NYSE:TGE (USA) Also trade in: Germany

Tallgrass Energy LP

$ 24.11 0 (0%)
Volume: 429,037 Avg Vol (1m): 809,800
Market Cap $: 6.78 Bil Enterprise Value $: 10.51 Bil
P/E (TTM): 21.33 P/B: 2.06
Earnings Power Value -20.23
Net Current Asset Value -23.9
Tangible Book 7.65
Projected FCF 0
Median P/S Value 15.17
Graham Number 13.94
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
YTD (-%)

Financial Strength : 4/10

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.
Current vs industry vs history
Cash-to-Debt 0.01
Cash-To-Debt ranked lower than
100.00% of 93 companies
in the Oil & Gas Midstream industry.
Industry Max: 10000, Med: 0.04, Min: 0.01
TGE: 0.01
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0, Med: 0, Max: 0.02
Current: 0.01
0
0.02
Equity-to-Asset 0.31
Equity-to-Asset ranked lower than
93.46% of 107 companies
in the Oil & Gas Midstream industry.
Industry Max: 0.93, Med: 0.42, Min: -0.68
TGE: 0.31
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0, Med: 0.06, Max: 0.34
Current: 0.31
0
0.34
Debt-to-Equity 1.76
Debt-to-Equity ranked lower than
100.00% of 90 companies
in the Oil & Gas Midstream industry.
Industry Max: 47.17, Med: 0.95, Min: 0.01
TGE: 1.76
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.14, Med: 4.67, Max: 155.36
Current: 1.76
0.14
155.36
Debt-to-EBITDA 7.24
Debt-to-EBITDA ranked higher than
68.37% of 98 companies
in the Oil & Gas Midstream industry.
Industry Max: 21.29, Med: 4.43, Min: 0.09
TGE: 7.24
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 1.78, Med: 4.88, Max: 7.24
Current: 7.24
1.78
7.24
Interest Coverage 2.36
Interest Coverage ranked lower than
62.86% of 105 companies
in the Oil & Gas Midstream industry.
Industry Max: 10000, Med: 4.51, Min: 0.3
TGE: 2.36
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 2.36, Med: 4.48, Max: 11.51
Current: 2.36
2.36
11.51
Piotroski F-Score 6
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 1.55
DISTRESS
GREY
SAFE
Beneish M-Score -3.43
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 5.74%
WACC 3.25%

Profitability & Growth : 9/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 41.62
Operating Margin ranked higher than
75.93% of 108 companies
in the Oil & Gas Midstream industry.
Industry Max: 587.6, Med: 21.95, Min: -65855.19
TGE: 41.62
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 11.7, Med: 40.13, Max: 43.87
Current: 41.62
11.7
43.87
Net Margin % 21.07
Net Margin ranked lower than
94.44% of 108 companies
in the Oil & Gas Midstream industry.
Industry Max: 168.31, Med: 10.85, Min: -37757.79
TGE: 21.07
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -19.63, Med: 4.23, Max: 21.07
Current: 21.07
-19.63
21.07
ROE % 12.02
ROE ranked lower than
99.04% of 104 companies
in the Oil & Gas Midstream industry.
Industry Max: 53026.41, Med: 8.53, Min: -3295.45
TGE: 12.02
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -67.42, Med: 4.51, Max: 15.46
Current: 12.02
-67.42
15.46
ROA % 3.07
ROA ranked lower than
91.15% of 113 companies
in the Oil & Gas Midstream industry.
Industry Max: 19039.05, Med: 4.17, Min: -3295.45
TGE: 3.07
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -3.25, Med: 0.78, Max: 3.07
Current: 3.07
-3.25
3.07
ROC (Joel Greenblatt) % 12.69
ROC (Joel Greenblatt) ranked higher than
85.32% of 109 companies
in the Oil & Gas Midstream industry.
Industry Max: 329050, Med: 9.5, Min: -25437.45
TGE: 12.69
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 3.04, Med: 11.51, Max: 13.08
Current: 12.69
3.04
13.08
3-Year Total Revenue Growth Rate 13.50
3-Year Revenue Growth Rate ranked higher than
74.49% of 98 companies
in the Oil & Gas Midstream industry.
Industry Max: 397.4, Med: -1.4, Min: -100
TGE: -14
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -14, Med: 21.4, Max: 68.4
Current: -14
-14
68.4
3-Year Total EBITDA Growth Rate 15.00
3-Year EBITDA Growth Rate ranked higher than
92.13% of 89 companies
in the Oil & Gas Midstream industry.
Industry Max: 465.6, Med: 4, Min: -100
TGE: -12.8
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -12.8, Med: 59.6, Max: 113.7
Current: -12.8
-12.8
113.7
3-Year EPS w/o NRI Growth Rate 35.50
3-Year EPS w/o NRI Growth Rate ranked lower than
100.00% of 80 companies
in the Oil & Gas Midstream industry.
Industry Max: 202.3, Med: 7.3, Min: -100
TGE: 35.5
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 35.5
Current: 35.5
0
35.5

