MMLP earnings
Martin Midstream Partners L.P. Limited Partnership (MMLP) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Martin Midstream Partners Reports First Quarter 2026 Financial Results and Declares Quarterly Cash DistributionNet loss of $6.8 million for the first quarter of 2026, compared to a net loss of $1.0 million for the same period in 2025 Adjusted EBITDA of $20.8 million for the first quarter of 2026, compared to Adjusted EBITDA of $27.8 million for the same period in 2025 Revises full year Adjusted EBITDA guidance downward to $90.0 million Declares quarterly cash dividend of $0.005 per common unit Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the first quarter of 2026. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, "For the first quarter
- Martin Midstream Partners Reports Fourth Quarter and Full Year 2025 Financial Results and Releases 2026 GuidanceReported net loss of $2.9 million and $14.8 million for the fourth quarter and full year ended December 31, 2025, respectively Reported Adjusted EBITDA of $24.8 million and $99.0 million for the fourth quarter and full year ended December 31, 2025, respectively Provides 2026 Adjusted EBITDA guidance of $96.5 million, growth capital expenditures of $4.1 million, and maintenance capital expenditures of $32.4 million Declared quarterly cash dividend of $0.005 per common unit Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the fourth quarter and full year ended December 31, 2025. Bob Bondurant, President and Chi
- Martin Midstream Partners Reports Third Quarter 2025 Financial Results, Declares Quarterly Cash Distribution and Withdraws GuidanceNet loss of $8.4 million and $11.9 million for the three and nine months ended September 30, 2025, respectively Adjusted EBITDA of $19.3 million and $74.3 million for the three and nine months ended September 30, 2025, respectively Declares quarterly cash dividend of $0.005 per common unit Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the third quarter of 2025. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, "The Partnership reported adjusted EBITDA of $19.3 million for the quarter, and while third quarter results are typically o
- Martin Midstream Partners Reports Second Quarter 2025 Financial Results and Declares Quarterly Cash DistributionNet loss of $2.4 million and $3.4 million for the three and six months ended June 30, 2025, respectively Adjusted EBITDA of $27.1 million and $55.0 million for the three and six months ended June 30, 2025, respectively Maintains full year adjusted EBITDA guidance of $109.1 million Declares quarterly cash dividend of $0.005 per common unit Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the second quarter of 2025. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, "The Partnership reported adjusted EBITDA of $27.1 million for the qu
- Martin Midstream Partners Reports First Quarter 2025 Financial Results and Declares Quarterly Cash DistributionNet loss of $1.0 million for the first quarter of 2025, which includes $0.8 million of costs associated with the termination of the merger agreement with Martin Resource Management Corporation, compared to net income of $3.3 million for the same period in 2024 Adjusted EBITDA of $27.8 million for the first quarter of 2025, compared to adjusted EBITDA of $30.4 million for the same period in 2024 Maintains full year adjusted EBITDA guidance of $109.1 million Declares quarterly cash dividend of $0.005 per common unit Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the first quarter of 2025. Bob Bondurant, President
- Martin Midstream Partners Reports Fourth Quarter and Full Year 2024 Financial Results and Releases 2025 GuidanceReported net loss of $8.9 million and $5.2 million for the fourth quarter and full year ended December 31, 2024, respectively, which includes $3.7 million in costs associated with the termination of the Merger Agreement Adjusted EBITDA of $23.3 million and $110.6 million for the fourth quarter and full year ended December 31, 2024, respectively On December 26, 2024, announced termination of the Merger Agreement with Martin Resource Management Corporation Releases 2025 Adjusted EBITDA Guidance of $109.1 million, growth capital expenditures of $9.0 million, and maintenance capital expenditures of $25.9 million Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnersh
- Martin Midstream Partners Reports Third Quarter 2024 Financial Results and Declares Quarterly Cash DistributionReported net loss of $3.3 million and net income of $3.7 million for the three and nine months ended September 30, 2024, respectively Adjusted EBITDA of $25.1 million and $87.3 million for the three and nine months ended September 30, 2024, respectively Declares quarterly cash dividend of $0.005 per common unit On October 3, 2024, entered into a definitive agreement and plan of merger with Martin Resource Management Corporation ("MRMC") whereby MRMC would acquire all outstanding common units of the Partnership not already owned by MRMC and its subsidiaries Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the third
