|Bid||13.75 x 800|
|Ask||13.80 x 800|
|Day's Range||13.60 - 13.85|
|52 Week Range||12.70 - 19.85|
|PE Ratio (TTM)||33.76|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||2.00 (14.60%)|
|1y Target Est||17.11|
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 June 30, 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.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between Martin Midstream Partners LP (NASDAQ:MMLP)’sRead More...
KILGORE, Texas, May 21, 2018-- Martin Midstream Partners L.P. announced today that members of executive management will participate in the MLP & Energy Infrastructure Conference sponsored by the Master ...
Currently, Summit Midstream Partners (SMLP) is trading at a yield close to 15%. On May 8, RBC cut its target price for Summit Midstream from $20 to $18. The mean target price for Summit Midstream provided by the surveyed analysts is $17.6.
NEW YORK, May 18, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Government ...
KILGORE, Texas, May 15, 2018-- Martin Midstream Partners L.P. announced today that members of executive management will participate in the Stephens Energy Conference on May 16, 2018 in Little Rock, Arkansas. ...
First Quarter 2018 Net Income of $12.8 million Strong Quarterly Distribution Coverage Ratio of 1.36 times First Quarter Distributable Cash Flow and Adjusted EBITDA Exceeds Guidance. KILGORE, Texas, April ...
Navios Maritime Midstream Partners (NAP), an MLP involved in the marine transportation of crude oil, refined products, and NGLs, was the top MLP gainer in the week ending April 20. Navios Maritime Partners rallied 29.2% due to J.P. Morgan upgrading it to a “buy.” Overall, the partnership has lost 55.4% since the beginning of 2018. The fall could mainly be attributed to the partnership’s weak operating performance in 4Q17. To learn more, read Comparing Crude Tanker Companies’ 4Q17 Performances.
Martin Midstream Partners plans to publicly release its financial results for the quarter ended March 31, 2018 after the market closes on Wednesday, April 25, 2018. An investors conference call to review the first quarter results will be held on Thursday, April 26, 2018 at 8:00 a.m. Central Time. The conference call can be accessed by calling (877) 878-2695. An audio replay of the conference call will be available by calling (855) 859-2056 from 11:00 a.m. Central Time on April 26, 2018 through 10:59 p.m. Central Time on May 7, 2018. The access code for the conference call and the audio replay is Conference ID No. 1799846 The audio replay of the conference call will also be archived on Martin Midstream Partners’ website at www.martinmidstream.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 March 31, 2018 which will be available on the investor relations page of Martin Midstream Partners’ website.
|Downgrade||Stifel Nicolaus: to Hold||4/28/2017|
|Upgrade||Stifel Nicolaus: to Buy||12/6/2016|
|Initiated||Janney Capital: to Neutral||9/16/2016|
|Initiated||FBR Capital: to Outperform||9/9/2016|
|Upgrade||Stephens & Co.: to Overweight||3/3/2016|
|Downgrade||Bank of America: to Underperform||2/17/2016|
Industry: Oil & Gas Midstream
Full Time Employees:
Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 22 marine shore-based terminal facilities and 16 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 Natural Gas Services segment distributes natural gas liquids (NGLs) to propane retailers, refineries, and industrial NGL users. This segment owns a NGL pipeline covering an area of approximately 200 miles from Kilgore, Texas to Beaumont, Texas; and 2.4 million barrels of underground storage capacity for NGLs. It also develops, constructs, operates, and manages natural gas storage facilities in northern Louisiana and Mississippi. The company's Sulfur Services segment manufactures and markets various sulfur-based fertilizer and related sulfur products, including plant nutrient and agricultural ground sulfur products; ammonium sulfate products; industrial sulfur products; and liquid sulfur products. This segment owns 26 railcars and leases 76 railcars to transport molten sulfur; and leases 132 railcars to transport fertilizer products. Its Marine Transportation segment operates 33 inland marine tank barges, 18 inland push boats, and 1 offshore tug and barge units that transport petroleum products and by-products to oil and gas refining companies, and petroleum marketing companies. Martin Midstream GP LLC serves as a general partner of the company. The company was founded in 2002 and is based in Kilgore, Texas.