10-01-2013, 03:49 PM
TGP is providing what may be a decent entry price for anyone who is interested. The company announced a public offering and the market has reacted in a predictable way by driving down the share price. In after hours trading, shares are off by $1.86. The shares yield over 6% and the fleet has long term contracts with no exposure to the spot market for a couple of years.
Alex