Tallgrass Energy
OverviewSuggest Edit
The Tallgrass Energy family is comprised of Tallgrass Energy Partners, LP, a publicly traded master limited partnership (NYSE: TEP), and Tallgrass Development, LP. Through those two holding companies, we currently provide natural gas transportation and storage services for customers in the Rocky Mountain and Midwest regions of the United States through our pipelines and natural gas processing assets. Please click the "Assets" tab to learn more about the respective assets owned by Tallgrass Energy Partners, LP and Tallgrass Development, LP.
| Type | Public | |
| Founded | 2012 | |
| HQ | Leawood, KS, US | Map |
| Website | tallgrassenergy.com | |
| Employee Ratings | More |
Key People/Management at Tallgrass Energy
William R. Moler
Chief Executive Officer
Matthew P. Sheehy
President
Christopher R. Jones
Executive VP, General Counsel and Secretary
Gary D. Watkins
Executive VP, Chief Financial Officer and Chief Accounting Officer
Tallgrass Energy Office Locations
Tallgrass Energy has an office in Leawood
Leawood, KS, US (HQ)
4200 W 115th St #350
Tallgrass Energy Financials and Metrics
Tallgrass Energy Revenue
Tallgrass Energy's revenue was reported to be $868.55 m in FY, 2019
| USD | |
|---|---|
Revenue (FY, 2019) | 868.5m |
Net income (FY, 2019) | 248.8m |
EBIT (FY, 2019) | 352.8m |
Market capitalization (20-Apr-2020) | 6.3b |
Closing stock price (20-Apr-2020) | 22.4 |
Cash (31-Dec-2019) | 9.4m |
EV | 9.7b |
Tallgrass Energy's current market capitalization is $6.3 b.
Annual
Quarterly
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 114.7m | 133.0m | 138.2m | 145.4m | 146.9m | 152.1m | 144.4m | 160.9m | 175.9m | 179.1m | 193.6m | 200.3m | 197.4m | 211.5m | 226.7m |
Cost of goods sold | 19.6m | 17.2m | 18.2m | 13.6m | 16.0m | 18.6m | 12.4m | 19.4m | 27.0m | 26.4m | 27.7m | ||||
Gross profit | 95.1m | 115.8m | 120.0m | 131.8m | 131.0m | 133.5m | 132.0m | 141.5m | 148.9m | 152.7m | 165.9m | ||||
Gross profit Margin, % | 83% | 87% | 87% | 91% | 89% | 88% | 91% | 88% | 85% | 85% | 86% |
Annual
Quarterly
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 876.0k | 2.3m | 19.0m | 3.8m | 2.6m | 1.4m | 2.1m | 873.0k | 3.3m | 4.3m | 5.0m | 5.5m | 15.0m | 9.4m | 16.0m |
Accounts Receivable | 46.3m | 51.5m | 52.9m | 53.3m | 53.0m | 53.1m | 57.3m | 58.2m | 95.6m | 131.4m | 214.0m | 235.7m | 227.3m | ||
Prepaid Expenses | 2.7m | 3.8m | 3.7m | 2.9m | 3.6m | 3.8m | 6.8m | 7.2m | 3.4m | 11.0m | 18.2m | ||||
Inventories | 12.7m | 15.2m | 14.1m | 13.7m | 14.8m | 13.4m | 15.6m | 11.2m | 10.2m | 32.1m | 21.1m | 29.3m | 28.0m | 32.7m | 41.0m |
Annual
Quarterly
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 23.0m | 73.6m | 119.7m | 40.6m | 125.2m | 182.0m | 67.2m | 146.4m | 317.2m | 114.3m | 224.0m | 342.7m | 50.6m | 228.6m | 357.1m |
Depreciation and Amortization | 21.6m | 44.7m | 64.8m | 23.0m | 46.3m | 69.0m | 23.7m | 47.9m | 73.1m | 27.6m | 57.0m | 86.1m | 32.8m | 67.4m | 100.8m |
Inventories | (2.8m) | (6.1m) | (5.3m) | (508.0k) | (1.7m) | (867.0k) | |||||||||
Accounts Payable | 6.5m | 2.4m | 6.9m | (2.2m) | (2.4m) | 4.7m | (6.1m) | 3.2m | 42.7m | 16.4m | 106.6m | 104.9m | (46.2m) | (29.4m) | (8.3m) |
Tallgrass Energy Cybersecurity Score
Tallgrass Energy Environment, Social & Governance (ESG) Ratings
Tallgrass Energy Online and Social Media Presence
297 Twitter followers
Tallgrass Energy has 297 Twitter Followers. The number of followers has decreased 1.1% month over month and increased 0.3% quarter over quarter
Tallgrass Energy's Trends
Tallgrass Energy News and Updates
December 17, 2019
Enagas to invest $836 million in Tallgrass Energy
Spain's Enagas said on
Tuesday it has agreed to invest $836 million in U.S. oil and gas
pipeline operator Tallgrass Energy, as part of a
takeover involving other investors.
The group of investors, which includes Blackstone
Infrastructure Partners and Singapore's sovereign wealth fund,
will buy out T…
September 20, 2019
Tallgrass Energy Holder Wants Sweeter Offer From Blackstone to Go Private
Tallgrass has been trading above the $19.50 offer, which in some instances signals expectations of a sweetened bid.
August 28, 2019
Tallgrass Energy shares rocket 35% after Blackstone buyout offer
Tallgrass Energy LP shares soared 35% Wednesday, after the Leawood, Kansas-based energy infrastructure company said it has received a buyout offer from Blackstone Infrastructure Partners and affiliates for $19.50 a share in cash. The price offers a roughly 36% premium over Tallgrass Energy's closin…
January 31, 2019
Blackstone to take controlling stake in Tallgrass Energy for $3.3 billion
U.S. private equity firm Blackstone Group LP said on Thursday it would buy a controlling stake in midstream energy company Tallgrass Energy LP for $3.3 billion.
January 31, 2019
UPDATE 1-Blackstone to take controlling stake in Tallgrass Energy for $3.3 bln
U.S. private equity firm Blackstone Group
LP said on Thursday it would buy a controlling stake in
midstream energy company Tallgrass Energy LP for $3.3
billion.
January 31, 2019
Blackstone to take controlling interest in Tallgrass Energy for $3.3 billion
Private equity firm Blackstone Group LP said it would buy a controlling interest in midstream energy company Tallgrass Energy LP for $3.3 billion.
Tallgrass Energy Frequently Asked Questions
When was Tallgrass Energy founded?
Tallgrass Energy was founded in 2012.
Who are Tallgrass Energy key executives?
Tallgrass Energy's key executives are William R. Moler, Matthew P. Sheehy and Christopher R. Jones.
How many employees does Tallgrass Energy have?
Tallgrass Energy has 800 employees.
What is Tallgrass Energy revenue?
Latest Tallgrass Energy annual revenue is $868.5 m.
What is Tallgrass Energy revenue per employee?
Latest Tallgrass Energy revenue per employee is $1.1 m.
Who are Tallgrass Energy competitors?
Competitors of Tallgrass Energy include EnLink Midstream, Summit Midstream Partners and SemGroup.
Where is Tallgrass Energy headquarters?
Tallgrass Energy headquarters is located at 4200 W 115th St #350, Leawood.
Where are Tallgrass Energy offices?
Tallgrass Energy has an office in Leawood.
How many offices does Tallgrass Energy have?
Tallgrass Energy has 1 office.
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