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Martin Midstream Partners L.P. (MMLP)
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MMLP stock chart
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About Martin Midstream Partners L.P.
Martin Midstream Partners L.P., based in Kilgore, Texas, and formed in 2002, works with its subsidiaries to terminal, process, store and package petroleum products and by-products, mainly along the U.S. Gulf Coast. Its segments serve different parts of the energy and chemical industries.
The Terminalling and Storage segment runs 15 marine shore-based terminals and 13 specialty terminals. These sites store, refine, blend, package and handle petroleum products and by-products. The segment also rents land to oil and gas companies and stores and handles lubricants and fuels.
The Transportation segment moves petroleum products, petrochemicals and chemicals with 570 tank trucks, 1,200 trailers, 29 inland marine tank barges, 14 inland push boats and one articulated offshore tug and barge unit. The Sulfur Services segment turns molten sulfur into prilled or pelletized form for fertilizer and industrial chemical production. The Natural Gas Liquids segment stores, distributes and moves NGLs to refineries, industrial users and propane retailers, using about 2.1 million barrels of underground storage.
The partnership's general partner is Martin Midstream GP LLC.
Martin Midstream Partners financials at a glance
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