MMLP - Martin Midstream Partners LP Stock Price, Fair Value and News

2.99USD+0.02 (+0.67%)Delayed

Market Summary

USD2.99+0.02

Delayed

0.67%

MMLP Stock Price

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MMLP RSI Chart

MMLP Valuation

Market Cap

116.6M

Price/Earnings (Trailing)

30.61

Price/Sales (Trailing)

0.16

EV/EBITDA

-3.8K

Price/Free Cashflow

1.95

MMLP Price/Sales (Trailing)

MMLP Profitability

EBT Margin

1.18%

Return on Assets

0.74%

Free Cashflow Yield

51.33%

MMLP Fundamentals

MMLP Revenue

Revenue (TTM)

734.3M

Rev. Growth (Yr)

-26.05%

Rev. Growth (Qtr)

-0.15%

MMLP Earnings

Earnings (TTM)

3.8M

Earnings Growth (Yr)

164.35%

Earnings Growth (Qtr)

533.08%

Breaking Down MMLP Revenue

Last 30 days

9.1%

Last 90 days

23.5%

Trailing 12 Months

26.7%

How does MMLP drawdown profile look like?

MMLP Financial Health

Current Ratio

1.25

Debt/Cashflow

0.23

MMLP Investor Care

Shares Dilution (1Y)

0.22%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	734.3M	0	0	0
2023	984.2M	912.8M	860.2M	798.0M
2022	960.7M	1.0B	1.1B	1.0B
2021	674.2M	717.9M	776.6M	882.4M
2020	806.0M	759.3M	733.9M	672.1M
2019	974.3M	928.6M	872.4M	847.1M
2018	984.5M	1.0B	1.0B	1.0B
2017	855.1M	858.7M	877.3M	946.1M
2016	957.1M	896.3M	844.9M	827.4M
2015	1.5B	1.3B	1.2B	1.0B
2014	1.7B	1.7B	1.7B	1.6B
2013	1.6B	1.6B	1.6B	1.6B
2012	1.3B	1.4B	1.4B	1.5B
2011	919.2M	999.7M	1.1B	1.2B
2010	0	735.0M	807.5M	880.1M
2009	0	0	0	662.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Martin Midstream Partners LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	bondurant robert d	bought	2,829	2.8858	980	president and ceo
May 07, 2024	taylor sharon l	bought	701	2.8858	243	executive vice president / cfo
May 07, 2024	shoup scot a	bought	310	2.8858	107	senior vp operations
May 07, 2024	martin ruben s	bought	1,448	2.8858	502	-
Apr 09, 2024	bondurant robert d	bought	4,243	2.6472	1,602	president and ceo
Apr 09, 2024	shoup scot a	bought	466	2.6472	176	senior vp operations
Apr 09, 2024	martin ruben s	bought	2,173	2.6472	820	-
Apr 09, 2024	taylor sharon l	bought	1,052	2.6472	397	executive vice president / cfo
Mar 12, 2024	taylor sharon l	bought	701	2.5589	274	executive vice president / cfo
Mar 12, 2024	martin ruben s	bought	1,448	2.5589	566	-

Which funds bought or sold MMLP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-24,139	-	-%
May 15, 2024	Blackstone Inc.	reduced	-11.95	-177,128	2,733,950	0.01%
May 15, 2024	CITADEL ADVISORS LLC	added	134	128,042	213,307	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-3.42	131,305	4,481,980	-%
May 15, 2024	Lee Financial Co	sold off	-100	-720	-	-%
May 15, 2024	Cetera Advisor Networks LLC	sold off	-100	-30,101	-	-%
May 15, 2024	BARCLAYS PLC	unchanged	-	240,000	3,840,000	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-20.02	-1,888	10,962	-%
May 15, 2024	MORGAN STANLEY	added	19.2	58,237	272,777	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-98.37	-14,449	256	-%

Are Funds Buying or Selling MMLP?

Are funds buying MMLP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MMLP

No. of Funds

Unveiling Martin Midstream Partners LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 12, 2024	invesco ltd.	18.5%	7,212,745	SC 13G/A
Jul 25, 2023	martin midstream partners l.p.	24.74%	9,626,281	SC 13D/A
Mar 24, 2022	martin midstream partners l.p.	23.31%	9,051,369	SC 13D/A
Feb 11, 2022	invesco ltd.	18.6%	7,216,779	SC 13G/A
Dec 10, 2021	martin midstream partners l.p.	22.1%	8,573,224	SC 13D
Feb 12, 2021	invesco ltd.	21.1%	8,216,779	SC 13G/A
Feb 12, 2020	invesco ltd.	21.2%	8,245,272	SC 13G/A

