Martin Midstream Partners Q1 2024 GAAP EPS $0.08 Beats $0.07 Estimate, Sales $180.830M Miss $198.797M Estimate

4/17/24 4:28:24 PM ET

Oil Refining/Marketing

Energy

Get the next $MMLP alert in real time by email

Martin Midstream Partners (NASDAQ:MMLP) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.07 by 14.29 percent. The company reported quarterly sales of $180.830 million which missed the analyst consensus estimate of $198.797 million by 9.04 percent. This is a 26.05 percent decrease over sales of $244.529 million the same period last year.

Get the next $MMLP alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$MMLP

Date	Price Target	Rating	Analyst

More analyst ratings

$MMLP
Financials

Live finance-specific insights

Martin Midstream Partners Reports Third Quarter 2024 Financial Results and Declares Quarterly Cash Distribution
Reported 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
10/16/24 4:02:00 PM ET
$MMLP
Oil Refining/Marketing
Energy
Martin Midstream Partners L.P. Sets Date for Release of Third Quarter 2024 Financial Results and Conference Call
Martin 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
10/8/24 11:00:00 AM ET
$MMLP
Oil Refining/Marketing
Energy
Martin Midstream Partners Reports Second Quarter 2024 Financial Results and Declares Quarterly Cash Distribution
Net 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
7/17/24 4:01:00 PM ET
$MMLP
Oil Refining/Marketing
Energy

Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction
Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP") today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital: The Conflicts Committee (the "Conflicts Committee") of the Board of Directors (the "GP Board") of Martin Midstream GP LLC, the general partner of MMLP (the "General Partner"), which consists of three independent directors, conducted a thorough nine-month evaluation with the support of independent legal and financial advisors and was diligent about the best path forward for MMLP, including actively considering proposals submitted by Nut Tree Capital Management and Caspian Capital. Following extensive negotiatio
10/22/24 11:49:00 AM ET
$MMLP
Oil Refining/Marketing
Energy
Nut Tree Capital Management and Caspian Capital Oppose Martin Midstream Partners L.P. Sale to Martin Resource Management Corporation
Nut Tree and Caspian Believe Proposed Sale Significantly Undervalues MMLP and its Future Prospects Nut Tree and Caspian Intend to File a Proxy Statement and Solicit Proxies to Vote "AGAINST" the Proposed Sale Nut Tree and Caspian Launch www.ProtectMMLPValue.com NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P. ("Caspian"), today announced that they intend to oppose the proposed sale of Martin Midstream Partners L.P. ("MMLP" or the "Company") (NASDAQ:MMLP) to Martin Resource Management Corporation ("MRMC"), an affiliate of the Company's General Partner, for $4.02 per MMLP common unit not already owned by MRMC. Nut Tree and Caspian h
10/22/24 8:00:00 AM ET
$MMLP
Oil Refining/Marketing
Energy
Martin Midstream Partners Reports Third Quarter 2024 Financial Results and Declares Quarterly Cash Distribution
Reported 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
10/16/24 4:02:00 PM ET
$MMLP
Oil Refining/Marketing
Energy

$MMLP
Market Insights

Live Market Insights

Nut Tree And Caspian Reiterate $4 Per Common Unit Offer Representing 31% Premium To Alternate Offer Made By Martin Resource Management Corp. For Martin Midstream Partners L.P.; Nut Tree And Caspian Call For Any Transaction With MRMC Be Subject To Approval Of Majority Of Unaffiliated Common Unit Holders
Nut Tree and Caspian Reiterate $4.00 per Common Unit Offer Representing 31% Premium to Alternate Offer Made by Martin Resource Management CorporationNut Tree and Caspian Call for Any Transaction with MRMC be Subject to Approval of Majority of Unaffiliated Common Unit HoldersNEW YORK, July 19, 2024 /PRNewswire/ -- Nut Tree Capital Management LP ("Nut Tree") and Caspian Capital LP ("Caspian"), today sent a letter to the Conflicts Committee of the Board of Directors (the "Conflicts Committee") of Martin Midstream GP LLC (the "General Partner") highlighting the serious conflicts of interest among the Conflicts Committee, General Partner, Martin Resource Management Corporation ("MRMC"), and Marti
7/19/24 10:36:49 AM ET
$MMLP
Oil Refining/Marketing
Energy
Martin Midstream Partners Q2 2024 GAAP EPS $0.09 Beats $0.08 Estimate, Sales $184.531M Miss $193.906M Estimate
Martin Midstream Partners (NASDAQ:MMLP) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.08 by 12.5 percent. The company reported quarterly sales of $184.531 million which missed the analyst consensus estimate of $193.906 million by 4.83 percent. This is a 5.68 percent decrease over sales of $195.636 million the same period last year.
7/17/24 4:16:01 PM ET
$MMLP
Oil Refining/Marketing
Energy
Martin Resource Management Comments On Nut Tree Capital And Caspian Capital Proposal
Martin Resource Management Corporation ("MRMC"), owner of the general partner of Martin Midstream Partners L.P. (NASDAQ:MMLP) ("MMLP"), today announces that in regard to the proposal announced by Nut Tree Capital and Caspian Capital with respect to MMLP, MRMC reiterates the statement in our publicly disclosed proposal that we are interested only in acquiring all of the outstanding common units of MMLP and have no interest in selling our interests in MMLP or the general partner or in pursuing any other strategic alternative involving MMLP or the general partner. We are not able to further comment at this time on our proposal to acquire the outstanding common units of MMLP, as we remain in act
7/11/24 4:12:17 PM ET
$MMLP
Oil Refining/Marketing
Energy

Martin Midstream Partners Q1 2024 GAAP EPS $0.08 Beats $0.07 Estimate, Sales $180.830M Miss $198.797M Estimate

