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Magellan Midstream: Q3 Earnings Snapshot

Magellan Midstream: Q3 Earnings Snapshot

Magellan Midstream: Q3 Earnings Snapshot

By AP News
Published - Oct 27, 2022, 08:22 AM ET
Last Updated - Jun 24, 2023, 12:32 AM EDT

TULSA, Okla. (AP) _ Magellan Midstream Partners L.P. (MMP) on Thursday reported third-quarter net income of $330 million.

The Tulsa, Oklahoma-based company said it had profit of $1.59 per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, were $1.29 per share.

The petroleum and oil storage and transportation company posted revenue of $876.1 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a MMP">Zacks stock report on MMP at https://www.zacks.com/ap/MMP

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