Magellan Midstream Reports Higher Second-Quarter Financial Results

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Magellan Midstream Partners (MMP) Tops Q2 EPS by 4c, Revenues Miss

August 2, 2018 8:32 AM EDT

Magellan Midstream Partners (NYSE: MMP) reported Q2 EPS of $1.05, $0.04 better than the analyst estimate of $1.01. Revenue for the quarter came in at $619.44 million versus the consensus estimate of $663.81 million.

"Magellan continues to generate strong financial results bolstered by increased demand for our refined... More