Magellan Midstream Partners, L.P.

Magellan Midstream Partners, L.P.verified

MMP

Price:

$69

Market Cap:

$13.94B

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates through Refined Products and Crude Oil segments. The company operates refined products pipeline that transports gasoline, diesel fuel, aviation fuel, kerosene, and heating oil to wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. Further, it provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2001-03-19

Stock Exchange

NYSE

Ticker

MMP

The PE Ratio as of July 2024 (TTM) for Magellan Midstream Partners, L.P. (MMP) is 13.80

According to Magellan Midstream Partners, L.P.’s latest financial reports and current stock price. The company's current PE Ratio is 13.80. This represents a change of 23.58% compared to the average of 11.17 of the last 4 quarters.

Magellan Midstream Partners, L.P. (MMP) Historical PE Ratio (quarterly & annually)

How has MMP PE Ratio performed in the past?

The mean historical PE Ratio of Magellan Midstream Partners, L.P. over the last ten years is 16.21. The current 13.80 PE Ratio has changed 8.41% with respect to the historical average. Over the past ten years (40 quarters), MMP's PE Ratio was at its highest in in the June 2014 quarter at 32.65. The PE Ratio was at its lowest in in the September 2018 quarter at 6.59.

Quarterly (TTM)
Annual

Average

16.21

Median

16.35

Minimum

9.78

Maximum

24.65

Magellan Midstream Partners, L.P. (MMP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Magellan Midstream Partners, L.P. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 44.12%

Maximum Annual PE Ratio = 24.65

Minimum Annual Increase = -47.48%

Minimum Annual PE Ratio = 9.78

Quarterly (TTM)
Annual
YearPE RatioChange
202210.15-2.31%
202110.39-11.27%
202011.71-16.87%
201914.0944.12%
20189.78-47.48%
201718.62-13.31%
201621.4713.81%
201518.87-15.68%
201422.38-9.22%
201324.659.84%

Magellan Midstream Partners, L.P. (MMP) Average PE Ratio

How has MMP PE Ratio performed in the past?

The current PE Ratio of Magellan Midstream Partners, L.P. (MMP) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

10.75

5-year avg

11.23

10-year avg

16.21

Magellan Midstream Partners, L.P. (MMP) PE Ratio vs. Peers

How is MMP’s PE Ratio compared to its peers?

Magellan Midstream Partners, L.P.’s PE Ratio is less than Kinder Morgan, Inc. (19.40), greater than Enterprise Products Partners L.P. (11.61), less than The Williams Companies, Inc. (17.96), greater than MPLX LP (10.89), less than Energy Transfer LP (13.90), less than Enbridge Inc. (17.55), greater than Plains All American Pipeline, L.P. (12.78), less than Crestwood Equity Partners LP (16.39), less than ONEOK, Inc. (21.31), greater than Holly Energy Partners, L.P. (10.81), greater than NuStar Energy L.P. (13.46), greater than Western Midstream Partners, LP (10.87),

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