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1 Williams Center Tulsa, OK 74172 OK Tel. 918-574-7000 Toll Free 800-574-6671 Fax 918-573-6714 |
Type: Public
On the web:
http://www.magellanlp.com
Employees:
1,297
Employee growth: 2.0%
Having circumnavigated the world of midstream energy assets, Magellan Midstream Partners is looking to discover even more profits. The energy infrastructure enterprise has ammonia and petroleum products storage, transportation, and distribution assets. Magellan Midstream Partners' portfolio includes 27 inland terminals, and 1,100 miles of ammonia pipeline, 9,600 miles of refined petroleum pipeline, and more than 50 distribution terminals (with a combined usable storage capacity of 37 million barrels) in the US Midwest. The partnership also owns seven marine terminal facilities on the US East and Gulf coasts.
Key numbers for fiscal year ending December, 2011:
Sales: $1,748.7M
One year growth: 12.3%
Net income: $413.6M
Income growth: 32.6%
Officers:
Chairman, President, and CEO: Michael N. (Mike) Mears
SVP and CFO: John D. Chandler
SVP Business Development: Brett C. Riley
Competitors:
Dynegy
Enterprise Products
Transammonia