Recent SEC filings of Martin Midstream Partners LP

View All Filings

Date Filed	Form Type	Document
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
Apr 23, 2024	10-Q	Quarterly Report
Apr 17, 2024	8-K	Current Report
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading

Peers (Alternatives to Martin Midstream Partners LP)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ENB	78.1B	42.6B	10.26%	-0.81%	13.27	1.83	-15.26%	110.89%
EPD	62.0B	52.0B	0.60%	9.51%	11.08	1.19	-9.70%	0.25%
ET	53.8B	81.2B	4.79%	25.47%	13.24	0.66	-8.10%	-11.70%
KMI	43.7B	15.3B	10.92%	19.25%	17.79	2.86	-18.66%	-3.98%
LNG	36.7B	17.4B	2.16%	12.87%	7.41	2.1	-47.07%	-35.95%
PAA	12.2B	48.4B	0.06%	28.76%	11.34	0.25	-13.61%	-15.57%
MID-CAP
AM	7.2B	1.1B	9.30%	40.89%	18.45	6.77	10.45%	16.98%
ENLC	6.2B	6.8B	1.79%	38.22%	37.97	0.91	-24.85%	-57.72%
ETRN	6.0B	1.4B	13.37%	134.57%	13.33	4.37	-0.72%	272.22%
INSW	3.1B	1.1B	20.13%	66.90%	5.92	2.95	0.83%	-7.88%
HESM	2.8B	1.4B	1.99%	28.65%	19.78	2.02	10.36%	-29.40%
SMALL-CAP
GEL	1.6B	3.2B	11.30%	26.94%	12.27	0.51	7.09%	65.33%
GLP	1.5B	16.6B	-2.05%	39.57%	12.83	0.09	-9.78%	-67.33%
GPP	286.4M	82.4M	-4.55%	-4.48%	7.48	3.48	5.74%	-6.51%
MMLP	116.6M	734.3M	9.12%	26.69%	30.61	0.16	-25.40%	114.16%

