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 97.32% of US stocks.
• The strongest trend for MMP is in Growth, which has been heading up over the past 179 days.
• MMP ranks lowest in Sentiment; there it ranks in the 12th percentile.

MMP Stock Summary

• MMP's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 215.97 -- higher than 87.07% of US-listed equities with positive expected earnings growth.
• For MMP, its debt to operating expenses ratio is greater than that reported by 91.82% of US equities we're observing.
• The volatility of MAGELLAN MIDSTREAM PARTNERS LP's share price is greater than that of just 1.19% US stocks with at least 200 days of trading history.
• Stocks that are quantitatively similar to MMP, based on their financial statements, market capitalization, and price volatility, are NFE, EHC, AROC, RADI, and RLJ.
• Visit MMP's SEC page to see the company's official filings. To visit the company's web site, go to www.magellanlp.com.

MMP Valuation Summary

• MMP's price/earnings ratio is 10.3; this is 24.1% higher than that of the median Energy stock.
• MMP's price/sales ratio has moved up 1 over the prior 243 months.

Below are key valuation metrics over time for MMP.

MMP Growth Metrics

Its 5 year cash and equivalents growth rate is now at 2019.87%.
• The 2 year cash and equivalents growth rate now stands at -92.44%.
• Its 2 year revenue growth rate is now at -3.65%.

MMP's revenue has moved up $318,617,000 over the prior 34 months.

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
2022-12-31	3,200.4	1,141.3	1,036.4
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

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.