Magellan Midstream Partners, L.P. (MMP)

69.00 +0.46 (+0.67%) At close: 04:01PM EDT

Magellan Midstream Partners, L.P.

One Williams Center
P.O. Box 22186
Tulsa, OK 74121-2186
United States
918 574 7000
https://www.magellanlp.com

Sector(s): Energy
Industry: Oil & Gas Midstream
Full-time employees: 1,655

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Aaron L. Milford	Pres, CEO & Director of Magellan GP LLC	787.58k	N/A	1974
Mr. Jeffrey L. Holman	Principal Accounting Officer, Exec. VP, CFO & Treasurer of Magellan GP LLC	583.5k	N/A	1972
Mr. Douglas J. May J.D.	SVP, Gen. Counsel, Compliance & Ethics Officer and Assistant Sec. of Magellan GP LLC	486.25k	N/A	1971
Mr. Michael J. Aaronson	Exec. VP & Chief Commercial Officer of Magellan GP LLC	482.52k	N/A	1975
Mr. James R. Hoskin	Sr. VP of Operations	N/A	N/A	N/A
Mr. Michael C. Pearson	Sr. VP of Technical Services - Magellan GP LLC	N/A	N/A	1963
Ms. Lisa J. Korner	Sr. VP of HR & Admin.	N/A	N/A	1961
Ms. Paula Farrell	Associate VP of Investor Relations - Magellan GP LLC	N/A	N/A	N/A
Mr. Mark B. Roles	Sr. VP of Commercial & Refined Products - Magellan GP LLC	N/A	N/A	1975
Mr. Kyle T. Krshka	Sr. VP of Commercial – Crude Oil of Magellan GP, LLC	N/A	N/A	1985

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates refined products pipeline that transports gasoline, diesel and aviation fuel, kerosene, and heating oil to refiners, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. It also provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. In addition, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. Magellan Midstream Partners, L.P. was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.

Corporate governance

Magellan Midstream Partners, L.P.’s ISS governance QualityScore as of 1 September 2023 is 4. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 7; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.