Martin Midstream Partners L.P. Files Universal Shelf Registration Statement
June 04 2019 - 6:17AM
Martin Midstream Partners L.P. (“the Partnership”) (NASDAQ: MMLP)
announced today the filing of a universal shelf registration
statement.
Martin Resource Management Corporation ("MRMC"
or the "Company") is listed as a selling unitholder in the
filing. The Company owns a total of 6,114,532, or 15.7%, of
the outstanding limited partnership common units of the
Partnership, however, has no current intention to divest any of the
Partnership units it owns. Due to certain requirements under
MRMC's credit agreement, these units must be continuously
registered for resale by the Partnership under a Form S-3
registration statement filed with the Securities and Exchange
Commission.
About Martin Midstream Partners
(NASDAQ:MMLP)
The Partnership is a publicly traded limited
partnership with a diverse set of operations focused primarily in
the United States Gulf Coast region. The Partnership's primary
business segments include: (1) natural gas services, including
liquids transportation and distribution services and natural gas
storage; (2) terminalling, storage and packaging services for
petroleum products and by-products; (3) sulfur and sulfur-based
products processing, manufacturing, marketing and distribution; and
(4) land and marine transportation services for petroleum products
and by-products.
Forward-Looking Statements
Statements about the Partnership's outlook and
all other statements in this release other than historical facts
are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These
forward-looking statements and all references to financial
estimates rely on a number of assumptions concerning future events
and are subject to a number of uncertainties and other factors,
many of which are outside the Partnership's control, which could
cause actual results to differ materially from such
statements. While the Partnership believes that the
assumptions concerning future events are reasonable, it cautions
that there are inherent difficulties in anticipating or predicting
certain important factors. A discussion of these factors,
including risks and uncertainties, is set forth in the
Partnership's annual and quarterly reports filed from time to time
with the Securities and Exchange Commission. The Partnership
disclaims any intention or obligation to revise any forward-looking
statements, including financial estimates, whether as a result of
new information, future events, or otherwise except where required
to do so by law.
Additional information concerning the
Partnership is available on the Partnership's website at
www.MMLP.com or by contacting:
Sharon Taylor - Head of Investor Relations(877)
256-6644
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