Magellan Midstream Partners (MMP) has ambitious plans for its distribution growth this year and next. Those plans rely on the partnership's ability to meet its distributable cash-flow guidance, which it increased by $50 million last quarter, which makes DCF the first number investors should check out when Magellan reports third-quarter earnings on Thursday.
In this video, Fool.com contributor Aimee Duffy talks to Tyler Crowe about the importance of Magellan's distributable cash flow, and lists two other areas she'll be looking at closely when Magellan posts its third-quarter results.