Martin Midstream Partners L.P. Stock News

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq: MMLP) (“MMLP” or the “Partnership”) today announced its financial results for the fourth quarter and full year ended December 31, 2024. Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, “For the fourth quarter and full year 2024 the Partnership ...

Martin Midstream Partners terminated its agreement to be acquired by Martin Resource Management Corporation for $4.02 per unit in cash. It should be able to generate a substantial (estimated at $30+ million) in 2025 free cash flow as a standalone company. 2025 results will be boosted by a full-year's worth of contributions from its electronic level sulfuric acid plant joint venture.

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) will announce its financial results for the fourth quarter and full year 2024 on Wednesday, February 12, 2025, after the market closes where it can be accessed at www.MMLP.com. MMLP also expects to release its full year 2025 financial guidance in conjunction with the earnings release. About MMLP Martin Midst...

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) announced it has declared a quarterly cash distribution of $0.005 per unit for the quarter ended December 31, 2024. The distribution is payable on February 14, 2025, to common unitholders of record as of the close of business on February 7, 2025. The ex-dividend date for the cash distribution is February 7, 2025. Mar...

Midstream corporation Williams (WMB) offered insight into its recently completed Transco expansion project. Transco's Southside Reliability Enhancement has been placed into full service as of last month.

To the surprise of investors, the acquisition of Martin Midstream Partners was called off. Despite the turbulence this caused to their unit price, at least their underlying cash flow performance was solid during 2023 and 2024. Looking ahead into 2025, they have strong prospects for higher distributions thanks to their outlook for relatively significant free cash flow.

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (“MMLP”) (Nasdaq: MMLP) today announced the termination of the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated October 3, 2024, with Martin Resource Management Corporation (“MRMC”), pursuant to which MRMC would have acquired all of the outstanding common units of MMLP not already owned by MRMC and ...

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (“MMLP”) (Nasdaq: MMLP) is pleased to announce that leading independent proxy advisory firm Glass Lewis & Co. (“Glass Lewis”) joins Institutional Shareholder Services Inc (“ISS”) in recommending that unitholders vote “FOR” the pending transaction with Martin Resource Management Corporation (“MRMC”) in advance of the upcoming MMLP S...