Another Quarter, Another Solid Earnings Performance From Magellan Midstream Partners

It's incredible how consistent Magellan Midstream Partners' (NYSE: MMP) earnings are from quarter to quarter. It happened this past quarter again, as the company posted modest growth thanks to new projects coming online and a small uptick in commodity prices -- not that commodity prices matter that much to Magellan, anyways. Here's an overview of Magellan's most recent quarter, and what the company did to deliver consistent cash flow growth again.

Image source: Getty Images.

Data source: Magellan Midstream Partners earnings releases. EBITDA = earnings before interest, taxes, depreciation, and amortization.

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Source: Fool.com