Martin Midstream Partners Reports Fourth Quarter and Full Year 2025 Financial Results and Releases 2026 Guidance

About this update from Martin Midstream Partners L.p.

[{"type":"list","items":[{"val":[{"type":"text","content":"Reported net loss of $2.9 million and $14.8 million for the fourth quarter and full year ended December 31, 2025, respectively","length":126,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reported Adjusted EBITDA of $24.8 million and $99.0 million for the fourth quarter and full year ended December 31, 2025, respectively","length":134,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Provides 2026 Adjusted EBITDA guidance of $96.5 million, growth capital expenditures of $4.1 million, and maintenance capital expenditures of $32.4 million","length":155,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Declared quarterly cash dividend of $0.005 per common unit","length":58,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":473,"olType":false},{"type":"text","content":"KILGORE, Texas, February 18, 2026--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq: MMLP) ("MMLP" or the "Partnership") today announced its financial results for the fourth quarter and full year ended December 31, 2025.","length":247,"tagName":"p"},{"type":"text","content":"Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership, stated, "In 2025, the Partnership demonstrated the resilience of our diversified asset base, generating Adjusted EBITDA of $99.0 million for the full year and $24.8 million in the fourth quarter. While our GAAP net loss reflects non-cash items and specific segment headwinds, our focus remained on balance sheet discipline. We ended the year with total debt outstanding of approximately $439.1 million, liquidity of $31.4 million under our revolving credit facility, and an adjusted leverage ratio of 4.43 times based on Credit Adjusted EBITDA."","length":676,"tagName":"p"},{"type":"text","content":""Our 2025 results within the Terminalling and Storage segment, our pure sulfur services business, and our land transportation business delivered stable performance, underscoring the durability of our fixed-fee contracts within these businesses. This stability was partially offset by a decline in marine utilization during the third quarter, a softer fertilizer market in the fourth quarter, and headwinds in our grease business throughout the year.&quo...

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