Magellan Midstream Reports Second-Quarter 2020 Financial Results

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Magellan Midstream Partners (MMP) Tops Q2 EPS by 37c, Revenues Beat

July 30, 2020 8:10 AM EDT

Magellan Midstream Partners (NYSE: MMP) reported Q2 EPS of $1.11, $0.37 better than the analyst estimate of $0.74. Revenue for the quarter came in at $701.7 million versus the consensus estimate of $580.72 million.

"Magellan delivered results against the backdrop of a challenging environment for our industry... More