Martin Midstream Partners L.P. (NASDAQ:MMLP)

CAPS Rating: 4 out of 5

Provides Terminalling & storage services for petroleum products, Natural gas gathering, processing & NGL distribution, Marine transportation for petroleum products, Sulfur gathering, processing & distribution & Fertilizer manufacturing & distribution.

Recs

1
Player Avatar AnomaLee2k9 (70.30) Submitted: 7/8/2009 7:27:49 PM : Outperform Start Price: $20.00 MMLP Score: +13.26

Discover price: $20.70

Duration: Intermediate-term

Reasoning:
Security is trading near fair value to slightly being undervalued. Overcapacity of petroleum products benefits company.
Dividend yield: > 14%
Recent insider purchase(small)
Relative strength(S&P and Industry)
Current uptrend(relative to industry)
Intermediate weakness in petroleum prices

Disclosure: Used to own in real life for dividend. Sold many moons ago to pursue chasing capital appreciation in other equities.

Featured Broker Partners


Advertisement