Summary

3.96 0.36(9.86%)10/04/2024
Martin Midstream Partners LP (MMLP)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
9.718.369.8621.6950.9556.94-3.8826.85


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Trading Data
Close3.96
Open3.94
High3.98
Low3.93
Volume545,560
Change0.35
Change %9.71
Avg Volume (20 Days)70,433
Volume/Avg Volume (20 Days) Ratio7.75
52 Week Range2.04 - 4.13
Price vs 52 Week High-4.24%
Price vs 52 Week Low93.87%
Range0.38
Gap Up/Down0.18
Fundamentals
Market Capitalization (Mln)140
EBIDTA187,583,008
PE Ratio29.9000
PEG Ratio12.8400
WallStreet Target Price3.50
Book Value-1.6180
Earnings Per Share0.1000
EPS Estimate Current Quarter0.0700
EPS Estimate Next Quarter0.0800
EPS Estimate Current Year0.1400
EPS Estimate Next Year0.2200
Diluted EPS (TTM)0.1000
Revenues
Profit Marging0.0051
Operating Marging (TTM)0.0978
Return on asset (TTM)0.1634
Return on equity (TTM)0.0000
Revenue TTM734,264,000
Revenue per share TTM18.9310
Quarterly Revenue Growth (YOY)-0.2610
Quarterly Earnings Growth (YOY)-0.8370
Gross Profit (TTM)143,686,000
Dividends
Dividend Share0.0200
Dividend Yield0.0067
Valuations
Trailing PE29.9000
Forward PE22.9885
Price Sales (TTM)0.0000
Price Book (MRQ)0.0000
Revenue Enterprise Value 0.7273
EBITDA Enterprise Value5.3950
Shares
Shares Outstanding39,001,100
Shares Float22,085,535
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)27.66
Institutions (%)35.76


