Martin Midstream Partners Stock (NASDAQ: MMLP)

Latest news for Martin Midstream Partners (NASDAQ:MMLP) Stock

Martin Midstream Partners

Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and natural gas liquids marketing, distribution and transportation services. Company operates in four segment Terminalling and storage, Transportation, Sulfur service and Specialty products segment. Majority of the revenue derived from Specialty products segment.

Long Ideas

News

Penny Stocks

Insider Trades

Markets

Trading Ideas

BUKS

MMLP

SCKT

The Dow Jones closed higher by over 550 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

Socket Mobile And 2 Other Stocks Under $3 Insiders Are Buying

Pre-Market Outlook

BCOV

LODE


The Dow Jones closed higher by over 500 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

Brightcove And 2 Other Penny Stocks Insiders Are Buying

ADMQ

The Dow Jones closed lower by over 100 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

Insiders Buying Martin Midstream Partners And 2 Other Stocks Under $3

Martin Midstream Partners L.P. - Common Units Representing Limited Partnership Interests

Martin Midstream Partners LP

ALERIAN MID ENGY DIV UCITS ETF

WIIM

Martin Midstream Partners shares are trading higher after Nut Tree and Caspian increased their offer to acquire the partnership for $4.50 per common unit in cash.

Nut Tree and Caspian Increase Offer for Martin Midstream Partners to $4.50 Per Unit, Representing a 48% Premium Over MRMC's Proposal; Urge Conflicts Committee to Act in Best Interests of Unitholders

Nut Tree and Caspian Reiterate $4.00 per Common Unit Offer Representing 31% Premium to Alternate Offer Made by Martin Resource Management Corporation
Nut Tree and Caspian Call for Any Transaction with MRMC be Subject to Approval of Majority of Unaffiliated Common Unit Holders
NEW YORK, July 19, 2024 /PRNewswire/ -- Nut Tree Capital Management LP ("Nut Tree") and Caspian Capital LP ("Caspian"), today sent a letter to the Conflicts Committee of the Board of Directors (the "Conflicts Committee") of Martin Midstream GP LLC (the "General Partner") highlighting the serious conflicts of interest among the Conflicts Committee, General Partner, Martin Resource Management Corporation ("MRMC"), and Martin Midstream Partners L.P. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) ("MMLP" or the "Partnership").
In the letter, Nut Tree and Caspian reiterate their fully-financed offer to acquire MMLP's common units for $4.00 per common unit in cash, which represents a 31% premium over MRMC'S offer, and urge the Conflicts Committee to act in the best interests of all MMLP common unit holders by requiring that any transaction with MRMC be subject to the approval of a majority of the unaffiliated common unit holders.&nbsp; Moreover, Nut Tree and Caspian encourage all unaffiliated MMLP common unit holders to contact the General Partner's Board of Directors and management team to voice their opinions on the future of MMLP.

Nut Tree And Caspian Reiterate $4 Per Common Unit Offer Representing 31% Premium To Alternate Offer Made By Martin Resource Management Corp. For Martin Midstream Partners L.P.; Nut Tree And Caspian Call For Any Transaction With MRMC Be Subject To Approval Of Majority Of Unaffiliated Common Unit Holders

Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.08 by 12.5 percent. The company reported quarterly sales of $184.531 million which missed the analyst consensus estimate of $193.906 million by 4.83 percent. This is a 5.68 percent decrease over sales of $195.636 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Martin Midstream Partners Q2 2024 GAAP EPS $0.09 Beats $0.08 Estimate, Sales $184.531M Miss $193.906M Estimate

Martin Resource Management Corporation Reiterates It Is Interested Only In Acquiring All Outstanding Common Units Of MMLP And Has No Interest In Selling Interests In MMLP Or The General Partner

Martin Midstream shares are trading higher after Nut Tree Capital Management and Caspian reiterated their non-binding proposal to acquire the company.

Nut Tree and Caspian Offer Represents a 31% Premium – and a Highly Compelling Alternative – to Martin Resource Management Corporation's Below Market and Conflict-Ridden Proposal
Nut Tree and Caspian Are Making Offer Public After Conflicts Committee of the Board of Martin Midstream's General Partner Has Refused to Engage
Nut Tree and Caspian Have Advisors in Place and Are Prepared to Commence Expedited Due Diligence; Offer is Not Subject to a Financing Condition
Nut Tree and Caspian Will Consider all Available Alternatives if Conflicts Committee Refuses to Meaningfully Engage
NEW YORK, July 11, 2024 /PRNewswire/ --&nbsp;Nut Tree Capital Management LP ("Nut Tree") and Caspian Capital LP ("Caspian"), today announced they sent a letter to the Conflicts Committee of the Board of Directors (the "Committee") of Martin Midstream GP LLC (the "General Partner") in which Nut Tree and Caspian reiterated their non-binding proposal made on June 21, 2024 to acquire Martin Midstream Partners L.P. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) ("MMLP") for $4.00 per MMLP common unit in cash (the "Proposal").
The Proposal represents a 31% premium over the $3.05 per common unit offer made by Martin Resource Management Corporation ("MRMC") on May 24, 2024, and 23% over the closing price of the common units on July 9, 2024.

