XNAS
MMLP
Market cap80mUSD
Oct 21, Last price
2.12USD
1D
1.99%
1Q
-16.84%
Jan 2017
-88.83%
IPO
-88.53%
Name
Martin Midstream Partners LP
Chart & performance
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Profile
Martin Midstream Partners L.P., established in 2002 and headquartered in Kilgore, Texas, is a diversified energy logistics company operating primarily along the U.S. Gulf Coast. Through its subsidiaries, the company specializes in the handling, processing, storage, and transport of petroleum products, by-products, and various chemicals. Its Terminalling and Storage division oversees 15 marine-based and 13 specialized terminal facilities. These sites provide essential services such as storage, refining, blending, packaging, and general handling for petroleum producers and suppliers. Additionally, this segment offers land leasing to oil and gas firms and manages the storage and transfer of lubricants and fuels. The Transportation segment maintains an extensive fleet for moving a range of materials, including petroleum, petrochemicals, and chemicals. This fleet comprises 570 tank trucks, 1,200 trailers, 29 inland marine tank barges, 14 inland push boats, and a single articulated offshore tug and barge unit. Martin Midstream's Sulfur Services segment processes molten sulfur, transforming it into prilled or pelletized forms crucial for fertilizer production and various industrial chemical applications. Finally, the Natural Gas Liquids segment focuses on the storage, distribution, and transport of NGLs. It delivers NGLs wholesale to refineries, industrial consumers, and propane retailers, supported by an impressive 2.1 million barrels of underground NGL storage capacity. Martin Midstream GP LLC serves as the general partner for the company.
Key people
Ruben Martin
Chairman of the Board · since 2024
Robert Bondurant
President, Chief Executive Officer, Director · since 2024
Chief Financial Officer, Executive Vice President of Martin Midstream GP LLC · since 2021
Randall Tauscher
Chief Operating Officer, Executive Vice President · since 2024
Scot Shoup
Senior Vice President - Operations of Martin Midstream GP LLC · since 2011
Chris Booth
Executive Vice President, Chief Legal Officer, General Counsel, Secretary · since 2024
Independent Director · since 2024
Byron Kelley
Independent Director · since 2024
C. Scott Massey
Independent Director · since 2024
IPO date
Nov 01, 2002
Employees
1,292
Domiciled in
US
Incorporated in
US
Valuation
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