Symbols / MMLP Stock $2.50 -1.57% Martin Midstream Partners L.P.

Energy • Oil & Gas Midstream • United States • NMS
MMLP (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: SMA 50: SMA 200:
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Energy
Industry Oil & Gas Midstream
CEO Mr. Robert D. Bondurant CPA
Exch · Country NMS · United States
Market Cap 97.81M
Enterprise Value 601.81M
Income -20.02M
Sales 711.24M
FCF (ttm) 44.32M
Book/sh -2.40
Cash/sh 0.00
Employees
Insider 10d
IPO Nov 01, 2002
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 18.18%
P/E
Forward P/E 16.67
PEG 7.36
P/S 0.14
P/B -1.04
P/C
EV/EBITDA 6.68
EV/Sales 0.85
Quick Ratio 0.71
Current Ratio 1.26
Debt/Eq
LT Debt/Eq
EPS (ttm) -0.51
EPS next Y 0.15
EPS Growth
Revenue Growth -2.50%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-07-22
Earnings (prior) 2024-10-16
ROA 4.65%
ROE
ROIC
Gross Margin 18.55%
Oper. Margin 4.09%
Profit Margin -2.81%
Shs Outstand 39.12M
Shs Float 26.45M
Insider Own 34.81%
Instit Own 42.28%
Short Float 0.52%
Short Ratio 3.40
Short Interest 59.67K
52W High 3.54
vs 52W High -29.38%
52W Low 2.21
vs 52W Low 13.12%
Beta 0.57
Impl. Vol. 0.20%
Rel Volume 1.30
Avg Volume 16.10K
Volume 20.92K
Target (mean) $3.00
Tgt Median $3.00
Tgt Low $3.00
Tgt High $3.00
# Analysts 1
Recom None
Prev Close $2.54
Price $2.50
Change -1.57%
About

Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, and storage services for petroleum products and by-products in the United States. It operates through four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The company owns or operates various marine shore-based terminal facilities and specialty terminal facilities, as well as naphthenic lubricants refinery; and offers storage, refining, and handling services for producers and suppliers of petroleum products, handling services for molten sulfur and asphalt, land rental services to oil and gas companies, and storage and handling services for lubricants and fuels. It also engages in the operation of land and marine transportation assets that transport petroleum products and by-products, petrochemicals, and chemicals; and provides refinery and petrochemical services, including transportation of heavy tank bottoms by-products and other petroleum products, hauling natural gas liquids, molten sulfur, sulfuric acid, paper mill liquids, chemicals, and other bulk liquid commodities. In addition, the company processes and distributes molten sulfur into prilled or pelletized sulfur; owns and operates sulfur-based fertilizer production plants and an emulsified sulfur blending plant; and manufactures and markets sulfur-based fertilizer and related sulfur products, such as ammonium sulfate, liquid sulfur, plant nutrient sulfur, Industrial sulfur, and sulfuric acid. Further, it is involved in owning and operating facilities for the blending, processing, packaging, marketing and distribution of private label agricultural, automotive, and industrial lubricants, as well as commercial and industrial greases; selling and distributing natural gas liquids; and storing and transporting of natural gas liquids for wholesale deliveries. The company was founded in 1951 and is headquartered in Kilgore, Texas.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.50
