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Press Release: Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction

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Issues Statement Reaffirming Commitment to Pending Transaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2477354020","media":"Dow Jones","summary":"Martin Midstream Partners L.P.   today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital:. The transaction provides an attractive premium valuation to MMLP unitholders, whereby each holder of the common units other than MRMC and its subsidiaries would receive $4.02 per common unit owned, representing a 34.00% premium to the market closing price prior to MRMC's initial proposal made on May 24, 2024, and an 11.33% premium to the trailing 30-trading day volume-weighted average price as of October 3, 2024, the date the merger agreement was executed.We look forward to engaging with unitholders as we work toward completing the transaction by the end of 2024.This press release includes \"forward-looking statements\" as defined by the Securities and Exchange Commission . These forward-looking statements and all references to the transaction described herein rely on a number of assumptions concerning future events and are sub","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  <a href=\"https://laohu8.com/S/MMLP\">Martin Midstream Partners L.P.</a> Issues Statement Reaffirming Commitment to Pending Transaction \n</p>\n<pre>\nKILGORE, Texas--(BUSINESS WIRE)--October 22, 2024-- \n</pre>\n<p>\n     Martin Midstream Partners L.P. (NASDAQ:MMLP) (\"MMLP\") today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital: \n</p>\n<p>\n     The Conflicts Committee (the \"Conflicts Committee\") of the Board of Directors (the \"GP Board\") of Martin Midstream GP LLC, the general partner of MMLP (the \"General Partner\"), which consists of three independent directors, conducted a thorough nine-month evaluation with the support of independent legal and financial advisors and was diligent about the best path forward for MMLP, including actively considering proposals submitted by Nut Tree Capital Management and Caspian Capital. Following extensive negotiations, the Conflicts Committee unanimously and in good faith determined that the merger transaction with Martin Resource Management Corporation (\"MRMC\") is fair and reasonable to, and in the best interests of, MMLP and the unaffiliated holders of the MMLP common units. \n</p>\n<p>\n     The transaction provides an attractive premium valuation to MMLP unitholders, whereby each holder of the common units other than MRMC and its subsidiaries would receive $4.02 per common unit owned, representing a 34.00% premium to the market closing price prior to MRMC's initial proposal made on May 24, 2024, and an 11.33% premium to the trailing 30-trading day volume-weighted average price as of October 3, 2024, the date the merger agreement was executed. \n</p>\n<p>\n     Notably, the proposals submitted by Nut Tree and Caspian never represented a credible alternative or viable path forward. Further, the Nut Tree and Caspian proposals were predicated on acquiring the General Partner, which was not, and is not, for sale. Importantly, even their own press release noted that the hedge funds have \"economic exposure\" to MMLP common units, without disclosing any actual ownership. As debt investors in MMLP, with incremental derivative exposure to MMLP equity, Nut Tree's and Caspian's interests do not appear to be fully aligned with MMLP unitholders'. \n</p>\n<p>\n     We look forward to engaging with unitholders as we work toward completing the transaction by the end of 2024. \n</p>\n<p>\n     The Conflicts Committee engaged Munsch Hardt Kopf &amp; Harr, P.C., Potter Anderson &amp; Corroon LLP, and Houlihan Lokey, Inc. as its legal and financial advisors. MRMC engaged Baker Botts L.L.P. and Wells Fargo Securities, LLC as its legal and financial advisors. \n</p>\n<p>\n     Forward Looking Statements \n</p>\n<p>\n     This press release includes \"forward-looking statements\" as defined by the Securities and Exchange Commission (the \"SEC\"). These forward-looking statements and all references to the transaction described herein rely on a number of assumptions concerning future events and are subject to a number of uncertainties, including (i) the ability of the parties to consummate the transaction in the anticipated timeframe or at all, including MRMC's ability to fund the aggregate merger consideration; risks related to the satisfaction or waiver of the conditions to closing the transaction in the anticipated timeframe or at all; risks related to obtaining the requisite regulatory approval and MMLP unitholder approval; disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs associated with the transaction; and the risk of litigation and/or regulatory actions related to the transaction, (ii) uncertainties relating to MMLP's future cash flows and operations, (iii) MMLP's ability to pay future distributions, (iv) future market conditions, (v) current and future governmental regulation, (vi) future taxation, and (vii) other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While MMLP believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in MMLP's annual and quarterly reports filed from time to time with the SEC. MMLP disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise except where required to do so by law. \n</p>\n<p>\n     About MMLP \n</p>\n<p>\n     Martin Midstream Partners L.P. (NASDAQ: MMLP) headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP's primary business lines include: (1) terminalling, processing, and storage services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and (4) marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease. To learn more, visit www.MMLP.com . Follow Martin Midstream Partners L.P. on LinkedIn, Facebook, and X (formerly known as Twitter). \n</p>\n<p>\n     About MRMC \n</p>\n<p>\n     MRMC, through its various subsidiaries, is an independent provider of marketing and distribution of hydrocarbon and hydrocarbon by-products including asphalt, diesel, natural gas liquids (\"NGLs\"), crude oil, base and process oils, and other bulk tank liquids. Martin Resource LLC is a wholly owned subsidiary of MRMC that does not engage in any business other than owning 100% of the equity interests in the General Partner. Cross Oil Refining &amp; Marketing, Inc. is a wholly owned subsidiary of MRMC and is engaged in the business of providing base and process oils. Martin Product Sales LLC is a wholly owned subsidiary of MRMC and is engaged in the business of marketing and distributing commodities including asphalt, NGLs, and other petroleum based products. \n</p>\n<p>\n     Important Information about the Proposed Transaction \n</p>\n<p>\n     This material does not constitute an offer to sell or the solicitation of an offer to buy any securities, including the common units or a solicitation of any vote or approval. In connection with the proposed merger, MMLP will file with the SEC and furnish to MMLP's unitholders a proxy statement and other relevant documents, including a Schedule 13E-3. This material is not a substitute for the Merger Agreement, the proxy statement or the Schedule 13E-3 or for any other document that MMLP may file with the SEC in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION, MMLP'S UNITHOLDERS ARE URGED TO READ THE MERGER AGREEMENT, THE PROXY STATEMENT AND THE SCHEDULE 13E-3 AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT OR SCHEDULE 13E-3 CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. \n</p>\n<p>\n     Investors and security holders will be able to obtain free copies of the proxy statement (when available) and other relevant documents filed with the SEC by MMLP through the website maintained by the SEC at www.sec.gov . In addition, the proxy statement, the Schedule 13E-3, and other documents filed with the SEC by MMLP will be available free of charge through MMLP's website at www.MMLP.com , in the \"Investor Relations\" tab, or by contacting MMLP's Investor Relations Department at (877) 256-6644. \n</p>\n<p>\n     Participants in the Solicitation \n</p>\n<p>\n     MMLP and the directors and executive officers of our General Partner, and MRMC and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from MMLP's unitholders in respect of the proposed merger. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the unitholders of MMLP in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other relevant materials when filed with the SEC. Information about the directors and executive officers of our General Partner and their ownership of MMLP common units is set forth in MMLP's Form 10-K for the year ended December 31, 2023, as previously filed with the SEC on February 21, 2024. Free copies of these documents may be obtained as described in the paragraphs above. \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241022112756/en/ \n</p>\n<pre>\n \n    CONTACT:    Investor Relations Contact: \n</pre>\n<p>\n     Sharon Taylor \n</p>\n<p>\n     Executive Vice President and Chief Financial Officer \n</p>\n<p>\n     (877) 256-6644 \n</p>\n<p>\n     ir@mmlp.com \n</p>\n<p>\n     Media Contact: \n</p>\n<p>\n     Andrew Siegel / Melissa Johnson / Jenna Shinderman \n</p>\n<p>\n     Joele Frank \n</p>\n<p>\n     212.355.4449 \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 22, 2024 11:49 ET (15:49 GMT)\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-22 23:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  <a href=\"https://laohu8.com/S/MMLP\">Martin Midstream Partners L.P.