Magellan Midstream Partners, L.P. operates in the Crude petroleum pipelines sector. In addition to historical fundamental analyses, the complete report available to purchase compares Magellan Midstream Partners, L.P. with three other companies in this sector in UNITED STATES : Hess Midstream Operations LP (2019 sales of $848.30 million of which 50% was Gathering), Phillips 66 Partners Lp ($1.13 billion of which 100% was develop and acquire primarily fee-based ), and Delek Logistics Partners LP ($583.99 million of which 69% was Wholesale Marketing and Terminalling).

Sales Analysis. Magellan Midstream Partners, L.P. reported sales of $2.80 billion for the year ending December of 2019. This represents an increase of 2.1% versus 2018, when the company's sales were $2.74 billion. This was the fourth straight year of sales growth at Magellan Midstream Partners, L.P.. Sales of Crude Oil saw an increase that was more than double the company's growth rate: sales were up 5.5% in 2019, from $611.45 million to $644.80 million. Magellan Midstream Partners, L.P. also saw significant increases in sales in Marine Storage (up 3.6% to $200.05 million) . Not all segments of Magellan Midstream Partners, L.P. experienced an increase in sales in 2019: sales of Refined Products fell 6.8% to $1.89 billion.