Martin Midstream Partners LP
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Transactions
Martin Midstream Sells California Sulfur Terminal to Gulf Terminals
Martin Midstream Sells California Sulfur Terminal to Gulf Terminals
Martin Midstream Divests East Texas Pipeline Idle Since 2018
Martin Midstream Divests East Texas Pipeline Idle Since 2018
Martin Midstream To Sell Gulf Coast Gas Storage Assets For $215 Million
Martin Midstream To Sell Gulf Coast Gas Storage Assets For $215 Million
Martin Midstream To Sell Gulf Coast Gas Storage Assets For $215 Million
Martin Midstream To Sell Gulf Coast Gas Storage Assets For $215 Million
ONEOK Buys Remaining West Texas LPG Interest For $195 Million
ONEOK Buys Remaining West Texas LPG Interest For $195 Million
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New Financings
Martin Midstream Partners LP has successfully amended and extended its revolving credit facility…
Priced public offering of 3 million common units at $36.91 each. Underwriters given monthlong option to…
Revolving credit facility was amended through commitments from 25 lenders. The facility matures March 28…
Priced some 3 million units at $41.51 each. Net proceeds will repay outstanding revolving credit facility…
Will offer senior unsecured 7.250% notes due 2021 in private offer as an addition to Feb. 11, 2013 offer…
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News
Martin Midstream Sells California Sulfur Terminal to Gulf Terminals
The asset sale on Oct. 10 included Martin Midstream’s Stockton Sulfur Terminal in California, which Gulf Terminals LLC agreed to acquire for approximately $5.25 million.
Martin Midstream Names Bob Bondurant CEO as Founder Ruben Martin Retires
Martin Midstream’s founder, Ruben Martin, will retire as president and CEO on Dec. 31, but remain as board chairman and will continue to be actively involved in its business development.
The Midstream 50: Consolidation Rattles the Rankings
The long-running contraction in the number of midstream players accelerated in 2019.
Martin Midstream Divests East Texas Pipeline Idle Since 2018
The divestiture of the East Texas Pipeline follows a strategy set forth by Martin Midstream last year to delever the balance sheet and simplify its portfolio through noncore asset sales.
Martin Midstream To Sell Gulf Coast Gas Storage Assets For $215 Million
A subsidiary of Hartree Bulk Storage will buy the natural gas storage assets from Martin Midstream for $215 million in cash and plans to operate them as independent facilities.Â
Martin Midstream Partners’ Garner To Retire
Executive served for 29 years.
Martin Midstream Unlikely To Take Financial Hit On Neches Terminal Incident
Weather-related event disabled mobile ship-loader and crane at the Texas port.