Business Context and Reporting Period
Company: MARTIN MIDSTREAM PARTNERS L.P. (MMLP)
Filing Type: Form 8-K (Current Report)
Report Date: August 4, 2010
Reporting Period: Second quarter ended June 30, 2010
This filing serves to announce the release of financial results for the quarter ended June 30, 2010, and to disclose a significant corporate transaction. The detailed financial data is contained in a press release furnished as Exhibit 99.1.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being available in the press release (Exhibit 99.1) and the upcoming investor conference call.
Material Changes and Corporate Events
- Acquisition Announcement: On August 4, 2010, MMLP announced an agreement to acquire two shore-based marine terminals from Martin Resource Management Corporation, the owner of MMLP's general partner.
- Results Release: Financial results for the quarter ended June 30, 2010, were issued on August 4, 2010.
Guidance, Outlook, and Management Commentary
Investor Conference Call: MMLP scheduled an investor conference call for August 5, 2010, at 8:00 a.m. Central Time to discuss the second-quarter financial results. The call will include supplemental financial data and certain non-GAAP financial measures.
Disclosure Status: The information in this filing and the accompanying press release is deemed "furnished" and not "filed" for purposes of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated August 4, 2010) for specific Q2 2010 revenue, net income, and cash flow figures.
- Verify the terms and closing conditions of the acquisition of the two shore-based marine terminals from Martin Resource Management Corporation.
- Check the company website (www.martinmidstream.com) for the full text of the press release and supplemental non-GAAP data.
- Confirm the date and time of the investor conference call (August 5, 2010) for management commentary on the results and outlook.