Low
$3.00
High
$3.00
Mean
$3.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2020-07-29 main Stifel — → Hold $2
2020-07-22 main Wells Fargo — → Underweight $3
2020-04-24 main Stifel — → Hold $2
2020-01-07 down Wells Fargo Equal-Weight → Underweight
2018-10-26 main Raymond James Outperform → Outperform $15
2018-04-27 main Stifel Hold → Hold $16
2018-03-08 main Baird — → Neutral $15
2018-02-27 main Stifel Hold → Hold $15
2017-10-27 main Stifel — → Hold $17
2017-04-28 down Stifel Buy → Hold
2016-12-06 up Stifel Hold → Buy
2016-09-16 init Janney Montgomery Scott — → Neutral $22
2016-09-09 init FBR Capital — → Outperform $27
2016-07-29 main UBS — → Buy $23
2016-03-03 up Stephens & Co. Equal-Weight → Overweight
2016-02-17 down B of A Securities Buy → Underperform
2015-10-27 main FBR Capital — → Outperform $34
2014-08-01 main Raymond James — → Outperform $43
2014-03-17 up UBS Neutral → Buy
2014-01-03 up B of A Securities Neutral → Buy
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-17 KELLEY BYRON R Director 23,200 $2.80 $64,999
2026-02-17 MASSEY C SCOTT Director 23,200 $2.80 $64,999
2026-02-17 COLLINGSWORTH JAMES M Director 23,200 $2.80 $64,999
2025-12-12 MARTIN PRODUCT SALES L.L.C Beneficial Owner of more than 10% of a Class of Security 12,585 $2.55 $32,426
2025-12-08 MARTIN PRODUCT SALES L.L.C Beneficial Owner of more than 10% of a Class of Security 14,418 $2.59 $37,354
2025-12-01 MARTIN PRODUCT SALES L.L.C Beneficial Owner of more than 10% of a Class of Security 2,239 $2.59 $5,801
2025-11-25 MARTIN PRODUCT SALES L.L.C Beneficial Owner of more than 10% of a Class of Security 15,040 $2.59 $38,990
2025-11-17 MARTIN PRODUCT SALES L.L.C Beneficial Owner of more than 10% of a Class of Security 1,945 $2.60 $5,055
2025-11-10 MARTIN PRODUCT SALES L.L.C Beneficial Owner of more than 10% of a Class of Security 28,114 $2.58 $72,656
2025-10-21 MARTIN PRODUCT SALES L.L.C Beneficial Owner of more than 10% of a Class of Security 138,100 $2.55 $362,725
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
716.11
+1.20%
707.62
-11.32%
797.96
-21.68%
1,018.88
Operating Revenue
716.11
+1.20%
707.62
-11.32%
797.96
-21.68%
1,018.88
Cost Of Revenue
368.82
+6.04%
347.82
-20.87%
439.57
-35.32%
679.59
Reconciled Cost Of Revenue
368.82
+6.04%
347.82
-20.87%
439.57
-35.32%
679.59
Gross Profit
347.29
-3.48%
359.80
+0.39%
358.39
+5.63%
339.29
Operating Expense
298.40
-1.36%
302.50
+3.72%
291.66
+1.26%
