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 $2.88, up 0% from the previous day, and has increased 15.2% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.13 percentage points. Martin Midstream Partners stock is currently +47.69% from its 52-week low of $1.95, and -12.73% from its 52-week high of $3.30.
There are currently 39M shares of MMLP outstanding. The market cap of MMLP is $112.32M. In the past 24 hours, 79,753 MMLP shares were traded.
How to Buy Martin Midstream Partners Stock
Wondering how to invest in Martin Midstream Partners stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
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Open eToro AccountStep 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.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
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.
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
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 28.8x, relative to Oil & Gas Midstream industry P/E ratio of 14.4x
You can access additional valuation research on MMLP's stock here.
MMLP Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the MMLP balance sheet.
- MMLP's operating cash flow of $98.31M allows it to safely service it's debt of $473.63M.
- MMLP profit margin has gone up from -2.7% to 0.5% in the past year.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the MMLP balance sheet.
- MMLP earnings of $67.16M is not enough to cover its interest payments.
- MMLP debt to equity ratio of -9.33 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 Technicals
Is MMLP Making Money?
Last year, MMLP earnings were $3.72M. During the last 5 year, MMLP's earnings have grown by -32.43% per year. This was slower than the Oil & Gas Midstream industry average of 25.93%.
Last year, MMLP revenue was $734.26M. During the past 5 year, MMLP's revenue has increased by -5.39% per year. This was slower than the Oil & Gas Midstream industry average of 8.45%.
You can research MMLP's earnings and revenue performance here.
Who is buying/selling MMLP?
In the past 12 months, insiders 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 $4,240.49 worth of MMLP shares on Apr 9, 2024.
Dig into more about who owns MMLP shares here.
Does MMLP stock generate passive income?
Martin Midstream Partners pays a dividend of 0.52%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.69%. If you owned $1,000 of MMLP stock, you would have been paid $5.21 in the past 12 months.
Martin Midstream Partners dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Martin Midstream Partners dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your MMLP buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Press the Open button and eToro will execute your order.
If you require more help buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your MMLP position
Now that you own some MMLP shares, you'll want to keep up with your investment.
Create a watchlist to get the latest updates about your MMLP stock.
MMLP Feed
How to Buy Stock in Martin Midstream Partners
To reiterate, here are the 6 steps for buying Martin Midstream Partners stock:
- Decide where to buy Martin Midstream Partners stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Martin Midstream Partners stock
- Place your MMLP buy order
- Get key alerts regarding your MMLP position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your investment in Martin Midstream Partners, click below.
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