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Tallgrass Energy GP LP (TEGP.N)

TEGP.N on New York Stock Exchange

21.78USD
21 Jun 2018
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$-0.22 (-1.00%)
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Latest Key Developments (Source: Significant Developments)

Tallgrass Energy GP And Tallgrass Energy Partners Announce Acquisitions
Wednesday, 7 Feb 2018 04:26pm EST 

Feb 7 (Reuters) - Tallgrass Energy Partners Lp ::TALLGRASS ENERGY GP AND TALLGRASS ENERGY PARTNERS ANNOUNCE ACQUISITIONS AND THE EVALUATION OF TALLGRASS ENERGY ORGANIZATIONAL STRUCTURE.TALLGRASS ENERGY PARTNERS LP - ‍BEGINNING AN EVALUATION OF POTENTIAL REORGANIZATION ALTERNATIVES INVOLVING TEGP AND TEP​.TALLGRASS ENERGY PARTNERS LP - ‍ON FEB. 7, 2018, TALLGRASS DEVELOPMENT LP​ MERGED INTO A WHOLLY OWNED SUBSIDIARY OF TALLGRASS EQUITY.TALLGRASS ENERGY PARTNERS LP - ‍EVALUATING POTENTIAL REORGANIZATION TRANSACTIONS​.TALLGRASS ENERGY PARTNERS LP - ‍TEP ACQUIRED A 2% MEMBERSHIP INTEREST IN PONY EXPRESS AND ADMINISTRATIVE ASSETS FOR ABOUT $60 MILLION​.TALLGRASS ENERGY PARTNERS - DUE TO TALLGRASS DEVELOPMENT DEAL, ‍TALLGRASS EQUITY GOT 25.01% MEMBERSHIP INTEREST IN REX, 5.6 MILLION TEP COMMON UNITS.TALLGRASS ENERGY - TO RECOMMEND TO BOARD OF TEGP'S GENERAL PARTNER TO INCREASE QTRLY DISTRIBUTIONS FOR Q1, Q2 BY ABOUT $0.12 /CLASS A SHARE​.TALLGRASS ENERGY PARTNERS LP - FOR TD DEAL, TEGP AND TALLGRASS EQUITY ISSUED 276 MILLION UNREGISTERED TEGP CLASS B SHARES AND TALLGRASS EQUITY UNITS​.  Full Article

Tallgrass Energy Partners Says Board Of Co's General Partner Declared Qtrly Cash Distribution Of $0.965/Common Unit For Q4 2017
Monday, 8 Jan 2018 04:15pm EST 

Jan 8 (Reuters) - Tallgrass Energy Gp Lp ::TALLGRASS ENERGY PARTNERS - BOARD OF CO'S GENERAL PARTNER DECLARED QTRLY CASH DISTRIBUTION OF $0.965/COMMON UNIT FOR Q4 2017, UP 2.1 PERCENT SEQUENTIALLY.TALLGRASS ENERGY PARTNERS - BOARD OF TALLGRASS ENERGY GP LP'S GENERAL PARTNER DECLARED QTRLY CASH DISTRIBUTION OF $0.3675/CLASS A SHARE FOR Q4 2017.TALLGRASS ENERGY PARTNERS - TALLGRASS ENERGY GP LP'S GENERAL PARTNER'S Q4 2017 CASH DISTRIBUTION OF $0.3675/CLASS A SHARE IS UP 3.5 PERCENT SEQUENTIALLY.  Full Article

Tallgrass Energy Partners Prices Offering Of $250 Mln Of Additional Senior Notes Due 2028
Thursday, 7 Dec 2017 04:30pm EST 

Dec 7 (Reuters) - Tallgrass Energy Partners Lp ::TALLGRASS ENERGY PARTNERS PRICES OFFERING OF $250 MILLION OF ADDITIONAL SENIOR NOTES DUE 2028.TALLGRASS ENERGY PARTNERS LP - ADDITIONAL NOTES WILL BE ISSUED AT 101.5% OF PAR, PLUS ACCRUED INTEREST FROM SEPTEMBER 15, 2017.  Full Article

Tallgrass Energy Announces Offering Of $250 Mln Additional Senior Notes Due 2028
Thursday, 7 Dec 2017 09:35am EST 

Dec 7 (Reuters) - Tallgrass Energy Partners LP ::TALLGRASS ENERGY PARTNERS ANNOUNCES OFFERING OF $250 MILLION OF ADDITIONAL SENIOR NOTES DUE 2028.SAYS INTENDS TO USE PROCEEDS OF OFFERING TO REPAY OUTSTANDING BORROWINGS UNDER EXISTING SENIOR SECURED REVOLVING CREDIT FACILITY​.SAYS ADDITIONAL NOTES ARE AN ADDITIONAL ISSUE OF CO'S EXISTING NOTES ISSUED IN AMOUNT OF $500 MILLION IN PRIVATE PLACEMENT ON SEPT 15.  Full Article

