Magellan Midstream Partners
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Oil & Gas
Limited Partner
Exchange Listing Date 2/6/2001
Commodity Exposure Oil & Gas
Primary Operating Regions Mid Continent
Distribution Payment Type QUARTERLY CASH
General Partner Magellan GP, LLC
Incentive Distribution Rights NONE
Market Capitalization $11,406(MM)
Common Units 228,404,428
Subordinated Class  
At The Money Issuance Program N
Most Recent Secondary Offering  
Previous Secondary Offering  
Institutional Ownership 62.60%
Total Long Term Debt  
Value Chain Midstream
Other Operating Regions  
Tax Treatment of Income
Multi-State Income:   Y
GP or Sponsor Ticker  
General Partner Distribution Split No Incentive Payments
Total Units
As of Date :   9/30/2019
Class A/B/C/D/E/F 0
Subordinated Units  
At The Money (ATM) Issuance 0
Most Recent Secondary Amount
Previous Secondary Amount  
Insider Ownership 0.19%
K-1 Dates
Tax Year:   2/24/2017
Partnership Details    Asset Map

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of petroleum products in the United States. The company's petroleum pipeline system transports petroleum products, such as gasoline, diesel and aviation fuel, heating oil, crude oil, and liquefied petroleum gas for independent and integrated oil companies, wholesalers, retailers, railroads, airlines, and regional farm cooperatives. It owns and operates storage terminals that have storage capacity of approximately 36 million barrels; and provides distribution, storage, blending, inventory management, and additive injection services for refiners and other end-users of petroleum products. In addition, the company owns and operates inland terminals that have a combined storage capacity of approximately 5 million barrels; and provides inventory and supply management, distribution, and gasoline additives injection services for retail, industrial, and commercial sale markets. Further, its ammonia pipeli More...

Management Background
Name Title Tenure Prev. Role Base Comp. Total Comp. Year
Michael N. Mears CEO/President 2011 Williams Companies $ 666,346 $ 3,645,100 2016
$ 595,385 $ 3,623,079 2015
$ 557,115 $ 3,646,381 2014
$ 494,231 $ 2,768,809 2012
Aaron L. Milford CFO 2004 Williams Companies $ 295,385 $ 1,345,649 2016
$ 237,074 $ 988,972 2015
Michael P. Osborne CFO 2013 Ernst & Young $ 318,577 $ 1,838,585 2014
John D. Chandler CFO 2011 Williams Companies $ 393,269 $ 2,600,818 2013
$ 375,038 $ 1,767,135 2012
Insider Transactions
Total $ Purchases 0 0 $1,269,475
Total $ Sales 0 0 $991,246

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