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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorTransportation
SymbolNASDAQ:MMLP
CUSIPN/A
Phone903-983-6200
Debt
Debt-to-Equity Ratio3.14
Current Ratio1.88
Quick Ratio0.86
Price-To-Earnings
Trailing P/E Ratio27.16
Forward P/E Ratio33.19
P/E Growth17.5
Sales & Book Value
Annual Sales$946.12 million
Price / Sales0.49
Cash Flow$2.5866 per share
Price / Cash4.62
Book Value$7.76 per share
Price / Book1.54
Profitability
EPS (Most Recent Fiscal Year)$0.44
Net Income$17.13 million
Net Margins0.77%
Return on Equity5.89%
Return on Assets1.38%
Miscellaneous
Employees748
Outstanding Shares39,050,000
Market Cap$492.06 million
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, July 19th. Investors of record on Tuesday, August 7th will be paid a dividend of $0.50 per share on Tuesday, August 14th. This represents a $2.00 dividend on an annualized basis and a yield of 16.74%. The ex-dividend date of this dividend is Monday, August 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 data on Wednesday, July, 25th. The pipeline company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.12. The pipeline company earned $216.57 million during the quarter, compared to the consensus estimate of $222.53 million. Martin Midstream Partners had a net margin of 0.77% and a return on equity of 5.89%. View Martin Midstream Partners' Earnings History.
When is Martin Midstream Partners' next earnings date?
What price target have analysts set for MMLP?
4 equities research analysts have issued twelve-month price objectives for Martin Midstream Partners' stock. Their predictions range from $15.00 to $18.00. On average, they expect Martin Midstream Partners' share price to reach $16.50 in the next twelve months. This suggests a possible upside of 38.1% from the stock's current price. View Analyst Price Targets for Martin Midstream Partners.
What is the consensus analysts' recommendation for Martin Midstream Partners?
4 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Martin Midstream Partners.
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)
Has Martin Midstream Partners been receiving favorable news coverage?
News articles about MMLP stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Martin Midstream Partners earned a news impact score of 0.19 on Accern's scale. They also gave news coverage about the pipeline company an impact score of 48.56 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Martin Midstream Partners.
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 OppenheimerFunds Inc. (16.76%), GSA Capital Partners LLP (0.28%), PVG Asset Management Corp (0.12%), Rational Advisors LLC (0.12%), California Public Employees Retirement System (0.11%) and Bollard Group LLC (0.11%). 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?
Which institutional investors are buying Martin Midstream Partners stock?
MMLP stock was purchased by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., GSA Capital Partners LLP, PVG Asset Management Corp, Rational Advisors LLC, Endurance Wealth Management Inc., Bank of America Corp DE and California Public Employees Retirement System. 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 $11.95.
How big of a company is Martin Midstream Partners?
Martin Midstream Partners has a market capitalization of $492.06 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.
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)
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.