Tallgrass Energy prices offering of $500 mln of 5.50% senior notes
Tuesday, 12 Sep 2017 05:09pm EDT 

Sept 12 (Reuters) - Tallgrass Energy Partners Lp :Tallgrass Energy Partners prices offering of $500 million of 5.50% senior notes.Tallgrass Energy Partners LP - ‍ co, unit priced offering of $500 million of 5.50% senior unsecured notes due 2028 at offering price equal to 100% of par​.  Full Article

Tallgrass Energy Partners acquires Powder River Oil Gathering System
Monday, 7 Aug 2017 05:08pm EDT 

Aug 7 (Reuters) - Tallgrass Energy Partners Lp :Tallgrass energy partners acquires Powder River Oil Gathering System, continues to expand service offerings in the basin.Deal for ‍approximately $36 million​.‍Tallgrass estimates approximately $7 million in additional capital expenditures for remainder of 2017 on outrigger system​.Acquired assets include about 34 miles of gathering lines,about 150,000 acres dedicated on a long-term fee-based contract​.  Full Article

Tallgrass Energy ‍net income per common unit $0.72​
Wednesday, 2 Aug 2017 04:05pm EDT 

Aug 2 (Reuters) - Tallgrass Energy Partners LP :Tallgrass Energy reports strong second quarter 2017 results.Tallgrass Energy Partners LP - ‍diluted net income per common unit $0.72​; co now expects to deliver at high-end of fy2017 guidance.  Full Article

Tallgrass Energy Partners reports strategic acquisitions and organic growth projects
Wednesday, 26 Jul 2017 04:15pm EDT 

July 26 (Reuters) - Tallgrass Energy Gp Lp ::Tallgrass energy partners announces strategic acquisitions and organic growth projects.Tallgrass energy partners - tallgrass terminals ‍acquired additional 49 percent interest in deeprock development crude oil terminal for approximately $70 million ​.Tallgrass energy partners lp - is evaluating and developing additional $200 million in potential projects, acquisitions that could be announced later year.Tallgrass energy partners - ‍bnn water solutions acquired a 63 percent interest in an entity that owns freshwater facilities in weld county for $7 million​.Tallgrass energy - ‍pony express signed agreement with chs to connect 100,000 barrels per day chs mcpherson, kan., refinery to pony express's mainline​.Tallgrass energy partners - ‍construction is progressing on holly frontier el dorado refinery connection facilities, with completion expected in q4 2017​.Tallgrass energy partners - tallgrass terminals has signed, 10-year take-or-pay agreement to support construction of new terminal in central kansas uplift.Tallgrass energy - ‍tallgrass terminals signed, 10-year take-or-pay agreement from new customer for construction of terminal in central kansas uplift​.Tallgrass energy partners lp - pony express, tallgrass terminals expect to invest about $145 million in total capital for construction of a new terminal.  Full Article

Tallgrass Energy, Rockies Express pipeline announce receipt of ultra settlement payment
Wednesday, 12 Jul 2017 04:15pm EDT 

July 12 (Reuters) - Tallgrass Energy Partners Lp :Tallgrass Energy Partners and Rockies express pipeline announce receipt of ultra settlement payment, results of recent zone 3 open seasons and leadership transition.Tallgrass Energy Partners - ‍REX received cash payment of $150 million from ultra in connection with settlement of rex's $303 million breach of contract claim​.Tallgrass Energy Partners LP - currently expects 2017 revenue from contracts to be at least $13 million.Tallgrass Energy Partners - Rockies express pipeline llc received cash payment of $150 million from ultra resources in connection with settlement of REX's $303 million breach of contract claim.  Full Article

Tallgrass Energy increases quarterly distributions
Wednesday, 5 Jul 2017 06:45am EDT 

July 5 (Reuters) - Tallgrass Energy GP LP ::Tallgrass Energy increases quarterly distributions.Tallgrass Energy Partners - board of TEP'S general partner declared quarterly cash distribution of $0.925 per common unit for Q2 2017.Tallgrass Energy Partners LP- board of TEGP'S general partner declared a quarterly cash distribution of $0.3425 per class a share for Q2 of 2017.Tallgrass Energy Partners LP- TEGP'S General Partner's Q2 distribution represents a 19.1 percent sequential increase from Q1 2017 distribution.  Full Article

BRIEF-Tallgrass Energy GP To Acquire Tallgrass Energy Partners

* TALLGRASS ENERGY ANNOUNCES AGREEMENT FOR TALLGRASS ENERGY GP TO ACQUIRE TALLGRASS ENERGY PARTNERS; ANNOUNCES INCREASED QUARTERLY DISTRIBUTIONS AT TEGP AND TEP