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FAQ

  1. In which companies does TTNGL own shares?
    TTNGL holds a 39% ownership stake in Phoenix Park Gas Processors Limited (PPGPL). PPGPL operates in the natural gas liquids (NGL) processing and NGLs marketing business, and it plays a vital role in the region’s energy sector.
  2. Where can I learn more about PPGPL?
    You can learn more about PPGPL from its website: ppgpl.com
  3. In which industry is TTNGL invested?
    Through its shareholding in Phoenix Park Gas Processors Limited, TTNGL is invested in the energy sector, primarily in the processing and marketing of natural gas liquids (NGLs). PPGPL’s operations impact several industries, including energy, petrochemicals, and manufacturing, as processed gas and NGLs serve as feedstock for these sectors.
  4. How can I buy shares in TTNGL?
    Shares in TTNGL can be purchased on the Trinidad and Tobago Stock Exchange (TTSE) through licensed brokers. The TTSE website provides a list of authorised brokers, and once you open a brokerage account, you can place an order to buy TTNGL shares.
  5. How do I earn from buying TTNGL’s shares?
    You earn from dividends paid. A dividend is a portion of a company’s earnings paid to shareholders as a return on their investment based on the company’s financial performance. The payment and value of dividends are not guaranteed, and can vary depending on profitability, market conditions, and balance sheet strength of the company. Appreciation in TTNGL’s share price also contributes to growth in a shareholder’s overall return on investment.
  6. How does TTNGL generate income?
    TTNGL primarily generates income through its share of profit from its investment in PPGPL. PPGPL in turn derives its income from processing natural gas to extract valuable NGLs and marketing and selling these products locally and internationally. PPGPL’s earnings are directly linked to the global demand for NGLs, which are used in various industries, including petrochemicals and fuel production. TTNGL generates cash flow through dividend payments received from PPGPL. These cash resources are used by TTNGL to distribute approved dividends to its shareholders.
  7. What factors contribute to TTNGL’s performance?
    TTNGL’s performance is influenced by several factors, including global energy market trends, the demand for natural gas liquids and fluctuations in energy prices, which all impact the operational performance of its sole asset, PPGPL.
  8. How does TTNGL benefit the economy of Trinidad and Tobago?
    TTNGL provides the citizens of Trinidad and Tobago with an opportunity to invest in the vital energy sector. Through its investment in PPGPL, TTNGL is contributing to the country’s export earnings and the national purse. Additionally, dividends paid to shareholders also support the financial well-being of local investors.