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Martin Midstream Partners LP
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Let's analyse Martin Midstream Partners LP together

PenkeI guess you are interested in Martin Midstream Partners LP. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Martin Midstream Partners LP. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Martin Midstream Partners LP (30 sec.)










What can you expect buying and holding a share of Martin Midstream Partners LP? (30 sec.)

How much money do you get?

How much money do you get?
$0.02
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$-1.66
Expected worth in 1 year
$-1.79
How sure are you?
65.0%

+ What do you gain per year?

Total Gains per Share
$-0.11
Return On Investment
-4.4%

For what price can you sell your share?

Current Price per Share
$2.56
Expected price per share
$2.4641 - $2.72
How sure are you?
50%

1. Valuation of Martin Midstream Partners LP (5 min.)




Live pricePrice per Share (EOD)

$2.56

Intrinsic Value Per Share

$-17.81 - $8.07

Total Value Per Share

$-19.46 - $6.41

2. Growth of Martin Midstream Partners LP (5 min.)




Is Martin Midstream Partners LP growing?

Current yearPrevious yearGrowGrow %
How rich?-$64.6m-$46.8m-$17.6m-27.3%

How much money is Martin Midstream Partners LP making?

Current yearPrevious yearGrowGrow %
Making money-$1.1m-$2.5m$1.4m127.2%
Net Profit Margin-0.5%-1.4%--

How much money comes from the company's main activities?

3. Financial Health of Martin Midstream Partners LP (5 min.)




4. Comparing to competitors in the Oil & Gas Midstream industry (5 min.)




  Industry Rankings (Oil & Gas Midstream)  


Richest
#70 / 72

Most Revenue
#45 / 72

Most Profit
#67 / 72

What can you expect buying and holding a share of Martin Midstream Partners LP? (5 min.)

Welcome investor! Martin Midstream Partners LP's management wants to use your money to grow the business. In return you get a share of Martin Midstream Partners LP.

What can you expect buying and holding a share of Martin Midstream Partners LP?

First you should know what it really means to hold a share of Martin Midstream Partners LP. And how you can make/lose money.

Speculation

The Price per Share of Martin Midstream Partners LP is $2.56. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Martin Midstream Partners LP.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Martin Midstream Partners LP, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $-1.66. Based on the TTM, the Book Value Change Per Share is $-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.07 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Martin Midstream Partners LP.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.010.5%-0.03-1.1%-0.07-2.6%-0.26-10.0%-0.03-1.4%
Usd Book Value Change Per Share0.010.4%-0.03-1.3%-0.07-2.9%-0.42-16.5%-0.21-8.1%
Usd Dividend Per Share0.010.2%0.010.2%0.010.2%0.072.8%0.3614.0%
Usd Total Gains Per Share0.010.6%-0.03-1.1%-0.07-2.7%-0.35-13.6%0.155.9%
Usd Price Per Share2.40-2.52-3.65-3.45-13.20-
Price to Earnings Ratio45.26-8.21--17.40--3.41--8.40-
Price-to-Total Gains Ratio169.26-29.27--966.91--187.93-107.57-
Price to Book Ratio-1.45--1.52--3.39--2.37-0.07-
Price-to-Total Gains Ratio169.26-29.27--966.91--187.93-107.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.56
Number of shares390
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.07
Usd Book Value Change Per Share-0.03-0.42
Usd Total Gains Per Share-0.03-0.35
Gains per Quarter (390 shares)-10.96-136.19
Gains per Year (390 shares)-43.86-544.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
18-52-54114-658-555
216-104-98227-1317-1100
324-155-142341-1975-1645
432-207-186454-2633-2190
540-259-230568-3292-2735
648-311-274681-3950-3280
756-363-318795-4608-3825
863-414-362909-5267-4370
971-466-4061022-5925-4915
1079-518-4501136-6583-5460

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%6.06.00.050.0%9.011.00.045.0%23.017.00.057.5%71.018.00.079.8%
Book Value Change Per Share2.02.00.050.0%6.06.00.050.0%8.012.00.040.0%13.027.00.032.5%32.057.00.036.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%84.00.05.094.4%
Total Gains per Share2.02.00.050.0%6.06.00.050.0%9.011.00.045.0%26.014.00.065.0%70.019.00.078.7%

Fundamentals of Martin Midstream Partners LP

About Martin Midstream Partners LP

Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The company's Terminalling and Storage segment owns or operates various marine shore-based terminal facilities and specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Transportation segment operates various trucks and tank trailers; and inland marine tank barges, inland push boats, and articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. Its Specialty Products segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial natural gas liquid users, and propane retailers. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.

Fundamental data was last updated by Penke on 2024-03-21 00:02:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Martin Midstream Partners LP.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Martin Midstream Partners LP earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Martin Midstream Partners LP to the Oil & Gas Midstream industry mean.
  • A Net Profit Margin of 0.3% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Martin Midstream Partners LP:

  • The MRQ is 0.3%. The company is not making a profit/loss.
  • The TTM is -0.5%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.3%TTM-0.5%+0.7%
TTM-0.5%YOY-1.4%+1.0%
TTM-0.5%5Y-5.4%+5.0%
5Y-5.4%10Y-1.5%-3.9%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%28.3%-28.0%
TTM-0.5%19.1%-19.6%
YOY-1.4%14.5%-15.9%
5Y-5.4%13.0%-18.4%
10Y-1.5%7.9%-9.4%
1.1.2. Return on Assets

Shows how efficient Martin Midstream Partners LP is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Martin Midstream Partners LP to the Oil & Gas Midstream industry mean.
  • 0.1% Return on Assets means that Martin Midstream Partners LP generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Martin Midstream Partners LP:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.1%TTM-0.2%+0.3%
TTM-0.2%YOY-0.4%+0.2%
TTM-0.2%5Y-1.4%+1.2%
5Y-1.4%10Y-0.4%-1.0%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%1.7%-1.6%
TTM-0.2%1.4%-1.6%
YOY-0.4%1.4%-1.8%
5Y-1.4%1.1%-2.5%
10Y-0.4%0.9%-1.3%
1.1.3. Return on Equity

Shows how efficient Martin Midstream Partners LP is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Martin Midstream Partners LP to the Oil & Gas Midstream industry mean.
  • 0.0% Return on Equity means Martin Midstream Partners LP generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Martin Midstream Partners LP:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.8%-0.8%
TTM0.8%YOY0.0%+0.9%
TTM0.8%5Y66.3%-65.4%
5Y66.3%10Y34.1%+32.2%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.4%-4.4%
TTM0.8%3.6%-2.8%
YOY0.0%3.8%-3.8%
5Y66.3%2.3%+64.0%
10Y34.1%2.0%+32.1%

1.2. Operating Efficiency of Martin Midstream Partners LP.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Martin Midstream Partners LP is operating .

  • Measures how much profit Martin Midstream Partners LP makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Martin Midstream Partners LP to the Oil & Gas Midstream industry mean.
  • An Operating Margin of 9.3% means the company generated $0.09  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Martin Midstream Partners LP:

  • The MRQ is 9.3%. The company is operating less efficient.
  • The TTM is 4.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.3%TTM4.0%+5.4%
TTM4.0%YOY4.7%-0.7%
TTM4.0%5Y5.4%-1.5%
5Y5.4%10Y6.3%-0.9%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ9.3%29.4%-20.1%
TTM4.0%20.3%-16.3%
YOY4.7%19.2%-14.5%
5Y5.4%21.0%-15.6%
10Y6.3%17.1%-10.8%
1.2.2. Operating Ratio

Measures how efficient Martin Midstream Partners LP is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • An Operation Ratio of 0.91 means that the operating costs are $0.91 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Martin Midstream Partners LP:

  • The MRQ is 0.907. The company is less efficient in keeping operating costs low.
  • The TTM is 0.902. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.907TTM0.902+0.004
TTM0.902YOY0.953-0.051
TTM0.9025Y0.934-0.032
5Y0.93410Y0.933+0.001
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9070.915-0.008
TTM0.9020.927-0.025
YOY0.9530.902+0.051
5Y0.9340.898+0.036
10Y0.9330.901+0.032

1.3. Liquidity of Martin Midstream Partners LP.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Martin Midstream Partners LP is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • A Current Ratio of 1.14 means the company has $1.14 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Martin Midstream Partners LP:

  • The MRQ is 1.137. The company is just able to pay all its short-term debts.
  • The TTM is 1.383. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.137TTM1.383-0.246
TTM1.383YOY1.484-0.101
TTM1.3835Y1.393-0.011
5Y1.39310Y1.563-0.170
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1370.996+0.141
TTM1.3831.087+0.296
YOY1.4841.016+0.468
5Y1.3931.031+0.362
10Y1.5631.150+0.413
1.3.2. Quick Ratio

Measures if Martin Midstream Partners LP is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Martin Midstream Partners LP to the Oil & Gas Midstream industry mean.
  • A Quick Ratio of 0.61 means the company can pay off $0.61 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Martin Midstream Partners LP:

  • The MRQ is 0.609. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.714. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.609TTM0.714-0.105
TTM0.714YOY0.674+0.040
TTM0.7145Y0.706+0.008
5Y0.70610Y0.760-0.054
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6090.629-0.020
TTM0.7140.688+0.026
YOY0.6740.805-0.131
5Y0.7060.846-0.140
10Y0.7600.847-0.087

1.4. Solvency of Martin Midstream Partners LP.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Martin Midstream Partners LP assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Martin Midstream Partners LP to Oil & Gas Midstream industry mean.
  • A Debt to Asset Ratio of 1.13 means that Martin Midstream Partners LP assets are financed with 112.7% credit (debt) and the remaining percentage (100% - 112.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Martin Midstream Partners LP:

  • The MRQ is 1.127. The company is just not able to pay all its debts by selling its assets. -1
  • The TTM is 1.125. The company is just not able to pay all its debts by selling its assets. -1
Trends
Current periodCompared to+/- 
MRQ1.127TTM1.125+0.002
TTM1.125YOY1.077+0.048
TTM1.1255Y1.071+0.054
5Y1.07110Y0.899+0.172
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1270.516+0.611
TTM1.1250.524+0.601
YOY1.0770.550+0.527
5Y1.0710.544+0.527
10Y0.8990.541+0.358
1.4.2. Debt to Equity Ratio

Measures if Martin Midstream Partners LP is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Martin Midstream Partners LP to the Oil & Gas Midstream industry mean.
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Martin Midstream Partners LP:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM4.388-4.388
TTM4.388YOY0.322+4.066
TTM4.3885Y39.858-35.470
5Y39.85810Y21.514+18.344
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.099-1.099
TTM4.3881.138+3.250
YOY0.3221.231-0.909
5Y39.8581.263+38.595
10Y21.5141.257+20.257

2. Market Valuation of Martin Midstream Partners LP

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Martin Midstream Partners LP generates.

  • Above 15 is considered overpriced but always compare Martin Midstream Partners LP to the Oil & Gas Midstream industry mean.
  • A PE ratio of 45.26 means the investor is paying $45.26 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Martin Midstream Partners LP:

  • The EOD is 48.280. Based on the earnings, the company is overpriced. -1
  • The MRQ is 45.262. Based on the earnings, the company is overpriced. -1
  • The TTM is 8.213. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD48.280MRQ45.262+3.017
MRQ45.262TTM8.213+37.050
TTM8.213YOY-17.401+25.614
TTM8.2135Y-3.412+11.625
5Y-3.41210Y-8.404+4.992
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD48.2809.111+39.169
MRQ45.2628.285+36.977
TTM8.2138.279-0.066
YOY-17.4018.006-25.407
5Y-3.41211.797-15.209
10Y-8.40413.102-21.506
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Martin Midstream Partners LP:

  • The EOD is 1.253. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.175. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -6.337. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD1.253MRQ1.175+0.078
MRQ1.175TTM-6.337+7.512
TTM-6.337YOY-1.557-4.780
TTM-6.3375Y-1.360-4.977
5Y-1.36010Y-1.311-0.049
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD1.2536.025-4.772
MRQ1.1755.879-4.704
TTM-6.3375.295-11.632
YOY-1.5575.301-6.858
5Y-1.3603.845-5.205
10Y-1.3113.830-5.141
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Martin Midstream Partners LP is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • A PB ratio of -1.45 means the investor is paying $-1.45 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Martin Midstream Partners LP:

  • The EOD is -1.545. Based on the equity, the company is expensive. -2
  • The MRQ is -1.448. Based on the equity, the company is expensive. -2
  • The TTM is -1.521. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.545MRQ-1.448-0.097
MRQ-1.448TTM-1.521+0.073
TTM-1.521YOY-3.388+1.867
TTM-1.5215Y-2.372+0.851
5Y-2.37210Y0.072-2.444
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD-1.5451.351-2.896
MRQ-1.4481.262-2.710
TTM-1.5211.214-2.735
YOY-3.3881.105-4.493
5Y-2.3721.021-3.393
10Y0.0721.204-1.132
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Martin Midstream Partners LP.

