Is MMP a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

2,910 people get MMP articles and Market Currents by email alert.

Get email alerts on MMP »

HEADLINES:

Magellan Midstream to Present at 2013 Master Limited Partnership Investor Conference

PR Newswire (Mon, 9:00AM)
A Closer Look At Williams Partners' Distributable Cash Flow As Of Q1 2013
Ron Hiram • Sun, May 19 • 2 Comments
MLPs And Interest Rates, How Right Is Mr. Gundlach?
Philip Trinder • Fri, May 17 • 58 Comments
Time For Investors To Reassess Their MLP Holdings
Asean Century • Tue, May 14 • 25 Comments
A Closer Look At Buckeye Partners' Distributable Cash Flow As Of Q1 2013
Ron Hiram • Thu, May 9 • 1 Comment
A Closer Look At Boardwalk Pipeline Partners' Distributable Cash Flow As Of Q1 2013
Ron Hiram • Tue, May 7 • 3 Comments
Magellan Midstream Partners LP Management Discusses Q1 2013 Results - Earnings Call Transcript
Thu, May 2
Magellan Midstream Reports First-Quarter Financial Results, Increases Distributable Cash Flow Guidance for 2013

PR Newswire (May 2, 2013)
Plains All American Pipeline: How High Is Too High For This MLP?
Dividends & Income Daily • Tue, Apr 30 • 11 Comments
Magellan Midstream Increases Quarterly Cash Distribution to 50.75 Cents

PR Newswire (Apr 25, 2013)
Performance Comparison Of Selected MLPs
Ron Hiram • Wed, Apr 24 • 14 Comments
56 Dividend Contenders With Yields Double That Of 10-Year Treasuries
David Van Knapp • Wed, Apr 10 • 22 Comments
2 Long-Term Catalysts To Consider When It Comes To Plains All American, L.P.
Heather Ingrassia • Tue, Apr 9 • 12 Comments
A Closer Look At Magellan Midstream Partners' Distributable Cash Flow As Of 4Q 2012
Ron Hiram • Thu, Apr 4 • 5 Comments
Magellan Midstream to Announce First-Quarter Financial Results on May 2

PR Newswire (Apr 2, 2013)
Make Lotsa Profits With MLPs: Focus On 'Yield On Cost'
George Schneider • Mon, Apr 1 • 40 Comments
Intermediate Pipeline Companies: Going Bargain Hunting And Spotting The Black Sheep (Part II)
Value Digger • Wed, Mar 27 • 11 Comments
The Easiest Way I Know To Make Money In Stocks
StreetAuthority • Wed, Mar 20 • 9 Comments
Occidental Petroleum: A Solid Grower With A 3% Yield
Clayton Rulli • Fri, Mar 8 • 36 Comments
Magellan Midstream Partners' CEO Presents at Bank of America Merrill Lynch Refining Conference (Transcript)
Thu, Mar 7

To learn more about Seeking Alpha Pro, click here.

A Closer Look At Magellan Midstream Partners' Distributable Cash Flow As Of 4Q 2012
Ron Hiram • Thu, Apr 4 • 5 Comments
Expect Continued Growth From Magellan Midstream Partners
Albert Alfonso • Wed, Jan 2 • 10 Comments
Magellan Midstream Partners: A Tale Of Consistently Growing Distribution Payouts
Bret Jensen • Sat, Dec 15, 2012 • 19 Comments
A Closer Look At Magellan Midstream Partners' Distributable Cash Flow As Of 3Q 2012
Ron Hiram • Wed, Nov 7, 2012 • 13 Comments
Magellan Midstream Partners' Distributable Cash Flow As Of Q2 2012
Ron Hiram • Thu, Aug 16, 2012 • 5 Comments
Earnings Preview: Magellan Midstream Partners
Vytautas Drumelis • Tue, Jul 31, 2012 • 2 Comments
10 Year Proven Dividend Income Machine For Retirees
Todd Johnson • Sun, Jul 29, 2012 • 51 Comments
The Shrinking Yield At Magellan Midstream Partners
Stone Fox Capital • Wed, Jul 18, 2012 • 36 Comments
Magellan Midstream Partners Shifting Gears To Maintain Record Of Growth
Tim Plaehn • Tue, Jun 19, 2012 • 6 Comments
Bears Kill Magellan Again In Battle Of Mactan 2
Joe Springer • Sun, Jun 17, 2012 • 2 Comments
Magellan Midstream Partners: MLP With 5% Yield And 15% CAGR
David Zanoni • Thu, Jun 7, 2012 • 3 Comments
A Closer Look At Magellan Midstream Partners' Distributable Cash Flow As Of 1Q 2012
Ron Hiram • Tue, May 29, 2012 • 6 Comments
Gas Up Your Income Portfolio With This 5% Yielder
Bret Jensen • Sun, May 13, 2012 • 5 Comments
Magellan Midstream Partners' Strong Performance Should Continue
StreetAuthority • Wed, Mar 14, 2012 • 3 Comments
A Closer Look At Magellan Midstream Partners' 2011 Distributable Cash Flow
Ron Hiram • Mon, Mar 12, 2012 • 6 Comments
Magellan Midstream Partners LP: Wait For A Pullback
Tactical Investor • Fri, Mar 2, 2012
A Top Income Stock For 2012
StreetAuthority • Thu, Jan 19, 2012 • 5 Comments
Magellan Midstream Partners: Attractive Total Return Potential
Zacks Investment Research • Thu, Dec 15, 2011 • 1 Comment
Breaking Down the Alerian MLP Index: Magellan Midstream Partners
Mike Maher • Tue, Mar 8, 2011 • 3 Comments
Earnings Scorecard: Magellan Midstream Partners
Zacks Investment Research • Tue, Nov 16, 2010 • 1 Comment

