Magellan Midstream Plots $900 Million in Capital Spending through 2018

SUGAR LAND--March 23, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Following a record year for capital investments, Magellan Midstream Partners LP (NYSE:MMP) (Tulsa, Oklahoma) is now taking a more modest approach to its construction-related spending by building on some of its recently completed growth projects. Some of these, such as the Saddlehorn pipeline from Oklahoma to Colorado, played a major role in the company's 2016 gains. Industrial Info is tracking more than $827 million in active projects involving Magellan, including further developments to projects like Saddlehorn.

Within this article: Details on Magellan's plans to continue its growth in Texas, Colorado and other areas serviced by its pipelines and terminals.