TransMontaigne Announces Second Quarter Results
TRANSMONTAIGNE PARTNERS (TLP)
Last transmontaigne partners earnings: 11/8 08:24 am
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US:NYSE Investor Relations:
transmontaignepartners.com/investors/presentations
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Source: Business Wire
Revenue for the second quarter of 2018 totaled $55.3 million, compared to $45.4 million in the prior year second quarter Achieved record levels of Consolidated EBITDA for the second quarter of 2018 that totaled $33.8 million, compared to $28.8 million in the prior year second quarter Increased the quarterly cash distribution for the eleventh consecutive quarter to $0.795, reflecting a 7.4% increase over the prior year quarterly distribution Distributable cash flow for the second quarter of 2018 totaled $21.2 million, with aggregate distributions of $16.9 million, resulting in quarterly distribution coverage of 1.25x Leverage as of June 30, 2018 was 4.41x DENVER--(BUSINESS WIRE)-- TransMontaigne Partners L.P. (NYSE:TLP) (the Partnership, we, us, our) today announced second quarter 2018 financial and operating results.
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