288.03
Selling General And Administration
42.00
-13.40%
48.50
+18.80%
40.83
-2.36%
41.81
Other Operating Expenses
256.39
+0.94%
254.00
+1.26%
250.84
+1.88%
246.22
Total Expenses
667.22
+2.60%
650.33
-11.07%
731.24
-24.43%
967.62
Operating Income
48.90
-14.66%
57.30
-14.13%
66.72
+30.16%
51.26
Total Operating Income As Reported
48.90
-14.66%
57.30
-14.13%
66.72
+30.16%
51.26
EBITDA
94.74
-9.26%
104.40
-6.41%
111.55
+3.73%
107.54
Normalized EBITDA
94.74
-9.26%
104.40
-10.52%
116.67
+8.50%
107.54
Reconciled Depreciation
50.20
-1.16%
50.79
+1.79%
49.90
-11.35%
56.28
EBIT
44.54
-16.93%
53.62
-13.05%
61.66
+20.29%
51.26
Total Unusual Items
0.00
0.00
+100.00%
-5.12
0.00
Total Unusual Items Excluding Goodwill
0.00
0.00
+100.00%
-5.12
0.00
Special Income Charges
0.00
0.00
+100.00%
-5.12
0.00
Other Special Charges
5.12
Net Income
-14.74
-183.18%
-5.21
-14.46%
-4.55
+55.98%
-10.33
Pretax Income
-9.97
-887.43%
-1.01
-173.78%
1.37
+156.88%
-2.41
Net Non Operating Interest Income Expense
-57.79
-0.14%
-57.71
+4.28%
-60.29
-12.35%
-53.66
Interest Expense Non Operating
54.51
-0.21%
54.62
-9.40%
60.29
+12.35%
53.66
Net Interest Income
-57.79
-0.14%
-57.71
+4.28%
-60.29
-12.35%
-53.66
Interest Expense
54.51
-0.21%
54.62
-9.40%
60.29
+12.35%
53.66
Interest Income Non Operating
0.00
Interest Income
0.00
Other Income Expense
-1.08
-80.80%
-0.60
+88.17%
-5.07
-101200.00%
-0.01
Other Non Operating Income Expenses
0.03
+32.00%
0.03
-55.36%
0.06
+1220.00%
-0.01
Tax Provision
4.77
+13.70%
4.20
-29.08%
5.92
-25.34%
7.93
Tax Rate For Calcs
0.00
+0.00%
0.00
-29.22%
0.00
+41.29%
0.00
Tax Effect Of Unusual Items
0.00
0.00
+100.00%
-1.52
0.00
Net Income Including Noncontrolling Interests
-14.74
-183.18%
-5.21
-14.46%
-4.55
+55.98%
-10.33
Net Income From Continuing Operation Net Minority Interest
-14.74
-183.18%
-5.21
-14.46%
-4.55
+55.98%
-10.33
Net Income From Continuing And Discontinued Operation
-14.74
-183.18%
-5.21
-14.46%
-4.55
+55.98%
-10.33
Net Income Continuous Operations
-14.74
-183.18%
-5.21
-14.46%
-4.55
+55.98%
-10.33
Net Income Discontinuous Operations
Normalized Income
-14.74
-183.18%
-5.21
-449.61%
-0.95
+90.83%
-10.33
Net Income Common Stockholders
-14.39
-183.36%
-5.08
-14.27%
-4.44
+55.94%
-10.09
Otherunder Preferred Stock Dividend
-0.06
-144.00%
-0.03
-78.57%
-0.01
+65.00%
-0.04
Diluted EPS
-0.37
-184.62%
-0.13
-18.18%
-0.11
+57.69%
-0.26
Basic EPS
-0.37
-184.62%
-0.13
-18.18%
-0.11
+57.69%
-0.26
Basic Average Shares
38.89
+0.15%
38.83
+0.15%
38.77
+0.12%
38.73
Diluted Average Shares
38.89
+0.15%
38.83
+0.15%
38.77
+0.12%
38.73
Diluted NI Availto Com Stockholders
-14.39
-183.36%
-5.08
-14.27%
-4.44
+55.94%
-10.09
Earnings From Equity Interest
-1.12
-78.85%
-0.62
0.00
0.00
Preferred Stock Dividends
-0.29
-183.65%
-0.10
-14.29%
-0.09
+56.04%
-0.21
Total Other Finance Cost
3.28
+6.32%
3.08
-22.45%
3.98
-22.00%
