Magellan Midstream Partners L.P. (NYSE: MMP) is one of 50 publicly-traded companies in the “Oil & Gas Transportation Services” industry, but how does it compare to its rivals? We will compare Magellan Midstream Partners L.P. to related companies based on the strength of its valuation, earnings, dividends, profitability, institutional ownership, risk and analyst recommendations.

Earnings & Valuation

This table compares Magellan Midstream Partners L.P. and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Magellan Midstream Partners L.P. $2.21 billion $802.77 million 17.84
Magellan Midstream Partners L.P. Competitors $4.88 billion $288.25 million 18.16

Magellan Midstream Partners L.P.’s rivals have higher revenue, but lower earnings than Magellan Midstream Partners L.P.. Magellan Midstream Partners L.P. is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

Magellan Midstream Partners L.P. has a beta of 0.78, meaning that its stock price is 22% less volatile than the S&P 500. Comparatively, Magellan Midstream Partners L.P.’s rivals have a beta of 1.37, meaning that their average stock price is 37% more volatile than the S&P 500.

Profitability

This table compares Magellan Midstream Partners L.P. and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Magellan Midstream Partners L.P. 34.50% 40.99% 12.58%
Magellan Midstream Partners L.P. Competitors 18.52% 88.30% 5.97%

Analyst Recommendations

This is a summary of current ratings for Magellan Midstream Partners L.P. and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magellan Midstream Partners L.P. 1 7 5 0 2.31
Magellan Midstream Partners L.P. Competitors 306 1835 2416 86 2.49

Magellan Midstream Partners L.P. currently has a consensus target price of $78.83, indicating a potential upside of 19.46%. As a group, “Oil & Gas Transportation Services” companies have a potential upside of 25.79%. Given Magellan Midstream Partners L.P.’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Magellan Midstream Partners L.P. has less favorable growth aspects than its rivals.

Dividends

Magellan Midstream Partners L.P. pays an annual dividend of $3.62 per share and has a dividend yield of 5.5%. Magellan Midstream Partners L.P. pays out 97.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Transportation Services” companies pay a dividend yield of 6.8% and pay out 149.8% of their earnings in the form of a dividend. Magellan Midstream Partners L.P. has raised its dividend for 7 consecutive years.

Institutional & Insider Ownership

55.5% of Magellan Midstream Partners L.P. shares are owned by institutional investors. Comparatively, 54.6% of shares of all “Oil & Gas Transportation Services” companies are owned by institutional investors. 0.2% of Magellan Midstream Partners L.P. shares are owned by insiders. Comparatively, 9.2% of shares of all “Oil & Gas Transportation Services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Magellan Midstream Partners L.P. rivals beat Magellan Midstream Partners L.P. on 10 of the 15 factors compared.

About Magellan Midstream Partners L.P.

Magellan Midstream Partners, L.P. is principally engaged in the transportation, storage and distribution of refined petroleum products and crude oil. The Company operates through three segments: refined products, crude oil and marine storage. As of December 31, 2016, its asset portfolio, including the assets of its joint ventures, consisted of its refined products segment, consisting 9,700-mile refined products pipeline system with 53 terminals, as well as 26 independent terminals not connected to its pipeline system and its 1,100-mile ammonia pipeline system; its crude oil segment, consisted of approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 26 million barrels, of which 16 million are used for contract storage, and its marine storage segment, consisted of five marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels.

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