Martin Midstream Partners Future Growth

Future criteria checks 3/6

Martin Midstream Partners is forecast to grow earnings and revenue by 43.8% and 0.7% per annum respectively while EPS is expected to grow by 26.4% per annum.

Key information

43.8%

Earnings growth rate

26.4%

EPS growth rate

Oil and Gas earnings growth	8.1%
Revenue growth rate	0.7%
Future return on equity	n/a
Analyst coverage	Low
Last updated	18 Oct 2024

Recent future growth updates

Recent updates

Martin Midstream Partners: Increased Bid Likely Needed From Martin Resource Management

Sep 04

Martin Midstream Partners: Significant Upside With A Successful Debt Refinancing

Sep 16

Martin Midstream Partners reports Q2 results, raises 2022 adj. EBITDA guidance

Jul 20

Martin Midstream Partners: Buy Before Their Distributions Surge Higher

Jul 13

Martin Midstream Partners: A Potential Double Over The Next 3 Years

Jun 29

Martin Midstream Partners: Improving Finances But Debt Still A Concern

Apr 21

Martin Midstream Partners: Don't Follow The Leader

Mar 07

Martin Midstream Partners: Continuing To Chip Away At Its Debt

Feb 17

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

Nov 27

Martin Midstream Partners: Green Shoots Emerging, Recovery Starting

Sep 23

Martin Midstream Partners: Solid Improvements, Now A Waiting Game For Multibagger Returns

Jun 29

Martin Midstream Partners: Strong Start To 2021 Should Help It Maintain Compliance With Covenants

Apr 26

Martin Midstream Partners sells Mega Lubricants unit in $22M deal

Dec 22

Martin Midstream Partners (MMLP) Presents At 2020 Wells Fargo Midstream and Utility Symposium Conference - Slideshow

Dec 15

Martin Midstream Partners: Big Improvements Helping A Potential Double-Digit Yield Comeback

Dec 14

Martin Midstream Partners: Avoids Bankruptcy, But Distributions Likely To Remain Minimal Indefinitely

Dec 11

Earnings and Revenue Growth Forecasts

NasdaqGS:MMLP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	723	7	30	60	1
12/31/2024	717	5	4	21	1
9/30/2024	717	4	-5	38	N/A
6/30/2024	723	6	19	61	N/A
3/31/2024	734	4	60	98	N/A
12/31/2023	798	-4	103	137	N/A
9/30/2023	860	-5	107	139	N/A
6/30/2023	913	-32	57	86	N/A
3/31/2023	984	-26	12	37	N/A
12/31/2022	1,019	-10	-11	16	N/A
9/30/2022	1,061	1	6	31	N/A
6/30/2022	1,043	21	36	58	N/A
3/31/2022	961	9	36	60	N/A
12/31/2021	882	0	20	36	N/A
9/30/2021	777	-13	17	33	N/A
6/30/2021	718	-17	8	26	N/A
3/31/2021	674	-13	5	24	N/A
12/31/2020	672	-7	36	65	N/A
9/30/2020	734	2	38	69	N/A
6/30/2020	759	26	52	88	N/A
3/31/2020	806	21	44	80	N/A
12/31/2019	847	8	45	76	N/A
9/30/2019	872	0	58	86	N/A
6/30/2019	929	-25	41	68	N/A
3/31/2019	968	-30	61	86	N/A
12/31/2018	1,020	-20	70	105	N/A
9/30/2018	1,059	-2	45	85	N/A
6/30/2018	1,018	-8	N/A	91	N/A
3/31/2018	985	5	N/A	70	N/A
12/31/2017	973	-4	N/A	69	N/A
9/30/2017	877	13	N/A	77	N/A
6/30/2017	859	31	N/A	82	N/A
3/31/2017	855	25	N/A	122	N/A
12/31/2016	827	18	N/A	111	N/A
9/30/2016	845	8	N/A	131	N/A
6/30/2016	896	9	N/A	153	N/A
3/31/2016	957	21	N/A	181	N/A
12/31/2015	1,037	21	N/A	183	N/A
9/30/2015	1,159	21	N/A	176	N/A
6/30/2015	1,311	-4	N/A	199	N/A
3/31/2015	1,463	-10	N/A	126	N/A
12/31/2014	1,642	-10	N/A	116	N/A
9/30/2014	1,726	-52	N/A	103	N/A
6/30/2014	1,709	-27	N/A	61	N/A
3/31/2014	1,664	-18	N/A	83	N/A
12/31/2013	1,613	-14	N/A	112	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MMLP's forecast earnings growth (43.8% per year) is above the savings rate (2.6%).

