Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Can New Ownership Add A Spark To Transmontaigne Partners LP?

Change can be a scary thing for a business like TransMontaigne Partners LP (NYSE:TLP), whose terminaling and storage operations generally thrive on consistency. With Morgan Stanley's (NYSE:MS) Morgan Stanley Capital Corp. closing in on a sale of its GP interest in the MLP (and likely its stake in the LP units as well), though, investors should hope that a motivated new owner can do more with these assets and bring in some growth.

Up roughly 20% move over the last three months, I don't think TransMontaigne has been trading just on the prospects of new ownership. Other terminal operators like Magellan Midstream Partners LP (NYSE:MMP), Sunoco Logistics Partners LP (NYSE:SXL), and ...

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