TransMontaigne Partners LP is a Delaware limited partnership formed on February 23, 2005 by TransMontaigne LLC. The Company completed its initial public offering on May 27, 2005. The Company is a terminaling and transportation master limited partnership providing integrated terminaling, storage, transportation and related services for customers engaged in the distribution and marketing of petroleum products, crude oil, chemicals, fertilizers and other liquid products. The Company conducts its 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 in five geographical operating segments including Gulf Coast terminals, Midwest terminals and pipeline system, Brownsville terminals, River terminals and Southeast terminals. The Gulf Coast facilities consist of eight refined product terminals, which are all located in Florida. These facilities currently have approximately 6.9 million barrels of aggregate active storage capacity. The Midwest facilities consist of a 67‑mile, interstate refined products pipeline between Missouri and Arkansas which refers to as the Razorback pipeline, and three refined product terminals and one crude oil terminal with approximately 1.6 million barrels of aggregate active storage capacity. The Brownsville contributed approximately 1.5 million barrels of light petroleum product storage capacity, as well as related ancillary facilities. It owns and operates an LPG pipeline from Brownsville facilities to the U.S.‑Mexico Border, which refers to as the diamondback pipeline. It also operates a bi‑directional refined products pipeline for PMI for deliveries to and from Brownsville and Reynosa and Cadereyta, Mexico. The River facilities are composed of 12 refined product terminals located along the Mississippi and Ohio Rivers with approximately 2.7 million barrels of aggregate active storage capacity. Its River facilities also include a dock facility located in Baton Rouge, Louisiana that is connected to the Colonial pipeline. The Southeast facilities consist of 22 refined product terminals located along the Colonial and Plantation pipelines in Alabama, Georgia, Mississippi, North Carolina, South Carolina, and Virginia with an aggregate active storage capacity of approximately 10.0 million barrels. The Company's competitors include BP p.l.c., Buckeye Partners, L.P., Chevron U.S.A. Inc., CITGO Petroleum Corporation, Exxon Mobil Corporation, HollyFrontier Corporation and its affiliate Holly Energy Partners, L.P., Kinder Morgan, Inc., Magellan Midstream Partners, L.P., Marathon Petroleum Corporation and its affiliate MPLX LP, Motiva Enterprises LLC, Murphy Oil Corporation, NuStar Energy L.P., Phillips 66 and its affiliate Phillips 66 Partners LP, Sunoco, Inc. and its affiliate Sunoco Logistics Partners L.P. The Company's business is subject to the jurisdiction of numerous governmental agencies that enforce complex and stringent laws and regulations with respect to a range of environmental, safety and other regulatory matters.
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