Martin Midstream Partners L.P. (MMLP)
Stock Price:
$1.40 USD
-0.07 (-4.76%)
Updated Oct 30, 2020 4:00 PM EDT - Market closed
After-hours: $1.38 -0.02 (-1.43%) Oct 30, 4:54 PM
Key Info
| Market Cap |
54.39M |
| Revenue (ttm) |
733.92M |
| Net Income (ttm) |
2.36M |
| Shares Out |
38.85M |
| EPS (ttm) |
0.05 |
| PE Ratio |
28.00 |
| Forward PE |
n/a |
| Dividend |
$0.02 |
| Dividend Yield |
1.43% |
Stock Quote
| Trading Day |
Oct 30, 2020 |
| Last Price |
$1.40 |
| Previous Close |
$1.47 |
| Change ($) |
-0.07 |
| Change (%) |
-4.76% |
| Day's Open |
1.46 |
| Day's Range |
1.39 - 1.47 |
| Day's Volume |
65,366 |
| 52-Week Range |
0.91 - 5.62 |
More Stats
| Market Cap |
54.39M |
| Enterprise Value |
641.87M |
| Earnings Date (est) |
Feb 17, 2021 |
| Ex-Dividend Date |
Aug 6, 2020 |
| Shares Outstanding |
38.85M |
| Float |
31.77M |
| EPS (basic) |
0.05 |
| EPS (diluted) |
0.05 |
| FCF / Share |
1.15 |
| Dividend |
$0.02 |
| Dividend Yield |
1.43% |
| Earnings Yield |
3.57% |
| FCF Yield |
81.93% |
| Payout Ratio |
760.00% |
| Shares Short |
150,544 |
| Short Ratio |
0.37 |
| Short % of Float |
0.47% |
| Beta |
3.30 |
| PE Ratio |
28.00 |
| Forward PE |
n/a |
| P/FCF Ratio |
1.22 |
| PS Ratio |
0.07 |
| PB Ratio |
n/a |
| Revenue |
733.92M |
| Operating Income |
48.08M |
| Net Income |
2.36M |
| Free Cash Flow |
44.57M |
| Net Cash |
-587.47M |
| Net Cash / Share |
-15.12 |
| Gross Margin |
19.76% |
| Operating Margin |
6.55% |
| Profit Margin |
0.30% |
| FCF Margin |
6.07% |
| ROA |
4.23% |
| ROE |
26.95% |
| ROIC |
5.20% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (3)
| Buy |
0 |
| Overweight |
0 |
| Hold |
2 |
| Underweight |
0 |
| Sell |
1 |
Price Target
$2.17*
(55.00% upside)
Low
2.00
Current: $1.40
High
2.50
Target: 2.17
*Average 12-month price target from 3 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 847 | 1,020 | 973 | 827 | 1,037 | 1,642 | 1,613 | 1,490 | 1,242 | 880 |
| Revenue Growth | -16.96% | 4.8% | 17.65% | -20.2% | -36.86% | 1.82% | 8.21% | 19.95% | 41.17% | - |
| Gross Profit | 354 | 361 | 379 | 349 | 395 | 362 | 331 | 288 | 242 | 215 |
| Operating Income | 58.10 | 45.06 | 45.62 | 72.72 | 70.15 | 67.87 | 81.46 | 73.84 | 47.35 | 48.08 |
| Net Income | -175 | 55.66 | 19.92 | 31.65 | 38.38 | -11.71 | -13.35 | 102 | 22.76 | 27.53 |
| Shares Outstanding | 38.66 | 38.91 | 38.10 | 35.35 | 35.31 | 30.79 | 26.56 | 23.36 | 19.55 | 17.53 |
| Earnings Per Share | -4.44 | 1.11 | 0.44 | 0.65 | 0.62 | -0.49 | -0.50 | 3.96 | 0.92 | 0.63 |
| EPS Growth | - | 152.27% | -32.31% | 4.84% | - | - | - | 330.43% | 46.03% | - |
| Dividend Per Share | 1.25 | 2.00 | 2.00 | 2.94 | 3.25 | 3.18 | 3.11 | 3.06 | 3.05 | 3.00 |
| Dividend Growth | -37.5% | 0% | -31.93% | -9.63% | 2.3% | 2.29% | 1.6% | 0.36% | 1.57% | - |
| Operating Cash Flow | 75.82 | 105 | 69.08 | 111 | 183 | 116 | 112 | 32.68 | 91.36 | 39.18 |
| Capital Expenditures | -9.96 | -23.77 | -28.26 | 68.05 | -63.15 | -83.28 | -86.67 | -93.60 | -76.18 | -17.19 |
| Free Cash Flow | 65.85 | 81.26 | 40.83 | 179 | 119 | 32.30 | 25.52 | -60.92 | 15.19 | 21.99 |
| Cash & Equivalents | 2.86 | 0.30 | 0.03 | 0.02 | 0.03 | 0.04 | 16.54 | 5.16 | 0.27 | 11.38 |
| Total Debt | 594 | 668 | 813 | 808 | 865 | 889 | 659 | 478 | 460 | 374 |
| Net Cash / Debt | -591 | -668 | -813 | -808 | -865 | -889 | -642 | -473 | -460 | -363 |
| Assets | 667 | 1,074 | 1,253 | 1,246 | 1,380 | 1,541 | 1,098 | 1,013 | 1,069 | 785 |
| Liabilities | 703 | 785 | 955 | 934 | 987 | 1,055 | 838 | 655 | 732 | 511 |
| Book Value | -36.20 | 288 | 298 | 312 | 394 | 486 | 260 | 358 | 337 | 275 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Martin Midstream Partners L.P. |
| Country |
United States |
| CEO |
Ruben S. Martin |
Stock Information
| Ticker Symbol |
MMLP |
| Stock Exchange |
NASDAQ |
| Sector |
Energy |
| Industry |
Oil & Gas Midstream |
| Unique Identifier |
NASDAQ: MMLP |
| IPO Date |
November 1, 2002 |
Description
Martin Midstream Partners L.P. engages in the terminalling, processing, storage, and packaging of petroleum products and by-products in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 19 marine shore-based terminal facilities and 12 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 540 tank trucks and 1,275 trailers; and 33 inland marine tank barges, 19 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. This segment also owns 23 railcars and leases 41 railcars to transport molten sulfur; and leases 132 railcars to transport fertilizer products. 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 founded in 2002 and is based in Kilgore, Texas.