from SNL Energy Finance Daily
Magellan Midstream's Q3 adjusted EBITDA grows YOY
Byline: S&P Global Market Intelligence
Magellan Midstream Partners LP on Oct. 31 posted third-quarter adjusted EBITDA of $382.6 million, up from $358.7 million a year earlier.
The S&P Global Market Intelligence consensus estimate of adjusted EBITDA was $368.1 million.
The partnership's distributable cash flow for the quarter was $306.8 million, an increase from $281.8 million in the year-earlier period.
Magellan reported net income of $273.0 million, a decrease from $594.5 million a year earlier.