Martin Midstream Partners

Martin Midstream Partners LP engages in a diverse set of operations focused primarily in the United States Gulf Coast region. It operates through the following segments: Terminalling and Storage, Transportation, Sulfur Services, and Natural Gas Liquids. The Terminalling and Storage segment offers storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products, including the refining of naphthenic crude oil and the blending and packaging of various grades and quantities of industrial, commercial, and automotive lubricants and greases. The Transportation segment manages a fleet of inland marine tank barges, inland push boats and offshore tug, and barge unit that transport petroleum products and by-products. The Sulfur Services segment develops an integrated system of transportation assets and facilities relating to sulfur services. The Natural Gas Liquids segment distributes natural gas liquids. The company was founded in 2002 and is headquartered in Kilgore, TX.

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Martin Midstream Partners exits butane business, targets improved performance

Martin Midstream Partners navigated challenges by exiting butane optimization business and focusing on fee-based logistics.
Despite losses, the company aims for improved financial performance with clear 2023 guidance.
Opportunities lie in growth capital expenditures, increased cash flow post-exit, and enhanced transparency.
Challenges include significant EBITDA losses, negative swings, and declines in certain business segments.

Martin Midstream Partners meets Q1 guidance, focuses on debt reduction

Martin Midstream Partners delivered a mixed performance in Q1 2023, meeting guidance in some segments and underperforming in others.
The company showcased strengths in transportation segments and debt reduction efforts, while facing challenges in sulfur services and specialty products.
Opportunities lie in capitalizing on strengths, improving underperforming segments, and strategic debt reduction for future growth.
Overall, the company aims to enhance financial performance and meet guidance targets, bolstering investor confidence.
Key focus areas include operational optimization, contract management, and addressing segment-specific challenges.

Martin Midstream Partners navigates mixed Q2 performance, focuses on stability

Despite challenges in certain segments, Martin Midstream Partners showed resilience in its core operations. The company remains committed to its adjusted EBITDA guidance for 2023 at $115.4 million and is strategically positioning itself for long-term stability and growth.

Martin Midstream Partners exceeds Q3 guidance but faces segment challenges

Martin Midstream Partners (MMLP) reported mixed Q3 results with strong performance in certain segments but challenges in others. Management remains cautious about economic conditions impacting the Transportation segment. Delays in projects are being managed with updates provided to stakeholders.

Martin Midstream Partners exceeds Q4 guidance, eyes growth opportunities

Martin Midstream Partners delivered a strong Q4 performance, exceeding adjusted EBITDA guidance by 9%.
While facing challenges in certain segments, the company showcased strengths in debt refinancing, business exits, and strong sales in key segments.
Opportunities lie in optimizing operations across segments and improving performance in underperforming areas.
Overall, the company's 2024 guidance of $116.1 million in adjusted EBITDA sets a positive outlook for the future.

Martin Midstream Partners reports mixed Q1 performance, eyes growth opportunities

Martin Midstream Partners faced mixed performance in Q1 2024, with strengths in Transportation and challenges in other segments. The company maintained a healthy liquidity position and is optimistic about future performance.
Rate increases in the Marine business and stable rates in Land Transportation were highlighted as positives. Challenges included lower margins in the Sulfur Services segment and issues in the Specialty Products segment.
Opportunities lie in the Fertilizer business expansion, potential growth from Samsung's chip factory, and the ELSA joint venture. The company's focus on maintaining adjusted EBITDA guidance and capital investments bodes well for future stability and growth.

Martin Midstream Partners exceeds Q2 guidance amidst segment challenges

Martin Midstream Partners delivered a resilient performance in Q2, surpassing guidance in key segments while facing challenges in others.
The company's diversified portfolio showcased strengths in Transportation and Sulfur Services, offsetting weaknesses in Marine Transportation and Terminalling and Storage.
Strategic adjustments and a focus on operational efficiency present opportunities for growth and improved financial performance in the future.

