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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

KILGORE, Texas--(BUSINESS WIRE)--Martin Resource Management Corporation (“MRMC”), owner of the general partner of Martin Midstream Partners L.P. (NASDAQ:MMLP) (“MMLP”), today announces that in regard to the proposal announced by Nut Tree Capital and Caspian Capital with respect to MMLP, MRMC reiterates the statement in our publicly disclosed proposal that we are interested only in acquiring all of the outstanding common units of MMLP and have no interest in selling our interests in MMLP or the.

Martin Resource Management Corporation Issues Comment to Nut Tree Capital and Caspian Capital Proposal

Nut Tree and Caspian Offer Represents a 31% Premium – and a Highly Compelling Alternative – to Martin Resource Management Corporation's Below Market and Conflict-Ridden Proposal Nut Tree and Caspian Are Making Offer Public After Conflicts Committee of the Board of Martin Midstream's General Partner Has Refused to Engage Nut Tree and Caspian Have Advisors in Place and Are Prepared to Commence Expedited Due Diligence; Offer is Not Subject to a Financing Condition Nut Tree and Caspian Will Consider all Available Alternatives if Conflicts Committee Refuses to Meaningfully Engage NEW YORK , July 11, 2024 /PRNewswire/ -- Nut Tree Capital Management LP ("Nut Tree") and Caspian Capital LP ("Caspian"), today announced they sent a letter to the Conflicts Committee of the Board of Directors (the "Committee") of Martin Midstream GP LLC (the "General Partner") in which Nut Tree and Caspian reiterated their non-binding proposal made on June 21, 2024 to acquire Martin Midstream Partners L.P. (NASDAQ: MMLP) ("MMLP") for $4.00 per MMLP common unit in cash (the "Proposal").

Nut Tree Capital Management and Caspian Capital Propose to Acquire Martin Midstream Partners L.P. for $4.00 Per Common Unit in Cash

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) will announce its financial results for the second quarter of 2024 on Wednesday, July 17, 2024, after the market closes. An investors' conference call to review second quarter results will be held the following day. Date: Thursday, July 18, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-regist.

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

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) today announced that its 2023 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedule K-3 at https://www.taxpackagesupport.com/martinmidstream. A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unithold.

Martin Midstream Partners L.P. 2023 Schedule K-3 Forms Now Available

KILGORE, Texas--(BUSINESS WIRE)--On June 15, 2024, Martin Midstream Partners L.P. (NASDAQ: MMLP) (the “Partnership”) became aware of a spill of approximately 2,000 barrels of crude oil originating from the Partnership's transfer pipeline which connects our Sandyland Terminal to the Smackover Refinery in Smackover, Union County, Arkansas. The Partnership is working closely with the Environmental Protection Agency (“EPA”), Arkansas Department of Energy and Environment, and Arkansas Game and Fish.

Martin Midstream Partners Statement on Crude Oil Pipeline Spill

Alerian MLP ETF

Alerian Energy Infrastructure ETF

UBS ETRACS Alerian MLP Infrastructure Index ETN Series B

Summary Six constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $1.49 billion on equity repurchases in 1Q24. Aggregate buyback spending among midstream/MLPs in 1Q24 was more than double the amount from 4Q23.

Midstream/MLP Buybacks Rebounded in 1Q24

Martin Midstream Partners received a non-binding cash offer of $3.05 per unit from Martin Resource Management Corporation. This offer is only a 2% premium to MMLP's closing price before the offer was announced. I have estimated MMLP's value at $4.35 per unit, but that was based on late 2025.

Martin Midstream Partners Receives A Non-Binding Offer At $3.05 Per Unit

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ:MMLP) (“MMLP”) today announced that Martin Resource Management Corporation (“MRMC”) filed an amendment to its Schedule 13D (the “13D Amendment”) with the U.S. Securities and Exchange Commission. The 13D Amendment discloses that MRMC has made a non-binding proposal to the Conflicts Committee (the “Conflicts Committee”) of the Board of Directors of Martin Midstream GP LLC (the “GP Board”), the general partner of MMLP, pursuan.

Martin Midstream Partners L.P. Receives Buyout Offer from Martin Resource Management Corporation

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that it will host investor one-on-one meetings on Wednesday, May 22, 2024 at the 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, Florida. A copy of the Partnership's presentation will be available under the Investor Relations tab on the Partnership's website at www.MMLP.com. About Martin Midstream Partners Martin Midstream Partners LP, headqua.

Martin Midstream Partners L.P. to Participate in the 21st Annual Energy Infrastructure CEO & Investor Conference

Martin Midstream Partners L.P. (NASDAQ:MMLP ) Q1 2024 Results Conference Call April 18, 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 Selman Akyol - Stifel Operator Thank you for standing by.

