Tallgrass Energy Reports Strong First Quarter 2018 Results
TALLGRASS ENERGY PARTNERS LP (TEP)
Last tallgrass energy partners lp earnings: 5/3 06:45 am
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US:NYSE Investor Relations:
ir-tep.tallgrassenergylp.com
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Source: Business Wire
$340 million of strategic acquisitions and organic growth projects announced during the quarter Healthy distribution coverage of 1.30x at TEP Conservative financial leverage of approximately 3.1x at TEP LEAWOOD, Kan.--(BUSINESS WIRE)-- Tallgrass Energy Partners, LP (NYSE: TEP) ("TEP") and Tallgrass Energy GP, LP (NYSE: TEGP) ("TEGP") today reported financial and operating results for the first quarter of 2018. “Tallgrass Energy once again delivered the strong quarterly financial results that our unitholders and shareholders have come to expect,” said President and CEO David Dehaemers Jr. “These results were driven by consistent performance in our Natural Gas and Crude Oil transportation segments and continued growth in our Gathering, Processing and Terminalling segment, all of which led to our 19th and 11th consecutive distribution increases at TEP and
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