Martin Midstream Partners L.P. Announces Sale of Natural Gas Storage Assets
Martin Midstream Partners L.P. - Common Units Representing Limited Partnership Interests (MMLP)
Last martin midstream partners l.p. - common units representing limited partnership interests earnings: 4/22 05:00 pm
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US:NASDAQ Investor Relations:
ir.martinmidstream.com
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Source: GlobeNewswire
KILGORE, Texas, June 10, 2019 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (“the Partnership”) (NASDAQ: MMLP) announced today that it has entered into a definitive agreement with Hartree Cardinal Gas, LLC, a subsidiary of Hartree Bulk Storage LLC, to sell its membership interests in Arcadia Gas Storage, LLC, Cadeville Gas Storage LLC, Monroe Gas Storage, LLC and Perryville Gas Storage LLC (the “Natural Gas Storage Assets”) for $215.0 million in cash. Ruben Martin, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership said, “Our agreement to sell the Natural Gas Storage Assets is an important piece of the Partnership’s strategy to strengthen the balance sheet and re-focus our operational expertise on the refinery services industry.” The Natural Gas Storage Assets consist of approximately 50 billion cubic feet of working capacity located in northern Louisiana and Mississippi. The transaction is expected to close on or around
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MMLP
News
- Leading Independent Proxy Advisory Firm Glass Lewis Joins Institutional Shareholder Services in Recommending MMLP Unitholders Vote "FOR" the Transaction with MRMC [Yahoo! Finance]Yahoo! Finance
- Leading Independent Proxy Advisory Firm Glass Lewis Joins Institutional Shareholder Services in Recommending MMLP Unitholders Vote “FOR” the Transaction with MRMCBusiness Wire
- Martin Midstream Partners L.P. (NASDAQ: MMLP) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Leading Independent Proxy Advisory Firm ISS Recommends MMLP Unitholders Vote “FOR” the Transaction with MRMCBusiness Wire
- Nut Tree Capital Management and Caspian Capital Send Letter to Unitholders Reiterating Why Martin Midstream Partners L.P. Unitholders Should Vote "AGAINST" the Value Destructive Merger with Martin Resource Management Corp.PR Newswire
MMLP
Earnings
- 10/16/24 - Miss
MMLP
Sec Filings
- 12/18/24 - Form DEFA14A
- 12/16/24 - Form DFAN14A
- 12/16/24 - Form DEFA14A
- MMLP's page on the SEC website