Martin Midstream Partners (MMLP)
Connects Gulf Coast refineries through terminals, transport, sulfur, and specialty products.
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Operates four Gulf Coast businesses in terminalling and storage, transportation, sulfur services, and specialty products. Its refinery-linked model pairs logistics and product marketing with a sponsor-provided workforce.
Runs four linked Gulf Coast businesses: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The portfolio brings together terminal services, land and marine transportation, sulfur activity, and specialty-product operations.
Martin Resource Management Corporation remains the sponsor, and the public MLP structure separates limited partners from the general partner. A refocus from upstream-exposed assets toward services for refineries shaped the modern business, including logistics and marketing of refinery by-products such as sulfur and NGLs. The sponsor provides staff and support through the general-partner structure, so operations depend on it rather than a direct workforce.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $50.0K · Total debt $494.4M · Total assets $547.4M · Shareholders' equity −$90.2M
- Revenue
- $213.6M
- Operating income
- $3.8M
- Net income
- $6.8M
HistoryDividendAnnual yield
| Institutions | 44.26% | 17.32M shares | |
|---|---|---|---|
| 36 holders · as of Jun 30, 2026 | |||
| Insiders | 32.01% | 12.52M shares | |
| 10 holders · as of Feb 19, 2026 | |||
| Strategic holders | 26.51% | 10.37M shares | |
| 2 holders · as of Dec 12, 2025 | |||
| Adds to | 102.78% | ||
39.12M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 102.78%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Ruben S. Martin IIIInsider | 29.34% | 11.48M | filed Jun 11, 2025 |
Martin Resource Management CorpStrategic | 19.41% | 7.59M | filed Jun 11, 2025 |
Invesco Ltd.Institution | 18.44% | 7.21M | as of Jun 30, 2026 |
OppenheimerFunds, Inc.Institution | 16.45% | 6.44M | filed Feb 5, 2018 |
Nomura Holdings IncInstitution | 9.11% | 3.56M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Dec 11, 2025 | Martin Product Sales LLC | 10 percent owner | +5,573 | $2.55 |
| Dec 12, 2025 | Martin Product Sales LLC | 10 percent owner | +7,012 | $2.59 |
| Dec 4, 2025 | Martin Product Sales LLC | 10 percent owner | +2,190 | $2.60 |
| Dec 8, 2025 | Martin Product Sales LLC | 10 percent owner | +12,228 | $2.59 |
| Dec 1, 2025 | Martin Product Sales LLC | 10 percent owner | +2,239 | $2.59 |
- Enterprise Products Partners
Gulf Coast NGL, refined-product, and marine-logistics infrastructure
- ONEOK
Integrated NGL and refined-products infrastructure across U.S. systems
- Kinder Morgan
Liquids terminals and product pipelines serving refined-product markets
- Kirby
Tank-barge transport for petroleum, chemical, and agricultural liquids
- Calumet
Specialty-products blending, distribution, and terminal storage
- Mosaic
Crop nutrients incorporating sulfur-bearing formulations
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Martin Midstream Partners | $2.26 | +1.35% | $87.2M | — | — | 0.1 | +18.2% |
| Enterprise Products Partners | $37.95 | −0.17% | $82.24B | 13.2 | 12.4 | 1.4 | +60.8% |
| ONEOK | $91.66 | +1.74% | $56.77B | 15.5 | 15.5 | 1.4 | +52.8% |
| Kinder Morgan | $31.67 | +1.28% | $69.63B | 20.0 | 21.4 | 3.9 | +10.8% |
| Kirby | $133.72 | +0.94% | $7.09B | 20.4 | 17.4 | 2.0 | +7.8% |
| Calumet | $53.90 | −4.48% | $4.92B | — | 15.7 | 1.1 | +40.8% |
| Mosaic | $24.82 | +0.36% | $7.86B | 130.2 | 27.3 | 0.7 | −6.0% |
| Median | 20.0 | 16.5 | 1.4 | +25.8% |








