NYSE:TGE - Tallgrass Energy Stock Price, Price Target & More

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$21.47 +0.07 (+0.33 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$21.40
Today's Range$21.22 - $21.57
52-Week Range$17.14 - $28.94
Volume1.59 million shs
Average Volume724,343 shs
Market Capitalization$3.33 billion
P/E Ratio28.25
Dividend Yield9.08%
Beta1.88
Tallgrass Energy, 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. 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:TGE
CUSIPN/A
Phone913-928-6060

Debt

Debt-to-Equity Ratio1.08
Current Ratio0.63
Quick Ratio0.52

Price-To-Earnings

Trailing P/E Ratio28.25
Forward P/E Ratio19.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$655.90 million
Price / Sales5.07
Cash Flow$0.9074 per share
Price / Cash23.66
Book Value$10.95 per share
Price / Book1.96

Profitability

EPS (Most Recent Fiscal Year)$0.76
Net Income$-128,720,000.00
Net Margins-17.96%
Return on Equity2.54%
Return on Assets1.09%

Miscellaneous

EmployeesN/A
Outstanding Shares154,880,000
Market Cap$3,325.23

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Tallgrass Energy (NYSE:TGE) Frequently Asked Questions

What is Tallgrass Energy's stock symbol?

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

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

Tallgrass Energy declared a quarterly dividend on Tuesday, July 10th. Shareholders of record on Tuesday, July 31st will be paid a dividend of $0.4975 per share on Tuesday, August 14th. This represents a $1.99 annualized dividend and a yield of 9.27%. The ex-dividend date of this dividend is Monday, July 30th. This is a positive change from Tallgrass Energy's previous quarterly dividend of $0.49. View Tallgrass Energy's Dividend History.

How were Tallgrass Energy's earnings last quarter?

Tallgrass Energy LP (NYSE:TGE) issued its earnings results on Thursday, May, 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.06. The company had revenue of $179.09 million for the quarter. Tallgrass Energy had a negative net margin of 17.96% and a positive return on equity of 2.54%. View Tallgrass Energy's Earnings History.

When is Tallgrass Energy's next earnings date?

Tallgrass Energy is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Tallgrass Energy.

What is the consensus analysts' recommendation for Tallgrass Energy?

0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tallgrass Energy in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."

Who are some of Tallgrass Energy's key competitors?

Who are Tallgrass Energy's key executives?

Tallgrass Energy'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)

Has Tallgrass Energy been receiving favorable news coverage?

Media stories about TGE stock have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tallgrass Energy earned a news impact score of 0.06 on Accern's scale. They also assigned media headlines about the company an impact score of 45.61 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Tallgrass Energy's major shareholders?

Tallgrass Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Miller Howard Investments Inc. NY (0.52%), Walnut Private Equity Partners LLC (0.04%), Stokes Capital Advisors LLC (0.01%), Spirit of America Management Corp NY (0.01%) and Bank of Montreal Can (0.01%). View Institutional Ownership Trends for Tallgrass Energy.

Which major investors are buying Tallgrass Energy stock?

TGE stock was purchased by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Walnut Private Equity Partners LLC, Stokes Capital Advisors LLC, Spirit of America Management Corp NY and Bank of Montreal Can. View Insider Buying and Selling for Tallgrass Energy.

How do I buy shares of Tallgrass Energy?

Shares of TGE 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's stock price today?

One share of TGE stock can currently be purchased for approximately $21.47.

How big of a company is Tallgrass Energy?

Tallgrass Energy has a market capitalization of $3.33 billion and generates $655.90 million in revenue each year. The company earns $-128,720,000.00 in net income (profit) each year or $0.76 on an earnings per share basis.

How can I contact Tallgrass Energy?

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


MarketBeat Community Rating for Tallgrass Energy (NYSE TGE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  3 (Vote Outperform)
Underperform Votes:  3 (Vote Underperform)
Total Votes:  6
MarketBeat's community ratings are surveys of what our community members think about Tallgrass Energy and other stocks. Vote "Outperform" if you believe TGE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TGE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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