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Magellan Midstream Partners, L.P. (NYSE:MMP)
Non-Recurring Items
$-5 Mil (TTM As of Jun. 2015)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Magellan Midstream Partners, L.P.'s non-recurring items for the three months ended in Jun. 2015 was $6 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jun. 2015 was $-5 Mil.

As of today, Magellan Midstream Partners, L.P.'s share price is $69.23. Magellan Midstream Partners, L.P.'s earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2015 was $3.56. Therefore, Magellan Midstream Partners, L.P.'s P/E (NRI) ratio for today is 19.45.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Magellan Midstream Partners, L.P. Non-Recurring Items for the trailing twelve months (TTM) ended in Jun. 2015 was -0.566 (Sep. 2014 ) + -9.139 (Dec. 2014 ) + -0.866 (Mar. 2015 ) + 5.899 (Jun. 2015 ) = $-5 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Magellan Midstream Partners, L.P.'s P/E (NRI) Ratio for today is calculated as

Magellan Midstream Partners, L.P.'s Share Price of today is $69.23.
Magellan Midstream Partners, L.P.'s Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jun. 2015 was 0.87 (Sep. 2014 ) + 1.1 (Dec. 2014 ) + 0.81 (Mar. 2015 ) + 0.78 (Jun. 2015 ) = $3.56.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Magellan Midstream Partners, L.P. Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Non Operating Income -20-3-3-4-27-02-20-0

Magellan Midstream Partners, L.P. Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Non Operating Income -1-1-1-1-1-1-1-9-16
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