Martin Midstream Partners: Down as Q3 revenue decline, CEO change

Martin Midstream Partners LP

22/10/2020 13:41

** Shares of oil and gas transportation services company
 MMLP.O  down 14.92% at $1.54 in premarket trading
    ** Co's Q3 revenue falls 14.3% to $152.53 mln from a year
ago​ and posts a quarterly loss of $10.55 mln  urn:newsml:reuters.com:*:nL8N2HC8GW
    ** Says Ruben Martin is stepping down as CEO, effective Jan.
1 and appoints Robert D. Bondurant as new CEO  urn:newsml:reuters.com:*:nGNX7JTG0
    ** Up to Wednesday's close, stock had fallen ~55% YTD

 (Reporting by Amal S in Bengaluru)
 ((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780;
outside U.S. +91 80 6749 3677;))