</a> Issues Statement Reaffirming Commitment to Pending Transaction \n</p>\n<pre>\nKILGORE, Texas--(BUSINESS WIRE)--October 22, 2024-- \n</pre>\n<p>\n     Martin Midstream Partners L.P. (NASDAQ:MMLP) (\"MMLP\") today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital: \n</p>\n<p>\n     The Conflicts Committee (the \"Conflicts Committee\") of the Board of Directors (the \"GP Board\") of Martin Midstream GP LLC, the general partner of MMLP (the \"General Partner\"), which consists of three independent directors, conducted a thorough nine-month evaluation with the support of independent legal and financial advisors and was diligent about the best path forward for MMLP, including actively considering proposals submitted by Nut Tree Capital Management and Caspian Capital. Following extensive negotiations, the Conflicts Committee unanimously and in good faith determined that the merger transaction with Martin Resource Management Corporation (\"MRMC\") is fair and reasonable to, and in the best interests of, MMLP and the unaffiliated holders of the MMLP common units. \n</p>\n<p>\n     The transaction provides an attractive premium valuation to MMLP unitholders, whereby each holder of the common units other than MRMC and its subsidiaries would receive $4.02 per common unit owned, representing a 34.00% premium to the market closing price prior to MRMC's initial proposal made on May 24, 2024, and an 11.33% premium to the trailing 30-trading day volume-weighted average price as of October 3, 2024, the date the merger agreement was executed. \n</p>\n<p>\n     Notably, the proposals submitted by Nut Tree and Caspian never represented a credible alternative or viable path forward. Further, the Nut Tree and Caspian proposals were predicated on acquiring the General Partner, which was not, and is not, for sale. Importantly, even their own press release noted that the hedge funds have \"economic exposure\" to MMLP common units, without disclosing any actual ownership. As debt investors in MMLP, with incremental derivative exposure to MMLP equity, Nut Tree's and Caspian's interests do not appear to be fully aligned with MMLP unitholders'. \n</p>\n<p>\n     We look forward to engaging with unitholders as we work toward completing the transaction by the end of 2024. \n</p>\n<p>\n     The Conflicts Committee engaged Munsch Hardt Kopf &amp; Harr, P.C., Potter Anderson &amp; Corroon LLP, and Houlihan Lokey, Inc. as its legal and financial advisors. MRMC engaged Baker Botts L.L.P. and Wells Fargo Securities, LLC as its legal and financial advisors. \n</p>\n<p>\n     Forward Looking Statements \n</p>\n<p>\n     This press release includes \"forward-looking statements\" as defined by the Securities and Exchange Commission (the \"SEC\"). These forward-looking statements and all references to the transaction described herein rely on a number of assumptions concerning future events and are subject to a number of uncertainties, including (i) the ability of the parties to consummate the transaction in the anticipated timeframe or at all, including MRMC's ability to fund the aggregate merger consideration; risks related to the satisfaction or waiver of the conditions to closing the transaction in the anticipated timeframe or at all; risks related to obtaining the requisite regulatory approval and MMLP unitholder approval; disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs associated with the transaction; and the risk of litigation and/or regulatory actions related to the transaction, (ii) uncertainties relating to MMLP's future cash flows and operations, (iii) MMLP's ability to pay future distributions, (iv) future market conditions, (v) current and future governmental regulation, (vi) future taxation, and (vii) other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While MMLP believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in MMLP's annual and quarterly reports filed from time to time with the SEC. MMLP disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise except where required to do so by law. \n</p>\n<p>\n     About MMLP \n</p>\n<p>\n     Martin Midstream Partners L.P. (NASDAQ: MMLP) headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP's primary business lines include: (1) terminalling, processing, and storage services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and (4) marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease. To learn more, visit www.MMLP.com . Follow Martin Midstream Partners L.P. on LinkedIn, Facebook, and X (formerly known as Twitter). \n</p>\n<p>\n     About MRMC \n</p>\n<p>\n     MRMC, through its various subsidiaries, is an independent provider of marketing and distribution of hydrocarbon and hydrocarbon by-products including asphalt, diesel, natural gas liquids (\"NGLs\"), crude oil, base and process oils, and other bulk tank liquids. Martin Resource LLC is a wholly owned subsidiary of MRMC that does not engage in any business other than owning 100% of the equity interests in the General Partner. Cross Oil Refining &amp; Marketing, Inc. is a wholly owned subsidiary of MRMC and is engaged in the business of providing base and process oils. Martin Product Sales LLC is a wholly owned subsidiary of MRMC and is engaged in the business of marketing and distributing commodities including asphalt, NGLs, and other petroleum based products. \n</p>\n<p>\n     Important Information about the Proposed Transaction \n</p>\n<p>\n     This material does not constitute an offer to sell or the solicitation of an offer to buy any securities, including the common units or a solicitation of any vote or approval. In connection with the proposed merger, MMLP will file with the SEC and furnish to MMLP's unitholders a proxy statement and other relevant documents, including a Schedule 13E-3. This material is not a substitute for the Merger Agreement, the proxy statement or the Schedule 13E-3 or for any other document that MMLP may file with the SEC in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION, MMLP'S UNITHOLDERS ARE URGED TO READ THE MERGER AGREEMENT, THE PROXY STATEMENT AND THE SCHEDULE 13E-3 AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT OR SCHEDULE 13E-3 CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. \n</p>\n<p>\n     Investors and security holders will be able to obtain free copies of the proxy statement (when available) and other relevant documents filed with the SEC by MMLP through the website maintained by the SEC at www.sec.gov . In addition, the proxy statement, the Schedule 13E-3, and other documents filed with the SEC by MMLP will be available free of charge through MMLP's website at www.MMLP.com , in the \"Investor Relations\" tab, or by contacting MMLP's Investor Relations Department at (877) 256-6644. \n</p>\n<p>\n     Participants in the Solicitation \n</p>\n<p>\n     MMLP and the directors and executive officers of our General Partner, and MRMC and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from MMLP's unitholders in respect of the proposed merger. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the unitholders of MMLP in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other relevant materials when filed with the SEC. Information about the directors and executive officers of our General Partner and their ownership of MMLP common units is set forth in MMLP's Form 10-K for the year ended December 31, 2023, as previously filed with the SEC on February 21, 2024. Free copies of these documents may be obtained as described in the paragraphs above. \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241022112756/en/ \n</p>\n<pre>\n \n    CONTACT:    Investor Relations Contact: \n</pre>\n<p>\n     Sharon Taylor \n</p>\n<p>\n     Executive Vice President and Chief Financial Officer \n</p>\n<p>\n     (877) 256-6644 \n</p>\n<p>\n     ir@mmlp.com \n</p>\n<p>\n     Media Contact: \n</p>\n<p>\n     Andrew Siegel / Melissa Johnson / Jenna Shinderman \n</p>\n<p>\n     Joele Frank \n</p>\n<p>\n     212.355.4449 \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 22, 2024 11:49 ET (15:49 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4144":"石油与天然气的储存和运输","MMLP":"Martin Midstream Partners L.P.","WRD":"文远知行","BK4590":"PTP"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2477354020","content_text":"Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction \n\n\nKILGORE, Texas--(BUSINESS WIRE)--October 22, 2024-- \n\n\n     Martin Midstream Partners L.P. (NASDAQ:MMLP) (\"MMLP\") today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital: \n\n\n     The Conflicts Committee (the \"Conflicts Committee\") of the Board of Directors (the \"GP Board\") of Martin Midstream GP LLC, the general partner of MMLP (the \"General Partner\"), which consists of three independent directors, conducted a thorough nine-month evaluation with the support of independent legal and financial advisors and was diligent about the best path forward for MMLP, including actively considering proposals submitted by Nut Tree Capital Management and Caspian Capital. Following extensive negotiations, the Conflicts Committee unanimously and in good faith determined that the merger transaction with Martin Resource Management Corporation (\"MRMC\") is fair and reasonable to, and in the best interests of, MMLP and the unaffiliated holders of the MMLP common