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Magellan Midstream Partners LP (MMP)

Magellan Midstream Partners LP (MMP)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Magellan Midstream Partners, L.P. owns and operates a diversified portfolio of energy infrastructure assets. The partnership primarily transports, stores, and distributes refined petroleum products to a lesser extent, ammonia. Magellan Midstream has operations in 2 segments: Refined Products and Crude Oil. Refined Products unit primarily comprises Magellan's pipeline system transporting gasoline and diesel fuel, with integrated terminals, independent terminals and barrels for storage. It also looks after the ammonia pipeline system with Magellan-owned terminals and caters to the mid-continent region. The unit also consists Magellan Midstream's Galena Park marine terminal and its interest in the Pasadena marine terminal joint venture. Crude Oil division includes pipelines, a condensate splitter, as well as storage services. The partnership has 100% interest in these pipelines, the condensate splitter and barrels. Magellan Midstream's crude oil pipelines are backed by long-term throughput commitments.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 3,200,400 2,733,100 2,427,800 2,727,910 2,826,570
Sales Growth +17.10% +12.58% -11.00% -3.49% +12.72%
Net Income 1,036,400 982,000 816,970 1,020,850 1,333,930
Net Income Growth +5.54% +20.20% -19.97% -23.47% +53.41%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 7,707,700 8,030,000 8,196,980 8,437,730 7,747,540
Total Assets Growth -4.01% -2.04% -2.85% +8.91% +4.78%
Total Liabilities 6,022,800 6,130,200 5,893,180 5,722,700 5,104,100
Total Liabilities Growth -1.75% +4.02% +2.98% +12.12% -3.05%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow 1,141,300 1,196,200 1,107,380 1,321,180 1,352,950
Operating Cash Flow Growth -4.59% +8.02% -16.18% -2.35% +22.03%
Net Cash Flow -2,100 -13,400 -62,150 -224,660 133,190
Change in Net Cash Flow +84.33% +78.44% +72.34% -268.68% -17.46%
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