---
schema_version: "secwatch.filing_event.v1"
accession: "0001176334-24-000019"
form_type: "8-K"
ticker: "MMLP"
cik: "0001176334"
company_name: "MARTIN MIDSTREAM PARTNERS L.P."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:04:53.686513+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Martin Midstream beats FY 2023 adj EBITDA guidance, reduces debt $73.5M, sets 2024 guidance $116.1M

## Summary
- Q4 net income $0.5M ($0.01/unit); FY net loss $4.5M ($0.11/unit).
- FY 2023 adj EBITDA $117.7M (ex-butane), above guidance of $115.4M.
- Debt reduced $73.5M in 2023; leverage ratio improved to 3.75x from 4.53x.
- 2024 guidance: adj EBITDA $116.1M, growth capex $17.4M, maintenance capex $32.0M.
- Began construction on oleum tower for semiconductor sulfuric acid JV; completion H1 2024.

## SEC filing metadata
- accession: 0001176334-24-000019
- form_type: 8-K
- ticker: MMLP
- cik: 0001176334
- company_name: MARTIN MIDSTREAM PARTNERS L.P.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1176334/000117633424000019/0001176334-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176334/000117633424000019/mmlp-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001176334-24-000019
- JSON: https://secwatch.observer/filing/0001176334-24-000019.json
- Plain text: https://secwatch.observer/filing/0001176334-24-000019.txt

## Key facts
- Earnings Releases
  MARTIN MIDSTREAM PARTNERS L.P. reported the quarter and year ended December 31, 2023 results: net income $0.5 million, EPS $0.01 per limited partner unit. Guidance initiated.
  - Period: the quarter and year ended December 31, 2023
  - Net income: $0.5 million
  - EPS: $0.01 per limited partner unit
  - Guidance: initiated
  - Result: reported results
  source text: On February 14, 2024, Martin Midstream Partners L.P. (the "Partnership") issued a press release reporting its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176334/000117633424000019/0001176334-24-000019-index.htm

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