Transmontaigne (TLP) boosted their distribution by a nickle and the stock is up over 1 point. It joins an expanding list of one point winners which now even includes Cheneire LNG (CQP) which has been hit hard over the last few days.
MLP index is now moving higher and playing catch up. It is nearing 290 and up almost 2 points as we head into the last hour.
I own TLP, very difficult to purchase meaningful shares because of its low volumn. God coverage ratio and low D/E. IMO, its one of the better mlps.
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it also has a fabulous name!
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