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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Equity to Asset 0.51
TEP's Equity to Asset is ranked higher than
64% of the 105 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.40 vs. TEP: 0.51 )
Ranked among companies with meaningful Equity to Asset only.
TEP' s 10-Year Equity to Asset Range
Min: 0.39  Med: 0.57 Max: 0.78
Current: 0.51
0.39
0.78
F-Score: 6
Z-Score: 1.74
M-Score: -2.05
WACC vs ROIC
4.83%
6.90%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 25.16
TEP's Operating margin (%) is ranked higher than
65% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 15.43 vs. TEP: 25.16 )
Ranked among companies with meaningful Operating margin (%) only.
TEP' s 10-Year Operating margin (%) Range
Min: 11.7  Med: 14.38 Max: 24.59
Current: 25.16
11.7
24.59
Net-margin (%) 46.17
TEP's Net-margin (%) is ranked higher than
88% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 11.95 vs. TEP: 46.17 )
Ranked among companies with meaningful Net-margin (%) only.
TEP' s 10-Year Net-margin (%) Range
Min: 2.48  Med: 18.62 Max: 25.24
Current: 46.17
2.48
25.24
ROE (%) 8.64
TEP's ROE (%) is ranked higher than
50% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.64 vs. TEP: 8.64 )
Ranked among companies with meaningful ROE (%) only.
TEP' s 10-Year ROE (%) Range
Min: 0.89  Med: 3.49 Max: 6.09
Current: 8.64
0.89
6.09
ROA (%) 9.30
TEP's ROA (%) is ranked higher than
77% of the 111 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.74 vs. TEP: 9.30 )
Ranked among companies with meaningful ROA (%) only.
TEP' s 10-Year ROA (%) Range
Min: 0.54  Med: 1.96 Max: 3.38
Current: 9.3
0.54
3.38
ROC (Joel Greenblatt) (%) 6.76
TEP's ROC (Joel Greenblatt) (%) is ranked lower than
69% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 10.20 vs. TEP: 6.76 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
TEP' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 3.56  Med: 3.69 Max: 3.81
Current: 6.76
3.56
3.81
» TEP's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2014

TEP Guru Trades in Q3 2014

Ron Baron 92,615 sh (+45.82%)
Jim Simons 88,398 sh (+34.50%)
» More
Q4 2014

TEP Guru Trades in Q4 2014

Jim Simons Sold Out
Ron Baron 90,715 sh (-2.05%)
» More
Q1 2015

TEP Guru Trades in Q1 2015

Ron Baron 44,275 sh (-51.19%)
» More
Q2 2015

TEP Guru Trades in Q2 2015

Jim Simons 15,037 sh (New)
Ron Baron 35,140 sh (-20.63%)
» More
» Details

Insider Trades

Latest Guru Trades with TEP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Ratios

vs
industry
vs
history
P/E(ttm) 27.90
TEP's P/E(ttm) is ranked lower than
61% of the 90 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 22.80 vs. TEP: 27.90 )
Ranked among companies with meaningful P/E(ttm) only.
TEP' s 10-Year P/E(ttm) Range
Min: 25.65  Med: 35.31 Max: 219.09
Current: 27.9
25.65
219.09
Forward P/E 12.47
TEP's Forward P/E is ranked higher than
84% of the 89 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 18.12 vs. TEP: 12.47 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 28.00
TEP's PE(NRI) is ranked lower than
64% of the 88 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 21.50 vs. TEP: 28.00 )
Ranked among companies with meaningful PE(NRI) only.
TEP' s 10-Year PE(NRI) Range
Min: 25.71  Med: 35.41 Max: 223.79
Current: 28
25.71
223.79
P/B 2.23
TEP's P/B is ranked lower than
54% of the 105 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.99 vs. TEP: 2.23 )
Ranked among companies with meaningful P/B only.
TEP' s 10-Year P/B Range
Min: 1.01  Med: 2.03 Max: 2.49
Current: 2.23
1.01
2.49
P/S 5.63
TEP's P/S is ranked lower than
78% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.53 vs. TEP: 5.63 )
Ranked among companies with meaningful P/S only.
TEP' s 10-Year P/S Range
Min: 4.19  Med: 5.54 Max: 13.6
Current: 5.63
4.19
13.6
POCF 16.10
TEP's POCF is ranked lower than
84% of the 97 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.35 vs. TEP: 16.10 )
Ranked among companies with meaningful POCF only.
TEP' s 10-Year POCF Range
Min: 14.79  Med: 23.95 Max: 1169.5
Current: 16.1
14.79
1169.5
EV-to-EBIT 35.61
TEP's EV-to-EBIT is ranked lower than
84% of the 92 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 20.81 vs. TEP: 35.61 )
Ranked among companies with meaningful EV-to-EBIT only.
TEP' s 10-Year EV-to-EBIT Range
Min: 33.6  Med: 48.50 Max: 74.3
Current: 35.61
33.6
74.3
Current Ratio 1.07
TEP's Current Ratio is ranked lower than
58% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.16 vs. TEP: 1.07 )
Ranked among companies with meaningful Current Ratio only.
TEP' s 10-Year Current Ratio Range
Min: 0.3  Med: 0.60 Max: 1.48
Current: 1.07
0.3
1.48
Quick Ratio 0.85
TEP's Quick Ratio is ranked lower than
64% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.00 vs. TEP: 0.85 )
Ranked among companies with meaningful Quick Ratio only.
TEP' s 10-Year Quick Ratio Range
Min: 0.27  Med: 0.47 Max: 1.23
Current: 0.85
0.27
1.23
Days Inventory 65.55
TEP's Days Inventory is ranked lower than
90% of the 82 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 12.61 vs. TEP: 65.55 )
Ranked among companies with meaningful Days Inventory only.
TEP' s 10-Year Days Inventory Range
Min: 9.68  Med: 13.70 Max: 17.71
Current: 65.55
9.68
17.71
Days Sales Outstanding 42.06
TEP's Days Sales Outstanding is ranked lower than
70% of the 98 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 32.46 vs. TEP: 42.06 )
Ranked among companies with meaningful Days Sales Outstanding only.
TEP' s 10-Year Days Sales Outstanding Range
Min: 37.73  Med: 38.40 Max: 39.07
Current: 42.06
37.73
39.07

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.24
TEP's Dividend Yield is ranked lower than
113% of the 118 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.47 vs. TEP: 4.24 )
Ranked among companies with meaningful Dividend Yield only.
TEP' s 10-Year Dividend Yield Range
Min: 0.55  Med: 2.90 Max: 4.16
Current: 4.24
0.55
4.16
Dividend Payout 1.04
TEP's Dividend Payout is ranked higher than
57% of the 101 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.21 vs. TEP: 1.04 )
Ranked among companies with meaningful Dividend Payout only.
TEP' s 10-Year Dividend Payout Range
Min: 0.84  Med: 0.96 Max: 1.65
Current: 1.04
0.84
1.65
Yield on cost (5-Year) 4.24
TEP's Yield on cost (5-Year) is ranked lower than
124% of the 115 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.91 vs. TEP: 4.24 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
TEP' s 10-Year Yield on cost (5-Year) Range
Min: 0.55  Med: 2.89 Max: 4.53
Current: 4.24
0.55
4.53

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 3.42
TEP's Price/Tangible Book is ranked lower than
64% of the 89 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.48 vs. TEP: 3.42 )
Ranked among companies with meaningful Price/Tangible Book only.
TEP' s 10-Year Price/Tangible Book Range
Min: 1.9  Med: 3.50 Max: 4.29
Current: 3.42
1.9
4.29
Price/Median PS Value 1.02
TEP's Price/Median PS Value is ranked lower than
57% of the 98 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9999.00 vs. TEP: 1.02 )
Ranked among companies with meaningful Price/Median PS Value only.
TEP' s 10-Year Price/Median PS Value Range
Min: 0.86  Med: 1.02 Max: 2.2
Current: 1.02
0.86
2.2
Price/Graham Number 2.04
TEP's Price/Graham Number is ranked lower than
66% of the 73 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.52 vs. TEP: 2.04 )
Ranked among companies with meaningful Price/Graham Number only.
TEP' s 10-Year Price/Graham Number Range
Min: 2.09  Med: 2.55 Max: 5.35
Current: 2.04
2.09
5.35
Earnings Yield (Greenblatt) (%) 2.80
TEP's Earnings Yield (Greenblatt) (%) is ranked lower than
73% of the 106 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.40 vs. TEP: 2.80 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
TEP' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 1.3  Med: 2.10 Max: 3
Current: 2.8
1.3
3

Analyst Estimate

Dec15 Dec16 Dec17
Revenue(Mil) 530 654 686
EPS($) 2.57 3.77 4.56
EPS without NRI($) 2.57 3.77 4.56

Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream
Compare: » details
Traded in other countries:TGJ.Germany,
Tallgrass Energy Partners LP is a growth-oriented Delaware limited partnership formed by Tallgrass Development to own, operate, acquire and develop midstream energy assets in North America. The Company, through its TIGT System, provides natural gas transportation and storage services for customers in the Rocky Mountain and Midwest regions. It also provides processing services for customers in Wyoming through its Midstream Facilities. Its operations are segmented into two - Gas Transportation and Storage and Processing. The Gas Transportation and Storage segment owns and operates interstate natural gas pipelines and integrated natural gas storage facilities that primarily serve on-system customers such as third-party LDCs, industrial users and other shippers. Processing segment owns and operates natural gas processing, treating and fractionation facilities that produce NGLs and residue gas. These products are sold in local wholesale markets or delivered into pipelines for transportation to additional end markets. The Company primarily generated revenues under the long-term, fee-based firm contracts. It obligates customers to pay a fixed monthly reservation or demand charge, which is owed regardless of the actual pipeline or storage capacity used by him. It generates reservation fees charged for firm transportation capacity reservations and usage fees for firm or interruptible transportation throughput, as well as reservation fees charged for firm storage capacity reservations and usage fees for firm or interruptible storage volumes. It also derives revenues from net fuel collections, natural gas sales and other miscellaneous items. In midstream facilities, it generates revenues from natural gas processing, fractionation and treating charges under fee-based contracts; percentage-of-proceeds contracts; and keep-whole contracts.
» More Articles for TEP

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