3.1. Institutions holding Martin Midstream Partners LP

Institutions are holding 35.495% of the shares of Martin Midstream Partners LP.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Amvescap Plc.18.49370.0041721274500
2023-09-30Goldman Sachs Group Inc4.4780.0011746469-211911-10.8207
2023-09-30Barclays PLC3.8460.0026150000000
2023-09-30Blackstone Inc3.47540.01581355448-496900-26.8254
2023-09-30JPMorgan Chase & Co1.57230.0002613215546169.7773
2023-09-30Raymond James & Associates1.55570.0014606758191943.2667
2023-09-30Wells Fargo & Co0.20970.000181770787810.6615
2023-09-30Citadel Advisors Llc0.1641064007640070
2023-09-30Morgan Stanley - Brokerage Accounts0.134105231138652282.9783
2023-09-30Susquehanna International Group, LLP0.131105111830536148.3626
2023-09-30BNP Paribas Arbitrage, SA0.10460.000240810821225.1917
2023-09-30JANE STREET GROUP, LLC0.09990389721365653.9422
2023-09-30Geode Capital Management, LLC0.084803306800
2023-09-30UBS Group AG0.077303013612214.2227
2023-12-31Victory Capital Management Inc.0.07640.000129793750033.6428
2023-09-30Independent Advisor Alliance0.04510.002217590-108-0.6102
2023-09-30HighTower Advisors, LLC0.04140.000116130180.1117
2023-09-30LPL Financial Corp0.03390132221701.3025
2023-12-31Cetera Advisor Networks LLC0.03220.000212542125420
2023-09-30Bank of America Corp0.028010904-2018-15.6168
Total 34.68370.02813527008-452735-3.3%

3.2. Funds holding Martin Midstream Partners LP

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Invesco SteelPath MLP Income Y18.0160.4701702643400
2024-02-29VT De Lisle America B USD0.59190.131623083300
2023-12-31Invesco SteelPath MLP Select 40 Y0.47770.024218631100
2024-01-31Fidelity Nasdaq Composite Index0.08480.00053306800
2024-02-29Global X MLP ETF0.0003010000
Total 19.17070.6264747674600.0%

3.3. Insider Transactions

Insiders are holding 27.645% of the shares of Martin Midstream Partners LP.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-03-12Ruben S MartinBUY5662.56
2024-03-12Scot A ShoupBUY1212.56
2024-03-12Sharon L TaylorBUY2742.56
2024-03-12Robert D BondurantBUY11062.56
2024-02-16Robert D BondurantBUY1682.28
2024-02-16Ruben S MartinBUY302.28
2024-02-16Scot A ShoupBUY602.28
2024-02-16Sharon L TaylorBUY312.28
2024-02-09Scot A ShoupBUY1422.2
2024-02-09Sharon L TaylorBUY3202.2
2024-02-09Ruben S MartinBUY6602.2
2024-02-09Robert D BondurantBUY12892.2
2024-01-10Robert D BondurantBUY11362.49
2024-01-10Ruben S MartinBUY5822.49
2024-01-10Scot A ShoupBUY1252.49
2024-01-10Sharon L TaylorBUY2822.49
2023-12-11Robert D BondurantBUY11232.52
2023-12-11Ruben S MartinBUY5752.52
2023-12-11Scot A ShoupBUY1232.52
2023-12-11Sharon L TaylorBUY2792.52

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Martin Midstream Partners LP compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.009-0.033+465%-0.073+903%-0.422+4736%-0.208+2389%
Book Value Per Share---1.657-1.6540%-1.202-27%-0.962-42%4.073-141%
Current Ratio--1.1371.383-18%1.484-23%1.393-18%1.563-27%
Debt To Asset Ratio--1.1271.125+0%1.077+5%1.071+5%0.899+25%
Debt To Equity Ratio---4.388-100%0.322-100%39.858-100%21.514-100%
Dividend Per Share--0.0050.0050%0.0050%0.073-93%0.360-99%
Eps--0.013-0.029+318%-0.067+607%-0.257+2038%-0.035+362%
Free Cash Flow Per Share--0.5110.645-21%-0.071+114%0.244+109%0.314+62%
Free Cash Flow To Equity Per Share---0.008-0.020+160%-0.017+117%-0.307+3904%-0.223+2812%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--8.066--------
Intrinsic Value_10Y_min---17.806--------
Intrinsic Value_1Y_max--1.194--------
Intrinsic Value_1Y_min--0.475--------
Intrinsic Value_3Y_max--3.294--------
Intrinsic Value_3Y_min---0.521--------
Intrinsic Value_5Y_max--5.039--------
Intrinsic Value_5Y_min---3.644--------
Market Cap99842816.000+6%93602640.00098185269.250-5%142159009.500-34%134651297.750-30%514625656.800-82%
Net Profit Margin--0.003-0.005+261%-0.014+608%-0.054+1999%-0.015+642%
Operating Margin--0.0930.040+136%0.047+100%0.054+71%0.063+48%
Operating Ratio--0.9070.902+0%0.953-5%0.934-3%0.933-3%
Pb Ratio-1.545-7%-1.448-1.521+5%-3.388+134%-2.372+64%0.072-2111%
Pe Ratio48.280+6%45.2628.213+451%-17.401+138%-3.412+108%-8.404+119%
Price Per Share2.560+6%2.4002.518-5%3.645-34%3.453-30%13.195-82%
Price To Free Cash Flow Ratio1.253+6%1.175-6.337+640%-1.557+233%-1.360+216%-1.311+212%
Price To Total Gains Ratio180.548+6%169.26329.272+478%-966.912+671%-187.934+211%107.567+57%
Quick Ratio--0.6090.714-15%0.674-10%0.706-14%0.760-20%
Return On Assets--0.001-0.002+304%-0.004+467%-0.014+1484%-0.004+542%
Return On Equity---0.008-100%0.0000%0.663-100%0.341-100%
Total Gains Per Share--0.014-0.028+298%-0.068+580%-0.349+2563%0.151-91%
Usd Book Value---64624000.000-64509250.0000%-46873750.000-27%-37534350.000-42%158863550.000-141%
Usd Book Value Change Per Share--0.009-0.033+465%-0.073+903%-0.422+4736%-0.208+2389%
Usd Book Value Per Share---1.657-1.6540%-1.202-27%-0.962-42%4.073-141%
Usd Dividend Per Share--0.0050.0050%0.0050%0.073-93%0.360-99%
Usd Eps--0.013-0.029+318%-0.067+607%-0.257+2038%-0.035+362%
Usd Free Cash Flow--19922000.00025173250.000-21%-2772250.000+114%9531550.000+109%12261775.000+62%
Usd Free Cash Flow Per Share--0.5110.645-21%-0.071+114%0.244+109%0.314+62%
Usd Free Cash Flow To Equity Per Share---0.008-0.020+160%-0.017+117%-0.307+3904%-0.223+2812%
Usd Market Cap99842816.000+6%93602640.00098185269.250-5%142159009.500-34%134651297.750-30%514625656.800-82%
Usd Price Per Share2.560+6%2.4002.518-5%3.645-34%3.453-30%13.195-82%
Usd Profit--517000.000-1137250.000+320%-2583500.000+600%-9840550.000+2003%-1931100.000+474%
Usd Revenue--181101000.000199490750.000-9%254719500.000-29%211473300.000-14%241365325.000-25%
Usd Total Gains Per Share--0.014-0.028+298%-0.068+580%-0.349+2563%0.151-91%
 EOD+5 -3MRQTTM+15 -20YOY+19 -155Y+19 -1610Y+18 -17

