Magellan Midstream Partners, L.P.
MMP

$13.94 B
Marketcap
$69.00
Share price
Country
$0.46
Change (1 day)
$69.90
Year High
$46.55
Year Low
Categories

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates through Refined Products and Crude Oil segments. The company operates refined products pipeline that transports gasoline, diesel fuel, aviation fuel, kerosene, and heating oil to 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. Further, it 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, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. As of December 31, 2021, it had 9,800-mile refined products pipeline system with 54 terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 39 million barrels; and two marine terminals. The company was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.

marketcap

P/E ratio for Magellan Midstream Partners, L.P. (MMP)

P/E ratio as of 2022: 10.14

According to Magellan Midstream Partners, L.P.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.14. At the end of 2021 the company had a P/E ratio of 10.39.

P/E ratio history for Magellan Midstream Partners, L.P. from 2000 to 2022

PE ratio at the end of each year

Year P/E ratio
2022 10.14
2021 10.39
2020 11.71
2019 14.08
2018 9.77
2017 18.62
2016 21.47
2015 18.87
2014 22.38
2013 24.65
2012 22.44
2011 18.79
2010 19.83
2009 19.53
2008 5.46
2007 11.19
2006 13.29
2005 24.26
2004 15.63
2003 18.82
2002 7.17
2001 21.83
2000 47.44