Martin Midstream Partners L.P. · Kilgore, TX United States ·(NASDAQ (GS): MMLP)
Company Description
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This link will open in a new window Martin Midstream Partners moves petroleum products. The company gets most of its sales from the distribution of liquefied petroleum gases (LPGs). Martin Midstream buys the LPGs from natural gas processors and oil refiners and sells them to propane retailers and industrial customers. Martin Midstream also manufactures sulfur and sulfur-based fertilizer products and provides marine transportation and storage of liquid hydrocarbons. The company operates primarily in the Gulf Coast region of the US. Martin Resource Management controls a 35% stake in Martin Midstream and owns its general partner. To read the full description, subscribe now.
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Key Martin Midstream Partners L.P. Financials
| Company Type | Public - NASDAQ (GS): MMLP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,214.0 |
| 2008 Employees | 601 |
Martin Midstream Partners L.P. Executives
25 executives listed for Martin Midstream Partners L.P.'s Kilgore, TX location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Ruben Martin | Network |
| EVP and COO | Donald Neumeyer | Network |
| EVP and CFO | Robert Bondurant | Network |
Competition
Competitive Landscape for Martin Midstream Partners L.P.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Martin Midstream Partners L.P. Competitors
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