10/04 07:37 EST - seekingalpha.com
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 a quality matrix with factors including valuation, profitability, growth, leverage, yield, and yield coverage. Based on this review, I recommend those investors who are interested in midstream energy first consider the five highest quality midstreams: HESM, WES, EPD, ET, and KNTK.
10/03 16:10 EST - businesswire.com
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 to which Martin Resource Management Corporation (“MRMC”) would acquire all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries (the “Public Common Units”). The Merger Agreement follows the offer made by MRMC in May 2024 to acquire the Public Common Units. The Mer.
08/20 11:58 EST - etftrends.com
Total Midstream/MLPs Repurchases Top $1 Billion in 2Q24
Summary Five constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $1.02 billion on equity repurchases in 2Q24. Over 85% of AMNA by weighting currently have a buyback authorization in place.
07/29 14:00 EST - prnewswire.com
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 Being Offered to MMLP Unitholders, Martin Midstream GP LLC's Conflicts Committee Refuses to Meet with Nut Tree and Caspian Directly Nut Tree and Caspian Call on Conflicts Committee to Act in Best Interests of All MMLP Unitholders by Meeting with Nut Tree and Caspian and Requiring Approval of the Majority of Unaffiliated Unitholders for Any Transaction with Martin Resource Management Corporation NEW YORK , July 29, 2024 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P.
07/19 10:31 EST - prnewswire.com
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 MRMC be Subject to Approval of Majority of Unaffiliated Common Unit Holders NEW YORK , July 19, 2024 /PRNewswire/ -- Nut Tree Capital Management LP ("Nut Tree") and Caspian Capital LP ("Caspian"), today sent a letter to the Conflicts Committee of the Board of Directors (the "Conflicts Committee") of Martin Midstream GP LLC (the "General Partner") highlighting the serious conflicts of interest among the Conflicts Committee, General Partner, Martin Resource Management Corporation ("MRMC"), and Martin Midstream Partners L.P. (NASDAQ: MMLP) ("MMLP" or the "Partnership").
07/15 10:07 EST - zacks.com
Martin Midstream (MMLP) Units Gain Amid Buyout Proposals
Martin Midstream (MMLP) is engaged in discussions with the Conflicts Committee regarding the buyout offer from MRMC, disregarding the superior offer made by Nut Tree and Caspian Capital.
07/11 08:00 EST - prnewswire.com
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 Are Making Offer Public After Conflicts Committee of the Board of Martin Midstream's General Partner Has Refused to Engage Nut Tree and Caspian Have Advisors in Place and Are Prepared to Commence Expedited Due Diligence; Offer is Not Subject to a Financing Condition Nut Tree and Caspian Will Consider all Available Alternatives if Conflicts Committee Refuses to Meaningfully Engage NEW YORK , July 11, 2024 /PRNewswire/ -- Nut Tree Capital Management LP ("Nut Tree") and Caspian Capital LP ("Caspian"), today announced they sent a letter to the Conflicts Committee of the Board of Directors (the "Committee") of Martin Midstream GP LLC (the "General Partner") in which Nut Tree and Caspian reiterated their non-binding proposal made on June 21, 2024 to acquire Martin Midstream Partners L.P. (NASDAQ: MMLP) ("MMLP") for $4.00 per MMLP common unit in cash (the "Proposal").
07/08 11:00 EST - businesswire.com
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 closes. An investors' conference call to review second quarter results will be held the following day. Date: Thursday, July 18, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-regist.
07/01 17:29 EST - businesswire.com
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. Unitholders requiring this information may access their Schedule K-3 at https://www.taxpackagesupport.com/martinmidstream. A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unithold.
06/24 17:00 EST - businesswire.com
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 from the Partnership's transfer pipeline which connects our Sandyland Terminal to the Smackover Refinery in Smackover, Union County, Arkansas. The Partnership is working closely with the Environmental Protection Agency (“EPA”), Arkansas Department of Energy and Environment, and Arkansas Game and Fish.
05/24 09:25 EST - businesswire.com
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 “13D Amendment”) with the U.S. Securities and Exchange Commission. The 13D Amendment discloses that MRMC has made a non-binding proposal to the Conflicts Committee (the “Conflicts Committee”) of the Board of Directors of Martin Midstream GP LLC (the “GP Board”), the general partner of MMLP, pursuan.
05/20 11:00 EST - businesswire.com
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 at the 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, Florida. A copy of the Partnership's presentation will be available under the Investor Relations tab on the Partnership's website at www.MMLP.com. About Martin Midstream Partners Martin Midstream Partners LP, headqua.
04/17 16:01 EST - businesswire.com
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, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, “The Partnership had a strong quarter resulting in adjusted EBITDA of $30.4 million compared to guidance of $31.6 million. Demand in both the marine and land transportation divisions remain ro.
04/17 09:51 EST - zacks.com
Why Fast-paced Mover Martin Midstream Partners (MMLP) Is a Great Choice for Value Investors
Martin Midstream Partners (MMLP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
04/04 11:00 EST - businesswire.com
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 closes. An investors' conference call to review first quarter results will be held the following day. Date: Thursday, April 18, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-regist.
03/14 11:04 EST - businesswire.com
Martin Midstream Partners L.P. Tax Packages Now Available
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) announced today that its 2023 Investor Tax Packages including Schedule K-1 are now available online. Information reported in these tax packages could be subject to change given potential retroactive changes in the tax law that are still being considered by the U.S. Congress and the Biden administration. If the Tax Relief for American Families and Workers Act of 2024 (referred to as “H.R. 7024”), which passed.
03/11 08:20 EST - 247wallst.com
3 Stocks Under $5 That Wall Street Thinks Will Grow 35% or More
Many investors, including more aggressive traders, look at lower-priced stocks with growth prospects as a way both to make some good money and to get a higher share count.
02/26 14:58 EST - businesswire.com
Martin Midstream Partners L.P. Update on Availability of 2023 K-1
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) today provided an update on the expected availability of the partnership's 2023 Investor Tax Packages including Schedule K-1 for its common unitholders. Historically, MMLP's Investor Tax Packages have been available by the end of February for the preceding tax year; however, the timing of the availability of MMLP's 2023 Investor Tax Packages is dependent upon actions of the U.S. Congress and the Biden admini.
02/15 11:58 EST - seekingalpha.com
Martin Midstream Partners L.P. (MMLP) Q4 2023 Earnings Call Transcript
Martin Midstream Partners L.P. (MMLP) Q4 2023 Earnings Call Transcript
02/14 16:01 EST - businesswire.com
Martin Midstream Partners Reports Fourth Quarter and Full Year 2023 Financial Results and Releases 2024 Guidance
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq:MMLP) (“MMLP” or the “Partnership”) today announced its financial results for the three months and year ended December 31, 2023. “Fiscal year 2023 was significant for the Partnership as we focused on debt reduction and stability in our earnings by concentrating on our diversified refinery services assets and exiting the butane optimization business,” said Bob Bondurant, President and Chief Executive Officer of Martin Midstr.