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| Magellan Midstream Partners, L.P. and Magellan Midstream Holdings, L.P. Second Quarter 2009 Earnings Results Mon, Aug 3, 2009, 1:30 pm Eastern
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| About MAGELLAN MIDSTREAM HOLDINGS (NYSE:MGG) | Other Calls | ||
| Magellan Midstream Holdings, L.P. engages in the transportation, storage, and distribution of refined petroleum products. As of December 31, 2008, the company operated approximately 8,700-mile petroleum products pipeline system, including 49 petroleum products terminals serving the mid-continent region of the United States; 7 petroleum products terminal facilities located along the United States Gulf and East Coasts, and 27 petroleum products terminals located in the southeastern United States; and approximately 1,100-mile ammonia pipeline system serving the mid-continent region of the United States. Its marine terminals have an aggregate storage capacity of approximately 25.0 million barrels, which provide distribution, storage, blending, inventory management, and additive injection services for refiners and other end-users of petroleum products. The company ships petroleum products for various customers, including independent and integrated oil companies, wholesalers, retailers, railroads, airlines and regional farm cooperatives. Magellan Midstream Holdings GP, LLC serves as the general partner of the company. Magellan Midstream Holdings, L.P. was founded in 2003 and is based in Tulsa, Oklahoma. | |||
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| About Magellan Midstream Partners L.P. (NYSE:MMP) | Other Calls | ||
| Magellan Midstream Partners, L.P., together with its subsidiaries, engages in the transportation, storage, and distribution of refined petroleum products in the United States. Its pipeline system transports petroleum products and liquefied petroleum gases from the Gulf Coast refining region of Texas through the Midwest to Colorado, North Dakota, Minnesota, Wisconsin, and Illinois. The company owns and operates marine terminals, which are storage and distribution facilities that handle refined petroleum products, blendstocks, ethanol, heavy oils, feedstocks, crude oils, and condensates, as well as inland terminals that consist of multiple storage tanks connected to third-party pipeline systems to deliver refined petroleum products transported on common carrier interstate pipelines. Its ammonia pipeline system transports ammonia from production facilities in Texas and Oklahoma to terminals in the Midwest. As of December 31, 2008 the company operated approximately 8,700-mile petroleum products pipeline system, including 49 petroleum products terminals; 7 petroleum products terminal facilities located along the United States Gulf and East Coasts; 27 petroleum products terminals located principally in the southeastern United States; and a 1,100-mile ammonia pipeline system serving the mid-continent region of the United States. It also provides ancillary services, such as heating, blending, and mixing of stored products and additive injection services. The company’s customers include independent and integrated oil companies, wholesalers, retailers, railroads, airlines, and regional farm co-operatives. It serves various markets, including retail gasoline stations, truck stops, farm co-operatives, railroad fueling depots, and military and commercial jet fuel users. Magellan GP, LLC serves as the general partner of the company. The company was founded in 2000 and is based in Tulsa, Oklahoma. | |||
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