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Martin Midstream ( (MMLP) ) has provided an announcement.
On February 13, 2025, Martin Midstream Partners L.P. and its subsidiaries amended their Credit Agreement with Royal Bank of Canada, adjusting financial covenants related to interest coverage and leverage ratios for various fiscal quarters in 2025. Additionally, on February 11, 2025, the company approved a 2025 Phantom Unit Plan, allowing for the award of cash-based phantom units and appreciation rights to employees and directors, with vesting conditions tied to employment duration and company control changes.
More about Martin Midstream
Martin Midstream Partners L.P. operates in the energy sector, focusing on the transportation, storage, and distribution of petroleum products and by-products. The company primarily serves the oil and gas industry, providing services that include marine transportation, terminaling, and storage, as well as natural gas services.
YTD Price Performance: -2.93%
Average Trading Volume: 116,402
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $135.7M
For a thorough assessment of MMLP stock, go to TipRanks’ Stock Analysis page.
