<SEC-DOCUMENT>0001203717-25-000006.txt : 20250604
<SEC-HEADER>0001203717-25-000006.hdr.sgml : 20250604
<ACCEPTANCE-DATETIME>20250604162608
ACCESSION NUMBER:		0001203717-25-000006
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250604
DATE AS OF CHANGE:		20250604

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARTIN MIDSTREAM PARTNERS L.P.
		CENTRAL INDEX KEY:			0001176334
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS [5171]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				050527861
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-80397
		FILM NUMBER:		251023465

	BUSINESS ADDRESS:	
		STREET 1:		4200 STONE ROAD
		CITY:			KILGORE
		STATE:			TX
		ZIP:			75662
		BUSINESS PHONE:		9039836252

	MAIL ADDRESS:	
		STREET 1:		PO BOX 191
		CITY:			KILGORE
		STATE:			TX
		ZIP:			75663

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MARTIN MIDSTREAM PARTNERS LP
		DATE OF NAME CHANGE:	20020626

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARTIN RESOURCE MANAGEMENT CORP
		CENTRAL INDEX KEY:			0001203717
		ORGANIZATION NAME:           	
		EIN:				752789062

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		4200 STONE ROAD
		CITY:			KILGORE
		STATE:			TX
		ZIP:			75662
		BUSINESS PHONE:		9039835181

	MAIL ADDRESS:	
		STREET 1:		4200 STONE ROAD
		CITY:			KILGORE
		STATE:			TX
		ZIP:			75662
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
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  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001203717</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>9</amendmentNo>
      <securitiesClassTitle>Common Units representing limited partnership interests</securitiesClassTitle>
      <dateOfEvent>06/03/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001176334</issuerCIK>
        <issuerCUSIP>573331105</issuerCUSIP>
        <issuerName>Martin Midstream Partners L.P.</issuerName>
        <address>
          <com:street1>4200 B Stone Road</com:street1>
          <com:city>Kilgore</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>75662</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Chris Booth</personName>
          <personPhoneNum>903-983-6443</personPhoneNum>
          <personAddress>
            <com:street1>4200 B Stone Road</com:street1>
            <com:city>Kilgore</com:city>
            <com:stateOrCountry>TX</com:stateOrCountry>
            <com:zipCode>75662</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001203717</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Martin Resource Management Corp</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>WC</fundType>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>TX</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6982473.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6982473.00</sharedDispositivePower>
        <aggregateAmountOwned>6982473.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>17.9</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
        <typeOfReportingPerson>HC</typeOfReportingPerson>
        <commentContent>Based on 39,055,086 Common Units outstanding as of June 3, 2025</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001344472</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Martin Resource LLC</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>4203823.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>4203823.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>4203823.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>10.8</percentOfClass>
        <typeOfReportingPerson>HC</typeOfReportingPerson>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Based on 39,055,086 Common Units outstanding as of June 3, 2025</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001477941</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Cross Oil Refining &amp; Marketing, Inc.</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>889444.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>889444.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>889444.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>2.3</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
        <typeOfReportingPerson>HC</typeOfReportingPerson>
        <commentContent>Based on 39,055,086 Common Units outstanding as of June 3, 2025</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001203720</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Martin Product Sales LLC</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>TX</citizenshipOrOrganization>
        <soleVotingPower>1889206.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1889206.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>1889206.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>4.8</percentOfClass>
        <typeOfReportingPerson>HC</typeOfReportingPerson>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Based on 39,055,086 Common Units outstanding as of June 3, 2025</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Units representing limited partnership interests</securityTitle>
        <issuerName>Martin Midstream Partners L.P.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>4200 B Stone Road</com:street1>
          <com:city>Kilgore</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>75662</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This joint statement on Schedule 13D (this "Schedule 13D") relates to common units representing limited partner interests ("Common Units") of Martin Midstream Partners L.P., a Delaware limited partnership (the "Issuer"), beneficially owned by the reporting persons. The address of the principal executive offices of the Issuer is 4200 B Stone Road, Kilgore, Texas, 75662.

