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Magellan Midstream Partners LP
Refined Petroleum Pipelines OK, United States
Company Description
Magellan Midstream Partners LP transports, stores and distributes refined petroleum products. The company operates through three segments: Petroleum Pipeline System, Petroleum Terminals and Ammonia Pipeline System. The Petroleum Pipeline System segment includes approximately 9,600 miles of pipeline and 51 terminals that provide transportation, storage and distribution services. The Petroleum Pipeline System covers a 13-state area extending from Texas through the Midwest to Colorado, North Dakota, Minnesota, Wisconsin and Illinois. The products transported on Petroleum Pipeline System are primarily gasoline, distillates, LPGs, aviation fuels and crude oil. The Petroleum Terminals segment is comprised of storage terminals and inland terminals, which store and distribute petroleum products throughout 13 states. The storage terminals are comprised of six facilities that have marine access and are located near major refining hubs along the U.S. Gulf and East Coasts. Its 27 inland terminals are part of a distribution network located principally throughout the southeastern United States. These inland terminals are connected to large, third-party interstate pipelines and are utilized by retail suppliers, wholesalers and marketers to transfer gasoline and other petroleum products from these pipelines to trucks, railcars or barges for delivery to their final destination. The Ammonia Pipeline System segment consists of 1,100-mile ammonia pipeline and six company-owned terminals. The company was founded in August 2000 and is headquartered in Tulsa, OK.