Martin Midstream reports Q3 net loss of $8.4M, withdraws FY2025 guidance; declares $0.005 distribution

MARTIN MIDSTREAM PARTNERS L.P.

Net loss of $8.4M ($0.21/unit) vs $3.3M loss a year ago; Adjusted EBITDA fell to $19.3M from $25.1M.
Transportation segment EBITDA dropped $6.3M to $5.3M; marine barge EBITDA declined $5.0M due to weak demand.
Partnership withdraws full-year 2025 guidance citing soft inland barge utilization and lagging grease sales.
Declares quarterly cash distribution of $0.005 per common unit.
Adjusted leverage ratio rose to 4.63x from 4.20x; partnership remains in compliance with debt covenants.

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