Company: Martin Midstream Partners LP (MMLP)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region. The company’s business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and natural gas liquids marketing, distribution and transportation services. Company operates in four segment Terminalling and storage, Transportation, Sulfur service and Specialty products segment. Majority of the revenue derived from Specialty products segment. -Morningstar.com-
Symbol: MMLP
Recent Price: $3.66
Dividends: $0.02
Yield: 0.55%
Sector: Energy
Industry: Oil & Gas Midstream
Address & Company Phone #: 4200 Stone Road Kilgore TX 75662, 903-983-6200
Transfer Agent: Computershare 800-635-9270
Moody’s Rating: Caa1
Minimum & Maximum Investment: $50 – $120,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: $0 Cash: $5+6¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $3.30, $1.95