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Martin Midstream Partners

  • Revenue$882.4 MFY, 2021
  • Market Capitalization$173.4 M2022-08-01

OverviewSuggest Edit

Martin Midstream Partners collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The Company's four business lines include terminalling and storage services for petroleum products and by-products, including the refining of naphthenic crude oil and the blending and packaging of finished lubricants; natural gas services, including liquids transportation and distribution services, and natural gas storage; sulfur and sulfur-based products processing, manufacturing, marketing and distribution, and marine transportation services for petroleum products and by-products.
TypePublic
Founded2002
HQKilgore, TX, USMap
Websitemmlp.com
Employee Ratings3
View Jobs (82)

Recent NewsAll News

Latest Updates

Job Openings82
Revenue (FY, 2021)$882.4 M(+5%)
Share Price (Aug 2022)$4.5
Cybersecurity ratingAMore
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Key People/Management at Martin Midstream Partners

Randall L. Tauscher

Randall L. Tauscher

Executive Vice President and Chief Operating Officer
Ruben Martin

Ruben Martin

President, Chief Executive Officer and Director
Chris Booth

Chris Booth

Executive Vice President, Chief Legal Officer, General Counsel and Secretary
Christopher Reid

Christopher Reid

Director
Sharon Taylor

Sharon Taylor

Head of Investor Relations
Rick Freed

Rick Freed

Vice President - Marine
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Martin Midstream Partners Office Locations

Martin Midstream Partners has offices in Kilgore, Amelia, Andover, Beaumont and in 26 other locations
Kilgore, TX, US (HQ)
Kilgore, TX 75663, USA
Amelia, LA, US
141 Offshore Ln
Andover, KS, US
550 North 159th St E #207
Beaumont, TX, US
1 Gulf States Rd
Cactus, TX, US
109 Schroeter Ave
Galveston, TX, US
1300 Coastwide Rd
Show all (42)

Martin Midstream Partners Financials and Metrics

Martin Midstream Partners Revenue

Martin Midstream Partners's revenue was reported to be $882.43 m in FY, 2021
USD

Revenue (Q2, 2022)

20.4m

Market capitalization (1-Aug-2022)

173.4m

Closing stock price (1-Aug-2022)

4.5

Cash (30-Jun-2022)

43.0k

EV

662.7m
Martin Midstream Partners's current market capitalization is $173.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2021

Revenue

1.2b1.5b1.6b1.6b1.0b827.4m946.1m972.7m847.1m882.4m

Revenue growth, %

1%(37%)(20%)

Cost of goods sold

990.9m1.2b1.3b1.3b641.4m471.7m613.6m684.6m492.8m533.1m

Gross profit

246.2m292.8m335.2m361.5m395.4m355.7m332.5m288.0m354.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

292.2m316.3m338.3m292.9m317.9m433.7m358.2m359.6m497.0m418.9m390.0m305.4m251.1m226.0m225.6m190.3m174.5m253.3m193.9m193.1m284.2m500.8m219.0m251.0m198.9m19.9m20.7m201.0m18.7m19.0m279.2m20.4m

Cost of goods sold

230.7m256.0m268.2m227.8m251.7m345.4m276.6m283.0m406.6m330.7m299.4m203.8m151.8m135.1m129.9m103.2m95.7m159.1m119.4m122.9m198.3m349.4m154.5m152.8m108.8m114.9m171.6m

Gross profit

61.5m60.3m70.1m65.1m66.2m88.3m81.6m76.6m90.4m88.2m90.5m101.5m99.3m90.9m95.7m87.1m78.8m94.2m74.5m70.2m85.9m151.4m64.5m98.2m90.1m86.1m

Gross profit Margin, %

21%19%21%22%21%20%23%21%18%21%23%33%40%40%42%46%45%37%38%36%30%30%29%39%45%43%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2021

Cash

266.0k5.2m16.5m42.0k42.0k31.0k31.0k15.0k27.0k237.0k2.9m52.0k

Accounts Receivable

126.5m190.7m163.9m134.2m74.4m107.2m79.0m87.3m84.2m

Prepaid Expenses

2.0m2.8m7.4m6.8m5.7m4.9m5.3m5.8m

Inventories

78.2m96.0m94.9m88.7m88.7m75.9m75.9m82.6m97.3m85.1m62.5m62.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

