TransMontaigne Partners L.P. Announces $0.015 Increase in Quarterly Distribution

TransMontaigne Partners L.P. (NYSE:TLP) announced today that it declared
a distribution of $0.755 per unit for the period from July 1, 2017
through September 30, 2017, representing a $0.015 increase over the
previous quarter. The distribution is payable on October 31, 2017 to
unitholders of record on October 23, 2017.

“This marks our eighth consecutive quarter of distribution growth, and
reflects a 2.0% increase over the previous quarter and a 7.9% increase
over the distribution paid for the third quarter of 2016,” said Fred
Boutin, Chief Executive Officer of TransMontaigne Partners. “The
continued rate of distribution growth is supported by the success we
have achieved in placing our Collins Phase I expansion project fully
online, along with the overall stability of our operations and cash
flows.”

About TransMontaigne Partners L.P.

TransMontaigne Partners L.P. is a terminaling and transportation company
based in Denver, Colorado with 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. We provide integrated
terminaling, storage, transportation and related services for customers
engaged in the distribution and marketing of light refined petroleum
products, heavy refined petroleum products, crude oil, chemicals,
fertilizers and other liquid products. Light refined products include
gasolines, diesel fuels, heating oil and jet fuels; heavy refined
products include residual fuel oils and asphalt. We do not purchase or
market products that we handle or transport. News and additional
information about TransMontaigne Partners L.P. is available on our
website: www.transmontaignepartners.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171013005674/en/

News by QuoteMedia

www.quotemedia.com