8 slides from Martin Midstream Partners L.p's earnings presentation, Jul 22, 2026
Slide 1: Second Quarter 2026 Earnings Summary
Exhibit 99.2 Second Quarter 2026 Earnings Summary MARTIN MIDSTREAM PARTNERS July 22, 2026
Slide 2: MMLP 2Q 2026 Adjusted EBITDA Reconciliation & Comparison
MMLP 2Q 2026 Adjusted EBITDA Reconciliation & Comparison (in millions) Terminalling & 2Q 2026 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $5.1 $8.8 $4.4 $4.6 $(5.8) $(14.5) $2.6 Interest expense add back — — — — — $14.5 $14.5 Equity in los
Slide 3: MMLP 2Q 2025 Adjusted EBITDA Reconciliation
MMLP 2Q 2025 Adjusted EBITDA Reconciliation (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 loss of DSM Se
Slide 4: MMLP YTD 2Q 2026 Adjusted EBITDA Reconciliation & Comparison
MMLP YTD 2Q 2026 Adjusted EBITDA Reconciliation & Comparison (in millions) Terminalling & YTD 2026 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $8.4 $11.0 $6.9 $8.1 $(10.1) $(28.5) $(4.1) Interest expense add back — — — — — $28.5 $28.5 Equi
Slide 5: MMLP YTD 2Q 2025 Adjusted EBITDA Reconciliation
MMLP YTD 2Q 2025 Adjusted EBITDA Reconciliation (in millions) Terminalling & YTD 2Q 2025 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $11.7 $5.1 $13.7 $7.4 $(12.6) $(28.7) $(3.4) Interest expense add back — — — — — $28.7 $28.7 Equity in los
Slide 6: MMLP Full-Year 2026E Revised Guidance
MMLP Full-Year 2026E Revised Guidance (in millions) Revised Guidance Year Actuals - Six Months Ending Ended June 30, 2026 December 31, 2026 (Unaudited) (Unaudited) Adjusted EBITDA by segment: Transportation Segment $14.0 $28.2 Terminalling and Storage Segment $16.6 $31.6 Sulfur Services Segment $15.
Slide 7: Disclaimers
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
Slide 8: Martin Midstream Partners Contact
Martin Midstream Partners 4200 B Stone Road Kilgore, Texas 75662 903.983.6200 www.MMLP.com