Chansoo Joung Biography and Net Worth



Chansoo Joung serves as Independent Director of the Company. From 2005 to 2015, Mr. Joung was a partner and then senior advisor at Warburg Pincus LLC. He was responsible for making and monitoring investments in all sectors of the energy industry, including upstream, gas and gas liquids processing and transportation, and electric power. He was also responsible for global coordination of the firm’s renewables activities, including wind, solar, biofuels, and grid storage. From 1987 to 2004, Mr. Joung was employed by Goldman Sachs where he held increasingly senior positions, culminating his 17-year career as head of the Americas Natural Resources Group in the investment banking division. His other leadership responsibilities in the investment banking division included stints as co-head of recruiting and co-head of women’s and diversity recruitment and development. Mr. Joung has been a member of the board of directors of the general partner of Magellan Midstream Partners, L.P. since May 2019 and serves on its compensation committee and nominating and governance committee. He is also an advisory director on the advisory board of Pickering Energy Partners LP. Prior to joining Apache’s Board, Mr. Joung served as a director on two other NYSE-listed company boards: Targa Resources Partners LP from 2007 to 2011, and Targa Resources Corporation from 2010 to 2011. He also served as a director on a number of private company boards during his tenure at Warburg Pincus. Mr. Joung has spent almost his entire career in the finance industry working with energy companies. Through his experiences in private equity and as an investment banker, Mr. Joung gained significant experience with energy companies, the energy industry, and energy-related capital markets and mergers and acquisitions activity, which enhance his contributions to the Board. Those experiences have also given Mr. Joung the ability to identify, assess, and manage risk that can affect a large energy company like Apache.

What is Chansoo Joung's net worth?

The estimated net worth of Chansoo Joung is at least $1.74 million as of August 10th, 2021. Mr. Joung owns 25,285 shares of Magellan Midstream Partners stock worth more than $1,744,665 as of November 17th. This net worth approximation does not reflect any other assets that Mr. Joung may own. Learn More about Chansoo Joung's net worth.

How do I contact Chansoo Joung?

The corporate mailing address for Mr. Joung and other Magellan Midstream Partners executives is One Williams Center P.O. Box 22186, TULSA OK, 74121. Magellan Midstream Partners can also be reached via phone at (918) 574-7000 and via email at [email protected]. Learn More on Chansoo Joung's contact information.

Has Chansoo Joung been buying or selling shares of Magellan Midstream Partners?

Chansoo Joung has not been actively trading shares of Magellan Midstream Partners during the past quarter. Most recently, on Thursday, November 5th, Chansoo Joung bought 20,000 shares of Magellan Midstream Partners stock. The stock was acquired at an average cost of $35.32 per share, with a total value of $706,400.00. Following the completion of the transaction, the director now directly owns 40,280 shares of the company's stock, valued at $1,422,689.60. Learn More on Chansoo Joung's trading history.

Who are Magellan Midstream Partners' active insiders?

Magellan Midstream Partners' insider roster includes Chansoo Joung (Director), Lisa Korner (SVP), Melanie Little (SVP), and James Montague (Director). Learn More on Magellan Midstream Partners' active insiders.

Chansoo Joung Insider Trading History at Magellan Midstream Partners

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/5/2020Buy20,000$35.32$706,400.0040,280View SEC Filing Icon  
5/8/2020Buy13,370$42.11$563,010.7020,280View SEC Filing Icon  
8/20/2019Buy5,000$67.28$336,400.005,000View SEC Filing Icon  
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Chansoo Joung Buying and Selling Activity at Magellan Midstream Partners

This chart shows Chansoo Joung's buying and selling at Magellan Midstream Partners by year and by quarter.

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Magellan Midstream Partners Company Overview

Magellan Midstream Partners logo
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates refined products pipeline that transports gasoline, diesel and aviation fuel, kerosene, and heating oil to refiners, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. It also provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. In addition, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. Magellan Midstream Partners, L.P. was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.
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Today's Range

Now: $69.00
Low: $69.00
High: $69.00

50 Day Range

MA: $67.95
Low: $65.16
High: $69.19

2 Week Range

Now: $69.00
Low: $45.52
High: $69.90

Volume

N/A

Average Volume

1,418,974 shs

Market Capitalization

$13.94 billion

P/E Ratio

13.75

Dividend Yield

6.11%

Beta

0.9