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MMP - Magellan Midstream Partners LP


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Magellan Midstream Partners, L.P., a prominent player in the energy sector, specializes in the transportation, storage, and distribution of refined petroleum products and crude oil across the United States. Founded in 2000 and based in Tulsa, Oklahoma, the company operates through two principal segments: Refined Products and Crude Oil.

Within its Refined Products segment, Magellan manages a vast network of pipelines spanning 9,800 miles, complemented by 54 terminals strategically positioned nationwide. These pipelines facilitate the transport of essential fuels such as gasoline, diesel, aviation fuel, and heating oil to a diverse customer base including wholesalers, retailers, railroads, airlines, and agricultural cooperatives.

The company also offers comprehensive services including terminal operations, ethanol and biodiesel handling, custom blending, and laboratory testing, reinforcing its role as a critical link in the nation's energy supply chain. Magellan's capabilities extend further with additive injection and data services, enhancing operational efficiency and customer satisfaction.

In addition to its refined products operations, Magellan owns and operates approximately 2,200 miles of crude oil pipelines and extensive storage facilities totaling approximately 39 million barrels in capacity. These assets are supported by strategically located marine terminals along coastal waterways, providing essential infrastructure for refiners, marketers, and traders across the country.

Magellan Midstream Partners, L.P. continues to expand its footprint in the energy infrastructure landscape, leveraging its robust network and operational expertise to meet the evolving demands of the industry while maintaining a steadfast commitment to reliability and safety.

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Stock Sector: Energy: Oil & Gas Pipelines

 

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