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

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$11.09 -0.18 (-1.60 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$11.09
Today's Range$11.06 - $11.39
52-Week Range$10.25 - $16.95
Volume145,601 shs
Average Volume138,475 shs
Market Capitalization$439.94 million
P/E Ratio25.20
Dividend Yield17.75%
Beta1.03
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 22 marine shore-based terminal facilities and 16 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. This segment owns a NGL pipeline covering an area of approximately 200 miles from Kilgore, Texas to Beaumont, Texas; and 2.4 million barrels of underground storage capacity for NGLs. It also develops, constructs, 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 76 railcars to transport molten sulfur; and leases 132 railcars to transport fertilizer products. Its Marine Transportation segment operates 33 inland marine tank barges, 18 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. The company was founded in 2002 and is based in Kilgore, Texas.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio2.45
Current Ratio2.28
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio25.20
Forward P/E Ratio100.82
P/E Growth50.09

Sales & Book Value

Annual Sales$946.12 million
Price / Sales0.46
Cash Flow$2.6852 per share
Price / Cash Flow4.13
Book Value$7.76 per share
Price / Book1.43

Profitability

EPS (Most Recent Fiscal Year)$0.44
Net Income$17.13 million
Net Margins6.19%
Return on Equity5.03%
Return on Assets1.20%

Miscellaneous

Employees748
Outstanding Shares39,040,000
Market Cap$439.94 million
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 Thursday, October 18th. Shareholders of record on Wednesday, November 7th will be given a dividend of $0.50 per share on Wednesday, November 14th. This represents a $2.00 annualized dividend and a dividend yield of 18.03%. The ex-dividend date of this dividend is Tuesday, November 6th. View Martin Midstream Partners' Dividend History.

How were Martin Midstream Partners' earnings last quarter?

Martin Midstream Partners L.P. (NASDAQ:MMLP) announced its quarterly earnings results on Wednesday, October, 24th. The pipeline company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.18. The pipeline company earned $219.05 million during the quarter, compared to analysts' expectations of $226.83 million. Martin Midstream Partners had a net margin of 6.19% and a return on equity of 5.03%. 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, February 13th 2019. View Earnings Estimates for Martin Midstream Partners.

What price target have analysts set for MMLP?

5 analysts have issued 1 year target prices for Martin Midstream Partners' shares. Their predictions range from $15.00 to $18.00. On average, they anticipate Martin Midstream Partners' share price to reach $16.20 in the next year. This suggests a possible upside of 46.1% from the stock's current price. View Analyst Price Targets for Martin Midstream Partners.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Midstream Partners in the last year. There are currently 3 hold ratings and 2 buy ratings 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 articles about MMLP stock have trended somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Martin Midstream Partners earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned media headlines about the pipeline company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Who are some of Martin Midstream Partners' key competitors?

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 66)
  • Mr. Robert D. Bondurant, Exec. VP, CFO & Director of Martin Midstream GP LLC (Age 59)
  • Mr. Randall L. Tauscher, Exec. VP & COO of Martin Midstream GP LLC (Age 52)
  • Mr. Chris H. Booth, Chief Legal Officer, EVP, Gen. Counsel & Sec. of Martin Midstream GP LLC (Age 48)
  • Mr. Scot A. Shoup, Sr. VP of Operations - Martin Midstream GP LLC (Age 57)

Who are Martin Midstream Partners' major shareholders?

Martin Midstream Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Advisory Research Inc. (1.45%), Morgan Stanley (0.55%), GSA Capital Partners LLP (0.41%), PVG Asset Management Corp (0.16%), Rational Advisors LLC (0.16%) and Bramshill Investments LLC (0.12%). 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 institutional investors are selling Martin Midstream Partners stock?

MMLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley and Bramshill Investments LLC. View Insider Buying and Selling for Martin Midstream Partners.

Which institutional investors are buying Martin Midstream Partners stock?

MMLP stock was bought by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, ING Groep NV, Bank of Montreal Can, Advisory Research Inc., PVG Asset Management Corp and Rational Advisors LLC. 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 $11.09.

How big of a company is Martin Midstream Partners?

Martin Midstream Partners has a market capitalization of $439.94 million and generates $946.12 million in revenue each year. The pipeline company earns $17.13 million in net income (profit) each year or $0.44 on an earnings per share basis. Martin Midstream Partners employs 748 workers across the globe.

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:  196 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  464
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 12/15/2018 by MarketBeat.com Staff

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