TransMontaigne Partners L.P. is a terminaling and transportation company with operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio Rivers, and in the Southeast. The Company operates its business in five principal business segments: Gulf Coast terminals, Midwest terminals and pipeline system, Brownsville terminals, River terminals and Southeast terminals. It provides integrated terminaling, storage, transportation and related services for companies engaged in the trading, distribution and marketing of light refined petroleum products, heavy refined petroleum products, crude oil, chemicals, fertilizers and other liquid products. It is controlled by its general partner, TransMontaigne GP, which is an indirect subsidiary of ArcLight Energy Partners Fund VI, L.P. (ArcLight). The Company uses its terminaling facilities to, among other things, store the refined products in its tanks for its customers.
Industry, Sector and Symbol:
- Market Cap: $711.73 million
- Outstanding Shares: 16,161,000
- 50 Day Moving Avg: $43.74
- 200 Day Moving Avg: $44.12
- 52 Week Range: $36.93 - $49.31
Sales & Book Value:
- Trailing P/E Ratio: 18.75
- Foreward P/E Ratio: 16.56
- P/E Growth: 5.35
- Annual Revenue: $169.15 million
- Price / Sales: 4.21
- Book Value: $19.81 per share
- Price / Book: 2.22
- Annual Dividend: $2.84
- Dividend Yield: 6.7%
- EBIDTA: $78.82 million
- Net Margins: 23.52%
- Return on Equity: 10.16%
- Return on Assets: 5.75%
- Debt-to-Equity Ratio: 0.73%
- Current Ratio: 0.45%
- Quick Ratio: 0.45%
- Average Volume: 29,581 shs.
- Beta: 0.4
- Short Ratio: 0.77
Frequently Asked Questions for TransMontaigne Partners L.P. (NYSE:TLP)
What is TransMontaigne Partners L.P.'s stock symbol?
TransMontaigne Partners L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "TLP."
How often does TransMontaigne Partners L.P. pay dividends? What is the dividend yield for TransMontaigne Partners L.P.?
TransMontaigne Partners L.P. declared a quarterly dividend on Tuesday, April 18th. Shareholders of record on Friday, April 28th will be given a dividend of $0.725 per share on Monday, May 8th. This represents a $2.90 annualized dividend and a yield of 6.58%. The ex-dividend date of this dividend is Wednesday, April 26th. This is a boost from TransMontaigne Partners L.P.'s previous quarterly dividend of $0.71. View TransMontaigne Partners L.P.'s Dividend History.
How were TransMontaigne Partners L.P.'s earnings last quarter?
TransMontaigne Partners L.P. (NYSE:TLP) released its quarterly earnings data on Tuesday, May, 9th. The company reported $0.62 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.02. The firm had revenue of $44.85 million for the quarter, compared to the consensus estimate of $43.35 million. TransMontaigne Partners L.P. had a return on equity of 10.16% and a net margin of 23.52%. The business's quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.41 EPS. View TransMontaigne Partners L.P.'s Earnings History.
Where is TransMontaigne Partners L.P.'s stock going? Where will TransMontaigne Partners L.P.'s stock price be in 2017?
4 brokers have issued 1-year price targets for TransMontaigne Partners L.P.'s shares. Their predictions range from $42.50 to $50.00. On average, they anticipate TransMontaigne Partners L.P.'s stock price to reach $47.13 in the next twelve months. View Analyst Ratings for TransMontaigne Partners L.P..
What are analysts saying about TransMontaigne Partners L.P. stock?
Here are some recent quotes from research analysts about TransMontaigne Partners L.P. stock:
- 1. According to Zacks Investment Research, "TransMontaigne Partners L.P. is a refined petroleum products terminaling and pipeline company based in Denver, Colorado with operations currently in Florida, Southwest Missouri and Northwest Arkansas. They provide integrated terminaling, storage, pipeline and related services for companies engaged in the distribution and marketing of refined petroleum products and crude oil, including TransMontaigne Inc. " (5/17/2017)
- 2. FBR & Co analysts commented, "We are maintaining our Outperform rating on Hallador Energy with an $11 price target (down from $12) following the company’s release of 4Q results last Friday, March 10 after the close. Hallador’s results were in line with adjusted EBITDA at $17.6 million against our $18.0 million estimate. Noticeably, Hallador’s solid cost performance was able to offset the continued pressures on the revenue side. By our estimates, realized prices per ton declined by almost $3/ton QOQ. The company is targeting to further de-leverage, as it plans to reduce debt by another $15 million to $20 million in 2017. Looking forward, management guided Oaktown cost per ton for 2017 to $28–$30 and set a $30 million capex budget for the year, with $17 million allocated toward maintenance." (3/15/2017)
Who are some of TransMontaigne Partners L.P.'s key competitors?
