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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 $3.30, up 0.3% from the previous day, and has increased 52.07% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.2 percentage points. Martin Midstream Partners stock is currently +66.67% from its 52-week low of $1.98, and -2.08% from its 52-week high of $3.37.

There are currently 39M shares of MMLP outstanding. The market cap of MMLP is $128.70M. In the past 24 hours, 76,057 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 a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out 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 selected.
  3. Put funds into your brokerage account: Pick your payment method and add your details.
  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 particular price.
  6. Get key alerts regarding your MMLP position: Create a watchlist to track your investment in Martin Midstream Partners shares.

Step 1: Decide where to buy Martin Midstream Partners stock

You need a brokerage account to access the NASDAQ market and buy MMLP shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal information so you can invest in MMLP stock today.

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  1. Send your details by clicking the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have finished signing up on the best stock broker app, you can securely and quickly fund your account:

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

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Step 4: Research Martin Midstream Partners stock

Once you have chosen the best place to buy Martin Midstream Partners stock, it's important to analyze their stock before you invest, so you can wrap your head around the risk as well as the opportunity.

Overview of key MMLP info

MMLP Price
$3.30
1w %
2.48%
1y %
52.07%
5y %
-50.23%
P/E
33x
P/B
-2.09x
P/S
0.17x
PEG
1.02x
Revenue
$734.26M
Earnings
$3.72M
Fore. Rev. Growth
1.79%
Fore. Earn. Growth
40%
Market Cap
$128.70M
Next Earnings
Jul 17, 2024
Next Dividend
N/A

Martin Midstream Partners Fundamentals

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.

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

Is MMLP stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge MMLP's fair value.

Using relative valuations methods:

  • MMLP may be overvalued based on its P/E ratio of 33x, relative to Oil & Gas Midstream industry P/E ratio of 14.99x
  • MMLP could be overvalued based on its PEG ratio of 1.02x

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

A look at MMLP Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the MMLP balance sheet.
  • MMLP profit margin has gone up from -2.7% to 0.5% in the past year.
  • MMLP's operating cash flow of $98.31M allows it to safely service it's debt of $473.63M.

Failed Financial Due Diligence Checks:

  • MMLP earnings of $67.16M is not enough to cover its interest payments.
  • Total MMLP debt is still negative.
  • There are more long-term liabilities than short-term assets on the MMLP balance sheet.
  • MMLP debt to equity ratio of -9.33 is negative.

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

MMLP Technicals

SMA10
3.23
SMA20
3.12
SMA50
2.87
SMA100
2.64
SMA200
2.61
MACD
0.12
MACD Signal
0.11
MACD Histogram
0
RSI
69.33
Stochastic %K
83.15
Stochastic %D
80.76
StochRSI %K
56.26
StochRSI %D
49.34

MMLP Performance Numbers

Last year, MMLP earnings were $3.72M. During the past 5 year, MMLP's earnings have increased by -32.43% per year. This was slower than the Oil & Gas Midstream industry average of 27.83%.

Last year, MMLP revenue was $734.26M. Over the past five year, MMLP's revenue has increased by -5.39% per year. This was slower than the Oil & Gas Midstream industry average of 8.23%.

You can analyze MMLP's earnings and revenue performance here.

What are MMLP executives and large shareholders up to?

In the past 12 months, 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 $399.00 worth of MMLP shares on May 17, 2024.

Learn more about who owns MMLP stock here.

Can I get consistent income from MMLP stock?

Martin Midstream Partners pays a dividend of 0.61%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.35%. If you owned $1,000 worth of MMLP stock, you would have been paid $6.06 in the past year.

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

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

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Step 5: Place your MMLP buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price limit, place a limit order.

Press the Open 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 stock, you'll want to keep up with your new investment.

Put MMLP on a watchlist to keep tabs on your MMLP stock.

MMLP Feed

How to Buy Stock in Martin Midstream Partners

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

  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 place to buy stocks, eToro is our recommended venue.

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

If you want to keep an eye on your new investment in Martin Midstream Partners, hit the button below to create your watchlist.

NASDAQ: MMLP
$3.30+0.01 (+0.3%)
Updated Jun 11, 2024
Open eToro Account
NASDAQ: MMLP
$3.30+0.01 (+0.3%)
Updated Jun 11, 2024
Open eToro Account

FAQ

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

As of Jun 11, 2024, it costs $3.30 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 0.303 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.