Magellan Midstream Partners LP (MMP) 67.84 $MMP
Post# of 273242
Magellan Midstream Prices Senior Notes Worth $500 Million
Zacks Equity Research - Zacks Investment Research - Wed Sep 07, 8:10AM CDT
Pipeline operator Magellan Midstream Partners, L.P. (MMP) has priced $500 million of its 4.25% senior notes, due 2046.
NGL: 17.43 (+0.16), EVA: 27.00 (+0.20), MTDR: 20.69 (-0.49), MMP: 67.84 (+0.02)
Magellan Midstream Prices $500 Million Debt Offering
PR Newswire - Tue Sep 06, 2:15PM CDT
Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has priced $500 million of its 4.25% senior notes due 2046. The notes were priced at 98.762% of par to yield 4.324% to maturity. The partnership intends to use the net proceeds from this offering of approximately $488.7 million, after deducting underwriting discounts and estimated offering expenses, to repay its 5.65% senior notes when due in Oct. 2016 and to repay borrowings outstanding under its commercial paper program. Any remaining proceeds may be used for general partnership purposes, which may include capital expenditures.
JPM: 65.82 (-0.82), USB: 42.60 (-0.43), MMP: 67.84 (+0.02)
Research Reports Initiation on Oil & Gas Pipelines Stocks -- Williams Partners, Enbridge Energy Partners, Frank's Intl., and Magellan Midstream Partners
PR Newswire - Tue Sep 06, 7:00AM CDT
Stock-Callers.com has issued research reports on the following equities: Williams Partners L.P. (NYSE: WPZ), Enbridge Energy Partners L.P. (NYSE: EEP), Frank's International N.V. (NYSE: FI), and Magellan Midstream Partners L.P. (NYSE: MMP). These stocks belong in the Oil and Gas Pipelines segment which is composed of contractors involved in the construction of O&G pipelines, mains, pumping stations, refineries, and storage tanks. Learn more about these stocks by downloading their free report at:
MMP: 67.84 (+0.02), EEP: 23.86 (-0.08), FI: 11.64 (+0.06), WPZ: 36.60 (+0.48)
Magellan Midstream to Present at Barclays CEO Energy-Power Conference
PR Newswire - Thu Sep 01, 2:16PM CDT
Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears, chief executive officer, will present at the Barclays CEO Energy-Power Conference at approximately 4:25 p.m. Eastern on Wed., Sept. 7 in New York City.
MMP: 67.84 (+0.02)
Watch for Magellan Midstream Partners to Potentially Rebound After Falling 2.23% Yesterday
Comtex SmarTrend(R) - Wed Aug 03, 3:19PM CDT
Magellan Midstream Partners (NYSE:MMP) traded in a range yesterday that spanned from a low of $68.80 to a high of $70.61. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $70.14 on volume of 539,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MMP: 67.84 (+0.02)
Magellan Midstream (MMP) Beats on Q2 Earnings, Revenues
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 9:50AM CDT
Magellan Midstream Partners LP (MMP) announced strong second-quarter 2016 results.
AR: 26.04 (-0.58), ENB: 44.18 (+0.26), MUSA: 73.00 (-0.94), MMP: 67.84 (+0.02)
Magellan Midstream (MMP) Beats on Q2 Earnings Estimates
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 8:59AM CDT
Magellan Midstream (MMP) Beats on Q2 Earnings Estimates
MMP: 67.84 (+0.02)
Magellan Midstream Reports Solid Second-Quarter Financial Results
PR Newswire - Tue Aug 02, 7:30AM CDT
Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $187.9 million for second quarter 2016 compared to $177.4 million for second quarter 2015.
MMP: 67.84 (+0.02)
Magellan Midstream (MMP): What to Expect in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 5:28AM CDT
Magellan Midstream Partners LP (MMP) is set to release second-quarter 2016 financial results before the opening bell on Aug 2.
