MMLP - Martin Midstream Partners L.P.
| Previous Close | 7.52 |
| Open | 7.48 |
| Bid | 7.33 x 800 |
| Ask | 7.50 x 800 |
| Day's Range | 7.45 - 7.52 |
| 52 Week Range | 6.86 - 15.40 |
| Volume | 90,477 |
| Avg. Volume | 280,872 |
| Market Cap | 290.969M |
| Beta (3Y Monthly) | 0.20 |
| PE Ratio (TTM) | 10.79 |
| EPS (TTM) | 0.69 |
| Earnings Date | Jul 23, 2019 - Jul 29, 2019 |
| Forward Dividend & Yield | 1.75 (16.06%) |
| Ex-Dividend Date | 2019-05-07 |
| 1y Target Est | 9.20 |
- GlobeNewswire•6 days ago
Martin Midstream Partners L.P. Announces Participation in the MLP & Energy Infrastructure Conference
KILGORE, Texas, May 14, 2019 -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (the “Partnership”) announced today that members of executive management will host investor.
- GlobeNewswire•7 days ago
Martin Midstream Partners L.P. Reports Service Disruption and Structure Damage at Neches Terminal Location
Martin Midstream Partners L.P. (MMLP) (“the Partnership”) announced that an incident occurred at its Neches Terminal in Beaumont, Texas in the early morning on Friday, May 10, 2019 causing structural damage to the terminal’s mobile ship-loader and crane. There were no injuries to plant personnel or marine crews related to this event. Until the damage is repaired, the terminal will be unable to load prilled sulfur onto oceangoing vessels. The incident occurred during severe weather passing through the area. No other structures were impacted and all other terminalling operations are fully functional. At this time, the Partnership is not able to estimate the time necessary to repair the damage or the cash flow impact, but believes that it carries adequate insurance to protect against the losses incurred.
- Moody's•14 days ago
Martin Midstream Partners L.P. -- Moody's downgrades Martin Midstream's CFR to B3; stable outlook
Moody's Investors Service (Moody's) downgraded Martin Midstream Partners L.P.'s (Martin Midstream) Corporate Family Rating (CFR) to B3 from B2, its Probability of Default Rating (PDR) to B3-PD from B2-PD, senior unsecured notes rating to Caa2 from Caa1, and Speculative Grade Liquidity (SGL) rating to SGL-4 from SGL-3. The SGL-4 liquidity rating reflects weak liquidity with a heavily used revolver expiring in March 2020, and the senior notes shortly thereafter in February 2021.
- Thomson Reuters StreetEvents•20 days ago
Edited Transcript of MMLP earnings conference call or presentation 25-Apr-19 1:00pm GMT
Q1 2019 Martin Midstream Partners LP Earnings Call
Motley Fool•24 days agoMartin Midstream Partners (MMLP) Q1 2019 Earnings Call Transcript
MMLP earnings call for the period ending March 31, 2019.
- GlobeNewswire•25 days ago
Martin Midstream Partners Announces Quarterly Cash Distribution Date
Martin Midstream Partners L.P. (MMLP) announced it has declared a quarterly cash distribution of $0.25 per unit, or $1.00 per unit on an annualized basis, for the quarter ended March 31, 2019. The distribution is payable on May 15, 2019 to common unitholders of record as of the close of business on May 8, 2019. The ex-dividend date for the cash distribution is May 7, 2019. This 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.
- Motley Fool•25 days ago
Why Units of Martin Midstream Partners Are Cratering Today
The financially challenged master limited partnership took actions to shore up its balance sheet.
- MarketWatch•25 days ago
Martin Midstream Partners stock plummets toward record low after dividend cut in half, surprise loss
Shares of Martin Midstream Partners L.P. plummeted 17% toward a record low, after the provider of natural-gas and other energy-related services cut its dividend in half, after part of its plan to strengthen its balance sheet, and reported a surprise first-quarter loss. The company's new quarterly distribution was reduced to 25 cents a share from 50 cents. Based on Wednesday's stock closing price of $9.84, the new annual dividend rate would lower the dividend yield to 10.16% from 20.33%. In comparison, the SPDR Energy Select Sector ETF's dividend yield is 3.07% and the implied yield for the S&P 500 is 1.96%, according to FactSet. Among other strategic actions the company is taking, the company said it is in "active negotiation" over the sale of certain non-core assets and businesses. Separately, the company said it swung to a net loss of $3.7 million, or 9 cents a share, from a profit of $13.5 million, or 29 cents a share, a year ago, compared with the FactSet consensus of a profit of 22 cents a share. Revenue fell to $251 million from $307 million, missing the FactSet consensus of $299 million. the stock has lost 4.3% year to date through Wednesday, while the S&P 500 has gained 17%.
- ACCESSWIRE•25 days ago
Martin Midstream Partners L.P. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / April 25, 2019 / Martin Midstream Partners L.P. (NASDAQ: MMLP ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 25, 2019 at ...
- GlobeNewswire•26 days ago
Martin Midstream Partners Announces Strategic Initiatives
KILGORE, Texas, April 24, 2019 -- Martin Midstream Partners L.P. (Nasdaq:MMLP) (the "Partnership") announced today strategic initiatives designed to strengthen the balance.
- Motley Fool•29 days ago
A Reduced Payout Could Be Imminent for These High-Yield Dividend Stocks
These ultra-high-yield stocks aren’t sustainable.
- GlobeNewswire•last month
Martin Midstream Partners to Announce Quarterly Distribution and First Quarter 2019 Earnings on April 24
Martin Midstream Partners L.P. (MMLP) plans to publically announce the first quarter distribution and release its financial results for the first quarter ended March 31, 2019 after the market closes on April 24, 2019. 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 March 31, 2019 which will be available on the investor relations page of Martin Midstream Partners’ website. This 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.
- Motley Fool•last month
1 Sky-High Dividend Stock I Wouldn’t Dare Touch
While the 16%-plus yield looks tempting, it’s on shaky ground.
- GlobeNewswire•3 months ago
Martin Midstream Partners L.P. Announces 2018 K-1 Tax Packages Now Available
Martin Midstream Partners L.P. (MMLP) (the “Partnership”) announced today that the Partnership’s 2018 tax packages, which includes Schedule K-1, are now available to download from the Partnership’s website and may be accessed at https://www.taxpackagesupport.com/martinmidstream. The Partnership will begin mailing the 2018 tax packages to its unitholders on Thursday, February 28, 2019.
- Thomson Reuters StreetEvents•3 months ago
Edited Transcript of MMLP earnings conference call or presentation 14-Feb-19 2:00pm GMT
Q4 2018 Martin Midstream Partners LP Earnings Call
- GuruFocus.com•3 months ago
Martin Midstream Partners LP (MMLP) Files 10-K for the Fiscal Year Ended on December 31, 2018
The dividend yield of Martin Midstream Partners LP stocks is 16.07%. Warning! GuruFocus has detected 1 Warning Sign with MMLP. For the last quarter Martin Midstream Partners LP reported a revenue of $252.8 million, compared with the revenue of $305.7 million during the same period a year ago.
- Zacks•3 months ago
HMLP vs. MMLP: Which Stock Is the Better Value Option?
HMLP vs. MMLP: Which Stock Is the Better Value Option?
- GlobeNewswire•3 months ago
Martin Midstream Partners Reports 2018 Fourth Quarter Financial Results
Net income of $44.1 million for 2018Adjusted Leverage Ratio 4.61x at December 31, 2018Financial Guidance for 2019 KILGORE, Texas, Feb. 13, 2019 -- Martin Midstream Partners.
- GlobeNewswire•3 months ago
Investor Expectations to Drive Momentum within Meritage, Silgan, Modine Manufacturing, Comtech Telecommunications, Martin Midstream Partners, and Donnelley Financial Solutions — Discovering Underlying Factors of Influence
NEW YORK, Feb. 05, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- PR Newswire•4 months ago
Alerian Reports December 31, 2018 Index Linked Product Positions
DALLAS , Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...
- Zacks•4 months ago
SSW or MMLP: Which Is the Better Value Stock Right Now?
SSW vs. MMLP: Which Stock Is the Better Value Option?
- GlobeNewswire•4 months ago
Martin Midstream Partners Announces Quarterly Cash Distribution
Martin Midstream Partners L.P. (MMLP) announced today it has declared a quarterly cash distribution of $0.50 per unit, or $2.00 per unit on an annualized basis, for the quarter ended December 31, 2018. The quarterly distribution is unchanged from the distribution paid following the previous quarter. The distribution is payable on February 14, 2019 to common unitholders of record as of the close of business on February 7, 2019. The ex-dividend date for the cash distribution is February 6, 2019. Martin Midstream Partners plans to release its financial results for the quarter ended December 31, 2018 after the market closes on Wednesday, February 13, 2019. A conference call to review the fourth quarter results will be held on Thursday, February 14, 2019 at 8:00 a.m. Central Time.
- GlobeNewswire•4 months ago
Martin Midstream Partners to Announce Fourth Quarter Financial Results on February 13
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 December 31, 2018, which will be available on the investor relations page of Martin Midstream Partners’ website. This 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.
