---
schema_version: "secwatch.filing_event.v1"
accession: "0001176334-22-000022"
form_type: "8-K"
ticker: "MMLP"
cik: "0001176334"
company_name: "MARTIN MIDSTREAM PARTNERS L.P."
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:23:11.790015+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Martin Midstream Partners reports Q4 net income $10.8M and full year 2021 adjusted EBITDA $114.5M, exceeding guidance

## Summary
- Reported net income of $10.8M for Q4 2021 and net loss of $0.2M for full year 2021.
- Generated adjusted EBITDA of $39.7M (Q4) and $114.5M (full year), exceeding 2021 guidance by ~$12.5M.
- Reduced adjusted leverage ratio from 5.47x at Sep 30, 2021 to 4.19x at Dec 31, 2021.
- 2022 financial guidance: adjusted EBITDA range $100M-$110M, distributable cash flow $31M-$41M.
- Net income improved across all segments; NGL segment Q4 adjusted EBITDA rose to $12.8M from $2.0M year-over-year.

## SEC filing metadata
- accession: 0001176334-22-000022
- form_type: 8-K
- ticker: MMLP
- cik: 0001176334
- company_name: MARTIN MIDSTREAM PARTNERS L.P.
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176334/000117633422000022/0001176334-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176334/000117633422000022/mmlp-20220216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001176334-22-000022
- JSON: https://secwatch.observer/filing/0001176334-22-000022.json
- Plain text: https://secwatch.observer/filing/0001176334-22-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.