| MMP Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Below is a table of the MMP market cap history going back to 2/23/2010:
Also see: MMP Shares Outstanding History and MMP YTD Return |
MMP Market Cap History — Magellan Midstream Partners LP Capitalization Over Time
As of 8/2/2023 Magellan Midstream Partners LP has a market cap of 13.15 billion. Investors often follow the MMP market cap history to compare the size of the company over time.
This page shows MMP market capitalization trends over time, with 56 market cap datapoints presented, dating back to 2/23/2010.
| MMP Market Cap History Chart | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
MMP Historical Market Cap: +8.01% CAGR 
Mouse over chart for data details
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| MMP Stock Price Chart |
| About Magellan Midstream Partners LP |
| Magellan Midstream Partners is engaged in the transportation, storage and distribution of refined petroleum products and crude oil. Co.'s refined products segment consists of: refined products pipeline system, which provides pipeline capacity and tank storage services, as well as provides services such as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing and data services to shippers; independent terminals, which provides ancillary services; and marine terminals, which provides storage and related services. Co.'s crude oil segment includes crude oil pipelines, a condensate splitter and storage facilities. We show 56 historical shares outstanding datapoints in our MMP shares outstanding history coverage, used to compute MMP market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing MMP market cap history over the course of time is important for investors interested in comparing MMP's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of MMP versus a peer is one thing; comparing MMP market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like MMP can fluctuate over the course of history. With this page we aim to empower investors researching MMP by allowing them to research the MMP market cap history. |
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| Video: The Importance of Market Cap | |
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Video: The Importance of Market Cap
| MMP Share Performance |
| Market Cap Peers |
| Magellan Midstream Partners LP (MMP) is categorized under the Energy sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
MNR Market Cap History MNRL Market Cap History MPC Market Cap History MPLX Market Cap History MPO Market Cap History MR Market Cap History MRO Market Cap History MTDR Market Cap History MUR Market Cap History MVO Market Cap History More Energy companies » |
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