Martin Midstream Partners (MMLP) Misses Q1 EPS by 3c

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Go back to Martin Midstream Partners (MMLP) Misses Q1 EPS by 3c

Martin Midstream Partners Reports 2016 First Quarter Financial Results

April 27, 2016 4:01 PM EDT

Maintained leverage profile in challenging environmentsMaintained quarterly distribution of $0.8125New $664 million amended and extended revolving credit facility due March 2020

KILGORE, Texas, April 27, 2016 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq: MMLP) (the "Partnership") announced today its financial results for the quarter ended March 31, 2016.

Ruben Martin, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of MMLP, said, "In this challenging environment the portfolio effect of our diverse model provided cumulatively solid first quarter 2016 results. The Partnership finished the quarter with a 0.98 times... More