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	<title>Stock Blog Hub &#187; Magellan Midstream Partners LP</title>
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		<title>(MMP) Magellan Midstream Partners, L.P. Beats &#8211; Profit Grows</title>
		<link>http://www.stockbloghub.com/2011/11/02/mmp-magellan-midstream-partners-l-p-beats-profit-grows/86362</link>
		<comments>http://www.stockbloghub.com/2011/11/02/mmp-magellan-midstream-partners-l-p-beats-profit-grows/86362#comments</comments>
		<pubDate>Wed, 02 Nov 2011 17:08:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[APL]]></category>
		<category><![CDATA[Atlas Pipeline Partners LP]]></category>
		<category><![CDATA[Enterprise Products Partners Lp]]></category>
		<category><![CDATA[EPD]]></category>
		<category><![CDATA[EPU]]></category>
		<category><![CDATA[Ishares Msci All Peru Capped Index]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>
		<category><![CDATA[PAA]]></category>
		<category><![CDATA[Plains All American Pipeline LP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86362</guid>
		<description><![CDATA[Pipeline operator Magellan Midstream Partners, L.P. (MMP) announced strong third quarter 2011 results, aided by contributions from recently-completed acquisitions and expansion projects. The Tulsa, Oklahoma-based oil distributor reported earnings per unit (EPU) of 79 cents (excluding mark-to-market commodity-related pricing adjustments), surpassing the Zacks Consensus Estimate of 72 cents and the year-ago adjusted profit of 54 cents. Total revenues, at $435.5 million, were up 7.2% year over year and were also above the Zacks Consensus Estimate of $405.0 million. Quarterly Distribution Recently, Magellan raised its third quarter 2011 cash distribution by 1.9% sequentially and 7.4% year over year to 80 cents per unit ($3.20 per unit annualized). The cash distribution is up 205% since its initial public offering (IPO) in the beginning of 2001. Magellan’s new distribution is payable on November ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EPD) Enterprise Products Partners L.P. &#8211; Enbridge in Pipeline Joint Venture</title>
		<link>http://www.stockbloghub.com/2011/10/06/epd-enterprise-products-partners-l-p-enbridge-in-pipeline-joint-venture/84649</link>
		<comments>http://www.stockbloghub.com/2011/10/06/epd-enterprise-products-partners-l-p-enbridge-in-pipeline-joint-venture/84649#comments</comments>
		<pubDate>Thu, 06 Oct 2011 15:25:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[ENB]]></category>
		<category><![CDATA[Enbridge Inc.]]></category>
		<category><![CDATA[Energy Transfer Partners L.P.]]></category>
		<category><![CDATA[Enterprise Products Partners Lp]]></category>
		<category><![CDATA[EPD]]></category>
		<category><![CDATA[ETP]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>
		<category><![CDATA[TransCanada Corporation]]></category>
		<category><![CDATA[TRP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=84649</guid>
		<description><![CDATA[Midstream service providers, Enterprise Products Partners L.P. (EPD) and Enbridge Inc. (ENB) have entered a joint venture agreement to build a pipeline –– Wrangler –– connecting the oil-storage hub of Cushing, Oklahoma, to refiners on the Gulf Coast. With the initial capacity of 800,000 barrel a day (BPD), Wrangler is expected to be the largest pipeline connecting the region, replacing two competing proposals. The project will likely cost about $1.5 billion to $2 billion and will compete with a 500,000 BPD pipeline being planned by TransCanada Corp. (TRP) and Magellan Midstream Partners L.P.&#8216;s (MMP) Longhorn pipeline. The 36-inch diameter proposed line, likely to commence in mid-2013 pending regulatory approvals, will initiate from Enbridge&#8217;s Cushing terminal and travel 500 miles south to Enterprise&#8217;s ECHO crude oil storage terminal in southeast Harris ]]></description>
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		</item>
		<item>
		<title>(MMP) Magellan Midstream Partners, L.P. Beats EPS &#8211; Misses Revenue</title>
		<link>http://www.stockbloghub.com/2011/08/05/mmp-magellan-midstream-partners-l-p-beats-eps-misses-revenue/80598</link>
		<comments>http://www.stockbloghub.com/2011/08/05/mmp-magellan-midstream-partners-l-p-beats-eps-misses-revenue/80598#comments</comments>
		<pubDate>Fri, 05 Aug 2011 17:44:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[APL]]></category>
