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MMLP

MMLP - Martin Midstream Partners LP Stock Price, Fair Value and News

2.47USD-0.06 (-2.37%)Market Closed

Market Summary

MMLP
USD2.47-0.06
Market Closed
-2.37%

MMLP Stock Price

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MMLP RSI Chart

MMLP Valuation

Market Cap

96.3M

Price/Earnings (Trailing)

-21.18

Price/Sales (Trailing)

0.12

EV/EBITDA

-57.33

Price/Free Cashflow

0.93

MMLP Price/Sales (Trailing)

MMLP Profitability

EBT Margin

0.17%

Return on Assets

-0.89%

Free Cashflow Yield

107.08%

MMLP Fundamentals

MMLP Revenue

Revenue (TTM)

798.0M

Rev. Growth (Yr)

-25.59%

Rev. Growth (Qtr)

2.49%

MMLP Earnings

Earnings (TTM)

-4.5M

Earnings Growth (Yr)

237.87%

Earnings Growth (Qtr)

148.73%

Breaking Down MMLP Revenue

Last 7 days

-4.6%

Last 30 days

-5.4%

Last 90 days

1.7%

Trailing 12 Months

-3.1%

How does MMLP drawdown profile look like?

MMLP Financial Health

Current Ratio

1.14

Debt/Cashflow

0.33

MMLP Investor Care

Shares Dilution (1Y)

0.22%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023984.2M912.8M860.2M798.0M
2022960.7M1.0B1.1B1.0B
2021674.2M717.9M776.6M882.4M
2020806.0M759.3M733.9M672.1M
2019974.3M928.6M872.4M847.1M
2018984.5M1.0B1.0B1.0B
2017855.1M858.7M877.3M946.1M
2016957.1M896.3M844.9M827.4M
20151.5B1.3B1.2B1.0B
20141.7B1.7B1.7B1.6B
20131.6B1.6B1.6B1.6B
20121.3B1.4B1.4B1.5B
2011919.2M999.7M1.1B1.2B
20100735.0M807.5M880.1M
2009000662.4M
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Martin Midstream Partners LP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 09, 2024
martin ruben s
bought
2,173
2.6472
820
-
Apr 09, 2024
bondurant robert d
bought
4,243
2.6472
1,602
president and ceo
Apr 09, 2024
shoup scot a
bought
466
2.6472
176
senior vp operations
Apr 09, 2024
taylor sharon l
bought
1,052
2.6472
397
executive vice president / cfo
Mar 12, 2024
martin ruben s
bought
1,448
2.5589
566
-
Mar 12, 2024
bondurant robert d
bought
2,829
2.5589
1,105
president and ceo
Mar 12, 2024
taylor sharon l
bought
701
2.5589
274
executive vice president / cfo
Mar 12, 2024
shoup scot a
bought
310
2.5589
121
senior vp operations
Feb 16, 2024
tauscher randall
bought
67.9
2.28
29.7807
executive vice president/coo
Feb 16, 2024
martin ruben s
bought
68.4
2.28
30.00
-

1–10 of 50

Which funds bought or sold MMLP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 10, 2024
AMERICAN NATIONAL BANK
new
-
34,662
34,662
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
107
3,846,170
8,701,360
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
unchanged
-
-76.00
480
-%
Feb 15, 2024
BARCLAYS PLC
unchanged
-
-570,000
3,600,000
-%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-74.19
-84,203
24,139
-%
Feb 14, 2024
BNP PARIBAS FINANCIAL MARKETS
reduced
-91.34
-104,973
8,479
-%
Feb 14, 2024
Blackstone Inc.
reduced
-10.51
-857,070
2,911,080
0.01%
Feb 14, 2024
CITADEL ADVISORS LLC
reduced
-44.5
-92,674
85,265
-%
Feb 14, 2024
Royal Bank of Canada
sold off
-100
-1,000
-
-%
Feb 14, 2024
LPL Financial LLC
reduced
-4.88
-6,573
30,184
-%

1–10 of 39

Are Funds Buying or Selling MMLP?

