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
Check Earnings Report
US:NASDAQ Investor Relations:
ir.martinmidstream.com
Company Research
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
Show less
Read more
Impact Snapshot
Event Time:
MMLP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MMLP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MMLP alerts
High impacting Martin Midstream Partners L.P. - Common Units Representing Limited Partnership Interests news events
Weekly update
A roundup of the hottest topics
MMLP
News
- Martin Midstream Partners L.P. (NASDAQ: MMLP) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Is Alstom (ALSMY) Stock Outpacing Its Transportation Peers This Year? [Yahoo! Finance]Yahoo! Finance
- Underground Gas Storage Market to Grow by USD 10.2 Billion from 2024-2028, Driven by Rising Energy Demand and AI's Impact on Market Trends - Technavio [Yahoo! Finance]Yahoo! Finance
- Martin Midstream Partners goes ex dividend tomorrow [Seeking Alpha]Seeking Alpha
- Martin Midstream Partners L.P. (NASDAQ: MMLP) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
MMLP
Earnings
- 10/16/24 - Miss
MMLP
Sec Filings
- 11/21/24 - Form SC
- 11/21/24 - Form PRER14A
- 11/20/24 - Form 4
- MMLP's page on the SEC website