Teekay LNG Partners L.P. (TGP)


 

As I plunged into the MLP universe, I wanted something a little less correlated to my other MLPs to add diversification. Shipping seemed like a natural to me. LNG shipping in particular seems to be on an upward demand trend.

Bought in in April 2012 at $39.18. Sold some in May of 2013 near the top at $44.15 to finance other purchases. It's currently (December 2013) trading around $42.80, with a 52 week range of $37 - $45.40.

I'm up 9.4% and collecting a 6.3% distribution.

 


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Send e-mail to: Todd <todd@thepeaches.com>