NASDAQ:MMLP - Martin Midstream Partners Stock Price, News, & Analysis

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$7.74 -2.10 (-21.34 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$9.84
Today's Range$7.21 - $8.46
52-Week Range$7.21 - $16.20
Volume2.47 million shs
Average Volume248,383 shs
Market Capitalization$302.24 million
P/E RatioN/A
Dividend Yield20.33%
Beta1.28
Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 19 marine shore-based terminal facilities and 14 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 Natural Gas Services segment distributes natural gas liquids (NGLs) to propane retailers, refineries, and industrial NGL users, as well as owns a NGL pipeline covering an area of approximately 200 miles from Kilgore, Texas to Beaumont, Texas; and owns approximately 2.4 million barrels of underground storage capacity for NGLs. It also operates and manages natural gas storage facilities in northern Louisiana and Mississippi. The company's Sulfur Services segment manufactures and markets various sulfur-based fertilizer and related sulfur products, including plant nutrient and agricultural ground sulfur products; ammonium sulfate products; industrial sulfur products; and liquid sulfur products. This segment owns 26 railcars and leases 42 railcars to transport molten sulfur; and leases 132 railcars to transport fertilizer products. Its Marine Transportation segment operates 31 inland marine tank barges, 17 inland push boats, and 1 offshore tug and barge units that transport petroleum products and by-products to oil and gas refining companies, and petroleum marketing companies. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was founded in 2002 and is based in Kilgore, Texas.

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Industry, Sector and Symbol

Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:MMLP
CUSIPN/A
Phone903-983-6200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$972.66 million
Cash Flow$1.4176 per share
Book Value$6.78 per share

Profitability

Net Income$44.10 million

Miscellaneous

EmployeesN/A
Market Cap$302.24 million
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

Martin Midstream Partners (NASDAQ:MMLP) Frequently Asked Questions

What is Martin Midstream Partners' stock symbol?

Martin Midstream Partners trades on the NASDAQ under the ticker symbol "MMLP."

How often does Martin Midstream Partners pay dividends? What is the dividend yield for Martin Midstream Partners?

Martin Midstream Partners declared a quarterly dividend on Friday, January 18th. Stockholders of record on Thursday, February 7th will be paid a dividend of $0.50 per share on Thursday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 25.84%. The ex-dividend date of this dividend is Wednesday, February 6th. View Martin Midstream Partners' Dividend History.

How were Martin Midstream Partners' earnings last quarter?

Martin Midstream Partners L.P. (NASDAQ:MMLP) released its quarterly earnings results on Wednesday, April, 24th. The pipeline company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.31. The pipeline company had revenue of $250.97 million for the quarter, compared to analyst estimates of $276.53 million. Martin Midstream Partners had a net margin of 4.53% and a negative return on equity of 2.75%. View Martin Midstream Partners' Earnings History.

When is Martin Midstream Partners' next earnings date?

Martin Midstream Partners is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Martin Midstream Partners.

What guidance has Martin Midstream Partners issued on next quarter's earnings?

Martin Midstream Partners issued an update on its first quarter earnings guidance on Wednesday, April, 24th. The company provided EPS guidance of -$0.09 for the period, compared to the Thomson Reuters consensus estimate of $0.28. The company issued revenue guidance of $251 million, compared to the consensus revenue estimate of $298.56 million.

What price target have analysts set for MMLP?

3 brokerages have issued 1 year price targets for Martin Midstream Partners' stock. Their predictions range from $15.00 to $17.00. On average, they expect Martin Midstream Partners' stock price to reach $16.00 in the next year. This suggests a possible upside of 106.7% from the stock's current price. View Analyst Price Targets for Martin Midstream Partners.

What is the consensus analysts' recommendation for Martin Midstream Partners?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Midstream Partners in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Martin Midstream Partners.

Has Martin Midstream Partners been receiving favorable news coverage?

News stories about MMLP stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Martin Midstream Partners earned a news impact score of 1.5 on InfoTrie's scale. They also gave news stories about the pipeline company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

Are investors shorting Martin Midstream Partners?

Martin Midstream Partners saw a decrease in short interest in March. As of March 15th, there was short interest totalling 386,275 shares, a decrease of 27.8% from the February 28th total of 534,888 shares. Based on an average daily volume of 175,768 shares, the short-interest ratio is currently 2.2 days. Approximately 1.2% of the shares of the company are sold short. View Martin Midstream Partners' Current Options Chain.

Who are some of Martin Midstream Partners' key competitors?

What other stocks do shareholders of Martin Midstream Partners own?

Who are Martin Midstream Partners' key executives?

Martin Midstream Partners' management team includes the folowing people:
  • Mr. Ruben S. Martin III, Pres, CEO & Director of Martin Midstream GP LLC (Age 67)
  • Mr. Robert D. Bondurant, Exec. VP, CFO & Director of Martin Midstream GP LLC (Age 60)
  • Mr. Randall L. Tauscher, Exec. VP & COO of Martin Midstream GP LLC (Age 53)
  • Mr. Chris H. Booth, Chief Legal Officer, EVP, Gen. Counsel & Sec. of Martin Midstream GP LLC (Age 49)
  • Mr. Scot A. Shoup, Sr. VP of Operations - Martin Midstream GP LLC (Age 58)

Who are Martin Midstream Partners' major shareholders?

Martin Midstream Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Virtu Financial LLC (0.09%) and Sippican Capital Advisors (0.04%). Company insiders that own Martin Midstream Partners stock include Chris H Booth, Randall Tauscher, Robert D Bondurant, Ruben S Martin and Scot A Shoup. View Institutional Ownership Trends for Martin Midstream Partners.

Which major investors are buying Martin Midstream Partners stock?

MMLP stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC and Sippican Capital Advisors. Company insiders that have bought Martin Midstream Partners stock in the last two years include Chris H Booth, Randall Tauscher, Robert D Bondurant, Ruben S Martin and Scot A Shoup. View Insider Buying and Selling for Martin Midstream Partners.

How do I buy shares of Martin Midstream Partners?

Shares of MMLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Martin Midstream Partners' stock price today?

One share of MMLP stock can currently be purchased for approximately $7.74.

How big of a company is Martin Midstream Partners?

Martin Midstream Partners has a market capitalization of $302.24 million and generates $972.66 million in revenue each year. The pipeline company earns $44.10 million in net income (profit) each year or ($0.19) on an earnings per share basis.

What is Martin Midstream Partners' official website?

The official website for Martin Midstream Partners is http://www.martinmidstream.com.

How can I contact Martin Midstream Partners?

Martin Midstream Partners' mailing address is 4200 STONE ROAD, KILGORE TX, 75662. The pipeline company can be reached via phone at 903-983-6200 or via email at [email protected]


MarketBeat Community Rating for Martin Midstream Partners (NASDAQ MMLP)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  208 (Vote Outperform)
Underperform Votes:  286 (Vote Underperform)
Total Votes:  494
MarketBeat's community ratings are surveys of what our community members think about Martin Midstream Partners and other stocks. Vote "Outperform" if you believe MMLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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