Larry Davied - Magellan Midstream President
| MMPDelisted Stock | USD 69.00 0.44 0.63% |
President
Mr. Larry J. Davied is a Senior Vice President Operations and Technical Services of Magellan GP, LLC of the Company. He currently serves as SVP, Operations and Technical Services, of our general partner and has served in such capacity since 2011. He was previously Vice President, Technical Services from 2007 until 2011 and served as Director, Technical Services from 2003 until 2007. Prior to joining Magellan, he worked for Williams as Director, System Integrity from 1998 to 2003. Mr. Davied was the General Manager, Technical Services with MAPCO Inc. from 1993 to 1998. Prior to MAPCO, he worked in various field and engineering leadership positions in gas processing, liquid pipeline transportation, refining, chemical plants and terminals in the oil and gas industry. since 2011.
| Age | 60 |
| Tenure | 13 years |
| Phone | 918 574 7000 |
| Web | https://www.magellanlp.com |
Magellan Midstream Management Efficiency
The company has Return on Asset of 0.092 % which means that on every $100 spent on assets, it made $0.092 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.5918 %, implying that it generated $0.5918 on every 100 dollars invested. Magellan Midstream's management efficiency ratios could be used to measure how well Magellan Midstream manages its routine affairs as well as how well it operates its assets and liabilities.The company has 5.16 B in debt with debt to equity (D/E) ratio of 2.95, meaning that the company heavily relies on borrowing funds for operations. Magellan Midstream has a current ratio of 0.98, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Magellan Midstream until it has trouble settling it off, either with new capital or with free cash flow. So, Magellan Midstream's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magellan Midstream sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magellan to invest in growth at high rates of return. When we think about Magellan Midstream's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.59 | |||
| Return On Asset | 0.092 |
Magellan Midstream Leadership Team
Elected by the shareholders, the Magellan Midstream's board of directors comprises two types of representatives: Magellan Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magellan. The board's role is to monitor Magellan Midstream's management team and ensure that shareholders' interests are well served. Magellan Midstream's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Magellan Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kyle Krshka, Commercial VP | ||
| Patrick Eilers, Independent Director of Magellan GP, LLC | ||
| Aaron Milford, Chief Operating Officer, Senior Vice President of the Magellan GP, LLC | ||
| James Montague, Independent Director of the Company and Magellan GP, LLC, | ||
| Barry Pearl, Lead Independent Director of Magellan GP, LLC | ||
| Edward Guay, Independent Director of Magellan GP, LLC | ||
| Paula Farrell, IR Contact Officer | ||
| Larry Davied, Senior Vice President - Operations and Technical Services of Magellan GP, LLC | ||
| Lori Gobillot, Independent Director of Magellan GP, LLC | ||
| Jeffrey Holman, Chief Financial Officer, Senior Vice President, Treasurer of the Magellan GP, LLC | ||
| Jeff Selvidge, Senior Vice President - Commercial of Magellan GP, LLC | ||
| Douglas May, Sr. VP of Magellan GP LLC, General Counsel of Magellan GP LLC, Compliance and Ethics Officer of Magellan GP LLC and Assistant Secretary of Magellan GP LLC | ||
| Michael Aaronson, Senior Vice President - Business Development of Magellan GP, LLC | ||
| Chansoo Joung, Independent Director of Magellan GP, LLC | ||
| Lisa Korner, Senior Vice President - Human Resources and Administration of Magellan GP, LLC | ||
| Michael Mears, Chairman of Magellan GP LLC, CEO of Magellan GP LLC and President of Magellan GP LLC | ||
| Brett Riley, Sr. VP of Bus. Devel. of Magellan GP LLC | ||
| Robert Croyle, Independent Director of Magellan GP, LLC | ||
| Jeffrey Selvidge, Senior Vice President - Commercial - Refined Products of Magellan GP, LLC | ||
| Walter Arnheim, Independent Director of Magellan GP, LLC | ||
| Mark Roles, Senior VP, Commercial — Refined Products | ||
| Melanie Little, Senior Vice President - Operations of Magellan GP, LLC | ||
| Stacy Methvin, Independent Director of Magellan GP, LLC | ||
| Michael Pearson, Senior Vice President Techniccal Services of Magellan GP, LLC | ||
| Robert Barnes, Senior Vice President - Commercial - Crude Oil of Magellan GP, LLC | ||
| Jeff Holman, CFO, Senior Vice President of the Magellan GP, LLC |
Magellan Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Magellan Midstream a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.59 | |||
| Return On Asset | 0.092 | |||
| Profit Margin | 0.30 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 18.81 B | |||
| Shares Outstanding | 202.1 M | |||
| Shares Owned By Insiders | 0.38 % | |||
| Shares Owned By Institutions | 53.09 % | |||
| Number Of Shares Shorted | 7.31 M | |||
| Price To Earning | 12.39 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magellan Midstream in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magellan Midstream's short interest history, or implied volatility extrapolated from Magellan Midstream options trading.
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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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