Some companies that are related to TransMontaigne Partners L.P. include CONE Midstream Partners LP (CNNX), Crestwood Midstream Partners LP (CMLP), NuStar GP Holdings, LLC (NSH), PBF Logistics LP (PBFX), Penntex Midstream Partners LP (PTXP), Martin Midstream Partners L.P. (MMLP), American Midstream Partners LP (AMID), World Point Terminals LP (WPT), Arc Logistics Partners LP (ARCX), Blueknight Energy Partners L.P. (BKEP), Azure Midstream Pa Com Unit Ltd Partner Int (AZUR), Columbia Pipeline Group (CPGX), Columbia Pipeline Partners LP (CPPL), Dakota Plains Holdings (DAKP), JP Energy Partners LP (JPEP), Niska Gas Storage Partners LLC (NKA), QEP Midstream Partners LP (QEPM) and Spectra Energy Corp. (SE).
Who owns TransMontaigne Partners L.P. stock?
TransMontaigne Partners L.P.'s stock is owned by a variety of of retail and institutional investors. Top institutional investors include OppenheimerFunds Inc. (14.90%), First Eagle Investment Management LLC (4.14%), Goldman Sachs Group Inc. (3.33%), River Road Asset Management LLC (2.40%), Bank of America Corp DE (1.76%) and Wells Fargo & Company MN (1.64%). View Institutional Ownership Trends for TransMontaigne Partners L.P..
Who sold TransMontaigne Partners L.P. stock? Who is selling TransMontaigne Partners L.P. stock?
TransMontaigne Partners L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Goldman Sachs Group Inc., River Road Asset Management LLC, Renaissance Technologies LLC, California Public Employees Retirement System, Morgan Stanley, United Capital Financial Advisers LLC and OppenheimerFunds Inc.. View Insider Buying and Selling for TransMontaigne Partners L.P..
Who bought TransMontaigne Partners L.P. stock? Who is buying TransMontaigne Partners L.P. stock?
TransMontaigne Partners L.P.'s stock was purchased by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, First Eagle Investment Management LLC, Tiedemann Wealth Management LLC, First Trust Advisors LP, Shell Asset Management Co., UBS Group AG, KCG Holdings Inc. and Stifel Financial Corp. View Insider Buying and Selling for TransMontaigne Partners L.P..
How do I buy TransMontaigne Partners L.P. stock?
Shares of TransMontaigne Partners L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of TransMontaigne Partners L.P. stock cost?
One share of TransMontaigne Partners L.P. stock can currently be purchased for approximately $44.04.
Earnings History for TransMontaigne Partners L.P. (NYSE:TLP)Earnings History by Quarter for TransMontaigne Partners L.P. (NYSE:TLP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/9/2017||Q1 2017||$0.64||$0.62||$43.35 million||$44.85 million||View||Listen|
|3/14/2017||Q4 2016||$0.66||$0.65||$41.41 million||$42.50 million||View||N/A|
|11/8/2016||Q3 2016||$0.46||$0.58||$40.39 million||$40.60 million||View||Listen|
|8/9/2016||Q2||$0.49||$0.50||$39.80 million||$41.14 million||View||N/A|
|5/5/2016||Q116||$0.53||$0.41||$39.29 million||$40.63 million||View||N/A|
|3/10/2016||Q415||$0.46||$0.60||$38.55 million||$40.31 million||View||Listen|
|11/5/2015||Q315||$0.54||$0.37||$38.30 million||$37.30 million||View||N/A|
|8/6/2015||Q215||$0.70||$0.64||$41.55 million||$37.00 million||View||N/A|
|5/7/2015||Q115||$0.57||$0.51||$39.40 million||$37.90 million||View||N/A|
|3/12/2015||Q414||$0.55||$0.26||$38.40 million||$36.95 million||View||N/A|
|11/7/2014||Q314||$0.53||$0.29||$37.50 million||$35.70 million||View||N/A|
|8/7/2014||Q214||$0.53||$0.56||$37.16 million||$39.40 million||View||N/A|
|5/6/2014||$0.56||$0.46||$41.28 million||$38.05 million||View||N/A|
|3/11/2014||Q413||$0.39||$0.45||$40.27 million||$40.20 million||View||N/A|
|8/6/2013||Q2 2013||$0.59||$0.47||$40.92 million||$38.70 million||View||N/A|
|5/7/2013||Q1 2013||$0.65||$0.70||$41.17 million||$41.60 million||View||N/A|
Earnings Estimates for TransMontaigne Partners L.P. (NYSE:TLP)
Current Year EPS Consensus Estimate: $2.65 EPS
Next Year EPS Consensus Estimate: $2.66 EPS
Current Dividend Information for TransMontaigne Partners L.P. (NYSE:TLP)
|Most Recent Dividend:||5/8/2017|
|Dividend Growth:||2.00% (3 Year Average)|
|Payout Ratio:||135.89% (Trailing 12 Months of Earnings) |
107.17% (Based on This Year's Estimates)
106.77% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for TransMontaigne Partners L.P. (NYSE:TLP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for TransMontaigne Partners L.P. (NYSE:TLP)
Insider Ownership Percentage: 20.40%Insider Trades by Quarter for TransMontaigne Partners L.P. (NYSE:TLP)
Institutional Ownership Percentage: 61.54%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/1/2016||Ngl Energy Partners Lp||Major Shareholder||Sell||3,166,704||$35.50||$112,417,992.00|| |
Headline Trends for TransMontaigne Partners L.P. (NYSE:TLP)
Latest Headlines for TransMontaigne Partners L.P. (NYSE:TLP)
|TransMontaigne Partners L.P. (TLP) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - May 17 at 8:58 AM
|TransMontaigne Partners L.P. (TLP) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - May 13 at 7:52 AM
|$45.28 Million in Sales Expected for TransMontaigne Partners L.P. (TLP) This Quarter|
www.americanbankingnews.com - May 12 at 3:44 PM
|Edited Transcript of TLP earnings conference call or presentation 9-May-17 2:00pm GMT|
finance.yahoo.com - May 12 at 2:24 AM
|TransMontaigne Partners L.P. (TLP) Releases Earnings Results, Misses Estimates By $0.02 EPS|
www.americanbankingnews.com - May 10 at 3:10 PM
|TransMontaigne Partners L.P. (TLP) Expected to Announce Earnings of $0.65 Per Share|
www.americanbankingnews.com - May 10 at 7:42 AM
|TransMontaigne Partners Announces First Quarter 2017 Results|
finance.yahoo.com - May 9 at 10:04 AM
|TransMontaigne Partners L.P. Schedules Conference Call to Discuss Its First Quarter 2017 Financial Results|
finance.yahoo.com - May 5 at 12:18 AM
|TransMontaigne Partners L.P. (TLP) Earns Media Sentiment Rating of 0.34|
www.americanbankingnews.com - May 2 at 7:00 PM
|TransMontaigne Partners L.P. (TLP) Scheduled to Post Earnings on Wednesday|
www.americanbankingnews.com - May 1 at 6:24 PM
|TransMontaigne Partners L.P. (TLP) Given Daily Media Impact Rating of 0.34|
www.americanbankingnews.com - April 27 at 1:10 PM
|TransMontaigne Partners LP : TLP-US: Dividend Analysis : April 28th, 2017 (record date) : By the numbers : April 26, 2017|
finance.yahoo.com - April 26 at 4:41 PM
|TransMontaigne Partners L.P. (TLP) Receives Daily Media Impact Score of -0.12|
www.americanbankingnews.com - April 24 at 2:18 PM
|Zacks: Brokerages Anticipate TransMontaigne Partners L.P. (TLP) Will Announce Quarterly Sales of $43.58 Million|
www.americanbankingnews.com - April 21 at 3:12 PM
|TransMontaigne Partners L.P. (TLP) Receiving Somewhat Critical News Coverage, Study Shows|
www.americanbankingnews.com - April 21 at 7:53 AM
|Zacks: Brokerages Expect TransMontaigne Partners L.P. (TLP) Will Post Earnings of $0.65 Per Share|
www.americanbankingnews.com - April 19 at 10:43 AM
|TransMontaigne Partners L.P. (TLP) Declares Dividend Increase - $0.73 Per Share|
www.americanbankingnews.com - April 18 at 5:17 PM
|Stifel Nicolaus Reiterates Hold Rating for TransMontaigne Partners L.P. (TLP)|
