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Martin Midstream Partners LP (MMLP.OQ)

MMLP.OQ on NASDAQ Stock Exchange Global Select Market

11.09USD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Martin Midstream Partners Reports 2018 Q3 Financial Results
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Martin Midstream Partners LP ::MARTIN MIDSTREAM PARTNERS REPORTS 2018 THIRD QUARTER FINANCIAL RESULTS.Q3 REVENUE $219 MILLION.DEAL TO ACQUIRE MARTIN TRANSPORT INC FOR $135.0 MILLION.DEAL WILL BE FUNDED FROM PARTNERSHIP'S REVOLVING CREDIT FACILITY.MARTIN MIDSTREAM-FOR Q3 DISTRIBUTABLE CASH FLOW FELL SHORT OF OUTLOOK DUE TO COMPRESSED MARGINS FROM RISING FERTILIZER RAW MATERIALS COSTS,SALE OF WTLPG.QTRLY EARNINGS PER SHARE $1.00.Q3 REVENUE VIEW $226.8 MILLION -- THOMSON REUTERS I/B/E/S.QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $0.24.  Full Article

Martin Midstream Partners says Hurricane Harvey impact estimated at $6.0 mln in Q3
Wednesday, 25 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​
Monday, 23 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
Wednesday, 15 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
Wednesday, 15 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

Carlyle Group names manager for U.S. crude export terminal project

HOUSTON, Dec 14 Lone Star Ports LLC will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, that can fully load supertankers, according to a statement from the project leaders on Friday.