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Magellan Midstream Partners, L.P. is an American energy pipeline operator based in Tulsa, Oklahoma that primarily transports, stores and distributes refined petroleum products and crude oil. [2] [3] It owns ammonia and petroleum pipelines in the Mid-Continent oil province . [2]
In May 2023, Cushing was selected as the site for a $5.56 billion crude oil refinery for processing 250,000 barrels per day of light and sweet crudes into low-carbon transportation fuels. [31] The next-generation refinery, built with a goal of zero-carbon footprint operation, should be operational in 2027.
Oneok, Inc. Oneok, Inc. ( / ˈwʌnˌoʊk / WUN-oke [2]) is an American diversified corporation focused primarily on the natural gas industry, and headquartered in Tulsa, Oklahoma. The company is part of the Fortune 500 and S&P 500. [3] Oneok was founded in 1906 as Oklahoma Natural Gas Company, but it changed its corporate name to Oneok in ...
With an oil and gas midstream company such as Magellan Midstream Partners (NYS: MMP) , you expect relatively consistent earnings. So why did Magellan's third-quarter revenue drop by more than 50% ...
Magellan Midstream Partners is thinking about expanding its newly reversed Longhorn pipeline, as demand for pipeline shipments from Texas' Permian Basin continues to grow. According to CEO Mike ...
Magellan Midstream Partners has ambitious plans for its distribution growth this year and next. Those plans rely on the partnership's ability to meet its distributable cash-flow guidance, which it ...
Plains All American Pipeline, L.P. is a master limited partnership engaged in pipeline transport, marketing, and storage of liquefied petroleum gas and petroleum in the United States and Canada. Plains owns interests in 18,370 miles (29,560 km) of pipelines, storage capacity for about 75 million barrels of crude oil, 28 million barrels of NGLs ...
Shares of Magellan Midstream Partners (NYS: MMP) hit a 52-week high on Friday. Let's look at how it got here and whether clear skies are ahead. How it got hereMoving energy around the United ...