Martin Midstream Partners L.P.
Martin Midstream Partners L.P. (NASDAQ: MMLP) is trading at $2.17, about ₹208 at today's USD/INR rate, as of 30 Sep 2026, 10:43 AM ET, down 1.36% today. Indian residents can buy Martin Midstream Partners L.P. from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$2.16
Today's high
$2.23
52 week low
$1.89
52 week high
$3.31
MMLP opened at $2.17, closed previously at $2.20, and has traded between $1.89 and $3.31 over the past 52 weeks.
About
Martin Midstream Partners L.P., established in 2002 and headquartered in Kilgore, Texas, is a diversified energy logistics company operating primarily along the U.S. Gulf Coast. Through its subsidiaries, the company specializes in the handling, processing, storage, and transport of petroleum products, by-products, and various chemicals. Its Terminalling and Storage division oversees 15 marine-based and 13 specialized terminal facilities. These sites provide essential services such as storage, refining, blending, packaging, and general handling for petroleum producers and suppliers. Additionally, this segment offers land leasing to oil and gas firms and manages the storage and transfer of lubricants and fuels. The Transportation segment maintains an extensive fleet for moving a range of materials, including petroleum, petrochemicals, and chemicals. This fleet comprises 570 tank trucks, 1,200 trailers, 29 inland marine tank barges, 14 inland push boats, and a single articulated offshore tug and barge unit. Martin Midstream's Sulfur Services segment processes molten sulfur, transforming it into prilled or pelletized forms crucial for fertilizer production and various industrial chemical applications. Finally, the Natural Gas Liquids segment focuses on the storage, distribution, and transport of NGLs. It delivers NGLs wholesale to refineries, industrial consumers, and propane retailers, supported by an impressive 2.1 million barrels of underground NGL storage capacity. Martin Midstream GP LLC serves as the general partner for the company.
Key statistics
Avg. volume
24.95K
Market cap
$84.90M
P/E Ratio
-7.69
Price-to-sales ratio
0.11
Enterprise value
$626.22M
Free cash flow yield
21.04%
Debt-to-equity ratio
-5.48
Return on equity
16.84%
ROIC
11.76%
Beta
0.47
Dividend yield
0.92%
Last dividend
$0.02
Financial overview
Revenue
$716.11M
Earnings per share
-$0.37
Free cash flow
$21.36M
Net profit margin
-1.48%
Gross margin
24.90%
EBITDA
$98.01M
Revenue growth
1.20%
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This is not an investment recommendation
How to buy Martin Midstream Partners L.P. from India
Indian residents can buy Martin Midstream Partners L.P. shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Martin Midstream Partners L.P. and place an order
Find Martin Midstream Partners L.P. by name or by its ticker, MMLP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Martin Midstream Partners L.P. trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Martin Midstream Partners L.P. position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Martin Midstream Partners L.P. from India
Trading and taxes when buying Martin Midstream Partners L.P. from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Martin Midstream Partners L.P.’s current yield is 0.92%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Martin Midstream Partners L.P. stock?
Yes. Martin Midstream Partners L.P. (MMLP) has been listed on NASDAQ since 2002, in the Oil & Gas Midstream industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Martin Midstream Partners L.P. share cost in rupees?
One Martin Midstream Partners L.P. share is $2.17 — about ₹208 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Martin Midstream Partners L.P. price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Martin Midstream Partners L.P. from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Martin Midstream Partners L.P.?
Yes. One Martin Midstream Partners L.P. share is $2.17, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Martin Midstream Partners L.P..
How are gains on Martin Midstream Partners L.P. shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Martin Midstream Partners L.P. price. Paasa issues a capital-gains statement for your return.
Does Martin Midstream Partners L.P. pay a dividend, and how is it taxed in India?
Yes. Martin Midstream Partners L.P. pays a dividend and the current yield is 0.92%; the last declared dividend was $0.02 per share, about ₹1.92. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Martin Midstream Partners L.P. from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Martin Midstream Partners L.P. shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Martin Midstream Partners L.P. shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Martin Midstream Partners L.P. holding, its cost and its closing value.
How do I sell Martin Midstream Partners L.P. and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.