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TGE News and Press, Tallgrass Energy LP Class A Shares From 08/29/19

Stock Information

Company Name: Tallgrass Energy LP Class A Shares
Stock Symbol: TGE
Market: NYSE

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TGE - Tallgrass Energy: Take-Private Bid Highlights Continued Private Equity Interest In Midstream

By Michael Laitkep Last night, Tallgrass Energy (TGE) announced that it received a take-private bid from its private equity sponsor, Blackstone Infrastructure Partners, which currently owns a 44.2% stake in TGE. If accepted, Blackstone would acquire all remaining TGE shares for $19.50 ...

TGE - Why Tallgrass Energy, Chico's FAS, and Dycom Industries Jumped Today

The stock market gained ground on Wednesday, buoyed by enthusiasm about the potential for continued U.S. economic growth. Prospects elsewhere around the world have been increasingly cloudy, especially in light of U.K. Prime Minister Boris Johnson's planned move to support a no-deal Brexit later ...

TGE - TGE, PAHC, SXI, and LKCO among midday movers

Gainers: MDJM (NASDAQ: MDJH ) +64% . Ecology & Environment (NASDAQ: EEI ) +50% . Lannett Company (NYSE: LCI ) +35% . Tallgrass Energy (NYSE: TGE ) +35% . Wheeler Real Estate Investment Trust (NASDAQ: WHLR ) +31% . The Alkaline Water (NASDAQ: WTER ) +23% . Top Ships (NASDAQ: TOPS...

TGE - Why Tallgrass Energy Stock Is Soaring Today

Shares of Tallgrass Energy (NYSE: TGE) rocketed nearly 35% by 10:15 a.m. EDT on Wednesday. Fueling the pipeline company's rally was a proposal by private equity giant Blackstone (NYSE: BX) to take it private. Blackstone has offered to acquire all the shares of Tallgrass Energy that it d...

TGE - LCI, TGE among premarket gainers

DPW Holdings (NYSEMKT: DPW ) +51%  on eliminating $2M of debt. More news on: DPW Holdings, Inc., Lannett Company, Inc., Tallgrass Energy, LP, Stocks on the move, Read more ...

TGE - Tallgrass Energy gets going-private proposal from Blackstone

Tallgrass Energy (NYSE: TGE ) says it received an offer from Blackstone Infrastructure Partners (NYSE: BX ) and affiliates to acquire all outstanding shares they do not already own for $19.50/share in cash. More news on: Tallgrass Energy, LP, The Blackstone Group Inc., Energy stocks news...

TGE - Tallgrass Energy Announces Receipt of "Take Private" Proposal

Tallgrass Energy, LP (NYSE: TGE) today announced that the board of directors of its general partner (the "Board") has received a non-binding preliminary proposal letter, dated August 27, 2019, from Blackstone Infrastructure Partners, its partners and respective affiliates (collectively, the "...

TGE - Midstream Checked, Market Unbalanced

Midstream stocks declined for a 6th straight week, this time joined by a pretty scary broad stock market decline on Friday. Broad market fear appears to be joining the energy sector antipathy and midstream apathy we've seen all summer. Only utilities escaped the week unscathed, in the ongoing ...

TGE - One Reason Why Midstream Is Not 'Junk High Yield'

In a low yield world where investment grade corporate bonds and US Treasuries often pay out less than 3%, Seeking Alpha has become a lightning rod for high yield income recommendations. Many of the most popular companies that have attracted author attention have seen outright awful performance...

TGE - Yield Inversion, Midstream Aversion

Midstream stocks were down, in line with broad equities this week, after a rally Friday that almost salvaged the week. It was a fourth straight negative week for midstream, and the MLP Index (on a price basis) now sits 11.3% lower than its high for the quarter reached in mid-July. Not that m...

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