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Tallgrass Energy Stock Price, News & Analysis (NYSE:TGE)

$19.06
-0.21 (-1.09 %)
(As of 10/18/2019 02:23 AM ET)
Today's Range
$19.05
Now: $19.06
$19.33
50-Day Range
$19.06
MA: $19.80
$20.14
52-Week Range
$14.28
Now: $19.06
$25.96
Volume763,158 shs
Average Volume1.48 million shs
Market Capitalization$5.36 billion
P/E Ratio15.01
Dividend Yield11.21%
Beta0.69
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. Read More…

Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
CIKN/A
Phone913-928-6060

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$793.26 million
Cash Flow$0.89 per share
Book Value$7.91 per share

Profitability

Net Income$137.12 million

Miscellaneous

Employees750
Market Cap$5.36 billion
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable

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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 Thursday, October 10th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.55 per share on Thursday, November 14th. This represents a $2.20 dividend on an annualized basis and a yield of 11.54%. The ex-dividend date is Wednesday, October 30th. This is a boost from Tallgrass Energy's previous quarterly dividend of $0.54. View Tallgrass Energy's Dividend History.

How were Tallgrass Energy's earnings last quarter?

Tallgrass Energy LP (NYSE:TGE) posted its earnings results on Wednesday, July, 31st. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.01. The firm earned $211.52 million during the quarter, compared to analysts' expectations of $226 million. Tallgrass Energy had a net margin of 29.12% and a return on equity of 10.71%. 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 Wednesday, October 30th 2019. View Earnings Estimates for Tallgrass Energy.

How can I listen to Tallgrass Energy's earnings call?

Tallgrass Energy will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for TGE?

11 brokers have issued 1-year price objectives for Tallgrass Energy's shares. Their forecasts range from $19.50 to $26.00. On average, they expect Tallgrass Energy's share price to reach $22.20 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for Tallgrass Energy.

What is the consensus analysts' recommendation for Tallgrass Energy?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tallgrass Energy in the last year. There are currently 11 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tallgrass Energy.

Has Tallgrass Energy been receiving favorable news coverage?

News headlines about TGE stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tallgrass Energy earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Tallgrass Energy.

Are investors shorting Tallgrass Energy?

Tallgrass Energy saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 3,710,000 shares, an increase of 52.7% from the August 15th total of 2,430,000 shares. Based on an average trading volume of 2,270,000 shares, the short-interest ratio is presently 1.6 days. Currently, 2.5% of the company's stock are sold short. View Tallgrass Energy's Current Options Chain.

Who are some of Tallgrass Energy's key competitors?

What other stocks do shareholders of Tallgrass Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tallgrass Energy investors own include AT&T (T), Enbridge (ENB), Verizon Communications (VZ), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), AbbVie (ABBV), Mplx (MPLX), Kinder Morgan (KMI), Micron Technology (MU) and New Residential Investment (NRZ).

Who are Tallgrass Energy's key executives?

Tallgrass Energy's management team includes the folowing people:
  • Mr. David G. Dehaemers Jr., CEO & Director of Tallgrass Energy GP, LLC (Age 58)
  • Mr. William R. Moler, Pres, COO & Director of Tallgrass Energy GP, LLC (Age 53)
  • Mr. Gary J. Brauchle, Exec. VP & CFO of TEGP Management, LLC (Age 45)
  • Mr. Gary D. Watkins, VP & Chief Accounting Officer of TEGP Management, LLC (Age 47)
  • Mr. Christopher R. Jones, Exec. VP, Gen. Counsel & Sec. of TEGP Management, LLC (Age 42)

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 Duff & Phelps Investment Management Co. (0.46%), Miller Howard Investments Inc. NY (0.31%), Assenagon Asset Management S.A. (0.21%), CIBC Private Wealth Group LLC (0.10%), Spirit of America Management Corp NY (0.08%) and Havens Advisors LLC (0.04%). Company insiders that own Tallgrass Energy stock include David G Dehaemers Jr, Enagas USA Llc, Gary D Watkins, Gary J Brauchle, Holdings LP Blackstone III, Infrastructure Asso Blackstone, Jeffrey A Ball, John T Raymond and Private Ltd Gic. View Institutional Ownership Trends for Tallgrass Energy.

Which institutional investors are selling Tallgrass Energy stock?

TGE stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Duff & Phelps Investment Management Co., Spirit of America Management Corp NY, Miller Howard Investments Inc. NY, Baldwin Brothers Inc. MA and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have sold Tallgrass Energy company stock in the last year include Gary D Watkins, Gary J Brauchle and John T Raymond. View Insider Buying and Selling for Tallgrass Energy.

Which institutional investors are buying Tallgrass Energy stock?

TGE stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Havens Advisors LLC, Alpine Group USVI LLC, Alpine Group USVI LLC, Wiley BROS. Aintree Capital LLC and Wiley BROS. Aintree Capital LLC. Company insiders that have bought Tallgrass Energy stock in the last two years include David G Dehaemers Jr, Enagas USA Llc, Holdings LP Blackstone III, Infrastructure Asso Blackstone, Jeffrey A Ball and Private Ltd Gic. 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, Robinhood, Fidelity and Charles Schwab.

What is Tallgrass Energy's stock price today?

One share of TGE stock can currently be purchased for approximately $19.06.

How big of a company is Tallgrass Energy?

Tallgrass Energy has a market capitalization of $5.36 billion and generates $793.26 million in revenue each year. The company earns $137.12 million in net income (profit) each year or $1.27 on an earnings per share basis. Tallgrass Energy employs 750 workers across the globe.View Additional Information About Tallgrass Energy.

What is Tallgrass Energy's official website?

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

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:  2.3 out of 5 (star star)
Outperform Votes:  296 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  656
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 10/18/2019 by MarketBeat.com Staff

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