5.10
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
522.42
-2.99%
538.51
+5.72%
509.38
-14.94%
598.85
Current Assets
129.91
-0.44%
130.48
+14.14%
114.31
-45.86%
211.13
Cash Cash Equivalents And Short Term Investments
0.05
-10.91%
0.06
+1.85%
0.05
+20.00%
0.04
Cash And Cash Equivalents
0.05
-10.91%
0.06
+1.85%
0.05
+20.00%
0.04
Cash Financial
0.05
-10.91%
0.06
+1.85%
0.05
+20.00%
0.04
Receivables
67.31
+0.07%
67.26
+9.88%
61.22
-30.16%
87.65
Accounts Receivable
58.37
+8.96%
53.57
+0.52%
53.29
-33.08%
79.64
Gross Accounts Receivable
58.68
+7.65%
54.51
+1.27%
53.82
-32.84%
80.14
Allowance For Doubtful Accounts Receivable
-0.31
+67.02%
-0.94
-77.36%
-0.53
-6.85%
-0.50
Inventory
50.25
-2.82%
51.71
+17.99%
43.82
-60.09%
109.80
Other Current Assets
12.30
+7.37%
11.45
+24.23%
9.22
-32.37%
13.63
Total Non Current Assets
392.51
-3.80%
408.03
+3.28%
395.06
+1.89%
387.72
Net PPE
359.16
-3.60%
372.59
+1.76%
366.15
+3.36%
354.25
Gross PPE
1,040.69
+1.91%
1,021.20
+4.29%
979.14
+4.33%
938.50
Accumulated Depreciation
-681.53
-5.08%
-648.61
-5.81%
-612.99
-4.92%
-584.25
Land And Improvements
160.85
+3.49%
155.42
+2.08%
152.26
-0.60%
153.17
Machinery Furniture Equipment
428.72
+5.98%
404.54
+5.43%
383.70
+1.59%
377.68
Construction In Progress
8.54
-66.16%
25.22
+31.53%
19.18
+14.45%
16.75
Other Properties
201.65
+1.94%
197.80
+4.21%
189.81
+19.10%
159.38
Goodwill And Other Intangible Assets
16.67
-0.15%
16.70
-0.17%
16.73
-0.59%
16.82
Goodwill
16.67
+0.00%
16.67
+0.00%
16.67
+0.00%
16.67
Other Intangible Assets
0.00
-96.15%
0.03
-52.73%
0.06
-64.29%
0.15
Investments And Advances
6.20
-15.26%
7.31
0.00
Long Term Equity Investment
6.20
-15.26%
7.31
0.00
Non Current Deferred Assets
9.03
-9.25%
9.95
-2.49%
10.20
-29.10%
14.39
Non Current Deferred Taxes Assets
9.03
-9.25%
9.95
-2.49%
10.20
-29.10%
14.39
Other Non Current Assets
1.45
-2.23%
1.48
-25.25%
1.98
-12.21%
2.26
Total Liabilities Net Minority Interest
608.21
-0.12%
608.95
+6.09%
574.00
-12.81%
658.30
Current Liabilities
124.14
+7.48%
115.50
+14.85%
100.56
-9.34%
110.92
Payables And Accrued Expenses
101.80
+6.29%
95.78
+11.84%
85.64
-15.66%
101.53
Payables
76.82
+5.74%
72.65
+14.57%
63.41
-23.05%
82.40
Accounts Payable
57.81
-6.14%
61.60
+19.26%
51.65
-24.26%
68.20
Other Payable
0.17
-78.82%
0.80
+87.32%
0.43
+1231.25%
0.03
Current Accrued Expenses
24.98
+8.02%
23.13
+4.07%
22.23
+16.18%
19.13
Total Tax Payable
5.55
+4.17%
5.33
+6.52%
5.00
-4.34%
5.23
Income Tax Payable
1.58
+23.15%
1.28
+96.78%
0.65
-1.95%
0.67
Current Debt And Capital Lease Obligation
22.06
+11.85%
19.72
+32.35%
14.90
+63.87%
9.09
Current Debt
0.01
Other Current Borrowings
0.01
Current Capital Lease Obligation
22.04
+11.77%
19.72
+32.35%
14.90
+63.87%
9.09
Total Non Current Liabilities Net Minority Interest
484.07
-1.90%
493.45
+4.23%
473.44
-13.51%
547.37
Long Term Debt And Capital Lease Obligation
