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, US
Websitetallgrassenergylp.com

Latest Updates

Employees (est.) (Dec 2018)750
Job Openings19
Revenue (FY, 2018)$793.3 M(+21%)
Share Price (Jun 2019)$23.6

Key People/Management at Tallgrass Energy

Gary J. Brauchle

Gary J. Brauchle

Executive VP and Chief Financial Officer
William R. Moler

William R. Moler

Executive VP and Chief Operating Officer
Christopher R. Jones

Christopher R. Jones

Executive VP, General Counsel and Secretary
Gary D. Watkins

Gary D. Watkins

Vice President and Chief Accounting Officer
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Tallgrass Energy Office Locations

Tallgrass Energy has an office in Leawood
Leawood, US (HQ)
4200 W 115th St #350
Show all (1)

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
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

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, 2019

Revenue

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

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, 2018

Cash

867.0k2.2m2.6m9.6m

Accounts Receivable

38.8m120.0m236.1m

Inventories

19.8m21.6m34.3m

Current Assets

157.3m291.8m
Annual
usdFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

188.0m243.0m224.0m467.7m

Depreciation and Amortization

87.6m91.9m98.5m117.4m

Inventories

(5.2m)(938.0k)

Accounts Payable

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

Net Income

23.0m50.6m119.7m40.6m125.2m182.0m67.2m146.4m317.2m114.3m224.0m342.7m102.4m

Depreciation and Amortization

20.6m20.4m64.8m23.0m46.3m69.0m23.7m47.9m73.1m27.6m57.0m86.1m32.8m

Inventories

15.2m(5.3m)(508.0k)(1.7m)867.0k15.6m

Accounts Payable

28.6m6.9m(2.2m)(2.4m)4.7m(6.1m)3.2m42.7m16.4m106.6m104.9m(46.2m)
USDY, 2019

EV/EBIT

141.2 x

EV/CFO

69.2 x

EV/FCF

122.9 x

Financial Leverage

2.6 x
Show all financial metrics

Tallgrass Energy Online and Social Media Presence

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Tallgrass Energy News and Updates

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.

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…

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…

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.