AMUB - Insights At A Glance: MMP Analyst Day Highlights Resilient Business Model
Originally published on 03/27/20
Yesterday, Magellan Midstream Partners (MMP) updated investors on its business by holding a virtual Analyst Day. Management provided helpful commentary on the outlook for the MLP given the current environment. Today's Insights at a Glance covers some of the highlights from the presentation, including financial guidance, distributable cash flow ((DCF)) sensitivity, and contract details.
Throughout the webcast and in the accompanying supplementary presentation, MMP's management sought to reassure investors that its long-term commitment to financial discipline and operational execution will allow it to withstand current short-term headwinds resulting from commodity