Who's Diversifying in the Energy Midstream?

Historically, Magellan Midstream Partners  (NYSE: MMP  ) has placed great emphasis on transporting refined products through its pipelines and terminals. However, the company is quickly expanding into crude oil transport, and for good reason. There have been countless research reports and company presentations discussing the vast shortage of midstream infrastructure relative to the amount of production that North America is currently enjoying.

Attempting to seize upon this reality, the company has formed a few joint ventures and started several solely owned ventures to build pipelines in the Texas and Gulf Coast area. After witnessing 67% greater crude oil volumes in 2012 than the previous year, investors are hopeful this will translate into even higher distributions from management.

Motley Fool energy analyst Taylor Muckerman explains these projects and the company's outlook in greater detail below. 

Could oil come to the rescue for Chesapeake Energy?
With the recent announcement of the pending departure of CEO Aubrey McClendon, Chesapeake's state of flux could finally be coming to a close. Recently it was plagued by too much natural gas, and unfortunately for investors, it appears this stock still isn't trading quite at what it's worth. To learn more about Chesapeake and its enormous potential, you're invited to check out The Motley Fool's brand-new premium report on the company. Simply click here now to access your copy, and as an added bonus, you'll receive a full year of key updates and expert guidance as news continues to develop.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2242380, ~/Articles/ArticleHandler.aspx, 10/1/2014 6:36:17 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement