TGE News and Press, Tallgrass Energy LP Class A Shares From 02/12/20

Fourth Quarter 2019 Net Income, Adjusted EBITDA, and Cash Available for Dividends of $54.1 million, $232.5 million, and $182.3 million Year ended 2019 Net Income, Adjusted EBITDA, and Cash Available for Dividends of $248.8 million, $996.3 million, and $798.2 million Tallgrass Ene...

Tallgrass Energy, LP (NYSE: TGE) today announced that Damon Daniels has joined the company as Chief Commercial Officer, further strengthening the depth of the company’s executive leadership team. In this role, Daniels will report directly to Tallgrass President Matthew P. Sheehy. Danie...

NEW YORK, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Tallgrass Energy, LP (NYSE: TGE) to affiliates of Blackstone Infrastructure Partners and affiliates of Enagas, GIC, NPS and USS (collectively, the “Sp...

By Stacey Morris With the State of the Union Address airing tonight, it seems timely to do our own State of Midstream - with no applause breaks needed! As with a typical State of the Union Address, this is an opportunity to reflect on where midstream is, where it may be heading, and what i...

Midstream was negative this week, along with most other global equities and commodities. Midstream outperformed broader energy stocks, but underperformed the S&P 500 and utilities, which continue to grind higher. It was a big week for ex-dividend dates across midstream, which tends to corr...

Energy companies have taken a beating to start off the year, with the double whammy of plunging crude oil ( USO ) and natural gas ( UNG ) leading to the energy sector ( XLE ) having the worst performance (-8% YTD) among all S&P sectors. The MLP & Energy Infrastructure ETF ( MLPX ) coul...

MLPs and midstream came back to earth this week, dragged down by oil and natural gas prices that were too weak to be ignored by midstream investors after 6 weeks of gains. It was the worst week for midstream since December 2018. Even the S&P 500 was down 1.0% this week. Utilities rallied i...

Kinder Morgan   (NYSE: KMI) delivered solid growth  last year -- its cash flow rose 6% overall and 5% on a per-share basis. That pace will moderate considerably this year to slightly above 2%. While that's largely because the company closed the sale of its stake in Kinder Mor...

Tallgrass Energy, LP (NYSE: TGE) today announced plans to report fourth quarter 2019 financial results after market close on Wednesday, February 12, 2020. As previously announced, pursuant to the merger agreement with Blackstone Infrastructure Partners, TGE has agreed not to pay dividends...

By Brian Watson, CFA, Senior Portfolio Manager The master limited partnership ((MLP)) sector saw a series of acquisitions take place in December, from Blackstone (NYSE: BX) reaching an agreement with Tallgrass Energy (NYSE: TGE) to Energy Transfer (NYSE: ET) closing on the SemGroup (NY...