units. \n\n\n     The transaction provides an attractive premium valuation to MMLP unitholders, whereby each holder of the common units other than MRMC and its subsidiaries would receive $4.02 per common unit owned, representing a 34.00% premium to the market closing price prior to MRMC's initial proposal made on May 24, 2024, and an 11.33% premium to the trailing 30-trading day volume-weighted average price as of October 3, 2024, the date the merger agreement was executed. \n\n\n     Notably, the proposals submitted by Nut Tree and Caspian never represented a credible alternative or viable path forward. Further, the Nut Tree and Caspian proposals were predicated on acquiring the General Partner, which was not, and is not, for sale. Importantly, even their own press release noted that the hedge funds have \"economic exposure\" to MMLP common units, without disclosing any actual ownership. As debt investors in MMLP, with incremental derivative exposure to MMLP equity, Nut Tree's and Caspian's interests do not appear to be fully aligned with MMLP unitholders'. \n\n\n     We look forward to engaging with unitholders as we work toward completing the transaction by the end of 2024. \n\n\n     The Conflicts Committee engaged Munsch Hardt Kopf & Harr, P.C., Potter Anderson & Corroon LLP, and Houlihan Lokey, Inc. as its legal and financial advisors. MRMC engaged Baker Botts L.L.P. and Wells Fargo Securities, LLC as its legal and financial advisors. \n\n\n     Forward Looking Statements \n\n\n     This press release includes \"forward-looking statements\" as defined by the Securities and Exchange Commission (the \"SEC\"). These forward-looking statements and all references to the transaction described herein rely on a number of assumptions concerning future events and are subject to a number of uncertainties, including (i) the ability of the parties to consummate the transaction in the anticipated timeframe or at all, including MRMC's ability to fund the aggregate merger consideration; risks related to the satisfaction or waiver of the conditions to closing the transaction in the anticipated timeframe or at all; risks related to obtaining the requisite regulatory approval and MMLP unitholder approval; disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs associated with the transaction; and the risk of litigation and/or regulatory actions related to the transaction, (ii) uncertainties relating to MMLP's future cash flows and operations, (iii) MMLP's ability to pay future distributions, (iv) future market conditions, (v) current and future governmental regulation, (vi) future taxation, and (vii) other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While MMLP believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in MMLP's annual and quarterly reports filed from time to time with the SEC. MMLP disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise except where required to do so by law. \n\n\n     About MMLP \n\n\n     Martin Midstream Partners L.P. (NASDAQ: MMLP) headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP's primary business lines include: (1) terminalling, processing, and storage services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and (4) marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease. To learn more, visit www.MMLP.com . Follow Martin Midstream Partners L.P. on LinkedIn, Facebook, and X (formerly known as Twitter). \n\n\n     About MRMC \n\n\n     MRMC, through its various subsidiaries, is an independent provider of marketing and distribution of hydrocarbon and hydrocarbon by-products including asphalt, diesel, natural gas liquids (\"NGLs\"), crude oil, base and process oils, and other bulk tank liquids. Martin Resource LLC is a wholly owned subsidiary of MRMC that does not engage in any business other than owning 100% of the equity interests in the General Partner. Cross Oil Refining & Marketing, Inc. is a wholly owned subsidiary of MRMC and is engaged in the business of providing base and process oils. Martin Product Sales LLC is a wholly owned subsidiary of MRMC and is engaged in the business of marketing and distributing commodities including asphalt, NGLs, and other petroleum based products. \n\n\n     Important Information about the Proposed Transaction \n\n\n     This material does not constitute an offer to sell or the solicitation of an offer to buy any securities, including the common units or a solicitation of any vote or approval. In connection with the proposed merger, MMLP will file with the SEC and furnish to MMLP's unitholders a proxy statement and other relevant documents, including a Schedule 13E-3. This material is not a substitute for the Merger Agreement, the proxy statement or the Schedule 13E-3 or for any other document that MMLP may file with the SEC in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION, MMLP'S UNITHOLDERS ARE URGED TO READ THE MERGER AGREEMENT, THE PROXY STATEMENT AND THE SCHEDULE 13E-3 AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT OR SCHEDULE 13E-3 CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. \n\n\n     Investors and security holders will be able to obtain free copies of the proxy statement (when available) and other relevant documents filed with the SEC by MMLP through the website maintained by the SEC at www.sec.gov . In addition, the proxy statement, the Schedule 13E-3, and other documents filed with the SEC by MMLP will be available free of charge through MMLP's website at www.MMLP.com , in the \"Investor Relations\" tab, or by contacting MMLP's Investor Relations Department at (877) 256-6644. \n\n\n     Participants in the Solicitation \n\n\n     MMLP and the directors and executive officers of our General Partner, and MRMC and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from MMLP's unitholders in respect of the proposed merger. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the unitholders of MMLP in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other relevant materials when filed with the SEC. Information about the directors and executive officers of our General Partner and their ownership of MMLP common units is set forth in MMLP's Form 10-K for the year ended December 31, 2023, as previously filed with the SEC on February 21, 2024. Free copies of these documents may be obtained as described in the paragraphs above. \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241022112756/en/ \n\n\n \n    CONTACT:    Investor Relations Contact: \n\n\n     Sharon Taylor \n\n\n     Executive Vice President and Chief Financial Officer \n\n\n     (877) 256-6644 \n\n\n     ir@mmlp.com \n\n\n     Media Contact: \n\n\n     Andrew Siegel / Melissa Johnson / Jenna Shinderman \n\n\n     Joele Frank \n\n\n     212.355.4449 \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 22, 2024 11:49 ET (15:49 GMT)","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355994548306304,"gmtCreate":1727922206704,"gmtModify":1727924517308,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FOR.AU\">$FORAGER AUSTRALIAN SHARES FD(FOR.AU)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/FOR.AU\">$FORAGER AUSTRALIAN SHARES FD(FOR.AU)$ </a>&nbsp;","text":"$FORAGER AUSTRALIAN SHARES FD(FOR.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355994548306304","isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355422110642256,"gmtCreate":1727782551934,"gmtModify":1727782554013,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/APXTU\">$Apex Technology Acquisition Corp Unit(APXTU)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/APXTU\">$Apex Technology Acquisition Corp Unit(APXTU)$ </a>&nbsp;","text":"$Apex Technology Acquisition Corp Unit(APXTU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355422110642256","isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355136061825416,"gmtCreate":1727705226974,"gmtModify":1727777331622,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"title":"Help Center - Tiger Brokers","htmlText":"<a href=\"https://ttm.financial/S/OPTT\">$Ocean Power(OPTT)$ </a> &nbsp; <a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v> &nbsp; Tiger Brokers is a company listed on NASDAQ. With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. Investors can easily open accounts online with Tiger Brokers.","listText":"<a href=\"https://ttm.financial/S/OPTT\">$Ocean Power(OPTT)$ </a> &nbsp; <a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v> &nbsp; Tiger Brokers is a company listed on NASDAQ. With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. Investors can easily open accounts online with Tiger Brokers.","text":"$Ocean Power(OPTT)$ $Meta Platforms, Inc.