Latest news with #MartinMidstreamPartnersL.P
Business Wire
03-06-2025
- Business
- Business Wire
Martin Midstream Partners L.P. 2024 Schedule K-3 Forms Now Available
KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) ('MMLP') today announced that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedule K-3 at A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent a Schedule K-3 is applicable to federal income tax return filing needs, unitholders are encouraged to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with their tax advisor. To receive an electronic copy of the Schedule K-3 via email, unitholders may call Tax Package Support toll free at (888) 334-7473 weekdays between 8 a.m. and 5 p.m. CT. About Martin Midstream Partners Martin Midstream Partners LP, headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP's primary business lines include: (1) terminalling, processing, and storage services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and (4) marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease. To learn more, visit Follow Martin Midstream Partners L.P. on LinkedIn, Facebook, and X. MMLP-C
Yahoo
02-05-2025
- Business
- Yahoo
Why Martin Midstream Partners L.P. (MMLP) Stock is Gaining This Week
We recently compiled a list of the Energy Stocks that are Gaining This Week. In this article, we are going to take a look at where Martin Midstream Partners L.P. (NASDAQ:MMLP) stands against the other energy stocks. The ongoing artificial intelligence boom is set to transform the global energy sector. According to a recent report by the International Energy Agency, electricity demand from data centers worldwide is set to more than double by 2030 to around 945 terawatt-hours (TWh), slightly more than the entire electricity consumption of Japan today. Moreover, while the American big-tech has kept its focus on renewable energy over the last decade to reduce its carbon footprint, the sector is now also opening up to fossil fuels as a viable option to power its data centers. Natural gas has emerged as a forerunner to power the AI boom, since it is relatively clean, reliable, and abundant. However, gas prices aren't what they used to be, having risen by over 190% since March 2024. Another viable option is nuclear energy, which has gained worldwide attention recently following the CERAWeek conference in March, when several tech giants signed a pledge to support the goal of at least tripling the world's nuclear energy capacity by 2050. There have also been fears recently that the power demand required by the ballooning AI industry may have been overestimated, which led to several energy stocks posting significant declines not so long ago. However, the recently reported better-than-expected results from the cloud and AI businesses of some major American tech companies have somewhat eased these concerns. Aerial view of an oil & gas refinery, showcasing the scale of operations. To collect data for this article, we have referred to several stock screeners to find energy stocks that have surged the most between April 23 and April 30, 2025. The following are the Energy Stocks that Gained the Most This Week. The stocks are ranked according to their share price surge during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). Share Price Gains Between Apr. 23 – Apr. 30: 5.88% Martin Midstream Partners L.P. (NASDAQ:MMLP) provides specialty services to major and independent oil and gas companies, including refineries, chemical companies, and similar businesses. The share price of Martin Midstream Partners L.P. (NASDAQ:MMLP) received a boost last week after initially declining following the announcement of its Q1 2025 results. Though the company posted a net loss of $1 million during the quarter, its revenue rose by 6.5% YoY to $192.5 million and topped expectations. MMLP also maintained its quarterly cash distribution of $0.00 per share. Overall, MMLP ranks 10th on our list of the energy stocks that gained the most this week. While we acknowledge the potential of MMLP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MMLP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
25-04-2025
- Business
- Yahoo
Why Martin Midstream Partners L.P. (MMLP) Is Losing This Week
