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Tallgrass Energy LP (Tallgrass Energy LP) EPS without NRI : $1.41 (TTM As of Dec. 2019)


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What is Tallgrass Energy LP EPS without NRI?

Tallgrass Energy LP's earnings per share without non-recurring items for the three months ended in Dec. 2019 was $0.30. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2019 was $1.41.

During the past 12 months, Tallgrass Energy LP's average earnings per share (NRI) Growth Rate was 11.80% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 37.20% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Tallgrass Energy LP's EPS without NRI or its related term are showing as below:

TGE' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 0   Med: 36.35   Max: 147.7
Current: 37.2

During the past 7 years, Tallgrass Energy LP's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 147.70% per year. The lowest was 0.00% per year. And the median was 36.35% per year.

TGE's 3-Year EPS without NRI Growth Rate is not ranked
in the Oil & Gas industry.
Industry Median: 20.05 vs TGE: 37.20

Tallgrass Energy LP's EPS (Diluted) for the three months ended in Dec. 2019 was $0.30. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2019 was $1.41.

Tallgrass Energy LP's EPS (Basic) for the three months ended in Dec. 2019 was $0.30. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2019 was $1.41.


Tallgrass Energy LP EPS without NRI Historical Data

The historical data trend for Tallgrass Energy LP's EPS without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tallgrass Energy LP EPS without NRI Chart

Tallgrass Energy LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EPS without NRI
Get a 7-Day Free Trial 0.51 0.55 -2.22 1.27 1.42

Tallgrass Energy LP Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.31 0.40 0.40 0.30

Competitive Comparison of Tallgrass Energy LP's EPS without NRI

For the Oil & Gas Midstream subindustry, Tallgrass Energy LP's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tallgrass Energy LP's PE Ratio without NRI Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tallgrass Energy LP's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Tallgrass Energy LP's PE Ratio without NRI falls into.



Tallgrass Energy LP EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tallgrass Energy LP  (NYSE:TGE) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Tallgrass Energy LP EPS without NRI Related Terms

Thank you for viewing the detailed overview of Tallgrass Energy LP's EPS without NRI provided by GuruFocus.com. Please click on the following links to see related term pages.


Tallgrass Energy LP (Tallgrass Energy LP) Business Description

Traded in Other Exchanges
N/A
Address
4200 West 115th Street, Suite 350, Leawood, KS, USA, 66211
Tallgrass Energy LP is a corporate entity created after the acquisition of Tallgrass Energy Partners (the LP) by its GP in June 2018. Tallgrass operates and has participating interests in some of the more strategically important midstream assets in the Bakken and Rockies (the REX and Pony Express lines, for example). The entity focuses opportunistically on growth through acquisition and development of natural gas and crude oil transportation, as well as gathering and processing assets. Blackstone Investment Partners acquired the Tallgrass GP and 44% of the limited partnership in early 2019.
Executives
Guy G. Buckley director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Bia Gp L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Gic Private Ltd 10 percent owner 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
William R. Moler director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Gic Special Investments Pte Ltd 10 percent owner 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Blackstone Infrastructure Associates L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bia Gp L.l.c. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bip Holdings Manager L.l.c. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Thomas A Gerke director GERKE THOMAS A, OVERLAND PARK KS 66251
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Group Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154

Tallgrass Energy LP (Tallgrass Energy LP) Headlines

From GuruFocus

Baron Funds Comments on Tallgrass Energy Partners

By Holly LaFon Holly LaFon 01-27-2016