Martin Midstream Partners L.P. (MMLP) Income Statement Analysis

See more : Rongfeng Holding Group Co.,Ltd. (000668.SZ) Income Statement Analysis – Financial Results

Complete financial analysis of Martin Midstream Partners L.P. (MMLP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Martin Midstream Partners L.P., a leading company in the Oil & Gas Midstream industry within the Energy sector.

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Martin Midstream Partners L.P. (MMLP)

Industry: Oil & Gas Midstream

Sector: Energy

Website: https://mmlp.com

About Martin Midstream Partners L.P.

Martin Midstream Partners L.P., together with its subsidiaries, engages in terminalling, processing, storage, and packaging of petroleum products and by-products primarily in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 15 marine shore-based terminal facilities and 13 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Transportation segment operates a fleet of 570 tank trucks and 1,200 trailers; and 29 inland marine tank barges, 14 inland push boats, and 1 articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. Its Natural Gas Liquids segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial NGL users, and propane retailers, as well as owns approximately 2.1 million barrels of underground storage capacity for NGLs. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
Revenue	797.96M	1.02B	882.43M	672.14M	847.12M	972.66M	946.12M	827.39M	1.04B	1.64B	1.63B	1.49B	1.24B	912.12M	662.39M	1.21B	765.82M	576.38M	438.44M	294.14M	192.73M	149.91M	163.12M	199.81M	172.90M
Cost of Revenue	691.79M	679.59M	589.85M	418.39M	552.86M	761.48M	698.78M	563.79M	733.65M	1.35B	1.35B	1.24B	990.90M	693.90M	457.26M	1.01B	618.69M	459.17M	351.82M	229.84M	150.77M	110.51M	119.77M	150.06M	129.93M
Gross Profit	106.18M	339.29M	292.58M	253.75M	294.26M	211.18M	247.34M	263.61M	303.20M	292.70M	282.95M	250.77M	246.17M	218.22M	205.13M	200.43M	147.13M	117.21M	86.62M	64.30M	41.96M	39.40M	43.35M	49.75M	42.96M
Gross Profit Ratio	13.31%	33.30%	33.16%	37.75%	34.74%	21.71%	26.14%	31.86%	29.24%	17.82%	17.32%	16.83%	19.90%	23.92%	30.97%	16.51%	19.21%	20.34%	19.76%	21.86%	21.77%	26.28%	26.58%	24.90%	24.85%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	40.83M	41.81M	41.01M	40.90M	41.43M	37.68M	38.95M	34.39M	36.79M	36.32M	29.40M	25.49M	162.86M	137.52M	19.78M	16.94M	11.99M	10.98M	8.13M	8.39M	6.10M	6.62M	7.51M	7.88M	8.75M
Other Expenses	0.00	246.22M	194.49M	171.26M	194.73M	25.00K	1.10M	1.11M	1.12M	1.51M	542.00K	1.09M	206.49M	178.04M	170.71M	151.05M	118.96M	92.80M	67.66M	49.57M	31.47M	30.82M	32.11M	40.29M	168.15M
Operating Expenses	40.83M	288.03M	235.50M	212.16M	236.16M	166.39M	185.30M	159.85M	222.42M	221.38M	200.27M	176.93M	206.49M	178.04M	170.71M	151.05M	118.96M	92.80M	67.66M	49.57M	31.47M	30.82M	32.11M	40.29M	168.15M
Cost & Expenses	732.61M	967.62M	825.35M	630.55M	789.01M	927.87M	884.08M	723.64M	956.06M	1.57B	1.55B	1.42B	1.20B	871.94M	627.97M	1.16B	737.65M	551.97M	419.48M	279.42M	182.23M	141.33M	151.87M	190.35M	298.09M
