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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 0.39
TEP's Equity to Asset is ranked higher than
72% of the 171 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.39 vs. TEP: 0.39 )
TEP' s 10-Year Equity to Asset Range
Min: 0.39   Max: 0.78
Current: 0.39

0.39
0.78
Interest Coverage 4.51
TEP's Interest Coverage is ranked higher than
75% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.80 vs. TEP: 4.51 )
TEP' s 10-Year Interest Coverage Range
Min: 4.51   Max: 4.51
Current: 4.51

Z-Score: 1.06
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 : 4/10

vs
industry
vs
history
Operating margin (%) 14.22
TEP's Operating margin (%) is ranked higher than
76% of the 172 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 11.32 vs. TEP: 14.22 )
TEP' s 10-Year Operating margin (%) Range
Min: 15.21   Max: 15.21
Current: 14.22

Net-margin (%) 23.99
TEP's Net-margin (%) is ranked higher than
87% of the 172 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.44 vs. TEP: 23.99 )
TEP' s 10-Year Net-margin (%) Range
Min: 5.3   Max: 5.3
Current: 23.99

ROE (%) 10.03
TEP's ROE (%) is ranked higher than
77% of the 176 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.16 vs. TEP: 10.03 )
TEP' s 10-Year ROE (%) Range
Min: 2.16   Max: 2.16
Current: 10.03

ROA (%) 6.00
TEP's ROA (%) is ranked higher than
84% of the 178 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.06 vs. TEP: 6.00 )
TEP' s 10-Year ROA (%) Range
Min: 1.42   Max: 1.42
Current: 6

ROC (Joel Greenblatt) (%) 5.35
TEP's ROC (Joel Greenblatt) (%) is ranked higher than
62% of the 172 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.82 vs. TEP: 5.35 )
TEP' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 13.69   Max: 13.69
Current: 5.35

» TEP's 10-Y Financials

Financials


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

» Details

Guru Trades

Q4 2013

TEP Guru Trades in Q4 2013

Jim Simons 28,348 sh (New)
Ron Baron 40,042 sh (+52.24%)
» More
Q1 2014

TEP Guru Trades in Q1 2014

Ron Baron 53,003 sh (+32.37%)
Jim Simons 32,073 sh (+13.14%)
» More
Q2 2014

TEP Guru Trades in Q2 2014

Jim Simons 65,724 sh (+104.92%)
Ron Baron 63,515 sh (+19.83%)
» More
Q3 2014

TEP Guru Trades in Q3 2014

Ron Baron 92,615 sh (+45.82%)
Jim Simons 88,398 sh (+34.5%)
» 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%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ron Baron 2014-09-30 Add 45.82%0.01%$38.31 - $46.36 $ 43.914%92615
Ron Baron 2014-03-31 Add 32.37%$25.67 - $35.37 $ 43.9152%53003
Ron Baron 2013-12-31 Add 52.24%$23.31 - $26.54 $ 43.9177%40042
T Boone Pickens 2013-09-30 Sold Out 0.21%$21.41 - $23.46 $ 43.9195%0
T Boone Pickens 2013-06-30 New Buy0.21%$20.6 - $22.56 $ 43.91103%10000
Ron Baron 2013-06-30 New Buy$20.6 - $22.56 $ 43.91103%26302
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 35.90
TEP's P/E(ttm) is ranked higher than
77% of the 180 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 37.70 vs. TEP: 35.90 )
TEP' s 10-Year P/E(ttm) Range
Min: 32.3   Max: 219.09
Current: 35.9

32.3
219.09
P/B 2.10
TEP's P/B is ranked higher than
84% of the 180 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.75 vs. TEP: 2.10 )
TEP' s 10-Year P/B Range
Min: 1.15   Max: 2.45
Current: 2.1

1.15
2.45
P/S 5.90
TEP's P/S is ranked higher than
64% of the 180 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.61 vs. TEP: 5.90 )
TEP' s 10-Year P/S Range
Min: 4.58   Max: 14.8
Current: 5.9

4.58
14.8
EV-to-EBIT 73.64
TEP's EV-to-EBIT is ranked higher than
61% of the 180 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 27.63 vs. TEP: 73.64 )
TEP' s 10-Year EV-to-EBIT Range
Min: 21.2   Max: 74.3
Current: 73.64

21.2
74.3
Current Ratio 1.48
TEP's Current Ratio is ranked higher than
85% of the 178 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.07 vs. TEP: 1.48 )
TEP' s 10-Year Current Ratio Range
Min: 0.37   Max: 1.48
Current: 1.48

0.37
1.48
Quick Ratio 1.13
TEP's Quick Ratio is ranked higher than
85% of the 178 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.92 vs. TEP: 1.13 )
TEP' s 10-Year Quick Ratio Range
Min: 0.31   Max: 1.13
Current: 1.13

0.31
1.13

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.30
TEP's Dividend Yield is ranked lower than
66% of the 157 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.98 vs. TEP: 3.30 )
TEP' s 10-Year Dividend Yield Range
Min: 0.55   Max: 3.26
Current: 3.3

0.55
3.26
Dividend Payout 1.09
TEP's Dividend Payout is ranked higher than
77% of the 180 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.48 vs. TEP: 1.09 )
TEP' s 10-Year Dividend Payout Range
Min: 0.84   Max: 1.65
Current: 1.09

0.84
1.65
Yield on cost (5-Year) 3.30
TEP's Yield on cost (5-Year) is ranked lower than
74% of the 157 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.27 vs. TEP: 3.30 )
TEP' s 10-Year Yield on cost (5-Year) Range
Min: 0.55   Max: 3.26
Current: 3.3

0.55
3.26

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 3.72
TEP's Price/Tangible Book is ranked higher than
78% of the 180 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.89 vs. TEP: 3.72 )
TEP' s 10-Year Price/Tangible Book Range
Min: 1.96   Max: 4.29
Current: 3.72

1.96
4.29
Price/Median PS Value 1.01
TEP's Price/Median PS Value is ranked higher than
80% of the 180 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.31 vs. TEP: 1.01 )
TEP' s 10-Year Price/Median PS Value Range
Min: 0.91   Max: 2.33
Current: 1.01

0.91
2.33
Price/Graham Number 2.55
TEP's Price/Graham Number is ranked higher than
77% of the 180 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.69 vs. TEP: 2.55 )
TEP' s 10-Year Price/Graham Number Range
Min: 2.45   Max: 3.16
Current: 2.55

2.45
3.16
Earnings Yield (Greenblatt) 1.40
TEP's Earnings Yield (Greenblatt) is ranked higher than
58% of the 160 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.90 vs. TEP: 1.40 )
TEP' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.3   Max: 4.7
Current: 1.4

1.3
4.7

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

Headlines

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