Magellan Midstream Partners, L.P. MMP announced the divestment of nearly 50% of its membership interest in its marine terminal — MVP Terminalling, LLC — which it owns through a joint venture in Pasadena, TX.The partnership divested its refined products marine storage terminal in Pasadena along the Houston Ship Channel to an unidentified buyer for $270 million. Notably, the sale of the membership interest closed on Apr 19.As a result, Magellan now owns about 25% of the MVP facility, which it will continue to operate. The facility comprises more than 5 million barrels of storage, two ship docks, and truck-loading facilities. Moreover, the partnership mentioned that the facility has an available space that can nearly double its current capacity.The partnership plans to use the proceeds from the transaction for its capital-allocation priorities, which include potential unit repurchases. The divestiture marks an efficient allocation of portfolio assets, while maintaining a significant presence for the partnership to continue to satisfy the increasing demand for refined product export logistics.Notably, the Pasadena marine terminal, which is an important energy infrastructure asset, will continue to be highly valued as it is crucial to both the United States and the global economy.Company Profile & Price PerformanceHeadquartered in Tulsa, OK, Magellan is a master limited partnership, which owns and operates a diversified portfolio of energy infrastructure assets.Shares of the company have underperformed the industry in the past six months. Its stock has gained 33.5% compared with the industry’s 46.3% growth. Zacks Rank & Stocks to ConsiderMagellan currently carries a Zack Rank #3 (Hold).Some better-ranked players in the energy space are Petrobras PBR, currently sporting a Zacks Rank #1 (Strong Buy), and Ecopetrol S.A. EC and W&T Offshore, Inc. WTI, each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Petrobras’s earnings for 2021 are expected to increase 11% year over year.Ecopetrol’s earnings for 2021 are expected to rise 27% year over year.W&T Offshore’s earnings for 2021 are expected to increase 30.7% year over year.Time to Invest in Legal MarijuanaIf you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%.You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Petroleo Brasileiro S.A. Petrobras (PBR): Free Stock Analysis Report Magellan Midstream Partners, L.P. (MMP): Free Stock Analysis Report W&T Offshore, Inc. (WTI): Free Stock Analysis Report Ecopetrol S.A. (EC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research