Tallgrass Energy LP (N:TGE)

Business Focus: Oil & Gas Transportation Services

May 07, 2019 02:45 am ET
Tallgrass Energy Reports Strong First Quarter 2019 Results
Tallgrass Energy, LP (NYSE: TGE) ("TGE") today reported financial and operating results for the first quarter of 2019.
May 02, 2019 07:29 am ET
Tallgrass Energy Honored by Colorado’s Top Workplaces for Fifth Consecutive Year
Tallgrass Energy, LP (NYSE: TGE) announced today that it was named one of The Denver Post’s Top Workplaces – the fifth consecutive year the company has been named to Top Workplaces. The list is compiled based on a third-party survey that measures aspects of workplace culture through the eyes of employees.
May 01, 2019 01:28 pm ET
Tallgrass Energy Announces Open Season for Further Pony Express Pipeline Expansion
Tallgrass Energy, LP (NYSE: TGE), through its affiliate Tallgrass Pony Express Pipeline, LLC (“Pony Express”), today announced a new project to support crude oil production in northern Weld County, Colorado, near the border between Wyoming and Colorado. The Hereford Project will include approximately 30 miles of new 12-inch pipeline, as well as expanded capacity on the Pony Express system.
Apr 11, 2019 12:15 pm ET
Tallgrass Energy Increases Quarterly Dividend and Announces Date for First Quarter 2019 Financial Results
Tallgrass Energy, LP (NYSE: TGE) today announced its quarterly dividend for the first quarter of 2019. The dividend will be paid on Wednesday, May 15, 2019, to shareholders of record as of the close of business on Tuesday, April 30, 2019.
Mar 18, 2019 12:15 pm ET
Tallgrass Energy Promotes Bill Moler to President and COO
Tallgrass Energy, LP (NYSE: TGE) today announced the promotion of Chief Operating Officer Bill Moler to President effective immediately. David G. Dehaemers Jr. remains CEO and Moler will retain his current COO title.
Mar 14, 2019 06:29 am ET
Tallgrass Energy Extends Pony Express Open Season to Accommodate New Committed Shippers
Tallgrass Energy, LP (NYSE: TGE), through its affiliate Tallgrass Pony Express Pipeline, LLC (“Pony Express”), today announced it has extended and expanded its open season soliciting shipper commitments for crude oil transportation service from origins in Wyoming and Colorado to refinery destinations along the Pony Express system and to Cushing, Okla., to reflect updated rates and contracting options to accommodate newly secured commitments.
Mar 11, 2019 12:15 pm ET
Blackstone Infrastructure Partners Closes Purchase of Controlling Interest in Tallgrass Energy
Tallgrass Energy, LP (NYSE: TGE) and Blackstone (NYSE: BX) today announced that affiliates of Blackstone Infrastructure Partners (“BIP") have closed the purchase of 100 percent of the membership interests in TGE’s general partner, as well as an approximately 44 percent economic interest in Tallgrass Energy from affiliates of Kelso & Company, The Energy & Minerals Group and Tallgrass KC, LLC, an entity owned by certain members of TGE’s management, for total cash consideration of approximately $3.2 billion. Affiliates of GIC, Singapore’s sovereign
Feb 28, 2019 01:45 am ET
Tallgrass Energy Announces Completion of Consent Solicitations for its Senior Notes due 2023, 2024 and 2028
Tallgrass Energy, LP (NYSE: TGE) (“TGE”) announced today that its subsidiaries, Tallgrass Energy Partners, LP and Tallgrass Energy Finance Corp. (together, the “Issuers”), have completed the previously announced solicitation of consents (the “Consent Solicitations”) from holders (the “Holders”) of their outstanding 4.75% Senior Notes due 2023 (“2023 Notes”), their outstanding 5.50% Senior Notes due 2024 (“2024 Notes”), and their outstanding 5.50% Senior Notes due 2028 (“2028 Notes”, together with the 2023 Notes and the 2024 Notes, the “Notes”).