(META)$ Tiger Brokers is a company listed on NASDAQ. With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. Investors can easily open accounts online with Tiger Brokers.","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/355136061825416","isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":354927735193664,"gmtCreate":1727661752444,"gmtModify":1727661756150,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/APXTU\">$Apex Technology Acquisition Corp Unit(APXTU)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/APXTU\">$Apex Technology Acquisition Corp Unit(APXTU)$ </a>&nbsp;","text":"$Apex Technology Acquisition Corp Unit(APXTU)$","images":[{"img":"https://community-static.tradeup.com/news/d14264ef862eca5178468a5115a1f6bd","width":"1080","height":"2060"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354927735193664","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":301743194710080,"gmtCreate":1714687295274,"gmtModify":1714687298697,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301743194710080","repostId":"2432956495","repostType":2,"repost":{"id":"2432956495","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1714681871,"share":"https://ttm.financial/m/news/2432956495?lang=&edition=fundamental","pubTime":"2024-05-03 04:31","market":"hk","language":"en","title":"Apple Q2 2024 Wearable Sales $7.91B","url":"https://stock-news.laohu8.com/highlight/detail?id=2432956495","media":"Benzinga","summary":"Apple Q2 2024 Wearable Sales $7.91B","content":"<html><body><p>Apple Q2 2024 Wearable Sales $7.91B</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Q2 2024 Wearable Sales $7.91B</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ 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}\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Q2 2024 Wearable Sales $7.91B\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-05-03 04:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Apple Q2 2024 Wearable Sales $7.91B</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.benzinga.com/news/earnings/24/05/38598830/apple-q2-2024-wearable-sales-7-91b","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432956495","content_text":"Apple Q2 2024 Wearable Sales 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Chase(JPM)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/296118948692208","repostId":"2427832125","repostType":2,"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":295933191385288,"gmtCreate":1713279270081,"gmtModify":1713279566948,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"title":"An Invitation Letter from Tiger Brokers","htmlText":"Find out more here:<a href=\"https://tigr.link/7a4hHH\">An Invitation Letter from Tiger Brokers</a> <a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a>&nbsp; I have won a lot of awards in Tiger Brokers, come and see what rewards you have! <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a>45000000 <a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a>&nbsp;","listText":"Find out more here:<a href=\"https://tigr.link/7a4hHH\">An Invitation Letter from Tiger Brokers</a> <a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a>&nbsp; I have won a lot of awards in Tiger Brokers, come and see what rewards you have! <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a>45000000 <a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a>&nbsp;","text":"Find out more here:An Invitation Letter from Tiger Brokers $XIAOMI-W(01810)$ I have won a lot of awards in Tiger Brokers, come and see what rewards you have! $SPDR S&P 500 ETF Trust(SPY)$ 45000000 $XIAOMI-W(01810)$ $XIAOMI-W(01810)$","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/295933191385288","isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":295900851736776,"gmtCreate":1713271374659,"gmtModify":1713271378174,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/JPM\">$JPMorgan Chase(JPM)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> <v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/JPM\">$JPMorgan Chase(JPM)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> <v-v data-views=\"1\"></v-v>&nbsp;","text":"$JPMorgan Chase(JPM)$ $XIAOMI-W(01810)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/295900851736776","repostId":"2421981140","repostType":2,"repost":{"id":"2421981140","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1711010443,"share":"https://ttm.financial/m/news/2421981140?lang=&edition=fundamental","pubTime":"2024-03-21 16:40","market":"sh","language":"en","title":"BRIEF-CNOOC Posts FY Revenue RMB416,609 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2421981140","media":"Reuters","summary":"March 21  - CNOOC Ltd   :   * FY REVENUE RMB416,609 MILLION VERSUS RMB 422,230 MILLION   * FINAL DIVIDEND OF HK$0.66 PER SHARE   * FY OIL AND GAS SALES RMB327,867 MILLION   * IN 2023, NET PRODUCTION OF OIL AND GAS REACHED 678 MILLION BOE   * FOR FULL YEAR,  CAPITAL EXPENDITURE IS EXPECTED TO BE RMB125-135 BILLION   * LOOKING AHEAD TO 2024 GLOBAL ECONOMIC GROWTH IS EXPECTED TO MAINTAIN MUTED GROWTH   * FOR FULL YEAR,  PRODUCTION IS TARGETED AT 700-720 MILLION BOE   * CHINA'S ECONOMY REMAINS ON A LONG-TERM UPWARD TREND   * IN 2024, WE WILL INSIST ON INCREASING OIL AND GAS RESERVES AND PRODUCTION   * OIL AND GAS WILL CONTINUE TO PLAY A SIGNIFICANT PART IN THE STRUCTURE OF THE WORLD’S ENERGY DEMAND FOR A LONG TIME   * ONGOING RECOVERY AND POSITIVE TRAJECTORY OF CHINA'S ECONOMY SUPPORTS DEMAND FOR OIL AND GAS   * BY 2025, EXPECTED PERCENTAGE OF NATURAL GAS GROSS PRODUCTION IN CO'S GROSS OUTPUT WILL BE FURTHER IMPROVED   * OFFSHORE OIL AND  GAS SERVES AS A SIGNIFICANT GROWTH DRIVER FOR OIL A","content":"<html><body><p>March 21 (Reuters) - CNOOC Ltd   :</p><p>   * FY REVENUE RMB416,609 MILLION VERSUS RMB 422,230 MILLION</p><p>   * FINAL DIVIDEND OF HK$0.66 PER SHARE</p><p>   * FY OIL AND GAS SALES RMB327,867 MILLION</p><p>   * IN 2023, NET PRODUCTION OF OIL AND GAS REACHED 678 MILLION BOE</p><p>   * FOR FULL YEAR,  CAPITAL EXPENDITURE IS EXPECTED TO BE RMB125-135 BILLION</p><p>   * LOOKING AHEAD TO 2024 GLOBAL ECONOMIC GROWTH IS EXPECTED TO MAINTAIN MUTED GROWTH</p><p>   * FOR FULL YEAR,  PRODUCTION IS TARGETED AT 700-720 MILLION BOE</p><p>   * CHINA'S ECONOMY REMAINS ON A LONG-TERM UPWARD TREND</p><p>   * IN 2024, WE WILL INSIST ON INCREASING OIL AND GAS RESERVES AND PRODUCTION</p><p>   * OIL AND GAS WILL CONTINUE TO PLAY A SIGNIFICANT PART IN THE STRUCTURE OF THE WORLD’S ENERGY DEMAND FOR A LONG TIME</p><p>   * ONGOING RECOVERY AND POSITIVE TRAJECTORY OF CHINA'S ECONOMY SUPPORTS DEMAND FOR OIL AND GAS</p><p>   * BY 2025, EXPECTED PERCENTAGE OF NATURAL GAS GROSS PRODUCTION IN CO'S GROSS OUTPUT WILL BE FURTHER IMPROVED</p><p>   * OFFSHORE OIL AND  GAS SERVES AS A SIGNIFICANT GROWTH DRIVER FOR OIL AND GAS PRODUCTION IN CHINA</p><p>   * IN 2023, ALL-IN COST AT US$28.83 PER BOE</p><p>Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-CNOOC Posts FY Revenue RMB416,609 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-CNOOC Posts FY Revenue RMB416,609 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-03-21 16:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>March 21 (Reuters) - CNOOC Ltd   :</p><p>   * FY REVENUE RMB416,609 MILLION VERSUS RMB 422,230 MILLION</p><p>   * FINAL DIVIDEND OF HK$0.66 PER SHARE</p><p>   * FY OIL AND GAS SALES RMB327,867 MILLION</p><p>   * IN 2023, NET PRODUCTION OF OIL AND GAS REACHED 678 MILLION BOE</p><p>   * FOR FULL YEAR,  CAPITAL EXPENDITURE IS EXPECTED TO BE RMB125-135 BILLION</p><p>   * LOOKING AHEAD TO 2024 GLOBAL ECONOMIC GROWTH IS EXPECTED TO MAINTAIN MUTED GROWTH</p><p>   * FOR FULL YEAR,  PRODUCTION IS TARGETED AT 700-720 MILLION BOE</p><p>   * CHINA'S ECONOMY REMAINS ON A LONG-TERM UPWARD TREND</p><p>   * IN 2024, WE WILL INSIST ON INCREASING OIL AND GAS RESERVES AND PRODUCTION</p><p>   * OIL AND GAS WILL CONTINUE TO PLAY A SIGNIFICANT PART IN THE STRUCTURE OF THE WORLD’S ENERGY DEMAND FOR A LONG TIME</p><p>   * ONGOING RECOVERY AND POSITIVE TRAJECTORY OF CHINA'S ECONOMY SUPPORTS DEMAND FOR OIL AND GAS</p><p>   * BY 2025, EXPECTED PERCENTAGE OF NATURAL GAS GROSS PRODUCTION IN CO'S GROSS OUTPUT WILL BE FURTHER IMPROVED</p><p>   * OFFSHORE OIL AND  GAS SERVES AS A SIGNIFICANT GROWTH DRIVER FOR OIL AND GAS PRODUCTION IN CHINA</p><p>   * IN 2023, ALL-IN COST AT US$28.83 PER BOE</p><p>Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00883":"中国海洋石油"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2421981140","content_text":"March 21 (Reuters) - CNOOC Ltd   :   * FY REVENUE RMB416,609 MILLION VERSUS RMB 422,230 MILLION   * FINAL DIVIDEND OF HK$0.66 PER SHARE   * FY OIL AND GAS SALES RMB327,867 MILLION   * IN 2023, NET PRODUCTION OF OIL AND GAS REACHED 678 MILLION BOE   * FOR FULL YEAR,  CAPITAL EXPENDITURE IS EXPECTED TO BE RMB125-135 BILLION   * LOOKING AHEAD TO 2024 GLOBAL ECONOMIC GROWTH IS EXPECTED TO MAINTAIN MUTED GROWTH   * FOR FULL YEAR,  PRODUCTION IS TARGETED AT 700-720 MILLION BOE   * CHINA'S ECONOMY REMAINS ON A LONG-TERM UPWARD TREND   * IN 2024, WE WILL INSIST ON INCREASING OIL AND GAS RESERVES AND PRODUCTION   * OIL AND GAS WILL CONTINUE TO PLAY A SIGNIFICANT PART IN THE STRUCTURE OF THE WORLD’S ENERGY DEMAND FOR A LONG TIME   * ONGOING RECOVERY AND POSITIVE TRAJECTORY OF CHINA'S ECONOMY SUPPORTS DEMAND FOR OIL AND GAS   * BY 2025, EXPECTED PERCENTAGE OF NATURAL GAS GROSS PRODUCTION IN CO'S GROSS OUTPUT WILL BE FURTHER IMPROVED   * OFFSHORE OIL AND  GAS SERVES AS A SIGNIFICANT GROWTH DRIVER FOR OIL AND GAS PRODUCTION IN CHINA   * IN 2023, ALL-IN COST AT US$28.83 PER BOEFurther company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":294121278804152,"gmtCreate":1712829959015,"gmtModify":1712892943953,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"title":"An Invitation Letter from Tiger Brokers","htmlText":"Find out more here:<a href=\"https://tigr.link/7a4hHH\">An Invitation Letter from Tiger Brokers</a> <a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a>&nbsp; <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a>45000000","listText":"Find out more here:<a href=\"https://tigr.link/7a4hHH\">An Invitation Letter from Tiger Brokers</a> <a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a>&nbsp; <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a>45000000","text":"Find out more here:An Invitation Letter from Tiger Brokers $XIAOMI-W(01810)$ $SPDR