Martin Midstream Partners (MMLP) Reports Q3 Loss of $0.17/sh

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

October 20, 2021 4:01 PM EDT

Third quarter 2021 financial performance beats internal projections despite impact from Hurricane Ida Reported net loss of $6.9 million and $11.0 million for the three and nine months ended September 30, 2021, respectively Reported adjusted EBITDA of $21.5 million and $74.9 million for the three and nine months ended September 30, 2021, respectively Generated distributable cash flow of $5.2 and $25.3 million for the three and nine months ended September 30, 2021, respectively 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... More