Martin Midstream Partners LP

Company Profile

Martin Midstream Partners LP had its IPO on 2002-11-01 under the ticker symbol MMLP.

The company operates in the Energy sector and Oil & Gas Midstream industry. Martin Midstream Partners LP has a staff strength of 0 employees.

Stock update

Shares of Martin Midstream Partners LP opened at $3.02 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.98 - $3.11, and closed at $3.07.

This is a +2.33% increase from the previous day's closing price.

A total volume of 72,502 shares were traded at the close of the day’s session.

In the last one week, shares of Martin Midstream Partners LP have increased by +0.33%.

Martin Midstream Partners LP's Key Ratios

Martin Midstream Partners LP has a market cap of $116.74 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.1157.

In the last 12-months Martin Midstream Partners LP’s revenue was $912.85 million with a gross profit of $143.69 million and an EBITDA of $85.91 million. The EBITDA ratio measures Martin Midstream Partners LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Martin Midstream Partners LP’s operating margin was 3.67% while its return on assets stood at 3.67% with a return of equity of 0%.

In Q2, Martin Midstream Partners LP’s quarterly earnings growth was a negative -83.7% while revenue growth was a negative 26.7%.

Martin Midstream Partners LP’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

12.84

Its diluted EPS in the last 12-months stands at $-0.82 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 12.84. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Martin Midstream Partners LP’s profitability.

Martin Midstream Partners LP stock is trading at a EV to sales ratio of 0.6619 and a EV to EBITDA ratio of 6.1487. Its price to sales ratio in the trailing 12-months stood at 0.1157.

Martin Midstream Partners LP stock pays annual dividends of $0.02 per share, indicating a yield of 0.63% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$502.82 million

Total Liabilities

$88.78 million

Operating Cash Flow

$-9192000.00

Capital Expenditure

$9.50 million

Dividend Payout Ratio

0%

Martin Midstream Partners LP ended 2024 with $502.82 million in total assets and $0 in total liabilities. Its intangible assets were valued at $502.82 million while shareholder equity stood at $32.28 million.

Martin Midstream Partners LP ended 2024 with $0 in deferred long-term liabilities, $88.78 million in other current liabilities, in common stock, $0 in retained earnings and $16.67 million in goodwill. Its cash balance stood at $57000.00 and cash and short-term investments were $57000.00. The company’s total short-term debt was $11,649,000 while long-term debt stood at $436.48 million.

Martin Midstream Partners LP’s total current assets stands at $117.23 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $59.38 million compared to accounts payable of $48.47 million and inventory worth $50.87 million.

In 2024, Martin Midstream Partners LP's operating cash flow was $-9192000.00 while its capital expenditure stood at $9.50 million.

Comparatively, Martin Midstream Partners LP paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.07

52-Week High

$3.8613

52-Week Low

$1.9461

Analyst Target Price

$3

Martin Midstream Partners LP stock is currently trading at $3.07 per share. It touched a 52-week high of $3.8613 and a 52-week low of $3.8613. Analysts tracking the stock have a 12-month average target price of $3.

Its 50-day moving average was $2.5 and 200-day moving average was $2.65 The short ratio stood at 0.58 indicating a short percent outstanding of 0%.

Around 2553.9% of the company’s stock are held by insiders while 4153.6% are held by institutions.