Martin Midstream Partners LP (MMLP): Most recent DD and reasons why we are bu...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	76
Posts	3712
Boards Moderated	0
Alias Born	10/23/2010

OilStockReport

Re: None

Monday, 04/04/2011 2:22:29 PM

Monday, April 04, 2011 2:22:29 PM

Most recent DD and reasons why we are bullish here:

Martin Midstream Partners LP (MMLP) is trading around $39.91. Martin Midstream is a limited partnership in the oil and gas sector, based in Texas. These shares have traded in a range between $25.51 to $42.64 in the last 52 weeks. The 50 day moving average is $39.66 and the 200 day moving average is $34.48. MMLP is estimated to earn about $1.44 per share in 2011. You can see the insider buying here.

What Martin Midstream insiders and other investors might be seeing: Martin pays a generous dividend of $3.04 per share which is equivalent to a yield of 7.6%. Analysts see earnings estimates for MMLP rising from $1.44 to over $1.61 in 2012, as rising energy prices boost profits.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.