Magellan Midstream Holdings Company Description
Navigating the midstream energy markets, Magellan Midstream Holdings owns and controls Magellan GP, LLC, the general partner of Magellan Midstream Partners, L.P., which is engaged in the transportation, storage, and distribution of refined petroleum products. Magellan Midstream Partners' portfolio includes 29 inland terminals, and 1,100 miles of ammonia pipeline, 8,500 miles of refined petroleum pipeline, and 45 distribution terminals in the US Midwest. The partnership also owns seven marine terminal facilities with a combined usable storage capacity of 22 million barrels.
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The Company Description provides a historical perspective of Magellan Midstream Holdings's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Magellan Midstream Holdings's evolution in the marketplace.