Are funds buying MMLP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MMLP
No. of Funds

Unveiling Martin Midstream Partners LP's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 12, 2024
invesco ltd.
18.5%
7,212,745
SC 13G/A
Jul 25, 2023
martin midstream partners l.p.
24.74%
9,626,281
SC 13D/A
Mar 24, 2022
martin midstream partners l.p.
23.31%
9,051,369
SC 13D/A
Feb 11, 2022
invesco ltd.
18.6%
7,216,779
SC 13G/A
Dec 10, 2021
martin midstream partners l.p.
22.1%
8,573,224
SC 13D
Feb 12, 2021
invesco ltd.
21.1%
8,216,779
SC 13G/A
Feb 12, 2020
invesco ltd.
21.2%
8,245,272
SC 13G/A

Recent SEC filings of Martin Midstream Partners LP

View All Filings
Date Filed Form Type Document
Apr 10, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading
Feb 21, 2024
10-K
Annual Report
Feb 20, 2024
4
Insider Trading

Peers (Alternatives to Martin Midstream Partners LP)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
71.8B
43.6B
-4.95% -15.68%
11.59
1.64
-18.12% 106.16%
61.8B
49.7B
-0.42% 5.71%
11.18
1.24
-14.56% 0.77%
51.2B
78.6B
-0.85% 18.46%
13.02
0.65
-12.56% -17.26%
39.9B
15.3B
2.10% 0.90%
16.68
2.6
-20.14% -6.16%
36.2B
20.3B
-4.26% 1.06%
3.67
1.79
-39.46% 591.95%
12.3B
48.7B
3.67% 33.26%
9.98
0.25
-15.05% 18.61%
MID-CAP
6.5B
1.0B
2.17% 28.53%
17.61
6.29
13.24% 13.96%
6.1B
6.9B
3.78% 25.84%
29.54
0.88
-27.69% -42.93%
5.4B
1.4B
12.09% 161.83%
12.1
3.86
2.66% 265.30%
2.8B
1.3B
-1.48% 18.54%
11.5
2.05
5.76% 9.36%
2.6B
1.1B
0.65% 30.42%
4.61
2.39
23.95% 43.45%
SMALL-CAP
1.5B
16.5B
-0.48% 50.35%
10.14
0.09
-12.64% -57.90%
1.4B
3.2B
11.92% 6.82%
12.22
0.45
13.91% 56.01%
286.4M
82.4M
-4.55% -4.48%
7.48
3.48
5.74% -6.51%
96.3M
798.0M
-5.36% -3.14%
-21.18
0.12
-21.68% 55.98%

Martin Midstream Partners LP News

Latest updates
The Globe and Mail • 20 hours ago
The Globe and Mail • 12 Apr 2024 • 07:00 am

