More on Magellan Midstream's (MMP) Q3 results: Distributable cash flow rose 7% to $100.7M...

|About: Magellan Midstream Partners... (MMP)|By:, SA News Editor

More on Magellan Midstream's (MMPQ3 results: Distributable cash flow rose 7% to $100.7M vs. $94M in Q3 a year ago. Raises 2012 DCF guidance by $5M to ~$525M and remains committed to its goal of increasing cash distributions by 18% for 2012 and an additional 10% for 2013. Estimates net income per limited partner unit of $1.93 for 2012, resulting in Q4 guidance of $0.68.