Tallgrass Energy (TGE) Stock Price, News & Analysis

Company Overview

Tallgrass Energy, LP, through its subsidiaries, provides crude oil transportation services to customers in Wyoming, Colorado, Kansas, and the surrounding regions of the United States. The company operates through three segments: Natural Gas Transportation; Crude Oil Transportation; and Gathering, Processing & Terminalling. It also provides natural gas transportation and storage services for customers in the Rocky Mountain, Midwest, and Appalachian regions; natural gas and crude oil gathering and processing services for customers in Wyoming; and natural gas liquids (NGLs) transportation services in Northeast Colorado and Wyoming. In addition, the company offers water business services, including freshwater transportation, and produced water gathering and disposal in Colorado, Texas, Wyoming, and North Dakota; crude oil storage and terminalling services in Colorado, Oklahoma, and Kansas; and marketing services for NGLs and crude oil. The company was formerly known as Tallgrass Energy GP, LP and changed its name to Tallgrass Energy, LP in June 2018. Tallgrass Energy, LP was founded in 2013 and is based in Leawood, Kansas.

Key Stats

• Today's Range: $21.56 to $22.41
• 50-Day Range: $12.76 to $23.17
• 52-Week Range: $10.93 to $24.88
• Volume: 40.38 million shs
• Average Volume: 5.75 million shs
• Market Capitalization: $6.31 billion
• P/E Ratio: 15.88
• Dividend Yield: 9.83%
• Price Target: N/A
• Consensus Rating: N/A

TGE Stock Analysis - Frequently Asked Questions

How were Tallgrass Energy's earnings last quarter?

Tallgrass Energy LP (NYSE:TGE) posted its earnings results on Wednesday, February, 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.01. The company earned $232.96 million during the quarter, compared to the consensus estimate of $229.50 million. Tallgrass Energy had a net margin of 28.65% and a trailing twelve-month return on equity of 11.02%.

What other stocks do shareholders of Tallgrass Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tallgrass Energy investors own include NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Chevron (CVX), Altria Group (MO), Dominion Energy (D) and Energy Transfer (ET).

Company Calendar

• Last Earnings: 2/12/2020
• Today: 2/01/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural Gas Transmission
• Sub-Industry: N/A
• Current Symbol: NYSE:TGE
• CUSIP: N/A
• CIK: N/A
• Web: www.tallgrassenergylp.com
• Phone: 913-928-6060
• Fax: N/A
• Employees: 750
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.42
• Trailing P/E Ratio: 15.88
• Forward P/E Ratio: 27.99
• P/E Growth: N/A
• Net Income: $248.81 million
• Net Margins: 28.65%
• Pretax Margin: N/A
• Return on Equity: 11.02%
• Return on Assets: 4.03%

Debt

• Debt-to-Equity Ratio: 1.57
• Current Ratio: 0.75
• Quick Ratio: 0.66

Sales & Book Value

• Annual Sales: $868.55 million
• Price / Sales: 7.26
• Cash Flow: $1.36 per share
• Price / Cash Flow: 16.41
• Book Value: $7.78 per share
• Price / Book: 2.88

Miscellaneous

• Outstanding Shares: 281,768,000
• Free Float: N/A
• Market Cap: $6.31 billion
• Optionable: Optionable
• Beta: 0.90