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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.01
MMP's Cash to Debt is ranked higher than
55% of the 143 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.04 vs. MMP: 0.01 )
MMP' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.01

Equity to Asset 0.34
MMP's Equity to Asset is ranked higher than
66% of the 174 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.40 vs. MMP: 0.34 )
MMP' s 10-Year Equity to Asset Range
Min: 0.03   Max: 0.68
Current: 0.34

0.03
0.68
Interest Coverage 5.95
MMP's Interest Coverage is ranked higher than
80% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.80 vs. MMP: 5.95 )
MMP' s 10-Year Interest Coverage Range
Min: 2.03   Max: 7.48
Current: 5.95

2.03
7.48
F-Score: 7
Z-Score: 4.08
M-Score: -2.37
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 40.77
MMP's Operating margin (%) is ranked higher than
94% of the 175 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 10.87 vs. MMP: 40.77 )
MMP' s 10-Year Operating margin (%) Range
Min: 18.5   Max: 37.16
Current: 40.77

18.5
37.16
Net-margin (%) 35.11
MMP's Net-margin (%) is ranked higher than
94% of the 175 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.44 vs. MMP: 35.11 )
MMP' s 10-Year Net-margin (%) Range
Min: 4.15   Max: 30.68
Current: 35.11

4.15
30.68
ROE (%) 45.51
MMP's ROE (%) is ranked higher than
98% of the 179 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.15 vs. MMP: 45.51 )
MMP' s 10-Year ROE (%) Range
Min: 14.55   Max: 36.81
Current: 45.51

14.55
36.81
ROA (%) 15.58
MMP's ROA (%) is ranked higher than
96% of the 181 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.06 vs. MMP: 15.58 )
MMP' s 10-Year ROA (%) Range
Min: 3.64   Max: 12.6
Current: 15.58

3.64
12.6
ROC (Joel Greenblatt) (%) 23.12
MMP's ROC (Joel Greenblatt) (%) is ranked higher than
95% of the 175 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.29 vs. MMP: 23.12 )
MMP' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 11.41   Max: 66.38
Current: 23.12

11.41
66.38
Revenue Growth (3Y)(%) 5.50
MMP's Revenue Growth (3Y)(%) is ranked higher than
78% of the 131 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.40 vs. MMP: 5.50 )
MMP' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0   Max: 27.3
Current: 5.5

0
27.3
EBITDA Growth (3Y)(%) 16.50
MMP's EBITDA Growth (3Y)(%) is ranked higher than
90% of the 115 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.40 vs. MMP: 16.50 )
MMP' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 23.2
Current: 16.5

0
23.2
EPS Growth (3Y)(%) 21.70
MMP's EPS Growth (3Y)(%) is ranked higher than
86% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.20 vs. MMP: 21.70 )
MMP' s 10-Year EPS Growth (3Y)(%) Range
Min: 0   Max: 39.1
Current: 21.7

0
39.1
» MMP's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2013

MMP Guru Trades in Q4 2013

Ken Fisher 3,807 sh (New)
John Keeley 5,000 sh (unchged)
Jim Simons 473,916 sh (-37.04%)
» More
Q1 2014

MMP Guru Trades in Q1 2014

Chuck Royce 25,000 sh (New)
John Keeley Sold Out
Ken Fisher 3,171 sh (-16.71%)
Jim Simons 183,916 sh (-61.19%)
» More
Q2 2014

MMP Guru Trades in Q2 2014

Ken Fisher 3,571 sh (+12.61%)
Jim Simons Sold Out
Chuck Royce Sold Out
» More
Q3 2014

MMP Guru Trades in Q3 2014

Jim Simons 32,916 sh (New)
Ken Fisher 3,261 sh (-8.68%)
» More
» Details

Insider Trades

Latest Guru Trades with MMP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Keeley 2014-03-31 Sold Out 0.01%$60.52 - $70.78 $ 78.0318%0
Ken Fisher 2013-12-31 New Buy$55.85 - $62.9 $ 78.0331%3807
John Keeley 2013-06-30 Reduce -74.79%0.02%$50.61 - $55.11 $ 78.0349%5000
Ken Fisher 2013-06-30 Sold Out $50.61 - $55.11 $ 78.0349%0
Ken Fisher 2013-03-31 New Buy$43.19 - $53.43 $ 78.0359%4500
John Keeley 2012-12-31 Add 107.33%0.01%$39.87 - $45.34 $ 78.0380%17830
John Keeley 2011-12-31 New Buy0.01%$59.93 - $68.97 $ 78.0322%8600
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 23.10
MMP's P/E(ttm) is ranked higher than
86% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 35.80 vs. MMP: 23.10 )
MMP' s 10-Year P/E(ttm) Range
Min: 6.04   Max: 40.59
Current: 23.1