476.40
-1.88%
485.50
+3.99%
466.86
-13.41%
539.14
Long Term Debt
428.01
-2.20%
437.63
+3.91%
421.17
-17.88%
512.87
Long Term Capital Lease Obligation
48.39
+1.09%
47.87
+4.79%
45.68
+73.92%
26.27
Long Term Provisions
5.03
-5.25%
5.31
+3.03%
5.16
-37.35%
8.23
Other Non Current Liabilities
2.64
+0.27%
2.63
+85.01%
1.42
-82.74%
8.23
Stockholders Equity
0.00
0.00
0.00
0.00
Common Stock Equity
-85.80
-21.80%
-70.44
-9.00%
-64.62
-8.71%
-59.45
Share Issued
39.06
+0.14%
39.00
+0.22%
38.91
+0.16%
38.85
Ordinary Shares Number
39.06
+0.14%
39.00
+0.22%
38.91
+0.16%
38.85
Gains Losses Not Affecting Retained Earnings
0.00
0.00
Total Equity Gross Minority Interest
-85.80
-21.80%
-70.44
-9.00%
-64.62
-8.71%
-59.45
Total Capitalization
342.21
-6.80%
367.20
+2.99%
356.55
-21.37%
453.43
Working Capital
5.76
-61.51%
14.98
+8.94%
13.75
-86.28%
100.20
Invested Capital
342.23
-6.80%
367.20
+2.99%
356.55
-21.37%
453.43
Total Debt
498.46
-1.34%
505.23
+4.87%
481.76
-12.13%
548.23
Net Debt
427.97
-2.20%
437.58
+3.91%
421.12
-17.88%
512.83
Capital Lease Obligations
70.44
+4.21%
67.59
+11.56%
60.59
+71.33%
35.36
Net Tangible Assets
-16.67
+0.15%
-16.70
+0.17%
-16.73
+0.59%
-16.82
Tangible Book Value
-102.47
-17.59%
-87.14
-7.11%
-81.35
-6.66%
-76.27
Current Provisions
0.28
0.03
-91.61%
0.30
Duefrom Related Parties Current
8.94
-34.70%
13.69
+72.82%
7.92
-1.07%
8.01
Dueto Related Parties Current
13.29
+169.66%
4.93
-22.21%
6.33
-29.21%
8.95
General Partnership Capital
1.13
-21.63%
1.44
-7.70%
1.56
-6.43%
1.67
Interest Payable
17.84
-0.34%
17.90
-0.32%
17.96
+18.67%
15.13
Investments In Other Ventures Under Equity Method
6.20
-15.26%
7.31
0.00
Limited Partnership Capital
-86.92
-20.93%
-71.88
-8.61%
-66.18
-8.30%
-61.11
Total Partnership Capital
-85.80
-21.80%
-70.44
-9.00%
-64.62
-8.71%
-59.45
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
46.13
-4.60%
48.35
-64.83%
137.47
+751.30%
16.15
Cash Flow From Continuing Operating Activities
46.13
-4.60%
48.35
-64.83%
137.47
+751.30%
16.15
Cash From Discontinued Operating Activities
Net Income From Continuing Operations
-14.74
-183.18%
-5.21
-14.46%
-4.55
+55.98%
-10.33
Depreciation Amortization Depletion
50.20
-1.16%
50.79
+1.79%
49.90
-11.35%
56.28
Depreciation And Amortization
50.20
-1.16%
50.79
+1.79%
49.90
-11.35%
56.28
Other Non Cash Items
5.68
+3.56%
5.49
-11.22%
6.18
+90.86%
3.24
Stock Based Compensation
0.19
-0.53%
0.19
+14.72%
0.16
+1.24%
0.16
Deferred Tax
0.92
+262.20%
0.25
-93.93%
4.19
-27.12%
5.74
Deferred Income Tax
0.92
+262.20%
0.25
-93.93%
4.19
-27.12%
5.74
Operating Gains Losses
-0.92
+3.85%
-0.96
-125.61%
3.75
+157.05%
-6.57
Gain Loss On Investment Securities
-0.90
Gain Loss On Sale Of PPE
-2.04
-28.72%
-1.58
-15.37%
-1.37
+75.78%
-5.67
Change In Working Capital
4.81
+319.18%
-2.19
-102.82%
77.85
+340.49%
-32.37
Change In Receivables
-0.05
