AI brief of an SEC Form 8-K · MARTIN MIDSTREAM PARTNERS L.P. (MMLP)

Martin Midstream raises 2026 Adjusted EBITDA guidance to $94 million on higher Q3 results

Positive Impact 4 of 5 guidance Written later

Martin Midstream Partners reported third quarter 2026 Adjusted EBITDA of $23.6 million, up from $19.3 million a year earlier, and a net loss of $4.1 million, narrower than the $8.4 million loss in the prior-year quarter. The partnership raised its full-year 2026 Adjusted EBITDA guidance to $94.0 million and declared a $0.005 per unit quarterly distribution, while leverage rose to 4.96 times from 4.43 times at year-end 2025.

Key points

  • Q3 2026 revenues were $231.7 million, up from $168.7 million in Q3 2025; net loss was $4.1 million, or $0.10 per unit, versus $8.4 million, or $0.21 per unit.
  • Full-year 2026 Adjusted EBITDA guidance was revised upward to $94.0 million; nine-month Adjusted EBITDA was $72.3 million.
  • Quarterly cash distribution of $0.005 per unit is payable November 13, 2026, to unitholders of record on November 6, 2026.
  • Total debt was $483.5 million at September 30, 2026, and revolving credit facility available liquidity was $21.9 million, down from $31.4 million at December 31, 2025.

The filing

CompanyMARTIN MIDSTREAM PARTNERS L.P. (MMLP)
Form8-K, current report
Filed with the SECOct 21, 2026, 4:04 PM ET
Accession number0001176334-26-000033

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.