Martin Midstream Partners L.P. Reports Net Loss of $5.1 Million in Q1 2023
Q1 2023 Revenue at $244.5 Million for Martin Midstream Partners L.P.
By USInMinutes
Published - Jul 21, 2023, 02:56 PM ET
Last Updated - Jul 21, 2023, 02:56 PM EDT
Martin Midstream Partners L.P. ( MMLP), a leading energy logistics company, ha s released its financial statements for the first quarter ended March 31, 2023. The company's consolidated and condensed balance sheets show total assets of $542.9 million as of March 31, 2023, compared to $598.9 million as of December 31, 2022. Meanwhile, its liabilities and partners' capital (deficit) amounted to $607.6 million and ($64.7) million, respectively.
Net Income/Los
During the first quarter of 2023, Martin Midstream Partners L.P. reported a net loss of $5.1 million. This is a notable decrease compared to the same period in 2022, which saw the company achieve a net income of $11.5 million.
Revenue