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Tallgrass Energy LP (Tallgrass Energy LP) Net Margin % : 23.21% (As of Dec. 2019)


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What is Tallgrass Energy LP Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tallgrass Energy LP's Net Income for the three months ended in Dec. 2019 was $54.1 Mil. Tallgrass Energy LP's Revenue for the three months ended in Dec. 2019 was $233.0 Mil. Therefore, Tallgrass Energy LP's net margin for the quarter that ended in Dec. 2019 was 23.21%.

The historical rank and industry rank for Tallgrass Energy LP's Net Margin % or its related term are showing as below:

TGE' s Net Margin % Range Over the Past 10 Years
Min: -19.63   Med: 5.52   Max: 28.65
Current: 28.65


TGE's Net Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 4.16 vs TGE: 28.65

Tallgrass Energy LP Net Margin % Historical Data

The historical data trend for Tallgrass Energy LP's Net Margin % 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 Net Margin % Chart

Tallgrass Energy LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Margin %
Get a 7-Day Free Trial 8.17 5.52 -19.63 17.29 28.65

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
Net Margin % 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 27.14 25.63 33.86 31.99 23.21

Competitive Comparison of Tallgrass Energy LP's Net Margin %

For the Oil & Gas Midstream subindustry, Tallgrass Energy LP's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tallgrass Energy LP's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tallgrass Energy LP's Net Margin % falls into.



Tallgrass Energy LP Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tallgrass Energy LP's Net Margin for the fiscal year that ended in Dec. 2019 is calculated as

Net Margin=Net Income (A: Dec. 2019 )/Revenue (A: Dec. 2019 )
=248.809/868.548
=28.65 %

Tallgrass Energy LP's Net Margin for the quarter that ended in Dec. 2019 is calculated as

Net Margin=Net Income (Q: Dec. 2019 )/Revenue (Q: Dec. 2019 )
=54.079/232.963
=23.21 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tallgrass Energy LP Net Margin % Related Terms

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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

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