Nut Tree Capital Management And Caspian Capital Propose To Acquire Martin Midstream Partners L.P. For $4.00 Per Common Unit In Cash

On June 15, 2024, Martin Midstream Partners became aware of a spill of approximately 2,000 barrels of crude oil originating from the Partnership&#39;s transfer pipeline which connects our Sandyland Terminal to the Smackover Refinery in Smackover, Union County, Arkansas.
The Partnership is working closely with the Environmental Protection Agency (&quot;EPA&quot;), Arkansas Department of Energy and Environment, and Arkansas Game and Fish Commission to respond to the spill.
As of June 23, 2024, clean-up efforts have recovered approximately 1,250 barrels of crude oil and efforts are on-going under a Unified Command structure led by the EPA.

Martin Midstream Partners Says On On June 15, 2024, It Became Aware Of A Spill Of Approximately 2,000 Barrels Of Crude Oil Originating From Its Transfer Pipeline

Martin Midstream Partners Announces Martin Resource Management Corporation Filed Schedule 13D Amendment, Proposing To Acquire All Outstanding Common Units Not Owned By MRMC For $3.05 Per Unit In Cash

Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.07 by 14.29 percent. The company reported quarterly sales of $180.830 million which missed the analyst consensus estimate of $198.797 million by 9.04 percent. This is a 26.05 percent decrease over sales of $244.529 million the same period last year.

Martin Midstream Partners Q1 2024 GAAP EPS $0.08 Beats $0.07 Estimate, Sales $180.830M Miss $198.797M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) is projected to report quarterly earnings at $3.43 per share on revenue of $6.13 billion.
&bull; VinFast Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) is expected to report earnings for its first quarter.
&bull; Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $1.86 billion.
&bull; Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) is estimated to report quarterly earnings at $0.96 per share on revenue of $9.89 billion.
&bull; First Horizon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $809.71 million.
&bull; U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) is projected to report quarterly earnings at $0.88 per share on revenue of $6.72 billion.
&bull; Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) is estimated to report quarterly earnings at $4.81 per share on revenue of $10.49 billion.
&bull; BankUnited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKU#NYSE">BKU</a>) is expected to report quarterly earnings at $0.60 per share on revenue of $240.01 million.
&bull; Citizens Financial Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>) is projected to report quarterly earnings at $0.74 per share on revenue of $1.96 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Exela Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELA#NASDAQ">XELA</a>) is likely to report earnings for its first quarter.
&bull; Home Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBCP#NASDAQ">HBCP</a>) is estimated to report quarterly earnings at $0.97 per share on revenue of $28.45 million.
&bull; Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) is expected to report quarterly earnings at $0.96 per share on revenue of $122.32 million.
&bull; Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $2.94 billion.
&bull; Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>) is estimated to report quarterly earnings at $0.71 per share on revenue of $127.43 million.
&bull; Kinder Morgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $4.47 billion.
&bull; Brandywine Realty Tr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDN#NYSE">BDN</a>) is expected to report quarterly earnings at $0.24 per share on revenue of $129.70 million.
&bull; First Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) is estimated to report quarterly earnings at $0.62 per share on revenue of $161.53 million.
&bull; Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) is expected to report quarterly earnings at $1.43 per share on revenue of $1.40 billion.
&bull; Alcoa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) is projected to report quarterly loss at $0.43 per share on revenue of $2.58 billion.
&bull; Rexford Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REXR#NYSE">REXR</a>) is likely to report quarterly earnings at $0.57 per share on revenue of $207.33 million.
&bull; Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $106.01 million.
&bull; SL Green Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>) is projected to report quarterly earnings at $2.15 per share on revenue of $158.04 million.
&bull; Old Second Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSBC#NASDAQ">OSBC</a>) is likely to report quarterly earnings at $0.46 per share on revenue of $69.80 million.
&bull; Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) is expected to report quarterly earnings at $1.04 per share on revenue of $47.52 million.
&bull; Synovus Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>) is likely to report quarterly earnings at $0.99 per share on revenue of $548.06 million.
&bull; F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $407.30 million.
&bull; Liberty Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $1.09 billion.
&bull; Discover Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) is expected to report quarterly earnings at $2.99 per share on revenue of $4.05 billion.
&bull; Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) is projected to report quarterly earnings at $1.46 per share on revenue of $397.07 million.
&bull; CSX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) is projected to report quarterly earnings at $0.45 per share on revenue of $3.67 billion.
&bull; Wintrust Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) is estimated to report quarterly earnings at $2.44 per share on revenue of $579.20 million.
&bull; Banner (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANR#NASDAQ">BANR</a>) is estimated to report quarterly earnings at $1.13 per share on revenue of $135.76 million.
&bull; Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) is projected to report quarterly earnings at $0.07 per share on revenue of $197.40 million.
&bull; Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.63 billion.
&bull; Marten Transport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRTN#NASDAQ">MRTN</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $272.17 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ASML

