Energy -
Oil & Gas Midstream - NASDAQ - US
$ 2.93
-6.09 %
$ 114 M
Market Cap
-22.54
P/E
1. INTRINSIC VALUE
Balance Sheet
Martin Midstream Partners L.P.
| Current Assets | 130 M |
| Cash & Short-Term Investments | 55 K |
| Receivables | 53.6 M |
| Other Current Assets | 76.9 M |
| Non-Current Assets | 1.05 B |
| Long-Term Investments | 7.31 M |
| PP&E | 1.02 B |
| Other Non-Current Assets | 20.8 M |
| Current Liabilities | 116 M |
| Accounts Payable | 61.6 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 53.9 M |
| Non-Current Liabilities | 493 M |
| Long-Term Debt | 55.8 M |
| Other Non-Current Liabilities | 438 M |
EFFICIENCY
Earnings Waterfall
Martin Midstream Partners L.P.
| Revenue | 708 M |
| Cost Of Revenue | 348 M |
| Gross Profit | 360 M |
| Operating Expenses | 303 M |
| Operating Income | 57.3 M |
| Other Expenses | 62.5 M |
| Net Income | -5.21 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Martin Midstream Partners L.P.
| Net Income | -5.21 M |
| Depreciation & Amortization | 50.8 M |
| Capital Expenditures | -42 M |
| Stock-Based Compensation | 187 K |
| Change in Working Capital | 0 |
| Others | 2.33 M |
| Free Cash Flow | 6.34 M |
Wall Street Analysts Price Targets
Martin Midstream Partners L.P.
MMLP has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.14%
DIVIDEND YIELD
0.005 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Martin Midstream Partners L.P.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
796 K USD 7
0-3 MONTHS
765 USD 6
3-6 MONTHS
762 USD 6
6-9 MONTHS
14 K USD 6
9-12 MONTHS
7. News
Caspian Capital Issues Statement on Martin Midstream Partners L.P.
NEW YORK , March 11, 2025 /PRNewswire/ -- Caspian Capital L.P. ("Caspian", "we" or "our") today issued the following statement regarding Martin Midstream Partners L.P.
prnewswire.com
- 4 weeks ago
Martin Midstream Partners Reports Fourth Quarter and Full Year 2024 Financial Results and Releases 2025 Guidance
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq: MMLP) (“MMLP” or the “Partnership”) today announced its financial results for the fourth quarter and full year ended December 31, 2024. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, “For the fourth quarter and full year 2024 the Partnership generated Adjusted EBITDA of $23.3 million and $110.6 million, respectively, which was below our annua.
businesswire.com
- 1 month ago
Martin Midstream Partners Could Generate $30 Million In 2025 Free Cash Flow
Martin Midstream Partners terminated its agreement to be acquired by Martin Resource Management Corporation for $4.02 per unit in cash. It should be able to generate a substantial (estimated at $30+ million) in 2025 free cash flow as a standalone company. 2025 results will be boosted by a full-year's worth of contributions from its electronic level sulfuric acid plant joint venture.
seekingalpha.com
- 2 months ago
Martin Midstream Partners L.P. Sets Date for Release of Fourth Quarter 2024 Financial Results
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) will announce its financial results for the fourth quarter and full year 2024 on Wednesday, February 12, 2025, after the market closes where it can be accessed at www.MMLP.com. MMLP also expects to release its full year 2025 financial guidance in conjunction with the earnings release. About MMLP Martin Midstream Partners LP, headquartered in Kilgore, Texas, is a publicly traded limited partnership with a div.
businesswire.com
- 2 months ago
Martin Midstream Partners Announces Quarterly Cash Distribution
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, 2024. The distribution is payable on February 14, 2025, to common unitholders of record as of the close of business on February 7, 2025. The ex-dividend date for the cash distribution is February 7, 2025. Martin Midstream Partners LP, headquartered in Kilgore, Texas, is a publicly traded limited partnership w.
businesswire.com
- 2 months ago
Martin Midstream Partners: Life After The Failed Acquisition
To the surprise of investors, the acquisition of Martin Midstream Partners was called off. Despite the turbulence this caused to their unit price, at least their underlying cash flow performance was solid during 2023 and 2024. Looking ahead into 2025, they have strong prospects for higher distributions thanks to their outlook for relatively significant free cash flow.
seekingalpha.com
- 3 months ago
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) 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.
businesswire.com
- 3 months ago
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) 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.
businesswire.com
- 3 months ago
Leading Independent Proxy Advisory Firm ISS Recommends 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.
businesswire.com
- 3 months ago
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.
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.
prnewswire.com
- 3 months ago
Martin Midstream Partners L.P. Files Investor Presentation
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.
businesswire.com
- 3 months ago
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.
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.
prnewswire.com
- 3 months ago
8. Profile
Summary
Martin Midstream Partners L.P. MMLP
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 114 M
Dividend Yield
0.14%
Description
Martin Midstream Partners L.P., together with its subsidiaries, engages in terminalling, processing, storage, and packaging of petroleum products and by-products primarily in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 15 marine shore-based terminal facilities and 13 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Transportation segment operates a fleet of 570 tank trucks and 1,200 trailers; and 29 inland marine tank barges, 14 inland push boats, and 1 articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. Its Natural Gas Liquids segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial NGL users, and propane retailers, as well as owns approximately 2.1 million barrels of underground storage capacity for NGLs. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.
Contact
4200 Stone Road, Kilgore, TX, 75662
https://mmlp.com
IPO
Date
Nov. 1, 2002
Employees
1292
Officers
Ms. Melanie Mathews
Vice President of Human Resources - Martin Midstream GP LLC
Mr. Johnnie Murry
Senior Vice President of Land Transportation for Martin Midstream GP LLC
Mr. Randall L. Tauscher
Executive Vice President & Chief Operating Officer of Martin Midstream GP LLC
Mr. Chris H. Booth
Chief Legal Officer, Executive Vice President, General Counsel & Secretary of Martin Midstream GP LLC
Mr. Scot A. Shoup
Senior Vice President of Operations - Martin Midstream GP LLC
Mr. Robert D. Bondurant CPA
President, Chief Executive Officer & Director of Martin Midstream GP LLC
Ms. Sharon L. Taylor
Executive Vice President & Chief Financial Officer of Martin Midstream GP LLC