NYSE:TEGP - Tallgrass Energy GP Stock Price, News, & Analysis

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$22.16 -0.39 (-1.73 %)
(As of 02/17/2019 04:00 PM ET)
Previous Close$22.16
Today's Range$22.09 - $22.70
52-Week Range$17.14 - $28.94
Volume2.88 million shs
Average Volume1.75 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
Tallgrass Energy GP, LP, through its interests in Tallgrass Equity, LLC, provides crude oil transportation services to customers in Wyoming, Colorado, 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, and Wyoming; crude oil storage and terminalling services in Colorado; and marketing services for NGLs and crude oil. Tallgrass Energy GP, LP was founded in 2013 and is based in Leawood, Kansas.

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Industry, Sector and Symbol

Industry Natural gas transmission



Sales & Book Value

Annual SalesN/A




Tallgrass Energy GP (NYSE:TEGP) Frequently Asked Questions

What is Tallgrass Energy GP's stock symbol?

Tallgrass Energy GP trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEGP."

How often does Tallgrass Energy GP pay dividends? What is the dividend yield for Tallgrass Energy GP?

Tallgrass Energy GP announced a quarterly dividend on Monday, March 26th. Stockholders of record on Monday, April 30th will be paid a dividend of $0.488 per share on Tuesday, May 15th. This represents a $1.95 annualized dividend and a dividend yield of 8.81%. The ex-dividend date of this dividend is Friday, April 27th. This is a positive change from Tallgrass Energy GP's previous quarterly dividend of $0.37. View Tallgrass Energy GP's Dividend History.

How were Tallgrass Energy GP's earnings last quarter?

Tallgrass Energy GP LP (NYSE:TEGP) released its quarterly earnings data on Thursday, April, 28th. The pipeline company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.05. View Tallgrass Energy GP's Earnings History.

What price target have analysts set for TEGP?

4 analysts have issued 12 month target prices for Tallgrass Energy GP's stock. Their predictions range from $21.00 to $25.00. On average, they anticipate Tallgrass Energy GP's share price to reach $23.25 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Tallgrass Energy GP.

What is the consensus analysts' recommendation for Tallgrass Energy GP?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tallgrass Energy GP in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tallgrass Energy GP.

Has Tallgrass Energy GP been receiving favorable news coverage?

News stories about TEGP stock have been trending somewhat positive this week, according to InfoTrie. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Tallgrass Energy GP earned a daily sentiment score of 1.4 on InfoTrie's scale. They also assigned news headlines about the pipeline company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of Tallgrass Energy GP's key competitors?

Who are Tallgrass Energy GP's key executives?

Tallgrass Energy GP's management team includes the folowing people:
  • Mr. David G. Dehaemers Jr., Pres, CEO & Director of TEGP Management, LLC (Age 57)
  • Mr. Gary J. Brauchle, Exec. VP & CFO of TEGP Management, LLC (Age 44)
  • Mr. William R. Moler, Exec. VP, COO & Director of TEGP Management, LLC (Age 52)
  • Mr. Gary D. Watkins, VP & Chief Accounting Officer of TEGP Management, LLC (Age 46)
  • Mr. Christopher R. Jones, Exec. VP, Gen. Counsel & Sec. of TEGP Management, LLC (Age 41)

When did Tallgrass Energy GP IPO?

(TEGP) raised $900 million in an initial public offering (IPO) on Thursday, May 7th 2015. The company issued 35,300,000 shares at a price of $24.00-$27.00 per share. Citigroup and Goldman Sachs served as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Credit Suisse, Deutsche Bank Securities, Morgan Stanley, RBC Capital Markets, Wells Fargo Securities, Baird, Scotia Howard Weil, Stifel, Tudor, Pickering, Holt and U.S. Capital Advisors were co-managers.

Who are Tallgrass Energy GP's major shareholders?

Tallgrass Energy GP's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Taylor Wealth Management Partners (0.00%). Company insiders that own Tallgrass Energy GP stock include David G Dehaemers Jr, Jeffrey A Ball, Tallgrass Energy Holdings, Llc and Thomas A Gerke. View Institutional Ownership Trends for Tallgrass Energy GP.

Which institutional investors are selling Tallgrass Energy GP stock?

TEGP stock was sold by a variety of institutional investors in the last quarter, including Taylor Wealth Management Partners. View Insider Buying and Selling for Tallgrass Energy GP.

How do I buy shares of Tallgrass Energy GP?

Shares of TEGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tallgrass Energy GP's stock price today?

One share of TEGP stock can currently be purchased for approximately $22.16.

What is Tallgrass Energy GP's official website?

The official website for Tallgrass Energy GP is http://www.tallgrassenergy.com.

How can I contact Tallgrass Energy GP?

Tallgrass Energy GP's mailing address is 4200 W. 115TH STREET SUITE 350, LEAWOOD KS, 66211. The pipeline company can be reached via phone at 913-928-6060 or via email at [email protected]

MarketBeat Community Rating for Tallgrass Energy GP (NYSE TEGP)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  269 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  519
MarketBeat's community ratings are surveys of what our community members think about Tallgrass Energy GP and other stocks. Vote "Outperform" if you believe TEGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TEGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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