Martin Midstream Partners L.p. · NASDAQ:MMLP
Martin Midstream Partners L.p — Q2 2023 Earnings Presentation
6 slides from Martin Midstream Partners L.p's earnings presentation, Jul 20, 2023
Slide 1: Second Quarter 2023 Earnings Summary
Second Quarter 2023 Earnings Summary MARTIN MIDSTREAM PARTNERS July 19, 2023
Slide 2: MMLP 2Q 2023 Adjusted EBITDA Comparison & Reconciliation
MMLP 2Q 2023 Adjusted EBITDA Comparison & Reconciliation Terminalling & Specialty Interest 2Q 2023 (in millions) Transportation Sulfur Services SG&A Storage Products Expense Actual Net income (loss) $9.0 $4.4 $5.3 $2.5 $(4.9) $(15.3) $1.1 Interest expense add back -- -- -- -- -- $15.3 $15.3 Income t
Slide 3: MMLP 2Q 2023 Adjusted EBITDA Comparison to Guidance
MMLP 2Q 2023 Adjusted EBITDA Comparison to Guidance Transportation 2023E 2Q23E 2Q23A Specialty Products 2023E 2Q23E 2Q23A Land $36.2 $8.8 $8.7 Lubricants $9.0 $3.3 $2.4 Marine $13.5 $2.8 $3.5 Grease $8.6 $2.3 $2.2 Total Transportation $49.7 $11.6 $12.1 Propane $2.3 $0.2 $0.3 Terminalling & Storage 2
Slide 4: MMLP 2023E Revised Adjusted EBITDA Guidance
MMLP 2023E Revised Adjusted EBITDA Guidance Transportation 1Q23A 2Q23A 3Q23E 4Q23E 2023E Specialty Products 1Q23A 2Q23A 3Q23E 4Q23E 2023E Land $10.7 $8.7 $8.5 $8.4 $36.2 Lubricants $2.3 $2.4 $2.4 $1.9 $9.0 Marine $2.6 $3.5 $3.5 $4.0 $13.5 Grease $2.3 $2.2 $2.3 $1.8 $8.6 Total Transportation $13.2 $1
Slide 5: Disclaimers: Use of Non-GAAP Financial Measures, Forward Looking Statements
Disclaimers Use of Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures such as EBITDA, Adjusted EBITDA, Distributable Cash Flow and Adjusted Free Cash Flow. These non-GAAP financial measures are not meant to be considered in isolation or as a substitute for res
Slide 6: Martin Midstream Partners contact information
Martin Midstream Partners 4200 B Stone Road Kilgore, Texas 75662 903.983.6200 www.themartincompanies.com www.MMLP.com
Martin Midstream Partners — Q2 2023 Earnings Presentation on 6ix