Magellan Midstream Partners LP - Company Profile
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Magellan Midstream Partners LP (Magellan Midstream) is a midstream company, which offers transportation, storage and distribution of refined petroleum products. The company’s extensive midstream assets, wide customer base and improved operating performance strengthened its operations, even as cost efficiency is a cause for concern. Whereas consumption of liquid fuel and capacity expansion in the midstream industry could provide growth opportunities for the company. However, dependency on refiners and marketers, stringent regulations and fluctuation in oil and gas prices could hamper the operations of the company.
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