		<category><![CDATA[Atlas Pipeline Partners LP]]></category>
		<category><![CDATA[EPU]]></category>
		<category><![CDATA[Ishares Msci All Peru Capped Index]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>
		<category><![CDATA[Sunoco Logistics Partners LP]]></category>
		<category><![CDATA[SXL]]></category>
		<category><![CDATA[Williams Partners L.P.]]></category>
		<category><![CDATA[WPZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80598</guid>
		<description><![CDATA[Pipeline operator Magellan Midstream Partners, L.P. (MMP) announced better-than-expected second quarter 2011 profits, aided by contributions from recently-completed acquisitions and expansion projects. The Tulsa, Oklahoma-based oil distributor reported earnings per unit (EPU) of 91 cents (excluding mark-to-market commodity-related pricing adjustments), surpassing the Zacks Consensus Estimate of 83 cents and the year-ago adjusted profit of 86 cents. However, total revenues, at $383.3 million, were down 9.4% year over year and were also below the Zacks Consensus Estimate of $440.0 million. The negative comparisons can be attributed to lower product sales. Quarterly Distribution Recently, Magellan raised its second quarter 2011 cash distribution by 2.0% sequentially and 7.2% year over year to 78.50 cents per unit ($3.14 per unit annualized). The cash distribution is up 199% since its initial public offering (IPO) in ]]></description>
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		</item>
		<item>
		<title>(MMP) Magellan Midstream Partners Posts Strong First Quarter Earnings</title>
		<link>http://www.stockbloghub.com/2011/05/06/mmp-magellan-midstream-partners-posts-strong-first-quarter-earnings/73549</link>
		<comments>http://www.stockbloghub.com/2011/05/06/mmp-magellan-midstream-partners-posts-strong-first-quarter-earnings/73549#comments</comments>
		<pubDate>Fri, 06 May 2011 22:28:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>
		<category><![CDATA[Pioneer Southwest Energy Partners L.P.]]></category>
		<category><![CDATA[PSE]]></category>
		<category><![CDATA[SEP]]></category>
		<category><![CDATA[Spectra Energy Partners LP]]></category>
		<category><![CDATA[TC Pipelines LP]]></category>
		<category><![CDATA[TCLP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73549</guid>
		<description><![CDATA[Magellan Midstream Partners L.P. (MMP), a master limited partnership (“MLP”), reported earnings per unit (EPU) of $1.01 (excluding mark-to-market commodity-related pricing adjustments), surpassing both the Zacks Consensus Estimate of 87 cents and the year-ago profit of 67 cents (adjusted). Quarterly revenues came in at $442.9 million, breezing past the Zacks Consensus Estimate of $381 million and showing a remarkable improvement from $329.7 million generated in the prior-year quarter. Magellan increased its distributable cash flow to $117.7 million in first quarter 2011 from $85.2 million in the prior-year quarter. The quarter’s performance was boosted by benefits from the recently acquired assets and growth projects, escalating demand for petroleum products and improved petroleum prices. Segmental Performance Petroleum Products Pipeline System: In Petroleum Products Pipeline System, quarterly operating margin (before affiliate general and ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MMP) Magellan Midstream Partners Bullishness on Recovery</title>
		<link>http://www.stockbloghub.com/2011/04/13/mmp-magellan-midstream-partners-bullishness-on-recovery/71363</link>
		<comments>http://www.stockbloghub.com/2011/04/13/mmp-magellan-midstream-partners-bullishness-on-recovery/71363#comments</comments>
		<pubDate>Wed, 13 Apr 2011 16:41:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>
		<category><![CDATA[Pioneer Southwest Energy Partners L.P.]]></category>
		<category><![CDATA[PSE]]></category>
		<category><![CDATA[TC Pipelines LP]]></category>
		<category><![CDATA[TCLP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71363</guid>