Item 1 Comment: This Schedule 13D is intended to serve as an Amendment No. 9 ("Amendment No. 9") to the joint statement on Schedule 13D filed with the Securities and Exchange Commission (the "Commission") by Martin Resource Management Corporation, a Texas corporation ("Parent"), Martin Resource LLC, a Delaware limited liability company ("Resource"), Cross Oil Refining &amp; Marketing, Inc. ("Cross"), a Delaware corporation, and Martin Product Sales LLC, a Texas limited liability company ("Martin Product," and, together with Parent, Resource, and Cross the "Reporting Persons") on November 21, 2005, as amended on November 10, 2008 ("Amendment No. 1"), November 19, 2008 ("Amendment No. 2"), October 22, 2012 ("Amendment No. 3), August 20, 2014 ("Amendment No. 4"), May 24, 2024 ("Amendment No. 5"), October 3, 2024 ("Amendment No. 6"), December 30, 2024 ("Amendment No. 7"), and May 1, 2025 ("Amendment No. 8") (such joint statement on Schedule 13D, as amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, and Amendment No. 8, the "Original Schedule 13D"). The purpose of this Amendment No. 9 is to report the acquisition of Common Units by Martin Product. Any capitalized terms used and not defined herein shall have the meanings given to such terms in the Original Schedule 13D and, except as otherwise provided below, the Original Schedule 13D is incorporated herein by reference. The Original Schedule 13D shall not be modified except as specifically provided herein.</commentText>
      </item1>
      <item2>
        <filingPersonName>In accordance with the provisions of General Instruction C to Schedule 13D, information concerning the board of directors or managing member, as applicable, of the Reporting Persons (the "Listed Persons"), required by Item 2 of Schedule 13D is provided on Exhibit 99.A and is incorporated by reference herein.</filingPersonName>
        <principalBusinessAddress>See Item 2(a) above.</principalBusinessAddress>
        <principalJob>See Item 2(a) above.</principalJob>
        <hasBeenConvicted>See Item 2(a) above.</hasBeenConvicted>
        <convictionDescription>See Item 2(a) above.</convictionDescription>
        <citizenship>See Item 2(a) above.</citizenship>
      </item2>
      <item3>
        <fundsSource>Item 3 of the Original Schedule 13D is hereby amended and supplemented as follows:

As of June 3, 2025, Martin Product has acquired 427,239 of the Issuer's Common Units at an average price of $2.99 per Common Unit since Amendment No. 8 was filed. The funds paid by Martin Product to make such purchase came from working capital and the purpose of the acquisition was for investment purposes.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>Item 4 of the Original Schedule 13D is hereby amended and supplemented as follows:

Item 3 of this Amendment No. 9 is incorporated herein by reference.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety as follows:

The information contained on the cover pages of this Amendment No. 9 and the information set forth in Item 4 of this Amendment No. 9 is incorporated herein by reference.

(a) and (b). The following disclosure is based on 39,055,086 Common Units outstanding as of June 3, 2025. See Exhibit 99.A for the information applicable to the Listed Persons.

Resource owns 4,203,823 Common Units, representing 10.8% of the outstanding Common Units of Issuer, based on the number of Common Units outstanding as of June 3, 2025. Resource has sole power to vote or direct the vote and to dispose or to direct the disposition of the Common Units owned by it.

Cross owns 889,444 Common Units, representing 2.3% of the outstanding Common Units of Issuer, based on the number of Common Units outstanding as of June 3, 2025. Cross has sole power to vote or direct the vote and to dispose or to direct the disposition of the Common Units owned by it.

Martin Product owns 1,889,206 Common Units, representing 4.8% of the outstanding Common Units of Issuer, based on the number of Common Units outstanding as of June 3, 2025. Martin Product has sole power to vote or direct the vote and to dispose or to direct the disposition of the Common Units owned by it.

Parent may be deemed to beneficially own, by virtue of its ownership of Resource, Cross and Martin Product, as described above, 6,982,473 Common Units, representing 17.9% of the outstanding Common Units of Issuer, based on the number of Common Units outstanding as of June 3, 2025. By virtue of its ownership of Resource, Cross and Martin Product, as described above, Parent may be deemed to have the power to vote or direct the vote and to dispose or to direct the disposition of the Common Units owned by Resource, Cross and Martin Product as indicated above.

