Magellan Midstream Partners LP - Company Profile
Powered by
All the data and insights you need on Magellan Midstream Partners LP in one report.
- Save hours of research time and resources with
our up-to-date Magellan Midstream Partners LP Strategy Report
- Understand Magellan Midstream Partners LP position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Magellan Midstream Partners LP (Magellan Midstream) is a midstream energy company. It transports, stores, and distributes refined petroleum products and crude oil. The company owns and operates pipeline systems, terminals, and storage facilities. It handles petroleum products such as gasoline, diesel fuel, aviation fuel, kerosene and heating oil. It also provides distribution, storage, blending, inventory management, terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing and data services to its customers. The company provides its products and services to independent refiners, integrated oil companies, wholesalers, retailers, airlines, traders, railroads, and regional farm cooperatives. Magellan Midstream is headquartered in Tulsa, Oklahoma, the US
Magellan Midstream Partners LP premium industry data and analytics
Products and Services
Services |
---|
Transportation |
Storage |
Distribution |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Ownership Changes | In September, the company was acquired by ONEOK, Inc. |
2022 | Plans/Strategy | In August, the company announced its plans to expand its refined petroleum products and pipeline system from the Houston area to El Paso, Texas, the US. |
2022 | Others | In June, the company along with Enterprise and ICE announced Midland WTI AGC futures contract expanded to include deliveries conducted via ICE’s Exchange for Physical and Alternative Delivery Proceduremechanisms. |
Competitor Comparison
Key Parameters | Magellan Midstream Partners LP | Gibson Energy Inc | Koninklijke Vopak NV | Blueknight Energy Partners LP | Buckeye Partners LP |
---|---|---|---|---|---|
Headquarters | United States of America | Canada | Netherlands | United States of America | United States of America |
City | Tulsa | Calgary | Rotterdam | Oklahoma City | Houston |
State/Province | Oklahoma | Alberta | - | Oklahoma | Texas |
No. of Employees | 1,655 | 2,520 | 5,826 | 130 | - |
Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Barry R. Pearl | Chairman | Executive Board | 2022 | 73 |
Aaron L. Milford | President; Chief Executive Officer; Director | Executive Board | 2022 | 49 |
Jeff L. Holman | Chief Financial Officer; Executive Vice President; Treasurer | Senior Management | 2022 | 52 |
Michael J. Aaronson | Chief Commercial Officer; Executive Vice President | Senior Management | 2022 | 48 |
Mark B. Roles | Senior Vice President - Commercial – Refined Products | Senior Management | 2021 | 48 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer