{"schema_version":"secwatch.filing_event.v1","accession":"0001176334-23-000078","form_type":"8-K","ticker":"MMLP","cik":"0001176334","company_name":"MARTIN MIDSTREAM PARTNERS L.P.","filed_at":"2023-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.151975+00:00","generated_at":"2026-06-16T23:22:58.915570+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Martin Midstream Q1 net loss $5.1M; adjusted EBITDA $30.6M in line with guidance; distribution unchanged at $0.005/unit","bullets":["Net loss of $5.1M ($0.13/unit) vs net income of $11.5M a year ago; includes $5.1M loss on debt extinguishment.","Revenue $244.5M, down 12% from $279.2M; adjusted EBITDA after butane exit $30.6M vs guidance $31.4M.","Leverage ratio improved to 4.25x from 4.53x; total debt reduced $16M to $500M.","Quarterly cash distribution unchanged at $0.005/unit, payable May 15 to record holders May 8.","Full-year 2023 adjusted EBITDA guidance after butane exit reaffirmed at $115.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001176334-23-000078","json":"https://secwatch.observer/filing/0001176334-23-000078.json","markdown":"https://secwatch.observer/filing/0001176334-23-000078.md","text":"https://secwatch.observer/filing/0001176334-23-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1176334/000117633423000078/0001176334-23-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1176334/000117633423000078/mmlp-20230419.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T23:22:58.915570+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":"09340c2f8458f980b8accc7904f97dc56902dce4","claim":"MARTIN MIDSTREAM PARTNERS L.P. reported first quarter of 2023 results: net income net loss of $5.1 million.","evidence_excerpt":"Martin Midstream Partners L.P. (the \"Partnership\") issued a press release reporting its financial results for the quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1176334/000117633423000078/0001176334-23-000078-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"net loss of $5.1 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"}