secwatch.observer — SEC 8-K summary
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Issuer:     MARTIN MIDSTREAM PARTNERS L.P. (MMLP)
CIK:        0001176334
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001176334-23-000192
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Martin Midstream Q3 net loss $1.1M, adj EBITDA $26.2M; reaffirms FY adj EBITDA guidance $115.4M
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- Q3 2023 net loss $1.1M vs $28.0M loss year ago; loss $0.03/unit.
- Adjusted EBITDA $26.2M, up from $18.8M in Q3 2022.
- Total debt $462.5M; adjusted leverage 3.95x, down from 4.14x at Q2 2023.
- Reaffirmed 2023 annual adj EBITDA guidance of $115.4M, excluding butane optimization exit.
- Declared Q3 cash distribution of $0.005/unit, payable Nov 14, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1176334/000117633423000192/0001176334-23-000192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1176334/000117633423000192/mmlp-20231018.htm
  HTML page:      https://secwatch.observer/filing/0001176334-23-000192

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