4.2. Fundamental Score

Let's check the fundamental score of Martin Midstream Partners LP based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1548.280
Price to Book Ratio (EOD)Between0-1-1.545
Net Profit Margin (MRQ)Greater than00.003
Operating Margin (MRQ)Greater than00.093
Quick Ratio (MRQ)Greater than10.609
Current Ratio (MRQ)Greater than11.137
Debt to Asset Ratio (MRQ)Less than11.127
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.001
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Martin Midstream Partners LP based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.648
Ma 20Greater thanMa 502.574
Ma 50Greater thanMa 1002.407
Ma 100Greater thanMa 2002.447
OpenGreater thanClose2.600
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets509,375
Total Liabilities573,999
Total Stockholder Equity-66,182
 As reported
Total Liabilities 573,999
Total Stockholder Equity+ -66,182
Total Assets = 509,375

Assets

Total Assets509,375
Total Current Assets114,313
Long-term Assets395,062
Total Current Assets
Cash And Cash Equivalents 54
Net Receivables 61,217
Inventory 43,822
Other Current Assets 9,220
Total Current Assets  (as reported)114,313
Total Current Assets  (calculated)114,313
+/-0
Long-term Assets
Property Plant Equipment 366,152
Goodwill 16,671
Intangible Assets 55
Long-term Assets Other 1,283
Long-term Assets  (as reported)395,062
Long-term Assets  (calculated)384,161
+/- 10,901

Liabilities & Shareholders' Equity

Total Current Liabilities100,564
Long-term Liabilities473,435
Total Stockholder Equity-66,182
Total Current Liabilities
Short-term Debt 14,901
Accounts payable 58,413
Other Current Liabilities 26,598
Total Current Liabilities  (as reported)100,564
Total Current Liabilities  (calculated)99,912
+/- 652
Long-term Liabilities
Long term Debt 421,173
Capital Lease Obligations Min Short Term Debt45,684
Long-term Liabilities  (as reported)473,435
Long-term Liabilities  (calculated)466,857
+/- 6,578
Total Stockholder Equity
Total Stockholder Equity (as reported)-66,182
Total Stockholder Equity (calculated)0
+/- 66,182
Other
Cash and Short Term Investments 54
Common Stock Shares Outstanding 38,915
Current Deferred Revenue652
Liabilities and Stockholders Equity 509,375
Net Debt 481,704
Net Invested Capital 356,549
Net Working Capital 13,749
Property Plant and Equipment Gross 979,145
Short Long Term Debt Total 481,758



