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Last $46.64 USD
Change Today -0.11 / -0.24%
Volume 164.4K
TEP On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

tallgrass energy partners lp (TEP) Snapshot

Open
$46.75
Previous Close
$46.75
Day High
$46.93
Day Low
$45.30
52 Week High
02/23/15 - $53.70
52 Week Low
10/14/14 - $33.83
Market Cap
2.8B
Average Volume 10 Days
250.5K
EPS TTM
$1.74
Shares Outstanding
60.6M
EX-Date
07/29/15
P/E TM
26.8x
Dividend
$2.32
Dividend Yield
4.28%
Current Stock Chart for TALLGRASS ENERGY PARTNERS LP (TEP)

tallgrass energy partners lp (TEP) Related Bloomberg News

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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 Seeks Acquisitions

Tallgrass Energy Partners, LP has filed a shelf registration for selling common units, preferred units and partnership securities. Tallgrass will use the proceeds for paying or refinancing all or a portion of our indebtedness outstanding at the time and funding working capital, capital expenditures or acquisitions.

Tallgrass Energy Partners, LP to Report Q2, 2015 Results on Jul 30, 2015

Tallgrass Energy Partners, LP announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 30, 2015

Tallgrass Energy Partners, LP, Q2 2015 Earnings Call, Jul 30, 2015

Tallgrass Energy Partners, LP, Q2 2015 Earnings Call, Jul 30, 2015

 

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TEP:US $46.64 USD -0.11

TEP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Boardwalk Pipeline Partners LP $14.16 USD -0.19
Exterran Partners LP $21.24 USD -0.39
Holly Energy Partners LP $30.86 USD -0.51
MPLX LP $56.00 USD -0.56
Valero Energy Partners LP $46.59 USD -0.54
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Industry Analysis

TEP

Industry Average

Valuation TEP Industry Range
Price/Earnings 29.0x
Price/Sales 6.3x
Price/Book 1.7x
Price/Cash Flow 21.1x
TEV/Sales 5.5x
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