6.04
40.59
Forward P/E 20.66
MMP's Forward P/E is ranked higher than
80% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 22.73 vs. MMP: 20.66 )
N/A
PE(NRI) 23.30
MMP's PE(NRI) is ranked higher than
85% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 33.50 vs. MMP: 23.30 )
MMP' s 10-Year PE(NRI) Range
Min: 6.03   Max: 39.34
Current: 23.3

6.03
39.34
P/B 9.80
MMP's P/B is ranked higher than
57% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.43 vs. MMP: 9.80 )
MMP' s 10-Year P/B Range
Min: 1.55   Max: 34.79
Current: 9.8

1.55
34.79
P/S 8.10
MMP's P/S is ranked higher than
58% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.93 vs. MMP: 8.10 )
MMP' s 10-Year P/S Range
Min: 0.86   Max: 9.06
Current: 8.1

0.86
9.06
PFCF 28.40
MMP's PFCF is ranked higher than
90% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.00 vs. MMP: 28.40 )
MMP' s 10-Year PFCF Range
Min: 7.04   Max: 57.44
Current: 28.4

7.04
57.44
POCF 18.83
MMP's POCF is ranked higher than
62% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 11.90 vs. MMP: 18.83 )
MMP' s 10-Year POCF Range
Min: 3.5   Max: 21.27
Current: 18.83

3.5
21.27
EV-to-EBIT 23.31
MMP's EV-to-EBIT is ranked higher than
81% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 27.97 vs. MMP: 23.31 )
MMP' s 10-Year EV-to-EBIT Range
Min: 3.9   Max: 26.7
Current: 23.31

3.9
26.7
PEG 77.67
MMP's PEG is ranked higher than
84% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.00 vs. MMP: 77.67 )
MMP' s 10-Year PEG Range
Min: 0.56   Max: 89.27
Current: 77.67

0.56
89.27
Shiller P/E 38.40
MMP's Shiller P/E is ranked higher than
81% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 59.10 vs. MMP: 38.40 )
MMP' s 10-Year Shiller P/E Range
Min: 5.8   Max: 43.61
Current: 38.4

5.8
43.61
Current Ratio 1.02
MMP's Current Ratio is ranked higher than
73% of the 181 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.05 vs. MMP: 1.02 )
MMP' s 10-Year Current Ratio Range
Min: 0.19   Max: 3.22
Current: 1.02

0.19
3.22
Quick Ratio 0.51
MMP's Quick Ratio is ranked higher than
55% of the 181 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.92 vs. MMP: 0.51 )
MMP' s 10-Year Quick Ratio Range
Min: 0.16   Max: 3.22
Current: 0.51

0.16
3.22
Days Inventory 71.96
MMP's Days Inventory is ranked higher than
69% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 27.06 vs. MMP: 71.96 )
MMP' s 10-Year Days Inventory Range
Min: 4.4   Max: 89.02
Current: 71.96

4.4
89.02
Days Sales Outstanding 17.56
MMP's Days Sales Outstanding is ranked higher than
92% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 36.37 vs. MMP: 17.56 )
MMP' s 10-Year Days Sales Outstanding Range
Min: 11.25   Max: 63.04
Current: 17.56

11.25
63.04

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.20
MMP's Dividend Yield is ranked lower than
74% of the 159 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.36 vs. MMP: 3.20 )
MMP' s 10-Year Dividend Yield Range
Min: 2.67   Max: 12.02
Current: 3.2

2.67
12.02
Dividend Payout 0.70
MMP's Dividend Payout is ranked higher than
89% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.48 vs. MMP: 0.70 )
MMP' s 10-Year Dividend Payout Range
Min: 0.08   Max: 3.74
Current: 0.7

