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.
TypePublic
Founded2012
HQLeawood, KS, US
Websitetallgrassenergy.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)800(+7%)
Job Openings31
Revenue (FY, 2019)$868.5 M(+10%)
Share Price (Apr 2020)$22.4
Cybersecurity ratingBMore
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Key People/Management at Tallgrass Energy

William R. Moler

William R. Moler

Chief Executive Officer
Matthew P. Sheehy

Matthew P. Sheehy

President
Christopher R. Jones

Christopher R. Jones

Executive VP, General Counsel and Secretary
Gary D. Watkins

Gary D. Watkins

Executive VP, Chief Financial Officer and Chief Accounting Officer
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Tallgrass Energy Office Locations

Tallgrass Energy has an office in Leawood
Leawood, KS, US (HQ)
4200 W 115th St #350
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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
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

292.4m376.8m536.2m605.1m655.9m793.3m868.5m

Revenue growth, %

29%42%13%

Cost of goods sold

75.3m71.9m91.2m

Gross profit

460.9m533.2m564.7m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

114.7m133.0m138.2m145.4m146.9m152.1m144.4m160.9m175.9m179.1m193.6m200.3m197.4m211.5m226.7m

Cost of goods sold

19.6m17.2m18.2m13.6m16.0m18.6m12.4m19.4m27.0m26.4m27.7m

Gross profit

95.1m115.8m120.0m131.8m131.0m133.5m132.0m141.5m148.9m152.7m165.9m

Gross profit Margin, %

83%87%87%91%89%88%91%88%85%85%86%
Annual
USDY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

867.0k2.2m2.6m9.6m9.4m

Accounts Receivable

38.8m120.0m236.1m324.3m

Prepaid Expenses

11.2m11.8m12.5m

Inventories

19.8m21.6m34.3m49.1m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

876.0k2.3m19.0m3.8m2.6m1.4m2.1m873.0k3.3m4.3m5.0m5.5m15.0m9.4m16.0m

Accounts Receivable

46.3m51.5m52.9m53.3m53.0m53.1m57.3m58.2m95.6m131.4m214.0m235.7m227.3m

Prepaid Expenses

2.7m3.8m3.7m2.9m3.6m3.8m6.8m7.2m3.4m11.0m18.2m

Inventories

12.7m15.2m14.1m13.7m14.8m13.4m15.6m11.2m10.2m32.1m21.1m29.3m28.0m32.7m41.0m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

188.0m243.0m224.0m467.7m248.8m

Depreciation and Amortization

87.6m91.9m98.5m117.4m135.5m

Inventories

(5.2m)(938.0k)

Accounts Payable

(7.6m)49.0k84.7m112.5m88.5m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

23.0m73.6m119.7m40.6m125.2m182.0m67.2m146.4m317.2m114.3m224.0m342.7m50.6m228.6m357.1m

Depreciation and Amortization

21.6m44.7m64.8m23.0m46.3m69.0m23.7m47.9m73.1m27.6m57.0m86.1m32.8m67.4m100.8m

Inventories

(2.8m)(6.1m)(5.3m)(508.0k)(1.7m)(867.0k)

Accounts Payable

6.5m2.4m6.9m(2.2m)(2.4m)4.7m(6.1m)3.2m42.7m16.4m106.6m104.9m(46.2m)(29.4m)(8.3m)
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Tallgrass Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Tallgrass Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Tallgrass Energy Online and Social Media Presence

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Tallgrass Energy News and Updates

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…

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.

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…

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.

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.

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.
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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.