NYSE:TEP - Tallgrass Energy Partners Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $43.31 0.00 (0.00 %) (As of 07/19/2018 07:42 AM ET)Previous Close$43.31Today's Range$43.31 - $43.3152-Week Range$34.37 - $52.84VolumeN/AAverage Volume580,844 shsMarket Capitalization$3.17 billionP/E Ratio11.49Dividend Yield9.00%Beta1.01 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Tallgrass Energy Partners, LP acquires, owns, develops, and operates midstream energy assets in North America. It operates through Natural Gas Transportation; Crude Oil Transportation; and Gathering, Processing & Terminalling segments. The Natural Gas Transportation segment engages in the ownership and operation of interstate natural gas pipelines and integrated natural gas storage facilities with approximately 4,641 miles of transportation pipelines in Wyoming, Colorado, Kansas, Missouri, and Nebraska. This segment provides its services to on-system customers, including third-party local distribution companies, industrial users, and other shippers. The Crude Oil Transportation segment engages in the ownership and operation of the Pony Express System, a crude oil pipeline serving the Bakken Shale, Denver-Julesburg, and Powder River Basins, as well as other nearby oil producing basins. The Gathering, Processing & Terminalling segment owns and operates natural gas gathering and processing facilities that produce natural gas liquids (NGLs) and residue gas for sale in local wholesale markets or delivers into pipelines for transportation to additional end markets; and crude oil gathering, storage, and terminalling facilities, as well as engages in the transportation of NGLs, and marketing of crude oil and NGLs. This segment also provides water business services primarily to the oil and gas exploration and production industry. The company was founded in 2013 and is based in Leawood, Kansas. Tallgrass Energy Partners, LP operates as a subsidiary of Tallgrass Energy GP, LP. Receive TEP News and Ratings via Email Sign-up to receive the latest news and ratings for TEP and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy SymbolNYSE:TEP CUSIPN/A Webwww.tallgrassenergy.com Phone913-928-6060 Debt Debt-to-Equity Ratio1.46 Current Ratio0.63 Quick Ratio0.52 Price-To-Earnings Trailing P/E Ratio11.49 Forward P/E Ratio16.92 P/E GrowthN/A Sales & Book Value Annual Sales$655.90 million Price / Sales4.83 Cash Flow$7.1351 per share Price / Cash6.07 Book Value$21.21 per share Price / Book2.04 Profitability EPS (Most Recent Fiscal Year)$3.77 Net Income$433.99 million Net Margins68.20% Return on Equity30.04% Return on Assets11.69% Miscellaneous EmployeesN/A Outstanding Shares73,200,000Market Cap$3,170.49 Tallgrass Energy Partners (NYSE:TEP) Frequently Asked Questions What is Tallgrass Energy Partners' stock symbol? Tallgrass Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEP." How often does Tallgrass Energy Partners pay dividends? What is the dividend yield for Tallgrass Energy Partners? Tallgrass Energy Partners announced a quarterly dividend on Monday, March 26th. Investors of record on Monday, April 30th will be given a dividend of $0.975 per share on Tuesday, May 15th. This represents a $3.90 dividend on an annualized basis and a yield of 9.00%. The ex-dividend date of this dividend is Friday, April 27th. This is a positive change from Tallgrass Energy Partners's previous quarterly dividend of $0.97. View Tallgrass Energy Partners' Dividend History. How were Tallgrass Energy Partners' earnings last quarter? Tallgrass Energy Partners LP (NYSE:TEP) released its quarterly earnings results on Thursday, May, 3rd. The pipeline company reported $0.91 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.58 by $0.33. The pipeline company earned $179.09 million during the quarter, compared to the consensus estimate of $196.92 million. Tallgrass Energy Partners had a net margin of 68.20% and a return on equity of 30.04%. View Tallgrass Energy Partners' Earnings History. When is Tallgrass Energy Partners' next earnings date? Tallgrass Energy Partners is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Tallgrass Energy Partners. What price target have analysts set for TEP? 10 Wall Street analysts have issued 12 month price objectives for Tallgrass Energy Partners' stock. Their predictions range from $42.00 to $50.00. On average, they expect Tallgrass Energy Partners' share price to reach $46.7143 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Ratings for Tallgrass Energy Partners. What is the consensus analysts' recommendation for Tallgrass Energy Partners? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tallgrass Energy Partners in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." Who are some of Tallgrass Energy Partners' key competitors? Some companies that are related to Tallgrass Energy Partners include Targa Resources (TRGP), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Western Gas Partners (WES), EQT GP (EQGP), DCP Midstream (DCP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy (TGE), Boardwalk Pipeline Partners (BWP), EnLink Midstream (ENLC) and Transportadora de Gas del Sur (TGS). Who are Tallgrass Energy Partners' key executives? Tallgrass Energy Partners' management team includes the folowing people: Mr. David G. Dehaemers Jr., Pres, CEO & Director of Tallgrass MLP GP LLC (Age 57)Mr. Gary J. Brauchle, Exec. VP & CFO of Tallgrass MLP GP LLC (Age 44)Mr. William R. Moler, Exec. VP, COO & Director of Tallgrass MLP GP LLC (Age 52)Mr. Gary D. Watkins, VP & Chief Accounting Officer of Tallgrass MLP GP LLC (Age 46)Mr. Christopher R. Jones, Exec. VP, Gen. Counsel & Sec. of Tallgrass MLP GP LLC (Age 41) Has Tallgrass Energy Partners been receiving favorable news coverage? News articles about TEP stock have trended somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tallgrass Energy Partners earned a news sentiment score of 0.23 on Accern's scale. They also gave news articles about the pipeline company an impact score of 46.33 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. Who are Tallgrass Energy Partners' major shareholders? Tallgrass Energy Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.03%) and OTA Financial Group L.P. (0.02%). Company insiders that own Tallgrass Energy Partners stock include David G Dehaemers Jr, Gary J Brauchle and Tallgrass Energy Holdings, Llc. View Institutional Ownership Trends for Tallgrass Energy Partners. Which institutional investors are selling Tallgrass Energy Partners stock? TEP stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for Tallgrass Energy Partners. Which institutional investors are buying Tallgrass Energy Partners stock? TEP stock was acquired by a variety of institutional investors in the last quarter, including OTA Financial Group L.P.. Company insiders that have bought Tallgrass Energy Partners stock in the last two years include David G Dehaemers Jr, Gary J Brauchle and Tallgrass Energy Holdings, Llc. View Insider Buying and Selling for Tallgrass Energy Partners. How do I buy shares of Tallgrass Energy Partners? Shares of TEP 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 Partners' stock price today? One share of TEP stock can currently be purchased for approximately $43.31. How big of a company is Tallgrass Energy Partners? Tallgrass Energy Partners has a market capitalization of $3.17 billion and generates $655.90 million in revenue each year. The pipeline company earns $433.99 million in net income (profit) each year or $3.77 on an earnings per share basis. How can I contact Tallgrass Energy Partners? Tallgrass Energy Partners' mailing address is 4200 WEST 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 Partners (NYSE TEP)Community Ranking: 2.7 out of 5 ( )Outperform Votes: 304 (Vote Outperform)Underperform Votes: 268 (Vote Underperform)Total Votes: 572MarketBeat's community ratings are surveys of what our community members think about Tallgrass Energy Partners and other stocks. Vote "Outperform" if you believe TEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TEP will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 7/19/2018 by MarketBeat.com StaffFeatured Article: Are Wall Street analysts' stock ratings worth following?