Latest Magellan Navigation Stories

Magellan Midstream to Present at 2013 Master Limited Partnership Investor Conference

2013-05-20 08:22:36

TULSA, Okla., May 20, 2013 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that John Chandler, chief financial officer, will present at the 2013 Master Limited Partnership Conference hosted by the National Association of Publicly Traded Partnerships at 8:30 a.m. Eastern on Thurs., May 23 at the Hilton Stamford Hotel and Executive Meeting Center in Stamford, Connecticut. A copy of the slide presentation and audio webcast will be available live on the day...

Magellan Petroleum Closes Convertible Preferred Issuance, Receives $23.5 Million in Proceeds, and Appoints Two New Directors

2013-05-20 08:21:33

DENVER, May 20, 2013 /PRNewswire/ -- Magellan Petroleum Corporation ("Magellan" or the "Company") (NASDAQ: MPET) today announced that on May 17, 2013 (the "Closing Date"), the Company closed the transaction contemplated by the Series A Convertible Preferred Stock Purchase Agreement (the "Series A Purchase Agreement") with One Stone Holdings II LP, an affiliate of One Stone Energy Partners LP (collectively, "One Stone"), a New York based private equity firm focused on investments in...

Orthocare Innovations' Prosthetic Foot Ankle System Wins 2013 Edison Award

2013-04-26 12:27:28

Magellan Microprocessor Foot Ankle System Honored as Best Science/Medical Assistive Technology Breakthrough WASHINGTON, April 26, 2013 /PRNewswire/ -- Thomas Edison's spirit for discovery is alive and well at Orthocare Innovations (www.orthocareinnovations.com), which the Edison Awards(TM) has recognized with its top award in the Science and Medicine-Assistive Device category (www.edisonawards.com/winners2013.php). (Photo: http://photos.prnewswire.com/prnh/20130426/DA02518)...

Magellan Petroleum Announces Participation in IPAA's OGIS New York Investor Conference

2013-04-15 16:23:05

DENVER, April 15, 2013 /PRNewswire/ -- Magellan Petroleum Corporation ("Magellan" or the "Company") (NASDAQ: MPET) today announces that the Company will be participating in the following investor event: April 16, 2013 - IPAA's OGIS New York. Tom Wilson, President and CEO, will present at 10:55 AM Eastern Time. Magellan's presentation materials for this event will be available before market open on Tuesday, April 16, 2013, on the Company's website at www.magellanpetroleum.com....

Magellan Midstream to Announce First-Quarter Financial Results on May 2

2013-04-02 12:21:07

TULSA, Okla., April 2, 2013 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for first quarter 2013 before the market opens on Thurs., May 2. Management will discuss first-quarter earnings and outlook for the remainder of 2013 during a conference call with analysts at 1:30 p.m. Eastern the same day. To participate in the conference call, dial (888) 427-9411 and provide code 1399345. Investors also may listen to the call via the...

Garmin Forerunner 910XT Best Ultra Running Watch 2013 By HRWC

2013-03-17 23:01:11

Garmin 910XT has been cited as the best ultra-running watch for 2013 by the Heart Rate Watch Company. Suunto Ambit, Garmin fenix and Magellan Switch Up were also contenders. Boeman, MT (PRWEB) March 17, 2013 The Garmin Forerunner 910XT has been voted as the best ultra-running watch for 2013 by the Heart Rate Watch Company testers. "The field of candidates was a lot tougher this year with some new entries like the Magellan Switch Up, which is an excellent ultra watch in its own right,...

CTIA -The Wireless Association Selects Orthocare Innovations for National Spotlight Featuring Its Cutting-Edge Wireless Technology

2013-03-11 16:24:07

Orthocare Innovations' Magellan(TM) Microprocessor Foot Ankle System Presented in TV, Web Ad Campaign WASHINGTON, March 11, 2013 /PRNewswire/ -- Orthocare Innovations (www.orthocareinnovations.com) and its Magellan Microprocessor Foot Ankle system are featured in a national multimedia advertising campaign, sponsored by CTIA-The Wireless Association(TM) (www.ctia.org). The Washington, D.C.-based trade group, which represents all facets of the United States wireless industry,...

Magellan Midstream to Acquire 800 Miles of Refined Petroleum Products Pipeline

2013-02-22 08:21:54

TULSA, Okla., Feb. 22, 2013 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has agreed to acquire approximately 800 miles of refined petroleum products pipeline from Plains All American Pipeline, L.P. (NYSE: PAA) for $190 million. "This acquisition utilizes Magellan's expertise in transporting and storing petroleum products," said Michael Mears, chief executive officer. "These pipelines are a natural extension of our existing refined products...

Magellan Midstream Increases Quarterly Cash Distribution to 50 Cents

2013-01-22 16:22:25

TULSA, Okla., Jan. 22, 2013 /PRNewswire/ -- The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to 50 cents per unit for the period Oct. 1 through Dec. 31, 2012, representing the 43(rd) distribution increase since its initial public offering in 2001. The fourth-quarter 2012 distribution is 23% higher than the fourth-quarter 2011 distribution of 40.75 cents per unit and represents a 3% increase over the...

Magellan Petroleum Announces the Repurchase of 17% of its Common Stock

2013-01-17 08:21:05

DENVER, Jan. 17, 2013 /PRNewswire/ -- Magellan Petroleum Corporation ("Magellan" or the "Company") (NASDAQ: MPET) (ASX: MGN) today announced that on January 14, 2013, the Company entered into a Collateral Purchase Agreement with Sopak AG ("Sopak"), a Swiss subsidiary of Glencore International plc. Under the terms of this agreement, Magellan agreed to purchase from Sopak 9,264,637 shares of Magellan's common stock and a warrant granting Sopak the right to purchase from the Company an...