Tallgrass Energy LP (Tallgrass Energy LP) EV-to-Revenue : 11.66 (As of May. 11, 2024)

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What is Tallgrass Energy LP EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Tallgrass Energy LP's enterprise value is $10,131.5 Mil. Tallgrass Energy LP's Revenue for the trailing twelve months (TTM) ended in Dec. 2019 was $868.5 Mil. Therefore, Tallgrass Energy LP's EV-to-Revenue for today is 11.66.

The historical rank and industry rank for Tallgrass Energy LP's EV-to-Revenue or its related term are showing as below:

TGE' s EV-to-Revenue Range Over the Past 10 Years
Min: 5.6 Med: 8.4 Max: 9.8
Current: 11.66

During the past 7 years, the highest EV-to-Revenue of Tallgrass Energy LP was 9.80. The lowest was 5.60. And the median was 8.40.

TGE's EV-to-Revenue is not ranked
in the Oil & Gas industry.
Industry Median: 1.56 vs TGE: 11.66

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-05-11), Tallgrass Energy LP's stock price is $22.39. Tallgrass Energy LP's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2019 was $4.92. Therefore, Tallgrass Energy LP's PS Ratio for today is 4.55.

Tallgrass Energy LP EV-to-Revenue Historical Data

The historical data trend for Tallgrass Energy LP's EV-to-Revenue 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 EV-to-Revenue Chart

Tallgrass Energy LP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

EV-to-Revenue

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9.23

12.04

12.21

13.25

9.03

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
EV-to-Revenue	Get a 7-Day Free Trial															13.25	13.27	11.79	11.12	9.03

Competitive Comparison of Tallgrass Energy LP's EV-to-Revenue

For the Oil & Gas Midstream subindustry, Tallgrass Energy LP's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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 EV-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tallgrass Energy LP's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tallgrass Energy LP's EV-to-Revenue falls into.

Tallgrass Energy LP EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Tallgrass Energy LP's EV-to-Revenue for today is calculated as:

EV-to-Revenue	=	Enterprise Value (Today)	/	Revenue (TTM)
	=	10131.526	/	868.548
	=	11.66

Tallgrass Energy LP's current Enterprise Value is $10,131.5 Mil.
Tallgrass Energy LP's Revenue 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 $868.5 Mil.

Tallgrass Energy LP (NYSE:TGE) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Tallgrass Energy LP's PS Ratiofor today is calculated as:

PS Ratio	=	Share Price (Today)	/	Revenue per Share (TTM)
	=	22.39	/	4.924
	=	4.55

Tallgrass Energy LP's share price for today is $22.39.
Tallgrass Energy LP's Revenue per Share 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 $4.92.

Tallgrass Energy LP EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Tallgrass Energy LP's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Tallgrass Energy LP (Tallgrass Energy LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy LP (NYSE:TGE) » Definitions » EV-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

4200 West 115th Street, Suite 350, Leawood, KS, USA, 66211

Website

https://www.tallgrassenergy.com

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