+99.17%
-6.05
-122.87%
26.43
+140.79%
10.98
Changes In Account Receivables
-4.80
-1639.86%
-0.28
-101.05%
26.35
+475.41%
4.58
Change In Inventory
1.46
+118.06%
-8.08
-112.25%
65.98
+238.38%
-47.68
Change In Accrued Expense
1.66
+177.17%
0.60
-79.17%
2.88
+238.00%
-2.09
Change In Payable
4.76
-51.58%
9.82
+149.69%
-19.77
-403.47%
6.51
Change In Account Payable
-3.27
-131.97%
10.23
+158.32%
-17.54
-3708.85%
0.49
Change In Other Working Capital
-0.14
-109.73%
1.42
+158.81%
-2.41
-274.58%
1.38
Change In Other Current Assets
-2.88
-3372.73%
0.09
-98.14%
4.74
+420.42%
-1.48
Investing Cash Flow
-30.01
+48.78%
-58.60
-74.10%
-33.66
-36.58%
-24.64
Cash Flow From Continuing Investing Activities
-30.01
+48.78%
-58.60
-74.10%
-33.66
-36.58%
-24.64
Net PPE Purchase And Sale
-22.64
+44.45%
-40.77
-41.38%
-28.84
-48.11%
-19.47
Purchase Of PPE
-24.77
+41.04%
-42.01
-22.41%
-34.32
-25.99%
-27.24
Sale Of PPE
2.12
+70.93%
1.24
-77.34%
5.48
-29.44%
7.77
Capital Expenditure
-24.77
+41.04%
-42.01
-22.41%
-34.32
-25.99%
-27.24
Net Business Purchase And Sale
0.00
+100.00%
-6.94
0.00
0.00
Purchase Of Business
0.00
+100.00%
-6.94
0.00
0.00
Net Other Investing Changes
-7.37
+32.39%
-10.90
-125.84%
-4.83
+6.78%
-5.18
Financing Cash Flow
-16.12
-257.24%
10.25
+109.88%
-103.80
-1322.75%
8.49
Cash Flow From Continuing Financing Activities
-16.12
-257.24%
10.25
+109.88%
-103.80
-1322.75%
8.49
Net Issuance Payments Of Debt
-14.51
-231.12%
11.07
+112.48%
-88.72
-934.51%
10.63
Issuance Of Debt
221.00
-13.53%
255.58
-52.97%
543.49
+34.31%
404.65
Repayment Of Debt
-235.51
+3.68%
-244.51
+61.32%
-632.21
-60.45%
-394.02
Long Term Debt Issuance
221.00
-13.53%
255.58
-52.97%
543.49
+34.31%
404.65
Long Term Debt Payments
-235.51
+3.68%
-244.51
+61.32%
-632.21
-60.45%
-394.02
Net Long Term Debt Issuance
-14.51
-231.12%
11.07
+112.48%
-88.72
-934.51%
10.63
Net Common Stock Issuance
0.00
0.00
Common Stock Payments
0.00
0.00
Common Stock Dividend Paid
-0.80
-0.25%
-0.80
-0.25%
-0.79
+0.00%
-0.79
Cash Dividends Paid
-0.80
-0.25%
-0.80
-0.25%
-0.79
+0.00%
-0.79
Repurchase Of Capital Stock
0.00
0.00
Net Other Financing Charges
-0.81
-3413.04%
-0.02
+99.84%
-14.29
-959.23%
-1.35
Changes In Cash
-0.01
-700.00%
0.00
-88.89%
0.01
+228.57%
-0.01
Beginning Cash Position
0.06
+1.85%
0.05
+20.00%
0.04
-13.46%
0.05
End Cash Position
0.05
-10.91%
0.06
+1.85%
0.05
+20.00%
0.04
Free Cash Flow
21.36
+236.72%
6.34
-93.85%
103.15
+1030.21%
-11.09
Change In Income Tax Payable
0.30
-52.93%
0.63
+4953.85%
-0.01
-104.64%
0.28
Change In Tax Payable
0.30
-52.93%
0.63
+4953.85%
-0.01
-104.64%
0.28
Earnings Losses From Equity Investments
1.12
+78.85%
0.62
0.00
0.00
Issuance Of Capital Stock
0.00
0.00
Net Preferred Stock Issuance
0.00
0.00
Preferred Stock Issuance
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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