A Closer Look At Williams Partners' Distributable Cash Flow As Of Q1 2013
Ron Hiram • Sun, May 19 • 2 Comments
MLPs And Interest Rates, How Right Is Mr. Gundlach?
Philip Trinder • Fri, May 17 • 58 Comments
Time For Investors To Reassess Their MLP Holdings
Asean Century • Tue, May 14 • 25 Comments
A Closer Look At Buckeye Partners' Distributable Cash Flow As Of Q1 2013
Ron Hiram • Thu, May 9 • 1 Comment
A Closer Look At Boardwalk Pipeline Partners' Distributable Cash Flow As Of Q1 2013
Ron Hiram • Tue, May 7 • 3 Comments
Plains All American Pipeline: How High Is Too High For This MLP?
Dividends & Income Daily • Tue, Apr 30 • 11 Comments
Performance Comparison Of Selected MLPs
Ron Hiram • Wed, Apr 24 • 14 Comments
56 Dividend Contenders With Yields Double That Of 10-Year Treasuries
David Van Knapp • Wed, Apr 10 • 22 Comments
2 Long-Term Catalysts To Consider When It Comes To Plains All American, L.P.
Heather Ingrassia • Tue, Apr 9 • 12 Comments
Make Lotsa Profits With MLPs: Focus On 'Yield On Cost'
George Schneider • Mon, Apr 1 • 40 Comments
Intermediate Pipeline Companies: Going Bargain Hunting And Spotting The Black Sheep (Part II)
Value Digger • Wed, Mar 27 • 11 Comments
The Easiest Way I Know To Make Money In Stocks
StreetAuthority • Wed, Mar 20 • 9 Comments
Occidental Petroleum: A Solid Grower With A 3% Yield
Clayton Rulli • Fri, Mar 8 • 36 Comments
A Closer Look At Inergy L.P.'s Distributable Cash Flow As Of 1Q FY2013
Ron Hiram • Mon, Feb 18 • 6 Comments
An Unexpected Surge In U.S. Condensate Production: From Eagle Ford To Canada
Oil and Gas Investments Bulletin • Fri, Feb 15 • 9 Comments
A Closer Look At Suburban Propane Partners' Distributable Cash Flow As Of 1QFY 2013
Ron Hiram • Mon, Feb 11 • 18 Comments
The Silver Bullets Of The North American Energy Transport Infrastructure (Part III)
Value Digger • Sun, Feb 3 • 31 Comments
Dividend Model Portfolios Performance Update: 2012 Dividends Received And Rebalancing Schedule
Jeff Paul • Sat, Feb 2 • 28 Comments
3 MLPs To Watch In 2013
Roger S. Conrad • Wed, Jan 23 • 9 Comments
Lessons Learned: A High-Income, Low-Risk Portfolio - 2012 Review
Bob Johnson • Thu, Jan 17 • 90 Comments

