Martin Midstream Partners LP (MMLP)

[Timothy Smith]

MMLP yields close to nine percent (8.8%) and has more than doubled its payouts since it became a public entity in 2003.

Analysts are projecting that the company will grow revenues at an approximate 7.5% CAGR over the next two years. I would look for distribution rate growth on a similar path over the next two years as well.

Insiders have been small but consistent purchasers of the stock over the last two years.

The company is using divestitures to reduce its exposure to natural gas gathering and processing. Martin will be able to focus more on its oil storage, sulfur services and marine transport businesses which will help to streamline the firm.