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Martin Midstream Partners LP (MMLP.OQ)

MMLP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Martin Midstream Partners says Hurricane Harvey impact estimated at $6.0 mln in Q3
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Martin Midstream Partners Lp ::Martin midstream partners reports 2017 third quarter financial results.Q3 revenue $193.1 million versus I/B/E/S view $182.5 million.Martin Midstream Partners LP - ‍in quarter, Hurricane Harvey impact estimated at $6.0 million​.Martin Midstream Partners LP qtrly ‍net loss per unit attributable to limited partners of $0.42.Martin Midstream Partners LP - ‍reducing full year maintenance capital expenditure guidance to approximately $20 million​.Martin Midstream Partners LP - ‍some scheduled Q4 maintenance capex will likely be preceded in priority by hurricane harvey related repairs, maintenance​.Martin Midstream Partners LP - "‍based on current market conditions, we anticipate a strong butane sales season during Q4 2017 and Q1 2018"​.  Full Article

‍MMLP expands West Texas LPG system into Delaware basin​
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Martin Midstream Partners Lp :‍MMLP announces West Texas LPG system expansion into Delaware basin​.Martin Midstream Partners - ‍West Texas LPG Pipeline JV plans to invest about $200 million to expand its NGL system into Delaware basin in service by Q3 201​8.Martin Midstream Partners LP says ‍West Texas expansion will be supported by long-term volume dedications estimated to be up to 40,000 barrels per day​.Martin Midstream Partners LP - ‍expansion will be supported by long-term volume dedications estimated to be up to 40,000 barrels per day​.  Full Article

Martin Midstream Partners L.P. commences public offering
Thursday, 16 Feb 2017 

Martin Midstream Partners Lp : Martin Midstream Partners L.P. Announces commencement of public offering of common units . Martin Midstream Partners LP - has commenced an underwritten public offering of 2.6 million common units .Martin Midstream Partners LP - intends to use net proceeds to fund portion of purchase price for acquisition of asphalt terminal facility in Hondo,Texas.  Full Article

Martin Midstream Partners qtrly net income $17.9 mln vs $6.8 mln
Thursday, 16 Feb 2017 

Martin Midstream Partners Lp : Martin midstream partners reports 2016 fourth quarter financial results and hondo, texas asphalt terminal acquisition . Q4 revenue $236.9 million versus I/B/E/S view $219 million . Martin Midstream Partners Lp - deal for $27.4 million . Martin Midstream Partners Lp - partnership expects to spend $8.6 million to complete construction of terminal .Martin Midstream Partners Lp - qtrly net income $17.9 million versus $6.8 million.  Full Article

Martin Midstream Partners posts Q2 loss $0.14/limited partner unit
Thursday, 28 Jul 2016 

Martin Midstream Partners Lp : Martin Midstream Partners reports 2016 second quarter financial results . Says partnership had a net loss for Q2 of 2016 of $1.2 mln, a loss of $0.14 per limited partner unit. . Q2 revenue $190.3 mln vs I/B/E/S view $225.1 mln . Partnership's distributable cash flow for second-quarter 2016 did not meet internal forecast . Expect maintenance capital and turnaround expenditures to be significantly lower in second half of year .Challenging marine fundamentals continue.  Full Article

Martin Midstream Partners announces qtrly cash distribution
Friday, 22 Jul 2016 

Martin Midstream Partners LP :Declared a quarterly cash distribution of $0.8125 per unit, or $3.25 per unit on an annualized basis.  Full Article

Martin Midstream Partners L.P announces quarterly cash distribution
Friday, 22 Jan 2016 

Martin Midstream Partners L.P:Declared a quarterly cash distribution of $0.8125 per unit.Distribution is payable on February 12 to common unitholders of record date as on February 5.  Full Article