NYSE:TEGP - New York Stock Exchange, Inc. - US8746961072
Although MLPs are cheap by historical standards, the persistence of their attractive valuation should prompt observers to think a little harder.
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TEGP – Citigroup raises PT to $24 from $22. This new price target represents a 7.00% upside over the stock’s previous closing price of $22.43.
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Once the dust settles on its merger, this 9%-yielder could provide investors with a fast-growing income stream.
TEGP – Files for $1 bln mixed securities shelf offering.
TEGP – Files 125,291,659 Class A shares offered by the selling security holders.
Returning cash back to shareholders is rooted in energy companies’ initiatives to steadily pay out dividends under investor pressure. Compare Brokers....
TEGP – Stifel Nicolaus cuts PT to $24. Stock price at the time of this analyst call was $19.96.
Companies in the Materials sector have received a lot of coverage today as analysts weigh ...
The post Analysts Offer Insights on Materials Companies: Tallgrass Energy GP (NYSE: TEGP) and Cheniere Energy (NYSE MKT: CQP) appeared first on Smarter Analyst.
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Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Tallgrass Energy GP (NYSE: TEGP) and Cheniere Energy (NYSE MKT: CQP). Tallgrass Energy GP (NYSE: TEGP) In a report released today, Selman Akyol from Stifel Nicolaus maintained a Buy rating on Tallgrass Energy GP (NYSE: TEGP), with a
The post Analysts Offer Insights on Materials Companies: Tallgrass Energy GP (NYSE: TEGP) and Cheniere Energy (NYSE MKT: CQP) appeared first on Analyst Ratings.
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Last week was a busy week of earnings reports for many sectors, including energy infrastructure. Growing energy sector profitability is feeding through to higher returns to investors. Over the past month the XLE has outperformed the S&P by over 9%
TEGP – Beats Wall Street consensus EPS estimates by $0.05 and beats on revenues.
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In recent weeks there’s been growing discussion about the future of MLPs. Two external factors weighing on sentiment have been tax reform and the FERC (Federal Energy Regulatory Commission) ruling.
FOMO (Fear of Missing Out) hasn’t been much of a problem for energy infrastructure investors over the past year or so. Feelings of WAIL (Why Am I Long?) and (ahem) WTH have been far more common.
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The recent ratcheting up of trade tensions has given investors a reason to own energy stocks. But the shift from MLP to corporate ownership of energy infrastructure is becoming widely acknowledged.
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What do you do if your fund’s index is shrinking? This is the dilemma that many retail investors in MLP-dedicated mutual funds and ETFs will be confronting in the months ahead.
TEGP – Morgan Stanley cuts PT to $21 from $29. This new price target represents a 14.63% upside over the stock’s previous closing price of $18.32.
Stifel Nicolaus analyst Selman Akyol reiterated a Buy rating on Tallgrass Energy GP (NYSE: TEGP) yesterday and set a price target of $24. The company’s shares closed yesterday at $18.32, close to its 52-week low of $17.14. According to TipRanks.com, Akyol is a 1-star analyst with an average return of -0.1% and a 52.1% success
The post Stifel Nicolaus Thinks Tallgrass Energy GP’s Stock is Going to Recover appeared first on Analyst Ratings.
While the corporate structure is going away, the high yield isn't.
TEGP – Citigroup cuts PT to $22 from $28. This new price target represents a 24.22% upside over the stock’s previous closing price of $17.71.
TEGP – Tallgrass Energy Partners to be acquired by Tallgrass Energy GP. Tallgrass Energy GP, LP and Tallgrass Energy Partners, LP announced the execution of a definitive agreement pursuant to which TEGP will acquire the approximately 47.6 million TEP common units held by the public in a taxable stock-for-unit merger transaction at a ratio of 2.0 TEGP Class A shares for each outstanding TEP common unit.