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302001-12-312000-12-31
> Total Assets 
102,384
88,953
84,690
95,368
100,455
98,822
96,400
103,274
139,685
138,145
165,539
175,594
188,332
189,958
189,879
255,234
389,044
396,947
408,849
437,842
457,461
460,293
522,035
570,287
623,577
667,603
791,887
757,018
668,916
661,069
633,481
643,646
685,939
705,802
717,559
713,871
785,478
825,178
898,279
923,878
949,109
967,665
966,856
823,796
1,012,996
1,036,365
1,056,098
1,120,202
1,097,919
1,067,612
1,250,756
1,588,736
1,553,919
1,432,157
1,411,510
1,401,435
1,380,473
1,342,960
1,341,732
1,340,344
1,246,363
1,209,160
1,226,520
1,248,050
1,253,498
1,211,061
1,218,765
1,101,049
1,033,398
1,095,068
700,508
691,131
667,156
612,199
616,979
626,340
579,638
570,211
576,879
614,238
579,861
574,108
636,161
627,985
598,851
542,875
502,817
507,901
509,375
509,375507,901502,817542,875598,851627,985636,161574,108579,861614,238576,879570,211579,638626,340616,979612,199667,156691,131700,5081,095,0681,033,3981,101,0491,218,7651,211,0611,253,4981,248,0501,226,5201,209,1601,246,3631,340,3441,341,7321,342,9601,380,4731,401,4351,411,5101,432,1571,553,9191,588,7361,250,7561,067,6121,097,9191,120,2021,056,0981,036,3651,012,996823,796966,856967,665949,109923,878898,279825,178785,478713,871717,559705,802685,939643,646633,481661,069668,916757,018791,887667,603623,577570,287522,035460,293457,461437,842408,849396,947389,044255,234189,879189,958188,332175,594165,539138,145139,685103,27496,40098,822100,45595,36884,69088,953102,384
   > Total Current Assets 
0
0
0
35,861
39,115
38,095
36,816
44,823
51,661
51,400
52,763
61,010
72,541
69,621
63,806
93,711
117,572
103,107
99,156
102,821
103,853
93,822
94,039
127,743
158,006
170,357
281,680
233,093
130,742
119,755
115,471
121,926
129,274
130,431
145,804
143,731
179,734
175,680
201,976
220,116
231,104
224,218
420,367
265,412
314,915
255,351
257,109
286,494
297,478
257,804
298,720
288,981
287,751
183,017
170,414
175,342
167,825
134,881
154,243
239,891
194,003
154,120
192,880
225,878
242,663
200,101
209,325
243,716
194,042
188,191
198,822
197,508
181,364
127,469
142,731
163,778
135,626
135,579
154,622
201,172
173,688
170,156
237,485
232,358
211,127
161,872
117,226
111,947
114,313
114,313111,947117,226161,872211,127232,358237,485170,156173,688201,172154,622135,579135,626163,778142,731127,469181,364197,508198,822188,191194,042243,716209,325200,101242,663225,878192,880154,120194,003239,891154,243134,881167,825175,342170,414183,017287,751288,981298,720257,804297,478286,494257,109255,351314,915265,412420,367224,218231,104220,116201,976175,680179,734143,731145,804130,431129,274121,926115,471119,755130,742233,093281,680170,357158,006127,74394,03993,822103,853102,82199,156103,107117,57293,71163,80669,62172,54161,01052,76351,40051,66144,82336,81638,09539,11535,861000
       Cash And Cash Equivalents 
127
62
0
125
1,734
7,643
5,536
5,956
2,270
4,344
5,310
2,227
3,184
8,515
2,248
3,116
6,465
5,259
4,137
834
3,675
4,578
324
6,600
4,113
6,918
11,273
7,019
7,983
7,965
9,573
5,924
5,956
13,300
10,095
18,740
11,380
10,819
67
296
266
8,782
106
27
5,162
47
17
45
16,542
4,371
2,704
3,006
42
37
24
13
31
46
28
10
15
39
32
15
27
184
610
3,186
237
227
2,521
1,802
2,856
68
52
1,862
4,958
1,112
681
6,783
52
312
43
45
45
57
57
54
54
54545757454543312526,7836811,1124,9581,86252682,8561,8022,5212272373,186610184271532391510284631132437423,0062,7044,37116,5424517475,162271068,7822662966710,81911,38018,74010,09513,3005,9565,9249,5737,9657,9837,01911,2736,9184,1136,6003244,5783,6758344,1375,2596,4653,1162,2488,5153,1842,2275,3104,3442,2705,9565,5367,6431,734125062127
       Net Receivables 
0
0
0
16,680
21,597
19,744
19,465
21,267
28,972
32,184
30,280
35,908
45,468
44,111
35,302
55,509
75,778
64,313
57,779
60,461
65,118
61,758
59,585
80,132
101,276
110,645
161,482
145,586
75,596
74,443
68,031
71,767
84,596
79,690
83,291
69,270
110,812
109,182
134,882
137,126
150,075
131,273
122,799
147,614
207,411
179,032
156,716
169,775
178,681
150,928
171,497
153,771
151,731
107,007
86,181
77,182
85,531
71,777
58,450
54,680
92,282
73,739
72,499
77,645
130,939
110,495
82,089
95,398
97,806
104,636
100,311
84,430
105,083
74,173
67,406
74,605
67,555
87,445
75,670
85,809
98,608
104,988
90,043
79,541
87,651
77,045
59,378
62,547
61,217
61,21762,54759,37877,04587,65179,54190,043104,98898,60885,80975,67087,44567,55574,60567,40674,173105,08384,430100,311104,63697,80695,39882,089110,495130,93977,64572,49973,73992,28254,68058,45071,77785,53177,18286,181107,007151,731153,771171,497150,928178,681169,775156,716179,032207,411147,614122,799131,273150,075137,126134,882109,182110,81269,27083,29179,69084,59671,76768,03174,44375,596145,586161,482110,645101,27680,13259,58561,75865,11860,46157,77964,31375,77855,50935,30244,11145,46835,90830,28032,18428,97221,26719,46519,74421,59716,680000
       Other Current Assets 
2,106
137
302
262
273
576
510
352
756
1,540
1,265
932
724
885
742
532
1,420
1,693
1,724
1,787
2,041
1,317
1,331
1,164
819
1,743
7,093
2,486
4,702
4,853
3,304
3,937
3,212
3,491
3,261
4,445
2,784
3,245
1,209
908
2,600
2,001
2,074
1,511
2,777
3,823
6,313
9,141
7,353
7,734
11,173
10,256
6,772
6,709
7,646
6,344
5,718
4,689
5,129
4,439
3,296
3,930
4,756
3,703
4,866
6,004
5,368
4,921
5,275
7,135
9,638
8,637
5,833
6,396
9,605
9,587
8,991
8,294
6,913
10,441
12,908
10,403
29,554
17,134
13,633
8,153
6,926
7,647
9,220
9,2207,6476,9268,15313,63317,13429,55410,40312,90810,4416,9138,2948,9919,5879,6056,3965,8338,6379,6387,1355,2754,9215,3686,0044,8663,7034,7563,9303,2964,4395,1294,6895,7186,3447,6466,7096,77210,25611,1737,7347,3539,1416,3133,8232,7771,5112,0742,0012,6009081,2093,2452,7844,4453,2613,4913,2123,9373,3044,8534,7022,4867,0931,7438191,1641,3311,3172,0411,7871,7241,6931,4205327428857249321,2651,5407563525105762732623021372,106
   > Long-term Assets 
0
0
0
59,507
61,340
60,727
59,584
58,451
88,024
86,745
112,776
114,584
115,791
120,337
126,073
161,523
271,472
293,840
309,693
335,021
353,608
366,471
427,996
442,544
465,571
497,246
510,207
523,925
538,174
541,314
518,010
521,720
556,665
575,371
571,755
570,140
605,744
649,498
696,303
703,762
718,005
743,447
546,489
558,384
698,081
781,014
798,989
833,708
800,441
809,808
952,036
1,299,755
1,266,168
1,249,140
1,241,096
1,226,093
1,212,648
1,208,079
1,187,489
1,100,453
1,052,360
1,055,040
1,033,640
1,022,172
1,010,835
1,010,960
1,009,440
857,333
839,356
906,877
501,686
493,623
485,792
484,730
474,248
462,562
444,012
434,632
422,257
413,066
406,173
403,952
398,676
395,627
387,724
381,003
385,591
395,954
395,062
395,062395,954385,591381,003387,724395,627398,676403,952406,173413,066422,257434,632444,012462,562474,248484,730485,792493,623501,686906,877839,356857,3331,009,4401,010,9601,010,8351,022,1721,033,6401,055,0401,052,3601,100,4531,187,4891,208,0791,212,6481,226,0931,241,0961,249,1401,266,1681,299,755952,036809,808800,441833,708798,989781,014698,081558,384546,489743,447718,005703,762696,303649,498605,744570,140571,755575,371556,665521,720518,010541,314538,174523,925510,207497,246465,571442,544427,996366,471353,608335,021309,693293,840271,472161,523126,073120,337115,791114,584112,77686,74588,02458,45159,58460,72761,34059,507000
       Property Plant Equipment 
54,661
57,074
56,918
55,635
55,857
55,482
54,438
53,757
82,961
82,010
107,099
109,256
109,769
113,437
115,021
144,452
175,713
197,756
212,269
232,708
247,845
258,871
306,789
321,587
343,037
375,240
386,991
398,668
412,125
416,817
393,423
397,483
421,915
415,523
409,979
411,718
432,180
473,786
458,494
464,847
477,342
496,955
444,095
451,882
510,381
562,728
570,532
608,537
624,375
632,432
640,398
1,025,470
998,277
999,841
997,153
989,937
983,240
980,476
969,079
889,412
845,684
851,357
848,644
839,667
831,928
833,241
822,828
814,286
798,349
840,991
454,926
447,662
441,098
440,089
430,664
419,521
402,131
392,317
381,077
372,725
367,331
365,848
361,829
359,699
354,253
348,840
354,502
365,286
366,152
366,152365,286354,502348,840354,253359,699361,829365,848367,331372,725381,077392,317402,131419,521430,664440,089441,098447,662454,926840,991798,349814,286822,828833,241831,928839,667848,644851,357845,684889,412969,079980,476983,240989,937997,153999,841998,2771,025,470640,398632,432624,375608,537570,532562,728510,381451,882444,095496,955477,342464,847458,494473,786432,180411,718409,979415,523421,915397,483393,423416,817412,125398,668386,991375,240343,037321,587306,789258,871247,845232,708212,269197,756175,713144,452115,021113,437109,769109,256107,09982,01082,96153,75754,43855,48255,85755,63556,91857,07454,661