Martin Midstream Partners reports mixed Q3 performance, eyes optimization

Martin Midstream Partners faced mixed performance in Q3, with some segments exceeding while others missed guidance.
The company's debt levels remain a concern, but pending transactions and opportunities for optimization present positive prospects.
Addressing challenges in certain segments and capitalizing on strengths can drive future growth and financial stability.
Overall, a strategic approach to managing expenses and leveraging opportunities is crucial for enhancing shareholder value.

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KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (“MMLP”) (Nasdaq: MMLP) today announced the termination of the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated October 3, 2024, with Martin Resource Management Corporation (“MRMC”), pursuant to which MRMC would have acquired all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries (the “Merger”). The Merger Agreement was terminated by the mutual written consent of.

Martin Midstream Partners L.P. Announces Termination of Merger Agreement and Cancellation of Special Meeting

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (“MMLP”) (Nasdaq: MMLP) is pleased to announce that leading independent proxy advisory firm Glass Lewis & Co. (“Glass Lewis”) joins Institutional Shareholder Services Inc (“ISS”) in recommending that unitholders vote “FOR” the pending transaction with Martin Resource Management Corporation (“MRMC”) in advance of the upcoming MMLP Special Meeting of unitholders, which is scheduled for December 30, 2024. In its report dated Decem.

Leading Independent Proxy Advisory Firm Glass Lewis Joins Institutional Shareholder Services in Recommending MMLP Unitholders Vote “FOR” the Transaction with MRMC

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (“MMLP”) (Nasdaq: MMLP) today is pleased to announce that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) recommends that unitholders vote “FOR” the pending transaction with Martin Resource Management Corporation (“MRMC”) in advance of the upcoming MMLP Special Meeting of unitholders, which is scheduled for December 30, 2024. In its report dated December 16, 2024, ISS stated1: “MMLP remains a.

Leading Independent Proxy Advisory Firm ISS Recommends MMLP Unitholders Vote “FOR” the Transaction with MRMC

Letter Highlights False and Misleading Statements Made by MMLP in Attempt to Push Through Merger Enriching Ruben Martin and MRMC at Expense of Other MMLP Unitholders NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P.

Nut Tree Capital Management and Caspian Capital Send Letter to Unitholders Reiterating Why Martin Midstream Partners L.P. Unitholders Should Vote "AGAINST" the Value Destructive Merger with Martin Resource Management Corp.

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (“MMLP”) (Nasdaq: MMLP) today announced the filing of an investor presentation with the U.S. Securities and Exchange Commission highlighting that the Company's pending transaction with Martin Resource Management Corporation (“MRMC”) maximizes value for and is in the best interests of unitholders. The Conflicts Committee and the Board of Directors of Martin Midstream GP LLC (the “GP Board”) unanimously recommend that unitholders use.

Martin Midstream Partners L.P. Files Investor Presentation

Presentation Details Why MRMC's Proposed Merger Significantly Undervalues MMLP, the Deeply Flawed Valuation Methodologies and Financial Analysis Used to Justify the Inadequate Merger Consideration, and the Major Conflicts of Interest that Threaten to Enrich Company Insiders at Expense of Unitholders Remaining as a Publicly Traded MLP Provides a Path to Superior Value for MMLP Unitholders We Believe Unitholders Stand to Benefit from Imminent and Significant Future Distributions if MMLP Remains Independent Nut Tree and Caspian Urge Unitholders to Vote "AGAINST" MMLP's Merger with MRMC View the Presentation at www.ProtectMMLPValue.com NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P.

Nut Tree Capital Management and Caspian Capital Release Presentation Highlighting Why Martin Midstream Partners L.P. Unitholders Should Vote "AGAINST" Value Destructive Merger with Martin Resource Management Corp.

SAN DIEGO, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Martin Midstream Partners L.P. (NASDAQ: MMLP) breached their fiduciary duties in connection with the proposed merger with Martin Resource Management.