Interest Income	0.00	53.67M	54.11M	191.00K	397.00K	336.00K	1.25M	2.56M	2.57M	752.00K	0.00	0.00	-6.37M	0.00	0.00	483.00K	299.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	60.29M	53.67M	54.11M	46.21M	51.69M	52.04M	47.74M	45.97M	43.29M	42.20M	42.50M	30.67M	24.52M	33.72M	19.00M	19.78M	14.53M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	49.90M	56.28M	56.75M	61.46M	60.06M	61.48M	85.20M	92.13M	92.25M	68.83M	52.24M	42.06M	44.96M	40.66M	39.51M	31.22M	23.44M	17.60M	12.63M	8.75M	4.77M	4.49M	4.12M	6.41M	6.91M
EBITDA	111.55M	294.65M	114.03M	93.27M	104.83M	105.50M	147.24M	162.55M	175.18M	141.50M	82.13M	113.41M	94.38M	84.58M	73.40M	94.52M	63.56M	52.31M	31.60M	23.50M	15.26M	13.06M	15.37M	15.88M	-118.28M
EBITDA Ratio	13.98%	10.55%	12.92%	14.75%	13.95%	12.51%	16.13%	24.24%	17.66%	8.96%	5.04%	7.78%	7.61%	9.94%	12.22%	7.79%	6.70%	7.57%	7.15%	7.98%	7.56%	6.57%	8.46%	7.95%	-68.41%
Operating Income	65.35M	51.26M	57.28M	46.50M	58.10M	44.79M	59.82M	72.66M	70.15M	67.87M	82.67M	73.84M	39.68M	40.18M	34.42M	49.59M	28.88M	26.61M	18.96M	14.73M	10.50M	8.58M	11.24M	9.46M	4.74M
Operating Income Ratio	8.19%	5.03%	6.49%	6.92%	6.86%	4.60%	6.32%	8.78%	6.77%	4.13%	5.06%	4.95%	3.21%	4.40%	5.20%	4.09%	3.77%	4.62%	4.32%	5.01%	5.45%	5.72%	6.89%	4.74%	2.74%
Total Other Income/Expenses	-63.98M	-53.67M	-54.11M	-51.54M	-51.68M	-52.31M	-46.64M	-40.35M	-31.94M	-73.10M	-94.07M	-33.16M	-22.43M	-23.50M	-11.63M	-8.84M	-3.29M	-4.37M	-5.08M	-2.40M	894.00K	-417.00K	-3.83M	-7.69M	-6.86M
Income Before Tax	1.37M	-2.41M	3.17M	-5.04M	6.42M	-7.23M	17.49M	32.38M	38.21M	-5.23M	-12.60M	40.68M	24.93M	16.54M	22.80M	43.52M	25.58M	22.24M	13.88M	12.33M	11.98M	8.16M	7.41M	1.78M	-2.12M
Income Before Tax Ratio	0.17%	-0.24%	0.36%	-0.75%	0.76%	-0.74%	1.85%	3.91%	3.69%	-0.32%	-0.77%	2.73%	2.01%	1.81%	3.44%	3.59%	3.34%	3.86%	3.17%	4.19%	6.22%	5.44%	4.54%	0.89%	-1.23%
Income Tax Expense	5.92M	7.93M	3.38M	1.74M	1.90M	369.00K	352.00K	726.00K	1.05M	1.14M	753.00K	3.56M	585.00K	517.00K	592.00K	711.00K	644.00K	10.72M	6.69M	3.33M	1.32M	1.96M	2.74M	-847.00K	-501.00K
Net Income	-4.55M	-10.33M	-211.00K	-6.77M	4.52M	44.11M	17.14M	31.65M	38.38M	-11.71M	-13.35M	101.99M	24.34M	16.02M	22.20M	42.81M	24.94M	22.24M	13.88M	12.33M	11.98M	6.20M	4.68M	930.00K	-1.62M
Net Income Ratio	-0.57%	-1.01%	-0.02%	-1.01%	0.53%	4.53%	1.81%	3.83%	3.70%	-0.71%	-0.82%	6.84%	1.97%	1.76%	3.35%	3.53%	3.26%	3.86%	3.17%	4.19%	6.22%	4.14%	2.87%	0.47%	-0.94%
EPS	-0.11	-0.27	-0.01	-0.18	0.12	1.13	0.44	0.65	0.62	-0.38	-0.51	3.96	0.92	0.63	1.17	2.72	1.67	1.69	1.58	1.45	1.64	0.40	1.61	0.32	-0.56
EPS Diluted	-0.11	-0.27	-0.01	-0.18	0.12	1.13	0.44	0.65	0.62	-0.38	-0.50	3.96	0.92	0.63	1.17	2.72	1.67	1.69	1.58	1.45	1.64	0.40	1.61	0.32	-0.56
Weighted Avg Shares Out	38.77M	38.73M	38.69M	38.66M	38.66M	38.91M	38.10M	35.35M	35.31M	30.79M	26.40M	23.36M	19.55M	17.53M	14.68M	14.53M	14.02M	12.60M	8.58M	8.35M	7.15M	7.15M	2.90M	2.90M	2.90M
Weighted Avg Shares Out (Dil)	38.77M	38.73M	38.69M	38.66M	38.66M	38.92M	38.17M	35.38M	35.37M	30.79M	26.56M	23.37M	19.55M	17.53M	14.68M	14.53M	14.02M	12.60M	8.58M	8.35M	7.15M	7.15M	2.90M	2.90M	2.90M

