Martin Midstream Partners L.p. · NASDAQ:MMLP

Martin Midstream Partners L.p — Q2 2022 Earnings Presentation

6 slides from Martin Midstream Partners L.p's earnings presentation, Jul 21, 2022

  1. Slide 1: Second Quarter 2022 Earnings Summary & Revised Guidance

    Martin Midstream Partners L.P. Second Quarter 2022 Earnings Summary & Revised Guidance July 20, 2022

  2. Slide 2: MMLP 2Q 2022 Adjusted EBITDA Comparison & Reconciliation

    MMLP 2Q 2022 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest 2Q2022 (in millions) Sulfur Services Transportation SG&A & Storage Liquids Expense Actual Net income (loss) $5.1 $9.1 $11.2 $0.3 $(6.3) $(12.8) $6.6 Interest expense add back -- -- -- -- -- $12.8 $12.8 Income

  3. Slide 3: MMLP 1H2022 Adjusted EBITDA Comparison & Reconciliation

    MMLP 1H2022 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest (in millions) Sulfur Services Transportation SG&A 1H22 Actual & Storage Liquids Expense Net income (loss) $9.1 $21.8 $18.2 $6.4 $(12.1) $(25.3) $18.1 Interest expense add back -- -- -- -- -- $25.3 $25.3 Income

  4. Slide 4: MMLP 2Q & 1H2021 Adjusted EBITDA Comparison & Reconciliation

    MMLP 2Q & 1H2021 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest (in millions) Sulfur Services Transportation SG&A 2Q2021 & Storage Liquids Expense Net income (loss) $3.7 $6.3 $0.7 $0.7 $(4.7) $(13.3) $(6.6) Interest expense add back -- -- -- -- -- $13.3 $13.3 Income ta

  5. Slide 5: 2022E Guidance

    2022E Guidance Guidance Range of Adjusted EBITDA, Distributable Cash Flow and Adjusted Free Cash Year Ending 1Q2022 2Q2022 Flow 3Q2022 4Q2022 December 31, Actuals Actuals (in millions) 2022 (Unaudited) Adjusted EBITDA (pre-unallocated SG&A) $44.0 $42.7 $26 - $31 $30 - $34 $143 - $152 Unallocated SG&

  6. Slide 6: Disclaimers

    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

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