MMLP
MMLP 1-star rating from Upturn Advisory

Martin Midstream Partners LP (MMLP)

Martin Midstream Partners LP (MMLP) 1-star rating from Upturn Advisory
$2.6
Last Close (24-hour delay)
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Upturn Advisory Summary

11/11/2025: MMLP (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $4

1 Year Target Price $4

Analysts Price Target For last 52 week
$4 Target price
52w Low $2.49
Current$2.6
52w High $3.99

Analysis of Past Performance

Type Stock
Historic Profit -5.71%
Avg. Invested days 38
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/11/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 101.54M USD
Price to earnings Ratio -
1Y Target Price 4
Price to earnings Ratio -
1Y Target Price 4
Volume (30-day avg) 1
Beta 0.54
52 Weeks Range 2.49 - 3.99
Updated Date 11/11/2025
52 Weeks Range 2.49 - 3.99
Updated Date 11/11/2025
Dividends yield (FY) 0.77%
Basic EPS (TTM) -0.52

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-10-15
When After Market
Estimate -0.02
Actual -0.2111

Profitability

Profit Margin -2.86%
Operating Margin (TTM) 3.97%

Management Effectiveness

Return on Assets (TTM) 4.96%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE 22.62
Enterprise Value 610399223
Price to Sales(TTM) 0.14
Enterprise Value 610399223
Price to Sales(TTM) 0.14
Enterprise Value to Revenue 0.86
Enterprise Value to EBITDA 6.84
Shares Outstanding 39055086
Shares Floating 31613139
Shares Outstanding 39055086
Shares Floating 31613139
Percent Insiders 32.08
Percent Institutions 44.29

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Martin Midstream Partners LP

Martin Midstream Partners LP(MMLP) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Martin Midstream Partners L.P. (MMLP) was formed in 2002 by Martin Resource Management Corporation. Initially focused on terminalling, storage, and transportation of petroleum products and by-products, it has evolved to include specialized logistics services. Significant milestones include expansions of its terminalling and storage facilities and strategic acquisitions to broaden its service offerings. The company has faced financial restructuring in recent years.

Company business area logo Core Business Areas

  • Terminalling and Storage: Provides storage, processing, blending, and distribution services for petroleum products and by-products. Includes marine and inland terminals.
  • Transportation: Offers transportation services for petroleum products, crude oil, and chemicals via barges and trucks.
  • Sulfur Services: Focuses on the marketing, processing, and distribution of sulfur and sulfur-based products.
  • Natural Gas Services: Includes natural gas liquids (NGL) storage, fractionation, and transportation.

leadership logo Leadership and Structure

Ruben S. Martin III is the President and CEO. The company operates as a master limited partnership (MLP) with a board of directors overseeing management.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Terminalling and Storage Services: Provides storage solutions for refined products, crude oil, and specialty chemicals. Market share data is difficult to ascertain precisely for MMLP's niche services; competitors include larger terminal operators like Kinder Morgan (KMI) and Magellan Midstream Partners (MMP).
  • Sulfur-Based Products: Markets and distributes sulfur and sulfur-based products used in agriculture and industrial applications. Market share is dependent on geographic location and customer base. Competitors include other sulfur producers and distributors, such as Nutrien (NTR) and Mosaic (MOS).

Market Dynamics

industry overview logo Industry Overview

The midstream energy sector involves the transportation, storage, and processing of crude oil, natural gas, and refined products. It is heavily influenced by energy prices, regulatory changes, and infrastructure development.

Positioning

Martin Midstream Partners L.P. operates in a niche segment of the midstream sector, focusing on specialized services and smaller-scale operations. Its competitive advantages include its strategic asset locations and established customer relationships.

Total Addressable Market (TAM)

The overall TAM for midstream services is in the hundreds of billions of dollars annually. Martin Midstream Partners LP holds a smaller position focused on sulfur and niche terminalling services within this TAM.

Upturn SWOT Analysis

Strengths

  • Strategic asset locations
  • Established customer relationships
  • Specialized service offerings (sulfur services)
  • Experienced management team

Weaknesses

  • High debt levels
  • Limited financial flexibility
  • Small market capitalization
  • Dependence on specific geographic regions

Opportunities

  • Expanding infrastructure development in key regions
  • Increasing demand for specialized terminalling services
  • Strategic acquisitions to expand service offerings
  • Improving energy market conditions

Threats

  • Fluctuations in energy prices
  • Regulatory changes impacting the midstream sector
  • Increased competition from larger players
  • Economic downturn impacting demand for energy products

Competitors and Market Share

Key competitor logo Key Competitors

  • Kinder Morgan (KMI)
  • Magellan Midstream Partners (MMP)
  • Nutrien (NTR)
  • Mosaic (MOS)

Competitive Landscape

Martin Midstream Partners L.P. faces significant competition from larger, more financially stable players in the midstream sector. Its success depends on its ability to maintain customer relationships and operate efficiently in its niche markets.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been inconsistent, with periods of expansion followed by financial challenges.

Future Projections: Future projections are speculative due to the company's current state and lack of public financial data.

Recent Initiatives: Recent initiatives likely focused on debt restructuring and operational improvements to stabilize the business.

Summary

Martin Midstream Partners L.P. has experienced financial difficulties and has since been delisted, resulting in its high debt. Its core business in terminalling and sulfur services could be promising. To survive, MMLP needs to undergo significant restructuring, improve its balance sheet, and navigate a competitive energy market landscape. The company's long-term viability remains uncertain without more recent financial data and strategic direction.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings (historical)
  • Industry reports
  • Financial news sources
  • Market research reports

Disclaimers:

The information provided is based on available public data and industry knowledge. Due to the company's financial situation and delisting, some data may be outdated or unavailable. This analysis is not financial advice.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Martin Midstream Partners LP

Exchange NASDAQ
Headquaters Kilgore, TX, United States
IPO Launch date 2002-11-01
President, CEO & Director of Martin Midstream GP LLC Mr. Robert D. Bondurant CPA
Sector Energy
Industry Oil & Gas Midstream
Full time employees -
Full time employees -

Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products in the United States. It operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The company owns or operates various marine shore-based terminal facilities and specialty terminal facilities that provide storage, refining, and handling services for producers and suppliers of petroleum products and by-products, as well as refining of naphthenic crude oil; and offers land rental services to oil and gas companies and storage and handling services for lubricants and fuels. It also operates a fleet of land transportation and marine transportation assets that transport petroleum products and by-products, petrochemicals, and chemicals; and provides refinery and petrochemical services, including transportation of heavy tank bottoms by-products and other petroleum products, hauling natural gas liquids, molten sulfur, sulfuric acid, paper mill liquids, chemicals, and numerous other bulk liquid commodities. In addition, the company processes molten sulfur into prilled or pelletized sulfur; and purchase and sell molten sulfur; and stores, distributes, sells, and transports natural gas liquids for wholesale deliveries, industrial natural gas liquid users, and propane retailers. Martin Midstream Partners L.P. was founded in 1951 and is based in Kilgore, Texas.