MMP Stock Recent News

MMP LATEST HEADLINES

MMP Stock News Image - PRNewsWire

TULSA, Okla. , June 29, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P.

PRNewsWire 2023 Jun 29
MMP Stock News Image - ETF Trends

Recent regulatory filings from ONEOK (OKE) and Magellan Midstream Partners, LP (MMP) provide insight into the expected deal synergies. Midstream corporation ONEOK announced last month it will acquire MLP Magellan in a cash-and-stock deal valued at $18.8 billion.

ETF Trends 2023 Jun 26
MMP Stock News Image - Seeking Alpha

Magellan Midstream Partners, L.P. (NYSE:MMP ) Q4 2023 Earnings Call Transcript June 21, 2023 4:30 PM ET Company Participants Aaron Milford - Chief Executive Officer Conference Call Participants Jeremy Tonet - J.P.

Seeking Alpha 2023 Jun 21
MMP Stock News Image - Seeking Alpha

Energy Income Partners opposes ONEOK's acquisition of Magellan Midstream Partners due to tax consequences and potential loss of value. The acquisition would create a larger energy infrastructure footprint in Middle America, making it more attractive for larger players. Despite opposition, the deal could benefit ONEOK shareholders by increasing margins and creating a stronger combined entity.

Seeking Alpha 2023 Jun 21
MMP Stock News Image - Bloomberg Markets and Finance

Magellan Midstream Partners President and CEO Aaron Milford discusses the rationale for combining with Oneok, the tax implications of the deal and the outlook for industry consolidation with Romaine Bostick and Scarlet Fu on "Bloomberg Markets: The Close."

Bloomberg Markets and Finance 2023 Jun 20
MMP Stock News Image - Seeking Alpha

The Alerian MLP ETF offers a convenient way to gain MLP exposure without the hassle of a K-1. Top holdings include MPLX, Enterprise Products Partners, Energy Transfer, Western Midstream, and Magellan Midstream, all of which the author views as top-quality names. The ETF is rated a "Hold" due to potential tax impact from the ONEOK-Magellan Midstream deal but will return to a 'Buy' once the deal closes or is rejected.

Seeking Alpha 2023 Jun 19
MMP Stock News Image - Seeking Alpha

Magellan Midstream unitholders should vote against the proposed acquisition by ONEOK due to unfavorable tax consequences. The deal, valued at $18.8 billion, offers a modest premium for MMP unitholders but may not be worth the tax burden, especially for long-term investors. The fit between OKE and MMP is not ideal, and the tax consequences outweigh the potential benefits of the merger.

Seeking Alpha 2023 Jun 16
MMP Stock News Image - Barrons

A big Magellan holder has come out against the $19 billion deal with Oneok that would create one of the largest energy pipelines in the U.S. Taxes are a key issue.

Barrons 2023 Jun 12
MMP Stock News Image - Reuters

Asset manager Energy Income Partners LLC, one of the top shareholders in Magellan Midstream Partners , said on Thursday that it intends to vote against pipeline operator ONEOK Inc's deal to buy Magellan.

Reuters 2023 Jun 08
MMP Stock News Image - Forbes

ONEOK Inc and Magellan Midstream Partners merger would create the fourth largest US midstream company with combined enterprise value of $60 billion.

Forbes 2023 May 22
10 of 50