MMLP reported higher revenue in the second quarter of 2026, with Martin Midstream Partners L.P. generating $213.6 million, up 18.2% from a year earlier. Gross profit rose to $106.0 million, while operating profit increased 29.4% to $19.3 million, showing improved operating momentum.
The company’s bottom line was weaker, however, as net income attributable to common shareholders fell to $2.6 million and diluted earnings per share came in at $0.07. Cash from operating activities dropped to $12.2 million, even as capital spending on property, plant and equipment declined to $11.1 million.
On the balance sheet, Martin Midstream ended the period with $50,000 in cash and cash equivalents and total liabilities of $637.6 million. Cost of sales increased to $107.6 million, reflecting higher operating volume alongside the company’s stronger top-line results.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Martin Midstream Partners L.P. Hedge Fund Activity
We have seen 11 institutional investors add shares of Martin Midstream Partners L.P. stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 62,480 shares (+8.0%) to their portfolio in Q1 2026, for an estimated $172,444
- ANNIS GARDNER WHITING CAPITAL ADVISORS, LLC added 43,794 shares (+inf%) to their portfolio in Q1 2026, for an estimated $120,871
- JANE STREET GROUP, LLC removed 24,068 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $66,427
- AGP FRANKLIN, LLC removed 16,307 shares (-52.6%) from their portfolio in Q1 2026, for an estimated $45,007
- COMMERCE BANK removed 10,844 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $29,929
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 7,921 shares (+9.1%) to their portfolio in Q1 2026, for an estimated $21,861
- BANK OF AMERICA CORP /DE/ added 4,547 shares (+0.8%) to their portfolio in Q1 2026, for an estimated $12,549
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.