Tallgrass Energy LP (Tallgrass Energy LP) Gross-Profit-to-Asset % : 9.79% (As of Dec. 2019)

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What is Tallgrass Energy LP Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Tallgrass Energy LP's annualized Gross Profit for the quarter that ended in Dec. 2019 was $608.0 Mil. Tallgrass Energy LP's average Total Assets over the quarter that ended in Dec. 2019 was $6,208.5 Mil. Therefore, Tallgrass Energy LP's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2019 was 9.79%.

Tallgrass Energy LP Gross-Profit-to-Asset % Historical Data

The historical data trend for Tallgrass Energy LP's Gross-Profit-to-Asset % 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.

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Tallgrass Energy LP Gross-Profit-to-Asset % Chart

Tallgrass Energy LP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Gross-Profit-to-Asset %

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12.29

12.23

10.80

10.10

9.61

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
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															9.77	8.83	9.10	10.20	9.79

Competitive Comparison of Tallgrass Energy LP's Gross-Profit-to-Asset %

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

For the Oil & Gas industry and Energy sector, Tallgrass Energy LP's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tallgrass Energy LP's Gross-Profit-to-Asset % falls into.

Tallgrass Energy LP Gross-Profit-to-Asset % Calculation

Tallgrass Energy LP's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2019 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2019 )	/	( (Total Assets (A: Dec. 2018 )	+	Total Assets (A: Dec. 2019 ))	/ count )
	=	581.649	/	( (5893.509	+	6214.086)	/ 2 )
	=	581.649	/	6053.7975
	=	9.61 %

Tallgrass Energy LP's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2019 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2019 )	/	( (Total Assets (Q: Sep. 2019 )	+	Total Assets (Q: Dec. 2019 ))	/ count )
	=	607.952	/	( (6202.897	+	6214.086)	/ 2 )
	=	607.952	/	6208.4915
	=	9.79 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2019) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Tallgrass Energy LP Gross-Profit-to-Asset % Related Terms

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Tallgrass Energy LP (Tallgrass Energy LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy LP (NYSE:TGE) » Definitions » Gross-Profit-to-Asset %

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