Martin Midstream Partners LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.5%181,101,000176,697,000195,636,000244,529,000243,376,000229,305,000266,996,000279,201,000285,906,000211,258,000184,293,000200,974,000180,088,000152,533,000140,638,000198,883,000241,862,000177,900,000187,323,000240,033,000267,175,000
Costs and Expenses0.9%164,192,000162,804,000178,980,000226,636,000231,427,000242,339,000245,752,000253,766,000260,184,000203,352,000176,749,000184,528,000178,484,000146,065,000132,693,000185,793,000224,473,000168,741,000180,680,000229,707,000248,893,500
Operating Expenses0.0%64,354,00064,375,00060,737,00062,745,00065,151,00066,158,00064,082,00056,495,00051,907,00050,098,00047,313,00044,634,00045,158,00043,105,00044,202,00051,282,00052,814,00051,071,00053,579,00051,849,00053,187,000
  S&GA Expenses3.4%10,783,00010,424,0008,447,00011,172,00010,392,00010,273,0009,944,00011,203,00011,704,0009,739,0008,960,00010,609,00010,241,00010,339,0009,858,00010,462,00010,533,00010,474,00010,226,00010,200,00010,110,000
EBITDA Margin-10.3%-0.01-0.01-0.04-0.020.000.010.030.020.01-0.01-0.01----------
Interest Expenses4.1%-14,376,000-14,994,000-15,263,000-15,657,000-14,484,000-13,906,000-12,846,000-12,429,000-13,735,000-14,110,000-13,309,000-12,953,000-13,965,000-12,943,000-9,377,000-9,925,000-11,060,000-11,973,000-14,986,000-13,671,000-12,566,000
Income Taxes191.8%2,299,000788,000996,0001,835,0002,458,0001,891,0002,037,0001,541,0001,269,000954,000935,000222,000226,000373,000790,000347,000328,000237,000639,000696,000198,000
Earnings Before Taxes1131.5%2,816,000-273,0002,077,000-3,251,0002,083,000-26,152,0008,643,00013,019,00012,070,000-5,957,000-5,677,0002,733,000-2,338,000-10,446,000-1,413,0009,162,0006,970,00013,487,000-9,975,000-4,062,000-1,026,500
EBT Margin132.2%0.000.00-0.03-0.020.000.010.030.010.00-0.01-0.02----------
Net Income148.7%517,000-1,061,0001,081,000-5,086,000-375,000-28,043,0006,606,00011,478,00010,801,000-6,911,000-6,612,0002,511,000-2,564,000-10,819,000-2,203,0008,815,0006,642,00013,250,000-191,182,000-3,656,0002,582,000
Net Income Margin9.9%-0.01-0.01-0.04-0.03-0.010.000.020.010.00-0.02-0.02----------
Free Cashflow2386.0%22,380,000-979,00040,013,00041,737,00026,686,000-51,592,000-4,342,00018,159,00043,525,000-21,740,000-3,455,000----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.3%5095085035435996286365745806145775705806266176126676917011,0951,074
  Current Assets2.1%114112117162211232237170174201155136136164143127181198199188208
    Cash Equivalents0%0.000.000.000.000.000.000.000.000.007.001.001.005.002.000.000.003.002.003.000.000.00
  Inventory5.1%44.0042.0051.0077.0011013611854.0062.0098.0071.0039.0054.0078.0066.0047.0063.0096.0081.0071.0084.00
  Net PPE----------------414417422429813448
  Goodwill0%17.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.0018.0018.0018.0018.0018.0018.0018.000.00
Liabilities0.2%574573567608658687667612628678628615627671651642703725738931785
  Current Liabilities24.2%10181.0089.0096.0011131114810110410888.0078.0011910544744910789.00110525112
  Long Term Debt-4.2%421440436475513343489483499547517513485541177166570606596378656
    LT Debt, Non Current-4.2%421440436475513343489483499547517513485541177166570606596-656
Accumulated Depreciation----------------479468460451498439
Float---87.00---87.00---96.00---38.00---234--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations330.7%31,4037,29149,51049,26432,904-45,20776.0028,37548,135-18,4912,2313,85445,635-25,476-26344,88950,196-6,894-8,09040,60360,454
  Share Based Compensation-2.7%36.0037.0038.0052.0036.0046.0045.0034.0048.0048.0048.00240352361363346360349363352352
Cashflow From Investing-23.3%-11,182-9,068-9,192-4,218-1,572-7,527-4,191-11,354-5,612-3,868-5,576-4,18515,351400-6,852-6,295-9968,574201,196-33,9461,050
Cashflow From Financing-1239.9%-20,2211,774-40,318-45,034-31,33252,7363,846-16,761-49,25428,4612,914-3,515-57,89026,8867,099-41,382-48,146-2,399-190,812-6,730-64,453
  Buy Backs------------17.00---9.00---392-

MMLP Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Revenues$ 797,963$ 1,018,878$ 882,431
Cost of products sold: (excluding depreciation and amortization)   
Cost of products sold389,680623,306533,098
Expenses:   
Operating expenses[1]252,211251,886193,952
Selling, general and administrative[1]40,82641,81241,012
Depreciation and amortization49,89556,28056,751
Total costs and expenses732,612973,284824,813
Other operating income (loss), net1,3735,669(534)
Gain on involuntary conversion of property, plant and equipment00196
Operating income66,72451,26357,280
Other income (expense):   
Interest expense, net(60,290)(53,665)(54,107)
Loss on extinguishment of debt(5,121)00
Other, net56(5)(4)
Total other income (expense)(65,355)(53,670)(54,111)
Net income (loss) before taxes1,369(2,407)3,169
Income tax expense(5,918)(7,927)(3,380)
Net loss(4,549)(10,334)(211)
Less general partner's interest in net loss912074
Less loss allocable to unvested restricted units14400
Limited partners' interest in net loss$ (4,444)$ (10,087)$ (207)
Net loss per unit attributable to limited partners - basic (in dollars per share)$ (0.11)$ (0.26)$ (0.01)
Net loss per unit attributable to limited partners - diluted (in dollars per share)$ (0.11)$ (0.26)$ (0.01)
Weighted average limited partner units - basic (in shares)38,771,65738,726,04838,689,041
Weighted average limited partner units - diluted (in shares)38,771,65738,726,04838,689,041
Terminalling and storage   
Revenues:   
Revenues[1]$ 86,514$ 80,193$ 75,223
Transportation   
Revenues:   
Revenues[1]223,677219,008144,314
Sulfur services   
Revenues:   
Revenues13,43012,33711,799
Product sales   
Revenues:   
Revenues[1]474,342707,340651,095
Specialty products   
Revenues:   
Revenues[1]346,777540,513517,852
Cost of products sold: (excluding depreciation and amortization)   
Cost of products sold[1]305,903503,225443,896
Sulfur services   
Revenues:   
Revenues[1]127,565166,827133,243
Cost of products sold: (excluding depreciation and amortization)   
Cost of products sold[1]83,702120,06289,134
Terminalling and storage   
Cost of products sold: (excluding depreciation and amortization)   
Cost of products sold[1]$ 75$ 19$ 68
[1]Related Party Transactions Included Above
Year Ended December 31,
 202320222021
Revenues:   
Terminalling and storage$72,138 $66,867 $62,677 
Transportation29,276 28,393 20,046 
Product sales8,767 554 479 
Costs and expenses:   
Cost of products sold: (excluding depreciation and amortization)   
Specialty products35,930 39,356 27,856 
Sulfur services11,182 10,717 9,980 
          Terminalling and storage75 19 10 
Expenses:   
Operating expenses100,851 93,630 78,607 
Selling, general and administrative32,021 31,758 32,924 

