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MMLP
Stock ticker: NASDAQ
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Capitalization
103.9M

MMLP Martin Midstream Partners LP Forecast, Technical & Fundamental Analysis

a distributer of petroleum products and by-products

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for MMLP with price predictions
07:00 PM EST Dec 05, 2023

MMLP sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for MMLP moved below the 200-day moving average on December 05, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where MMLP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

MMLP moved below its 50-day moving average on December 06, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MMLP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MMLP broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for MMLP entered a downward trend on December 04, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 30, 2023. You may want to consider a long position or call options on MMLP as a result. In of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MMLP just turned positive on November 30, 2023. Looking at past instances where MMLP's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for MMLP crossed bullishly above the 50-day moving average on December 06, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MMLP advanced for three days, in of 260 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. MMLP’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (86.841). MMLP's P/E Ratio (138.889) is considerably higher than the industry average of (16.830). MMLP's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.977). MMLP has a moderately low Dividend Yield (0.007) as compared to the industry average of (0.068). P/S Ratio (0.120) is also within normal values, averaging (2.845).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MMLP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Enterprise Products Partners LP (NASDAQ:EPD), Energy Transfer LP (NASDAQ:ET), Cheniere Energy (NASDAQ:LNG), Kinder Morgan (NASDAQ:KMI), Targa Resources Corp (NASDAQ:TRGP), Plains All American Pipeline LP (NASDAQ:PAA), Antero Midstream Corp (NASDAQ:AM), Euronav NV (NASDAQ:EURN), Plains GP Holdings LP (NASDAQ:PAGP), Scorpio Tankers (NASDAQ:STNG).

Industry description

Oil & Gas Pipelines industry includes companies that transport natural gas and crude oil through pipelines. These companies also collect and market the fuels. The pipeline segment could be considered as a midstream operation – functioning as a link between the upstream and downstream operations in the oil and gas industry. Some of the largest U.S. pipeline players include Enterprise Products Partners L.P, TC Energy Corporation and Energy Transfer, L.P.

Market Cap

The average market capitalization across the Oil & Gas Pipelines Industry is 8.67B. The market cap for tickers in the group ranges from 193.53K to 72.06B. ENB holds the highest valuation in this group at 72.06B. The lowest valued company is AGEEF at 193.53K.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Pipelines Industry was -1%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was 7%. PBNAF experienced the highest price growth at 11%, while CWPE experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Pipelines Industry was 26%. For the same stocks of the Industry, the average monthly volume growth was 34% and the average quarterly volume growth was 32%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 25
P/E Growth Rating: 67
Price Growth Rating: 50
SMR Rating: 65
Profit Risk Rating: 67
Seasonality Score: 27 (-100 ... +100)
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A.I.Advisor
published Dividends

MMLP paid dividends on November 14, 2023

Martin Midstream Partners LP MMLP Stock Dividends
А dividend of $0.00 per share was paid with a record date of November 14, 2023, and an ex-dividend date of November 06, 2023. Read more...
A.I. Advisor
published General Information

General Information

a distributer of petroleum products and by-products

Industry OilGasPipelines

Profile
Fundamentals
Details
Industry
Oil And Gas Pipelines
Address
4200 Stone Road
Phone
+1 903 983-6200
Employees
1570
Web
https://www.mmlp.com
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MMLP and

Correlation & Price change

A.I.dvisor tells us that MMLP and ETRN have been poorly correlated (+26% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MMLP and ETRN's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MMLP
1D Price
Change %
MMLP100%
-3.95%
ETRN - MMLP
26%
Poorly correlated
-2.09%
SNMP - MMLP
22%
Poorly correlated
-1.78%
OKE - MMLP
22%
Poorly correlated
-1.17%
TRGP - MMLP
22%
Poorly correlated
-2.42%
DTM - MMLP
21%
Poorly correlated
-1.38%
More

Groups containing MMLP

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MMLP
1D Price
Change %
MMLP100%
-3.95%
stores
(undefined stocks)
26%
Poorly correlated
-0.14%
Industrial Services
(undefined stocks)
24%
Poorly correlated
-0.82%
oil
(undefined stocks)
22%
Poorly correlated
-1.65%
Oil & Gas Pipelines
(undefined stocks)
22%
Poorly correlated
-1.55%
gas
(undefined stocks)
21%
Poorly correlated
-1.07%
More