How to Buy Martin Midstream Partners Stock

Martin Midstream Partners LP

Martin Midstream Partners L. P. , together with its subsidiaries, engages in terminalling, processing, storage, and packaging of petroleum products and by-products primarily in the United States Gulf Coast region.

Martin Midstream Partners stock last closed at $3.68, up 0% from the previous day, and has increased 64.29% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.34 percentage points. Martin Midstream Partners stock is currently +75.24% from its 52-week low of $2.10, and -10.92% from its 52-week high of $4.13.

There are currently 39M shares of MMLP outstanding. The market value of MMLP is $143.52M. In the last 24 hours, 81,100 MMLP shares were traded.

How to Buy Martin Midstream Partners Stock

Wondering how to invest in Martin Midstream Partners stock? Here's how.

  1. Decide where to buy Martin Midstream Partners stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Martin Midstream Partners stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your payment method and add your info.
  4. Research Martin Midstream Partners stock: The Martin Midstream Partners ticker symbol is MMLP. Is Martin Midstream Partners stock a good investment? Should you buy shares of MMLP? How do MMLP's underlying business fundamentals look? Do top analysts think Martin Midstream Partners is a good buy? Why has MMLP's stock price moved recently? (Hint: Our stock market research website can help you evaluate if MMLP is a good stock to buy).
  5. Place your MMLP buy order: Decide if you will purchase MMLP shares at the current market price or use a limit order to buy MMLP shares at a given price.
  6. Get key alerts regarding your MMLP position: Create a watchlist to get the latest news on your position in Martin Midstream Partners stock.

Step 1: Decide where to buy Martin Midstream Partners stock

You need a brokerage account in order to access the NASDAQ market and buy MMLP stock.

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Step 2: Open your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to invest in MMLP stock today.

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Step 3: Put funds into your brokerage account

Now that you have filled out your info on our top ranked stock app, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of depositing funds into your new brokerage account.

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Step 4: Research Martin Midstream Partners stock

Once you have identified the best place to buy Martin Midstream Partners stock, it's critical to research their stock prior to investing, so you truly comprehend the risk as well as the upside.

Martin Midstream Partners stock at a glance

MMLP Price
$3.68
1w %
-0.54%
1y %
64.29%
5y %
45.45%
P/E
33.45x
P/B
-2.34x
P/S
0.2x
PEG
1.14x
Revenue
$717.40M
Earnings
$4.15M
Fore. Rev. Growth
0.75%
Fore. Earn. Growth
36.36%
Market Cap
$143.52M
Next Earnings
Feb 12, 2025
Next Dividend
N/A

Martin Midstream Partners Due Diligence Score

WallStreetZen was built to help everyday investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on MMLP's stock page.

Is MMLP stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge MMLP's fair value.

Using relative valuations methods:

  • MMLP could be overvalued based on its P/E ratio of 33.45x, relative to Oil & Gas Midstream industry P/E ratio of 17.27x
  • MMLP could be overvalued based on its PEG ratio of 1.14x

You can do more valuation research on MMLP's stock here.

Is MMLP a healthy company?

Passed Financial Due Diligence Checks:

  • MMLP profit margin has gone up from -0.6% to 0.6% in the past year.
  • MMLP has $56.00k in cash and short term investments. This is enough to cover its annual cash burn of $4.24M.
  • There are more short-term assets than short-term liabilities on the MMLP balance sheet.

Failed Financial Due Diligence Checks:

  • There are more long-term liabilities than short-term assets on the MMLP balance sheet.
  • MMLP has cash burn of 4242000. It does not have sufficient cash and short-term investments to cover this.
  • MMLP debt to equity ratio of -10.04 is negative.
  • Total MMLP debt is still negative.

You can dig deeper into what analysts are projecting on the Martin Midstream Partners stock forecast page.

MMLP Momentum

SMA10
3.6
SMA20
3.54
SMA50
3.74
SMA100
3.81
SMA200
3.57
MACD
-0.01
MACD Signal
-0.04
MACD Histogram
0.03
RSI
53.66
Stochastic %K
70.37
Stochastic %D
66.06
StochRSI %K
78.9
StochRSI %D
74.67

MMLP Growth Numbers

Last year, MMLP earnings were $4.15M. In the past four year, MMLP's earnings have gone up by 21.79% per year. This was slower than the Oil & Gas Midstream industry average of 27.54%.

Last year, MMLP revenue was $717.40M. In the last five year, MMLP's revenue has increased by -3.84% per year. This was slower than the Oil & Gas Midstream industry average of 8.08%.

Dive into MMLP's earnings and revenue performance here.

Are MMLP executives and large shareholders buying or selling the stock?

In the past year, executives and large shareholders at MMLP have bought more shares than they have sold.

Robert D. Bondurant, President and CEO of MMLP, was the latest MMLP insider to buy. They bought $398.70 worth of MMLP stock on Nov 18, 2024.

Dig into more about who owns MMLP shares here.

Does MMLP provide a stable income stream?

Martin Midstream Partners pays a dividend of 0.41%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.34%. If you owned $1,000 worth of MMLP stock, you would have received $4.08 in the past 12 months.

Martin Midstream Partners dividend payments have not consistently grown over the past decade and have not remained stable.

Get more info about Martin Midstream Partners dividend yield and history here.

What others are saying about MMLP

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Step 5: Place your MMLP buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Get key alerts regarding your MMLP position

Now that you own some MMLP shares, you'll want to stay up-to-date on your new shares.

Create a watchlist to see the latest developments about your MMLP stock.

MMLP Feed

How to Buy Stock in Martin Midstream Partners

To summarize, here are the 6 steps to buy stock in Martin Midstream Partners:

  1. Decide where to buy Martin Midstream Partners stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Research Martin Midstream Partners stock
  5. Place your MMLP buy order
  6. Get key alerts regarding your MMLP position

If you require a online brokerage, eToro is our recommended option.

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If you would like to track your new investment in Martin Midstream Partners, add MMLP to your watchlist by clicking the button below.

NASDAQ: MMLP
$3.68+0.00 (+0%)
Updated Feb 6, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: MMLP
$3.68+0.00 (+0%)
Updated Feb 6, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Martin Midstream Partners share?

As of Feb 6, 2025, it costs $3.68 to buy one share of Martin Midstream Partners stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.272 shares of MMLP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Martin Midstream Partners stock?

One way to place an order for Martin Midstream Partners stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.