Martin Midstream Partners L.p. · NASDAQ:MMLP

Martin Midstream Partners L.p — Q2 2025 Earnings Presentation

6 slides from Martin Midstream Partners L.p's earnings presentation, Jul 16, 2025

  1. Slide 1: Second Quarter 2025 Earnings Summary

    Exhibit 99.2 Second Quarter 2025 Earnings Summary MARTIN MIDSTREAM PARTNERS July 16, 2025

  2. Slide 2: MMLP 2Q 2025 Adjusted EBITDA Reconciliation & Comparison

    MMLP 2Q 2025 Adjusted EBITDA Reconciliation & Comparison (in millions) Terminalling & 2Q 2025 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $6.2 $3.0 $6.0 $3.6 $(6.6) $(14.6) $(2.4) Interest expense add back — — — — — $14.6 $14.6 Equity in l

  3. Slide 3: MMLP 2Q 2024 Adjusted EBITDA Reconciliation

    MMLP 2Q 2024 Adjusted EBITDA Reconciliation (in millions) Terminalling & 2Q 2024 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $8.0 $3.3 $7.5 $4.9 $(5.6) $(14.4) $3.8 Interest expense add back — — — — — $14.4 $14.4 Income tax expense — — — —

  4. Slide 4: Full-Year 2025E Guidance

    MMLP Full-Year 2025E Guidance (in millions) Guidance Year Ending Actuals - Six Months December 31, 2025 Ended June 30, 2025 (Unaudited) Adjusted EBITDA by segment: Transportation Segment $16.5 $35.4 Terminalling and Storage Segment $16.1 $35.6 1 Sulfur Services Segment $21.2 $31.9 Specialty Products

  5. Slide 5: Disclaimers: Non-GAAP Financial Measures and Forward Looking Statements

    Disclaimers Use of Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures such as Adjusted EBITDA. These non-GAAP financial measures are not meant to be considered in isolation or as a substitute for results prepared in accordance with accounting principles genera

  6. Slide 6: Martin Midstream Partners contact details

    Martin Midstream Partners 4200 B Stone Road Kilgore, Texas 75662 903.983.6200 www.MMLP.com

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