{"schema_version":"secwatch.filing_event.v1","accession":"0001176334-23-000036","form_type":"8-K","ticker":"MMLP","cik":"0001176334","company_name":"MARTIN MIDSTREAM PARTNERS L.P.","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.052007+00:00","generated_at":"2026-06-19T10:41:53.289713+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MMLP reports Q4 net loss $0.4M; exits butane optimization, refinances debt, guides 2023 EBITDA ~$115M","bullets":["Q4 2022 net loss of $0.4M ($0.01/unit); adjusted EBITDA $17.8M vs $39.7M in Q4 2021.","Exiting butane optimization (Q4 neg. adj. EBITDA $10.7M, FY $7.2M); expects to sell remaining inventory by Q2 2023.","Closed $400M 5-year 2nd lien notes due 2028; repaid all 2024/2025 notes; revolver amended to $200M, maturity 2027.","S&P, Fitch, Moody's upgraded credit ratings to B-/B3 with stable outlook in Jan/Feb 2023.","FY 2023 guidance: Adj. EBITDA ~$115.3M (after butane exit), growth capex $17.5M, debt reduction ~$55M, leverage target 4.0x."],"urls":{"canonical":"https://secwatch.observer/filing/0001176334-23-000036","json":"https://secwatch.observer/filing/0001176334-23-000036.json","markdown":"https://secwatch.observer/filing/0001176334-23-000036.md","text":"https://secwatch.observer/filing/0001176334-23-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1176334/000117633423000036/0001176334-23-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1176334/000117633423000036/mmlp-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T10:41:53.289713+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6bd03f3c4c225c25bdd11f275fe9c40ee1d8087a","claim":"MARTIN MIDSTREAM PARTNERS L.P. reported the fourth quarter ended December 31, 2022 results: net income $0.4 million.","evidence_excerpt":"Reported net loss of $0.4 million and $10.3 million for the fourth quarter and year ended December 31, 2022, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1176334/000117633423000036/0001176334-23-000036-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Net income","value":"$0.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"70d51fafa56974972c02ef7162a0ec0417ff6c85","claim":"MARTIN MIDSTREAM PARTNERS L.P. reported the year ended December 31, 2022 results: net income $10.3 million.","evidence_excerpt":"Reported net loss of $0.4 million and $10.3 million for the fourth quarter and year ended December 31, 2022, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1176334/000117633423000036/0001176334-23-000036-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Net income","value":"$10.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}