       Goodwill 
3,177
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
6,950
7,455
27,600
27,600
27,600
27,600
27,600
27,600
37,405
37,405
37,405
37,405
37,405
37,405
37,405
37,405
37,268
37,268
37,268
37,268
37,268
37,268
37,268
37,268
37,268
37,268
37,268
37,268
8,337
8,337
19,616
19,616
19,616
19,616
23,802
23,802
23,802
23,802
23,802
23,802
23,802
23,802
23,802
23,802
19,657
17,296
17,296
17,296
17,296
17,296
17,296
17,296
17,296
17,296
17,296
17,785
17,785
17,785
17,705
17,705
17,705
17,705
16,823
16,823
16,823
16,823
16,823
16,823
16,823
16,823
16,671
16,671
16,671
16,671
16,671
16,67116,67116,67116,67116,67116,82316,82316,82316,82316,82316,82316,82316,82317,70517,70517,70517,70517,78517,78517,78517,29617,29617,29617,29617,29617,29617,29617,29617,29617,29619,65723,80223,80223,80223,80223,80223,80223,80223,80223,80223,80219,61619,61619,61619,6168,3378,33737,26837,26837,26837,26837,26837,26837,26837,26837,26837,26837,26837,26837,40537,40537,40537,40537,40537,40537,40537,40527,60027,60027,60027,60027,60027,6007,4556,9502,9222,9222,9222,9222,9222,9222,9222,9222,9222,9222,9222,9222,9223,177
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
160,937
0
0
0
0
0
0
0
0
0
0
0
0
0
149,506
0
0
0
147,292
0
145,474
144,794
144,506
144,211
128,909
127,998
128,810
130,644
141,114
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000141,114130,644128,810127,998128,909144,211144,506144,794145,4740147,292000149,5060000000000000160,93700000000000000000000000000000000000000
       Intangible Assets 
3,177
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
2,922
6,950
7,455
30,153
27,600
27,600
27,600
29,674
27,600
37,405
37,405
39,153
37,405
37,405
37,405
38,624
37,405
37,268
37,268
37,972
37,268
37,268
37,268
54,772
37,268
37,268
37,268
53,540
37,268
8,337
8,337
19,814
19,616
19,616
19,616
27,960
23,802
23,802
79,551
74,386
68,782
63,220
57,745
52,270
50,834
46,799
42,803
38,808
35,840
32,892
29,948
27,004
25,108
23,236
21,384
19,532
18,407
0
0
3,567
0
0
0
2,805
2,002
0
0
2,198
0
0
0
2,414
0
0
0
55
550002,4140002,198002,0022,8050003,5670018,40719,53221,38423,23625,10827,00429,94832,89235,84038,80842,80346,79950,83452,27057,74563,22068,78274,38679,55123,80223,80227,96019,61619,61619,61619,8148,3378,33737,26853,54037,26837,26837,26854,77237,26837,26837,26837,97237,26837,26837,40538,62437,40537,40537,40539,15337,40537,40527,60029,67427,60027,60027,60030,1537,4556,9502,9222,9222,9222,9222,9222,9222,9222,9222,9222,9222,9222,9222,9223,177
       Long-term Assets Other 
0
0
0
950
2,561
1,339
1,197
1,056
1,823
1,560
2,734
2,406
3,100
3,978
4,102
9,616
8,280
7,889
8,489
7,594
7,512
6,594
1,721
657
9,439
202
-125
-428
7,332
-440
-1,618
-2,242
16,900
14,519
17,111
15,421
38,079
29,998
31,861
30,417
32,898
24,309
10,310
6,442
3,531
3,159
8,432
7,500
7,943
9,048
6,653
6,880
7,079
76,351
8,426
7,151
6,044
57,332
53,279
48,951
6,066
6,336
5,899
7,263
5,797
4,671
4,966
4,367
4,179
23,689
5,050
4,495
2,631
3,800
3,475
3,116
803
3,314
2,862
2,684
1,840
2,381
2,507
2,895
2,260
2,283
1,899
1,933
1,283
1,2831,9331,8992,2832,2602,8952,5072,3811,8402,6842,8623,3148033,1163,4753,8002,6314,4955,05023,6894,1794,3674,9664,6715,7977,2635,8996,3366,06648,95153,27957,3326,0447,1518,42676,3517,0796,8806,6539,0487,9437,5008,4323,1593,5316,44210,31024,30932,89830,41731,86129,99838,07915,42117,11114,51916,900-2,242-1,618-4407,332-428-1252029,4396571,7216,5947,5127,5948,4897,8898,2809,6164,1023,9783,1002,4062,7341,5601,8231,0561,1971,3392,561950000
> Total Liabilities 
88,304
70,195
63,562
73,491
53,349
50,628
49,033
57,376
93,793
57,645
87,190
99,923
112,798
115,520
117,125
182,391
293,479
208,007
221,963
255,431
258,936
76,217
271,709
326,937
387,729
439,609
575,390
530,710
434,202
432,460
408,270
425,365
420,988
398,086
420,419
430,509
510,672
487,965
587,931
623,880
663,493
597,644
609,761
413,546
655,034
682,430
714,207
799,396
837,502
811,519
864,023
1,078,446
1,068,248
962,137
962,921
981,866
986,594
965,880
997,841
1,029,431
934,357
855,948
891,840
949,170
955,257
919,875
954,066
816,164
768,686
931,277
737,622
724,501
703,352
641,700
650,786
670,803
626,509
614,545
627,976
678,394
627,898
612,087
667,015
687,202
658,296
607,552
566,574
572,880
573,999
573,999572,880566,574607,552658,296687,202667,015612,087627,898678,394627,976614,545626,509670,803650,786641,700703,352724,501737,622931,277768,686816,164954,066919,875955,257949,170891,840855,948934,3571,029,431997,841965,880986,594981,866962,921962,1371,068,2481,078,446864,023811,519837,502799,396714,207682,430655,034413,546609,761597,644663,493623,880587,931487,965510,672430,509420,419398,086420,988425,365408,270432,460434,202530,710575,390439,609387,729326,937271,70976,217258,936255,431221,963208,007293,479182,391117,125115,520112,79899,92387,19057,64593,79357,37649,03350,62853,34973,49163,56270,19588,304
   > Total Current Liabilities 
29,166
14,794
12,744
19,940
18,349
15,628
16,033
22,376
26,793
20,645
26,824
29,724
38,490
37,783
41,187
61,081
99,569
68,528
69,639
72,973
82,697
74,683
80,480
104,310
151,248
165,960
268,609
235,468
124,695
117,738
99,314
108,141
106,499
94,788
107,248
107,794
124,395
128,089
147,351
175,108
195,306
154,872
148,394
156,511
178,482
160,869
147,151
149,156
176,588
165,766
169,835
165,195
163,575
110,438
120,488
103,268
119,168
89,755
116,399
113,492
117,574
99,216
105,426
110,754
134,408
113,928
111,296
106,766
101,513
524,614
110,305
88,854
107,280
448,914
446,506
104,695
119,375
78,238
88,442
107,515
104,087
101,231
147,892
310,828
110,925
95,664
88,784
80,975
100,564
100,56480,97588,78495,664110,925310,828147,892101,231104,087107,51588,44278,238119,375104,695446,506448,914107,28088,854110,305524,614101,513106,766111,296113,928134,408110,754105,42699,216117,574113,492116,39989,755119,168103,268120,488110,438163,575165,195169,835165,766176,588149,156147,151160,869178,482156,511148,394154,872195,306175,108147,351128,089124,395107,794107,24894,788106,499108,14199,314117,738124,695235,468268,609165,960151,248104,31080,48074,68382,69772,97369,63968,52899,56961,08141,18737,78338,49029,72426,82420,64526,79322,37616,03315,62818,34919,94012,74414,79429,166
       Short-term Debt 
0
0
0
1,007
0
0
0
0
1,042,000
0
0
0
0
0
0
582
9,104
9,104
0
73
74
75
58
40
21
1
0
0
8,877
0
0
107
111
116
120
125
1,121
1,148
1,173
1,201
1,261
198
206
217
3,206
3,192
3,185
3,173
9,595
643,772
22,078
19,402
10,396
859,888
852,863
893,519
12,732
9,921
9,671
10,397
11,264
7,424
7,606
9,270
11,823
10,200
13,587
12,615
13,237
406,650
14,200
14,495
6,758
369,238
368,150
31,979
31,497
335
236
240
280
226
169
200,651
9
3
11,649
14,280
14,901
14,90114,28011,64939200,65116922628024023633531,49731,979368,150369,2386,75814,49514,200406,65013,23712,61513,58710,20011,8239,2707,6067,42411,26410,3979,6719,92112,732893,519852,863859,88810,39619,40222,078643,7729,5953,1733,1853,1923,2062172061981,2611,2011,1731,1481,121125120116111107008,87700121405875747309,1049,1045820000001,042,00000001,007000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
888,887
0
0
0
865,209
0
9,671
10,397
808,107
7,424
780,359
829,991
812,632
795,139
831,928
0
0
406,650
8,141
0
0
364,124
364,219
31,979
31,497
335
236
240
280
226
169
200,651
9
3
0
0
0
00039200,65116922628024023633531,49731,979364,219364,124008,141406,65000831,928795,139812,632829,991780,3597,424808,10710,3979,6710865,209000888,8870000000000000000000000000000000000000000000000000000
       Accounts payable 
20,523
8,853
9,012
11,458
14,007
12,325
10,877
11,850
17,366
16,176
19,911
19,134
26,537
31,223
31,684
46,168
67,387
47,392
46,371
45,731
53,450
55,239
63,122
79,492
104,598
123,927
179,282
176,404
100,802
97,964
70,248
75,530
85,721
84,776
81,890
92,358
89,794
80,504
118,294
49,702
181,768
126,690
109,429
27,908
140,045
115,616
110,788
110,617
142,951
128,149
121,578
120,037
125,332
82,954
81,950
69,584
81,180
65,390
81,836
60,462
70,249
69,132
68,029
72,019
92,567
86,751
72,945
71,176
63,157
76,488
61,357
52,377
64,802
52,713
45,785
45,326
51,900
56,271
55,453
73,273
70,342
77,276
105,156
74,056
68,198
66,047
48,469
43,909
58,413