0.08
3.74
Dividend growth (3y) 13.00
MMP's Dividend growth (3y) is ranked higher than
86% of the 100 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.50 vs. MMP: 13.00 )
MMP' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 33.9
Current: 13

0
33.9
Yield on cost (5-Year) 5.08
MMP's Yield on cost (5-Year) is ranked lower than
54% of the 159 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.34 vs. MMP: 5.08 )
MMP' s 10-Year Yield on cost (5-Year) Range
Min: 4.38   Max: 19.71
Current: 5.08

4.38
19.71
Share Buyback Rate -1.20
MMP's Share Buyback Rate is ranked higher than
91% of the 133 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -11.40 vs. MMP: -1.20 )
MMP' s 10-Year Share Buyback Rate Range
Min: 0   Max: -37.3
Current: -1.2

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 10.26
MMP's Price/Tangible Book is ranked higher than
62% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.89 vs. MMP: 10.26 )
MMP' s 10-Year Price/Tangible Book Range
Min: 0.61   Max: 41.96
Current: 10.26

0.61
41.96
Price/DCF (Projected) 4.24
MMP's Price/DCF (Projected) is ranked higher than
82% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.00 vs. MMP: 4.24 )
MMP' s 10-Year Price/DCF (Projected) Range
Min: 0.76   Max: 4.7
Current: 4.24

0.76
4.7
Price/Median PS Value 3.48
MMP's Price/Median PS Value is ranked higher than
57% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.12 vs. MMP: 3.48 )
MMP' s 10-Year Price/Median PS Value Range
Min: 0.18   Max: 3.82
Current: 3.48

0.18
3.82
Price/Graham Number 3.25
MMP's Price/Graham Number is ranked higher than
69% of the 185 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.72 vs. MMP: 3.25 )
MMP' s 10-Year Price/Graham Number Range
Min: 0.36   Max: 3.67
Current: 3.25

0.36
3.67
Earnings Yield (Greenblatt) 4.30
MMP's Earnings Yield (Greenblatt) is ranked higher than
80% of the 171 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.90 vs. MMP: 4.30 )
MMP' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.7   Max: 25.4
Current: 4.3

3.7
25.4
Forward Rate of Return (Yacktman) 2.81
MMP's Forward Rate of Return (Yacktman) is ranked higher than
77% of the 114 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.94 vs. MMP: 2.81 )
MMP' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12.9   Max: 23.8
Current: 2.81

-12.9
23.8

Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream
Compare:WES, ENB, ETE, KMP, SE » details
Traded in other countries:WEP.Germany,
Magellan Midstream Partners, L.P., was incorporated in Delaware as a limited partnership company on August 2000. Magellan GP, LLC, a wholly-owned Delaware limited liability company, serves as its general partner. The Company is engaged in the transportation, storage and distribution of refined petroleum products. The Company operates in three segments namely refined products segment, crude oil segment and marine storage segment. The refined products segment includes 9,500-mile refined products pipeline system with 53 terminals as well as 27 independent terminals not connected to its pipeline system and its 1,100-mile ammonia pipeline system. The crude oil segment is comprised of approximately 1,100 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 18 million barrels, of which 12 million is used for leased storage; and marine storage segment consists of marine terminals located along coastal waterways with an aggregate storage capacity of approximately 27 million barrels. The refined products pipeline covers a 15-state area from the Gulf Coast across the central U.S. Its products transported on pipeline are gasoline, distillates, aviation fuels and liquefied petroleum gases. Product originates on its pipeline from direct connections to refineries, at its terminals and through interconnections with other interstate pipelines for transportation and ultimate distribution to retail gasoline stations, truck stops, railroads, airports and other end users. The Company's blending activities involve purchasing liquefied petroleum gases and blending them into gasoline, which creates gasoline available for the Company to sell. Its fractionation activities include two fractionators along its pipeline system that separate transmix, an unusable mixture of various petroleum products, into gasoline and diesel fuel. Its 27 independent terminals are part of a distribution network located principally throughout the southeastern U.S. It faces competition from other pipelines and terminals in the same markets as its assets.
» More Articles for MMP

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