Martin Midstream Partners LP reported a net loss of $2.4 million for the second quarter of 2025, compared to a net income of $3.8 million in the same period of 2024. The partnership's revenues reached $180.7 million, slightly down from $184.5 million in the previous year. Adjusted EBITDA for the quarter stood at $27.1 million, down from $31.7 million in the second quarter of 2024. The company declared a quarterly cash dividend of $0.005 per common unit. Martin Midstream Partners maintains its full-year adjusted EBITDA guidance of $109.1 million. The Sulfur Services segment exceeded sales volumes and margin projections, contributing positively to the first half of the year. However, the Transportation segment experienced reduced cash flow due to lower marine business utilization and equipment repairs, although land transportation partially offset these shortfalls.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.