Is it being done to increase shareholder and corporate value in order to better serve the public company? We cut through the tape and get right to the heart of the matter. We display their compensation and we know if they are actually the ones behind that public company despite what they may or may not disclose to the public. Stock Promotion can be an effective and necessary tool if done correctly and responsibly, and it can be crippling to both the public company and the promoter if done recklessly. If you can catch the stock for a 10 percent upswing, this, coupled with an attractive dividend yield of 7.4 percent provides something safe and sound for an investor with uncertainty in the markets.įounded in 2003, has tracked hundreds of thousands of promotions by thousands of promoters and counting. Lower debt margins and positive cash flows will give Marlin Midstream the flexibility, going forward, to continue acquiring assets in strategic locations to help grow revenue streams in the future. Marlin Midstream also is carrying around $2 million in total cash on its balance sheet, as well as over $18 million in operating cash flow. The company also has a palatable forward price-to-earnings at 14.62, as well as $3.57 of revenue produced for each share. Marlin Midstream also has an aggressive quarterly revenue growth rate of 150 percent, and is poised to add to future assets when the price is right. Analysts have predicted a price target of $22.50 per share, but share prices have yet to move above $21.00. The company is a true small-cap that throws a big punch to investors with its current dividend of $1.42, which represents an enormous yield of 7.4 percent. Marlin Midstream is currently trading slightly under its IPO price of $20.00 and 5 percent above its 50-day moving average. The company sees this asset as a big plus, because it can fill a needed service in the lucrative San Juan Basin drilling area. One case in point is its purchase of a 28-acre industrial park in western New Mexico. With a cleaner balance sheet and considerably less debt, Marlin Midstream can take advantage of acquiring assets that will enhance its revenue and profitability. That is a pretty sizeable chunk of money that was weighing heavily on the company. During 2013, the company eliminated quite a bit of debt to the tune of almost $120 million, and is currently only holding $4 million in debt on its balance sheet. Railcar transport of crude oil has grown from just over 10,000 railcar loads in 2009 to over 400,000 railcar loads in 2013.Īnother positive for the company is its balance sheet. Transloaders for crude oil have been active over the last few years, and with a lack of pipelines for crude transport railcars, have become more and more necessary for transporting crude. Marlin Midstream has been instrumental in growing its crude oil transloader business at a remarkable rate, accumulating $3.4 million in revenue for the first quarter of this year's operation. The company has positioned its two crude oil transloaders in Utah and Wyoming, and is serving the very profitable plays around Carbon County, Utah and Big Horn County, Wyoming. Marlin Midstream is taking advantage of its two crude oil transloading facilities, which include five crude oil transloaders. The crude oil logistic assets concentrate on transloading services, and with no real new pipelines in the works, railcar transportation of crude oil products has become very profitable for companies similar to Marlin Midstream. After the company released its latest earnings report on April 30, 2014, the crude oil logistics assets may very well be the new catalyst that makes Marlin Midstream even more profitable. Marlin Midstream Partners ( FISH) is finally producing income from its crude oil logistic assets that the company made fully operational in July 2013. New revenue stream will enhance profits and dividend
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