BANR

GSBC

HBCP

LBRT

MCRI

MRTN

OSBC

REXR

TFIN

WTFC

XELA

Earnings Scheduled For April 17, 2024

Guidance

Martin Midstream Partners Releases 2024 Adjusted EBITDA Guidance Of $116.1M, Growth Capital Expenditures Of $17.4M, Maintenance Capital Expenditures Of $32M

Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) reported quarterly earnings of $0.02 per share. The company reported quarterly sales of $181.10 million which beat the analyst consensus estimate of $177.85 million by 1.83 percent. This is a 25.60 percent decrease over sales of $243.40 million the same period last year.

Martin Midstream Partners Q4 2023 GAAP EPS $0.02, Sales $181.10M Beat $177.85M Estimate

ACGL

ADPT

AEMD

AMWL

ATEX

ATMU

ATUS

AVNT

AVTR

AYTU

BLIN

BXMT

BYRN

CCRD

CEVA

CHEF

CNDT

CNHI

CNVS

CNXN

CRWS

CSCO

CSPI

EPRT

EQIX

FBRT

FCPT

FROG

FSLY

GLDD

GNRC

GOLD

GPMT

HCSG

HUBS

INFA

ISSC

KRNT

MITQ

NATL

NMIH

NRDS

NTST

PEGA

PGRE

PLMR

POCI

PTEN

PYPD

QIPT

RBBN

Earnings Scheduled For February 14, 2024

Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-02-14. Here's what investors need to know before the announcement.
Analysts estimate that Martin Midstream Partners will report an earnings per share (EPS) of $-0.04. 
Martin Midstream Partners bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Martin Midstream Partners's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.03</td>
<td>0.03</td>
<td>-0.13</td>
<td>-0.01</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.73%</td>
<td>-3.46%</td>
<td>2.42%</td>
<td>-4.17%</td>
</tr>
</tbody>
</table>

<h3>Stock Performance</h3>
Shares of Martin Midstream Partners were trading at $2.24 as of February 12. Over the last 52-week period, shares are down 20.38%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/MMLP/earnings">To track all earnings releases for Martin Midstream Partners visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview: Martin Midstream Partners

The Dow Jones closed higher by over 550 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Below is a look at a few recent notable insider transactions for penny stocks. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>Martin Midstream Partners </h3>
<ul>
<li>The Trade: Martin Midstream Partners LP (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mmlp#NASDAQ">MMLP</a>) Director Ruben S Martin <a href="https://www.benzinga.com/quote/MMLP/analyst-ratings"> acquired a total of 12,000 shares </a> an average price of $2.50. To acquire these shares, it cost around $29,958.</li>
<li>What&rsquo;s Happening: Martin Midstream Partners posted a narrower loss for the third quarter.</li>
<li>What Martin Midstream Partners Does: Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region.</li>
</ul>
<h3>Socket Mobile</h3>
<ul>
<li>The Trade: Socket Mobile Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sckt#NASDAQ">SCKT</a>) Director Charlie Bass <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 5,000 shares </a> at an average price of $1.00. To acquire these shares, it cost around $5,018.</li>
<li>What&rsquo;s Happening: Socket Mobile posted a wider-than-expected third-quarter loss.</li>
<li>What Socket Mobile Does: Socket Mobile Inc is a producer of data capture products. The company&#39;s products are integrated into mobile applications used in mobile point of sale (mPOS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/earnings/23/11/35584496/apple-skyworks-solutions-and-3-stocks-to-watch-heading-into-friday"> Apple, Skyworks Solutions And 3 Stocks To Watch Heading Into Friday </a>
<h3>Butler National </h3>
<ul>
<li>The Trade: Butler National Corporation (OTC: <a class="ticker" href="https://www.benzinga.com/stock/buks#OTC">BUKS</a>) 10% owner Joseph Patrick Daly <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 30,000 shares </a> at an average price of $0.68. The insider spent around $20,390 to buy those shares.</li>
<li>What&rsquo;s Happening: Butler National disclosed the acquisition of KC Machine, a recognized provider of high-quality precision machine parts.</li>
<li>What Butler National Does: Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.</li>
</ul>
&nbsp;
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

