TransMontaigne Inc. is a refined petroleum products marketing and distribution company based in Denver with operations in the United States, primarily in the Gulf Coast, Florida, East Coast and Midwest regions.
TransMontaigne, which means across the mountain in French, helps deliver oil to customers for commercial, industrial and transportation companies.
The Company's principal activities consist of (i) terminal, pipeline, tug and barge operations, (ii) marketing and distribution, (iii) supply chain management services and (iv) managing the activities of TransMontaigne Partners L.P. The Company's customers include refiners, wholesalers, distributors, marketers, and industrial and commercial end-users of refined petroleum products.
The company was founded in 1981. In fiscal 2005, TransMontaigne reported revenues of $8.5 billion and net income of $55.8 million.
TransMontaigne Partners L.P. is a Delaware limited partnership recently formed by TransMontaigne Inc. It trades on the NYSE under the symbol TLP. It is a refined petroleum products terminaling and pipeline company based in Denver with operations currently in Florida, Southwest Missouri and Northwest Arkansas.
Updated November 26, 2005