S&P 500 ETF Trust(SPY)$ 45000000","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":8,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/294121278804152","isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":293427162615968,"gmtCreate":1712657009386,"gmtModify":1712657013878,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$ </a>&nbsp;<a href=\"https://ttm.financial/S/INTU\">$Intuit(INTU)$ </a>10000<a href=\"https://ttm.financial/S/PSX\">$Phillips 66(PSX)$ </a>&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$ </a>&nbsp;<a href=\"https://ttm.financial/S/INTU\">$Intuit(INTU)$ </a>10000<a href=\"https://ttm.financial/S/PSX\">$Phillips 66(PSX)$ </a>&nbsp;&nbsp;","text":"$XIAOMI-W(01810)$ $Intuit(INTU)$ 10000$Phillips 66(PSX)$","images":[{"img":"https://community-static.tradeup.com/news/ae57177722b813620c924ee2343781dc","width":"894","height":"1508"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/293427162615968","isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":291581502820536,"gmtCreate":1712212936834,"gmtModify":1712216210583,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XAO.AU\">$S&amp;P/ASX ALL ORDINARIES(XAO.AU)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/XAO.AU\">$S&amp;P/ASX ALL ORDINARIES(XAO.AU)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;","text":"$S&P/ASX ALL ORDINARIES(XAO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291581502820536","isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291020724621520,"gmtCreate":1712075899178,"gmtModify":1712077257623,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00883\">$CNOOC(00883)$ </a> 5000","listText":"<a href=\"https://ttm.financial/S/00883\">$CNOOC(00883)$ </a> 5000","text":"$CNOOC(00883)$ 5000","images":[{"img":"https://community-static.tradeup.com/news/712f2f67eaa5d7c7fd217b7e8cdd75e7","width":"1080","height":"1350"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291020724621520","isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":291020515586144,"gmtCreate":1712075846448,"gmtModify":1712077248809,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291020515586144","repostId":"1111001277","repostType":4,"repost":{"id":"1111001277","kind":"news","pubTimestamp":1712024400,"share":"https://ttm.financial/m/news/1111001277?lang=&edition=fundamental","pubTime":"2024-04-02 10:20","market":"hk","language":"en","title":"Xiaomi Jumps as Investors Cheer Early Signs of EV Success","url":"https://stock-news.laohu8.com/highlight/detail?id=1111001277","media":"Bloomberg","summary":"Firm received orders of nearly 90,000 units within 24 hoursManufacturing capability ramp-up will come to focus: GSXiaomi’s SU7 electric vehicle.Xiaomi Corp. surged in Hong Kong as orders for its first","content":"<html><head></head><body><ul style=\"\"><li><p>Firm received orders of nearly 90,000 units within 24 hours</p></li><li><p>Manufacturing capability ramp-up will come to focus: GS</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b056acbdee67d458cf83a5bd1b08b08\" alt=\"Xiaomi’s SU7 electric vehicle.\" title=\"Xiaomi’s SU7 electric vehicle.\" tg-width=\"2000\" tg-height=\"1334\"/><span>Xiaomi’s SU7 electric vehicle.</span></p><p style=\"text-align: start;\">Xiaomi Corp. surged in Hong Kong as orders for its first electric vehicle topped estimates, fueling optimism the smartphone maker may succeed in China’s cutthroat car market.</p><p style=\"text-align: start;\">Shares rose as much as 16% in the first day of trading since Beijing-based Xiaomi kicked off sales of its cars. The company said it received orders of nearly 90,000 units within the first 24 hours.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9c8d8f08ee0d7fbae3d8a3e9f8e2bf91\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Analysts said orders for Xiaomi’s SU7 came in stronger than expected, and may put it on par with Tesla Inc.’s Model 3 as one of the best-selling premium EV sedans in China. Goldman Sachs Group Inc. projected that orders may reach 100,000 this year, while Citigroup Inc. estimated full-year sales at around 55,000-70,000 units. One question is how quickly Xiaomi will be able to manufacture and deliver the vehicles.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dc1325674e5917d38ef524cc9f9c23e3\" alt=\"Xiaomi’s SU7 electric vehicle on display at one of the company’s store in Shanghai in March.\" title=\"Xiaomi’s SU7 electric vehicle on display at one of the company’s store in Shanghai in March.\" tg-width=\"2000\" tg-height=\"1334\"/><span>Xiaomi’s SU7 electric vehicle on display at one of the company’s store in Shanghai in March.</span></p><p>“Manufacturing capability ramp-up, on the other hand, will likely become the top focus over the next couple of months,” Goldman Sachs analysts including Timothy Zhao wrote in a note. “The average waiting time for the SU7 has extended to 18-21 weeks as of late compared to 5-8 weeks initially.”</p><p>The global EV market, once a booming sector with vast subsidy-assisted opportunity, has turned into a highly competitive arena. China’s electrified-car market is projected to slow for a second year, with a key industry body predicting sales growth in 2024 to drop to 25% from 36% last year and 96% in 2022.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e951f07461d992372a4d89e36a44743c\" tg-width=\"898\" tg-height=\"509\"/></p><p>Xiaomi’s strong entry may pose a threat to its more established peers. Carmakers including XPeng Inc. and BYD Co. may follow with pricing adjustments to keep up with the competition, Citigroup analysts including Jeff Chung said.</p><p style=\"text-align: start;\">XPeng fell as much as 9% in Hong Kong, while BYD rose 2.9%.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xiaomi Jumps as Investors Cheer Early Signs of EV Success</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXiaomi Jumps as Investors Cheer Early Signs of EV Success\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-02 10:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-02/xiaomi-jumps-as-investors-cheer-early-signs-of-ev-success?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Firm received orders of nearly 90,000 units within 24 hoursManufacturing capability ramp-up will come to focus: GSXiaomi’s SU7 electric vehicle.Xiaomi Corp. surged in Hong Kong as orders for its first...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-02/xiaomi-jumps-as-investors-cheer-early-signs-of-ev-success?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01810":"小米集团-W"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-02/xiaomi-jumps-as-investors-cheer-early-signs-of-ev-success?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111001277","content_text":"Firm received orders of nearly 90,000 units within 24 hoursManufacturing capability ramp-up will come to focus: GSXiaomi’s SU7 electric vehicle.Xiaomi Corp. surged in Hong Kong as orders for its first electric vehicle topped estimates, fueling optimism the smartphone maker may succeed in China’s cutthroat car market.Shares rose as much as 16% in the first day of trading since Beijing-based Xiaomi kicked off sales of its cars. The company said it received orders of nearly 90,000 units within the first 24 hours.Analysts said orders for Xiaomi’s SU7 came in stronger than expected, and may put it on par with Tesla Inc.’s Model 3 as one of the best-selling premium EV sedans in China. Goldman Sachs Group Inc. projected that orders may reach 100,000 this year, while Citigroup Inc. estimated full-year sales at around 55,000-70,000 units. One question is how quickly Xiaomi will be able to manufacture and deliver the vehicles.Xiaomi’s SU7 electric vehicle on display at one of the company’s store in Shanghai in March.“Manufacturing capability ramp-up, on the other hand, will likely become the top focus over the next couple of months,” Goldman Sachs analysts including Timothy Zhao wrote in a note. “The average waiting time for the SU7 has extended to 18-21 weeks as of late compared to 5-8 weeks initially.”The global EV market, once a booming sector with vast subsidy-assisted opportunity, has turned into a highly competitive arena. China’s electrified-car market is projected to slow for a second year, with a key industry body predicting sales growth in 2024 to drop to 25% from 36% last year and 96% in 2022.Xiaomi’s strong entry may pose a threat to its more established peers. Carmakers including XPeng Inc. and BYD Co. may follow with pricing adjustments to keep up with the competition, Citigroup analysts including Jeff Chung said.XPeng fell as much as 9% in Hong Kong, while BYD rose 2.9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289059054203056,"gmtCreate":1711595604997,"gmtModify":1711595691454,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"title":"ProConnect™ Tax","htmlText":"Find out more here:<a href=\"https://ito.intuit.com/app/protax/sign-in?shareID=b5e7dac352f29a33168e959ae79004a6&amp;invite=QWRPRL&amp;lang=en_AU&amp;platform=android&amp;utm_medium=tiger_community\">ProConnect™ Tax</a>","listText":"Find out more here:<a href=\"https://ito.intuit.com/app/protax/sign-in?shareID=b5e7dac352f29a33168e959ae79004a6&amp;invite=QWRPRL&amp;lang=en_AU&amp;platform=android&amp;utm_medium=tiger_community\">ProConnect™ Tax</a>","text":"Find out more here:ProConnect™ Tax","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289059054203056","isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":355136061825416,"gmtCreate":1727705226974,"gmtModify":1727777331622,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"title":"Help Center - Tiger Brokers","htmlText":"<a href=\"https://ttm.financial/S/OPTT\">$Ocean Power(OPTT)$ </a> &nbsp; <a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v> &nbsp; Tiger Brokers is a company listed on NASDAQ. With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. Investors can easily open accounts online with Tiger Brokers.","listText":"<a href=\"https://ttm.financial/S/OPTT\">$Ocean Power(OPTT)$ </a> &nbsp; <a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v> &nbsp; Tiger Brokers is a company listed on NASDAQ. With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. Investors can easily open accounts online with Tiger Brokers.","text":"$Ocean Power(OPTT)$ $Meta Platforms, Inc.