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Magellan Midstream Partners Overview
Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and crude oil. The partnership owns the longest refined petroleum products pipeline system in the country, with access to nearly 50% of the nation's refining capacity, and can store more than 95 million barrels of petroleum products such as gasoline, diesel fuel and crude oil. Magellan owns the longest refined petroleum products pipeline system in the country. They can tap into nearly 50% of the nation's refining capacity and store more than 95 million barrels of petroleum products such as gasoline, diesel fuel and crude oil. With Magellan, you are investing in the strength and stability of an investment-grade company. Their investors benefit from their primarily fee-based business, low-risk growth projects and attractive quarterly cash distributions. Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates in three segments: Refined Products, Crude Oil, and Marine Storage. The company operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; leases pipeline and storage tank capacity to shippers; and provides services, including terminalling, ethanol and biodiesel loading and unloading, additive injection, custom blending, laboratory testing, and data services. It also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners and other end-users of petroleum products. As of December 31, 2014, the company had 9,500-mile refined products pipeline system with 53 terminals, as well as 27 independent terminals; 1,100-mile ammonia pipeline system; approximately 1,600 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 21 million barrels; and 5 marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels. The company was founded in 2000 and is headquartered in Tulsa, Oklahoma.
The staff at Magellan Midstream Partners come from unusually diverse demographic backgrounds. The company is 16.7% female and 36.2% ethnic minorities. Despite its diversity in other areas, Magellan Midstream Partners employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 66.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Magellan Midstream Partners has great employee retention with staff members usually staying with the company for 6.0 years.The average employee at Magellan Midstream Partners makes $84,220 per year. Pay at Magellan Midstream Partners is significantly lower than some of its highest paying competitors, like Spectra Energy Capital, SandRidge Energy, and Devon Energy, which pay $111,817, $104,002, and $101,314, respectively.
A large energy company with 1,300 employees and an annual revenue of $2.4B, Magellan Midstream Partners is headquartered in Tulsa, OK.
Michael N. Mears (Chairman, President & Chief Executive Officer)
Magellan Midstream Partners Company Rankings
Magellan Midstream Partners is ranked #25 on the Best Companies to Work For in Oklahoma list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
The national average salary for a Magellan Midstream Partners employee in the United States is $84,220 per year. Employees in the top 10 percent can make over $141,000 per year, while employees at the bottom 10 percent earn less than $50,000 per year.
The average employee at Magellan Midstream Partners earns a yearly salary of $84,220 per year, but different jobs can earn drastically different salaries.Some of the job titles with high salaries at Magellan Midstream Partners are Development Manager, Chief Inspector, Quality Specialist, and Operations Superintendent.A typical Development Manager salary at Magellan Midstream Partners is $149,186 per year.To get a better sense of the salaries at Magellan Midstream Partners, other roles such as Shipping And Receiving Clerk and Crew Member can be considered as well. For comparison, the title Shipping And Receiving Clerk at Magellan Midstream Partners earns $34,009 per year.
On average, employees at Magellan Midstream Partners stay with the company for 6.0 years. Employees most commonly join Magellan Midstream Partners after leaving Kinder Morgan. When they leave Magellan Midstream Partners, they most frequently get their next job at Boardwalk Pipeline Partners.
Of the 1,300 employees at Magellan Midstream Partners, 25.6% attended Oklahoma State University. Employees at Magellan Midstream Partners most frequently majored in Business, and most employees’ highest level of education is a Bachelors.
Oklahoma State University
Northeastern State University
Texas A&M University
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Magellan Midstream Partners Employee Political Affiliation
Magellan Midstream Partners employees are most likely to be members of the Republican Party.
The largest donation made to a political party by a Magellan Midstream Partners employee was
by Bruce Heine. Bruce Heine donated
$2,000 to the Republican Party.
Magellan Midstream Partners
Employee Political Donations
Call Center Analyst
Chief Executive Officer
Chief Finance Officer
Chief Finance Officer
Magellan Midstream Partners Financial Performance
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Magellan Midstream Partners Competitors
Competitors of Magellan Midstream Partners include Spectra Energy Capital, SandRidge Energy, and Devon Energy.The wages at Spectra Energy Capital average higher than the other similar companies, where the median salary is $111,817 per year.The salaries at SandRidge Energy average $104,002 per year, and the salaries at Devon Energy come in at $101,314 per year.
Zippia gives an in-depth look into the details of Magellan Midstream Partners, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Magellan Midstream Partners. The employee data is based on information from people who have self-reported their past or current employments at Magellan Midstream Partners. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Magellan Midstream Partners. The data presented on this page does not represent the view of Magellan Midstream Partners and its employees or that of Zippia.
Magellan Midstream Partners may also be known as or be related to Magellan Midstream Partners, Magellan Midstream Partners L P, Magellan Midstream Partners LP, Magellan Midstream Partners, L.P. and Magellan Midstream Partners, LP.