MMP's modest increase in cash flow gave the company plenty of wiggle room to pay its distribution with room to spare. For the year, Magellan's distributable cash flow came in at $942 million for a distribution coverage ratio of 1.4 for the year.
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Magellan Midstream Partners LP (MMP)
Magellan Midstream Partners LP (MMP)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group