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Magellan Midstream Partners LP (Magellan Midstream Partners LP) Other Income (Expense) : $109 Mil (TTM As of Jun. 2023)


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What is Magellan Midstream Partners LP Other Income (Expense)?

Magellan Midstream Partners LP's other income expense for the Magellan Midstream Partners LP's pretax income for the three months ended in Jun. 2023 was $16 Mil. Its other income expense for the trailing twelve months (TTM) ended in Jun. 2023 was $109 Mil.


Magellan Midstream Partners LP Other Income (Expense) Historical Data

The historical data trend for Magellan Midstream Partners LP's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Magellan Midstream Partners LP Other Income (Expense) Chart

Magellan Midstream Partners LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 521.05 186.20 161.00 208.50 128.00

Magellan Midstream Partners LP Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.90 31.20 35.90 25.60 16.00

Magellan Midstream Partners LP Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $109 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Magellan Midstream Partners LP  (NYSE:MMP) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.


Magellan Midstream Partners LP (Magellan Midstream Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
One Williams Center, P.O. Box 22186, Tulsa, OK, USA, 74121-2186
Magellan Midstream Partners is a master limited partnership that operates pipelines and storage terminals in the Central and Eastern United States. Its assets transport, store, and distribute refined petroleum products and crude and earn a fee-based stream of cash flows. Assets include the country's longest petroleum pipeline network and several crude oil pipelines. Refined products make about 70% of operating margin, with the remainder mainly crude-oil pipelines.
Executives
James R Hoskin officer: Senior Vice President ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172
James R Montague director FIVE RADNOR CORPORATE CENTER, SUITE 500, RADNOR PA 19087
Kyle T Krshka officer: Senior Vice President ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172
Sivasankaran Somasundaram director C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Melanie A Little officer: Senior Vice President ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172
Mark B Roles officer: Senior Vice President ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172
Lisa J Korner officer: Vice President ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Chansoo Joung director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Jeff R Selvidge officer: Senior Vice President ONE WILLIAMS CENTER SUITE 2800, TULSA OK 74172
Douglas J May officer: Senior Vice President ONE WILLIAMS CENTER, SUITE 4100, TULSA OK 74172
Robert G Croyle director ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172
Michael C Pearson officer: Senior Vice President ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172
Jeffrey L Holman officer: Senior Vice President & CFO ONE WILLIAMS CENTER, TULSA OK 74172
Michael N Mears officer: Vice President ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Lori Gobillot director 5103 CITY WEST BLVD., 4TH FLOOR, HOUSTON TX 77042