Martin Midstream Partners L.p. · NASDAQ:MMLP

Martin Midstream Partners L.p — Q4 2022 Earnings Presentation

6 slides from Martin Midstream Partners L.p's earnings presentation, Feb 16, 2023

  1. Slide 1: Fourth Quarter & Full-Year 2022 Earnings Summary and 2023 Financial Guidance

    Martin Midstream Partners L.P. Fourth Quarter & Full-Year 2022 Earnings Summary and 2023 Financial Guidance February 16, 2023

  2. Slide 2: MMLP 4Q 2022 Adjusted EBITDA Comparison & Reconciliation

    MMLP 4Q 2022 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest 4Q2022 (in millions) Sulfur Services Transportation SG&A & Storage Liquids Expense Actual Net income (loss) $4.3 $9.1 $11.1 $(3.7) $(6.6) $(14.5) $(0.4) Interest expense add back - - - - - $14.5 $14.5 Income t

  3. Slide 3: MMLP Full-Year 2022 Adjusted EBITDA Comparison & Reconciliation

    MMLP Full-Year 2022 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest YTD 4Q22 (in millions) Sulfur Services Transportation SG&A & Storage Liquids Expense Actual Net income (loss) $18.9 $24.2 $41.4 $(16.3) $(24.8) $(53.7) $(10.3) Interest expense add back - - - - - $53.7

  4. Slide 4: MMLP 4Q & YTD 4Q 2021 Adjusted EBITDA Comparison & Reconciliation

    MMLP 4Q & YTD 4Q 2021 Adjusted EBITDA Comparison & Reconciliation Terminalling Natural Gas Interest 4Q21 (in millions) Sulfur Services Transportation SG&A & Storage Liquids Expense Actual Net income (loss) $3.9 $8.9 $5.1 $12.2 $(5.6) $(13.7) $10.8 Interest expense add back - - - - - $13.7 $13.7 Inco

  5. Slide 5: 2023E Adjusted EBITDA Guidance

    2023E Adjusted EBITDA Guidance Transportation 1Q23E 2Q23E 3Q23E 4Q23E 2023E Specialty Products 1Q23E 2Q23E 3Q23E 4Q23E 2023E Land $9.5 $8.8 $8.7 $8.6 $35.6 Lubricants $2.7 $3.3 $3.4 $1.9 $11.3 Marine $2.1 $2.8 $2.6 $2.9 $10.4 Grease $2.1 $2.3 $2.3 $1.8 $8.5 Total Transportation $11.6 $11.6 $11.3 $11

  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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