Tallgrass Energy Partners, LP IPO Info
Company Name: Tallgrass Energy Partners, LP
Stock Symbol: TEP
Exchange: NYSE
Status: Priced
IPO Date: 5/14/2013
IPO Price:
21.50 (
20.93%)
Underwriters
Barclays, Citigroup
Amount of Offering: N/A
Number of Shares Offered: 13.05 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Headquartered in Overland Park, Kansas, with a base of operations in Lakewood, Colorado, Tallgrass is a growth-oriented limited partnership that provides natural gas transportation and storage services for customers in the Rocky Mountain and Midwest regions of the United States through its Tallgrass Interstate Gas transportation system and provides processing services for customers in Wyoming through its Casper and Douglas natural gas processing and West Frenchie Draw natural gas treating facilities.
Financial Data
Brief financial statement: "For the period from January 1, 2012 to November 12, 2012, we reported net income of approximately $51.5 million. For the period from November 13, 2012 to December 31, 2012, we incurred a net loss of approximately $1.4 million. For the year ended December 31, 2012, we generated Adjusted EBITDA of approximately $76.4 million."
SEC Filings
News Headlines
