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Upturn AI SWOT - About
Martin Midstream Partners LP (MMLP)
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Upturn Advisory Summary
04/01/2025: MMLP (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 9.75% | Avg. Invested days 43 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 138.65M USD | Price to earnings Ratio - | 1Y Target Price 4 |
Price to earnings Ratio - | 1Y Target Price 4 | ||
Volume (30-day avg) 102441 | Beta 2.08 | 52 Weeks Range 2.35 - 4.11 | Updated Date 04/2/2025 |
52 Weeks Range 2.35 - 4.11 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 0.56% | Basic EPS (TTM) -0.13 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -0.72% | Operating Margin (TTM) 3.83% |
Management Effectiveness
Return on Assets (TTM) 6.65% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE 23.64 | Enterprise Value 643816555 | Price to Sales(TTM) 0.2 |
Enterprise Value 643816555 | Price to Sales(TTM) 0.2 | ||
Enterprise Value to Revenue 0.91 | Enterprise Value to EBITDA 6.17 | Shares Outstanding 39055100 | Shares Floating 32986729 |
Shares Outstanding 39055100 | Shares Floating 32986729 | ||
Percent Insiders 27.95 | Percent Institutions 44.95 |
Analyst Ratings
Rating 3 | Target Price 4 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Martin Midstream Partners LP
Company Overview
History and Background
Martin Midstream Partners LP (MMLP) was formed in 2002 by Martin Resource Management Corporation. It focuses on providing storage, processing, and transportation services for petroleum products and byproducts. Over the years, MMLP has expanded its operations through acquisitions and organic growth.
Core Business Areas
- Terminals: Provides storage and distribution services for petroleum products and chemicals. Includes strategically located terminals with pipeline, rail, and barge access.
- Transportation: Offers transportation services for petroleum products, primarily through its fleet of inland marine tank barges.
- Sulfur Services: Handles and processes sulfur and related products for refineries and other industrial customers.
- Natural Gas Services: Provides natural gas liquids (NGL) storage and fractionation services.
Leadership and Structure
The company is led by a senior management team. The organizational structure includes departments for operations, finance, and business development, with a general partner overseeing the partnership's affairs.
Top Products and Market Share
Key Offerings
- Product Name 1: Storage Terminals: Providing storage solutions for petroleum products. Market share data is difficult to pinpoint exactly due to the fragmentation of the storage industry, but MMLP is a significant player in its operating regions. Competitors include Buckeye Partners (BPL), Magellan Midstream Partners (MMP) and Energy Transfer Partners (ET).
- Product Name 2: Sulfur Handling: Handling and processing sulfur. The market share is difficult to determine exactly. Competitors include other sulfur processing companies and refineries with sulfur recovery units.
- Product Name 3: Inland Marine Transportation: Transportation services, primarily via barge. Competitors include Kirby Corporation (KEX) and American Commercial Barge Line (ACBL).
Market Dynamics
Industry Overview
The midstream industry is influenced by factors such as crude oil production, refining capacity, and commodity prices. There is also increasing regulatory scrutiny and focus on environmental, social and governance (ESG) factors.
Positioning
MMLP holds a niche position in the midstream market, particularly in sulfur handling and inland marine transportation. The strategic location of its terminals provides a competitive advantage.
Total Addressable Market (TAM)
The total addressable market for midstream services is in the hundreds of billions of dollars annually. MMLP is positioned to capture a share of this TAM through its storage, transportation, and sulfur handling operations. Exact numbers are difficult to pinpoint due to varying market reports and service definitions.
Upturn SWOT Analysis
Strengths
- Strategic asset locations
- Diversified service offerings
- Long-term customer contracts
- Experience in sulfur handling
Weaknesses
- High debt levels
- Exposure to commodity price fluctuations
- Dependence on key customers
- Limited geographic diversification
Opportunities
- Expansion of terminal capacity
- Acquisitions of complementary assets
- Growth in refined product demand
- Increased focus on environmental services
Threats
- Declining crude oil production
- Increased regulatory burdens
- Competition from larger midstream companies
- Economic downturns
Competitors and Market Share
Key Competitors
- MPLX
- ET
- WES
- MMP
- KEX
Competitive Landscape
MMLP faces competition from larger, more diversified midstream companies. Its competitive advantage lies in its niche offerings and strategic asset locations. However, its high debt levels pose a challenge.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: MMLP's historical growth has been driven by acquisitions and organic expansion of its existing assets.
Future Projections: Future growth is dependent on the company's ability to optimize its operations, reduce debt, and capitalize on market opportunities. Analyst estimates vary, and individual research is recommended.
Recent Initiatives: Recent initiatives include cost-cutting measures, debt reduction efforts, and strategic investments in existing assets.
Summary
Martin Midstream Partners is a smaller player in the midstream sector with strategic assets. High debt and commodity price exposure are notable weaknesses. The company needs to effectively manage its debt and capitalize on niche market opportunities for sustained success, and also maintain compliance in a changing market.
Similar Companies
ET
Energy Transfer LP
ET
Energy Transfer LP
KEX
Kirby Corporation
KEX
Kirby Corporation
MPLX
MPLX LP
MPLX
MPLX LP
WES
Western Midstream Partners LP
WES
Western Midstream Partners LP
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Martin Midstream Partners LP
Exchange NASDAQ | Headquaters Kilgore, TX, United States | ||
IPO Launch date 2002-11-01 | President, CEO & Director of Martin Midstream GP LLC Mr. Robert D. Bondurant CPA | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees - | Website https://mmlp.com |
Full time employees - | Website https://mmlp.com | ||
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products in the United States. It operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The company owns or operates various marine shore-based terminal facilities and specialty terminal facilities that provide storage, refining, and handling services for producers and suppliers of petroleum products and by-products, as well as refining of naphthenic crude oil; and offers land rental services to oil and gas companies and storage and handling services for lubricants and fuels. It also operates a fleet of land transportation and marine transportation assets that transport petroleum products and by-products, petrochemicals, and chemicals; and provides refinery and petrochemical services, including transportation of heavy tank bottoms by-products and other petroleum products, hauling natural gas liquids, molten sulfur, sulfuric acid, paper mill liquids, chemicals, and numerous other bulk liquid commodities. In addition, the company processes molten sulfur into prilled or pelletized sulfur; and purchase and sell molten sulfur; and stores, distributes, sells, and transports natural gas liquids for wholesale deliveries, industrial natural gas liquid users, and propane retailers. Martin Midstream Partners L.P. was founded in 1951 and is based in Kilgore, Texas.
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