MAGELLAN MIDSTREAM PARTNERS, L.P. Overview
Company Headquarter: US
Founded: 2001
Workforce: ~1,800
Company Working: Magellan Midstream Partners LP is engaged in the transportation, storage, and distribution of petroleum products. It operates through three segments, which are refined products, crude oil, and marine storage. The refined products segment offers common carrier refined product pipeline systems, independent terminals, and ammonia pipeline systems. Its crude oil segment comprises crude oil pipelines, splitter, and storage facilities, which are used for contract storage. The marine storage segment covers marine terminals located along coastal waterways.
Strategy
Magellan Midstream Partners LP is mainly engaged in offering products and providing services with the latest technologies as per the customer requirement, which helps it grow its customer base. This also helps increase the revenue of the company.
