TransMontaigne Partners L.P. (TLP) Maintains A Hold Rating
By Benzinga Staff
March 09, 2010 3:46 PM
March 09, 2010 3:46 PM
Symbols: TLP
Analysts Selmen Akyol and Justin Kenney at Stifel Nicolaus have released an update on TransMontaigne Partners L.P. (NYSE: TLP).
The company reported results for the fourth-quarter on Monday. TransMontaigne reported distributable cash flow of $9 million, or $0.58 per limited partner unit, compared with $10.3 million, or $0.69 for the same period in the previous year.
Analysts have maintained their prior distribution per unit estimate of $2.36 for 2010, and introduced 2011 distribution per unit estimate at $2.36.
Analysts at Stifel Nicolaus continue to rate TransMontaigne Partners L.P. as a Hold.
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