Martin Midstream Partners Past Earnings Performance
Past criteria checks 2/6
Martin Midstream Partners's earnings have been declining at an average annual rate of -22.5%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 1.2% per year.
Key information
-22.5%
Earnings growth rate
-22.5%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 1.2% |
| Return on equity | n/a |
| Net Margin | 0.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Martin Midstream Partners LP: Better Opportunities Elsewhere
Jan 04Martin Midstream Partners: Increased Bid Likely Needed From Martin Resource Management
Sep 04Martin Midstream Partners Receives A Non-Binding Offer At $3.05 Per Unit
May 28Martin Midstream Partners: 2024 Is Expected To Be An Investment Year
Apr 04Martin Midstream Partners declares $0.005 dividend
Oct 19Martin Midstream Partners sells Stockton Sulfur Terminal
Oct 10Martin Midstream Partners: Significant Upside With A Successful Debt Refinancing
Sep 16Martin Midstream Partners reports Q2 results, raises 2022 adj. EBITDA guidance
Jul 20Martin Midstream Partners: Buy Before Their Distributions Surge Higher
Jul 13Martin Midstream Partners: A Potential Double Over The Next 3 Years
Jun 29Martin Midstream Partners: Improving Finances But Debt Still A Concern
Apr 21Martin Midstream Partners: Don't Follow The Leader
Mar 07Martin Midstream Partners: Continuing To Chip Away At Its Debt
Feb 17Martin Midstream Partners: Solid Recent Performance, But Distribution Increase Remains Unlikely Until 2024
Nov 27Martin Midstream Partners: Green Shoots Emerging, Recovery Starting
Sep 23Martin Midstream Partners: Solid Improvements, Now A Waiting Game For Multibagger Returns
Jun 29Martin Midstream Partners: Strong Start To 2021 Should Help It Maintain Compliance With Covenants
Apr 26Martin Midstream Partners sells Mega Lubricants unit in $22M deal
Dec 22Martin Midstream Partners (MMLP) Presents At 2020 Wells Fargo Midstream and Utility Symposium Conference - Slideshow
Dec 15Martin Midstream Partners: Big Improvements Helping A Potential Double-Digit Yield Comeback
Dec 14Martin Midstream Partners: Avoids Bankruptcy, But Distributions Likely To Remain Minimal Indefinitely
Dec 11Revenue & Expenses Breakdown
How Martin Midstream Partners makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 717 | 4 | 42 | 0 |
| 30 Jun 24 | 723 | 6 | 40 | 0 |
| 31 Mar 24 | 734 | 4 | 38 | 0 |
| 31 Dec 23 | 798 | -4 | 40 | 0 |
| 30 Sep 23 | 860 | -5 | 38 | 0 |
| 30 Jun 23 | 913 | -32 | 38 | 0 |
| 31 Mar 23 | 984 | -26 | 40 | 0 |
| 31 Dec 22 | 1,019 | -10 | 40 | 0 |
| 30 Sep 22 | 1,061 | 1 | 43 | 0 |
| 30 Jun 22 | 1,043 | 21 | 43 | 0 |
| 31 Mar 22 | 961 | 9 | 42 | 0 |
| 31 Dec 21 | 882 | 0 | 37 | 0 |
| 30 Sep 21 | 777 | -13 | 40 | 0 |
| 30 Jun 21 | 718 | -17 | 40 | 0 |
| 31 Mar 21 | 674 | -13 | 41 | 0 |
| 31 Dec 20 | 672 | -7 | 41 | 0 |
| 30 Sep 20 | 734 | 2 | 41 | 0 |
| 30 Jun 20 | 759 | 26 | 42 | 0 |
| 31 Mar 20 | 806 | 21 | 42 | 0 |
| 31 Dec 19 | 847 | 8 | 41 | 0 |
| 30 Sep 19 | 872 | 0 | 41 | 0 |
| 30 Jun 19 | 929 | -25 | 40 | 0 |
| 31 Mar 19 | 968 | -30 | 39 | 0 |
| 31 Dec 18 | 1,020 | -20 | 39 | 0 |
| 30 Sep 18 | 1,059 | -2 | 39 | 0 |
| 30 Jun 18 | 1,018 | -8 | 39 | 0 |
| 31 Mar 18 | 985 | 5 | 39 | 0 |
| 31 Dec 17 | 973 | -4 | 39 | 0 |
| 30 Sep 17 | 877 | 13 | 38 | 0 |
| 30 Jun 17 | 859 | 31 | 37 | 0 |
| 31 Mar 17 | 855 | 25 | 36 | 0 |
| 31 Dec 16 | 827 | 18 | 34 | 0 |
| 30 Sep 16 | 845 | 8 | 35 | 0 |
| 30 Jun 16 | 896 | 9 | 35 | 0 |
| 31 Mar 16 | 957 | 21 | 36 | 0 |
| 31 Dec 15 | 1,037 | 21 | 37 | 0 |
| 30 Sep 15 | 1,159 | 21 | 36 | 0 |
| 30 Jun 15 | 1,311 | -4 | 37 | 0 |
| 31 Mar 15 | 1,463 | -10 | 37 | 0 |
| 31 Dec 14 | 1,642 | -10 | 36 | 0 |
| 30 Sep 14 | 1,726 | -52 | 36 | 0 |
| 30 Jun 14 | 1,709 | -27 | 33 | 0 |
| 31 Mar 14 | 1,664 | -18 | 31 | 0 |
Quality Earnings: MMLP has a large one-off loss of $71.2M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: MMLP became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MMLP has become profitable over the past 5 years, growing earnings by -22.5% per year.
Accelerating Growth: MMLP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MMLP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-14.6%).
Return on Equity
High ROE: MMLP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 15:28 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Robert Balsamo | B. Riley Securities, Inc. |
| Kyle May | Capital One Securities, Inc. |