Ruben S Martin, Board Member at Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>), reported a large insider buy on October 30, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001176334/000117633423000201//Archives/edgar/data/1176334/000117633423000201/0001176334-23-000201-index.htm">U.S. Securities and Exchange Commission</a> on Monday showed that Martin purchased 69,300 shares of Martin Midstream Partners. The total transaction amounted to $169,790. 
Martin Midstream Partners shares are trading up 4.02% at $2.63 at the time of this writing on Tuesday morning.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001176334">Check Out The Full List Of Martin Midstream Partners's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Board Member of Martin Midstream Partners Makes $169K Buy

The Dow Jones closed higher by over 500 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Below is a look at a few recent notable insider transactions for penny stocks. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>Brightcove </h3>
<ul>
<li>The Trade: Brightcove Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcov#NASDAQ">BCOV</a>) 10% owner Jonathan Brolin <a href="https://www.benzinga.com/quote/BCOV/analyst-ratings"> acquired a total of 3,000 shares </a> an average price of $2.85. To acquire these shares, it cost around $8,550.</li>
<li>What&rsquo;s Happening: Brightcove is expected to report its third quarter fiscal year 2023 results on Nov. 1, 2023.</li>
<li>What Brightcove Does: Brightcove Inc is a provider of cloud-based services for the video ecosystem. The firm targets its solutions at media companies, broadcasters, publishers, and corporations.</li>
</ul>
<h3>Martin Midstream Partners</h3>
<ul>
<li>The Trade: Martin Midstream Partners L.P. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mmlp#NASDAQ">MMLP</a>) Director Ruben S Martin <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 69,300 shares </a> at an average price of $2.45. To acquire these shares, it cost around $169,790.</li>
<li>What&rsquo;s Happening: Martin Midstream Partners posted a narrower loss for the third quarter.</li>
<li>What Martin Midstream Partners Does: Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/earnings/23/10/35483899/fear-among-us-investors-is-growing-fear-greed-index-moves-to-extreme-fear-zone"> Fear Among US Investors Is Growing; Fear &amp; Greed Index Moves To &#39;Extreme Fear&#39; Zone </a>
<h3>Comstock </h3>
<ul>
<li>The Trade: Comstock Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lode#NYSE">LODE</a>) Chief Operating Officer William Joseph McCarthy <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 27,000 shares </a> at an average price of $0.41. The insider spent around $10,951 to buy those shares.</li>
<li>What&rsquo;s Happening: Comstock posted better-than-expected third-quarter earnings.</li>
<li>What Comstock Does: Comstock Inc is engaged in technologies that efficiently use wasted and under-utilized natural resources to produce renewable energy and other products that contribute to balancing uses and emissions of carbon and enhance mineral and material discoveries.</li>
</ul>
&nbsp;
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

Ruben S Martin, Board Member at Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>), reported a large insider buy on October 25, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001176334/000117633423000199//Archives/edgar/data/1176334/000117633423000199/0001176334-23-000199-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that Martin purchased 68,700 shares of Martin Midstream Partners. The total transaction amounted to $161,673. 
Martin Midstream Partners shares are trading down 0.0% at $2.45 at the time of this writing on Thursday morning.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001176334">Check Out The Full List Of Martin Midstream Partners's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Martin Midstream Partners Board Member Makes $161K Stock Purchase

