Martin Midstream Partners LP (MMLP) Files 10-K for the Fiscal Year Ended on December 31, 2018

Martin Midstream Partners LP (MMLP, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Martin Midstream Partners LP provides terminalling and storage services for petroleum products and by-products; natural gas services; sulfur and sulfur-based products and marine transportation services. Martin Midstream Partners LP has a market cap of $485.620 million; its shares were traded at around $12.44 with a P/E ratio of 11.08 and P/S ratio of 0.49. The dividend yield of Martin Midstream Partners LP stocks is 16.07%.

For the last quarter Martin Midstream Partners LP reported a revenue of $252.8 million, compared with the revenue of $305.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $972.7 million, an increase of 2.8% from last year. For the last five years Martin Midstream Partners LP had an average revenue decline of 11.8% a year.

The reported diluted earnings per share was $1.11 for the year, an increase of 152.3% from previous year. The Martin Midstream Partners LP had an operating margin of 4.64%, compared with the operating margin of 6.5% a year before. The 10-year historical median operating margin of Martin Midstream Partners LP is 5.09%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Martin Midstream Partners LP has the cash and cash equivalents of $0.24 million, compared with $0.03 million in the previous year. The long term debt was $656.5 million, compared with $812.6 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Martin Midstream Partners LP has a financial strength rank of 4 (out of 10).

At the current stock price of $12.44, Martin Midstream Partners LP is traded at 20% discount to its historical median P/S valuation band of $15.55. The P/S ratio of the stock is 0.49, while the historical median P/S ratio is 0.62. The stock lost 14.11% during the past 12 months.

CEO Recent Trades:

  • President and CEO, 10% Owner Ruben S Martin bought 804 shares of MMLP stock on 01/25/2019 at the average price of $13. The price of the stock has decreased by 4.31% since.

CFO Recent Trades:

  • Executive VP and CFO Robert D Bondurant bought 523 shares of MMLP stock on 01/25/2019 at the average price of $13. The price of the stock has decreased by 4.31% since.

For the complete 20-year historical financial data of MMLP, click here.