Magellan Midstream Partners LP Management Discusses Q1 2013 Results - Earnings Call Transcript
Thu, May 2
Magellan Midstream Partners' CEO Presents at Bank of America Merrill Lynch Refining Conference (Transcript)
Thu, Mar 7
Magellan Midstream Partners' CEO Discusses Q4 2012 Results - Earnings Call Transcript
Tue, Feb 5
Magellan Midstream Partners' CEO Discusses Q3 2012 Earnings Results - Earnings Call Transcript
Wed, Oct 31, 2012 • 2 Comments
Magellan Midstream Partners LP Management Discusses Q2 2012 Results - Earnings Call Transcript
Wed, Aug 1, 2012
Magellan Midstream Partners CEO Discusses Q3 2010 Results - Earnings Call Transcript
Tue, Nov 2, 2010
Magellan Midstream Partners Q2 2010 Earnings Call Transcript
Sun, Aug 8, 2010
Magellan Midstream Partners, L.P. Q1 2010 Earnings Call Transcript
Tue, May 4, 2010
Magellan Midstream Partners, L.P. Q4 2009 Earnings Call Transcript
Wed, Feb 3, 2010

Magellan Midstream to Present at 2013 Master Limited Partnership Investor Conference

PR Newswire (Mon, 9:00AM)
Magellan Midstream Reports First-Quarter Financial Results, Increases Distributable Cash Flow Guidance for 2013

PR Newswire (May 2, 2013)
Magellan Midstream Increases Quarterly Cash Distribution to 50.75 Cents

PR Newswire (Apr 25, 2013)
Magellan Midstream to Announce First-Quarter Financial Results on May 2

PR Newswire (Apr 2, 2013)
Energy Stocks: Energy stocks gain as Anadarko jumps

at MarketWatch.com (Mar 20, 2013)
Magellan Midstream to Acquire 800 Miles of Refined Petroleum Products Pipeline

PR Newswire (Feb 22, 2013)
Magellan Midstream Delivers Record Quarterly and Annual Financial Results

PR Newswire (Feb 5, 2013)
Magellan Midstream to Transport Crude Oil Originating from Galena Park, Texas

PR Newswire (Feb 4, 2013)
Magellan Midstream Increases Quarterly Cash Distribution to 50 Cents

PR Newswire (Jan 22, 2013)
Magellan Midstream to Announce Fourth-Quarter Financial Results on Feb. 5

PR Newswire (Jan 7, 2013)
Magellan Midstream Announces Open Season for Potential Crude Oil Distribution Originating from Galena Park, Texas

PR Newswire (Dec 21, 2012)
Here's One Way to Beat the Looming Dividend Tax Hike

at CNBC.com (Nov 29, 2012)
Magellan Midstream to Present at Wells Fargo Pipeline, MLP and Energy Symposium

PR Newswire (Nov 29, 2012)
Magellan Midstream and Occidental Petroleum Corporation Proceed with BridgeTex Pipeline to Deliver Crude Oil from the Permian Basin to the Houston Gulf Coast Area

PR Newswire (Nov 19, 2012)
Magellan Midstream Prices $250 Million, 30-Year Debt Offering

PR Newswire (Nov 2, 2012)
Magellan Midstream Reports Third-Quarter Financial Results, Increases 2012 Distributable Cash Flow Guidance

PR Newswire (Oct 31, 2012)
Magellan Midstream Reschedules Third-Quarter Financial Results to Oct. 31

PR Newswire (Oct 25, 2012)
Magellan Midstream Increases Quarterly Cash Distribution to 48.5 Cents

PR Newswire (Oct 24, 2012)
Magellan Midstream Completes Two-for-One Split of Limited Partner Units

PR Newswire (Oct 15, 2012)
Magellan Midstream to Announce Third-Quarter Financial Results on Nov. 5

PR Newswire (Sep 25, 2012)

MMP vs. ETF Alternatives

Company Description

Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership formed to own, operate and acquire a diversified portfolio of energy assets. Our primary business is the transportation, storage and distribution of refined petroleum products. We are a Delaware limited partnership,... More