Feb 21, 2019 12:16 pm ET
Tallgrass Energy Announces Consent Solicitation for its Senior Notes due 2023, 2024 and 2028
Tallgrass Energy, LP (NYSE: TGE) (“TGE”) announced today that its subsidiaries, Tallgrass Energy Partners, LP and Tallgrass Energy Finance Corp. (together, the “Issuers”), are soliciting consents (the “Consent Solicitations”) from holders (the “Holders”) of their outstanding 4.75% Senior Notes due 2023 (“2023 Notes”), their outstanding 5.50% Senior Notes due 2024 (“2024 Notes”), and their outstanding 5.50% Senior Notes due 2028 (“2028 Notes”, together with the 2023 Notes and the 2024 Notes, the “Notes”) as of 5:00 p.m. New York City time, on Feb
Feb 21, 2019 03:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Index
DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:...
Feb 21, 2019 03:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index
DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:...
Feb 21, 2019 03:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Transportation Index
DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Transportation Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:...
Feb 21, 2019 03:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Utility Index
DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Utility Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:...
Feb 08, 2019 11:39 am ET
Tallgrass Energy Files Annual Report on Form 10-K
Tallgrass Energy, LP (NYSE: TGE) announced today that it has filed its Annual Report on Form 10-K for the year ended Dec. 31, 2018 with the Securities and Exchange Commission ("SEC").
Jan 31, 2019 01:45 am ET
Blackstone Infrastructure Partners Enters into Definitive Agreement to Acquire Controlling Interest in Tallgrass Energy
Tallgrass Energy, LP (NYSE: TGE) and Blackstone (NYSE: BX) today announced that affiliates of Blackstone Infrastructure Partners (“BIP”) have entered into a definitive agreement with affiliates of Kelso & Co., The Energy & Minerals Group, and Tallgrass KC, LLC, an entity owned by certain members of TGE’s management, to acquire 100% of the membership interests in TGE’s general partner, as well as an approximately 44% economic interest in Tallgrass, for total cash consideration of approximately $3.3 billion. Affiliates of GIC, Singapore’s sovereig
Jan 31, 2019 01:45 am ET
Tallgrass Energy Announces Fourth Quarter & Full Year 2018 Results and 2019 Guidance
Tallgrass Energy, LP (NYSE: TGE) ("TGE") today reported financial and operating results for the fourth quarter and full year 2018.
Jan 22, 2019 01:45 am ET
Tallgrass Energy and Kinder Morgan Announce Exclusive Agreement for Rockies Crude Oil Transportation Service to Downstream Markets
Tallgrass Energy, LP (NYSE: TGE) and Kinder Morgan, Inc. (NYSE: KMI) today announced an agreement to jointly develop a solution to increase existing crude oil takeaway capacity in the growing Powder River and Denver-Julesburg basins and to add incremental capacity to the Williston Basin and portions of Western Canada.
Jan 15, 2019 11:15 am ET
Tallgrass Energy Increases Quarterly Dividend and Announces Date for Fourth Quarter 2018 Financial Results
Tallgrass Energy, LP (NYSE: TGE) today announced its quarterly dividend for the fourth quarter of 2018. The dividend will be paid on Thursday, February 14, 2019, to shareholders of record as of the close of business on Thursday, January 31, 2019.
Dec 26, 2018 03:02 am ET
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index
DALLAS, Dec. 26, 2018 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the "Index"). On October 18, 2018, Index constituent Valero Energy Partners LP (NYSE: VLP) entered into an Agreement and Plan of Merger ("Merger Agreement") with Valero Energy Corporation (NYSE: VLO) and various subsidiaries that would result in VLP common units ceasing to be publicly traded, subject to the approval of the holders of at least a majority of the VLP common units. A subsidiary of VLO that holds a major...
Dec 03, 2018 01:30 am ET
NGL Energy Partners LP Announces Completion of Bakken Saltwater Disposal Business Sale
NGL Energy Partners LP (NYSE:NGL) (“NGL”) today announced that it has closed the previously announced transaction to sell NGL Water Solutions Bakken, LLC, to an affiliate of Tallgrass Energy, LP (NYSE:TGE) for $91 million in cash proceeds. NGL plans to immediately repay indebtedness using the net proceeds from the sale.
Nov 26, 2018 11:15 am ET
Tallgrass Energy Announces Binding Agreement on Seahorse Pipeline, Joint Tariff Open Season and Plaquemines Liquids Terminal Milestone
Tallgrass Energy, LP (NYSE: TGE) (“Tallgrass”) today announced it has signed a binding agreement with an unaffiliated third-party that has the potential to be an anchor shipper and equity partner in Tallgrass’ proposed Seahorse Pipeline, a crude oil pipeline that would run from Cushing, Okla., to both the St. James, La., refining complex and Tallgrass’ planned Plaquemines Liquids Terminal (“PLT”) in Louisiana.
