secwatch.observer — SEC 8-K summary
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Issuer:     MARTIN MIDSTREAM PARTNERS L.P. (MMLP)
CIK:        0001176334
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0001176334-21-000139
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Martin Midstream Q2 net loss $6.6M, revenue up 31% to $184.3M; credit facility amended, distribution $0.005/unit
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- Net loss of $6.6M ($0.17/unit) vs loss of $2.2M ($0.06/unit) in Q2 2020; adjusted EBITDA $22.5M vs $23.9M.
- Revenue $184.3M, up 31% YoY from $140.6M; FY2021 cash flow guidance $95M-$102M reaffirmed.
- Declared quarterly distribution of $0.005/unit (annual $0.02), payable Aug 13, record Aug 6.
- Credit facility amended effective July 16: commitments reduced to $275M from $300M, new covenant ratios.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1176334/000117633421000139/0001176334-21-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1176334/000117633421000139/mmlp-20210716.htm
  HTML page:      https://secwatch.observer/filing/0001176334-21-000139

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer