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Last $47.02 USD
Change Today -0.66 / -1.38%
Volume 143.2K
As of 8:04 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

tallgrass energy partners lp (TEP) Snapshot

Open
$47.41
Previous Close
$47.68
Day High
$47.71
Day Low
$46.43
52 Week High
02/23/15 - $53.70
52 Week Low
10/14/14 - $33.83
Market Cap
2.8B
Average Volume 10 Days
138.7K
EPS TTM
$1.57
Shares Outstanding
60.2M
EX-Date
04/22/15
P/E TM
30.0x
Dividend
$2.08
Dividend Yield
3.81%
Current Stock Chart for TALLGRASS ENERGY PARTNERS LP (TEP)

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tallgrass energy partners lp (TEP) Details

Tallgrass Energy Partners, LP acquires, owns, develops, and operates various midstream energy assets in North America. The company operates through three segments: Natural Gas Transportation & Logistics; Crude Oil Transportation & Logistics; and Processing & Logistics. The Natural Gas Transportation & Logistics segment owns and operates interstate natural gas pipelines and integrated natural gas storage facilities with approximately 4,653 miles of transportation pipelines in Wyoming, Colorado, Kansas, Missouri, and Nebraska. This segment provides services primarily to third-party local distribution companies, industrial users, and other shippers. The Crude Oil Transportation & Logistics segment offers crude oil transportation services to customers in the Bakken Shale and other nearby oil producing basins. The Processing & Logistics segment owns and operates natural gas processing, treating, and fractionation facilities that produce natural gas liquids and residue gas for sale in local wholesale markets or delivers into pipelines for transportation to additional end markets, as well as provides water business services primarily to the oil and gas exploration and production industry. This segment serves retail propane dealers and oil refiners. Tallgrass Energy Partners, LP was founded in 2013 and is based in Leawood, Kansas.

Founded in 2013

tallgrass energy partners lp (TEP) Top Compensated Officers

Chief Executive Officer of Tallgrass MLP GP L...
Total Annual Compensation: $551.0K
Chief Financial Officer of Tallgrass MLP GP L...
Total Annual Compensation: $776.0K
Chief Operating Officer of Tallgrass MLP GP L...
Total Annual Compensation: $801.0K
Executive Vice President of Tallgrass MLP GP ...
Total Annual Compensation: $776.0K
Compensation as of Fiscal Year 2014.

tallgrass energy partners lp (TEP) Key Developments

Tallgrass Energy Partners, LP Presents at NAPTP 2015 MLP Investor Conference, May-21-2015 04:00 PM

Tallgrass Energy Partners, LP Presents at NAPTP 2015 MLP Investor Conference, May-21-2015 04:00 PM. Venue: Hyatt Regency, Orlando, Florida, United States. Speakers: Gary J. Brauchle, Chief Financial Officer of Tallgrass MLP GP LLC, Executive Vice President of Tallgrass MLP GP LLC and Treasurer of Tallgrass MLP GP LLC.

Tallgrass Energy Partners, LP Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Tallgrass Energy Partners, LP reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of $114.675 million compared to $94.779 million a year ago. Operating income was $25.718 million compared to $16.529 million a year ago. Net income attributable to partners was $32.319 million or $0.46 per diluted common and subordinated unit compared to $17.124 million or $0.30 per diluted common and subordinated unit a year ago. Net cash provided by operating activities was $48.639 million compared to $27.603 million a year ago. Capital expenditures were of $13.3 million compared to $209.111 million a year ago. Adjusted EBITDA was $52.835 million compared to $22.094 million a year ago. Maintenance capital expenditures was $1.511 million compared to $0.839 million a year ago.

Tallgrass Energy Partners, LP to Report Q1, 2015 Results on May 11, 2015

Tallgrass Energy Partners, LP announced that they will report Q1, 2015 results at 4:00 PM, Central Standard Time on May 11, 2015

 

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Industry Analysis

TEP

Industry Average

Valuation TEP Industry Range
Price/Earnings 29.6x
Price/Sales 6.4x
Price/Book 1.8x
Price/Cash Flow 21.6x
TEV/Sales 5.6x
 | 

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