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Midstream Names Report Earnings Beat, Raise Guidance - Vimarsana News

Midstream Names Report Earnings Beat, Raise Guidance

A few midstream names this week reported second-quarter earnings beats, with two companies raising full-year guidance.

Magellan reports net income of $239M for second quarter - Vimarsana News

Magellan reports net income of $239M for second quarter

Magellan Midstream Partners on Thursday reported net income of $239 million for second quarter 2023, compared to $354 million for second quarter 2022.

Colonial River Wealth Management LLC Purchases 195 Shares of Magellan Midstream Partners, L.P. (NYSE:MMP) - Vimarsana News

Colonial River Wealth Management LLC Purchases 195 Shares of Magellan Midstream Partners, L.P. (NYSE:MMP)

Colonial River Wealth Management LLC grew its holdings in Magellan Midstream Partners, L.P. (NYSE:MMP – Free Report) by 3.0% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 6,685 shares of the pipeline company’s stock after acquiring an additional 195 shares during the period. Colonial River Wealth Management LLC’s holdings in Magellan Midstream Partners […]

American Financial Group Inc. Has $554,000 Holdings in Western Midstream Partners, LP (NYSE:WES) - Vimarsana News

American Financial Group Inc. Has $554,000 Holdings in Western Midstream Partners, LP (NYSE:WES)

American Financial Group Inc. increased its holdings in shares of Western Midstream Partners, LP (NYSE:WES – Free Report) by 2.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,000 shares of the pipeline company’s stock after buying an additional 500 shares during the quarter. […]

Source: wkrb13.com
Better Together: Energy Consolidation Continues - Vimarsana News

Better Together: Energy Consolidation Continues

VettaFi discusses recent examples of consolidation across energy, including upstream, midstream, and oilfield services.