Martin Midstream Partners (MMLP) Tops Q1 EPS by 16c

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Go back to Martin Midstream Partners (MMLP) Tops Q1 EPS by 16c

Martin Midstream Partners Reports First Quarter 2021 Financial Results and Declares Quarterly Cash Distribution

April 21, 2021 4:01 PM EDT

First quarter 2021 financial performance exceeds internal projections despite winter storm impact Reported net income of $2.5 million and adjusted EBITDA of $30.9 million for the first quarter of 2021 Generated distributable cash flow of $12.8 million for the first quarter of 2021 Declares quarterly distribution of $0.005 or $0.02 per unit annually

KILGORE, Texas--(BUSINESS WIRE)-- Martin Midstream Partners L.P. (Nasdaq: MMLP) (the "Partnership") today announced its financial results for the first quarter of 2021.

For the first quarter of 2021, the Partnership exceeded our internal earnings forecast by $3.7 million... More