Martin Midstream Partners

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, USMap
Websitemartinmidstream.com
Employee Ratings3More
View Jobs

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2017)784
Revenue (FY, 2018)$972.7 M(+3%)
Share Price (Mar 2019)$12.5

Key People/Management at Martin Midstream Partners

Ruben S. Martin

Ruben S. Martin

President, Chief Executive Officer and Director
Robert D. Bondurant

Robert D. Bondurant

Executive Vice President, Chief Financial Officer and Director
Randall L. Tauscher

Randall L. Tauscher

Executive Vice President and Chief Operating Officer
Chris Booth

Chris Booth

Executive Vice President, Chief Legal Officer, General Counsel and Secretary
Sharon Taylor

Sharon Taylor

Head of Investor Relations
Rick Freed

Rick Freed

Vice President - Marine
Show more

Martin Midstream Partners Office Locations

Martin Midstream Partners has an office in Kilgore
Kilgore, US (HQ)
Kilgore, TX 75663, USA
Show all (1)
Report incorrect company information

Martin Midstream Partners Financials and Metrics

Martin Midstream Partners Revenue

Martin Midstream Partners's revenue was reported to be $972.66 m in FY, 2018
USD

Revenue (FY, 2018)

972.7m

Net income (FY, 2018)

44.1m

EBIT (FY, 2018)

44.8m

Market capitalization (18-Mar-2019)

486.9m

Closing stock price (18-Mar-2019)

12.5

Cash (31-Dec-2018)

237.0k

EV

1.1b
Martin Midstream Partners's current market capitalization is $486.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.6b1.7b1.0b827.4m946.1m972.7m

Revenue growth, %

1%(37%)(20%)

General and administrative expense

29.4m36.8m34.4m39.0m37.7m

Operating expense total

1.6b964.5m788.1m886.8m927.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q2, 2015Q1, 2016Q2, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

359.6m497.0m418.9m251.1m225.6m190.3m193.9m193.1m284.2m500.8m219.0m

Cost of goods sold

349.4m154.5m

Gross profit

151.4m64.5m

Gross profit Margin, %

30%29%
show all
Annual
USDFY, 2013Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018

Cash

16.5m42.0k31.0k31.0k15.0k27.0k237.0k

Accounts Receivable

Inventories

94.9m88.7m75.9m75.9m82.6m97.3m85.1m

Current Assets

297.5m287.8m167.8m167.8m194.0m242.7m194.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q2, 2015Q1, 2016Q2, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

45.0k4.4m2.7m24.0k46.0k28.0k32.0k15.0k184.0k610.0k3.2m

Inventories

106.8m94.8m113.3m76.6m57.9m90.6m101.7m130.6m73.9m113.1m134.1m

Current Assets

286.5m257.8m298.7m170.4m134.9m154.2m192.9m225.9m200.1m209.3m243.7m

PP&E

608.5m632.4m640.4m997.2m980.5m969.1m848.6m839.7m833.2m822.8m814.3m
show all
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(13.4m)(11.7m)38.4m31.7m17.1m44.1m

Depreciation and Amortization

52.2m68.8m92.3m92.1m85.2m76.9m

Inventories

3.8m5.7m12.8m(6.8m)(14.7m)11.8m

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q2, 2015Q1, 2016Q2, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

25.9m11.8m10.8m28.2m15.9m14.7m14.6m(1.7m)12.8m5.6m45.0m

Depreciation and Amortization

37.9m14.0m28.6m45.4m22.0m44.1m45.7m65.9m19.2m40.1m58.8m

Inventories

(8.4m)131.0k(18.4m)12.2m18.0m(14.8m)(19.1m)(48.0m)23.3m(15.9m)(37.1m)

Cash From Operating Activities

62.2m36.5m20.9m104.1m45.3m74.8m45.8m27.6m55.4m58.5m32.5m
show all
USDY, 2018

EV/EBIT

25.5 x

EV/CFO

12.6 x
Show all financial metrics
Report incorrect company information

Competitors

OMV Petrom
Energy & Utilities - Public
Matador Resources Company
Energy & Utilities - Public
Petronas
Energy & Utilities - Private
Shell
Energy & Utilities - Public
Compare competitors

