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Latest Magellan Midstream Partners L.P. Stories

2014-07-24 08:26:50

TULSA, Okla., July 24, 2014 /PRNewswire/ -- The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to 64 cents per unit for the period April 1 through June 30, 2014, representing the 49(th )distribution increase since its initial public offering in 2001. The second-quarter 2014 distribution is 20% higher than the second-quarter 2013 distribution of 53.25 cents per unit and represents a 4% increase over the...

2014-07-09 08:22:56

TULSA, Okla. and HOUSTON, July 9, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") and Occidental Petroleum Corporation (NYSE: OXY) announced today that BridgeTex Pipeline has launched a supplemental open season for additional transportation commitments on the pipeline. Interested customers must submit binding commitments by 5:00 p.m. Central Time on August 7, 2014. Construction of the BridgeTex Pipeline commenced in November 2012 following an initial...

2014-07-01 12:23:35

TULSA, Okla., July 1, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for second quarter 2014 before the market opens on Tues., Aug. 5. Management will discuss second-quarter earnings and outlook for the remainder of 2014 during a conference call with analysts at 1:30 p.m. Eastern the same day. To join the conference call, dial (888) 401-4669 and provide code 3902777. Investors also may listen to the call via the partnership's...

2014-06-09 12:23:11

TULSA, Okla., June 9, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears, chief executive officer, will present at the Credit Suisse MLP and Energy Logistics Conference at 1:15 p.m. Eastern on Tues., June 10 in New York City. A copy of the slide presentation and audio webcast will be available live on the day of the event on the partnership's website at www.magellanlp.com/webcasts.aspx. A replay of the webcast also will be...

2014-06-06 08:20:42

Ready to Accept Applications from Spot Shippers TULSA, Okla. and HOUSTON, June 6, 2014 /PRNewswire/ -- BridgeTex Pipeline Company, LLC, a company owned by Magellan Midstream Partners, L.P. (NYSE: MMP) and Occidental Petroleum Corporation (NYSE: OXY), plans to begin the commissioning of the BridgeTex Pipeline in the third quarter of 2014. Given the significant need for crude oil transportation service from the Permian Basin to the Houston Gulf Coast area and in order to accommodate...

2014-05-19 12:23:08

TULSA, Okla., May 19, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears, chief executive officer, will present at the 2014 Master Limited Partnership Conference hosted by the National Association of Publicly Traded Partnerships at 10:15 a.m. Eastern on Thurs., May 22 in Ponte Vedra Beach, Florida. A copy of the slide presentation and audio webcast will be available live on the day of the event on the partnership's website at...

2014-05-06 08:25:36

Increases Annual Distributable Cash Flow Guidance to $810 Million for 2014 TULSA, Okla., May 6, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) today reported record quarterly operating profit of $275.1 million for first quarter 2014, an increase of $132.6 million, or 93%, compared to $142.5 million for first quarter 2013. Net income more than doubled to a quarterly record of $242.6 million for first quarter 2014 compared to $113.0 million for first quarter 2013,...

2014-05-05 20:21:37

TULSA, Okla., May 5, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it is proceeding with its pipeline project to deliver refined petroleum products to Little Rock, Arkansas, supported by commitments from its recent open season. As previously announced, Magellan plans to transport up to 75,000 barrels per day of gasoline, diesel fuel and jet fuel to Little Rock from the partnership's Ft. Smith, Arkansas terminal, providing the Little Rock...

2014-04-24 08:26:47

TULSA, Okla, April 24, 2014 /PRNewswire/ -- The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to 61.25 cents per unit for the period Jan. 1 through March 31, 2014, representing the 48(th )distribution increase since its initial public offering in 2001. The first-quarter 2014 distribution is 21% higher than the first-quarter 2013 distribution of 50.75 cents per unit and represents a 5% increase over the...

2014-04-11 12:20:16

TULSA, Okla., April 11, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for first quarter 2014 before the market opens on Tues., May 6. Management will discuss first-quarter earnings and outlook for the remainder of 2014 during a conference call with analysts at 1:30 p.m. Eastern the same day. To join the conference call, dial (888) 466-4462 and provide code 1956876. Investors also may listen to the call via the partnership's...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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