Martin Midstream Partners L.P. (MMLP)
| Market Cap | 130.95M |
| Revenue (ttm) | 717.40M |
| Net Income (ttm) | 4.15M |
| Shares Out | 39.80M |
| EPS (ttm) | 0.11 |
| PE Ratio | 30.77 |
| Forward PE | 23.09 |
| Dividend | $0.02 (0.61%) |
| Ex-Dividend Date | Nov 7, 2024 |
| Volume | 230,998 |
| Open | 3.420 |
| Previous Close | 3.400 |
| Day's Range | 3.260 - 3.420 |
| 52-Week Range | 2.040 - 4.130 |
| Beta | 2.13 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 12, 2025 |
About MMLP
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The company’s Terminalling and Storage segment owns or operates various marine shore-based terminal facilities and specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for pr... [Read more]
Financial Performance
In 2023, MMLP's revenue was $797.96 million, a decrease of -21.68% compared to the previous year's $1.02 billion. Losses were -$4.44 million, -55.94% less than in 2022.
Financial StatementsNews
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 s...
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”...
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 Inst...
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...
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 /PRNewswi...
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 highligh...
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, an...
MMLP Merger News: Johnson Fistel Investigates Martin Midstream Partners and its Directors and Management Following the Announcement of the Merger
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 dut...
Nut Tree Capital Management and Caspian Capital File Definitive Proxy Materials Opposing Merger Between Martin Midstream Partners and Martin Resource Management Corporation
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 Casp...
Martin Midstream Partners L.P. to Hold Special Meeting on December 30, 2024 for Unitholders to Approve Pending Transaction
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 co...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MMLP and LUMO on Behalf of Shareholders
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...
Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction
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 C...
Nut Tree Capital Management and Caspian Capital Oppose Martin Midstream Partners L.P. Sale to Martin Resource Management Corporation
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 Propo...
Martin Midstream Partners L.P. Common Units (MMLP) Q3 2024 Earnings Call Transcript
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 - Chi...
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” or the “Partnership”) today announced its financial results for the third quarter of 2024. Bob Bondurant, Preside...
Martin Midstream Partners L.P. Sets Date for Release of Third Quarter 2024 Financial Results and Conference Call
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 mark...
Midstream Energy - Relative Quality
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of...
Martin Midstream Partners L.P. to be Acquired by Martin Resource Management Corporation
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...
Nut Tree Capital Management and Caspian Capital Increase Offer to Purchase Martin Midstream Partners L.P. to $4.50 per Common Unit In Cash
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...
Nut Tree Capital Management and Caspian Capital Send Letter Highlighting Grossly Conflicted Conflicts Committee of the Martin Midstream GP LLC Board of Directors
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...
Martin Midstream Partners L.P. (MMLP) Q2 2024 Earnings Call Transcript
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 -...
Martin Midstream Partners Reports Second Quarter 2024 Financial Results and Declares Quarterly Cash Distribution
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, Presid...
Martin Resource Management Corporation Issues Comment to Nut Tree Capital and Caspian Capital Proposal
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 ...
Nut Tree Capital Management and Caspian Capital Propose to Acquire Martin Midstream Partners L.P. for $4.00 Per Common Unit in Cash
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 A...
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”) will announce its financial results for the second quarter of 2024 on Wednesday, July 17, 2024, after the market...