- Martin Midstream Partners L.P. Sets Date for Release of Third Quarter 2024 Financial Results and Conference CallMartin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP") will announce its financial results for the third quarter of 2024 on Wednesday, October 16, 2024, after the market closes. An investors' conference call to review third quarter results will be held the following day. Date: Thursday, October 17, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (800) 715-9871 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-registration for the event and a webcast of the conference call is also available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, management w
- Martin Midstream Partners Reports Second Quarter 2024 Financial Results and Declares Quarterly Cash DistributionNet income of $3.8 million and $7.1 million for the three and six months ended June 30, 2024, respectively Adjusted EBITDA of $31.7 million and $62.1 million for the three and six months ended June 30, 2024, respectively Total adjusted leverage of 3.88 times as of June 30, 2024 Declares quarterly cash dividend of $0.005 per common unit Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the second quarter of 2024. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, "For the second quarter of 2024, the Partnership exceeded guidance by $0
- Martin Midstream Partners L.P. Sets Date for Release of Second Quarter 2024 Financial Results and Conference CallMartin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP") will announce its financial results for the second quarter of 2024 on Wednesday, July 17, 2024, after the market closes. An investors' conference call to review second quarter results will be held the following day. Date: Thursday, July 18, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-registration for the event and a webcast of the conference call is also available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, manageme
- Martin Midstream Partners Reports First Quarter 2024 Financial Results and Declares Quarterly Cash DistributionNet income of $3.3 million for the first quarter of 2024 compared to a net loss of $5.1 million for the same period in 2023 Adjusted EBITDA of $30.4 million for the first quarter of 2024 and maintains full year adjusted EBITDA guidance of $116.1 million Total adjusted leverage of 3.81 times as of March 31, 2024 Declares quarterly cash dividend of $0.005 per common unit Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the first quarter of 2024. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, "The Partnership had a strong quarter r
- Martin Midstream Partners L.P. Sets Date for Release of First Quarter 2024 Financial Results and Conference CallMartin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP") will announce its financial results for the first quarter of 2024 on Wednesday, April 17, 2024, after the market closes. An investors' conference call to review first quarter results will be held the following day. Date: Thursday, April 18, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-registration for the event and a webcast of the conference call is also available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, management will
- Martin Midstream Partners Reports Fourth Quarter and Full Year 2023 Financial Results and Releases 2024 GuidanceTotal adjusted leverage of 3.75 times as of December 31, 2023 Reported net income of $0.5 million for the fourth quarter and net loss of $4.5 million, which includes a $5.1 million impact from the loss on extinguishment of debt, for the year ended December 31, 2023 Reported adjusted EBITDA of $29.2 million and $117.7 million, after giving effect to the May 2023 exit of the butane optimization business, which incurred adjusted EBITDA of zero and negative adjusted EBITDA of $15.1 million, for the fourth quarter and year ended December 31, 2023, respectively Releases 2024 adjusted EBITDA Guidance of $116.1 million, growth capital expenditures of $17.4 million, and maintenance capi
- Martin Midstream Partners L.P. Sets Date for Release of Fourth Quarter 2023 Financial Results and Conference CallMartin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP") will announce its financial results for the fourth quarter of 2023 on Wednesday, February 14, 2024 after the market closes. An investors' conference call to review fourth quarter results will be held the following day. Date: Thursday, February 15, 2024 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-registration for the event and a webcast of the conference call is also available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, m