Earnings vs Market: MMLP's earnings (43.8% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: MMLP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MMLP's revenue (0.7% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: MMLP's revenue (0.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MMLP's Return on Equity is forecast to be high in 3 years time

Martin Midstream Partners Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 23%, revenue downgraded

Consensus EPS estimates fall by 13%

Price target increased to US$6.00

Price target raised to US$2.50

Recent updates

New minor risk - Shareholder dilution

Third quarter dividend of US$0.005 announced

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Martin Midstream Partners L.P. Declares Quarterly Cash Distribution for the Quarter Ended September 30, 2024, Payable on November 14, 2024

Consensus EPS estimates increase by 23%, revenue downgraded

Martin Midstream Partners L.P. to Report Q3, 2024 Results on Oct 16, 2024

Martin Midstream Partners: Increased Bid Likely Needed From Martin Resource Management

Consensus EPS estimates fall by 13%

Second quarter dividend of US$0.005 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Martin Midstream Partners L.P. Declares Cash Distribution for the Quarter Ended June 30, 2024, Payable on August 14, 2024

Caspian Capital, LP and Nut Tree Capital Management, LP entered into a letter of intent to acquire Martin Midstream Partners L.P. (NasdaqGS:MMLP) for $160 million

Martin Midstream Partners L.P. to Report Q2, 2024 Results on Jul 17, 2024

Martin Midstream Partners Receives A Non-Binding Offer At $3.05 Per Unit

First quarter dividend of US$0.005 announced

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Martin Midstream Partners L.P. Declares Quarterly Cash Distribution, Payable on May 15, 2024

Martin Midstream Partners L.P. to Report Q1, 2024 Results on Apr 17, 2024

Martin Midstream Partners: 2024 Is Expected To Be An Investment Year

Full year 2023 earnings: EPS exceeds analyst expectations

Third quarter dividend of US$0.005 announced

Martin Midstream Partners L.P. Declares Quarterly Cash Distribution for the Quarter Ended December 31, 2023, Payable on February 14, 2024

Martin Midstream Partners L.P. to Report Q4, 2023 Results on Feb 14, 2024

Key Executive recently bought US$78k worth of stock

Key Executive recently bought US$60k worth of stock

Third quarter 2023 earnings released: US$0.027 loss per share (vs US$0.71 loss in 3Q 2022)

Martin Midstream Partners L.P. Declares Quarterly Cash Distribution for the Third Quarter Ended September 30, 2023, Payable on November 14, 2023

New minor risk - Market cap size

Martin Midstream Partners L.P. to Report Q3, 2023 Results on Oct 18, 2023

Key Executive recently bought US$109k worth of stock

Key Executive recently bought US$211k worth of stock

Key Executive recently bought US$731k worth of stock

Martin Midstream Partners L.P. Declares A Quarterly Cash Distribution for the Quarter Ended June 30, 2023, Payable on August 14, 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.027 (vs US$0.17 in 2Q 2022)

Martin Midstream Partners L.P. to Report Q2, 2023 Results on Jul 19, 2023

First quarter 2023 earnings released: US$0.13 loss per share (vs US$0.29 profit in 1Q 2022)

Full year 2022 earnings released: US$0.26 loss per share (vs US$0.005 loss in FY 2021)

Martin Midstream Partners L.P. to Report Q4, 2022 Results on Feb 15, 2023

Martin Midstream Partners L.P. Announces Quarterly Cash Distribution, Payable on February 14, 2023

Insufficient new directors

Chairman of Martin Midstream GP LLC recently bought US$413k worth of stock

Third quarter 2022 earnings released: US$0.71 loss per share (vs US$0.17 loss in 3Q 2021)

Martin Midstream Partners L.P. Announces Quarterly Cash Distribution, Payable on November 14, 2022

Martin Midstream Partners declares $0.005 dividend

Martin Midstream Partners L.P. to Report Q3, 2022 Results on Nov 02, 2022

Investor sentiment deteriorated over the past week

Gulf Terminals LLC acquired Stockton Sulfur Terminal from Martin Midstream Partners L.P. (NasdaqGS:MMLP) for $5.3 million.

Martin Midstream Partners sells Stockton Sulfur Terminal

Martin Midstream Partners: Significant Upside With A Successful Debt Refinancing

Second quarter 2022 earnings released: EPS: US$0.17 (vs US$0.17 loss in 2Q 2021)

Martin Midstream Partners L.P. Declares Cash Dividend for the Quarter Ended June 30, 2022, Payable on August 12, 2022