Martin Midstream Partners L.P. (MMLP)
| Market Cap | 159.01M |
| Revenue (ttm) | 717.40M |
| Net Income (ttm) | 4.15M |
| Shares Out | 39.80M |
| EPS (ttm) | 0.11 |
| PE Ratio | 37.37 |
| Forward PE | 28.04 |
| Dividend | $0.02 (0.50%) |
| Ex-Dividend Date | Nov 7, 2024 |
| Volume | 33,719 |
| Open | 3.990 |
| Previous Close | 3.995 |
| Day's Range | 3.990 - 4.000 |
| 52-Week Range | 2.040 - 4.130 |
| Beta | 2.12 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 16, 2024 |
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
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...
Martin Midstream Partners L.P. 2023 Schedule K-3 Forms Now Available
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. ...
Martin Midstream Partners Statement on Crude Oil Pipeline Spill
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 fro...
Martin Midstream Partners Receives A Non-Binding Offer At $3.05 Per Unit
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 ...
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”) today announced that Martin Resource Management Corporation (“MRMC”) filed an amendment to its Schedule 13D (the ...
Martin Midstream Partners L.P. to Participate in the 21st Annual Energy Infrastructure CEO & Investor Conference
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 a...
Martin Midstream Partners L.P. (MMLP) Q1 2024 Earnings Call Transcript
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 Off...
Martin Midstream Partners Reports First 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 first quarter of 2024. Bob Bondurant, Preside...
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”) will announce its financial results for the first quarter of 2024 on Wednesday, April 17, 2024, after the market...