MMLP Merger News: Johnson Fistel Investigates Martin Midstream Partners and its Directors and Management Following the Announcement of the Merger

Nut Tree and Caspian File Definitive Proxy Statement and Send Letter to Unitholders Urging them to Vote "AGAINST" the Merger at MMLP's Special Meeting to be Held on December 30, 2024 Nut Tree and Caspian Believe MMLP is Worth Far More than the Per Unit Price in the Merger Merger is Insider Led Deal Presenting Massive Conflicts of Interest and MMLP Approval Was Based on Flawed and Biased Financial Analysis in Nut Tree and Caspian's View Nut Tree and Caspian Highlight MMLP's Bright Future Prospects as a Publicly Traded Company, and Path to Superior Value Creation for Unitholders NEW YORK , Dec. 2, 2024 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P.

Nut Tree Capital Management and Caspian Capital File Definitive Proxy Materials Opposing Merger Between Martin Midstream Partners and Martin Resource Management Corporation

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (“MMLP”) (Nasdaq: MMLP) today announced it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with Martin Resource Management Corporation's (“MRMC”) pending acquisition of all of the outstanding MMLP common units other than common units already owned by MRMC and its subsidiaries, in an all-cash merger transaction whereby each unitholder will receive $4.02 per common unit. MMLP also.

Martin Midstream Partners L.P. to Hold Special Meeting on December 30, 2024 for Unitholders to Approve Pending Transaction

Lumos Pharma

NEW YORK , Oct. 23, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Martin Midstream Partners L.P. (NASDAQ: MMLP)'s sale to Martin Resource Management Corporation for $4.02 per common unit.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MMLP and LUMO on Behalf of Shareholders

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ:MMLP) (“MMLP”) today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital: The Conflicts Committee (the “Conflicts Committee”) of the Board of Directors (the “GP Board”) of Martin Midstream GP LLC, the general partner of MMLP (the “General Partner”), which consists of three independent directors, conducted a thorough nine-month evaluation with the support.

Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Martin Midstream Partners L.P. (NASDAQ: MMLP) to Martin Resource Management Corporation for $4.02 per common unit is fair to Martin Midstream shareholders. Halper Sadeh encourages Martin Midstream shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

MMLP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Martin Midstream Partners L.P. Is Fair to Shareholders

Nut Tree and Caspian Believe Proposed Sale Significantly Undervalues MMLP and its Future Prospects Nut Tree and Caspian Intend to File a Proxy Statement and Solicit Proxies to Vote "AGAINST" the Proposed Sale Nut Tree and Caspian Launch www.ProtectMMLPValue.com NEW YORK , Oct. 22, 2024 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P.

Nut Tree Capital Management and Caspian Capital Oppose Martin Midstream Partners L.P. Sale to Martin Resource Management Corporation

Martin Midstream Partners (MMLP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Fast-paced Momentum Stock Martin Midstream Partners (MMLP) Is Still Trading at a Bargain

Martin Midstream Partners L.P. Common Units (NASDAQ:MMLP ) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Sharon Taylor - Chief Financial Officer Bob Bondurant - Chief Executive Officer Randy Tauscher - Chief Operating Officer David Cannon - Controller Danny Cavin - Director of FP&A Conference Call Participants Kyle May - Sidoti & Company Patrick Fitzgerald - Robert W.

Martin Midstream Partners L.P. Common Units (MMLP) Q3 2024 Earnings Call Transcript

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq: MMLP) (“MMLP” or the “Partnership”) today announced its financial results for the third quarter of 2024. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership (the "General Partner"), stated, “I am pleased with the Partnership's third quarter financial results of $25.1 million in adjusted EBITDA despite the slight miss of $1.3 million when compared to guidan.

Martin Midstream Partners Reports Third Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) will announce its financial results for the third quarter of 2024 on Wednesday, October 16, 2024, after the market closes. An investors' conference call to review third quarter results will be held the following day. Date: Thursday, October 17, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (800) 715-9871 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-re.

