Tallgrass Energy LP (Tallgrass Energy LP) Revenue per Share : $4.92 (TTM As of Dec. 2019)

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What is Tallgrass Energy LP Revenue per Share?

Tallgrass Energy LP's revenue per share for the three months ended in Dec. 2019 was $1.28. Tallgrass Energy LP's revenue per share for the trailing twelve months (TTM) ended in Dec. 2019 was $4.92.

Warning Sign:

Tallgrass Energy LP revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue Per Share Growth Rate of Tallgrass Energy LP was -31.90% per year. During the past 3 years, the average Revenue Per Share Growth Rate was -26.70% per year. During the past 5 years, the average Revenue Per Share Growth Rate was -11.90% 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 other companies' revenue growth rate.

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

TGE' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -26.7 Med: -2.95 Max: 21.4
Current: -26.7

During the past 7 years, Tallgrass Energy LP's highest 3-Year average Revenue Per Share Growth Rate was 21.40% per year. The lowest was -26.70% per year. And the median was -2.95% per year.

TGE's 3-Year Revenue Growth Rate is not ranked
in the Oil & Gas industry.
Industry Median: 16.7 vs TGE: -26.70

Tallgrass Energy LP Revenue per Share Historical Data

The historical data trend for Tallgrass Energy LP's Revenue per Share 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 Revenue per Share Chart

Tallgrass Energy LP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Revenue per Share

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11.35

12.51

11.29

7.22

4.92

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
Revenue per Share	Get a 7-Day Free Trial															1.37	1.21	1.17	1.26	1.28

Competitive Comparison of Tallgrass Energy LP's Revenue per Share

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

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

* The bar in red indicates where Tallgrass Energy LP's PS Ratio falls into.

Tallgrass Energy LP Revenue per Share Calculation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Tallgrass Energy LP's Revenue Per Share for the fiscal year that ended in Dec. 2019 is calculated as

Revenue Per Share (A: Dec. 2019 )	=	Revenue (A: Dec. 2019 )	/	Shares Outstanding (Diluted Average) (A: Dec. 2019 )
	=	868.548	/	176.500
	=	4.92

Tallgrass Energy LP's Revenue Per Share for the quarter that ended in Dec. 2019 is calculated as

Revenue Per Share (Q: Dec. 2019 )	=	Revenue (Q: Dec. 2019 )	/	Shares Outstanding (Diluted Average) (Q: Dec. 2019 )
	=	232.963	/	181.732
	=	1.28

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 (NYSE:TGE) Revenue per Share Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.

Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.

Tallgrass Energy LP Revenue per Share Related Terms

Thank you for viewing the detailed overview of Tallgrass Energy LP's Revenue per Share 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 » Revenue per Share

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