www.americanbankingnews.com - April 18 at 7:52 AM
|TransMontaigne Partners L.P. Announces $0.015 Increase in Quarterly Distribution|
finance.yahoo.com - April 17 at 7:07 PM
|TransMontaigne Partners L.P. (TLP) Receives Media Impact Score of 0.11|
www.americanbankingnews.com - April 17 at 4:39 PM
|Somewhat Negative Press Coverage Likely to Effect TransMontaigne Partners L.P. (TLP) Stock Price|
www.americanbankingnews.com - April 13 at 1:58 PM
|TransMontaigne Partners L.P. (TLP) Lifted to Buy at Stifel Nicolaus|
www.americanbankingnews.com - April 13 at 9:14 AM
|TransMontaigne Partners L.P. (TLP) Stock Rating Lowered by Stifel Nicolaus|
www.americanbankingnews.com - April 12 at 10:15 PM
|TransMontaigne Partners L.P. (TLP) Stock Rating Reaffirmed by FBR & Co|
www.americanbankingnews.com - March 21 at 11:04 AM
|TransMontaigne Partners L.P. (TLP) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - March 20 at 12:07 PM
|TRANSMONTAIGNE PARTNERS L.P. Financials|
finance.yahoo.com - March 18 at 2:04 AM
|Stifel Downgrades Transmontaigne Partners LP (TLP) to Hold - StreetInsider.com|
www.streetinsider.com - March 16 at 2:46 AM
|Stifel Downgrades Transmontaigne Partners L.P. (TLP) to Hold|
www.streetinsider.com - March 15 at 9:46 PM
|Transmontaigne Partners downgraded by Stifel|
finance.yahoo.com - March 15 at 9:46 PM
|TransMontaigne Partners' (TLP) CEO Fred Boutin on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha|
seekingalpha.com - March 15 at 8:12 AM
|Edited Transcript of TLP earnings conference call or presentation 14-Mar-17 3:00pm GMT|
finance.yahoo.com - March 15 at 12:46 AM
|TransMontaigne Partners (TLP) Flat on Earnings Expectations|
www.baystreet.ca - March 14 at 7:46 PM
|8:56 am Transmontaigne Partners beats by $0.09, beats on revs; amends credit facility|
us.rd.yahoo.com - March 14 at 7:46 PM
|TRANSMONTAIGNE PARTNERS L.P. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements|
biz.yahoo.com - March 14 at 7:46 PM
|Q4 2016 TransMontaigne Partners LP Earnings Release - Before Market Open|
biz.yahoo.com - March 14 at 9:02 AM
|TRANSMONTAIGNE PARTNERS L.P. Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 14 at 9:02 AM
|TransMontaigne Announces Fourth Quarter and Full Year 2016 Results and the Filing of its 2016 Annual Report on Form 10-K|
finance.yahoo.com - March 14 at 9:02 AM
|TransMontaigne Partners L.P. Schedules Timing of Fourth Quarter and Full-Year 2016 Financial Results and Conference Call|
finance.yahoo.com - March 8 at 10:43 PM
|Form 4 TransMontaigne Partners For: Feb 08 Filed by: BOUTIN FREDERICK W|
www.streetinsider.com - February 11 at 5:33 AM
|Form 4 TransMontaigne Partners For: Feb 08 Filed by: Pound Gregory J|
www.streetinsider.com - February 10 at 6:04 AM
|TransMontaigne Partners L.P. (TLP) Ex-Dividend Date Scheduled ... - Nasdaq|
www.nasdaq.com - January 27 at 6:15 AM
|TRANSMONTAIGNE PARTNERS L.P. Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - January 18 at 1:14 AM
|4:37 am Transmontaigne Partners raises quarterly distribution by $0.01 to $0.71 per unit|
finance.yahoo.com - January 17 at 10:42 AM
|TransMontaigne Partners L.P. Announces Increase in Quarterly Distribution|
finance.yahoo.com - January 16 at 7:58 PM
|Biggest Movers in Transportation Stocks Now – DGAS CYRX TLP NBLX - Investorplace.com|
investorplace.com - December 13 at 1:31 AM
|12 Oil Gas & Consumable Fuels Stocks to Buy Now - Investorplace.com|
investorplace.com - November 18 at 11:21 AM
TransMontaigne Partners L.P. (TLP) Chart for Wednesday, May, 24, 2017