Sector: Basic Materials

Industry: Oil & Gas Pipelines

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, May 23, 3:44 PM Magellan Midstream Partners (MMP -0.7%) may build a pipeline extension connecting its network to its terminals in central Arkansas, where the imminent shutdown of Enterprise Partners' (EPD) 230K bbl/day distillate pipeline is raising concerns about supply in the state. EPD says flows on the line are too low to justify more spending, but Arkansas' AG is challenging the shutdown. Comment! [Energy]
Tuesday, May 14, 3:59 PM The Double Eagle Pipeline begins moving Eagle Ford condensate from Three Rivers, Tex., to the Corpus Christi terminal owned 50/50 by Magellan Midstream (MMP) and Kinder Morgan Partners (KMP). The startup is part of a $150M project that includes 140 miles of new pipeline that connects to an existing Kinder Morgan 50-mile pipeline. Initial capacity is 100K bbl/day. Comment! [Energy]
Friday, May 3, 2:46 PM Magellan Midstream Partners (MMP) is upgraded to Outperform with a $59 target price at Credit Suisse after the MLP raised FY 2013 guidance. CS raises its FY 2014 EBITDA outlook in part to reflect the possibility of adding an additional 50 kb/day capacity, which would cost just $80M but would add ~$30M EBITDA. Raymond James also lifts its target price to $56 from $52. Comment! [Energy, Quick Ideas]
Thursday, May 2, 8:34 AM Magellan Midstream (MMP): Q1 EPS of $0.51 beats by $0.03. Revenue of $432.4M misses by $80.8M. (PR) Comment! [Earnings, Breaking News]
Thursday, May 2, 12:05 AM Notable earnings before Thursday’s open: ABMD, ACOR, ACT, AEE, ANR, ANSS, ARG, ARQL, ATK, AYR, BDBD, BDX, BEAM, BGCP, BZH, CAH, CEVA, CHD, CI, CME, CNP, CPN, CTRX, DIN, DNR, EL, ELNK, FIG, FLY, FNP, FWLT, GEL, GG, GIL, GM, GNRC, GOLD, HAR, HK, HSH, INCY, INGR, IP, IRDM, IT, ITT, K, LF, LQDT, LXP, MDC, MFC, MGI, MGM, MMC, MMP, MWW, NIHD, NNN, NUS, OCN, OGE, OXF, OZM, PCG, PPL, PWR, PXP, RGLD, RNO, SBH, SFY, SHPG, SNI, SPR, SRE, STRA, TEVA, VMC, VRX, WNR, WPX, WWE, XEL Comment! [Earnings]
Wednesday, May 1, 5:30 PM Notable earnings before Thursday’s open: ABMD, ACOR, ACT, AEE, ANR, ANSS, ARG, ARQL, ATK, AYR, BDBD, BDX, BEAM, BGCP, BZH, CAH, CEVA, CHD, CI, CME, CNP, CPN, CTRX, DIN, DNR, EL, ELNK, FIG, FLY, FNP, FWLT, GEL, GG, GIL, GM, GNRC, GOLD, HAR, HK, HSH, INCY, INGR, IP, IRDM, IT, ITT, K, LF, LQDT, LXP, MDC, MFC, MGI, MGM, MMC, MMP, MWW, NIHD, NNN, NUS, OCN, OGE, OXF, OZM, PCG, PPL, PWR, PXP, RGLD, RNO, SBH, SFY, SHPG, SNI, SPR, SRE, STRA, TEVA, VMC, VRX, WNR, WPX, WWE, XEL Comment! [Earnings]
Tuesday, March 26, 10:17 AM Magellan Midstream Partners (MMP) says it has started storing crude in tanks at Crane, Tex., the origin point for the Longhorn pipeline, which it expects to start transporting crude by mid-April. The line, which had carried refined products, has been reversed to transport crude to Houston refineries and could help ease a glut of oil at the Cushing delivery hub and support local prices by opening the door to new buyers. 4 Comments [Energy]
Thursday, March 21, 4:23 PM The outlook for MLPs is rosy, according to Elvira Scotto, a director at RBC. In a report on the sector published by The Wall Street Transcript, Scotto says that thanks to low interest rates, MLPs have ready access to capital and can thus easily fund growth. This is good news for yield-starved investors as MLPs offer handsome payouts. Previously: MLPs will outperform even if rates rise. 8 Comments [Energy]
Wednesday, March 20, 6:57 PM Phillips 66 (PSX) is the latest energy company to aggressively pursue pushing cheaper U.S. crude through rail to its refineries, after signing deals with Enbridge Partners (EEP; also), Targa Partners (NGLS) and Magellan Midstream (MMP). PSX's new partnerships show refiners are accepting that U.S. oil production, set to grow by nearly 1M bbl/day in 2013 to 7.3M bbl/day, is not a flash in the pan. 11 Comments [Energy]
Monday, March 18, 12:48 PM Interest rates will rise sooner or later, but Credit Suisse looks at the rate-rising 2004-07 period and factors now in place to lead it to believe MLPs would outperform should rates rise again. CS still believes increased focus on crude oil infrastructure should drive performance, given the boom in North American production. Its three-to-five-year favorites: PAA, KMI, MKR, MMP, EPD. Comment! [Energy, Quick Ideas]
Friday, February 22, 9:53 AM Magellan Midstream Partners (MMP -0.3%) agrees to acquire ~800 miles of refined petroleum products pipeline from Plains All American Pipeline (PAA +0.3%) for $190M. MMP expects the acquisition to be immediately accretive to its distributable cash flow per unit. Comment! [Energy]
Tuesday, February 5, 8:06 AM Magellan Midstream (MMP): Q4 EPS of $0.69 beats by $0.02. Revenue of $503.2M misses by $2.06M. (PR) Comment! [Earnings, Breaking News]
Tuesday, February 5, 12:05 AM Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH Comment! [Earnings]
Monday, February 4, 5:30 PM Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH Comment! [Earnings]
Monday, February 4, 10:28 AM Despite a strong start to the year, the MLP analysts at Credit Suisse forecast a continued MLP catch-up trade that could lead to significant outperformance by MLPs vs. the S&P 500. The firm's top names have strong exposure to what it sees as the coming oil boom: PAA, MMP, EEP, EPD, GEL, KMR, KMP and KMI, plus ETFs KYN and SRV. 5 Comments [Energy, Quick Ideas]
Monday, February 4, 10:06 AM Magellan Midstream Partners (MMP -1%) plans to construct new pipeline and terminal infrastructure at its Galena Park, Tex., terminal to originate crude oil to its Gulf Coast distribution system for delivery to refineries in the Houston and Texas City area. MMP says the ~$50M project is supported by long-term committed volumes and is expected to be fully operational by mid-2014. Comment! [Energy]