» TGE's 30-Y Financials

Financials (Next Earnings Date: 2019-08-02)

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Business Description

Industry Oil & Gas - Midstream » Oil & Gas Midstream    NAICS : 213112    SIC : 1389
Compare TSX:ALA BOG:PROMIGAS NYSE:PAGP NYSE:VLP NYSE:AMGP TSX:ENF NYSE:HEP NYSE:ENLC NYSE:BWP NYSE:TEP NYSE:TCP HKSE:03633 NYSE:GEL XBRU:FLUX NYSE:CEQP NYSE:ENLK NYSE:EQM NYSE:RMP NYSE:NS XKAZ:KZTO
Traded in other countries T4L.Germany
Address 4200 West 115th Street, Suite 350, Leawood, KS, USA, 66211
Tallgrass Energy GP LP is a limited partnership which own, operate, acquire and develop midstream energy assets in North America. It's business segments are Crude Oil Transportation, Natural Gas Transportation, and Gathering, Processing & Terminalling. Crude Oil Transportation segment includes ownership and operation of a crude oil pipeline system. Natural Gas Transportation is involved in ownership and operation of FERC-regulated interstate natural gas pipelines and integrated natural gas storage facilities. Gathering, Processing & Terminalling segment include ownership and operation of natural gas processing, treating and fractionation facilities, the provision of water business services and the transportation of NGLs.

