Martin Midstream Partners L.P. logo

Martin Midstream Partners L.P.

MMLP

NASDAQEnergyOil & Gas Midstream

Regular session

$2.2515

−$0.0185 · -0.81%

Aug 24, 12:29 PM ET

MMLP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

99

Deep Value

Momentum

25

Weakening

Sentiment

53

Mixed

Risk resilience

37

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Martin Midstream Partners L.P., established in 2002 and headquartered in Kilgore, Texas, is a diversified energy logistics company operating primarily along the U.S. Gulf Coast. Through its subsidiaries, the company specializes in the handling, processing, storage, and transport of petroleum products, by-products, and various chemicals. Its Terminalling and Storage division oversees 15 marine-based and 13 specialized terminal facilities. These sites provide essential services such as storage, refining, blending, packaging, and general handling for petroleum producers and suppliers. Additionally, this segment offers land leasing to oil and gas firms and manages the storage and transfer of lubricants and fuels. The Transportation segment maintains an extensive fleet for moving a range of materials, including petroleum, petrochemicals, and chemicals. This fleet comprises 570 tank trucks, 1,200 trailers, 29 inland marine tank barges, 14 inland push boats, and a single articulated offshore tug and barge unit. Martin Midstream's Sulfur Services segment processes molten sulfur, transforming it into prilled or pelletized forms crucial for fertilizer production and various industrial chemical applications. Finally, the Natural Gas Liquids segment focuses on the storage, distribution, and transport of NGLs. It delivers NGLs wholesale to refineries, industrial consumers, and propane retailers, supported by an impressive 2.1 million barrels of underground NGL storage capacity. Martin Midstream GP LLC serves as the general partner for the company.

Industry
Oil & Gas Midstream
Sector
Energy
Headquarters
US
CEO
Robert D. Bondurant
Listed since
Nov 1, 2002
Employees
1,723

Market position

Day range

Current $2.2515

52-week range

Current $2.2515

Open
$2.35
Previous close
$2.27
Volume
1.78K
0.06× average
Average volume
27.82K
Average daily volume
Market cap
88.09M USD
Beta
0.48
Market reference 1
50-day average
$2.3846
-5.58% below average
200-day average
$2.6032
-13.51% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
626.22M USD
EV / EBITDA
6.39×
Earnings yield
-14.24%
Free cash flow yield
21.04%

Profitability & efficiency

Return on equity
16.84%
Return on assets
-2.77%
Return on invested capital
11.76%

Financial health

Current ratio
1.05×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends56%35%14%-7%Gross margin, FY2021: 33.16%Gross margin, FY2022: 33.30%Gross margin, FY2023: 13.31%Gross margin, FY2024: 50.85%Gross margin, FY2025: 12.41%Operating margin, FY2021: 6.49%Operating margin, FY2022: 5.03%Operating margin, FY2023: 8.19%Operating margin, FY2024: 8.10%Operating margin, FY2025: 6.54%Net margin, FY2021: -0.02%Net margin, FY2022: -1.01%Net margin, FY2023: -0.56%Net margin, FY2024: -0.72%Net margin, FY2025: -2.02%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 33.16%. Gross margin FY2022 33.30%. Gross margin FY2023 13.31%. Gross margin FY2024 50.85%. Gross margin FY2025 12.41%. Operating margin FY2021 6.49%. Operating margin FY2022 5.03%. Operating margin FY2023 8.19%. Operating margin FY2024 8.10%. Operating margin FY2025 6.54%. Net margin FY2021 -0.02%. Net margin FY2022 -1.01%. Net margin FY2023 -0.56%. Net margin FY2024 -0.72%. Net margin FY2025 -2.02%.

Income trends

Revenue

716.11M USD+1.20%

Operating income

46.86M USD-18.22%

Net income

−14.45M USD-184.56%
Income trends across reported periods1.12B USD708.88M USD295.55M USD−117.78M USDRevenue, FY2021: 882.43M USDRevenue, FY2022: 1.02B USDRevenue, FY2023: 797.96M USDRevenue, FY2024: 707.62M USDRevenue, FY2025: 716.11M USDOperating income, FY2021: 57.28M USDOperating income, FY2022: 51.26M USDOperating income, FY2023: 65.35M USDOperating income, FY2024: 57.3M USDOperating income, FY2025: 46.86M USDNet income, FY2021: −211K USDNet income, FY2022: −10.33M USDNet income, FY2023: −4.44M USDNet income, FY2024: −5.08M USDNet income, FY2025: −14.45M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 882.43M USD. Revenue FY2022 1.02B USD. Revenue FY2023 797.96M USD. Revenue FY2024 707.62M USD. Revenue FY2025 716.11M USD. Operating income FY2021 57.28M USD. Operating income FY2022 51.26M USD. Operating income FY2023 65.35M USD. Operating income FY2024 57.3M USD. Operating income FY2025 46.86M USD. Net income FY2021 −211K USD. Net income FY2022 −10.33M USD. Net income FY2023 −4.44M USD. Net income FY2024 −5.08M USD. Net income FY2025 −14.45M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue716.11M USD707.62M USD797.96M USD1.02B USD882.43M USD
Cost of goods sold627.25M USD347.82M USD691.79M USD679.59M USD589.85M USD
Gross profit88.86M USD359.8M USD106.18M USD339.29M USD292.58M USD
Selling, general, and administrative42M USD48.5M USD40.83M USD41.81M USD41.01M USD
Operating expenses42M USD302.5M USD40.83M USD288.03M USD235.5M USD
Interest income−4K USD
Interest expense57.79M USD57.71M USD60.29M USD53.67M USD54.11M USD
Depreciation and amortization50.2M USD50.79M USD49.9M USD56.28M USD56.75M USD
Operating income46.86M USD57.3M USD65.35M USD51.26M USD57.28M USD
Net income−14.45M USD−5.08M USD−4.44M USD−10.33M USD−211K USD

Company facts updated Aug 24, 2026.

MMLP news

MMLP peers

ETFs holding MMLP

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research MMLP

research.disclaimer