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Magellan Midstream Partners, L.P.: what insiders have been doing
Headquartered in Tulsa, Magellan Midstream Partners, L.P. belongs to the Energy sector. Filings by its managers are published through SEC (Form 4). No insider at Magellan Midstream Partners, L.P. has published a filing in the past twelve months. The most recent one dates from 27 September 2023.
Our records for Magellan Midstream Partners, L.P. go back to 2016, with no purchases and 4 sales on the open market in total.
Elsewhere in the same sector, our signals recently picked up insider purchases at AXIA Energia S.A. and RGC Resources Inc. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Insider Decl.
70
Thresholds
n/a
Buy Volume
n/a
n/a
Sell Volume
€1M
4 ops. · all time
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2022FY ended December 2022 · cache
Income statement
RevenueUS$2.5B
Net incomeUS$892.3M35.5% margin
Last declaration on 27 September 2023
Declarations70 total
2,000 sharesCommon UnitsSEC:0001213900-23-080058:0
2,988 sharesCommon UnitsSEC:0001213900-23-080059:0
2,402 sharesCommon UnitsSEC:0001213900-23-080076:0
5,204 sharesCommon UnitsSEC:0001213900-23-080055:0
90,354 sharesCommon UnitsSEC:0001213900-23-080074:0
72,788 sharesCommon UnitsSEC:0001213900-23-080069:0
45,863 sharesCommon UnitsSEC:0001213900-23-080061:0
50,679 sharesCommon UnitsSEC:0001213900-23-080054:0
27,786 sharesCommon UnitsSEC:0001213900-23-080068:0
3,578 sharesCommon UnitsSEC:0001213900-23-080052:0
83,754 sharesCommon UnitsSEC:0001213900-23-080072:0
38,761 sharesCommon UnitsSEC:0001213900-23-080049:0
14,620 sharesCommon UnitsSEC:0001213900-23-080065:0
28,464 sharesCommon UnitsSEC:0001213900-23-080073:0
71,521 sharesCommon UnitsSEC:0001213900-23-080063:0
500 shares@ US$69.00100.0% of flowCommon UnitsSEC:0001213900-23-079696:0
522 shares@ US$69.00100.0% of flowCommon UnitsSEC:0001213900-23-079695:0
27,701 shares@ US$50.2155.8% of flowCommon UnitsSEC:0001126975-23-000033:0
12,158 shares@ US$50.2152.7% of flowCommon UnitsSEC:0001126975-23-000026:0
2,691 shares@ US$50.1851.0% of flowCommon UnitsSEC:0001126975-23-000032:0
2,691 shares@ US$50.1851.0% of flowCommon UnitsSEC:0001126975-23-000036:0
13,697 shares@ US$50.2151.7% of flowCommon UnitsSEC:0001126975-23-000035:0
13,204 shares@ US$50.2135.9% of flowCommon UnitsSEC:0001126975-23-000023:0
2,309 shares@ US$50.2150.5% of flowCommon UnitsSEC:0001126975-23-000027:0
2,691 shares@ US$50.1831.6% of flowCommon UnitsSEC:0001126975-23-000034:0
25 of 70 declarations
About Magellan Midstream Partners, L.P.
Magellan Midstream Partners, L.P. was a U.S. midstream energy infrastructure company historically listed on the NYSE under the ticker MMP and headquartered in Tulsa, Oklahoma, United States. The partnership was formed in August 2000 as a Delaware limited partnership and became one of the best-known names in North American refined-products logistics before its 2023 acquisition by ONEOK. For investors, the key point is that Magellan’s model was infrastructure-based rather than commodity-production-based: cash flow depended primarily on transported volumes, storage utilization and tariff structures rather than direct exposure to oil prices.
Before the merger, Magellan’s core business centered on the transportation, storage and distribution of refined petroleum products and crude oil. Its refined-products segment was anchored by an approximately 9,800-mile pipeline system, 54 terminals and two marine storage terminals, making it one of the largest refined-products pipeline networks in the United States. The company also operated a crude-oil segment with roughly 2,200 miles of pipelines, material storage capacity and a condensate splitter. Historically, Magellan also maintained an ammonia pipeline business, which broadened its logistics footprint and reinforced its specialty-infrastructure profile.
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Magellan’s competitive position was built on scale, asset quality, geographic reach and the essential nature of its network. Its pipeline and terminal system linked key refining centers, demand hubs and distribution corridors across the central United States, giving it an important role in moving gasoline, diesel and crude oil to market. Because many of its revenues were supported by long-term contracts or tariff-based arrangements, the business had a more defensive cash-flow profile than upstream energy companies. In the midstream sector, that combination of regulated-like economics, strategic assets and customer relationships created meaningful barriers to entry.
From a product and service perspective, Magellan’s offering included pipeline transportation, terminaling, storage, blending and related logistics services for refined products and crude oil. Its assets were particularly relevant to fuel distribution across the U.S. Gulf Coast, Midwest and broader domestic refining network, where connectivity and reliability are critical.
The most important recent corporate development was the announcement and completion of ONEOK’s acquisition of Magellan in 2023, a transaction valued at approximately $18.8 billion. As a result, Magellan ceased to be an independent publicly traded issuer after the deal closed. For market participants reviewing legacy filings or insider activity, that transaction is the defining recent event and should be viewed as the end point of Magellan’s standalone public-company history on the NYSE in the United States.
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