Martin Midstream Partners Reports Second Quarter 2021 Financial Results and Declares Quarterly Cash Distribution

July 22, 2021businesswire.com

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq:MMLP) (the "Partnership") today announced its financial results for the second quarter of 2021. “For the second quarter of 2021, the Partnership had a solid performance in line with our annual projected cash flows...

Martin Midstream Partners: Solid Improvements, Now A Waiting Game For Multibagger Returns

June 29, 2021seekingalpha.com

Martin Midstream Partners had a near-miss with bankruptcy during 2020 but as they continue deleveraging, they offer multibagger returns.

Martin Midstream Partners L.P. to Participate in the 2021 Bank of America Energy Credit Conference

June 7, 2021businesswire.com

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that members of executive management will host virtual meetings during the 2021 Bank of America Energy Credit Conference taking place June 9-10, 2021. A copy of...

Martin Midstream Partners L.P. to Participate in the 2021 Energy Infrastructure Council Investor Conference

May 11, 2021businesswire.com

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that members of executive management will host virtual meetings during the 2021 Energy Infrastructure Council Investor Conference taking place May 18-21, 2021. A copy of the...

Martin Midstream Partners L.P.'S (MMLP) CEO Bob Bondurant on Q1 2021 Results - Earnings Call Transcript

April 22, 2021seekingalpha.com

Martin Midstream Partners L.P.'S (MMLP) CEO Bob Bondurant on Q1 2021 Results - Earnings Call Transcript

Martin Midstream Partners Reports First Quarter 2021 Financial Results and Declares Quarterly Cash Distribution

April 21, 2021businesswire.com

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq:MMLP) (the "Partnership") today announced its financial results for the first quarter of 2021. “For the first quarter of 2021, the Partnership exceeded our internal earnings forecast by $3.7 million despite headwinds from the...

Martin Midstream Partners Reports First Quarter 2021 Financial Results and Declares Quarterly Cash Distribution

April 21, 2021businesswire.com

Martin Midstream Partners (MMLP) Enters Overbought Territory: Is A Drop Coming?

March 11, 2021zacks.com

Martin Midstream Partners (MMLP) has moved higher as of late, but there could definitely be trouble on the horizon for this company

Martin Midstream Partners Announces 2020 K-1 Tax Package Availability

February 26, 2021businesswire.com

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (the “Partnership”) announced today that the Partnership's 2020 tax package, which includes Schedule K-1, will be available to download after 5:00 p.m. central time today from the Investor Relations section of the...