58,41343,90948,46966,04768,19874,056105,15677,27670,34273,27355,45356,27151,90045,32645,78552,71364,80252,37761,35776,48863,15771,17672,94586,75192,56772,01968,02969,13270,24960,46281,83665,39081,18069,58481,95082,954125,332120,037121,578128,149142,951110,617110,788115,616140,04527,908109,429126,690181,76849,702118,29480,50489,79492,35881,89084,77685,72175,53070,24897,964100,802176,404179,282123,927104,59879,49263,12255,23953,45045,73146,37147,39267,38746,16831,68431,22326,53719,13419,91116,17617,36611,85010,87712,32514,00711,4589,0128,85320,523
       Other Current Liabilities 
7,527
4,892
2,737
7,475
4,342
3,303
5,156
10,526
9,427
4,469
6,913
10,590
11,953
6,560
9,503
14,331
23,078
21,136
23,268
27,169
29,173
19,369
-8,896
24,778
37,814
42,032
89,327
59,064
6,478
19,774
29,066
8,031
12,039
594
166
15,436
25,267
47,585
387
125,406
4,620
530
508
128,386
35,231
42,061
33,178
35,366
33,637
37,617
48,257
45,158
38,243
27,484
38,538
33,684
37,988
24,365
34,563
53,030
47,325
30,084
37,397
38,735
41,841
27,177
38,351
35,590
38,356
41,476
2,069
36,477
12,298
8,358
7,906
391
13,725
11,145
412
5,049
13,644
23,729
25,050
19,911
28,332
29,614
40,315
80,975
26,598
26,59880,97540,31529,61428,33219,91125,05023,72913,6445,04941211,14513,7253917,9068,35812,29836,4772,06941,47638,35635,59038,35127,17741,84138,73537,39730,08447,32553,03034,56324,36537,98833,68438,53827,48438,24345,15848,25737,61733,63735,36633,17842,06135,231128,3865085304,620125,40638747,58525,26715,43616659412,0398,03129,06619,7746,47859,06489,32742,03237,81424,778-8,89619,36929,17327,16923,26821,13623,07814,3319,5036,56011,95310,5906,9134,4699,42710,5265,1563,3034,3427,4752,7374,8927,527
   > Long-term Liabilities 
0
0
0
53,551
35,000
35,000
33,000
35,000
67,000
37,000
60,366
70,199
74,308
77,737
75,938
121,310
193,910
139,479
152,324
182,458
176,239
1,534
191,229
222,627
236,481
273,649
306,781
295,242
309,507
314,722
308,956
317,224
314,489
303,298
313,171
322,715
386,277
359,876
440,580
448,772
468,187
442,772
461,367
257,035
476,552
521,561
567,056
650,240
660,914
645,753
694,188
913,251
904,673
851,699
842,433
878,598
867,426
876,125
881,442
915,939
816,783
756,732
786,414
838,416
820,849
805,947
842,770
709,398
667,173
406,663
627,317
635,647
596,072
192,786
204,280
566,108
507,134
536,307
539,534
570,879
523,811
510,856
519,123
376,374
547,371
511,888
477,790
491,905
473,435
473,435491,905477,790511,888547,371376,374519,123510,856523,811570,879539,534536,307507,134566,108204,280192,786596,072635,647627,317406,663667,173709,398842,770805,947820,849838,416786,414756,732816,783915,939881,442876,125867,426878,598842,433851,699904,673913,251694,188645,753660,914650,240567,056521,561476,552257,035461,367442,772468,187448,772440,580359,876386,277322,715313,171303,298314,489317,224308,956314,722309,507295,242306,781273,649236,481222,627191,2291,534176,239182,458152,324139,479193,910121,31075,93877,73774,30870,19960,36637,00067,00035,00033,00035,00035,00053,551000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
428,442
439,213
458,941
433,684
452,970
255,966
474,992
520,001
565,006
648,004
658,695
643,772
692,168
910,077
902,005
0
0
0
865,003
873,611
878,891
913,504
808,107
750,735
780,359
829,991
812,632
795,139
831,928
698,680
656,459
377,976
596,398
606,293
569,788
165,543
176,794
541,002
484,597
513,272
517,311
0
498,871
483,151
489,325
342,566
512,871
475,237
436,481
0
0
00436,481475,237512,871342,566489,325483,151498,8710517,311513,272484,597541,002176,794165,543569,788606,293596,398377,976656,459698,680831,928795,139812,632829,991780,359750,735808,107913,504878,891873,611865,003000902,005910,077692,168643,772658,695648,004565,006520,001474,992255,966452,970433,684458,941439,213428,44200000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
-1,007
0
0
0
0
-1,042,000
0
0
0
0
0
0
-582
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-73
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-21
-1
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       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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1,753
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1,560
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2,219
0
0
0
2,668
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0
0
2,217
2,514
2,551
2,435
8,676
5,997
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8,425
8,217
10,808
10,842
10,718
10,714
28,687
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29,354
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22,537
23,035
8,631
8,721
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33,808
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7,973
0
07,9737,4828,8508,23233,8087,3438,8619,2278,7218,63123,03522,53725,10627,48627,24326,28429,35430,91928,68710,71410,71810,84210,8088,2178,4256,0555,9978,6762,4352,5512,5142,2170002,6680002,2190001,560000001,75300000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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10,385
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803
0
0
0
687
0
0
0
1,108
0
0
0
0
00001,1080006870008030001,6550000000000000002060000000000000000010,38500000000000000000000000000000000000000
> Total Stockholder Equity
14,080
18,758
21,128
21,877
2
48,200
47,400
45,900
26
-724
-681
73,265
-626
470
2,154
2,065
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117,062
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106,167
315,931
168,284
270,374
312,085
446,841
155,265
133,050
115,251
412,961
102,519
98,897
259,807
668,444
244,523
448,589
419,569
651,161
377,080
343,891
310,913
546,093
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334,680
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407,913
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32,277
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   Common Stock
0
0
0
0
47,108
0
0
0
45,918
82,121
77,668
75,671
74,908
74,908
74,908
74,908
12,685
192,805
186,405
0
198,403
0
250,011
245,400
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0
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470,943
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380,845
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304,594
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   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
-27,488
-28,613
-29,765
-30,934
-30,946
-32,828
-34,773
-36,586
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122
-1,000
315
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436
1,376
1,830
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96
620
1,377
626
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63
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-518,143
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816
-440
167
0
0
0
0
0
0
000000167-440816-5,999-530,624-518,1430-506,645-493,115-479,301-467,531-459,822-451,359-498,138-466,381-465,079-450,564-432,275-421,137-408,426-399,684-400,139-378,593-411,821-422,465-417,106-404,574-393,035-377,652-361,650-345,397-334,150-329,772-314,352-304,808-291,638-278,706-267,657-256,963-243,780635626261,377620961,4191,8301,376436-2,076-3,065-3,533-4,063-4,935-8,495-16,301-11,754-6,762-2,050315-1,000122-316481-226-59,505-55,958-43,645-41,045-38,472-36,586-34,773-32,828-30,946-30,934-29,765-28,613-27,4880000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
-19,618
76,813
77,165
76,834
-14,946
-50,017
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34,180
-37,062
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270,311
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1,013,841
606,173
826,241
812,604
1,055,735
794,186
766,356
722,734
924,686
753,351
734,364
707,306
1,011,705
723,461
715,263
749,964
1,197,474
661,929
414,245
426,452
875,444
449,800
459,308
462,182
440,113
473,809
479,527
-58,157
-816
440
-37,825
1,677
571,524
1,559
97,611
1,552
0
01,55297,6111,559571,5241,677-37,825440-816-58,157479,527473,809440,113462,182459,308449,800875,444426,452414,245661,9291,197,474749,964715,263723,4611,011,705707,306734,364753,351924,686722,734766,356794,1861,055,735812,604826,241606,1731,013,841593,957428,669416,871717,769406,889411,756422,922703,804555,865270,311167,722315,305104,790116,969206,883337,367168,532179,595193,181331,666142,985149,749154,023-234,714-226,308-216,497-419,568-427,422-434,924-441,900195,800-198,525-182,411-69,824-188,940-36,060-16,885-29,109-33,393-37,06234,180-43,576-50,017-14,94676,83477,16576,813-19,6180000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue797,963
Cost of Revenue-691,786
Gross Profit106,177106,177
 