Martin Midstream Partners L.P. Sets Date for Release of Third Quarter 2024 Financial Results and Conference Call

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KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (“MMLP”) (Nasdaq: MMLP) today announced that it has entered into a definitive agreement and plan of merger (“Merger Agreement”) pursuant to which Martin Resource Management Corporation (“MRMC”) would acquire all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries (the “Public Common Units”). The Merger Agreement follows the offer made by MRMC in May 2024 to acquire the Public Common Units. The Mer.

Martin Midstream Partners L.P. to be Acquired by Martin Resource Management Corporation

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UBS ETRACS Alerian MLP Infrastructure Index ETN Series B

Summary Five constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $1.02 billion on equity repurchases in 2Q24. Over 85% of AMNA by weighting currently have a buyback authorization in place.

Total Midstream/MLPs Repurchases Top $1 Billion in 2Q24

Enhanced Offer Represents a 48% Premium to Martin Resource Management Corporation's Proposal, Which Significantly Undervalues MMLP and its Future Prospects Despite Repeated Requests and Superior Value Being Offered to MMLP Unitholders, Martin Midstream GP LLC's Conflicts Committee Refuses to Meet with Nut Tree and Caspian Directly Nut Tree and Caspian Call on Conflicts Committee to Act in Best Interests of All MMLP Unitholders by Meeting with Nut Tree and Caspian and Requiring Approval of the Majority of Unaffiliated Unitholders for Any Transaction with Martin Resource Management Corporation NEW YORK , July 29, 2024 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P.

Nut Tree Capital Management and Caspian Capital Increase Offer to Purchase Martin Midstream Partners L.P. to $4.50 per Common Unit In Cash

Nut Tree and Caspian Reiterate $4.00 per Common Unit Offer Representing 31% Premium to Alternate Offer Made by Martin Resource Management Corporation Nut Tree and Caspian Call for Any Transaction with MRMC be Subject to Approval of Majority of Unaffiliated Common Unit Holders NEW YORK , July 19, 2024 /PRNewswire/ -- Nut Tree Capital Management LP ("Nut Tree") and Caspian Capital LP ("Caspian"), today sent a letter to the Conflicts Committee of the Board of Directors (the "Conflicts Committee") of Martin Midstream GP LLC (the "General Partner") highlighting the serious conflicts of interest among the Conflicts Committee, General Partner, Martin Resource Management Corporation ("MRMC"), and Martin Midstream Partners L.P. (NASDAQ: MMLP) ("MMLP" or the "Partnership").

Nut Tree Capital Management and Caspian Capital Send Letter Highlighting Grossly Conflicted Conflicts Committee of the Martin Midstream GP LLC Board of Directors

Martin Midstream Partners L.P. (NASDAQ:MMLP ) Q2 2024 Results Conference Call July 18, 2024 9:00 AM ET Company Participants Sharon Taylor - Chief Financial Officer Bob Bondurant - CEO Randy Tauscher - COO David Cannon - Controller Danny Cavin - Director of FP&A Conference Call Participants Selman Akyol - Stifel Kyle May - Sidoti & Company Patrick Fitzgerald - Baird Operator Good morning.

Martin Midstream Partners L.P. (MMLP) Q2 2024 Earnings Call Transcript

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq: MMLP) (“MMLP” or the “Partnership”) today announced its financial results for the second quarter of 2024. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, “For the second quarter of 2024, the Partnership exceeded guidance by $0.5 million with adjusted EBITDA of $31.7 million compared to guidance of $31.2 million. Within our Transportation Servi.

Martin Midstream Partners Reports Second Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

Martin Midstream (MMLP) is engaged in discussions with the Conflicts Committee regarding the buyout offer from MRMC, disregarding the superior offer made by Nut Tree and Caspian Capital.

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