GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magellan Midstream Partners LP (FRA:WEP) » Definitions » Dividend-Payout-to-FFO

Magellan Midstream Partners LP (FRA:WEP) Dividend-Payout-to-FFO


View and export this data going back to . Start your Free Trial

What is Magellan Midstream Partners LP Dividend-Payout-to-FFO?

Dividend-Payout-to-FFO only applies to REITs.


Magellan Midstream Partners LP (FRA:WEP) 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.