The General Partner holds a 2.0% general partner interest in Issuer.</percentageOfClassSecurities>
        <numberOfShares>See Item 5(a) above.</numberOfShares>
        <transactionDesc>None of the Reporting Persons or, to the Reporting Persons' knowledge, the Listed Persons, have effected any transactions in the Common Units during the past sixty days.</transactionDesc>
        <listOfShareholders>On May 19, 2025, Mr. Tauscher acquired 22.7 Common Units from the Partnership at $3.02 per unit, reflecting the reinvestment of cash distributions pursuant to a benefit plan.

Other than as described herein, to the best knowledge of each of the Reporting Persons, none of the Reporting Persons or, to the Reporting Persons' knowledge, the Listed Persons, have not effected any transactions in the Common Units during the past sixty days.</listOfShareholders>
        <date5PercentOwnership>Not applicable</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>Item 6 of the Original Schedule 13D is hereby amended and supplemented as follows:

Item 4 of this Amendment No. 9 is incorporated herein by reference.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>Item 7 of the Original Schedule 13D is hereby amended and supplemented as follows:

Exhibit 99.A  The Listed Persons Information.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Martin Resource Management Corp</signatureReportingPerson>
        <signatureDetails>
          <signature>Martin Resource Management Corp</signature>
          <title>By: /s/ Sharon L. Taylor, Executive Vice President and Chief Financial Officer</title>
          <date>06/04/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Martin Resource LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>Martin Resource LLC</signature>
          <title>Martin Resource Management Corp, its sole member, By: /s/ Sharon L. Taylor, Executive Vice President and Chief Financial Officer</title>
          <date>06/04/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Cross Oil Refining &amp; Marketing, Inc.</signatureReportingPerson>
        <signatureDetails>
          <signature>Cross Oil Refining &amp; Marketing, Inc.</signature>
          <title>By: /s/ Sharon L. Taylor, Executive Vice President and Chief Financial Officer</title>
          <date>06/04/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Martin Product Sales LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>Martin Product Sales LLC</signature>
          <title>/s/ Sharon L. Taylor, Executive Vice President and Chief Financial Officer</title>
          <date>06/04/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

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<DOCUMENT>
<TYPE>EX-99.A
<SEQUENCE>2
<FILENAME>exhibit99a-20250605.htm
<DESCRIPTION>EX-99.A
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2025 Workiva -->
<title>Document</title></head><body><div id="i482b75122711456cac8c5c166c677ba2_1"></div><div style="min-height:72pt;width:100%"><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Exhibit 99.A</font></div></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Board of Directors of Martin Resource Management Corporation </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Ruben S. Martin III</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Address&#58; c&#47;o Martin Midstream Partners L.P., 4200 B Stone Road, Kilgore, TX 75662 </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Principal Occupation&#58; President and Chief Executive Officer of the Parent</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Citizenship&#58; USA </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Common Units Owned&#58; 159,391.87 Common Units directly&#59; 3,726,606.62 Common Units indirectly&#59; </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6,982,473 Common Units beneficially (17.9%) </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Robert D. Bondurant</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Address&#58; c&#47;o Martin Midstream Partners L.P., 4200 B Stone Road, Kilgore, TX 75662 </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Principal Occupation&#58; President and Chief Executive Officer of the Issuer</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Citizenship&#58; USA </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Common Units Owned&#58; 149,511.24 Common Units </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Randall L. Tauscher </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Address&#58; c&#47;o Martin Midstream Partners L.P., 4200 B Stone Road, Kilgore, TX 75662 </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Principal Occupation&#58; Executive Vice President and Chief Operating Officer of the Parent and the Issuer</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Citizenship&#58; USA </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Common Units Owned&#58; 118,257.72 Common Units </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Gaylord T. Hughey, Jr.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Address&#58; c&#47;o Martin Midstream Partners L.P., 4200 B Stone Road, Kilgore, TX 75662 </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Principal Occupation&#58; Attorney</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Citizenship&#58; USA </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Common Units Owned&#58; 0 Common Units</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Sole Member of Martin Resource LLC </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Martin Resource Management Corporation, a Texas corporation </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Board of Directors of Cross Oil Refining &#38; Marketing, Inc.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Robert D. Bondurant </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(see above) </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Randall L. Tauscher </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(see above) </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Sole Member of Martin Product Sales </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Martin Resource Management Corporation, a Texas corporation </font></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
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