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home / news releases / NMM - Navios Maritime Partners: You've Got Mail


NMM - Navios Maritime Partners: You've Got Mail

Background

On March 10, 2019, Seeking Alpha author Darren McGammon wrote an article titled "Prince Navios? 8.5% Distribution Yield Covered More Than 4x Last Quarter." It covered topics such as the poor results in Q4, which were expected due to much weakness in the spot rates in which Navios Maritime Partners (NMM) operate. He also pointed out that their free cash flow, in fact, still generate four times more than what NMM distribute to their unitholders. This was not "new news" as in my article "Navios Maritime Partners: Show Me The Money"

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Stock Information

Company Name: Navios Maritime Partners LP Representing Limited Partner Interests
Stock Symbol: NMM
Market: NYSE
Website: navios-mlp.com

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