---
schema_version: "secwatch.filing_event.v1"
accession: "0001176334-22-000194"
form_type: "8-K"
ticker: "MMLP"
cik: "0001176334"
company_name: "MARTIN MIDSTREAM PARTNERS L.P."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T12:15:07.325569+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Martin Midstream Q3 net loss $28M ($0.71/unit); cuts FY22 adj. EBITDA guide to $116-121M

## Summary
- Net loss of $28.0M in Q3 2022 vs $6.9M loss in Q3 2021, including $21.8M inventory write-down.
- Adjusted EBITDA of $18.8M in Q3 vs $21.5M prior year; T&S and Transportation outperformed, Sulfur and NGL weakened.
- Q4 2022 adjusted EBITDA guidance lowered to $19-24M; full-year 2022 revised to $116-121M from prior $133-138M (pre-SG&A).
- Total debt $547M at Sep 30, 2022; $44M liquidity; revolver matures Aug 2023; refinancing underway.
- NGL segment had $18.5M non-cash inventory write-down; Sulfur segment also had $3.3M write-down and higher maintenance costs.

## SEC filing metadata
- accession: 0001176334-22-000194
- form_type: 8-K
- ticker: MMLP
- cik: 0001176334
- company_name: MARTIN MIDSTREAM PARTNERS L.P.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176334/000117633422000194/0001176334-22-000194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176334/000117633422000194/mmlp-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001176334-22-000194
- JSON: https://secwatch.observer/filing/0001176334-22-000194.json
- Plain text: https://secwatch.observer/filing/0001176334-22-000194.txt

## Key facts
- Earnings Releases
  MARTIN MIDSTREAM PARTNERS L.P. reported the quarter ended September 30, 2022 results: revenue $229.3 million, net income $28.0 million, EPS $0.71. Guidance lowered.
  - Period: the quarter ended September 30, 2022
  - Revenue: $229.3 million
  - Net income: $28.0 million
  - EPS: $0.71
  - Guidance: lowered
  - Result: reported results
  source text: ended September 30, 2022 was $(3.5) million compared to $5.2 million for the three months ended September 30, 2021. Revenues for the three months ended September 30, 2022 were $229.3 million comp
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176334/000117633422000194/0001176334-22-000194-index.htm

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