- Martin Midstream Partners Reports Third Quarter 2023 Financial Results and Declares Quarterly Cash DistributionTotal adjusted leverage of 3.95 times as of September 30, 2023 Reported net loss of $1.1 million and $5.1 million for the three and nine months ended September 30, 2023, respectively, which includes a $5.1 million impact from the loss on extinguishment of debt for the nine months ended September 30, 2023 Reported adjusted EBITDA of $26.2 million and $88.6 million, after giving effect to the May 2023 exit of the butane optimization business, which incurred adjusted EBITDA of zero and negative adjusted EBITDA of $15.1 million, for the three and nine months ended September 30, 2023, respectively Reaffirms 2023 Annual Adjusted EBITDA Guidance of $115.4 million Declares quarterl
- Martin Midstream Partners L.P. to Announce Third Quarter 2023 Financial Results on October 18Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP") plans to announce financial results for third quarter 2023 after the market closes on Wednesday, October 18. An investors' conference call to review third quarter results will be held the following day. Date: Thursday, October 19, 2023 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 Pre-registration for the event and a webcast of the conference call is also available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, management will di
- Martin Midstream Partners Reports Second Quarter 2023 Financial Results and Declares Quarterly Cash DistributionReported net income of $1.1 million for the three months ended June 30, 2023, and a net loss of $4.0 million, which includes a $5.1 million impact from the loss on extinguishment of debt, for the six months ended June 30, 2023 Reported adjusted EBITDA of $31.8 million and $62.4 million, after giving effect to the May 2023 exit of the butane optimization business, which incurred negative adjusted EBITDA of $6.3 million and $15.1 million, for the three and six months ended June 30, 2023, respectively Total adjusted leverage of 4.14 times as of June 30, 2023, compared to 4.25 times as of March 31, 2023 Reaffirms 2023 Annual Adjusted EBITDA Guidance of $115.4 million Declares quart
- Martin Midstream Partners L.P. to Announce Second Quarter 2023 Financial Results on July 19Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP") plans to announce financial results for second quarter 2023 after the market closes on Wednesday, July 19. An investors' conference call to review second quarter results will be held the following day. Date: Thursday, July 20, 2023 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 A webcast of the conference call will also be available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, management will discuss certain non-GAAP financial m
- Martin Midstream Partners Reports First Quarter 2023 Financial Results and Declares Quarterly Cash DistributionTotal leverage of 4.25 times as of March 31, 2023, compared to 4.53 times as of December 31, 2022 Reported net loss of $5.1 million for the first quarter of 2023, which includes a $5.1 million impact from loss on extinguishment of debt First quarter adjusted EBITDA of $30.6 million after giving effect to the exit of the butane optimization business, which incurred net losses of $8.8 million for the quarter Declares quarterly cash dividend of $0.005 per common unit Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the first quarter of 2023. Bob Bondurant, President and Chief Executive Officer of Martin Midstrea
- Martin Midstream Partners L.P. to Announce First-Quarter 2023 Financial Results on April 19Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP") plans to announce financial results for first quarter 2023 after the market closes on Wednesday, April 19. An investors' conference call to review first quarter results will be held the following day. Date: Thursday, April 20, 2023 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 A webcast of the conference call will also be available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, management will discuss certain non-generally accept
- Martin Midstream Partners Reports Fourth Quarter and Full Year 2022 Financial Results and Releases 2023 Financial GuidanceDebt refinancing significantly improves maturity profile Reported net loss of $0.4 million and $10.3 million for the fourth quarter and year ended December 31, 2022, respectively Reported adjusted EBITDA of $17.8 million and $114.9 million for the fourth quarter and year ended December 31, 2022 Exiting butane optimization business, which reported net loss of $4.7 million and $20.0 million for the fourth quarter and year ended December 31, 2022, respectively, and negative adjusted EBITDA of $10.7 million and $7.2 million, for the same respective periods In January 2023, S&P Global Ratings upgraded its issuer credit ratings of Martin Midstream Partners L.P. from CCC to B- with a stab