Chat with this insight

Recent Analyst Ratings for
$MMLP

$MMLP
Financials

Live finance-specific insights

Martin Midstream Partners Reports Third Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

Martin Midstream Partners L.P. Sets Date for Release of Third Quarter 2024 Financial Results and Conference Call

Martin Midstream Partners Reports Second Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

$MMLP
Press Releases

Fastest customizable press release news feed in the world

Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction

Nut Tree Capital Management and Caspian Capital Oppose Martin Midstream Partners L.P. Sale to Martin Resource Management Corporation

Martin Midstream Partners Reports Third Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

$MMLP
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

VP/General Counsel/Secretary Booth Chris H bought $1 worth of Common Units (0 units at $3.99), increasing direct ownership by 0.00% to 25,850 units (SEC Form 4)

Executive Vice President/COO Tauscher Randall bought $68 worth of Common Units (17 units at $3.99), increasing direct ownership by 0.01% to 118,216 units (SEC Form 4)

Executive Vice President / CFO Taylor Sharon L bought $75 worth of Common Units (19 units at $3.99), increasing direct ownership by 0.08% to 23,342 units (SEC Form 4)

$MMLP
SEC Filings

$MMLP
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

$MMLP
Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13E3/A filed by Martin Midstream Partners L.P. Limited Partnership

SEC Form PRER14A filed by Martin Midstream Partners L.P. Limited Partnership

SEC Form SC 13E3 filed by Martin Midstream Partners L.P. Limited Partnership

VP/General Counsel/Secretary Booth Chris H bought $1 worth of Common Units (0 units at $3.99), increasing direct ownership by 0.00% to 25,850 units (SEC Form 4)

Executive Vice President/COO Tauscher Randall bought $68 worth of Common Units (17 units at $3.99), increasing direct ownership by 0.01% to 118,216 units (SEC Form 4)

Executive Vice President / CFO Taylor Sharon L bought $75 worth of Common Units (19 units at $3.99), increasing direct ownership by 0.08% to 23,342 units (SEC Form 4)

SEC Form SC 13G filed by Martin Midstream Partners L.P. Limited Partnership

Amendment: SEC Form SC 13D/A filed by Martin Midstream Partners L.P. Limited Partnership

Amendment: SEC Form SC 13D/A filed by Martin Midstream Partners L.P. Limited Partnership

$MMLP
Market Insights

Live Market Insights

Martin Midstream Partners Q2 2024 GAAP EPS $0.09 Beats $0.08 Estimate, Sales $184.531M Miss $193.906M Estimate

Martin Resource Management Comments On Nut Tree Capital And Caspian Capital Proposal

Martin Midstream Partners Q1 2024 GAAP EPS $0.08 Beats $0.07 Estimate, Sales $180.830M Miss $198.797M Estimate

Chat with this insight

Recent Analyst Ratings for $MMLP

$MMLP Financials

Live finance-specific insights

Martin Midstream Partners Reports Third Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

Martin Midstream Partners L.P. Sets Date for Release of Third Quarter 2024 Financial Results and Conference Call

Martin Midstream Partners Reports Second Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

$MMLP Press Releases

Fastest customizable press release news feed in the world

Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction

Nut Tree Capital Management and Caspian Capital Oppose Martin Midstream Partners L.P. Sale to Martin Resource Management Corporation

Martin Midstream Partners Reports Third Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

$MMLP Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

VP/General Counsel/Secretary Booth Chris H bought $1 worth of Common Units (0 units at $3.99), increasing direct ownership by 0.00% to 25,850 units (SEC Form 4)

Executive Vice President/COO Tauscher Randall bought $68 worth of Common Units (17 units at $3.99), increasing direct ownership by 0.01% to 118,216 units (SEC Form 4)

Executive Vice President / CFO Taylor Sharon L bought $75 worth of Common Units (19 units at $3.99), increasing direct ownership by 0.08% to 23,342 units (SEC Form 4)

$MMLP SEC Filings

$MMLP Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

$MMLP Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13E3/A filed by Martin Midstream Partners L.P. Limited Partnership

SEC Form PRER14A filed by Martin Midstream Partners L.P. Limited Partnership

SEC Form SC 13E3 filed by Martin Midstream Partners L.P. Limited Partnership

VP/General Counsel/Secretary Booth Chris H bought $1 worth of Common Units (0 units at $3.99), increasing direct ownership by 0.00% to 25,850 units (SEC Form 4)

Executive Vice President/COO Tauscher Randall bought $68 worth of Common Units (17 units at $3.99), increasing direct ownership by 0.01% to 118,216 units (SEC Form 4)

Executive Vice President / CFO Taylor Sharon L bought $75 worth of Common Units (19 units at $3.99), increasing direct ownership by 0.08% to 23,342 units (SEC Form 4)

SEC Form SC 13G filed by Martin Midstream Partners L.P. Limited Partnership

Amendment: SEC Form SC 13D/A filed by Martin Midstream Partners L.P. Limited Partnership

Amendment: SEC Form SC 13D/A filed by Martin Midstream Partners L.P. Limited Partnership

$MMLP Market Insights

Live Market Insights

Martin Midstream Partners Q2 2024 GAAP EPS $0.09 Beats $0.08 Estimate, Sales $184.531M Miss $193.906M Estimate

Martin Resource Management Comments On Nut Tree Capital And Caspian Capital Proposal

Recent Analyst Ratings for
$MMLP

$MMLP
Financials

$MMLP
Press Releases

$MMLP
Insider Purchases

$MMLP
SEC Filings

$MMLP
Insider Trading

$MMLP
Large Ownership Changes

$MMLP
Market Insights