Martin Midstream Partners L.P. Announces 10% Owner Buyback of 60,686 Shares.

Martin Midstream Partners L.P. [MMLP] has announced that 10% owner Martin Product Sales LLC has recently acquired 60,686 shares at a price of $3.12 per share on June 11, 2025.

Martin Midstream Partners L.P. [MMLP] has recently experienced a significant shift in its ownership structure, following an acquisition by Martin Product Sales LLC. On June 11, 2025, Martin Product Sales LLC, a 10% owner and wholly owned subsidiary of Martin Resource Management Corporation, purchased 605,633 Common Units of MMLP at a price of $3.05 per share, totaling $1,847,180 [1].

This acquisition increases Martin Product Sales LLC's direct ownership to 2,499,401 Common Units. Including this purchase, Martin Resource Management Corporation indirectly owns 7,592,668.23 Common Units and controls the general partner of MMLP [1].

Martin Midstream Partners L.P. is a publicly traded limited partnership headquartered in Kilgore, Texas. Its primary business lines include terminalling, processing, and storage services for petroleum products and by-products, land and marine transportation services, sulfur processing, marketing and distribution of natural gas liquids, and blending and packaging services for specialty lubricants and grease [2].

The acquisition is part of a broader strategy by Martin Resource Management Corporation to strengthen its position within the energy sector. This move comes as MMLP continues to expand its operations and diversify its revenue streams, particularly in the Gulf Coast region of the United States [2].

The company has also announced that its 2024 Schedule K-3, reflecting items of international tax relevance, is now available online. Unitholders requiring this information can access it at https://www.taxpackagesupport.com/martinmidstream [2].

This transaction underscores the ongoing consolidation and strategic maneuvering within the energy sector, as companies seek to enhance their market positions and capitalize on growth opportunities. Investors should closely monitor the performance and strategic developments of MMLP as it navigates these changes.

References:
[1] https://www.tradingview.com/news/tradingview:78f834388eda4:0-martin-product-sales-llc-acquires-over-600k-shares-in-martin-midstream-partners-l-p/
[2] https://www.businesswire.com/news/home/20250603511304/en/Martin-Midstream-Partners-L.P.-2024-Schedule-K-3-Forms-Now-Available