Stifel Reiterates Hold Rating on Martin Midstream Partners (MMLP)

Stifel analyst Selman Akyol reiterated a Hold rating and $4.00 price target on Martin Midstream Partners (NASDAQ: MMLP).

The analyst commented, “MMLP reported 2Q25 results below our estimates but maintained its FY25 guidance. While the company does not host a call, we did manage to catch up with management. Tariffs continue to be a concern and the impact they may have on its customers. In addition, tariffs could impact turn turnaround costs for the company. While MMLP has constructed the oleum tower and is receiving fees for it, management noted that sales for the ELSA JV, and hence cash flows are being pushed to the right. Regarding their bonds due in 2028, management is evaluating their options which could include an early redemption. Below are some of our highlights from speaking with management. In addition, we have updated our estimates for the release of Martin's 10-Q; at this time, we are maintaining our Hold rating and $4 target price.”

For an analyst ratings summary and ratings history on Martin Midstream Partners click here. For more ratings news on Martin Midstream Partners click here.

Shares of Martin Midstream Partners closed at $2.88 yesterday.

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