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Magellan Midstream Sees New Texas Pipelines Cutting Spot Shipments After Q3

2019-08-02 17:12:34| OGI

Rising crude volumes on its pipelines and terminals, particularly into the Seabrook Logistics LLC export facility in the Houston area, was one reason Magellan's second-quarter earnings beat Wall Street estimates by six cents, at $1.11 a unit. 

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