Operating Income (+$)
Gross Profit106,177
Operating Expense-40,826
Operating Income65,35165,351
 
Operating Expense (+$)
Research Development0
Selling General Administrative40,826
Selling And Marketing Expenses0
Operating Expense40,82640,826
 
Net Interest Income (+$)
Interest Income0
Interest Expense-60,600
Other Finance Cost-309
Net Interest Income-60,291
 
Pretax Income (+$)
Operating Income65,351
Net Interest Income-60,291
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,369129,333
EBIT - interestExpense = 4,751
1,474
56,156
Interest Expense60,600
Earnings Before Interest and Taxes (EBIT)65,35161,969
Earnings Before Interest and Taxes (EBITDA)115,246
 
After tax Income (+$)
Income Before Tax1,369
Tax Provision-5,918
Net Income From Continuing Ops-4,549-4,549
Net Income-4,444
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses732,612
Total Other Income/Expenses Net-63,98260,291
 

Technical Analysis of Martin Midstream Partners LP
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Martin Midstream Partners LP. The general trend of Martin Midstream Partners LP is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Martin Midstream Partners LP's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Martin Midstream Partners LP.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 2.5738 < 2.6686 < 2.72.

The bearish price targets are: 2.48 > 2.48 > 2.4641.

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Martin Midstream Partners LP Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Martin Midstream Partners LP. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Martin Midstream Partners LP Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Martin Midstream Partners LP. The current macd is 0.05037581.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Martin Midstream Partners LP price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Martin Midstream Partners LP. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Martin Midstream Partners LP price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Martin Midstream Partners LP Daily Moving Average Convergence/Divergence (MACD) ChartMartin Midstream Partners LP Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Martin Midstream Partners LP. The current adx is 15.93.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Martin Midstream Partners LP shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Martin Midstream Partners LP Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Martin Midstream Partners LP. The current sar is 2.4844.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Martin Midstream Partners LP Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Martin Midstream Partners LP. The current rsi is 52.65. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Martin Midstream Partners LP Daily Relative Strength Index (RSI) ChartMartin Midstream Partners LP Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Martin Midstream Partners LP. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Martin Midstream Partners LP price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Martin Midstream Partners LP Daily Stochastic Oscillator ChartMartin Midstream Partners LP Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Martin Midstream Partners LP. The current cci is 7.80162507.

Martin Midstream Partners LP Daily Commodity Channel Index (CCI) ChartMartin Midstream Partners LP Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Martin Midstream Partners LP. The current cmo is -1.83302828.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Martin Midstream Partners LP Daily Chande Momentum Oscillator (CMO) ChartMartin Midstream Partners LP Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Martin Midstream Partners LP. The current willr is -66.66666667.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Martin Midstream Partners LP is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Martin Midstream Partners LP Daily Williams %R ChartMartin Midstream Partners LP Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Martin Midstream Partners LP.

Martin Midstream Partners LP Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Martin Midstream Partners LP. The current atr is 0.11678668.

Martin Midstream Partners LP Daily Average True Range (ATR) ChartMartin Midstream Partners LP Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Martin Midstream Partners LP. The current obv is 1,764,359.

Martin Midstream Partners LP Daily On-Balance Volume (OBV) ChartMartin Midstream Partners LP Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Martin Midstream Partners LP. The current mfi is 72.95.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Martin Midstream Partners LP Daily Money Flow Index (MFI) ChartMartin Midstream Partners LP Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Martin Midstream Partners LP.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-19MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Martin Midstream Partners LP Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Martin Midstream Partners LP based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.648
Ma 20Greater thanMa 502.574
Ma 50Greater thanMa 1002.407
Ma 100Greater thanMa 2002.447
OpenGreater thanClose2.600
Total3/5 (60.0%)
Penke

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