Martin Midstream reports Q4 net loss of $2.9 mln

Martin Midstream Partners LP

18/02/2026 21:10

Overview

Petroleum services firm reported Q4 net loss, adjusted EBITDA stable despite segment challenges

Company anticipates 2026 adjusted EBITDA of $96.5 mln, with increased capital expenditures

Company declared quarterly cash dividend of $0.005 per common unit

Outlook

Company anticipates 2026 Adjusted EBITDA of $96.5 mln

Company expects 2026 capital expenditures of $36.5 mln due to refinery turnaround activities

Terminalling and Storage segment forecasted to generate $31.6 mln Adjusted EBITDA in 2026

Result Drivers

TERMINALLING AND STORAGE - Stable performance driven by fixed-fee contracts, offset by higher operating expenses in some divisions

TRANSPORTATION SEGMENT - Increased adjusted EBITDA due to higher inland utilization and offshore day rates, despite lower inland day rates

SULFUR SERVICES - Decline in adjusted EBITDA due to lower margins in the fertilizer division, partially offset by reduced operating expenses in pure sulfur business

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
$21 mln
FY Operating Income
$21 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the oil & gas transportation services peer group is "buy."

Wall Street's median 12-month price target for Martin Midstream Partners LP is $4.00, about 37.9% above its February 17 closing price of $2.90

Press Release: ID:nBw5VGPLwa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)