QUOTE AND NEWS
Benzinga  May 9  Comment 
In a report published Thursday, Bank of America analyst Gabe Moreen downgraded the rating on TransMontaigne Partners LP (NYSE: TLP) from Buy to Neutral, but reiterated the $50.00 price target. In the report, Moreen noted, “We are downgrading...
StreetInsider.com  May 7  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Transmontaigne+Partners+%28TLP%29+Tops+Q1+EPS+by+5c/8311047.html for the full story.
StreetInsider.com  Apr 16  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Dividends/Transmontaigne+Partners+%28TLP%29+Declares+%240.64+Quarterly+Dividend%3B+5.3%25+Yield/8256360.html for the full story.
StreetInsider.com  Apr 1  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Equity+Offerings/Transmontaigne+Partners+%28TLP%29+Files+%241B+Common%2C+Debt+Securities+Shelf/8222788.html for the full story.
Benzinga  Mar 14  Comment 
Bank of America analyst Gabe Moreen published a report on TransMontaigne Partners (NYSE: TLP) that raised the price target from $42 to $50 and maintained a Buy rating. In the report Bank of America said, "YTD TLP has produced a total return of...
Benzinga  Mar 13  Comment 
Stifel Nicolaus maintained TransMontaigne Partners (NYSE: TLP) with a Buy and raised the price target from $41.00 to $51.00. Stifel Nicolaus analyst Selman Akyol wrote, "We commend the partnership's decision to reinvest in the BOSTCO project....
Forbes  Jan 25  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 1/29/13, Transmontaigne Partners L.P. (NYSE: TLP) will trade ex-dividend, for its quarterly dividend of $0.64, payable on 2/7/13. As a percentage of TLP's recent stock price of...
StreetInsider.com  Jan 14  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Dividends/Transmontaigne+Partners+%28TLP%29+Declares+%240.64+Quarterly+Dividend%3B+6.4%25+Yield/8006222.html for the full story.
Bulk Transporter  Jan 2  Comment 
TransMontaigne Partners LP announced in late December that it acquired a 42.5% ownership interest for approximately $79 million in Battleground Oil Specialty Terminal Company LLC (BOSTCO), which is developing a new black oil terminal facility on...
Benzinga  Dec 24  Comment 
Stifel Nicolaus raised its rating on TransMontaigne Partners (NYSE: TLP) from Hold to Buy with a new $41 price target. Stifel Nicolaus said, "TransMontaigne recently announced it acquired a 42.5% ownership in the Battleground Oil Specialty...




 
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TransMontaigne Partners L.P.

TransMontaigne Partners L.P.(TLP) is a publicly traded master limited partnership providing refined petroleum products terminaling and transportation services. TransMontaigne Partners L.P. operates on the US Gulf Coast; Southeast; Midwest; Brownsville, Texas; and along the Mississippi and Ohio Rivers.

They are controlled by affiliates of TransMontaigne Inc. (“TMG”) and Morgan Stanley TLP. (TLP) depends on stable, fee-based cash flows from terminaling services agreements, long-term contracts with customers. They have no material direct commodity price risk. Current size results in significant accretion potential from relatively small acquisitions and expansion projects. Experienced management team.

BOSTCO project

In November 2010 TLP acquired 190 acres of undeveloped land on the Houston Ship Channel for the purpose of constructing a 6.5 million barrel black oil terminal.

In October 2011 TLP sold a 50% interest in the BOSTCO project to Kinder Morgan, Inc. (KMI). It is likely TLP will sell there remaining 50% interest in the BOSTCO project to Kinder Morgan and receive a one year transferable option to purchase 50% of Kinder Morgan’s interest in the project. In the event that the BOSTCO project continues to progress towards operation, the option will have value to TLP.

TransMontaigne Partners L.P. 1670 Broadway, Suite 3100 Denver, CO 80202

Mailing address: Post Office Box 5660 Denver, CO 80217

Phone: 303-626-8200 Fax: 303-626-8228

info@transmontaignepartners.com

References

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