- Martin Midstream Partners L.P. Will Host a Conference Call on February 16 to Discuss Fourth Quarter and Full-Year 2022 Earnings, Along With 2023 Financial GuidanceMartin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") plans to release its financial results for the fourth quarter and full-year ended December 31, 2022 and issue 2023 financial guidance after the market closes on February 15, 2023. An investors' conference call to review the fourth quarter and full-year results, along with 2023 financial guidance will be held the following day. Date: Thursday, February 16, 2023 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 A webcast of the conference call will also be available by visiting the Events and Presentations se
- Martin Midstream Partners Reports Third Quarter 2022 Financial ResultsRevises Fourth Quarter Guidance Reported net loss of $10.0 million, including a $24.0 million inventory valuation write down, for the nine months ended September 30, 2022 Reported net loss of $28.0 million, including a $21.8 million inventory valuation write down, for the three months ended September 30, 2022 Reported adjusted EBITDA of $18.8 million and $97.1 million for the three and nine months ended September 30, 2022, respectively Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the third quarter of 2022. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of t
- Martin Midstream Partners L.P. Will Host a Conference Call on November 3 to Discuss Third Quarter 2022 EarningsMartin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") plans to release its financial results for the third quarter ended September 30, 2022 after the market closes on November 2, 2022. An investors' conference call to review the first quarter results will be held the following day. Date: Thursday, November 3, 2022 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 A webcast of the conference call will also be available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, management wi
- Martin Midstream Partners Reports Second Quarter 2022 Financial Results, Increases Annual Guidance and Declares Quarterly Cash DistributionAnnounces increased 2022 financial guidance Reported net income of $6.6 million and $18.1 million for the three and six months ended June 30, 2022, respectively Reported adjusted EBITDA of $38.3 million and $78.3 million for the three and six months ended June 30, 2022, respectively Declares quarterly distribution of $0.005, or $0.02 per unit annually Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the second quarter of 2022. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership stated, "The Partnership experienced another outstanding quarter with
- Martin Midstream Partners L.P. Will Host a Conference Call on July 21 to Discuss Second Quarter 2022 EarningsMartin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") plans to release its financial results for the second quarter ended June 30, 2022 after the market closes on July 20, 2022. An investors' conference call to review the first quarter results will be held the following day. Date: Thursday, July 21, 2022 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2384 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 A webcast of the conference call will also be available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. During the conference call, management will dis
- Martin Midstream Partners Reports First Quarter 2022 Financial Results and Declares Quarterly Cash DistributionReported net income of $11.5 million and adjusted EBITDA of $40.0 million for the first quarter of 2022 Reduced adjusted leverage from 4.19 times at December 31, 2021 to 3.87 times at March 31, 2022 Announces upward revision to 2022 financial guidance Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the first quarter of 2022. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership stated, "The Partnership experienced an exceptional quarter benefiting from increased refinery utilization and strong demand for our products and services. For the period, w
- Martin Midstream Partners L.P. Will Host a Conference Call on April 21 to Discuss First Quarter 2022 EarningsMartin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") plans to release its financial results for the first quarter ended March 31, 2022 after the market closes on April 20, 2022. An investors' conference call to review the first quarter results will be held the following day. Date: Thursday, April 21, 2022 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2398 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 A webcast of the conference call will also be available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. About Martin Midstream Partners MMLP, headqu
- Martin Midstream Partners Reports Fourth Quarter and Full Year 2021 Financial Results and Releases 2022 Financial GuidanceFull year 2021 financial performance exceeds guidance range Reported net income of $10.8 million and net loss of $0.2 million for the fourth quarter and year ended December 31, 2021, respectively Generated adjusted EBITDA of $39.7 million and $114.5 million for the fourth quarter and year ended December 31, 2021, respectively Reduced adjusted leverage from 5.47x at September 30, 2021 to 4.19x at December 31, 2021 Releases 2022 financial guidance range Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") today announced its financial results for the three months and year ended December 31, 2021. "The Partnership finished the year with another strong quarter
