Martin 3Q Sulfur Services income up 42 percent

摘要

Kilgore, Texas—Martin Midstream Partners LP saw a 42 percent increase in operating income from its Sulfur Services segment for the third quarter ending Sept. 30, 2012, to $6.1 million on revenues of $60.6 million, versus the year-ago $4.3 million and $70.2 million, respectively. The unit, which includes both fertilizer and sulfur, saw an uptick in fertilizer volumes to 61,200 It from the year-ago 54,200 It, while sulfur volumes were off at 225,600 It from 310,200 It. Company-wide, Martin saw a whopping increase in third-quarter net income to $72.4 million on revenue of $317.9 million, versus the year-ago $5.4 million and $287.6 million, respectively.