NAPTP Annual Investor Conference May 23, 2013 www.martinmidstream.com
Use of Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures such as EBITDA and Adjusted EBITDA. These non-GAAP financial measures are not meant to be considered in isolation or as a substitute for…
General Partner Overview 4
Martin Resource Management (MRMC) Closely held corporation based in Kilgore, TX Operations strategically located in the U.S. Gulf Founded by R. S. Martin Jr. in 1951 Coast region Based in Kilgore, TX, MRMC is a leading Over 70% of…
Strong General Partner Support Ongoing MRMC businesses support the Partnership Martin Resource Maintains distinct set of assets and business Management Corporation units that are complementary to MMLP 100% Approximately 25% of…
7
MMLP Overview NASDAQ Listed: MMLP MMLP Trading Summary (1) Formed October 31, 2002 Unit Price: 44.51 MMLP is a publically traded, diversified Units Outstanding 26.6 million master limited partnership with operations Market Cap: 1.2…
Diversified Operating Mix (2012 Adjusted EBITDA Contribution (1)) Terminalling & Storage Sulfur Services (50.9 million or 39%) (44.6 million or 34%) Natural Gas Services Marine Transportation (18.5 million or 14%) (17.9 million or…
Recent Developments Talens Marine & Fuel, LLC acquisition for approximately 47.4 million on Dec. 31, 2012 Terminalling facilities and terminalling related assets in Texas and Louisiana NGL Marine Equipment acquisition for approximately…
Terminalling & Storage - Overview MMLP owns or operates 47 terminal facilities with Profitability Drivers for Terminalling & Storage approximately 3.8 million barrels of aggregate storage include capacity, across the U.S. Gulf Coast…
Terminalling & Storage Marine Terminal Assets Our 31 marine shore based terminals are located 12 Full service terminals provide logistical at strategic distribution points along the Gulf support services in addition to the storage and…
Terminalling & Storage Specialty Terminals 16 specialty terminal facilities with aggregate storage capacity of 2.9 million barrels Provide storage and handling services for a broad range of products including ammonia, asphalt, sulfur,…
Natural Gas Services MMLPs Natural Gas Services segment has Existing Natural Gas Services Assets significantly changed since 2012 200 mile NGL pipeline from Kilgore, TX, to July 2012 divestiture of East Texas and Beaumont, TX North…
Natural Gas Services Profitability Drivers for Natural Gas Services Sustainable commodity prices Drilling technologies Fractionation capabilities Contract mix/hedging 15
Natural Gas Services (Redbird Joint Venture) Current working gas capacity of approximately 45.0bcf, expanding to in excess of 50.0bcf by year-end 2013 Total working gas capacity of approximately 76.0bcf at full development Cardinal…
Sulfur Services MMLPs Sulfur Services segment include the following MMLPs Sulfur Service contract mix reflects: key assets: Typically 1-5 year prilling services 4 sulfur prillers (Texas & California) with a agreements with ExxonMobil,…
Marine Transportation MMLPs Marine Transportation segment includes the Contract mix reflects: following key assets: Major Oil Companies 54 inland marine tank barges International Trading Companies 29 inland push-boats Martin Family of…
Further Financial Information And EBITDA Reconciliations 19
Loading...