Martin Midstream Partners L.P. (MMLP) Q1 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 first quarter of 2024. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, “The Partnership had a strong quarter resulting in adjusted EBITDA of $30.4 million compared to guidance of $31.6 million. Demand in both the marine and land transportation divisions remain ro.

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

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

Why Fast-paced Mover Martin Midstream Partners (MMLP) Is a Great Choice for Value Investors

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) will announce its financial results for the first quarter of 2024 on Wednesday, April 17, 2024, after the market closes. An investors' conference call to review first quarter results will be held the following day. Date: Thursday, April 18, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-regist.

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

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) announced today that its 2023 Investor Tax Packages including Schedule K-1 are now available online. Information reported in these tax packages could be subject to change given potential retroactive changes in the tax law that are still being considered by the U.S. Congress and the Biden administration. If the Tax Relief for American Families and Workers Act of 2024 (referred to as “H.R. 7024”), which passed.

Martin Midstream Partners L.P. Tax Packages Now Available

B2Gold

Nordic American Tankers

Many investors, including more aggressive traders, look at lower-priced stocks with growth prospects as a way both to make some good money and to get a higher share count.

3 Stocks Under $5 That Wall Street Thinks Will Grow 35% or More

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) today provided an update on the expected availability of the partnership's 2023 Investor Tax Packages including Schedule K-1 for its common unitholders. Historically, MMLP's Investor Tax Packages have been available by the end of February for the preceding tax year; however, the timing of the availability of MMLP's 2023 Investor Tax Packages is dependent upon actions of the U.S. Congress and the Biden admini.

Martin Midstream Partners L.P. Update on Availability of 2023 K-1

Martin Midstream Partners L.P. (MMLP) Q4 2023 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 three months and year ended December 31, 2023. “Fiscal year 2023 was significant for the Partnership as we focused on debt reduction and stability in our earnings by concentrating on our diversified refinery services assets and exiting the butane optimization business,” said Bob Bondurant, President and Chief Executive Officer of Martin Midstr.

Martin Midstream Partners Reports Fourth Quarter and Full Year 2023 Financial Results and Releases 2024 Guidance

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) announced it has declared a quarterly cash distribution of $0.005 per unit for the quarter ended December 31, 2023. The distribution is payable on February 14, 2024 to common unitholders of record as of the close of business on February 7, 2024. The ex-dividend date for the cash distribution is February 6, 2024. Martin Midstream Partners LP, headquartered in Kilgore, Texas, is a publicly traded limited partnership wi.

Martin Midstream Partners Announces Quarterly Cash Distribution

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) will announce its financial results for the fourth quarter of 2023 on Wednesday, February 14, 2024 after the market closes. An investors' conference call to review fourth quarter results will be held the following day. Date: Thursday, February 15, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre.

Martin Midstream Partners L.P. Sets Date for Release of Fourth Quarter 2023 Financial Results and Conference Call

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that members of executive management will participate in the 2023 Wells Fargo Midstream and Utilities Symposium taking place Wednesday, December 6 and Thursday, December 7, 2023. A copy of the Partnership's presentation will be available by visiting the Partnership's website at www.MMLP.com. About Martin Midstream Partners MMLP, headquartered in Kilgore, Texas, is a publi.

Martin Midstream Partners L.P. to Participate in the 2023 Wells Fargo Midstream and Utilities Symposium

Martin Midstream Partners L.P. (MMLP) Q3 2023 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 2023. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, “The Partnership's financial results for the third quarter met guidance as both the Specialty Products and Sulfur Services segments outperformed but were offset by the Transportation segment as.

Martin Midstream Partners Reports Third Quarter 2023 Financial Results and Declares Quarterly Cash Distribution

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) plans to announce financial results for third quarter 2023 after the market closes on Wednesday, October 18. An investors' conference call to review third quarter results will be held the following day. Date: Thursday, October 19, 2023 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-registration for.

Martin Midstream Partners L.P. to Announce Third Quarter 2023 Financial Results on October 18

Antero Midstream Partners

Baker Hughes Co

Calumet Inc

Dominion Energy

HF Sinclair Corp

Delek US Hlds

Delek Logistics Partners

Enbridge

Equitrans Midstream

Genesis Energy

Holly Energy Partners

Kinder Morgan

Cheniere Energy

ONEOK

Plains All American Pipeline

Plains GP Hlds

Tellurian

Targa Resources

TC Energy

Western Gas Partners

Williams

Energy was the best-performing S&P 500 sector, notably outperforming technology shares. The fundamental setup for oil and oil-related equities remains bullish. Energy stocks are likely to continue to outperform as higher oil prices raise concerns about inflation and higher interest rates.

News for Martin Midstream Partners Stock (MMLP)