Our four primary business lines include:
- Terminalling, storage and packaging services for petroleum products and by-products
- Natural Gas Services, including liquids transportation and distribution services and natural gas storage
- Sulfur and sulfur-based products processing, manufacturing, marketing and distribution
- Marine transportation services for petroleum products and by-products
The petroleum products and by-products we collect, transport, store and distribute are produced primarily by the independent oil and gas companies who often turn to third parties, such as us, for the transportation and disposition of these products. In addition to these major and independent oil and gas companies, our primary customers include independent refiners, large chemical companies, fertilizer manufacturers and other wholesale purchasers of these products. We operate primarily in the Gulf Coast region of the U.S., which is a major hub for petroleum refining, natural gas gathering and processing and support services for the exploration and production industry. Our diversified asset base enables us to offer our customers an integrated distribution network consisting of transportation terminalling, distribution and midstream logistical services.
Martin Midstream Partners Office Locations
Martin Midstream Partners Data and Metrics
Martin Midstream Partners Financial Metrics
Revenue (Y, 2016) | 827.4 m |
Revenue growth (Y, 2015 - Y, 2016), % | (20%) |
Net income (Y, 2016) | 31.7 m |
EBIT (Y, 2016) | 72.7 m |
Market capitalization (27-Jun-2017) | 684.5 m |
Closing share price (27-Jun-2017) | 18 |
Cash (31-Dec-2016) | 15 k |
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | Y, 2016 |
|---|---|---|---|---|---|---|---|
Revenue | 1.6 b | 1.7 b | 1 b | 827.4 m | |||
Revenue growth, % | 1% | (37%) | (20%) | ||||
Gross profit | 344 m | 372.4 m | 395.4 m | ||||
Gross profit Margin, % | 21% | 23% | 38% | ||||
Operating expense total | 113.4 m | 134.7 m | 146.3 m | 172 m | 184 m | 183.5 m | 788.1 m |
Depreciation and amortization | 36.9 m | 40.3 m | 42.1 m | 51 m | 68.8 m | 92.3 m | |
EBIT | 135.7 m | 62.4 m | 61.2 m | 72.7 m | |||
EBIT margin, % | 8% | 4% | 6% | 9% | |||
Interest expense | 35.3 m | 26.8 m | 30.7 m | 42.5 m | 42.2 m | 43.3 m | 46.1 m |
Income tax expense | 2.6 m | 2.9 m | 3.6 m | 753 k | 1.1 m | 1 m | (726 k) |
Net Income | (13.4 m) | (6.4 m) | 38.4 m | 31.7 m |
| USD | FY, 2013 | Y, 2014 | Y, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 16.5 m | 42 k | 31 k | 15 k |
Inventories | 94.9 m | 88.7 m | 75.9 m | 82.6 m |
Current Assets | 297.5 m | 287.8 m | 167.8 m | 194 m |
PP&E | 624.4 m | 998.3 m | 983.2 m | 845.7 m |
Goodwill | 23.8 m | 23.8 m | 23.8 m | 17.3 m |
Total Assets | 1.1 b | 1.6 b | 1.4 b | 1.2 b |
Current Liabilities | 176.6 m | 163.6 m | 119.2 m | 117.6 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | (13.4 m) | (11.7 m) | 38.4 m | 31.7 m |
Depreciation and Amortization | 52.2 m | 68.8 m | 92.3 m | 92.1 m |
Inventories | 3.8 m | 5.7 m | 12.8 m | (6.8 m) |
Cash From Operating Activities | 112.2 m | 115.6 m | 182.6 m | 110.8 m |
Cash From Investing Activities | (186.8 m) | (324.7 m) | (23.8 m) | 63.8 m |
Long-term Borrowings | (650 m) | (1.5 b) | (308.8 m) | (386.7 m) |
Cash From Financing Activities | 86 m | 192.6 m | (158.8 m) | (174.7 m) |
| USD | Y, 2016 |
|---|---|
Revenue/Employee | 949.9 k |
