martin midstream partners l.p. is a publicly traded limited partnership with a diverse set of operations focused primarily in the united states gulf coast region. our four primary business lines include: •terminalling, storage and packaging services for petroleum products and by-products •natural gas services, including liquids transportation and distribution services and natural gas storage •sulfur and sulfur-based products processing, manufacturing, marketing and distribution •marine transportation services for petroleum products and by-products the petroleum products and by-products we collect, transport, store and distribute are produced primarily by the independent oil and gas companies who often turn to third parties, such as us, for the transportation and disposition of these products. in addition to these major and independent oil and gas companies, our primary customers include independent refiners, large chemical companies, fertilizer manufacturers and other wholesale purchas
Company profile
Ticker
MMLP
Exchange
Website
CEO
Ruben S. Martin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MARTIN MIDSTREAM PARTNERS LP
SEC CIK
Corporate docs
Subsidiaries
Martin Operating GP LLC • Martin Operating Partnership L.P. • Martin Midstream Finance Corp. • Martin Transport, Inc. • Talen's Marine & Fuel, LLC • Martin ELSA Investment LLC ...
IRS number
50527861
MMLP stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
23 Apr 24
8-K
Martin Midstream Partners Reports First Quarter 2024 Financial Results and Declares Quarterly Cash Distribution
17 Apr 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Martin Midstream Partners Reports Fourth Quarter and Full Year 2023 Financial Results and Releases 2024 Guidance
14 Feb 24
10-Q
2023 Q3
Quarterly report
24 Oct 23
8-K
Martin Midstream Partners Reports Third Quarter 2023 Financial Results and Declares Quarterly Cash Distribution
18 Oct 23
10-Q
2023 Q2
Quarterly report
25 Jul 23
8-K
Martin Midstream Partners Reports Second Quarter 2023 Financial Results and Declares Quarterly Cash Distribution
19 Jul 23
10-Q
2023 Q1
Quarterly report
25 Apr 23
8-K
Martin Midstream Partners Reports First Quarter 2023 Financial Results and Declares Quarterly Cash Distribution
19 Apr 23
Transcripts
MMLP
Earnings call transcript
2024 Q1
18 Apr 24
MMLP
Earnings call transcript
2023 Q4
15 Feb 24
MMLP
Earnings call transcript
2023 Q3
19 Oct 23
MMLP
Earnings call transcript
2023 Q2
20 Jul 23
MMLP
Earnings call transcript
2023 Q1
20 Apr 23
MMLP
Earnings call transcript
2022 Q4
16 Feb 23
MMLP
Earnings call transcript
2022 Q3
4 Nov 22
MMLP
Earnings call transcript
2022 Q2
21 Jul 22
MMLP
Earnings call transcript
2022 Q1
21 Apr 22
MMLP
Earnings call transcript
2021 Q4
17 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 54.00 k | 54.00 k | 54.00 k | 54.00 k | 54.00 k | 54.00 k |
Cash burn (monthly) | 1.00 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 6.88 k | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 47.12 k | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 47.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
10.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 11 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 2 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 5.52 bn |
Total shares | 4.07 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
GS Goldman Sachs | 1.96 mm | $4.21 bn |
BCS Barclays | 1.50 mm | $3.23 mm |
JPM JPMorgan Chase & Co. | 558.60 k | $1.19 bn |
BNP Paribas Arbitrage | 32.60 k | $69.43 mm |
Victory Capital Management | 22.29 k | $47.48 mm |
Endurance Wealth Management | 1.00 k | $2.00 k |
Simplex Trading | 998.00 | $2.00 k |
TSFG | 400.00 | $1.00 k |
IFP Advisors | 300.00 | $645.00 k |
GWM Advisors | 185.00 | $398.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Martin Ruben S | Common Units | Buy | Acquire P | No | No | 2.6472 | 820.931 | 2.17 k | 158,800.334 |
9 Apr 24 | Bondurant Robert D | Common Units | Buy | Acquire P | No | No | 2.6472 | 1,602.99 | 4.24 k | 148,070.312 |
9 Apr 24 | Sharon L Taylor | Common Units | Buy | Acquire P | No | No | 2.6472 | 397.727 | 1.05 k | 23,034.226 |
9 Apr 24 | Shoup Scot A | Common Units | Buy | Acquire P | No | No | 2.6472 | 176.085 | 466.13 | 27,846.362 |
12 Mar 24 | Martin Ruben S | Common Units | Buy | Acquire P | No | No | 2.5589 | 566.181 | 1.45 k | 157,979.403 |
News
Martin Midstream Partners Q1 2024 GAAP EPS $0.08 Beats $0.07 Estimate, Sales $180.830M Miss $198.797M Estimate
17 Apr 24
Earnings Scheduled For April 17, 2024
17 Apr 24
Martin Midstream Partners Q4 2023 GAAP EPS $0.02, Sales $181.10M Beat $177.85M Estimate
14 Feb 24
Earnings Scheduled For February 14, 2024
14 Feb 24
Earnings Preview: Martin Midstream Partners
13 Feb 24
Press releases
Martin Midstream Partners Reports First Quarter 2024 Financial Results and Declares Quarterly Cash Distribution
17 Apr 24
Martin Midstream Partners L.P. Sets Date for Release of First Quarter 2024 Financial Results and Conference Call
4 Apr 24
Martin Midstream Partners L.P. Tax Packages Now Available
14 Mar 24
Martin Midstream Partners L.P. Update on Availability of 2023 K-1
26 Feb 24
Martin Midstream Partners Reports Fourth Quarter and Full Year 2023 Financial Results and Releases 2024 Guidance
14 Feb 24