Magellan Midstream Partners L.P. Limited Partnership (MMP): Price and Financial Metrics

MMP POWR Grades

• MMP scores best on the Momentum dimension, with a Momentum rank ahead of 95.76% of US stocks.
• The strongest trend for MMP is in Quality, which has been heading up over the past 179 days.
• MMP ranks lowest in Growth; there it ranks in the 9th percentile.

MMP Stock Summary

• The ratio of debt to operating expenses for MAGELLAN MIDSTREAM PARTNERS LP is higher than it is for about 92.72% of US stocks.
• In terms of volatility of its share price, MMP is more volatile than just 0.84% of stocks we're observing.
• MAGELLAN MIDSTREAM PARTNERS LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 12.32%, greater than the shareholder yield of 86.65% of stocks in our set.
• Stocks that are quantitatively similar to MMP, based on their financial statements, market capitalization, and price volatility, are SPH, EHC, NFE, PBA, and GTY.
• MMP's SEC filings can be seen here. And to visit MAGELLAN MIDSTREAM PARTNERS LP's official web site, go to www.magellanlp.com.

MMP Valuation Summary

• In comparison to the median Energy stock, MMP's EV/EBIT ratio is 19% higher, now standing at 11.9.
• MMP's price/sales ratio has moved up 0.7 over the prior 243 months.

Below are key valuation metrics over time for MMP.

MMP Growth Metrics

Its 4 year net cashflow from operations growth rate is now at 55.52%.
• The 2 year cash and equivalents growth rate now stands at -92.44%.
• The 3 year price growth rate now stands at -21.76%.

Over the past 33 months, MMP's revenue has gone up $420,817,000.

The table below shows MMP's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	3,148.729	1,105.923	1,093.066
2022-06-30	2,911.683	1,000.545	999.665
2022-03-31	2,776.726	1,056.361	926.182
2021-12-31	2,733.1	1,196.2	982
2021-09-30	2,540.094	1,146.35	922.254
2021-06-30	2,499.304	1,137.08	897.293

MMP's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MMP has a Quality Grade of B, ranking ahead of 86.33% of graded US stocks.
• MMP's asset turnover comes in at 0.304 -- ranking 65th of 137 Transportation stocks.
• JBLU, EXPE, and ALK are the stocks whose asset turnover ratios are most correlated with MMP.

The table below shows MMP's key quality metrics over time.