Martin Midstream PartnersMMLP
MMLP
About: Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and natural gas liquids marketing, distribution and transportation services. Company operates in four segment Terminalling and storage, Transportation, Sulfur service and Specialty products segment. Majority of the revenue derived from Specialty products segment.
Employees: 1,619
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
428% more call options, than puts
Call options by funds: $586K | Put options by funds: $111K
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
6% more funds holding
Funds holding: 33 [Q3] → 35 (+2) [Q4]
1.87% more ownership
Funds ownership: 42.1% [Q3] → 43.97% (+1.87%) [Q4]
3% more capital invested
Capital invested by funds: $59.9M [Q3] → $61.6M (+$1.62M) [Q4]
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Research analyst outlook
We haven’t received any recent analyst ratings for MMLP.
Financial journalist opinion
Based on 3 articles about MMLP published over the past 30 days
Neutral
Business Wire
1 week ago
Martin Midstream Partners Reports Fourth Quarter and Full Year 2024 Financial Results and Releases 2025 Guidance
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq: MMLP) (“MMLP” or the “Partnership”) today announced its financial results for the fourth quarter and full year ended December 31, 2024. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, “For the fourth quarter and full year 2024 the Partnership generated Adjusted EBITDA of $23.3 million and $110.6 million, respectively, which was below our annua.
Positive
Seeking Alpha
2 weeks ago
Martin Midstream Partners Could Generate $30 Million In 2025 Free Cash Flow
Martin Midstream Partners terminated its agreement to be acquired by Martin Resource Management Corporation for $4.02 per unit in cash. It should be able to generate a substantial (estimated at $30+ million) in 2025 free cash flow as a standalone company. 2025 results will be boosted by a full-year's worth of contributions from its electronic level sulfuric acid plant joint venture.
Neutral
Business Wire
3 weeks ago
Martin Midstream Partners L.P. Sets Date for Release of Fourth Quarter 2024 Financial Results
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) will announce its financial results for the fourth quarter and full year 2024 on Wednesday, February 12, 2025, after the market closes where it can be accessed at www.MMLP.com. MMLP also expects to release its full year 2025 financial guidance in conjunction with the earnings release. About MMLP Martin Midstream Partners LP, headquartered in Kilgore, Texas, is a publicly traded limited partnership with a div.
Neutral
Business Wire
1 month ago
Martin Midstream Partners Announces Quarterly Cash Distribution
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) announced it has declared a quarterly cash distribution of $0.005 per unit for the quarter ended December 31, 2024. The distribution is payable on February 14, 2025, to common unitholders of record as of the close of business on February 7, 2025. The ex-dividend date for the cash distribution is February 7, 2025. Martin Midstream Partners LP, headquartered in Kilgore, Texas, is a publicly traded limited partnership w.
Positive
ETF Trends
1 month ago
Williams' Transco System Experiences Record Loads After Expansion
Midstream corporation Williams (WMB) offered insight into its recently completed Transco expansion project. Transco's Southside Reliability Enhancement has been placed into full service as of last month.
Negative
Seeking Alpha
1 month ago
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 solid during 2023 and 2024. Looking ahead into 2025, they have strong prospects for higher distributions thanks to their outlook for relatively significant free cash flow.
Neutral
Business Wire
1 month ago
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”), dated October 3, 2024, with Martin Resource Management Corporation (“MRMC”), pursuant to which MRMC would have acquired all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries (the “Merger”). The Merger Agreement was terminated by the mutual written consent of.
Neutral
Business Wire
2 months ago
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 Institutional Shareholder Services Inc (“ISS”) in recommending that unitholders vote “FOR” the pending transaction with Martin Resource Management Corporation (“MRMC”) in advance of the upcoming MMLP Special Meeting of unitholders, which is scheduled for December 30, 2024. In its report dated Decem.
Neutral
Business Wire
2 months ago
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. (“ISS”) recommends that unitholders vote “FOR” the pending transaction with Martin Resource Management Corporation (“MRMC”) in advance of the upcoming MMLP Special Meeting of unitholders, which is scheduled for December 30, 2024. In its report dated December 16, 2024, ISS stated1: “MMLP remains a.
Neutral
PRNewsWire
2 months ago
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 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P.
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