $ 2.45 |
Weighted average number of common units outstanding used for basic net income per unit calculation (in shares) | 202.9 | 211.6 | 203.4 | 212.3 |
Diluted income from continuing operations per common unit (in dollars per share) | $ 1.18 | $ 0.86 | $ 2.52 | $ 1.62 |
Diluted income from discontinued operations per common unit (in dollars per share) | 0 | 0.81 | 0 | 0.83 |
Diluted net income per common unit (in dollars per share) | $ 1.18 | $ 1.67 | $ 2.52 | $ 2.45 |
Weighted average number of common units outstanding used for diluted net income per unit calculation (in shares) | 203.1 | 211.7 | 203.5 | 212.3 |
Transportation and terminals revenue | ||||
Total revenue | $ 503.2 | $ 469.3 | $ 957.3 | $ 892.2 |
Product sales revenue | ||||
Total revenue | 368.7 | 313.7 | 778.8 | 559.8 |
Affiliate management fee revenue | ||||
Total revenue | $ 5.3 | $ 5.6 | $ 10.8 | $ 11.3 |
Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 128.4 | $ 2.0 |
Trade accounts receivable | 169.5 | 219.9 |
Other accounts receivable | 34.8 | 44.4 |
Inventories | 330.1 | 356.2 |
Commodity derivatives contracts, net | 6.1 | 6.5 |
Commodity derivatives deposits | 16.2 | 14.8 |
Assets held for sale | 9.9 | 9.9 |
Other current assets | 42.3 | 56.8 |
Total current assets | 737.3 | 710.5 |
Property, plant and equipment | 8,266.9 | 8,163.9 |
Less: accumulated depreciation | 2,440.7 | 2,333.6 |
Net property, plant and equipment | 5,826.2 | 5,830.3 |
Investments in non-controlled entities | 859.3 | 894.0 |
Right-of-use asset, operating leases | 95.4 | 149.4 |
Long-term receivables | 8.1 | 8.3 |
Goodwill | 50.4 | 50.4 |
Other intangibles (less accumulated amortization of $14.7 and $16.1 at December 31, 2022 and June 30, 2023, respectively) | 39.6 | 41.0 |
Restricted cash | 0.0 | 4.9 |
Other noncurrent assets | 12.9 | 18.9 |
Total assets | 7,629.2 | 7,707.7 |
Current liabilities: | ||
Accounts payable | 137.7 | 108.2 |
Accrued payroll and benefits | 54.2 | 76.8 |
Accrued interest payable | 59.0 | 59.0 |
Accrued taxes other than income | 65.3 | 86.0 |
Deferred revenue | 94.1 | 103.9 |
Accrued product liabilities | 209.6 | 209.3 |
Commodity derivatives contracts, net | 13.2 | 15.4 |
Current portion of operating lease liability | 21.3 | 31.0 |
Other current liabilities | 26.7 | 35.9 |
Total current liabilities | 681.1 | 725.5 |
Long-term debt, net | 4,984.1 | 5,015.0 |
Long-term operating lease liability | 76.7 | 116.9 |
Long-term pension and benefits | 91.6 | 87.4 |
Other noncurrent liabilities | 81.2 | 78.0 |
Commitments and contingencies | ||
Partners’ capital: | ||
Common unitholders (203.0 units and 202.1 units outstanding at December 31, 2022 and June 30, 2023, respectively) | 1,808.4 | 1,778.8 |
Accumulated other comprehensive loss | (93.9) | (93.9) |
Total partners’ capital | 1,714.5 | 1,684.9 |
Total liabilities and partners’ capital | $ 7,629.2 | $ 7,707.7 |