Ratios

Current vs industry vs history
PE Ratio (TTM) 21.33
PE Ratio ranked lower than
100.00% of 94 companies
in the Oil & Gas Midstream industry.
Industry Max: 1633, Med: 9999, Min: 2.78
TGE: 21.33
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 19.23, Med: 34.68, Max: 649.8
Current: 21.33
19.23
649.8
Forward PE Ratio 16.92
Forward P/E ranked lower than
70.00% of 70 companies
in the Oil & Gas Midstream industry.
Industry Max: 2500, Med: 18.12, Min: 7.14
TGE: 16.92
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 21.33
PE without NRI ranked lower than
100.00% of 91 companies
in the Oil & Gas Midstream industry.
Industry Max: 1633, Med: 19.54, Min: 3.36
TGE: 21.33
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 19.23, Med: 34.68, Max: 649.8
Current: 21.33
19.23
649.8
Price-to-Owner-Earnings 28.71
Price-to-Owner-Earnings ranked lower than
100.00% of 47 companies
in the Oil & Gas Midstream industry.
Industry Max: 1611, Med: 18.4, Min: 3.36
TGE: 28.71
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 27.18, Med: 39.68, Max: 767.5
Current: 28.71
27.18
767.5
PB Ratio 2.06
PB Ratio ranked lower than
97.14% of 105 companies
in the Oil & Gas Midstream industry.
Industry Max: 9493.33, Med: 1.74, Min: 0.18
TGE: 2.06
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 1.97, Med: 14.95, Max: 256.12
Current: 2.06
1.97
256.12
PS Ratio 3.37
PS Ratio ranked higher than
60.00% of 105 companies
in the Oil & Gas Midstream industry.
Industry Max: 388, Med: 2.3, Min: 0.03
TGE: 3.37
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 1.16, Med: 2.13, Max: 6.79
Current: 3.37
1.16
6.79
Price-to-Free-Cash-Flow 9.76
Price-to-Free-Cash-Flow ranked higher than
96.67% of 60 companies
in the Oil & Gas Midstream industry.
Industry Max: 281.29, Med: 14.52, Min: 2.08
TGE: 9.76
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 2.31, Med: 4.01, Max: 12.33
Current: 9.76
2.31
12.33
Price-to-Operating-Cash-Flow 3.98
Price-to-Operating-Cash-Flow ranked higher than
96.81% of 94 companies
in the Oil & Gas Midstream industry.
Industry Max: 122.64, Med: 7.92, Min: 1.24
TGE: 3.98
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 1.65, Med: 2.88, Max: 16.77
Current: 3.98
1.65
16.77
EV-to-EBIT 31.12
EV-to-EBIT ranked higher than
77.08% of 96 companies
in the Oil & Gas Midstream industry.
Industry Max: 142.02, Med: 18.53, Min: 2.17
TGE: 31.12
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 14.4, Med: 19.7, Max: 34.2
Current: 31.12
14.4
34.2
EV-to-EBITDA 22.82
EV-to-EBITDA ranked higher than
66.02% of 103 companies
in the Oil & Gas Midstream industry.
Industry Max: 142.02, Med: 12.84, Min: 2.17
TGE: 22.82
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 10.1, Med: 14.5, Max: 22.94
Current: 22.82
10.1
22.94
EV-to-Revenue 12.96
EV-to-Revenue ranked lower than
93.46% of 107 companies
in the Oil & Gas Midstream industry.
Industry Max: 1949.94, Med: 4.87, Min: 0.08
TGE: 12.96
Ranked among companies with meaningful EV-to-Revenue only.
N/A
PEG Ratio 0.57
PEG Ratio ranked lower than
100.00% of 32 companies
in the Oil & Gas Midstream industry.
Industry Max: 50.56, Med: 1.75, Min: 0.22
TGE: 0.57
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 0, Med: 0, Max: 0.78
Current: 0.57
0
0.78
Current Ratio 0.71
Current Ratio ranked lower than
82.41% of 108 companies
in the Oil & Gas Midstream industry.
Industry Max: 14, Med: 1, Min: 0.02
TGE: 0.71
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.3, Med: 0.71, Max: 1.37
Current: 0.71
0.3
1.37
Quick Ratio 0.64
Quick Ratio ranked lower than
84.26% of 108 companies
in the Oil & Gas Midstream industry.
Industry Max: 14, Med: 0.93, Min: 0.02
TGE: 0.64
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.27, Med: 0.61, Max: 1.23
Current: 0.64
0.27
1.23
Days Inventory 37.59
Days Inventory ranked lower than
78.75% of 80 companies
in the Oil & Gas Midstream industry.
Industry Max: 187.09, Med: 13.28, Min: 0.02
TGE: 37.59
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 10.89, Med: 23.8, Max: 37.59
Current: 37.59
10.89
37.59
Days Sales Outstanding 35.92
Days Sales Outstanding ranked lower than
89.58% of 96 companies
in the Oil & Gas Midstream industry.
Industry Max: 135.52, Med: 34.27, Min: 0.35
TGE: 35.92
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 35.53, Med: 38.96, Max: 108.63
Current: 35.92
35.53
108.63
Days Payable 243.14
Days Payable ranked higher than
89.47% of 76 companies
in the Oil & Gas Midstream industry.
Industry Max: 742.7, Med: 48.11, Min: 0.04
TGE: 243.14
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 39.29, Med: 131, Max: 293.17
Current: 243.14
39.29
293.17

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 8.51
Trailing Dividend Yield ranked lower than
98.28% of 116 companies
in the Oil & Gas Midstream industry.
Industry Max: 145.96, Med: 8.48, Min: 0.35
TGE: 8.51
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.26, Med: 4.21, Max: 8.83
Current: 8.51
0.26
8.83
Dividend Payout Ratio 1.56
Dividend Payout Ratio ranked lower than
100.00% of 120 companies
in the Oil & Gas Midstream industry.
Industry Max: 368.77, Med: 1, Min: 0.13
TGE: 1.56
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.43, Med: 1.47, Max: 1.62
Current: 1.56
0.43
1.62
3-Year Dividend Growth Rate (Per Share) 104.80
3-Year Dividend Growth Rate ranked lower than
100.00% of 67 companies
in the Oil & Gas Midstream industry.
Industry Max: 101.8, Med: 7.8, Min: -100
TGE: 104.8
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 104.8
Current: 104.8
0
104.8
Forward Dividend Yield % 8.54
Forward Dividend Yield ranked lower than
83.47% of 121 companies
in the Oil & Gas Midstream industry.
Industry Max: 200.14, Med: 8.78, Min: 0.41
TGE: 8.54
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 8.51
Yield-on-Cost (5y) ranked lower than
100.00% of 121 companies
in the Oil & Gas Midstream industry.
Industry Max: 145.96, Med: 13.08, Min: 0.17
TGE: 8.51
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 0.26, Med: 4.21, Max: 8.83
Current: 8.51
0.26
8.83
3-Year Share Buyback Rate -21.20
3-Year Share Buyback Rate ranked lower than
92.59% of 81 companies
in the Oil & Gas Midstream industry.
Industry Max: 35.2, Med: -8.9, Min: -152
TGE: -21.2
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -55.9, Med: -21.2, Max: 0
Current: -21.2
-55.9
0

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 3.15
Price-to-Tangible-Book ranked lower than
100.00% of 94 companies
in the Oil & Gas Midstream industry.
Industry Max: 9493.33, Med: 2.29, Min: 0.18
TGE: 3.15
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 3.14, Med: 5.33, Max: 6.34
Current: 3.15
3.14
6.34
Price-to-Median-PS-Value 1.59
Price-to-Median-PS-Value ranked higher than
65.96% of 94 companies
in the Oil & Gas Midstream industry.
Industry Max: 3.67, Med: 0.94, Min: 0.07
TGE: 1.59
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.72, Med: 1.04, Max: 3.16
Current: 1.59
0.72
3.16
Price-to-Graham-Number 1.73
Price-to-Graham-Number ranked lower than
100.00% of 69 companies
in the Oil & Gas Midstream industry.
Industry Max: 75.63, Med: 1.72, Min: 0.26
TGE: 1.73
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 1.72, Med: 2.14, Max: 2.48
Current: 1.73
1.72
2.48
Earnings Yield (Joel Greenblatt) % 3.23
Earnings Yield (Greenblatt) ranked higher than
80.18% of 111 companies
in the Oil & Gas Midstream industry.
Industry Max: 46.08, Med: 4.95, Min: -120.72
TGE: 3.23
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 2.9, Med: 5.1, Max: 7
Current: 3.23
2.9
7

More Statistics

Revenue (TTM) (Mil) $ 811.52
EPS (TTM) $ 1.13
Beta 0.13
Volatility % 22.27
52-Week Range $ 20.27 - 26.35
Shares Outstanding (Mil) 281.33

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 6
Positive ROA Y
Positive CFROA Y
Higher ROA yoy Y
CFROA > ROA Y
Lower Leverage yoy N
Higher Current Ratio yoy Y
Less Shares Outstanding yoy N
Higher Gross Margin yoy Y
Higher Asset Turnover yoy N