Article: Magellan Midstream Partners Announces Second-Quarter Results Above Guidance.

- Increased financial results from core fee-based transportation and terminals activities - 2008 results favorably impacted by unusually high product margins and $12.1 million expense reduction related to historical environmental matter - DCF forecast for the year increased excluding impact of Longhorn pipeline acquisition

TULSA, Okla., Aug. 3 /PRNewswire-FirstCall/ -- Magellan Midstream Partners, L.P. today reported financial results for second quarter 2009. Second-quarter 2009 operating profit was $67.9 million compared to $106.1 million for second quarter 2008. The 2008 period benefited from unusually high product margins (defined as product sales revenues ...

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