MMP(Delisted)
Magellan Midstream PartnersยทNYSE
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MMP Profile
Magellan Midstream Partners, L.P.
A company that primarily transports, stores and distributes refined petroleum products and crude oil
One Williams Center, P.O. Box 22186, Tulsa, Oklahoma 74121-2186
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Magellan Midstream Partners, L.P., is a limited partnership incorporated in Delaware, USA in August 2000. Most of the company's operating profit comes from oil pipeline systems and oil terminals, and the company provides transportation and warehousing services to customers. The revenue generated by these businesses was significantly affected by the demand for refined petroleum products and crude oil. In addition, the company derives operating profits from commodity-related activities. Operating expenses are primarily fixed costs, including routine maintenance and system integrity, as well as on-site and support staff. Other expenses include power supply, fluctuating shipping volumes in the company's pipelines, and terminal storage.