Old Trader
Sold additional $MMP @ $51.00. Hit target.
Mar 22, 11:07 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Today's Potential Upgrades (3/21/13): $AFL, $AGQ, $AMT, $BPL, $FXY, $GOLD, $ISRG, $MMP, $PNRA, $ROST
Mar 21, 11:19 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Today's Returning Downgrades (3/6/13): $MMP, $SQM
Mar 7, 7:57 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
BUY (ARM 3T Trend Analysis): $BWA, $CPHD, $DLR, $MMP, $MCO, $CRM, $RGR, $VIAB
Mar 4, 3:04 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Albert Alfonso
glancing through the $MMP report and it seems that they are preforming very well, yet they were down 2% today...
Feb 5, 6:45 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Old Trader
Sold part of MMP @ $45.25
10/17/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Old Trader
Looking to take some money off the table; considering a partial sale of MMP position
10/17/12
Reply (2)

• !Report Abuse
View all 2 replies
Bob de'Long: I'd like to sell down some of my oil stocks, NFX &WLL, but want higher prices. The general market is too high; to have only about 45% cash.
10/17/12
• !Report Abuse
Old Trader: I know what you're saying....you might be in for a choppy ride with oil.
10/17/12
• !Report Abuse
Add a reply...

140 characters

Jim Van Meerten
MMP - 96% Barchart technical buy signal - 16 new highs and up 9.88% in the last month - Relative Strength Index 72.91%
8/3/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Old Trader
WOW!!! MMP has popped VERY nicely!!!
7/26/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

johnboy84
These stupid hold evaluations made by these little putts that are advising there own trusts they know nothing of business. MMP is strong!!!!
3/29/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

Old Trader
Looking to take some money off the table; considering a partial sale of MMP position
10/17/12
Reply (2)

• !Report Abuse
View all 2 replies
Bob de'Long: I'd like to sell down some of my oil stocks, NFX &WLL, but want higher prices. The general market is too high; to have only about 45% cash.
10/17/12
• !Report Abuse
Old Trader: I know what you're saying....you might be in for a choppy ride with oil.
10/17/12
• !Report Abuse
Add a reply...

140 characters

Dividend Sheet
12 Basic Material High Yields With Very Low Beta Ratios: http://bit.ly/vKLnMz + $GNI $CLMT $MMLP $BWP $NS $PSE $SEP $BPL $PAA $KMP $EPB $MMP
11/10/11
Reply (3)

• !Report Abuse
View all 3 replies
Tom in Texas: Long CLMT, MMLP, NS. Nice dividends.
11/10/11
• !Report Abuse
golfitobob: TT,true,but,big drop allow better yields&with US$ being slashed by plan your yields keep pace,but,many DS's were much lower&Patience wins !
11/10/11
• !Report Abuse
Add a reply...

140 characters

MMP Magellan Midstream Partners, L.P.

MMP

Magellan Midstream Partners, L.P.