AR: 26.04 (-0.58), SE: 42.46 (+0.24), XEC: 127.44 (-0.21), MMP: 67.84 (+0.02)
Oil & Gas Pipelines Equities at a Glance - Cheniere Energy, Williams Partners, Magellan Midstream Partners, and Antero Midstream Partners
PR Newswire - Thu Jun 09, 8:00AM CDT
On Wednesday, June 08, 2016, the NASDAQ Composite ended the trading session at 4,974.64, up 0.26%; the Dow Jones Industrial Average advanced 0.37% to finish at 18,005.05; and the S&P 500 closed at 2,119.12, up 0.33%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: Cheniere Energy Inc. (NYSEMKT: LNG), Williams Partners L.P. (NYSE: WPZ), Magellan Midstream Partners L.P. (NYSE: MMP), and Antero Midstream Partners L.P. (NYSE: AM). Learn more about these stocks by accessing their free trade alerts at:
LNG: 42.93 (-0.51), MMP: 67.84 (+0.02), AM: 25.04 (-0.12), WPZ: 36.60 (+0.48)
CVR Refining Reduces Production at its Coffeyville Refinery Due to Magellan Pipeline Suspension
PR Newswire - Tue Jun 07, 4:10PM CDT
CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced that it has reduced production at its Coffeyville, Kansas, refinery due to Magellan Midstream Partners, L.P.'s temporary suspension of an 8-inch refined petroleum products pipeline that runs from Coffeyville to Kansas City, Kansas. The pipeline transports up to 30,000 barrels per day of refined products from the refinery. It is one of three pipelines that transport the refinery's products to the markets it serves.
MMP: 67.84 (+0.02), CVRR: 11.25 (+2.14)
Magellan Midstream to Close a Portion of Texas Pipeline
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 7:53AM CDT
Magellan Midstream Partners LP (MMP) is planning to shut part of its Magellan South refined products pipeline system for a period of two to four weeks.
ENB: 44.18 (+0.26), NADL: 3.24 (-0.01), MUSA: 73.00 (-0.94), MMP: 67.84 (+0.02)
Magellan (MMP) Signs LOI to Enhance Gulf Coast Facility
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:10AM CDT
Magellan Midstream Partners LP (MMP) declared that it has signed a letter of intent (LOI) with LBC Tank Terminals LLC which operates liquid storage facilities globally.
NADL: 3.24 (-0.01), PTR: 64.48 (-0.02), MMP: 67.84 (+0.02), TCP: 52.16 (+1.31)
Magellan Midstream and LBC Enter into Letter of Intent to Expand Seabrook Logistics' Houston Gulf Coast Crude Oil and Condensate Infrastructure
PR Newswire - Tue May 31, 7:59AM CDT
Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan" and LBC Tank Terminals, LLC ("LBC" announced today that they have entered into a letter of intent for Seabrook Logistics, LLC ("Seabrook Logistics", owned 50/50 by Magellan and LBC, to expand its crude oil and condensate storage, marine capacity and pipeline infrastructure in the Houston Gulf Coast area.
MMP: 67.84 (+0.02)
Magellan Midstream to Present at Master Limited Partnership Investor Conference
PR Newswire - Thu May 26, 8:14AM CDT
Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears, chief executive officer, will present at the 2016 Investor Conference hosted by the Master Limited Partnership Association at 8:00 a.m. Eastern on Thurs., June 2 in Orlando, Florida.
MMP: 67.84 (+0.02)
Downgrade Alert for Magellan Midstream Partners (MMP)
Comtex SmarTrend(R) - Fri May 06, 3:27AM CDT
Magellan Midstream Partners (NYSE:MMP) was downgraded from Buy to Hold at Stifel today. The stock closed yesterday at $70.92 on volume of 1.0 million shares, above average daily volume of 852,000. Magellan Midstream Partners, L.P. is primarily involved in the storage, transportation, and distribution of refined petroleum products and ammonia. The Company's asset portfolio includes a pipe line system serving the mid-continent region of the United States, petroleum products marine terminal facilities, petroleum products terminals, and an ammonia pipeline system.
MMP: 67.84 (+0.02)
Oil's Decline Can't Detract From Magellan Midstream Partners' Earnings
Tyler Crowe, The Motley Fool - Motley Fool - Wed May 04, 12:50PM CDT
Every company that is in the energy industry is going to be somewhat affected by the downturn in oil and gas prices. Some, like Magellan Midstream Partners , are just less affected. Aside from some modest declines from commodity price-related...
TRP: 46.84 (+0.07), TLP: 42.43 (+0.77), MMP: 67.84 (+0.02)
Key Energy Earnings for May 4: CRZO, MMP, RDS.A
Madeleine Johnson - Zacks Investment Research - Wed May 04, 11:42AM CDT
As Q1 earnings season continues, more and more companies are posting their earnings results. On Tuesday, three big names in the oil industry reported their quarterly earnings before the bell. Let???s take a look.
RDS.A: 47.21 (-0.80), CRZO: 34.22 (-0.01), MMP: 67.84 (+0.02)