- Martin Midstream Partners L.P. Declares Quarterly Cash Distribution and will Announce Fourth Quarter and Full-year Financial Results, Along With 2022 Guidance, on February 16Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP" or the "Partnership") plans to release its financial results for the fourth quarter ended December 31, 2021 and issue 2022 financial guidance after the market closes on February 16, 2022. An investors' conference call to review the fourth quarter and full-year results, along with 2022 financial guidance, will be held the following day. Date: Thursday, February 17, 2022 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (888) 330-2398 Conference ID: 8536096 Replay Dial In # (800) 770-2030 – Conference ID: 8536096 A webcast of the conference call will also be available by visiting the Events and Presentations section under I
- Martin Midstream Partners Reports Third Quarter 2021 Financial Results and Declares Quarterly Cash DistributionThird quarter 2021 financial performance beats internal projections despite impact from Hurricane Ida Reported net loss of $6.9 million and $11.0 million for the three and nine months ended September 30, 2021, respectively Reported adjusted EBITDA of $21.5 million and $74.9 million for the three and nine months ended September 30, 2021, respectively Generated distributable cash flow of $5.2 and $25.3 million for the three and nine months ended September 30, 2021, respectively Declares quarterly distribution of $0.005 or $0.02 per unit annually Martin Midstream Partners L.P. (NASDAQ:MMLP) (the "Partnership") today announced its financial results for the third quarter of 2021. Bo
- Martin Midstream Partners Will Host a Conference Call on October 21 to Discuss Third Quarter 2021 EarningsMartin Midstream Partners L.P. (NASDAQ:MMLP) plans to release its financial results for the third quarter ended September 30, 2021 after the market closes on October 20, 2021. An investors' conference call to review the third quarter will be held the following day. Date: Thursday, October 21, 2021 Time: 8:00 a.m. CT (please dial in by 7:55 a.m.) Dial In #: (833) 900-2251 Conference ID: 8571037 Replay Dial In # (800) 585-8367 – Conference ID: 8571037 A webcast of the conference call will also be available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com. About Martin Midstream Partners Martin Midstream Partners L.P., headquarter
- Martin Midstream Partners Reports Second Quarter 2021 Financial Results and Declares Quarterly Cash Distribution2021 financial performance in line with annual guidance Reported net loss of $6.6 million and $4.1 million for the three and six months ended June 30, 2021, respectively Reported adjusted EBITDA of $22.5 million and $53.4 million for the three and six months ended June 30, 2021, respectively Generated distributable cash flow of $7.3 and $20.1 million for the three and six months ended June 30, 2021, respectively Declares quarterly distribution of $0.005 or $0.02 per unit annually Announces Revolving Credit Facility Amendment Martin Midstream Partners L.P. (NASDAQ:MMLP) (the "Partnership") today announced its financial results for the second quarter of 2021. "For the second qua
- Martin Midstream Partners Reports First Quarter 2021 Financial Results and Declares Quarterly Cash DistributionFirst quarter 2021 financial performance exceeds internal projections despite winter storm impact Reported net income of $2.5 million and adjusted EBITDA of $30.9 million for the first quarter of 2021 Generated distributable cash flow of $12.8 million for the first quarter of 2021 Declares quarterly distribution of $0.005 or $0.02 per unit annually Martin Midstream Partners L.P. (NASDAQ:MMLP) (the "Partnership") today announced its financial results for the first quarter of 2021. "For the first quarter of 2021, the Partnership exceeded our internal earnings forecast by $3.7 million despite headwinds from the February winter storm that plunged Texas and surrounding areas into a dee
- Martin Midstream Partners Reports Fourth Quarter and Full Year 2020 Financial Results and Releases 2021 Financial GuidanceKILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq:MMLP) (the "Partnership") today announced its financial results for the three months and year ended December 31, 2020. "We entered 2020 with a confident outlook and for very good reason. Our fourth quarter and full year 2019 results exceeded our guidance and we were executing on our priorities of strengthening the balance sheet and reducing leverage," stated Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership. "However, by March the impacts on refinery utilization due to demand destruction from COVID-19 were beginning to become apparent and t