MMLP / Martin Midstream Partners: Solid Recent Performance, But Distribution Increase Remains Unlikely Until 2024

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) plans to announce financial results for third quarter 2023 more_horizontal

Zara owner Inditex saw shares jump by 6% in Spain to €33.65 after reporting that sales surged 13% in the first quarter. Revenue in the first quarter more_horizontal

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that it will host more_horizontal

Disappointingly, once again Martin Midstream Partners was impacted by unfavorable market conditions during the fourth quarter of 2022. This posed anot more_horizontal

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP”) plans to announce financial results for first quarter 2023 more_horizontal

The Dow Jones jumped by over 250 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company more_horizontal

Martin is issuing $400 million in new second-lien notes due 2028 at 97% of par. The net proceeds will redeem its 2024 and 2025 notes and pay down part more_horizontal

Martin Midstream lowered its 2022 adjusted EBITDA guidance by $12 million at the guidance midpoint. This is still around $13.5 million higher than its more_horizontal