Transmontaigne is is more a storage and terminal operator than a true pipeline LP, but that is to its advantage, because it lowers the risk profile. It has extensive operations in storage short Florida, which has no interior pipeline system. TLP has… More
TLP pays a great dividend, has managable debt (though more then I like) and has a decent P/E, and was a great buy at $12 back in December. But the stock appears overvalued having doubled in 6 months. Plus, it pays an unsustainable dividend. Even at… More