The Dow Jones closed lower by over 100 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Below is a look at a few recent notable insider transactions for penny stocks. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>Martin Midstream Partners </h3>
<ul>
<li>The Trade: Martin Midstream Partners L.P. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mmlp#NASDAQ">MMLP</a>) Director Ruben S Martin <a href="https://www.benzinga.com/quote/MMLP/analyst-ratings"> acquired a total of 68,700 shares </a> an average price of $2.35. To acquire these shares, it cost around $161,674.</li>
<li>What&rsquo;s Happening: Martin Midstream Partners posted a narrower loss for the third quarter.</li>
<li>What Martin Midstream Partners Does: Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region.</li>
</ul>
<h3>Butler National</h3>
<ul>
<li>The Trade: Butler National Corporation (OTC: <a class="ticker" href="https://www.benzinga.com/stock/buks#OTC">BUKS</a>) 10% owner Joseph Patrick Daly <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 30,000 shares </a> at an average price of $0.67. To acquire these shares, it cost around $20,185.</li>
<li>What&rsquo;s Happening: Butler National disclosed the acquisition of KC Machine, a recognized provider of high-quality precision machine parts.</li>
<li>What Butler National Does: Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/earnings/23/10/35431932/fear-continues-to-grip-markets-as-s-p-500-settles-below-4-200"> Fear Continues To Grip Markets As S&amp;P 500 Settles Below 4,200 </a>
<h3>ADM Endeavors </h3>
<ul>
<li>The Trade: ADM Endeavors, Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/admq#OTC">ADMQ</a>) CEO Marc Johnson <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 150,000 shares </a> at an average price of $0.05. The insider spent $7,958 to buy those shares.</li>
<li>What&rsquo;s Happening: The company&rsquo;s stock declined around 16% over the past month.</li>
<li>What ADM Endeavors Does: ADM Endeavors Inc operates a diverse vertical integrated business, which consists of a retail sales division, focusing on screen print promotions, embroidery production, digital production, import wholesale sourcing, and uniforms.</li>
</ul>
&nbsp;
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

Martin Midstream Partners Q2 2024 Earnings Preview

Notable earnings after Wednesday's close

Martin Midstream Partners GAAP EPS of $0.09 beats by $0.01, revenue of $184.53M misses by $9.38M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Martin Midstream Partners (NASDAQ:<a href="https://investorplace.com/stock-quotes/mmlp-stock-quote/">MMLP</a>) just reported results for the second quarter of 2024.<ul><li>Martin Midstream Partners reported earnings per share of 9 cents. This was above the analyst estimate for EPS of 8 cents.</li><li>The company reported revenue of $184.53 million.</li><li>This was 4.84% worse than the analyst estimate for revenue of $193.91 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	The post <a href="https://investorplace.com/earning-results/2024/07/mmlp-stock-earnings-martin-midstream-partners-for-q2-of-2024/">MMLP Stock Earnings: Martin Midstream Partners Beats EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

MMLP Stock Earnings: Martin Midstream Partners Beats EPS, Misses Revenue for Q2 2024

Martin Midstream Partners declares $0.005 dividend

Martin Midstream Partners L.P. (MMLP) Q2 2024 Earnings Call Transcript

Analysts have been eager to weigh in on the Energy sector with new ratings on Liberty Oilfield Services (LBRT – Research Report), Martin Midstream ...

Analysts Offer Insights on Energy Companies: Liberty Oilfield Services (LBRT), Martin Midstream (MMLP) and Viper Energy (VNOM)

Midstream Midstream pops 10% after Nut Tree, Caspian boost takeover offer

Brent crude sinks to eight-month low as lackluster U.S. jobs report fuels demand worries

Martin Midstream Partners: Increased Bid Likely Needed From Martin Resource Management

AMTX

ASPI

BOIL

CTRI

DRIP

GTLS

GUSH

HOMB

KOLD

NVEC

STLD

TPIC

USOI

VNOM

WAVE

Press Releases

Martin Midstream Partners L.P. to Participate in the 21st Annual Energy Infrastructure CEO & Investor Conference

Martin Midstream Partners L.P. Receives Buyout Offer from Martin Resource Management Corporation

Martin Midstream Partners Statement on Crude Oil Pipeline Spill

Martin Midstream Partners L.P. 2023 Schedule K-3 Forms Now Available

Martin Midstream Partners L.P. Sets Date for Release of Second Quarter 2024 Financial Results and Conference Call

Commodities

Nut Tree Capital Management and Caspian Capital Propose to Acquire Martin Midstream Partners L.P. for $4.00 Per Common Unit in Cash

Martin Resource Management Corporation Issues Comment to Nut Tree Capital and Caspian Capital Proposal

Martin Midstream Partners Reports Second Quarter 2024 Financial Results and Declares Quarterly Cash Distribution

Nut Tree Capital Management and Caspian Capital Send Letter Highlighting Grossly Conflicted Conflicts Committee of the Martin Midstream GP LLC Board of Directors

Nut Tree Capital Management and Caspian Capital Increase Offer to Purchase Martin Midstream Partners L.P. to $4.50 per Common Unit In Cash

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Martin Midstream Partners

News

Latest news for Martin Midstream Partners (NASDAQ:MMLP) Stock

People Also Watch