Switch to:
Also traded in: Germany

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 : 4/10

vs
industry
vs
history
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 : 3/10

vs
industry
vs
history
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» TEP's 10-Y Financials

Financials


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

» Details

Guru Trades

Q1 2016

TEP Guru Trades in Q1 2016

Jim Simons 42,600 sh (New)
Ron Baron 65,940 sh (+40.48%)
T Boone Pickens 37,800 sh (unchged)
» More
Q2 2016

TEP Guru Trades in Q2 2016

Jim Simons 177,500 sh (+316.67%)
Ron Baron 65,940 sh (unchged)
T Boone Pickens 33,152 sh (-12.30%)
» More
Q3 2016

TEP Guru Trades in Q3 2016

T Boone Pickens 33,152 sh (unchged)
Ron Baron 55,140 sh (-16.38%)
Jim Simons 107,500 sh (-39.44%)
» More
Q4 2016

TEP Guru Trades in Q4 2016

Jim Simons 307,900 sh (+186.42%)
Ron Baron 43,540 sh (-21.04%)
T Boone Pickens 16,688 sh (-49.66%)
» 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%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream    NAICS: 213112    SIC: 4922
Compare:OTCPK:ATGFF, NYSE:GEL, NYSE:NS, NYSE:ENLC, NYSE:TCP, NYSE:VLP, OTCPK:FCGYF, NYSE:TEGP, OTCPK:EBGUF, NYSE:BWP, NYSE:DM, NYSE:FI, NYSE:SEMG, NYSE:RMP, NYSE:HEP, OTCPK:KEYUF, AMEX:CQH, OTCPK:GBNXF, NYSE:DCP, NYSE:SHLX » details
Traded in other countries:TGJ.Germany,
Tallgrass Energy Partners LP owns, operates, acquires & develops midstream energy assets. It provides natural gas transportation & storage services for customers in Rocky Mountain & Midwest regions of USA through its TIGT System & Trailblazer Pipeline.

Tallgrass Energy Partners LP is a limited partnership formed in 2013 to own, operate, acquire and develop midstream energy assets in North America. The Company provides crude oil transportation to customers in Wyoming, Colorado, and the surrounding regions through Pony Express, which owns a crude oil pipeline commencing in Guernsey, Wyoming and terminating in Cushing, Oklahoma that includes a lateral in Northeast Colorado that commences in Weld County, Colorado, and interconnects with the pipeline just east of Sterling, Colorado. It provides natural gas transportation and storage services for customers in the Rocky Mountain and Midwest regions of the United States through the Tallgrass Interstate Gas Transmission system, a FERC-regulated natural gas transportation and storage system located in Colorado, Kansas, Missouri, Nebraska and Wyoming. It also provides services for customers in Wyoming at the Casper and Douglas natural gas processing facilities and the West Frenchie Draw natural gas treating facility, and NGL transportation services in Northeast Colorado. The Company's business segments are Crude Oil Transportation & Logistics - the ownership and operation of a crude oil pipeline system; Natural Gas Transportation & Logistics-the ownership and operation of FERC-regulated interstate natural gas pipelines and integrated natural gas storage facilities; and Processing & Logistics-the ownership and operation of natural gas processing, treating and fractionation facilities, the provision of water business services primarily to the oil and gas exploration and production industry and the transportation of NGLs. The Company's competitors include Wyoming Interstate Company, LLC, Colorado Interstate Gas Company, LLC, Cheyenne Plains Gas Pipeline Company, LLC, Northern Natural Gas Company, and Southern Star Central Gas Pipeline, Inc. The Company's ownership, operation and expansion of its assets are subject to federal, state and local laws, regulations and potential liabilities arising under or relating to the protection or preservation of the environment, natural resources and human health.

Top Ranked Articles about Tallgrass Energy Partners LP

Weekly CEO Buys Highlights Insiders sell GE, Tallgrass Energy Partners, Baxter International, Ambac and DSW
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEO buys is illustrated in the chart below: Read more...
Tallgrass Energy Partners Insider Adds to Stake Company's CEO purchases 5,300 shares
David Dehaemers Jr. (Insider Trades), CEO and president of Tallgrass Energy Partners LP (TEP), purchased 5,300 shares of the company on May 26. The price per share was $45.11 for a total transaction of $239,083. Read more...