We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where Martin Midstream Partners L.P. (NASDAQ:MMLP) stands against other energy stocks that are crashing this week. After a promising start to the year, the overall energy sector has fallen by almost 5.5% since the beginning of 2025. However, it still beats the 9.9% decline suffered by the wider market. The major reason behind this downturn is the plunge in global crude oil price, caused by the continued uncertainty surrounding the ongoing tariff war, the prospects of an economic slowdown, and the recent decision by OPEC+ to increase supply in May. The WTI crude oil price, which stood at just over $71 a barrel in the beginning of April, plunged to below $60 before again resurging to around $64.3 currently. To put additional pressure on the sector, the International Energy Agency recently cut its 2025 oil demand growth forecast by 300,000 barrels per day compared to last month, warning the world to 'buckle up' amid the escalating trade tensions. Moreover, OPEC also cut its 2025 global oil demand growth forecast for the first time since December last week, expecting the demand to rise by 1.30 million bpd in 2025 and by 1.28 million bpd in 2026. Both figures are down 150,000 bpd from last month's estimates. Aerial view of an oil well and the rig in the Permian Basin, West Texas. To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between April 15 to April 22, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Share Price Decline Between Apr. 15 and Apr. 22: 5.3% Martin Midstream Partners L.P. (NASDAQ:MMLP) provides specialty services to major and independent oil and gas companies, including refineries, chemical companies, and similar businesses. Martin Midstream Partners L.P. (NASDAQ:MMLP) reported its Q1 2025 results last week, posting a net loss of $1 million, compared to a net profit of $3.3 million for the same period in 2024. The quarterly loss includes $0.8 million of costs associated with the termination of the company's merger agreement with Martin Resource Management Corporation. Moreover, the overall bearish sentiment regarding the oil and gas service industry has also taken a toll on the share's price. Overall, MMLP ranks 9th on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MMLP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
01-04-2025
- Business
- Yahoo
Martin Midstream Partners L.P. (MMLP): Among Stocks Insiders Were Buying In Q1 2025
We recently published a list of . In this article, we are going to take a look at where Martin Midstream Partners L.P. (NASDAQ:MMLP) stands against other stocks insiders were buying in Q1 2025. About 30 minutes before the market closed Monday, the broader market index was up 0.3%, while the blue-chip companies gained 0.9%. Meanwhile, the Nasdaq Composite dropped 0.5%. Some stocks were recovering from Friday losses after inflation data came in higher than expected, coupled with weak consumer sentiment, which heightened concerns about the U.S. economy's stability, according to Investopedia. As investors react to daily market changes, ongoing uncertainty continues to affect the market. During such times, insider trading often garners attention, as executive purchases of company stock can signal optimism about the company's prospects. However, insider sales do not always indicate a lack of confidence—they may be influenced by personal financial reasons or a need for diversification. Executives often follow pre-arranged plans, like 10b5-1, to ensure transparency. While insider trading can offer valuable insights, it should be considered alongside a company's financial health, market conditions, and industry shifts. What are some of the stocks insiders have been buying the most in the first quarter of the year? To find out, we used Insider Monkey's insider trading stock screener, focusing only on stocks where at least five insiders had purchased shares in January, February, and March. From there, we ranked the 20 stocks with the highest number of insiders purchasing shares. Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). With each stock, we note the average price per share of these purchases and the stock's market capitalization. A tanker filled with petroleum products, sailing through a calm sea. Market Cap: $139.04 million Number of insiders buying: 7 Martin Midstream provides services for petroleum products and by-products in the U.S., including terminalling, processing, storage, and transportation. The Kilgore, Texas-based company operates across four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products, and owns various terminal facilities. It also processes and transports sulfur and natural gas liquids, serving industries like oil and gas, petrochemicals, and chemicals. In February and March, seven insiders, including the company's president and CEO, purchased around $928,354 worth of Martin Midstream shares at an average price of $3.59 per share. Year-to-date, the stock is down 1.67% trading at $3.53 per share. Over the past 12 months, Martin Midstream shares returned 38.98% to its investors. For the full year 2024, Martin Midstream reported revenues of $707.62 million, which compares to $797.96 million in 2023. Net loss amounted to $5.21 million, compared to net loss of $4.55 million in the prior year. One analyst rates Martin Midstream stock as 'Hold' with a price target of $4.00, according to TipRanks. The average price target suggests a potential upside of 13.96% from the latest price. Overall, MMLP ranks 16th on our list of stocks insiders were buying in Q1 2025. While we acknowledge the potential of MMLP our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MMLP but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
