Magellan Midstream Partners Financials
Magellan Midstream Partners is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
Magellan |
Magellan Midstream Stock Summary
Magellan Midstream competes with Kinder Morgan, Enterprise Products, Williams Companies, MPLX LP, and Energy Transfer. 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 was incorporated in 2000 and is headquartered in Tulsa, Oklahoma. Magellan Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 1715 people.Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US5590801065 |
Business Address | One Williams Center, |
Sector | Oil, Gas & Consumable Fuels |
Industry | Energy |
Benchmark | Dow Jones Industrial |
Website | www.magellanlp.com |
Phone | 918 574 7000 |
Currency | USD - US Dollar |
Magellan Midstream Key Financial Ratios
Return On Equity | 0.59 | |||
Return On Asset | 0.092 | |||
Target Price | 64.78 | |||
Beta | 0.91 | |||
Z Score | 2.69 |
Magellan Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magellan Midstream's current stock value. Our valuation model uses many indicators to compare Magellan Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magellan Midstream competition to find correlations between indicators driving Magellan Midstream's intrinsic value. More Info.Magellan Midstream Partners is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.16 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magellan Midstream Partners is roughly 6.43 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Magellan Midstream by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Magellan Stock
If you are still planning to invest in Magellan Midstream check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magellan Midstream's history and understand the potential risks before investing.
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