Ratios

vs
industry
vs
history
Forward P/E 14.01
TEP's Forward P/E is ranked lower than
99.99% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 25.13 vs. TEP: 14.01 )
Ranked among companies with meaningful Forward P/E only.
N/A

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 5.58
TEP's Dividend Yield is ranked lower than
83% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.84 vs. TEP: 5.58 )
Ranked among companies with meaningful Dividend Yield only.
TEP' s Dividend Yield Range Over the Past 10 Years
Min: 0  Med: 0 Max: 5.73
Current: 5.58
0
5.73
Dividend Payout 1.30
TEP's Dividend Payout is ranked lower than
52% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.00 vs. TEP: 1.30 )
Ranked among companies with meaningful Dividend Payout only.
TEP' s Dividend Payout Range Over the Past 10 Years
Min: 0  Med: 0 Max: 1.3
Current: 1.3
0
1.3
Forward Dividend Yield 5.94
TEP's Forward Dividend Yield is ranked lower than
75% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.27 vs. TEP: 5.94 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 5.61
TEP's Yield on cost (5-Year) is ranked lower than
99.99% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.97 vs. TEP: 5.61 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
TEP' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 5.73
Current: 5.61
0
5.73

Valuation & Return

vs
industry
vs
history

More Statistics

Revenue (TTM) (Mil) $605.1
EPS (TTM) $ 2.22
Beta1.03
Short Percentage of Float4.32%
52-Week Range $30.10 - 55.49
Shares Outstanding (Mil)72.14

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 651 719 743
EPS ($) 3.92 3.95 4.16
EPS w/o NRI ($) 3.92 3.95 4.16
EPS Growth Rate
(3Y to 5Y Estimate)
11.24%
Dividends Per Share ($) 3.70 4.40 4.70
» More Articles for TEP

Headlines

Articles On GuruFocus.com
Weekly CEO Buys Highlight Jun 01 2016 
Tallgrass Energy Partners Insider Adds to Stake May 27 2016 
Weekly CEO Buys Highlight: SHLD, ENH, APD, KS, TEP Aug 10 2015 
Weekly CEO Buys Highlight: CLR, KMI, TEP, HLX, MRO Mar 16 2015 
Weekly CEO Buys Highlight: SFXE, JMP, JONE, TEP, BCEI Dec 10 2014 
4 Stocks Increasing Dividends Jul 07 2014 
4 Stocks with a Vision of Higher Dividends Apr 07 2014 

More From Other Websites
TALLGRASS ENERGY PARTNERS, LP Files SEC form 8-K, Regulation FD Disclosure Feb 22 2017
4:51 pm Tallgrass Energy Partners to connect Holly Frontier's (Feb 22 2017
Tallgrass Energy’s Pony Express Pipeline to Build a Connection to Holly Frontier Refinery Feb 22 2017
TALLGRASS ENERGY PARTNERS, LP Financials Feb 22 2017
Tallgrass Energy Partners downgraded by Citigroup Feb 22 2017
Tallgrass Energy Partners LP :TEP-US: Earnings Analysis: 2016 By the Numbers : February 21, 2017 Feb 21 2017
TALLGRASS ENERGY PARTNERS, LP Files SEC form 8-K, Regulation FD Disclosure Feb 21 2017
Tallgrass Energy Partners LP :TEP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 17, 2017 Feb 17 2017
Tallgrass Energy GP beats 4Q profit forecasts Feb 16 2017
Tallgrass Energy GP beats 4Q profit forecasts Feb 16 2017
Edited Transcript of TEP earnings conference call or presentation 15-Feb-17 9:30pm GMT Feb 15 2017
TALLGRASS ENERGY PARTNERS, LP Files SEC form 8-K, Results of Operations and Financial Condition Feb 15 2017
Tallgrass Energy Reports Strong Fourth Quarter 2016 Results and Provides 2017 Guidance Feb 15 2017
Q4 2016 Tallgrass Energy Partners LP Earnings Release - After Market Close Feb 15 2017
[video]Somehow a $9.3 Billion Energy Deal Just Flew Under the Radar, but It Could Have Huge... Feb 14 2017
10 High-Yield Dividend Stocks That Are Still Bargains Jan 25 2017
TALLGRASS ENERGY PARTNERS, LP Files SEC form 8-K, Regulation FD Disclosure Jan 24 2017
Tallgrass Energy Increases Quarterly Distributions and Announces Date for Fourth Quarter 2016... Jan 24 2017
TALLGRASS ENERGY PARTNERS, LP Files SEC form 8-K, Regulation FD Disclosure Jan 17 2017
Tallgrass Energy Partners and Rockies Express Pipeline Announce Ultra Resources Settlement Jan 17 2017

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)