Martin Midstream Partners L.P.

NasdaqGS:MMLP Stock Report

Market Cap: US$128.6m

Martin Midstream Partners Management

Management criteria checks 3/4

Martin Midstream Partners' CEO is Bob Bondurant, appointed in Jan 2021, has a tenure of 10.25 years. total yearly compensation is $1.64M, comprised of 36.4% salary and 63.6% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $492.45K. The average tenure of the management team and the board of directors is 5 years and 12.4 years respectively.

Key information

Bob Bondurant

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage36.4%
CEO tenure4yrs
CEO ownership0.4%
Management average tenure5yrs
Board average tenure12.4yrs

Recent management updates

Recent updates

Martin Midstream Partners LP: Better Opportunities Elsewhere

Jan 04

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

Sep 04

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

May 28

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

Apr 04

Martin Midstream Partners declares $0.005 dividend

Oct 19

Martin Midstream Partners sells Stockton Sulfur Terminal

Oct 10

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

CEO Compensation Analysis

How has Bob Bondurant's remuneration changed compared to Martin Midstream Partners's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$4m

Jun 30 2024n/an/a

US$6m

Mar 31 2024n/an/a

US$4m

Dec 31 2023US$2mUS$598k

-US$4m

Sep 30 2023n/an/a

-US$5m

Jun 30 2023n/an/a

-US$32m

Mar 31 2023n/an/a

-US$26m

Dec 31 2022US$2mUS$575k

-US$10m

Sep 30 2022n/an/a

US$834k

Jun 30 2022n/an/a

US$21m

Mar 31 2022n/an/a

US$9m

Dec 31 2021US$1mUS$575k

-US$207k

Sep 30 2021n/an/a

-US$13m

Jun 30 2021n/an/a

-US$17m

Mar 31 2021n/an/a

-US$13m

Dec 31 2020US$412kUS$312k

-US$7m

Sep 30 2020n/an/a

US$2m

Jun 30 2020n/an/a

US$26m

Mar 31 2020n/an/a

US$21m

Dec 31 2019US$312kUS$312k

US$8m

Sep 30 2019n/an/a

-US$418k

Jun 30 2019n/an/a

-US$25m

Mar 31 2019n/an/a

-US$30m

Dec 31 2018US$981kUS$240k

-US$20m

Compensation vs Market: Bob's total compensation ($USD1.64M) is above average for companies of similar size in the US market ($USD645.47K).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.

CEO

Bob Bondurant (65 yo)

4yrs

Tenure

US$1,640,925

Compensation

Mr. Robert D. Bondurant, also known as Bob, served as Deputy Chairman at American Steamship Owners Mutual Protection and Indemnity Association, Inc. since June 2018 until August 2024 and is its Chairman si...

Leadership Team

NamePositionTenureCompensationOwnership
Robert Bondurant
President4yrsUS$1.64m0.38%
$ 492.5k
Sharon Taylor
Executive VP & CFO of Martin Midstream GP LLC4yrsUS$423.28k0.064%
$ 81.7k
Randall Tauscher
Executive VP & COO of Martin Midstream GP LLC13.7yrsUS$583.90k0.30%
$ 389.7k
Chris Booth
Chief Legal Officer18.9yrsUS$460.03k0.12%
$ 159.0k
Scot Shoup
Senior Vice President of Operations - Martin Midstream GP LLCno dataUS$394.15k0.072%
$ 92.5k
Melanie Mathews
Vice President of Human Resources - Martin Midstream GP LLCno datano datano data
Johnnie Murry
Senior Vice President of Land Transportation for Martin Midstream GP LLC5yrsno datano data

5.0yrs

Average Tenure

58yo

Average Age

Experienced Management: MMLP's management team is seasoned and experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Bondurant
President10.3yrsUS$1.64m0.38%
$ 492.5k
Byron Kelley
Independent Director of Martin Midstream GP LLC12.4yrsUS$160.00k0.34%
$ 441.9k
James Collingsworth
Independent Director of Martin Midstream GP LLC10.3yrsUS$160.00k0.34%
$ 435.9k
Ruben Martin
Chairman of the Board of Directors of Martin Midstream GP LLC22.6yrsno data9.96%
$ 12.8m
C. Massey
Independent Director of Martin Midstream GP LLC22.6yrsUS$160.00k0.41%
$ 527.3k

12.4yrs

Average Tenure

71yo

Average Age

Experienced Board: MMLP's board of directors are seasoned and experienced ( 12.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 00:35
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Martin Midstream Partners L.P. is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ethan BellamyBaird
Robert BalsamoB. Riley Securities, Inc.
Kyle MayCapital One Securities, Inc.