MARTIN RESOURCE MANAGEMENT (MRMC) OVERVIEW Based in Kilgore, TX, MRMC is a leading independent provider of storage, manufacturing, marketing, and distribution services to energy, petrochemical and other industrial concerns MRMC and…
MARTIN MIDSTREAM PARTNERS L.P. (MMLP) OVERVIEW NASDAQ Listed: MMLP Formed October 31, 2002 MMLP is a publicly traded, diversified master limited partnership with operations including: Terminalling & Storage Natural Gas Services…
KEY INVESTMENT HIGHLIGHTS Majority of cash flows generated from fee-based contracts Fee-Based Contracts Significant portions consist of reservation charges or minimum fee arrangements Refinery centric, diversified asset base with…
UNIQUELY DIVERSIFIED OPERATING MIX Natural Gas Services Terminalling & Storage 84.2 72.0 183.6 Adjusted EBITDA Marine Transportation Sulfur Services (199.7 million before 16.1 million unallocated SG&A and other non-operating…
MMLP ASSET LOCATIONS ALL SEGMENTS 9
STRONG FEE-BASED CONTRACT MIX Natural Gas Services Fee-based, multi-year natural gas storage contracts (weighted average life greater than 4.0 years as of March 31, 2016) Fee-based regulated common carrier tariffs (WTLPG) Margin-based…
HIGH QUALITY LONG-TERM CUSTOMER BASE Long-term customer relationships are a key driver of our success Full value chain solutions for handling and logistics Customers include some of the largest, most profitable businesses in the…
STRONG GENERAL PARTNER SUPPORT MRMC businesses help support MMLP MRMCs distinct assets and business units are complementary to MMLP Approximately 25% of 2015 MMLP Adjusted EBITDA derived from contracts with MRMC MRMC has…
S E G M E N T & O P E R AT I O N A L O V E R V I E W
NATURAL GAS SERVICES OVERVIEW MMLP provides wholesale distribution of natural gas liquids (NGLs) to propane retailers, refineries and industrial NGL users in Texas and the southeastern U.S. MMLP owns Cardinal Gas Storage Partners LLC,…
NATURAL GAS SERVICES PROFITABILITY DRIVERS Natural Gas Services Cardinal Gas Storage Natural Gas production/supply Geographical basis differentials Seasonal demand Natural Gas price volatility Butane Refinery utilization Refined…
TERMINALLING & STORAGE MMLP owns or operates 45 terminal facilities with an aggregate storage capacity of 4.2 million barrels. These facilities are located across the U.S. Gulf Coast region and provide storage, refining, blending,…
TERMINALLING & STORAGE PROFITABILITY DRIVERS Terminalling & Storage Corpus Christi Crude and Specialty Terminals Eagle Ford production (CCCT) Refinery dependency on moving by-products such as asphalt, fuel oil, molten sulfur, ammonia,…
SULFUR SERVICES OVERVIEW MMLP has an integrated system of sulfur aggregation facilities and transportation assets. MMLP gathers molten sulfur from refiners, primarily located on the Gulf Coast. Molten sulfur is either marketed to…
SULFUR SERVICES PROFITABILITY DRIVERS Sulfur Services Fertilizer Macro agricultural demand (forecast calls for a slight increase in corn acreage planted for 2016) Long-term diminishing and inadequate sulfur levels in U.S. soil, thus…
SULFUR SERVICES Integrated Value Chain Provides transportation, processing and marketing services necessary to move product from producer to consumer Intermodal transportation offers multiple fee opportunities for the Partnership…
MARINE TRANSPORTATION OVERVIEW MMLP utilizes a fleet of inland and offshore tows to provide marine transportation of petroleum products and by-products produced in oil refining and natural gas processing. MMLPs marine transportation…
Loading...
