Tallgrass Energy LP (N:TGE)

Business Focus: Oil & Gas Transportation Services

Sector:  Energy Industry:  Oil & Gas Transportation Services
 
See Regulatory Filings on SEC
Company Contact
Address: 4200 W 115th St Ste 350
LEAWOOD KS 66211-2733
Tel: 1-913-9286012
Website: ir-tegp.tallgrassenergylp.com/CorporateProfile
IR: See website
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Key People
William R. Moler
President, Chief Operating Officer, Director of General Partner
David G. Dehaemers
Chief Executive Officer, Director of General Partner
Gary J. Brauchle
Chief Financial Officer, Executive Vice President of General Partner
Gary D. Watkins
Chief Accounting Officer, Vice President of General Partner
Christopher R. Jones
Vice President, General Counsel, Secretary of General Partner
Richard L. Bullock
Vice President - Human Resources, Tax and Risk Management of General Partner
Business Overview
Tallgrass Energy LP, formerly Tallgrass Energy GP, LP, is a limited partnership company, which includes the operations of Tallgrass Equity, LLC (Tallgrass Equity), Tallgrass MLP GP, LLC, Tallgrass Energy Partners, LP (TEP), and TEP's subsidiaries. TEP owns, operates, acquires and develops midstream energy assets in North America. TEP's segments include Crude Oil Transportation & Logistics, which is engaged in the ownership and operation of a crude oil pipeline system, and crude oil storage and terminaling facilities; Natural Gas Transportation & Logistics, which is engaged in the ownership and operation of interstate natural gas pipelines and integrated natural gas storage facilities; Processing & Logistics, which is engaged in the ownership and operation of natural gas processing, treating and fractionation facilities, and the provision of water business services to the oil and gas exploration and production industry, and Corporate and Other.
Financial Overview
For the fiscal year ended 31 December 2018, Tallgrass Energy LP revenues increased 21% to $793.3M. Net income before extraordinary items increased from $44.2M to $137.1M. Revenues reflect Gathering, Processing & Terminalling segment increase of 50% to $252.3M, Crude Oil Transportation & Logistics segment increase of 14% to $405.1M, Natural Gas Transportation & Logistics segment increase of 1% to $135.8M.
Employees: 750 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $10,216M as of Dec 31, 2018
Annual revenue (TTM): $793.26M as of Dec 31, 2018
EBITDA (TTM): $457.02M as of Dec 31, 2018
Net annual income (TTM): $137.13M as of Dec 31, 2018
Free cash flow (TTM): $97.22M as of Dec 31, 2018
Net Debt Last Fiscal Year: $3,196M as of Dec 31, 2018
Shares outstanding: 280,241,654 as of Feb 8, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization