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General information

Country: UNITED STATES

Sector: Oil and Gas Midstream

Martin Midstream Partners L.P. engages in the terminalling, processing, storage, and packaging of petroleum products and by-products in the United States Gulf Coast region. The company`s Terminalling and Storage segment owns or operates 19 marine shore-based terminal facilities and 12 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 Transportation segment operates a fleet of 540 tank trucks and 1,275 trailers; and 33 inland marine tank barges, 19 inland push boats, and 1 articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company`s Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. This segment also owns 23 railcars and leases 41 railcars to transport molten sulfur; and leases 132 railcars to transport fertilizer products. Its Natural Gas Liquids segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial NGL users, and propane retailers, as well as owns approximately 2.1 million barrels o...
  • Current market environment: negative. Prices of production are 32.9% lower compared to the last 12 months (LTM)
  • Prices of production are at 29.5% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 0.5%
  • Free cash flow yield -18.0% (LTM), projected -20.6%
  • Share price is 96.6% higher than minimum and 30.1% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (6.1x vs
    )
  • The company is undervalued by EV / projected EBITDA multiple compared to target level (
    vs
    )

Key Financials (Download financials)

Ticker: MMLP
Share price, USD:  (0.0%)4.01
year average price 3.19  


year start price 2.41 2023-12-28

min close price 2.08 2024-02-05

max close price 4.05 2024-07-30

current price 4.01 2024-12-26
Common stocks: 38 850 800

Dividend Yield:  0.5%
FCF Yield LTM / expected: -18.0% / -20.6%
EV / LTM EBITDA: 6.1x
EV / EBITDA annualized: 181.2x
Production prices change from LTM: -32.9%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 156
Net Debt ($m): 569
EV (Enterprise Value): 725
EBITDA LTM ($m): 119
EV / LTM EBITDA: 6.1x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2024-12-18businesswire.com

Leading Independent Proxy Advisory Firm Glass Lewis Joins Institutional Shareholder Services in Recommending MMLP Unitholders Vote “FOR” the Transaction with MRMC

2024-12-16businesswire.com

Leading Independent Proxy Advisory Firm ISS Recommends MMLP Unitholders Vote “FOR” the Transaction with MRMC

2024-12-04globenewswire.com

MMLP Merger News: Johnson Fistel Investigates Martin Midstream Partners and its Directors and Management Following the Announcement of the Merger

2024-10-22businesswire.com

MMLP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Martin Midstream Partners L.P. Is Fair to Shareholders

2024-10-18zacks.com

Fast-paced Momentum Stock Martin Midstream Partners (MMLP) Is Still Trading at a Bargain

2024-10-17seekingalpha.com

Martin Midstream Partners L.P. Common Units (MMLP) Q3 2024 Earnings Call Transcript

2024-07-15zacks.com

Martin Midstream (MMLP) Units Gain Amid Buyout Proposals

2024-04-17Zacks Investment Research

Why Fast-paced Mover Martin Midstream Partners (MMLP) Is a Great Choice for Value Investors

2024-04-04Business Wire

Martin Midstream Partners L.P. Sets Date for Release of First Quarter 2024 Financial Results and Conference Call

2024-02-15Seeking Alpha

Martin Midstream Partners L.P. (MMLP) Q4 2023 Earnings Call Transcript
More information for subscribed users:
detailed calculation of Potential,
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