In a report released today, Selman Akyol from Stifel Nicolaus maintained a Hold rating on Martin Midstream (MMLP – Research Report), with a price target of $4.00. The company’s shares closed yesterday at $3.60.
Akyol covers the Energy sector, focusing on stocks such as Martin Midstream, Archrock, and Oneok. According to TipRanks, Akyol has an average return of 10.7% and a 70.54% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Martin Midstream with a $4.00 average price target.
MMLP market cap is currently $140.4M and has a P/E ratio of 22.03.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Martin Midstream (MMLP) Company Description:
Martin Midstream Partners LP engages in the diverse set of operations focused primarily in the United States Gulf Coast region. The firm collects, transports, stores and distributes the petroleum products and by-products. It operates through the following segments: Terminalling and Storage, Natural Gas Liquids, Sulfur Services, and Transportation. The Terminalling and Storage segment offers storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products, including the refining of naphthenic crude oil and the blending and packaging of various grades and quantities of industrial, commercial, and automotive lubricants and greases. The Natural Gas Liquids segment distributes natural gas liquids. The Sulfur Services segment develops an integrated system of transportation assets and facilities relating to sulfur services. The Transportation segment manages a fleet of inland marine tank barges, inland push boats and offshore tug, and barge unit that transport petroleum products and by-products. The company was founded in 2002 and is headquartered in Kilgore, TX.
Read More on MMLP:
