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GE   148.06 (-3.19%)
CGC   7.93 (+1.28%)
DIS   112.61 (+0.16%)
AMC   3.16 (+8.22%)
PFE   26.00 (+2.40%)
PYPL   62.31 (+0.34%)
XOM   119.88 (+1.15%)
QQQ   414.65 (-2.07%)
AAPL   165.00 (-1.22%)
MSFT   399.12 (-1.27%)
META   481.07 (-4.13%)
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CGC   7.93 (+1.28%)
DIS   112.61 (+0.16%)
AMC   3.16 (+8.22%)
PFE   26.00 (+2.40%)
PYPL   62.31 (+0.34%)
XOM   119.88 (+1.15%)
QQQ   414.65 (-2.07%)
AAPL   165.00 (-1.22%)
MSFT   399.12 (-1.27%)
META   481.07 (-4.13%)
GOOGL   154.09 (-1.23%)
AMZN   174.63 (-2.56%)
TSLA   147.05 (-1.92%)
NVDA   762.00 (-10.00%)
AMD   146.64 (-5.44%)
NIO   3.80 (-5.00%)
BABA   69.07 (+0.28%)
T   16.51 (+1.10%)
F   12.14 (+0.66%)
MU   106.77 (-4.61%)
GE   148.06 (-3.19%)
CGC   7.93 (+1.28%)
DIS   112.61 (+0.16%)
AMC   3.16 (+8.22%)
PFE   26.00 (+2.40%)
PYPL   62.31 (+0.34%)
XOM   119.88 (+1.15%)
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NYSE:TGE

Tallgrass Energy (TGE) Stock Price, News & Analysis

→ The #1 Opportunity of the decade? (From Behind the Markets) (Ad)
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Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$21.56
▼
$22.41
50-Day Range
$12.76
▼
$23.17
52-Week Range
$10.93
▼
$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
Stock Analysis
Stock Analysis
TGE stock logo

About Tallgrass Energy Stock (NYSE:TGE)

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.

TGE Stock News Headlines

March 28, 2024 | uk.news.yahoo.com
Setting prairies ablaze in springtime is key to restoring damaged ecosystems, conservationists say
March 25, 2024 | bizjournals.com
Local university seeks to make campus more sustainable
April 19, 2024 | Behind the Markets (Ad)
The #1 Opportunity of the decade?
It's no wonder the Department of Defense is heavily invested in this technology. And why The Pentagon is pouring $20 billion into it.
March 22, 2024 | finance.yahoo.com
State approves plan for UD to get all electricity from sustainable waste heat recovery
March 6, 2024 | msn.com
Four Thachang Green Energy power plants in the offing
February 21, 2024 | bizjournals.com
Tallgrass Energy Partners parent announces $400M private placement
August 23, 2023 | wsj.com
Thachang Green Energy PCL
May 3, 2023 | bizjournals.com
Kansas City Renewable Energy News
April 19, 2024 | Behind the Markets (Ad)
The #1 Opportunity of the decade?
It's no wonder the Department of Defense is heavily invested in this technology. And why The Pentagon is pouring $20 billion into it.
March 15, 2023 | chicago.suntimes.com
IDNR is looking for fishing instructors and Midewin seeks high schoolers for its Youth Conservation Corps
February 2, 2023 | reuters.com
TALLGRASS ENERGY, LP
January 15, 2023 | finance.yahoo.com
Tallgrass Announces Series of Initiatives in Southeast Louisiana
October 19, 2022 | financialpost.com
Spain’s Enagas Mulls Asset Sales to Fund Gas Pipeline Build Out
October 14, 2022 | bizjournals.com
Tallgrass Energy invests in Lawrence startup that aims to produce hydrogen faster and cheaper
September 30, 2022 | nasdaq.com
Enbridge (ENB) Acquires TGE to Expand Its Renewable Business
September 17, 2022 | bizjournals.com
Fast 50 Spotlight: Tallgrass Freight Co.
September 14, 2022 | forbes.com
Tallgrass Energy Group
February 24, 2022 | ca.investing.com
Hyundai Heavy Industries Holdings Co Ltd (267250)
September 28, 2021 | finance.yahoo.com
Tallgrass Energy Enters Agreement with Project Canary to Create the Nation’s First Certified Interstate Natural Gas Transmission System
August 9, 2021 | businesswire.com
Tallgrass Energy Acquires 75 Percent Membership Interest in Escalante H 2 Power
See More Headlines
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Company Calendar

Last Earnings
2/12/2020
Today
4/19/2024
Get Stock Alerts

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
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Key Executives

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

Key Competitors

View All Competitors

TGE Stock Analysis - Frequently Asked Questions

How were Tallgrass Energy's earnings last quarter?

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

Is Tallgrass Energy a good dividend stock?

Tallgrass Energy (NYSE:TGE) pays an annual dividend of $2.20 per share and currently has a dividend yield of 9.83%. TGE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 154.93%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TGE will have a dividend payout ratio of 385.96% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TGE.

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), AbbVie (ABBV), NVIDIA (NVDA), Verizon Communications (VZ), Chevron (CVX), Johnson & Johnson (JNJ), Home Depot (HD), Wells Fargo & Company (WFC), Bank of America (BAC) and Applied Materials (AMAT).

This page (NYSE:TGE) was last updated on 4/19/2024 by MarketBeat.com Staff

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