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, US | Map |
| Website | tallgrassenergylp.com |
Recent NewsAll News
- UPDATE 1-Blackstone to take controlling stake in Tallgrass Energy for $3.3 bln
- Blackstone to take controlling interest in Tallgrass Energy for $3.3 billion
- Blackstone agrees to buy majority stake in Tallgrass Energy for about $3.3 billion in cash
- Stonepeak Infrastructure in talks to buy Tallgrass Energy - Bloomberg
Key People/Management at Tallgrass Energy
Gary J. Brauchle
Executive VP and Chief Financial Officer
William R. Moler
Executive VP and Chief Operating Officer
Christopher R. Jones
Executive VP, General Counsel and Secretary
Gary D. Watkins
Vice President and Chief Accounting Officer
Tallgrass Energy Office Locations
Tallgrass Energy has an office in Leawood
Leawood, US (HQ)
4200 W 115th St #350
Tallgrass Energy Financials and Metrics
Tallgrass Energy Revenue
Tallgrass Energy's revenue was reported to be $793.26 m in FY, 2018
| USD | |
|---|---|
Revenue (Q1, 2019) | 197.4m |
Net income (Q1, 2019) | 102.4m |
EBIT (Q1, 2019) | 70.5m |
Market capitalization (10-Jun-2019) | 6.6b |
Closing stock price (10-Jun-2019) | 23.6 |
Cash (31-Mar-2019) | 15.0m |
EV | 9.9b |
Tallgrass Energy's current market capitalization is $6.6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 2.3m | 19.0m | 3.8m | 2.6m | 1.4m | 2.1m | 873.0k | 3.3m | 4.3m | 5.0m | 5.5m | 15.0m |
Accounts Receivable | 51.5m | 52.9m | 53.3m | 53.0m | 53.1m | 57.3m | 58.2m | 95.6m | 131.4m | 214.0m | 235.7m | 227.3m |
Inventories | 15.2m | 14.1m | 13.7m | 14.8m | 13.4m | 15.6m | 11.2m | 10.2m | 32.1m | 21.1m | 29.3m | 28.0m |
Current Assets | 73.7m | 90.8m | 74.3m | 75.1m | 98.2m | 82.7m | 78.3m | 113.5m | 184.4m | 255.8m | 290.3m | 288.5m |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 23.0m | 50.6m | 119.7m | 40.6m | 125.2m | 182.0m | 67.2m | 146.4m | 317.2m | 114.3m | 224.0m | 342.7m | 102.4m |
Depreciation and Amortization | 20.6m | 20.4m | 64.8m | 23.0m | 46.3m | 69.0m | 23.7m | 47.9m | 73.1m | 27.6m | 57.0m | 86.1m | 32.8m |
Inventories | 15.2m | (5.3m) | (508.0k) | (1.7m) | 867.0k | 15.6m | |||||||
Accounts Payable | 28.6m | 6.9m | (2.2m) | (2.4m) | 4.7m | (6.1m) | 3.2m | 42.7m | 16.4m | 106.6m | 104.9m | (46.2m) |
| USD | Y, 2019 |
|---|---|
EV/EBIT | 141.2 x |
EV/CFO | 69.2 x |
EV/FCF | 122.9 x |
Financial Leverage | 2.6 x |
Tallgrass Energy Online and Social Media Presence
262 Twitter followers
Tallgrass Energy has 262 Twitter Followers. The number of followers has increased 0.8% month over month and increased 5.4% quarter over quarter
Tallgrass Energy News and Updates
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.
January 31, 2019
Blackstone agrees to buy majority stake in Tallgrass Energy for about $3.3 billion in cash
Blackstone Group L.P. said Thursday its Blackstone Infrastructure Partners unit has agreed to acquire a majority stake in Tallgrass Energy LP for about $3.3 billion in cash. Affiiates of the Singaporean sovereign wealth fund GIC will be a minority investor in the deal, which is expected to close i…
December 19, 2018
Stonepeak Infrastructure in talks to buy Tallgrass Energy - Bloomberg
An investor group that includes Stonepeak
Infrastructure Partners is in talks to buy oil and gas operator
Tallgrass Energy LP, Bloomberg reported https://www.bloomberg.com/news/articles/2018-12-19/stonepeak-infrastructure-is-said-to-consider-deal-for-tallgrass
on Wednesday, citing people familiar wi…
March 26, 2018
BRIEF-Tallgrass Energy GP To Acquire Tallgrass Energy Partners
* TALLGRASS ENERGY ANNOUNCES AGREEMENT FOR TALLGRASS ENERGY
GP TO
ACQUIRE TALLGRASS ENERGY PARTNERS; ANNOUNCES INCREASED QUARTERLY
DISTRIBUTIONS AT TEGP AND TEP
 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 Gary J. Brauchle, William R. Moler and Christopher R. Jones.
How many employees does Tallgrass Energy have?
Tallgrass Energy has 750 employees.
What is Tallgrass Energy revenue?
Latest Tallgrass Energy annual revenue is $793.3 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 SemGroup, ONEOK and ONEOK Partners.
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.