67.0k296.0k8.8m106.0k27.0k47.0k17.0k45.0k4.4m2.7m3.0m37.0k24.0k13.0k46.0k28.0k10.0k39.0k32.0k15.0k184.0k610.0k3.2m227.0k68.0k52.0k1.9m1.1m681.0k6.8m312.0k43.0k

Accounts Receivable

99.1m99.2m112.1m97.5m121.0m134.0m124.0m147.6m133.6m145.4m132.8m94.5m75.2m63.9m59.2m50.4m46.3m61.4m51.0m64.1m84.6m77.4m59.1m48.5m55.5m65.2m55.1m75.7m84.1m73.5m

Prepaid Expenses

1.2m908.0k2.0m2.1m1.5m3.8m6.3m9.1m7.7m11.2m10.3m6.7m7.6m6.3m4.7m5.1m4.4m3.9m4.8m3.7m6.0m7.1m

Inventories

63.6m80.9m81.5m83.8m116.3m71.2m93.3m106.8m94.8m113.3m120.4m68.6m76.6m91.8m57.9m90.6m107.5m62.1m101.7m130.6m73.9m113.1m134.1m70.5m46.8m65.7m77.7m38.7m71.4m98.1m54.3m117.8m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2021

Net Income

24.3m102.0m(13.4m)(11.7m)38.4m31.7m17.1m44.1m(174.9m)(211.0k)

Depreciation and Amortization

45.0m42.1m52.2m68.8m92.3m92.1m85.2m76.9m60.1m56.8m

Inventories

(25.5m)(2.7m)3.8m5.7m12.8m(6.8m)(14.7m)11.8m21.5m(8.3m)

Accounts Payable

43.6m17.6m(6.0m)(26.3m)(44.2m)3.3m20.0m(27.5m)(898.0k)14.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

16.1m21.5m10.5m17.7m90.1m16.6m25.7m25.9m11.8m10.8m(16.1m)17.2m28.2m31.5m15.9m14.7m13.8m13.6m14.6m(1.7m)12.8m5.6m45.0m(3.7m)8.8m6.6m(4.2m)2.5m(4.1m)(11.0m)11.5m18.1m

Depreciation and Amortization

22.3m33.7m11.1m19.5m29.5m11.9m24.2m37.9m14.0m28.6m45.3m22.7m45.4m68.7m22.0m44.1m66.3m25.3m45.7m65.9m19.2m40.1m58.8m19.0m15.2m30.6m45.9m14.4m28.9m42.9m14.5m29.3m

Inventories

(10.9m)(28.2m)(3.3m)(6.1m)(38.6m)25.5m4.9m(8.4m)131.0k(18.4m)(25.2m)20.2m12.2m(3.1m)18.0m(14.8m)(31.6m)20.6m(19.1m)(48.0m)23.3m(15.9m)(37.1m)15.7m15.7m(3.1m)(15.2m)15.1m(17.6m)(44.4m)7.8m(55.7m)

Accounts Payable

7.8m11.6m(29.9m)(16.5m)(8.5m)(24.4m)(29.3m)(29.6m)(19.6m)(23.6m)(29.6m)(46.5m)(46.3m)(59.1m)(13.1m)(3.4m)(15.8m)(2.6m)(4.1m)2.2m(3.6m)10.9m(10.4m)(16.5m)(17.1m)2.0m3.3m21.1m8.7m37.7m
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Show all financial metrics

Martin Midstream Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

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Martin Midstream Partners Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

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Martin Midstream Partners Online and Social Media Presence

Martin Midstream Partners's Trends

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Martin Midstream Partners News and Updates

December 22, 2020

Martin Midstream Partners L.P. Announces Sale of Mega Lubricants

KILGORE, Texas, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today the sale of certain assets used in connection with the Mega Lubricants shore-based terminals business to John W. Stone Oil Distributor, LLC (“Stone Oil”) fo…
November 25, 2020

Martin Midstream Partners L.P. to Participate in Investor Conferences

KILGORE, Texas, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (the “Partnership”) announced today that members of executive management will participate in the BofA Leveraged Finance Conference on Tuesday, December 1, 2020; and the Wells Fargo Midstream and Utility…
July 24, 2019

Martin Midstream Partners Reports Second Quarter 2019 Financial Results and Revised Guidance

KILGORE, Texas, July 24, 2019 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today its financial results for the second quarter of 2019.
July 18, 2019

