Magellan Midstream Partners (MMP) Tops Q3 EPS by 13c, Raises Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Magellan Midstream Reports Significantly Higher Third-Quarter Financial Results, Increases Annual DCF Guidance to Record $920 Million for 2015
November 3, 2015 8:30 AM ESTTULSA, Okla., Nov. 3, 2015 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $251.0 million for third quarter 2015, an increase of $52.4 million, or 26% higher than the $198.6 million generated in third quarter 2014.
Distributable cash flow (DCF), a non-generally accepted accounting principles (non-GAAP) financial measure that represents the amount of cash generated during the period that is available to pay distributions, was $230.0 million for third quarter 2015 compared to $183.4 million for third quarter 2014, representing a 25% increase.
Diluted net income per limited partner unit was $1.10 in third quarter 2015 and 87 cents in... More