Martin Midstream Partners LP News

Latest updates

Martin Midstream Partners LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.1%	180,830,000	181,101,000	176,697,000	195,636,000	244,529,000	243,376,000	229,305,000	266,996,000	279,201,000	285,906,000	211,258,000	184,293,000	200,974,000	180,088,000	152,533,000	140,638,000	198,883,000	241,862,000	177,900,000	187,323,000	240,033,000
Costs and Expenses	-0.6%	163,143,000	164,192,000	162,804,000	178,980,000	226,636,000	231,427,000	242,339,000	245,752,000	253,766,000	260,184,000	203,352,000	176,749,000	184,528,000	178,484,000	146,065,000	132,693,000	185,793,000	224,473,000	168,741,000	180,680,000	229,707,000
Operating Expenses	-0.7%	63,934,000	64,354,000	64,375,000	60,737,000	62,745,000	65,151,000	66,158,000	64,082,000	56,495,000	51,907,000	50,098,000	47,313,000	44,634,000	45,158,000	43,105,000	44,202,000	51,282,000	52,814,000	51,071,000	53,579,000	51,849,000
S&GA Expenses	-17.3%	8,913,000	10,783,000	10,424,000	8,447,000	11,172,000	10,392,000	10,273,000	9,944,000	11,203,000	11,704,000	9,739,000	8,960,000	10,609,000	10,241,000	10,339,000	9,858,000	10,462,000	10,533,000	10,474,000	10,226,000	10,200,000
EBITDA Margin	98.3%	0.00	-0.01	-0.01	-0.04	-0.02	0.00	0.01	0.03	0.02	0.01	-0.01	-0.01	-	-	-	-	-	-	-	-	-
Interest Expenses	3.7%	-13,842,000	-14,376,000	-14,994,000	-15,263,000	-15,657,000	-14,484,000	-13,906,000	-12,846,000	-12,429,000	-13,735,000	-14,110,000	-13,309,000	-12,953,000	-13,965,000	-12,943,000	-9,377,000	-9,925,000	-11,060,000	-11,973,000	-14,986,000	-13,671,000
Income Taxes	-65.4%	796,000	2,299,000	788,000	996,000	1,835,000	2,458,000	1,891,000	2,037,000	1,541,000	1,269,000	954,000	935,000	222,000	226,000	373,000	790,000	347,000	328,000	237,000	639,000	696,000
Earnings Before Taxes	44.5%	4,069,000	2,816,000	-273,000	2,077,000	-3,251,000	2,083,000	-26,152,000	8,643,000	13,019,000	12,070,000	-5,957,000	-5,677,000	2,733,000	-2,338,000	-10,446,000	-1,413,000	9,162,000	6,970,000	13,487,000	-9,975,000	-4,062,000
EBT Margin	589.6%	0.01	0.00	0.00	-0.03	-0.02	0.00	0.01	0.03	0.01	0.00	-0.01	-0.02	-	-	-	-	-	-	-	-	-
Net Income	533.1%	3,273,000	517,000	-1,061,000	1,081,000	-5,086,000	-375,000	-28,043,000	6,606,000	11,478,000	10,801,000	-6,911,000	-6,612,000	2,511,000	-2,564,000	-10,819,000	-2,203,000	8,815,000	6,642,000	13,250,000	-191,182,000	-3,656,000
Net Income Margin	191.0%	0.01	-0.01	-0.01	-0.04	-0.03	-0.01	0.00	0.02	0.01	0.00	-0.02	-0.02	-	-	-	-	-	-	-	-	-
Free Cashflow	-107.0%	-1,561,000	22,380,000	-979,000	40,013,000	41,737,000	26,686,000	-51,592,000	-4,342,000	18,159,000	43,525,000	-21,740,000	-3,455,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.5%	512	509	508	503	543	599	628	636	574	580	614	577	570	580	626	617	612	667	691	701	1,095
Current Assets	1.5%	116	114	112	117	162	211	232	237	170	174	201	155	136	136	164	143	127	181	198	199	188
Cash Equivalents	0%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.00	1.00	1.00	5.00	2.00	0.00	0.00	3.00	2.00	3.00	0.00
Inventory	-5.5%	41.00	44.00	42.00	51.00	77.00	110	136	118	54.00	62.00	98.00	71.00	39.00	54.00	78.00	66.00	47.00	63.00	96.00	81.00	71.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	414	417	422	429	813
Goodwill	0%	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00
Liabilities	-0.1%	574	574	573	567	608	658	687	667	612	628	678	628	615	627	671	651	642	703	725	738	931
Current Liabilities	-7.5%	93.00	101	81.00	89.00	96.00	111	311	148	101	104	108	88.00	78.00	119	105	447	449	107	89.00	110	525
Long Term Debt	2.1%	430	421	440	436	475	513	343	489	483	499	547	517	513	485	541	177	166	570	606	596	378
LT Debt, Non Current	2.1%	430	421	440	436	475	513	343	489	483	499	547	517	513	485	541	177	166	570	606	596	-
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	479	468	460	451	498
Float	-	-	-	-	87.00	-	-	-	87.00	-	-	-	96.00	-	-	-	38.00	-	-	-	234	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-67.8%	10,109	31,403	7,291	49,510	49,264	32,904	-45,207	76.00	28,375	48,135	-18,491	2,231	3,854	45,635	-25,476	-263	44,889	50,196	-6,894	-8,090	40,603
Share Based Compensation	50.0%	54.00	36.00	37.00	38.00	52.00	36.00	46.00	45.00	34.00	48.00	48.00	48.00	240	352	361	363	346	360	349	363	352
Cashflow From Investing	-55.6%	-17,395	-11,182	-9,068	-9,192	-4,218	-1,572	-7,527	-4,191	-11,354	-5,612	-3,868	-5,576	-4,185	15,351	400	-6,852	-6,295	-996	8,574	201,196	-33,946
Cashflow From Financing	136.0%	7,286	-20,221	1,774	-40,318	-45,034	-31,332	52,736	3,846	-16,761	-49,254	28,461	2,914	-3,515	-57,890	26,886	7,099	-41,382	-48,146	-2,399	-190,812	-6,730
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	17.00	-	-	-	9.00	-	-	-	392

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MMLP Income Statement

2024-03-31

CONSOLIDATED AND CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Revenues:

Revenues

$ 180,830

$ 244,529

Cost of products sold: (excluding depreciation and amortization)

Cost of products sold

77,647

139,818

Expenses:

Operating expenses

^[1]

63,934

62,745

Selling, general and administrative

^[1]

8,913

11,172

Depreciation and amortization

12,649

12,901

Total costs and expenses

163,143

226,636

Other operating income (loss), net

208

(388)

Operating income

17,895

17,505

Other income (expense):

Interest expense, net

(13,842)

(15,657)

Loss on extinguishment of debt

(5,121)

Other, net

Total other expense

(13,826)

(20,756)

Net income (loss) before taxes

4,069

(3,251)

Income tax expense

(796)

(1,835)

Net income (loss)

3,273

(5,086)

Less general partner's interest in net income (loss)

(65)

102

Less income (loss) allocable to unvested restricted units

(12)

Limited partners' interest in net income (loss)

$ 3,196

$ (4,968)

Net income (loss) per unit attributable to limited partners - basic (in dollars per share)

$ 0.08

$ (0.13)

Net income (loss) per unit attributable to limited partners - diluted (in dollars per share)

$ 0.08

$ (0.13)