(META)$ Tiger Brokers is a company listed on NASDAQ. With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. 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66(PSX)$","images":[{"img":"https://community-static.tradeup.com/news/ae57177722b813620c924ee2343781dc","width":"894","height":"1508"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/293427162615968","isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":362842752442464,"gmtCreate":1729620570501,"gmtModify":1729620572947,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362842752442464","repostId":"2477354020","repostType":2,"repost":{"id":"2477354020","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1729612140,"share":"https://ttm.financial/m/news/2477354020?lang=&edition=fundamental","pubTime":"2024-10-22 23:49","market":"nz","language":"en","title":"Press Release: Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2477354020","media":"Dow Jones","summary":"Martin Midstream Partners L.P.   today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital:. The transaction provides an attractive premium valuation to MMLP unitholders, whereby each holder of the common units other than MRMC and its subsidiaries would receive $4.02 per common unit owned, representing a 34.00% premium to the market closing price prior to MRMC's initial proposal made on May 24, 2024, and an 11.33% premium to the trailing 30-trading day volume-weighted average price as of October 3, 2024, the date the merger agreement was executed.We look forward to engaging with unitholders as we work toward completing the transaction by the end of 2024.This press release includes \"forward-looking statements\" as defined by the Securities and Exchange Commission . These forward-looking statements and all references to the transaction described herein rely on a number of assumptions concerning future events and are sub","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  <a href=\"https://laohu8.com/S/MMLP\">Martin Midstream Partners L.P.</a> Issues Statement Reaffirming Commitment to Pending Transaction \n</p>\n<pre>\nKILGORE, Texas--(BUSINESS WIRE)--October 22, 2024-- \n</pre>\n<p>\n     Martin Midstream Partners L.P. (NASDAQ:MMLP) (\"MMLP\") today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital: \n</p>\n<p>\n     The Conflicts Committee (the \"Conflicts Committee\") of the Board of Directors (the \"GP Board\") of Martin Midstream GP LLC, the general partner of MMLP (the \"General Partner\"), which consists of three independent directors, conducted a thorough nine-month evaluation with the support of independent legal and financial advisors and was diligent about the best path forward for MMLP, including actively considering proposals submitted by Nut Tree Capital Management and Caspian Capital. Following extensive negotiations, the Conflicts Committee unanimously and in good faith determined that the merger transaction with Martin Resource Management Corporation (\"MRMC\") is fair and reasonable to, and in the best interests of, MMLP and the unaffiliated holders of the MMLP common units. \n</p>\n<p>\n     The transaction provides an attractive premium valuation to MMLP unitholders, whereby each holder of the common units other than MRMC and its subsidiaries would receive $4.02 per common unit owned, representing a 34.00% premium to the market closing price prior to MRMC's initial proposal made on May 24, 2024, and an 11.33% premium to the trailing 30-trading day volume-weighted average price as of October 3, 2024, the date the merger agreement was executed. \n</p>\n<p>\n     Notably, the proposals submitted by Nut Tree and Caspian never represented a credible alternative or viable path forward. Further, the Nut Tree and Caspian proposals were predicated on acquiring the General Partner, which was not, and is not, for sale. Importantly, even their own press release noted that the hedge funds have \"economic exposure\" to MMLP common units, without disclosing any actual ownership. As debt investors in MMLP, with incremental derivative exposure to MMLP equity, Nut Tree's and Caspian's interests do not appear to be fully aligned with MMLP unitholders'. \n</p>\n<p>\n     We look forward to engaging with unitholders as we work toward completing the transaction by the end of 2024. \n</p>\n<p>\n     The Conflicts Committee engaged Munsch Hardt Kopf &amp; Harr, P.C., Potter Anderson &amp; Corroon LLP, and Houlihan Lokey, Inc. as its legal and financial advisors. MRMC engaged Baker Botts L.L.P. and Wells Fargo Securities, LLC as its legal and financial advisors. \n</p>\n<p>\n     Forward Looking Statements \n</p>\n<p>\n     This press release includes \"forward-looking statements\" as defined by the Securities and Exchange Commission (the \"SEC\"). These forward-looking statements and all references to the transaction described herein rely on a number of assumptions concerning future events and are subject to a number of uncertainties, including (i) the ability of the parties to consummate the transaction in the anticipated timeframe or at all, including MRMC's ability to fund the aggregate merger consideration; risks related to the satisfaction or waiver of the conditions to closing the transaction in the anticipated timeframe or at all; risks related to obtaining the requisite regulatory approval and MMLP unitholder approval; disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs associated with the transaction; and the risk of litigation and/or regulatory actions related to the transaction, (ii) uncertainties relating to MMLP's future cash flows and operations, (iii) MMLP's ability to pay future distributions, (iv) future market conditions, (v) current and future governmental regulation, (vi) future taxation, and (vii) other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While MMLP believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in MMLP's annual and quarterly reports filed from time to time with the SEC. MMLP disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise except where required to do so by law. \n</p>\n<p>\n     About MMLP \n</p>\n<p>\n     Martin Midstream Partners L.P. (NASDAQ: MMLP) headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP's primary business lines include: (1) terminalling, processing, and storage services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and (4) marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease. To learn more, visit www.MMLP.com . Follow Martin Midstream Partners L.P. on LinkedIn, Facebook, and X (formerly known as Twitter). \n</p>\n<p>\n     About MRMC \n</p>\n<p>\n     MRMC, through its various subsidiaries, is an independent provider of marketing and distribution of hydrocarbon and hydrocarbon by-products including asphalt, diesel, natural gas liquids (\"NGLs\"), crude oil, base and process oils, and other bulk tank liquids. Martin Resource LLC is a wholly owned subsidiary of MRMC that does not engage in any business other than owning 100% of the equity interests in the General Partner. Cross Oil Refining &amp; Marketing, Inc. is a wholly owned subsidiary of MRMC and is engaged in the business of providing base and process oils. Martin Product Sales LLC is a wholly owned subsidiary of MRMC and is engaged in the business of marketing and distributing commodities including asphalt, NGLs, and other petroleum based products. \n</p>\n<p>\n     Important Information about the Proposed Transaction \n</p>\n<p>\n     This material does not constitute an offer to sell or the solicitation of an offer to buy any securities, including the common units or a solicitation of any vote or approval. In connection with the proposed merger, MMLP will file with the SEC and furnish to MMLP's unitholders a proxy statement and other relevant documents, including a Schedule 13E-3. This material is not a substitute for the Merger Agreement, the proxy statement or the Schedule 13E-3 or for any other document that MMLP may file with the SEC in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION, MMLP'S UNITHOLDERS ARE URGED TO READ THE MERGER AGREEMENT, THE PROXY STATEMENT AND THE SCHEDULE 13E-3 AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT OR SCHEDULE 13E-3 CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. \n</p>\n<p>\n     Investors and security holders will be able to obtain free copies of the proxy statement (when available) and other relevant documents filed with the SEC by MMLP through the website maintained by the SEC at www.sec.gov . In addition, the proxy statement, the Schedule 13E-3, and other documents filed with the SEC by MMLP will be available free of charge through MMLP's website at www.MMLP.com , in the \"Investor Relations\" tab, or by contacting MMLP's Investor Relations Department at (877) 256-6644. \n</p>\n<p>\n     Participants in the Solicitation \n</p>\n<p>\n     MMLP and the directors and executive officers of our General Partner, and MRMC and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from MMLP's unitholders in respect of the proposed merger. