Martin Midstream Q2 net loss $2.4M, adj EBITDA $27.1M; FY guidance reaffirmed

MARTIN MIDSTREAM PARTNERS L.P.

Net loss of $2.4M ($0.06/unit) vs net income of $3.8M ($0.09/unit) in Q2 2024.
Adjusted EBITDA $27.1M down from $31.7M YoY; full-year guidance held at $109.1M.
Dividend declared at $0.005/common unit, unchanged from prior quarter.
Transportation segment adj EBITDA fell to $8.5M from $11.2M on lower land miles and rates.
Leverage ratio 4.20x; expects higher leverage in Q3 due to turnarounds and interest payment.

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