MMLP Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash$ 54$ 45
Trade and accrued accounts receivable, less allowance for doubtful accounts of $530 and $496, respectively53,29379,641
Inventories43,822109,798
Due from affiliates7,9248,010
Other current assets9,22013,633
Total current assets114,313211,127
Property, plant and equipment, at cost918,786903,535
Accumulated depreciation(612,993)(584,245)
Property, plant and equipment, net305,793319,290
Goodwill16,67116,671
Right-of-use assets60,35934,963
Deferred income taxes, net10,20014,386
Intangibles and other assets, net2,0392,414
Total assets509,375598,851
Liabilities and Partners’ Capital (Deficit)  
Current portion of long term debt and finance lease obligations09
Trade and other accounts payable51,65368,198
Product exchange payables42632
Due to affiliates6,3348,947
Income taxes payable652665
Other accrued liabilities41,49933,074
Total current liabilities100,564110,925
Long-term debt, net421,173512,871
Operating lease liabilities45,68426,268
Other long-term obligations6,5788,232
Total liabilities573,999658,296
Commitments and contingencies
Partners’ capital (deficit)(64,624)(59,445)
Total partners’ capital (deficit)(64,624)(59,445)
Total liabilities and partners' capital$ 509,375$ 598,851
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]Affiliated Entity [Member]Affiliated Entity [Member]
Other Liability, Current, Related Party, Type [Extensible Enumeration]Affiliated Entity [Member]Affiliated Entity [Member]
MMLP
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Natural Gas Liquids. The company's Terminalling and Storage segment owns or operates 14 marine shore-based terminal facilities and 13 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 Transportation segment operates a fleet of 700 trucks and 1,200 tank trailers; and 27 inland marine tank barges, 15 inland push boats, and 1 articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. Its Natural Gas Liquids segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial natural gas liquid users, and propane retailers. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.
0
 CEO
 WEBSITEhttps://mmlp.com
 INDUSTRYOil - Midstream

Martin Midstream Partners LP Frequently Asked Questions


What is the ticker symbol for Martin Midstream Partners LP? What does MMLP stand for in stocks?

MMLP is the stock ticker symbol of Martin Midstream Partners LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Martin Midstream Partners LP (MMLP)?

As of Mon Apr 15 2024, market cap of Martin Midstream Partners LP is 96.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MMLP stock?

You can check MMLP's fair value in chart for subscribers.

What is the fair value of MMLP stock?

You can check MMLP's fair value in chart for subscribers. The fair value of Martin Midstream Partners LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Martin Midstream Partners LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MMLP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Martin Midstream Partners LP a good stock to buy?

The fair value guage provides a quick view whether MMLP is over valued or under valued. Whether Martin Midstream Partners LP is cheap or expensive depends on the assumptions which impact Martin Midstream Partners LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MMLP.

What is Martin Midstream Partners LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, MMLP's PE ratio (Price to Earnings) is -21.18 and Price to Sales (PS) ratio is 0.12. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MMLP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Martin Midstream Partners LP's stock?

In the past 10 years, Martin Midstream Partners LP has provided -0.247 (multiply by 100 for percentage) rate of return.