Nov 15, 2018 12:21 pm ET
Tallgrass Energy CEO David Dehaemers Jr. Wins National Entrepreneur Of The Year® 2018 Energy and Natural Resources Award
David Dehaemers Jr., President and CEO of Tallgrass Energy, LP (NYSE: TGE) was nationally recognized with the Entrepreneur Of The Year® 2018 Award in the Energy and Natural Resources category. Tallgrass is based in Leawood, Kan., with its operational office in Lakewood, Colo.
Nov 13, 2018 11:42 am ET
Tallgrass Energy Announces Pony Express Pipeline Expansion
Tallgrass Energy, LP (NYSE: TGE), through its affiliate Tallgrass Pony Express Pipeline, LLC (“Pony Express”), today announced a binding open season soliciting shipper commitments for crude oil transportation service from the Guernsey, Wyo., origin point to refinery delivery points along the Pony Express system and to Cushing, Okla. The open season commences at 12 p.m. Central Standard Time on Nov. 16, 2018, and is expected to conclude on Jan. 18, 2019.
Nov 12, 2018 01:30 am ET
NGL Energy Partners LP Announces Agreement to Sell Its Bakken Saltwater Disposal Business to Tallgrass Energy
NGL Energy Partners LP (NYSE:NGL) (“NGL”, “we”, “our”, or the “Partnership”) today announced that it has entered into a definitive agreement to sell NGL Water Solutions Bakken, LLC to an affiliate of Tallgrass Energy, LP (NYSE:TGE) for $91.0 million in cash proceeds. Proceeds from this transaction will be used to further reduce Partnership indebtedness. NGL’s Bakken water operations include five saltwater disposal wells located in McKenzie and Dunn Counties, North Dakota. The Partnership has made the strategic decision to exit the Bakken
Oct 31, 2018 02:45 am ET
Tallgrass Energy Reports Strong Third Quarter 2018 Results
Tallgrass Energy, LP (NYSE: TGE) ("TGE") today reported financial and operating results for the third quarter of 2018.
Oct 15, 2018 02:29 pm ET
Tallgrass Energy and Silver Creek Midstream Agree to Expand Joint Venture to Transport Powder River Basin Crude Oil Production to Guernsey, Wyo.
Tallgrass Energy, LP (NYSE: TGE) (“Tallgrass”) and Silver Creek Midstream, LLC (“Silver Creek”) announced today that they have agreed to expand their Powder River Basin (“PRB”) joint venture (“Joint Venture”). The expanded Joint Venture, Powder River Gateway, LLC (“Powder River Gateway”), will own the Iron Horse Pipeline (“Iron Horse”), the Powder River Express Pipeline (“PRE”), and crude oil terminal facilities in Guernsey, Wyo. Both Iron Horse and PRE will transport crude oil produced in the PRB from Silver Creek’s Pronghorn Terminal to Guerns
Oct 15, 2018 12:44 pm ET
Tallgrass Energy Increases Quarterly Dividend and Announces Date for Third Quarter 2018 Financial Results
Tallgrass Energy, LP (NYSE: TGE) today announced its quarterly dividend for the third quarter of 2018. The dividend will be paid on Wednesday, November 14, 2018, to shareholders of record as of the close of business on Wednesday, October 31, 2018.
Sep 24, 2018 11:32 am ET
Tallgrass Energy Prices Offering of $500 Million of 4.75% Senior Notes
Tallgrass Energy, LP (NYSE: TGE) announced today that its subsidiaries Tallgrass Energy Partners, LP (“TEP”) and Tallgrass Energy Finance Corp. priced an offering of $500 million in aggregate principal amount of 4.75% senior unsecured notes due 2023 at an offering price equal to 100% of par.
Sep 24, 2018 03:56 am ET
Tallgrass Energy Announces Offering of $400 Million of Senior Notes
Tallgrass Energy, LP (NYSE: TGE) announced today that, subject to market conditions, its subsidiaries Tallgrass Energy Partners, LP (“TEP”) and Tallgrass Energy Finance Corp. intend to offer $400 million aggregate principal amount of senior unsecured notes due 2023 in a private placement to eligible purchasers (“the Notes Offering”).
Sep 14, 2018 04:30 am ET
Alerian Index Series September 2018 Index Review
DALLAS, Sept. 14, 2018 /PRNewswire/ -- Alerian announced the results of the September quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, September 21, 2018....
Sep 11, 2018 08:30 am ET
Tallgrass Energy Announces Investment Grade Credit Ratings for Tallgrass and Rockies Express Pipeline
Tallgrass Energy, LP (NYSE: TGE) today announced that Fitch Ratings has assigned BBB- long-term Issuer Default and Senior Unsecured Ratings to both Tallgrass Energy Partners, LP (TEP), TGE's subsidiary where the Tallgrass family debt is held, and Rockies Express Pipeline LLC (REX). “We are pleased that Fitch has recognized our history and commitment to capitalize Tallgrass and REX for long-term stability and flexibility,” said Tallgrass Executive Vice President and Chief Financial Officer, Gary J. Brauchle. “During the early growth years at Tall
Aug 15, 2018 10:11 am ET
Tallgrass Energy Announces Seahorse Pipeline Open Season
Tallgrass Energy, LP (NYSE: TGE) (“Tallgrass”) today announced an open season soliciting binding shipper commitments for crude oil transportation service on the Seahorse Pipeline (“Seahorse”).
Aug 13, 2018 07:00 am ET
Tallgrass Energy to Participate in Citi MLP/Midstream Infrastructure Conference
Tallgrass Energy, LP (NYSE: TGE) today announced its participation in the Citi MLP/Midstream Infrastructure Conference to be held Aug. 15 – 16, 2018, at The Encore at Wynn in Las Vegas, Nev. The slides used in these discussions will be posted on Tallgrass's website on Aug. 15, 2018. TGE shareholders and other interested parties are invited to view those materials under the investor relations section at
Aug 02, 2018 05:02 am ET
Swank Capital and Cushing® Asset Management Announce a Rebalance of The Cushing® MLP Market Cap Index
DALLAS, Aug. 2, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim rebalance of The Cushing® MLP Market Cap Index (the "Index"). On May 16, 2018, Index constituents The Williams Companies, Inc. (NYSE: WMB) and Willams Partners L.P. (NYSE: WPZ) entered into an Agreement and Plan of Merger wherein WMB would acquire WPZ, subject to the consent of WPZ unitholders and the approval of the issuance of additional WMB stock by WMB shareholders. An affiliated company of WMB and WPZ holding a majority of limited partner interests in WPZ provided its c...
Aug 02, 2018 02:45 am ET
Tallgrass Energy Reports Strong Second Quarter 2018 Results
Tallgrass Energy, LP (NYSE: TGE) ("TGE") today reported financial and operating results for the second quarter of 2018.
Aug 01, 2018 02:45 am ET
Tallgrass to Develop New Cushing to St. James Crude Oil Pipeline and Gulf Coast Liquids Export and Import Terminal
Tallgrass Energy, LP (NYSE: TGE) (“Tallgrass”) today announced plans to develop a new crude oil pipeline from Cushing, Okla., to the St. James, La., refining complex, as well as a separate new export-capable liquids terminal strategically located near the mouth of the Mississippi River.
Jul 27, 2018 07:29 am ET
Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP High Income Index
DALLAS, July 27, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to constituents of The Cushing® MLP High Income Index (the "Index"). Per the Index's methodology guide, a constituent change due to a distribution cut will take place on the latter of the distribution ex-date or the last business day of the week that is at least five business days after the day on which the announcement is made. Due to the July 27, 2018, distribution cut announcement by American Midstream Partners, L.P. (NYSE: AMID), after the market closes on August...
Jul 10, 2018 02:00 am ET
Tallgrass Energy and Silver Creek Midstream Announce Iron Horse Pipeline Open Season
Tallgrass Energy, LP (NYSE: TGE) (“Tallgrass”) and Silver Creek Midstream, LLC (“Silver Creek”) today announced a binding open season soliciting additional shipper commitments for Niobrara (API 34 – 42) crude oil transportation service on the Iron Horse Pipeline. The system is designed to add additional grades of crude oil as necessary.
Jul 09, 2018 02:45 am ET
Tallgrass Energy Increases Quarterly Dividend and Announces Date for Second Quarter 2018 Financial Results
Tallgrass Energy, LP (NYSE: TGE) today announced its quarterly dividend for the second quarter of 2018. The dividend will be paid on Tuesday, August 14, 2018, to shareholders of record as of the close of business on Tuesday, July 31, 2018.