TransMontaigne

{{confused|Montaigne (disambiguation){{!}}Montaigne|Trans-mountain (disambiguation){{!}}TransMountain}}

{{Infobox company

| name = TransMontaigne GP LLC

| hq_location_city = Denver, Colorado

| hq_location_country = United States

| type = Subsidiary

| parent = {{ubl|Morgan Stanley (2006-2014)|NGL Energy (2014-2016)|ArcLight Capital Partners (from 2016)}}

}}

{{Infobox company

| name = TransMontaigne Partners L.P.

| logo = File:TransMontaigne logo.png

| traded_as = {{NYSE|TLP}}

| founded = {{start date and age|2005|02}}

| hq_location_city = Denver, Colorado

| hq_location_country = United States

| key_people = Frederick Boutin (CEO)

}}

TransMontaigne GP LLC., formerly NYSE:TMG, is an oil pipeline and terminal company based in Denver, Colorado. In 2006, it was the 269th largest company in the United States{{cite news |url=https://money.cnn.com/magazines/fortune/fortune500/snapshots/1452.html |title=TMG - TransMontaigne - Fortune 500 |publisher = Fortune|access-date=2007-12-05 | work=CNN}} and as of 2012 it was the 17th largest privately owned company.{{cite news |url=https://www.forbes.com/largest-private-companies/list/ |title=Forbes - The Largest Private Companies List 2012 |access-date=2013-01-17 | work=Forbes}} On September 1, 2006, it became a wholly owned subsidiary of Morgan Stanley, and subsequently delisted from the New York Stock Exchange. In 2014, Morgan Stanley sold TransMontaigne to NGL Energy.{{Cite news| issn = 0099-9660| last = Baer| first = Justin| title = Morgan Stanley to Sell Oil Business TransMontaigne to NGL Energy| work = Wall Street Journal| access-date = 2016-05-15| date = 2014-06-09| url = https://www.wsj.com/articles/morgan-stanley-sells-stake-in-transmontaigne-to-ngl-1402316959}} In February 2016 NGL sold TransMontaigne GP LLC to ArcLight Capital Partners for $350 million in cash{{Cite news|url=https://exithub.com/arclight-acquires-transmontaigne-from-ngl-energy-for-350-million/|title=ArcLight Acquires TransMontaigne From NGL Energy For $350 Million|date=2016-01-08|work=ExitHub|access-date=2017-12-16|language=en-US}} with Gulf TLP Holdings LLC an affiliate of ArcLight holding a controlling interest.{{Cite web|url=https://www.oilandgasinvestor.com/ngl-energy-partners-closes-sale-transmontaigne-gp-ownership-interests-837446|title=NGL Energy Partners Closes Sale Of TransMontaigne GP Ownership Interests|website=Oil and Gas Investor|date=2 February 2016 |language=en|access-date=2017-12-16}}

TransMontaigne Partners L.P. ({{NYSE|TLP}}) is a publicly traded Delaware limited partnership formed by TransMontaigne Inc. in February 2005.{{Cite web|url=https://money.cnn.com/quote/profile/profile.html?symb=TLP|title=TLP - TransMontaigne Partners LP Company Profile - CNNMoney.com|website=money.cnn.com|access-date=2017-12-16}} TransMontaigne Partners is a terminal operating and transportation company, headquartered in Denver. It has operations along the Gulf Coast, in Brownsville, Texas, along the Mississippi and Ohio Rivers and in the U.S. Midwest and East Coast. Terminals are located in Alabama, Arkansas, Florida, Georgia (U.S. state), Indiana, Kentucky, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Texas, and Virginia. Additional offices are located in Mount Pleasant, TX, and Roswell, GA. The current Chief executive officer is Frederick Boutin.{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=35719|title=TransMontaigne LLC: Private Company Information - Bloomberg|website=www.bloomberg.com|access-date=2017-12-16}}

References

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