Weighted average limited partner units - basic (in shares)

38,828,737

38,769,794

Weighted average limited partner units - diluted (in shares)

38,836,165

38,769,794

Terminalling and storage

Revenues:

Revenues

^[1]

$ 22,517

$ 20,858

Transportation

Revenues:

Revenues

^[1]

58,307

55,723

Sulfur services

Revenues:

Revenues

3,477

3,358

Product sales

Revenues:

Revenues

^[1]

96,529

164,590

Specialty products

Revenues:

Revenues

^[1]

66,325

132,269

Cost of products sold: (excluding depreciation and amortization)

Cost of products sold

^[1]

57,230

117,995

Sulfur services

Revenues:

Revenues

^[1]

30,204

32,321

Cost of products sold: (excluding depreciation and amortization)

Cost of products sold

^[1]

20,399

21,817

Terminalling and storage

Cost of products sold: (excluding depreciation and amortization)

Cost of products sold

^[1]

$ 18

$ 6

[1]

Related Party Transactions Included Above


	Three Months Ended
	March 31,
		2024		2023
Revenues:*
Terminalling and storage		$	18,549	$	17,502
Transportation		8,601		5,511

Product Sales		129		925
Costs and expenses:*
Cost of products sold: (excluding depreciation and amortization)
Specialty products		6,573		9,510
Sulfur services		2,993		2,708
Terminalling and storage		18		6
Expenses:
Operating expenses		26,423		23,827
Selling, general and administrative		6,863		8,516

MMLP Balance Sheet

2024-03-31

CONSOLIDATED AND CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash	$ 54	$ 54
Accounts and other receivables, less allowance for doubtful accounts of $511 and $530, respectively	58,019	53,293
Inventories	41,410	43,822
Due from affiliates	6,035	7,924
Other current assets	10,466	9,220
Total current assets	115,984	114,313
Property, plant and equipment, at cost	928,934	918,786
Accumulated depreciation	(622,392)	(612,993)
Property, plant and equipment, net	306,542	305,793
Goodwill	16,671	16,671
Right-of-use assets	58,267	60,359
Deferred income taxes, net	10,526	10,200
Other assets, net	4,087	2,039
Total assets	512,077	509,375
Liabilities and Partners’ Capital (Deficit)
Trade and other accounts payable	58,995	51,653
Product exchange payables	253	426
Due to affiliates	6,002	6,334
Income taxes payable	1,715	652
Other accrued liabilities	26,057	41,499
Total current liabilities	93,022	100,564
Long-term debt, net	430,024	421,173
Operating lease liabilities	43,606	45,684
Other long-term obligations	6,921	6,578
Total liabilities	573,573	573,999
Commitments and contingencies
Partners’ capital (deficit)	(61,496)	(64,624)
Total liabilities and partners' capital (deficit)	$ 512,077	$ 509,375
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	Affiliated Entity [Member]	Affiliated Entity [Member]
Other Liability, Current, Related Party, Type [Extensible Enumeration]	Affiliated Entity [Member]	Affiliated Entity [Member]

About Martin Midstream Partners LP

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 Natural Gas Liquids. The company's Terminalling and Storage segment owns or operates 14 marine shore-based terminal facilities and 13 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 700 trucks and 1,200 tank trailers; and 27 inland marine tank barges, 15 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. Its Natural Gas Liquids segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial natural gas liquid users, and propane retailers. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.

CEO	Mr. Robert D. Bondurant
WEBSITE	https://mmlp.com
INDUSTRY	Oil - Midstream

Martin Midstream Partners LP Frequently Asked Questions

What is the ticker symbol for Martin Midstream Partners LP? What does MMLP stand for in stocks?

MMLP is the stock ticker symbol of Martin Midstream Partners LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Martin Midstream Partners LP (MMLP)?

As of Fri May 17 2024, market cap of Martin Midstream Partners LP is 116.61 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MMLP stock?

You can check MMLP's fair value in chart for subscribers.

What is the fair value of MMLP stock?

You can check MMLP's fair value in chart for subscribers. The fair value of Martin Midstream Partners LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Martin Midstream Partners LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MMLP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Martin Midstream Partners LP a good stock to buy?

The fair value guage provides a quick view whether MMLP is over valued or under valued. Whether Martin Midstream Partners LP is cheap or expensive depends on the assumptions which impact Martin Midstream Partners LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MMLP.

What is Martin Midstream Partners LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MMLP's PE ratio (Price to Earnings) is 30.61 and Price to Sales (PS) ratio is 0.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MMLP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Martin Midstream Partners LP's stock?

In the past 10 years, Martin Midstream Partners LP has provided -0.228 (multiply by 100 for percentage) rate of return.