TGE News and Press, Tallgrass Energy LP Class A Shares From 09/15/19

The September MLP Monthly Report can be found here offering insights on MLP industry news, the asset class's performance, yields, valuations, and fundamental drivers. Summary News: 1) Williams Companies Inc. (WMB) and New York-based investment firm Global Infrastructure Partners may ...

There's a significant disconnect between the public market value of midstream assets and their private market value. That's evident in the huge premiums that private equity funds have offered to take these energy companies private. Because of that and some other factors, an increasing numbe...

DALLAS , Sept. 13, 2019 /PRNewswire/ -- Alerian announced the results of the September quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, September 20, 2019 . Alerian Midstream Energy Index (AMNA).  Buckeye Part...

Hello, I am Matt Sallee, Energy Portfolio Manager at Tortoise. Well, last week started off with some entertainment from the G7 as Americans everywhere held their collective breath to see what the President would say and we weren’t let down. My personal favorite part was when he said, ...

To be an SEC-registered asset manager is to submit to extensive rules of behavior, all with the objective of protecting the clients. Where a portfolio manager invests personally alongside her clients, creating a desirable alignment of interests, regulations require that the client’s int...

Midstream broke out of its 6-week slump this week, helped by a private equity bid lobbed in Tuesday night, but also helped by risk-on broad market action and rebounding commodity prices. Even with a 30% gain from a 3.5% weight in the AMZ, the AMNA with less than 1% weight in that same name, ...

Blackstone Infrastructure Partners has offered to take Tallgrass Energy, LP ( TGE ) private at $19.50 per share, "an approximate 35.9% premium over TGE's closing price on August 27, 2019, and a premium of approximately 12% to its volume weighted average price during the last 30 calendar days...

This article was selected to be shared with PRO+ Income subscribers - find out more here . Normally when a company you own gets a takeover offer, it's an exciting event that comes with sizable profits. For us Tallgrass Energy ( TGE ) owners, however, we're heading for a much more dour e...

A self-fulfilling prophecy? In perhaps no surprise to anyone, Tallgrass Energy ( TGE ) received a full going-private offer from Blackstone ( BX ), just five months after the private equity giant closed the buy-out of the general partner and an overall 44% economic interest in the partnership...

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 ...