|Bid||1.7900 x 800|
|Ask||1.8000 x 900|
|Day's Range||1.7500 - 1.8600|
|52 Week Range||0.9100 - 5.6200|
|Beta (5Y Monthly)||3.30|
|PE Ratio (TTM)||2.73|
|Earnings Date||Oct 21, 2020|
|Forward Dividend & Yield||0.02 (1.13%)|
|Ex-Dividend Date||Aug 06, 2020|
|1y Target Est||2.00|
In the latest trading session, Martin Midstream Partners L.P. (MMLP) closed at $1.67, marking a -0.6% move from the previous day.
KILGORE, Texas, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (the “Partnership”) plans to release its financial results for the third quarter ended September 30, 2020 and publicly announce the third quarter distribution after the market closes on October 21, 2020. An investors conference call to review the third quarter results will be held on Thursday, October 22, 2020 at 8:00 a.m. Central Time. The live conference call will be available by calling (877) 878-2695. For a limited time, an audio replay of the conference call will be available by calling (855) 859-2056. The conference ID is 9123705. An archive of the replay will be on Martin Midstream Partners’ website at www.MMLP.com.During the conference call, management will discuss certain non-generally accepted accounting principle financial measures for which reconciliations to the most directly comparable GAAP financial measures will be provided in Martin Midstream Partners’ announcement concerning its financial results for the quarter ended September 30, 2020, which will be available on the investor relations page of Martin Midstream Partners’ website.Qualified Notice to NomineesThis release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of the Partnership's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of the Partnership's distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not the Partnership, are treated as withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.About Martin Midstream PartnersMartin Midstream Partners L.P. is a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region. The Partnership's primary business lines include: (1) terminalling, processing, storage, and packaging services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and (4) natural gas liquids marketing, distribution, and transportation services.Forward-Looking StatementsStatements about the Partnership’s outlook and all other statements in this release other than historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and all references to financial estimates rely on a number of assumptions concerning future events and are subject to a number of uncertainties, including (i) the current and potential impacts of the COVID-19 pandemic generally, on an industry-specific basis, and on the Partnership’s specific operations and business, (ii) the effects of the continued volatility of commodity prices and the related macroeconomic and political environment, and (iii) other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While the Partnership believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in the Partnership’s annual and quarterly reports filed from time to time with the Securities and Exchange Commission (the “SEC”). The Partnership disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise except where required to do so by law.The information in the Partnership’s website is not, and shall not be deemed to be, a part of this notice or incorporated in filings the Partnership makes with the SEC.Additional information concerning the Partnership is available on the Partnership’s website at www.MMLP.com or by contacting:Sharon Taylor – Head of Investor Relations (877) 256-6644
Martin Midstream Partners L.P. (MMLP) closed the most recent trading day at $1.27, making no change from the previous trading session.