		<description><![CDATA[Units of Magellan Midstream Partners L.P. (MMP) hit a 52-week high of $60.72 on Friday, April 8. The oil pipeline and storage partnership has seen its unit price climb approximately 26% since the end of August last year, as investors have been buying the stock for its attractive fundamentals and positive outlook. The turnaround in fuel prices amid recent optimism about economic recovery has added to this bullishness. Magellan Midstream, which competes in the ‘Oil/Gas Production Pipeline MLP’ industry with firms like TC PipeLines L.P. (TCLP) and Pioneer Southwest Energy Partners L.P. (PSE) has a Zacks #2 Rank (Buy rating) in the short run. Magellan Midstream Partners owns a high-quality and diverse portfolio of midstream assets that generate stable and recurring revenues by way of long-term fee-based contracts. We also ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/13/mmp-magellan-midstream-partners-bullishness-on-recovery/71363/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MMP) Magellan Midstream Partners L.P. Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2010/11/17/mmp-magellan-midstream-partners-l-p-earnings-scorecard/59510</link>
		<comments>http://www.stockbloghub.com/2010/11/17/mmp-magellan-midstream-partners-l-p-earnings-scorecard/59510#comments</comments>
		<pubDate>Thu, 18 Nov 2010 05:14:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59510</guid>
		<description><![CDATA[Earlier this month, Magellan Midstream Partners L.P. (MMP) – a master limited partnership (“MLP”) – announced its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder upon the quarterly performance of Magellan, they are weighing in their estimate revisions. Below we cover the results of the recent earnings announcement, subsequent analyst estimate revisions and Zacks ratings for the outlook. Earnings Review On November 2, 2010, Magellan reported marginally weaker-than-expected third quarter results, pulled down by an increase in costs. The partnership reported earnings per unit (“EPU”) of 54 cents (excluding mark-to-market commodity-related pricing adjustments), a penny below the Zacks Consensus Estimate. However, compared to the third quarter of 2009, Magellan’s earnings per unit posted a 25.6% improvement (from 43 ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BP) BP to Sell Cushing Oil Storage</title>
		<link>http://www.stockbloghub.com/2010/07/15/bp-bp-to-sell-cushing-oil-storage/43443</link>
		<comments>http://www.stockbloghub.com/2010/07/15/bp-bp-to-sell-cushing-oil-storage/43443#comments</comments>
		<pubDate>Thu, 15 Jul 2010 15:32:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43443</guid>
		<description><![CDATA[BP Plc (BP) plans to sell some storage and pipeline assets to Magellan Midstream Partners LP (MMP) for $339 million Incorporatedluding $50 million of BP’s existing inventory. The agreement allows BP to lease back the storage space of 7.8 million barrels of crude oil at Cushing, Oklahoma, for several years. As part of the transaction, BP will also sell more than 100 miles of active petroleum pipelines that connect refineries in southern Texas Incorporatedluding BP’s plant in Texas City, which has a capacity to process 475,000 barrels of oil a day. The deal, which is subject to regulatory approval, is scheduled to close within 60 days. BP commented that the asset sale to Magellan is not a part of its strategy to offload $10 billion in non-core upstream assets with ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MMP) Magellan Midstream Partners L.P.&#8217;s Net Income Rises</title>
		<link>http://www.stockbloghub.com/2010/02/08/mmp-magellan-midstream-partners-l-p-s-net-income-rises/27395</link>
		<comments>http://www.stockbloghub.com/2010/02/08/mmp-magellan-midstream-partners-l-p-s-net-income-rises/27395#comments</comments>
		<pubDate>Tue, 09 Feb 2010 03:41:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27395</guid>
		<description><![CDATA[Magellan Midstream Partners L.P. (MMP), a master limited partnership (MLP), announced robust fourth quarter results, buoyed by higher transportation tariffs and product gains in the pipeline system. The partnership reported earnings per unit (EPU) of 77 cents, surpassing the Zacks Consensus Estimate by 2 cents. In the year-ago period, Magellan earned 51 cents per unit. Distribution Maintained Magellan maintained its quarterly distribution of 71 cents per unit ($2.84 per unit annualized), equal to the third quarter as well as year-ago distribution. The distribution will be paid on Feb 12 to unit-holders of record on Feb 2, 2010. Petroleum Products Pipeline System In the Petroleum Products Pipeline System, quarterly operating margin (operating profits before affiliate G&#38;A and D&#38;A expenses) was a record $113.2 million, up 2.8% year over year. The increase ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MMP) Magellan Midstream Partners, L.P. Hits 52-Week High</title>
