Martin Midstream Partners L.p. · NASDAQ:MMLP
Martin Midstream Partners L.p — Q3 2022 Earnings Presentation
6 slides from Martin Midstream Partners L.p's earnings presentation, Nov 3, 2022
Slide 1: Third Quarter 2022 Earnings Summary & Revised Guidance
Martin Midstream Partners L.P. Third Quarter 2022 Earnings Summary & Revised Guidance November 2, 2022
Slide 2: MMLP 3Q 2022 Adjusted EBITDA Comparison & Reconciliation
MMLP 3Q 2022 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest 3Q2022 (in millions) Sulfur Services Transportation SG&A & Storage Liquids Expense Actual Net income (loss) $5.6 $(6.7) $12.1 $(19.0) $(6.2) $(13.9) $(28.0) Interest expense add back - - - - - $13.9 $13.9 Inco
Slide 3: MMLP YTD 3Q 2022 Adjusted EBITDA Comparison & Reconciliation
MMLP YTD 3Q 2022 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest YTD 3Q22 (in millions) Sulfur Services Transportation SG&A & Storage Liquids Expense Actual Net income (loss) $14.6 $15.1 $30.3 $(12.6) $(18.2) $(39.2) $(10.0) Interest expense add back - - - - - $39.2 $39
Slide 4: 2022E Guidance
2022E Guidance Guidance Range of Adjusted EBITDA, Distributable Cash Flow and Adjusted Free Cash Year Ending 1Q2022 2Q2022 3Q2022 Flow 4Q2022 December 31, Actuals Actuals Actuals (in millions) 2022 (Unaudited) Adjusted EBITDA (pre-unallocated SG&A) $44.0 $42.7 $23.0 $23 - $28 $133 - $138 Unallocated
Slide 5: MMLP 3Q & YTD 3Q 2021 Adjusted EBITDA Comparison & Reconciliation
MMLP 3Q & YTD 3Q 2021 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest 3Q21 (in millions) Sulfur Services Transportation SG&A & Storage Liquids Expense Actual Net income (loss) $4.4 $2.3 $3.9 $1.6 $(5.0) $(14.1) $(6.9) Interest expense add back -- -- -- -- -- $14.1 $14.1
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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