TransMontaigne Partners L.P. (TLP)

Dividend

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 the highest estimates for next year, their dividend will consume 90% of their earnings. I'll buy back in when it drops below $17 and when their dividend is reduced to a more reasonable level.

div

Going with the concensus on this one. They seem to be in an excellent postion and have appered to ride out this storm intact. Definitely a long term play.

great debt-to-assets ratio, great cash flow, great dividend.

fair value~~$62.03

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 seven coastal terminal and storage facilities in the growing Florida population base. Conservative operational and fiscal posture make the 13.5% dividend look secure. You are certainly being paid to wait for the stock price to return to more normal PE levels.

The pitch for this stock can be found on the Stinky Feet discussion board at http://boards.fool.com/Message.asp?mid=27337875 . Stop by and let us know what you think of this stock.

Revenue Growth is phenomenal and long term debt is 1/3 the industry standard. Looking at the numbers, TLP is a long term winner!

Depressed price, low p/e (5.7), relatively safe earnings over the next year, and high stable dividend. What more can you ask for right now?

Pipeline stock

Figured since I like 'em so much I'd add a few more. =)

Let's see how picking a high-yield pipeline company does in this current debt-unfriendly, commodity dropping environment. Might be a bit early, but there are another 5 or 6 companies just like this one I can pick on each successive drop :-)

dividend

undervalued mlp

Works with the oil companys, but is in the transportation company, being located in denver it has to transport the life line of the public, with cost coing up, and the large amount of people in the area it will make great profits in the next year or two

This has been a dividend machine and looks to continue, as the demand for oil and oil-related services isn't likely to dwindle any time soon.

All glory to The Hypno Toad