TransMontaigne Partners (TLP) Misses Q2 EPS by 23c

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Go back to TransMontaigne Partners (TLP) Misses Q2 EPS by 23c

TransMontaigne Announces Second Quarter Results

August 9, 2018 8:24 AM EDT

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... More