Martin Midstream Partners L.P. (MMLP)
NASDAQ: MMLP · Real-Time Price · USD
2.180
+0.020 (0.93%)
Sep 28, 2026, 4:00 PM EDT - Market closed
Martin Midstream Partners Earnings Call Transcripts
Fiscal Year 2024
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Adjusted EBITDA for Q3 was $25.1 million, missing guidance due to higher incentive expenses, but transportation and sulfur services outperformed. CapEx for 2024 is now forecast at $57.4 million, with 2025 spending expected to decline as the ELSA project nears completion.
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Second quarter Adjusted EBITDA exceeded guidance despite $2 million in casualty losses, with strong performance in transportation and sulfur services. 2024 CapEx guidance increased to $58.4 million, and the ELSA project remains on track for initial shipments in August.