TransMontaigne: 6.75% Yield, 1.6x Coverage, A Record Q1 And Excellent Prospects [Seeking Alpha]
TRANSMONTAIGNE PARTNERS (TLP)
Last transmontaigne partners earnings: 11/8 08:24 am
Check Earnings Report
US:NYSE Investor Relations:
transmontaignepartners.com/investors/presentations
Company Research
Source: Seeking Alpha
Summary TransMontaigne Partners (NYSE: TLP ) is on a roll. Years of conservative management while under the control of entities not really interested in growing the partnership have put the outfit in a nice spot since ArcLight Capital bought the GP over one year ago. The results are showing up in rising distributions and excellent financial results. The future looks bright. Earnings Let's start with a look at the excellent Q1 EPS report delivered earlier this month. Highlights include: Revenue up 10.6% yoy. Net income of $13 million - up 49% yoy. EBITDA of @3.7 million up 13.3% yoy. Distributable cash flow ("DCF") of $23.5 million was up 23%. The $0.725/share quarterly distribution was covered by 1.6x and was up 6.6% yoy. That's a very solid report no matter how you slice it. Operations The financial results were goosed by an additional 1.2 million barrels of new tank capacity in service at TLP's Collins Phase I expansion pr
Show less
Read more
Impact Snapshot
Event Time:
TLP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TLP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TLP alerts
High impacting TRANSMONTAIGNE PARTNERS news events
Weekly update
A roundup of the hottest topics