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the unitholders of MMLP in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other relevant materials when filed with the SEC. Information about the directors and executive officers of our General Partner and their ownership of MMLP common units is set forth in MMLP's Form 10-K for the year ended December 31, 2023, as previously filed with the SEC on February 21, 2024. Free copies of these documents may be obtained as described in the paragraphs above. \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241022112756/en/ \n</p>\n<pre>\n \n    CONTACT:    Investor Relations Contact: \n</pre>\n<p>\n     Sharon Taylor \n</p>\n<p>\n     Executive Vice President and Chief Financial Officer \n</p>\n<p>\n     (877) 256-6644 \n</p>\n<p>\n     ir@mmlp.com \n</p>\n<p>\n     Media Contact: \n</p>\n<p>\n     Andrew Siegel / Melissa Johnson / Jenna Shinderman \n</p>\n<p>\n     Joele Frank \n</p>\n<p>\n     212.355.4449 \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 22, 2024 11:49 ET (15:49 GMT)\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-22 23:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  <a href=\"https://laohu8.com/S/MMLP\">Martin Midstream Partners L.P.</a> Issues Statement Reaffirming Commitment to Pending Transaction \n</p>\n<pre>\nKILGORE, Texas--(BUSINESS WIRE)--October 22, 2024-- \n</pre>\n<p>\n     Martin Midstream Partners L.P. (NASDAQ:MMLP) (\"MMLP\") today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital: \n</p>\n<p>\n     The Conflicts Committee (the \"Conflicts Committee\") of the Board of Directors (the \"GP Board\") of Martin Midstream GP LLC, the general partner of MMLP (the \"General Partner\"), which consists of three independent directors, conducted a thorough nine-month evaluation with the support of independent legal and financial advisors and was diligent about the best path forward for MMLP, including actively considering proposals submitted by Nut Tree Capital Management and Caspian Capital. Following extensive negotiations, the Conflicts Committee unanimously and in good faith determined that the merger transaction with Martin Resource Management Corporation (\"MRMC\") is fair and reasonable to, and in the best interests of, MMLP and the unaffiliated holders of the MMLP common units. \n</p>\n<p>\n     The transaction provides an attractive premium valuation to MMLP unitholders, whereby each holder of the common units other than MRMC and its subsidiaries would receive $4.02 per common unit owned, representing a 34.00% premium to the market closing price prior to MRMC's initial proposal made on May 24, 2024, and an 11.33% premium to the trailing 30-trading day volume-weighted average price as of October 3, 2024, the date the merger agreement was executed. \n</p>\n<p>\n     Notably, the proposals submitted by Nut Tree and Caspian never represented a credible alternative or viable path forward. Further, the Nut Tree and Caspian proposals were predicated on acquiring the General Partner, which was not, and is not, for sale. Importantly, even their own press release noted that the hedge funds have \"economic exposure\" to MMLP common units, without disclosing any actual ownership. As debt investors in MMLP, with incremental derivative exposure to MMLP equity, Nut Tree's and Caspian's interests do not appear to be fully aligned with MMLP unitholders'. \n</p>\n<p>\n     We look forward to engaging with unitholders as we work toward completing the transaction by the end of 2024. \n</p>\n<p>\n     The Conflicts Committee engaged Munsch Hardt Kopf &amp; Harr, P.C., Potter Anderson &amp; Corroon LLP, and Houlihan Lokey, Inc. as its legal and financial advisors. MRMC engaged Baker Botts L.L.P. and Wells Fargo Securities, LLC as its legal and financial advisors. \n</p>\n<p>\n     Forward Looking Statements \n</p>\n<p>\n     This press release includes \"forward-looking statements\" as defined by the Securities and Exchange Commission (the \"SEC\"). These forward-looking statements and all references to the transaction described herein rely on a number of assumptions concerning future events and are subject to a number of uncertainties, including (i) the ability of the parties to consummate the transaction in the anticipated timeframe or at all, including MRMC's ability to fund the aggregate merger consideration; risks related to the satisfaction or waiver of the conditions to closing the transaction in the anticipated timeframe or at all; risks related to obtaining the requisite regulatory approval and MMLP unitholder approval; disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs associated with the transaction; and the risk of litigation and/or regulatory actions related to the transaction, (ii) uncertainties relating to MMLP's future cash flows and operations, (iii) MMLP's ability to pay future distributions, (iv) future market conditions, (v) current and future governmental regulation, (vi) future taxation, and (vii) other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While MMLP believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in MMLP's annual and quarterly reports filed from time to time with the SEC. MMLP disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise except where required to do so by law. \n</p>\n<p>\n     About MMLP \n</p>\n<p>\n     Martin Midstream Partners L.P. (NASDAQ: MMLP) headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP's primary business lines include: (1) terminalling, processing, and storage services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and (4) marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease. To learn more, visit www.MMLP.com . Follow Martin Midstream Partners L.P. on LinkedIn, Facebook, and X (formerly known as Twitter). \n</p>\n<p>\n     About MRMC \n</p>\n<p>\n     MRMC, through its various subsidiaries, is an independent provider of marketing and distribution of hydrocarbon and hydrocarbon by-products including asphalt, diesel, natural gas liquids (\"NGLs\"), crude oil, base and process oils, and other bulk tank liquids. Martin Resource LLC is a wholly owned subsidiary of MRMC that does not engage in any business other than owning 100% of the equity interests in the General Partner. Cross Oil Refining &amp; Marketing, Inc. is a wholly owned subsidiary of MRMC and is engaged in the business of providing base and process oils. Martin Product Sales LLC is a wholly owned subsidiary of MRMC and is engaged in the business of marketing and distributing commodities including asphalt, NGLs, and other petroleum based products. \n</p>\n<p>\n     Important Information about the Proposed Transaction \n</p>\n<p>\n     This material does not constitute an offer to sell or the solicitation of an offer to buy any securities, including the common units or a solicitation of any vote or approval. In connection with the proposed merger, MMLP will file with the SEC and furnish to MMLP's unitholders a proxy statement and other relevant documents, including a Schedule 13E-3. This material is not a substitute for the Merger Agreement, the proxy statement or the Schedule 13E-3 or for any other document that MMLP may file with the SEC in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION, MMLP'S UNITHOLDERS ARE URGED TO READ THE MERGER AGREEMENT, THE PROXY STATEMENT AND THE SCHEDULE 13E-3 AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT OR SCHEDULE 13E-3 CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. \n</p>\n<p>\n     Investors and security holders will be able to obtain free copies of the proxy statement (when available) and other relevant documents filed with the SEC by MMLP through the website maintained by the SEC at www.sec.gov . In addition, the proxy statement, the Schedule 13E-3, and other documents filed with the SEC by MMLP will be available free of charge through MMLP's website at www.MMLP.com , in the \"Investor Relations\" tab, or by contacting MMLP's Investor Relations Department at (877) 256-6644. \n</p>\n<p>\n     Participants in the Solicitation \n</p>\n<p>\n     MMLP and the directors and executive officers of our General Partner, and MRMC and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from MMLP's unitholders in respect of the proposed merger. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the unitholders of MMLP in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other relevant materials when filed with the SEC. Information about the directors and executive officers of our General Partner and their ownership of MMLP common units is set forth in MMLP's Form 10-K for the year ended December 31, 2023, as previously filed with the SEC on February 21, 2024. Free copies of these documents may be obtained as described in the paragraphs above. \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241022112756/en/ \n</p>\n<pre>\n \n    CONTACT:    Investor Relations Contact: \n</pre>\n<p>\n     Sharon Taylor \n</p>\n<p>\n     Executive Vice President and Chief Financial Officer \n</p>\n<p>\n     (877) 256-6644 \n</p>\n<p>\n     ir@mmlp.com \n</p>\n<p>\n     Media Contact: \n</p>\n<p>\n     Andrew Siegel / Melissa Johnson / Jenna Shinderman \n</p>\n<p>\n     Joele Frank \n</p>\n<p>\n     212.355.4449 \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 22, 2024 11:49 ET (15:49 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4144":"石油与天然气的储存和运输","MMLP":"Martin Midstream Partners L.P.","WRD":"文远知行","BK4590":"PTP"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2477354020","content_text":"Martin Midstream Partners L.P. Issues Statement Reaffirming Commitment to Pending Transaction \n\n\nKILGORE, Texas--(BUSINESS WIRE)--October 22, 2024-- \n\n\n     Martin Midstream Partners L.P. (NASDAQ:MMLP) (\"MMLP\") today issued the following statement in response to the press release issued by Nut Tree Capital Management and Caspian Capital: \n\n\n     The Conflicts Committee (the \"Conflicts Committee\") of the Board of Directors (the \"GP Board\") of Martin Midstream GP LLC, the general partner of MMLP (the \"General Partner\"), which consists of three independent directors, conducted a thorough nine-month evaluation with the support of independent legal and financial advisors and was diligent about the best path forward for MMLP, including actively considering proposals submitted by Nut Tree Capital Management and Caspian Capital. Following extensive negotiations, the Conflicts Committee unanimously and in good faith determined that the merger transaction with Martin Resource Management Corporation (\"MRMC\") is fair and reasonable to, and in the best interests of, MMLP and the unaffiliated holders of the MMLP common units. \n\n\n     The transaction provides an attractive premium valuation to MMLP unitholders, whereby each holder of the common units other than MRMC and its subsidiaries would receive $4.02 per common unit owned, representing a 34.00% premium to the market closing price prior to MRMC's initial proposal made on May 24, 2024, and an 11.33% premium to the trailing 30-trading day volume-weighted average price as of October 3, 2024, the date the merger agreement was executed. \n\n\n     Notably, the proposals submitted by Nut Tree and Caspian never represented a credible alternative or viable path forward. Further, the Nut Tree and Caspian proposals were predicated on acquiring the General Partner, which was not, and is not, for sale. Importantly, even their own press release noted that the hedge funds have \"economic exposure\" to MMLP common units, without disclosing any actual ownership. As debt investors in MMLP, with incremental derivative exposure to MMLP equity, Nut Tree's and Caspian's interests do not appear to be fully aligned with MMLP unitholders'. \n\n\n     We look forward to engaging with unitholders as we work toward completing the transaction by the end of 2024. \n\n\n     The Conflicts Committee engaged Munsch Hardt Kopf & Harr, P.C., Potter Anderson & Corroon LLP, and Houlihan Lokey, Inc. as its legal and financial advisors. MRMC engaged Baker Botts L.L.P. and Wells Fargo Securities, LLC as its legal and financial advisors. \n\n\n     Forward Looking Statements \n\n\n     This press release includes \"forward-looking statements\" as defined by the Securities and Exchange Commission (the \"SEC\"). These forward-looking statements and all references to the transaction described herein rely on a number of assumptions concerning future events and are subject to a number of uncertainties, including (i) the ability of the parties to consummate the transaction in the anticipated timeframe or at all, including MRMC's ability to fund the aggregate merger consideration; risks related to the satisfaction or waiver of the conditions to closing the transaction in the anticipated timeframe or at all; risks related to obtaining the requisite regulatory approval and MMLP unitholder approval; disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs associated with the transaction; and the risk of litigation and/or regulatory actions related to the transaction, (ii) uncertainties relating to MMLP's future cash flows and operations, (iii) MMLP's ability to pay future distributions, (iv) future market conditions, (v) current and future governmental regulation, (vi) future taxation, and (vii) other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While MMLP believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in MMLP's annual and quarterly reports filed from time to time with the SEC. MMLP disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise except where required to do so by law. \n\n\n     About MMLP \n\n\n     Martin Midstream Partners L.P. (NASDAQ: MMLP) headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP's primary business lines include: (1) terminalling, processing, and storage services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and (4) marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease. To learn more, visit www.MMLP.com . Follow Martin Midstream Partners L.P. on LinkedIn, Facebook, and X (formerly known as Twitter). \n\n\n     About MRMC \n\n\n     MRMC, through its various subsidiaries, is an independent provider of marketing and distribution of hydrocarbon and hydrocarbon by-products including asphalt, diesel, natural gas liquids (\"NGLs\"), crude oil, base and process oils, and other bulk tank liquids. Martin Resource LLC is a wholly owned subsidiary of MRMC that does not engage in any business other than owning 100% of the equity interests in the General Partner. Cross Oil Refining & Marketing, Inc. is a wholly owned subsidiary of MRMC and is engaged in the business of providing base and process oils. Martin Product Sales LLC is a wholly owned subsidiary of MRMC and is engaged in the business of marketing and distributing commodities including asphalt, NGLs, and other petroleum based products. \n\n\n     Important Information about the Proposed Transaction \n\n\n     This material does not constitute an offer to sell or the solicitation of an offer to buy any securities, including the common units or a solicitation of any vote or approval. In connection with the proposed merger, MMLP will file with the SEC and furnish to MMLP's unitholders a proxy statement and other relevant documents, including a Schedule 13E-3. This material is not a substitute for the Merger Agreement, the proxy statement or the Schedule 13E-3 or for any other document that MMLP may file with the SEC in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION, MMLP'S UNITHOLDERS ARE URGED TO READ THE MERGER AGREEMENT, THE PROXY STATEMENT AND THE SCHEDULE 13E-3 AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT OR SCHEDULE 13E-3 CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. \n\n\n     Investors and security holders will be able to obtain free copies of the proxy statement (when available) and other relevant documents filed with the SEC by MMLP through the website maintained by the SEC at www.sec.gov . In addition, the proxy statement, the Schedule 13E-3, and other documents filed with the SEC by MMLP will be available free of charge through MMLP's website at www.MMLP.com , in the \"Investor Relations\" tab, or by contacting MMLP's Investor Relations Department at (877) 256-6644. \n\n\n     Participants in the Solicitation \n\n\n     MMLP and the directors and executive officers of our General Partner, and MRMC and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from MMLP's unitholders in respect of the proposed merger. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the unitholders of MMLP in connection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other relevant materials when filed with the SEC. Information about the directors and executive officers of our General Partner and their ownership of MMLP common units is set forth in MMLP's Form 10-K for the year ended December 31, 2023, as previously filed with the SEC on February 21, 2024. Free copies of these documents may be obtained as described in the paragraphs above. \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241022112756/en/ \n\n\n \n    CONTACT:    Investor Relations Contact: \n\n\n     Sharon Taylor \n\n\n     Executive Vice President and Chief Financial Officer \n\n\n     (877) 256-6644 \n\n\n     ir@mmlp.com \n\n\n     Media Contact: \n\n\n     Andrew Siegel / Melissa Johnson / Jenna Shinderman \n\n\n     Joele Frank \n\n\n     212.355.4449 \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 22, 2024 11:49 ET (15:49 GMT)","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355994548306304,"gmtCreate":1727922206704,"gmtModify":1727924517308,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FOR.AU\">$FORAGER AUSTRALIAN SHARES FD(FOR.AU)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/FOR.AU\">$FORAGER AUSTRALIAN SHARES FD(FOR.AU)$ </a>&nbsp;","text":"$FORAGER AUSTRALIAN SHARES 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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291020515586144","repostId":"1111001277","repostType":4,"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289059054203056,"gmtCreate":1711595604997,"gmtModify":1711595691454,"author":{"id":"4116419529143442","authorId":"4116419529143442","name":"Mateo69","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116419529143442","authorIdStr":"4116419529143442"},"themes":[],"title":"ProConnect™ Tax","htmlText":"Find out more here:<a href=\"https://ito.intuit.com/app/protax/sign-in?shareID=b5e7dac352f29a33168e959ae79004a6&amp;invite=QWRPRL&amp;lang=en_AU&amp;platform=android&amp;utm_medium=tiger_community\">ProConnect™ Tax</a>","listText":"Find out more here:<a 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