Vmbook Online ordering
Tallgrass Energy Partners Lp
Tallgrass Energy Partners, LP is a growth-oriented master limited partnership (MLP) that is focused on the ownership, operation, acquisition and development of energy infrastructure, including natural gas midstream and interstate natural gas transportation and storage assets. The company's assets include natural gas pipelines, storage facilities, and processing and compression assets, which are primarily located in the Rocky Mountains, Midwest and Appalachian regions of the United States.
Tallgrass Energy Partners, LP is publicly traded on the NYSE under the ticker symbol "TEP". The company's stock is included in the Alerian MLP Index, which is a leading benchmark index for the MLP sector.
As a partnership, Tallgrass Energy Partners, LP is structured as a pass-through entity for tax purposes, which means that its profits and losses are passed through to its unitholders, who are then responsible for reporting those items on their own tax returns.
As for the financials, for the full-year 2020, Tallgrass Energy Partners, LP reported Net income of $325.58 million, up from $234.7 million in 2019. Distributable cash flow was $591.4 million in 2020 compared to $551.2 million in 2019, and the company declared distributions of $2.36 per unit, 1.25 times covered by DCF.
Please note that the stock prices and financials are constantly changing, and it is recommended to consult the latest reports and financial statements for up-to-date information.