Current MMP Stock Info

Magellan Midstream Partners, L.P. (ticker: MMP) announced this week that it will build a 60-mile, 24-inch pipeline that connects Wink and Crane, TX. The pipeline’s price tag will be approximately $150,000,000.  The pipeline should be operational midway through 2019, the company said in a press release.

The new pipeline will serve direct service from the Delaware basin to the Crane origin of the Longhorn Pipeline, which runs from Crane to Houston. The pipeline will be initially constructed to handle 250,000 BPD and can carry up to 600,000 BPD...

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