Martin Midstream Partners News and Updates

February 26, 2019

Martin Midstream Partners L.P. Announces 2018 K-1 Tax Packages Now Available

KILGORE, Texas, Feb. 26, 2019 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (the “Partnership”) announced today that the Partnership’s 2018 tax packages, which includes Schedule K-1, are now available to download from the Partnership’s website and may be accessed at https://www.taxpackagesupport.com/martinmidstream.…
February 13, 2019

Martin Midstream Partners Reports 2018 Fourth Quarter Financial Results

KILGORE, Texas, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today its financial results for the three months and year ended December 31, 2018.
January 02, 2019

Martin Midstream Partners L.P. Completes Acquisition of Martin Transport, Inc.

KILGORE, Texas, Jan. 02, 2019 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ:MMLP) (the “Partnership”) announced today the completion of its previously announced purchase of Martin Transport, Inc. (“MTI”) from Martin Resource Management Corporation.  MTI operates a fleet of tank trucks…
November 13, 2018

Martin Midstream Partners L.P. Announces Participation in the RBC Capital Markets’ Midstream Conference

KILGORE, Texas, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that members of executive management will participate in the 2018 RBC Capital Markets’ Midstream Conference on November 13-14, 2018, in Dallas, Texas. A cop…
May 16, 2018

Martin Midstream Partners Management Needs To Get Its Act Together

April 26, 2018

Martin Midstream Partners L.P. 2018 Q1 - Results - Earnings Call Slides

Show more
Report incorrect company information

Martin Midstream Partners Blogs

January 10, 2019

Martin Midstream Partners to Announce Fourth Quarter Financial Results on February 13

Martin Midstream Partners to Announce Fourth Quarter Financial Results on February 13 Content Import Thu, 01/10/2019 - 16:04 Martin Midstream Partners to Announce Fourth Quarter Financial Results on February 13 January 10, 2019 at 4:01 PM EST This release is a…
November 30, 2018

Martin Midstream Partners L.P. Announces Participation in the Wells Fargo Midstream and Utility Symposium

KILGORE, Texas , Nov. 30, 2018 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that members of executive management will participate in the 2018 Wells Fargo Midstream and Utility Symposium on December 5-6, 2018 in New York, New York .
August 01, 2018

Martin Midstream Partners L.P. Completes the Previously Announced Divestiture of the West Texas LPG Pipeline Interest

Martin Midstream Partners L.P. Completes the Previously Announced Divestiture of the West Texas LPG Pipeline Interest Content Import Wed, 08/01/2018 - 08:32 Martin Midstream Partners L.P. Completes the Previously Announced Divestiture of the West Texas LPG Pipeline Interest …
July 19, 2018

Martin Midstream Partners Announces Quarterly Cash Distribution

Martin Midstream Partners Announces Quarterly Cash Distribution Content Import Thu, 07/19/2018 - 16:04 Martin Midstream Partners Announces Quarterly Cash Distribution July 19, 2018 at 4:02 PM EDT This release is a backfill from a News Wire Gener…

 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 Ruben S. Martin, Robert D. Bondurant and Randall L. Tauscher.

  • How many employees does Martin Midstream Partners have?

    Martin Midstream Partners has 784 employees.

  • What is Martin Midstream Partners revenue?

    Latest Martin Midstream Partners annual revenue is $972.7 m.

  • What is Martin Midstream Partners revenue per employee?

    Latest Martin Midstream Partners revenue per employee is $1.2 m.

  • Who are Martin Midstream Partners competitors?

    Competitors of Martin Midstream Partners include OMV Petrom, Matador Resources Company and Petronas.

  • 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 an office in Kilgore.

  • How many offices does Martin Midstream Partners have?

    Martin Midstream Partners has 1 office.

Need Data?

Craft can deliver 250+ data points of financial, operating, and human capital indicators on companies via API.

Learn more