Martin Midstream Partners L.P. Amends and Extends Revolving Credit Facility and Announces Quarterly Cash Distribution

KILGORE, Texas, July 18, 2019 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today that the Partnership has successfully amended and extended its revolving credit facility.  The amended facility extends the maturity date by approximately 3.4 years to…
July 11, 2019

Martin Midstream Partners to Announce Second Quarter 2019 Earnings on July 24

KILGORE, Texas, July 11, 2019 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) plans to publicly announce its financial results for the second quarter ended June 30, 2019 after the market closes on July 24, 2019.
June 04, 2019

Martin Midstream Partners L.P. Files Universal Shelf Registration Statement

KILGORE, Texas, June 04, 2019 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (“the Partnership”) (NASDAQ: MMLP) announced today the filing of a universal shelf registration statement.
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Martin Midstream Partners Blogs

November 17, 2020

Martin Midstream Partners L.P. Announces Participation in the RBC Capital Markets Midstream and Energy Infrastrucure Virtual Conference

Martin Midstream Partners L.P. Announces Participation in the RBC Capital Markets Midstream and Energy Infrastrucure Virtual Conference Content Import Tue, 11/17/2020 - 16:01 Martin Midstream Partners L.P. Announces Participation in the RBC Capital Markets Midstream and Energy Infrastrucur…
October 21, 2020

Martin Midstream Partners Reports Third Quarter 2020 Financial Results and Declares Quarterly Cash Distribution

Financial performance exceeds expectations in challenging environment Reported net loss of $10.8 million and $4.2 million for the three and nine months ended September 30, 2020 , respectively, which were negatively impacted by an $8.5 million charge related to the exchange of our senior notes
October 08, 2020

Martin Midstream Partners to Announce 2020 Third Quarter Financial Results and Quarterly Cash Distribution on October 21

Martin Midstream Partners to Announce 2020 Third Quarter Financial Results and Quarterly Cash Distribution on October 21 Content Import Thu, 10/08/2020 - 16:01 Martin Midstream Partners to Announce 2020 Third Quarter Financial Results and Quarterly Cash Distribution on October 21 …
August 28, 2020

Martin Midstream Partners L.P. Provides Operational Update Following Hurricane Laura

Martin Midstream Partners L.P. Provides Operational Update Following Hurricane Laura Content Import Fri, 08/28/2020 - 16:01 Martin Midstream Partners L.P. Provides Operational Update Following Hurricane Laura August 28, 2020 at 4:01 PM EDT This release is a ba…
August 12, 2020

Martin Midstream Partners Announces Successful Completion of Exchange Offer and Cash Tender Offer

Martin Midstream Partners Announces Successful Completion of Exchange Offer and Cash Tender Offer Content Import Wed, 08/12/2020 - 16:00 Martin Midstream Partners Announces Successful Completion of Exchange Offer and Cash Tender Offer August 12, 2020 at 4:00 PM EDT …
August 10, 2020

Martin Midstream Partners L.P. Announces Expiration and Results of Exchange Offer and Cash Tender Offer

Martin Midstream Partners L.P. Announces Expiration and Results of Exchange Offer and Cash Tender Offer Content Import Mon, 08/10/2020 - 09:01 Martin Midstream Partners L.P. Announces Expiration and Results of Exchange Offer and Cash Tender Offer August 10, 2020 at 9:00 AM E…
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 Martin Midstream Partners Frequently Asked Questions

  • When was Martin Midstream Partners founded?

    Martin Midstream Partners was founded in 2002.

  • Who are Martin Midstream Partners key executives?

    Martin Midstream Partners's key executives are Randall L. Tauscher, Ruben Martin and Chris Booth.

  • What is Martin Midstream Partners revenue?

    Latest Martin Midstream Partners annual revenue is $882.4 m.

  • Who are Martin Midstream Partners competitors?

    Competitors of Martin Midstream Partners include DCP Midstream Partners, ShinHsiung Natural Gas and Gas Malaysia.

  • Where is Martin Midstream Partners headquarters?

    Martin Midstream Partners headquarters is located at Kilgore, TX 75663, USA, Kilgore.

  • Where are Martin Midstream Partners offices?

    Martin Midstream Partners has offices in Kilgore, Amelia, Andover, Beaumont and in 26 other locations.

  • How many offices does Martin Midstream Partners have?

    Martin Midstream Partners has 42 offices.