Earnings ·
Martin Midstream reports Q3 adjusted EBITDA of $23.6M and raises full-year guidance to $94M
MMLPMartin Midstream Partners L.P.
Martin Midstream Partners L.P. reported a net loss of $4.1 million for the third quarter ended September 30, 2026, driven by higher interest expenses and lower fertilizer margins. Adjusted EBITDA rose to $23.6 million from $19.3 million in the prior-year period, supported by strong performance in sulfur services and specialty products. The company revised its full-year 2026 adjusted EBITDA guidance upward to $94 million from previous estimates. Additionally, Martin Midstream declared a quarterly cash distribution of $0.005 per common unit, payable on November 13, 2026, to shareholders of record as of November 6, 2026. The partnership operates in the midstream energy sector, providing terminalling, storage, transportation, and sulfur processing services primarily along the U.S. Gulf Coast.