Company Information

  

Address: 4200 W. 115TH STREET, SUITE 350  
City: LEAWOOD 
State: KS 
Zip Code: 66211 
Telephone: 913-928-6060 

Description of Business

Primary SIC Code: 4922
(As filed with the SEC)  

Overview TEGP is a limited partnership formed in 2015 that has elected to be treated as a corporation for U.S. federal income tax purposes. We were formed as part of a reorganization involving entities that were previously controlled by Tallgrass Equity to effect the initial public offering of our Class A shares (the "TEGP IPO"), which was completed on May 12, 2015. Our sole cash-generating asset is an approximate 31.43% controlling membership interest in Tallgrass Equity. Tallgrass Equity's sole cash-generating assets consist of the direct and indirect partnership interests in TEP and its membership interest in Rockies Express Pipeline LLC ("Rockies Express") as described below: * Tallgrass Equity owns 100% of the outstanding membership interests in Tallgrass MLP GP, LLC ("TEP GP"), which owns all the general partner interest in TEP as well as all the TEP incentive distribution rights ("IDRs").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-2.140.488N/E
12/2017-2.220.368N/E
09/20170.800.35535.31
03/20170.600.28847.93
12/20160.550.27848.73
09/20160.750.26232.07
06/20160.690.24532.71
03/20160.510.21036.24

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-2.65Total Liab/Total Assets0.60
Net Inc/Total Assets-0.03Total Liab/Inv Cap0.64
Net Inc/Inv Cap-0.03Total Liab/Comm Equity52.88
Pretax Inc/Net Sales0.66Interest Coverage Ratio5.84
Net Inc/Net Sales-0.20Curr Debt/Equity0.05
Cash Flow/Net Sales0.87LTD/Equity47.17
SG&A/NetSales0.14Total Debt/Equity47.22
Asset Utilization   Liquidity  
Net Receivables Turnover7.31Quick Ratio0.52
Inventory Turnover11.50Current Ratio0.61
Inventory Day Sales0.03Net Rec/Curr Assets0.76
Net Sales/Work Cap-6.46Inv/Curr Assets0.14
Net Sales/PP&E0.27  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 179.09 174.77 175.87 160.86
Cost of Goods Sold 53.17 56.37 54.93 49.40
Selling & Admin Exps 27.31 26.53 23.15 22.25
Operating Income 81.91 67.67 74.00 66.94
Interest Exp 29.76 27.81 24.41 21.11
Pretax Income 121.01 90.28 183.42 88.84
Other Income 9.87 -0.24 10.18 0.09
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 16.74 -165.38 15.87 8.75

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 4.26 2.59 3.28 0.87
Receivables - Total 135.87 119.96 95.63 58.16
Inventories - Total 32.15 21.61 10.17 11.24
Total Current Assets 184.42 157.32 113.51 78.29
Net Property, Plant & Equipment 2,498.72 2,394.34 2,350.83 2,232.75
Total Assets 4,993.66 4,292.01 4,403.15 4,219.19
Liabilities        
Accounts Payable 184.20 160.87 110.77 67.19
Debt in Current Liabilities 0.00 2.37 0.47 0.00
Total Current Liabilities 291.94 258.88 205.91 158.05
Long-Term Debt 2,426.01 2,292.99 2,261.09 2,234.57
Total Liabilities 2,737.58 2,570.83 2,485.39 2,409.82
Stockholder's Equity        
Minority Interest 2,240.47 1,672.57 1,683.51 1,572.14
Preferred Stock NA NA NA NA
Common Stock 15.62 48.61 234.24 237.22
Retained Earnings NA NA NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity 15.62 48.61 234.24 237.22
Total Liabilities and Stockholders' Equity 2,753.19 2,619.45 2,719.63 2,647.04

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 151.60 121.02 212.41 135.80
Net Cash Provided by Investing Activities -122.91 -45.60 -125.91 -164.99
Net Cash Provided by Financing Activities -27.03 -76.11 -84.09 28.01

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2014371.5610.91--
12/2015542.6644.310.51
12/2016611.6633.790.55
12/2017655.90-128.73-2.22
Growth Rates20.86----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1816358,786--




Report Date : 6/25/2018

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