Martin Midstream Partners traded at $2.69 this Thursday February 12th, increasing $0.13 or 5.08 percent since the previous trading session. Looking back, over the last four weeks, Martin Midstream Partners gained 10.93 percent. Over the last 12 months, its price fell by 25.28 percent. Looking ahead, we forecast Martin Midstream Partners to be priced at 2.44 by the end of this quarter and at 2.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
Martin Midstream Partners L.P. is a provider of transportation and storage services for oil and gas products. The Company operates through four segments: Terminalling and storage segment, Natural gas liquids segment, Sulfur services segment, and Transportation segment. The Company is focused primarily on the United States Gulf Coast region. The Company's four business lines include terminalling, processing, storage and packaging services for petroleum products and by-products, including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and natural gas liquids (NGL) marketing, distribution, and transportation services. The Company owns and operates approximately 19 marine shore-based terminal facilities and 12 specialty terminal facilities located in the United States Gulf Coast region.