GURUFOCUS.COM » STOCK LIST » USA » NYSE » Magellan Midstream Partners LP (NYSE:MMP) » Definitions » Market Cap
Switch to:

Magellan Midstream Partners LP Market Cap

: $10,866 Mil (As of Today)
View and export this data going back to 2001. Start your Free Trial

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Magellan Midstream Partners LP's share price for the quarter that ended in Jun. 2022 was $47.76. Magellan Midstream Partners LP's Shares Outstanding (EOP) for the quarter that ended in Jun. 2022 was 208 Mil. Therefore, Magellan Midstream Partners LP's market cap for the quarter that ended in Jun. 2022 was $9,919 Mil.

Magellan Midstream Partners LP's quarterly market cap increased from Dec. 2021 ($9,864 Mil) to Mar. 2022 ($10,383 Mil) but then declined from Mar. 2022 ($10,383 Mil) to Jun. 2022 ($9,919 Mil).

Magellan Midstream Partners LP's annual market cap declined from Dec. 2019 ($14,360 Mil) to Dec. 2020 ($9,469 Mil) but then increased from Dec. 2020 ($9,469 Mil) to Dec. 2021 ($9,864 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Magellan Midstream Partners LP's Enterprise Value for Today is $15,886 Mil.


Magellan Midstream Partners LP Market Cap Historical Data

The historical data trend for Magellan Midstream Partners LP's Market Cap 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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16,176.09 13,020.81 14,359.70 9,469.21 9,863.86

Magellan Midstream Partners LP Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Market Cap 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 Premium Member Only Premium Member Only Premium Member Only 10,836.50 9,728.82 9,863.86 10,383.21 9,918.99

Competitive Comparison

For the Oil & Gas Midstream subindustry, Magellan Midstream Partners LP's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Magellan Midstream Partners LP Market Cap Distribution

For the Oil & Gas industry and Energy sector, Magellan Midstream Partners LP's Market Cap distribution charts can be found below:

* The bar in red indicates where Magellan Midstream Partners LP's Market Cap falls into.



Magellan Midstream Partners LP Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Magellan Midstream Partners LP's Market Cap for the fiscal year that ended in Dec. 2021 is calculated as

Market Cap (A: Dec. 2021 )=Share Price (A: Dec. 2021 )*Shares Outstanding (EOP) (A: Dec. 2021 )
=$46.44*212.4
=$9,864

Magellan Midstream Partners LP's Market Cap for the quarter that ended in Jun. 2022 is calculated as

Market Cap (Q: Jun. 2022 )=Share Price (Q: Jun. 2022 )*Shares Outstanding (EOP) (Q: Jun. 2022 )
=$47.76*207.684
=$9,919

* 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) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Magellan Midstream Partners LP Market Cap Related Terms

Thank you for viewing the detailed overview of Magellan Midstream Partners LP's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Magellan Midstream Partners LP Business Description

Magellan Midstream Partners LP logo
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
Somasundaram Sivasankaran director C/O APERGY CORPORATION 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9 THE WOODLANDS TX 77381
Roles Mark B officer: Senior Vice President ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172
Pearson Michael C officer: Senior Vice President ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172
Joung Chansoo director C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017
Holman Jeffrey L officer: Senior Vice President & CFO ONE WILLIAMS CENTER TULSA OK 74172
Little Melanie A officer: Senior Vice President ONE WILLIAMS CENTER, SUITE 2800 TULSA OK 74172
Guay Edward J director ONE WILLIAMS CENTER, SUITE 2800 TULSA OK 74172
Gobillot Lori director 5103 CITY WEST BLVD. 4TH FLOOR HOUSTON TX 77042
Aaronson Michael officer: Senior Vice President 16666 NORTHCHASE DRIVE HOUSTON TX 77060
Milford Aaron L officer: Senior Vice President & CFO ONE WILLIAMS CENTER TULSA OK 74172
Methvin Stacy P. director 777 HIDDEN RIDGE IRVING TX 75038
Barnes Robert L officer: Senior Vice President ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172
Osborne Michael P officer: Senior VP & CFO ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172
May Douglas J officer: Senior Vice President ONE WILLIAMS CENTER, SUITE 4100 TULSA OK 74172
Davied Larry J officer: Senior Vice President ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172

Magellan Midstream Partners LP Headlines

Other Sources

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)