		<link>http://www.stockbloghub.com/2009/12/02/mmp-magellan-midstream-partners-l-p-hits-52-week-high/21728</link>
		<comments>http://www.stockbloghub.com/2009/12/02/mmp-magellan-midstream-partners-l-p-hits-52-week-high/21728#comments</comments>
		<pubDate>Wed, 02 Dec 2009 22:16:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21728</guid>
		<description><![CDATA[Units of Magellan Midstream Partners, L.P. (MMP) hit a 52-week high of $41.51 yesterday (Tuesday). The master limited partnership (MLP) has seen its unit price climb 36% since April, as investors have been buying shares of the oil and gas transporter for its attractive distribution payout (currently yielding 7.0%). The turnaround in fuel prices amid recent optimism about economic recovery have added to this positive sentiment. We currently have a Neutral recommendation on the stock. The economic downturn and the resultant commodity-price weakness, coupled with reduced access to the credit markets, led to lower spending by consumers and businesses on transportation fuels such as gasoline, aviation fuel and diesel. This translated into less transportation volumes for pipeline operators like Magellan, cutting away at its cash flows and distributions. Weighed down ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MMP) Magellan Midstream Partners L.P. Reports Weak Results</title>
		<link>http://www.stockbloghub.com/2009/11/14/mmp-magellan-midstream-partners-l-p-reports-weak-results-2/20448</link>
		<comments>http://www.stockbloghub.com/2009/11/14/mmp-magellan-midstream-partners-l-p-reports-weak-results-2/20448#comments</comments>
		<pubDate>Sun, 15 Nov 2009 00:20:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20448</guid>
		<description><![CDATA[Magellan Midstream Partners L.P. (MMP), a master limited partnership (MLP), announced weak third quarter results, as low commodity prices more than offset record results from its Terminals segment. The partnership reported earnings per unit (EPU) of 43 cents, missing the Zacks Consensus Estimate by 17 cents. In the year-ago period, Magellan had earned 46 cents per unit. Distribution Maintained Magellan maintained its quarterly distribution of 71 cents per unit ($2.84 per unit annualized), representing a 1.1% increase over the year-earlier quarter and equal to the second quarter distribution. The distribution will be paid on Nov 13 to unit-holders of record on Nov 6, 2009. Based on the current economic conditions, management expects to maintain the current quarterly distribution level throughout 2009. Petroleum Products Pipeline System In the Petroleum Products Pipeline ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MMP) Magellan Midstream Partners L.P. Reports Weak Results</title>
		<link>http://www.stockbloghub.com/2009/11/10/mmp-magellan-midstream-partners-l-p-reports-weak-results/20205</link>
		<comments>http://www.stockbloghub.com/2009/11/10/mmp-magellan-midstream-partners-l-p-reports-weak-results/20205#comments</comments>
		<pubDate>Tue, 10 Nov 2009 23:51:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[Magellan Midstream Partners LP]]></category>
		<category><![CDATA[MMP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20205</guid>
		<description><![CDATA[Magellan Midstream Partners L.P. (MMP), a master limited partnership (MLP), announced weak third quarter results, as low commodity prices more than offset record results from its terminals segment. The partnership reported earnings per unit (EPU) of 43 cents, missing the Zacks Consensus Estimate by 17 cents. In the year-ago period, Magellan earned 46 cents per unit. Distribution Maintained Magellan maintained its quarterly distribution of 71 cents per unit ($2.84 per unit annualized), representing a 1.1% increase over the year-earlier quarter and equal to the second quarter distribution. The distribution will be paid on November 13 to unit-holders of record on November 6, 2009. Based on the current economic conditions, management expects to maintain the current quarterly distribution level throughout 2009. Petroleum Products Pipeline System In the Petroleum Products Pipeline System, ]]></description>
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