MMP - Earnings announcements

TULSA, Okla., Aug. 3, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) ("Magellan") today reported net income of $239 million for second quarter 2023, compared to $354 million for second quarter 2022. The prior period included a $162 million gain on the sale of discontinued operations related to the June 2022 divestiture of our independent terminals network. Excluding the prior period gain, the increase in second quarter 2023 net income was driven by higher profits from our commodity-related activities and overall improved financial results from our core fee-based transportation and terminals activities. 

TULSA, Okla., June 29, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) plans to announce financial results for second quarter 2023 before the market opens on Thursday, Aug. 3. Management will discuss second-quarter 2023 earnings and outlook for the remainder of the year during a conference call with analysts at 1:30 p.m. Eastern the same day. Participants are encouraged to listen to the call via our website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (800) 954-0684, conference code 22027326.

Brings together two premier energy infrastructure businesses with strong returns on invested capital and diverse free cash flow generation Expect to achieve immediate financial benefits, including cost, operational and tax synergies, supporting meaningful expected accretion Compelling long-term value proposition driven by consistent and disciplined capital allocation philosophy Complementary and diversified asset positions with potential for additional cost and commercial synergies over time Strong investment-grade credit ratings with enhanced scale and diversification TULSA, Okla., May 14, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) ("ONEOK") and Magellan Midstream Partners, L.P. (NYSE:MMP)

TULSA, Okla., May 4, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) today reported net income of $274 million for first quarter 2023, compared to $166 million for first quarter 2022. The increase in current year net income was largely driven by higher profits from our commodity-related activities in part due to favorable mark-to-market ("MTM") adjustments for related hedge positions, as well as overall improved financial results from our core fee-based transportation and terminals activities.  Diluted net income per common unit was $1.34 in first quarter 202

TULSA, Okla., April 3, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) plans to announce financial results for first quarter 2023 before the market opens on Thursday, May 4. Management will discuss first-quarter 2023 earnings and outlook for the remainder of the year during a conference call with analysts at 1:30 p.m. Eastern the same day. Participants are encouraged to listen to the call via our website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (800) 768-3232, conference code 22026602. A

TULSA, Okla., Jan. 3, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) plans to announce financial results for fourth quarter 2022 before the market opens on Thursday, Feb. 2. Management will discuss fourth-quarter 2022 earnings and annual guidance for 2023 during a conference call with analysts at 1:30 p.m. Eastern the same day. Participants are encouraged to listen to the call via our website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (800) 951-1214, conference code 22024853. A replay of t

TULSA, Okla., Oct. 27, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) today reported net income of $330 million for third quarter 2022, compared to $237 million for third quarter 2021. The increase in current year net income was largely driven by higher profits from our commodity-related activities due to favorable mark-to-market (MTM) adjustments for related hedge positions, as well as overall improved financial results from our core fee-based transportation and terminals activities. Diluted net income per common unit was $1.59 in third quarter 2022 and $1.

TULSA, Okla., Sept. 29, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) plans to announce financial results for third quarter 2022 before the market opens on Thursday, Oct. 27. Management will discuss third-quarter 2022 earnings and outlook for the remainder of the year during a conference call with analysts at 1:30 p.m. Eastern the same day. Participants are encouraged to listen to the call via our website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (800) 918-9578, conference code 22020537.

TULSA, Okla., July 28, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) today reported net income of $354 million for second quarter 2022 compared to $280 million for second quarter 2021. The current period includes a $162 million gain on the sale of discontinued operations related to the June 2022 divestiture of our independent terminals network, and the prior year includes a $70 million gain primarily from the sale of a portion of our interest in the Pasadena marine terminal joint venture. Diluted net income per common unit was $1.67 in second quarter 2022,

TULSA, Okla., June 29, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) plans to announce financial results for second quarter 2022 before the market opens on Thursday, July 28. Management will discuss second-quarter 2022 earnings and outlook for the remainder of the year during a conference call with analysts at 1:30 p.m. Eastern the same day. Participants are encouraged to listen to the call via our website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (800) 754-1366, conference code 22019355

TULSA, Okla., May 5, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) today reported net income of $166 million for first quarter 2022 compared to $221 million for first quarter 2021. The decrease in net income primarily resulted from mark-to-market (MTM) adjustments for hedge positions related to our commodity-related activities in the current higher commodity pricing environment as well as the favorable impact to our prior-year results from the 2021 winter storms. Diluted net income per common unit was 78 cents in first quarter 2022 and 99 cents in first qua

TULSA, Okla., April 6, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) plans to announce financial results for first quarter 2022 before the market opens on Thursday, May 5. Management will discuss first-quarter 2022 earnings and outlook for the remainder of the year during a conference call with analysts at 1:30 p.m. Eastern the same day. Participants are encouraged to listen to the call via the partnership's website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (877) 256-4701, conference cod

TULSA, Okla., Jan. 4, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) plans to announce financial results for fourth quarter 2021 before the market opens on Wednesday, Feb. 2. Management will discuss fourth-quarter 2021 earnings and annual guidance for 2022 during a conference call with analysts at 1:30 p.m. Eastern the same day. Participants are encouraged to listen to the call via the partnership's website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (800) 584-2088, conference code 22002316

TULSA, Okla., Nov. 2, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) today reported net income of $237 million for third quarter 2021 compared to $212 million for third quarter 2020. Diluted net income per common unit was $1.08 in third quarter 2021 and 94 cents in third quarter 2020. Diluted net income per unit excluding mark-to-market (MTM) commodity-related pricing adjustments, a non-generally accepted accounting principles (non-GAAP) financial measure, of $1.09 for third quarter 2021 exceeded the 87-cent guidance provided by management in late July. Actu

TULSA, Okla., Sept. 30, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) plans to announce financial results for third quarter 2021 before the market opens on Tuesday, Nov. 2. Management will discuss third-quarter 2021 earnings and outlook for the remainder of the year during a conference call with analysts at 1:30 p.m. Eastern the same day. Participants are encouraged to listen to the call via the partnership's website at www.magellanlp.com/investors/webcasts.aspx. In addition, a limited number of phone lines will be available at (800) 908-8370, conference