{"schema_version":"secwatch.filing_event.v1","accession":"0001176334-26-000006","form_type":"8-K","ticker":"MMLP","cik":"0001176334","company_name":"MARTIN MIDSTREAM PARTNERS L.P.","filed_at":"2026-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.644274+00:00","generated_at":"2026-05-16T01:57:20.070409+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Martin Midstream Q4 net loss $2.9M; FY25 Adj. EBITDA $99.0M; 2026 guidance $96.5M","bullets":["Q4 net loss $2.9M ($0.07/unit); FY net loss $14.8M ($0.37/unit) vs loss $5.2M in 2024.","Q4 Adjusted EBITDA $24.8M; FY $99.0M vs $110.6M in 2024, down 10.5% YoY.","Transportation segment FY Adj. EBITDA $30.8M (-$11.7M YoY); grease business down $5.3M.","2026 guidance: Adj. EBITDA $96.5M, total capex $36.5M (incl. $10M turnaround), adj. FCF $5.8M.","Ended 2025 with $439.1M debt, $31.4M liquidity, leverage ratio 4.43x; dividend held at $0.005/unit."],"urls":{"canonical":"https://secwatch.observer/filing/0001176334-26-000006","json":"https://secwatch.observer/filing/0001176334-26-000006.json","markdown":"https://secwatch.observer/filing/0001176334-26-000006.md","text":"https://secwatch.observer/filing/0001176334-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1176334/000117633426000006/0001176334-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1176334/000117633426000006/mmlp-20260218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:57:20.070409+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}