Media coverage about Tallgrass Energy GP (NYSE:TEGP) has trended somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tallgrass Energy GP earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the pipeline company an impact score of 46.7010299408767 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Tallgrass Energy GP (TEGP) opened at $23.78 on Thursday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.50 and a current ratio of 0.55. The stock has a market capitalization of $3,679.17, a P/E ratio of 29.73, a P/E/G ratio of 2.82 and a beta of 1.75. Tallgrass Energy GP has a 52-week low of $21.79 and a 52-week high of $29.50.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Wednesday, January 31st will be given a dividend of $0.3675 per share. This is a positive change from Tallgrass Energy GP’s previous quarterly dividend of $0.36. This represents a $1.47 annualized dividend and a dividend yield of 6.18%. The ex-dividend date is Tuesday, January 30th. Tallgrass Energy GP’s dividend payout ratio is currently 183.75%.
About Tallgrass Energy GP
Tallgrass Energy GP, LP is a limited partnership company, which includes the operations of Tallgrass Equity, LLC (Tallgrass Equity), Tallgrass MLP GP, LLC, Tallgrass Energy Partners, LP (TEP), and TEP’s subsidiaries. TEP owns, operates, acquires and develops midstream energy assets in North America. TEP’s segments include Crude Oil Transportation & Logistics, which is engaged in the ownership and operation of a crude oil pipeline system, and crude oil storage and terminaling facilities; Natural Gas Transportation & Logistics, which is engaged in the ownership and operation of interstate natural gas pipelines and integrated natural gas storage facilities; Processing & Logistics, which is engaged in the ownership and operation of natural gas processing, treating and fractionation facilities, and the provision of water business services to the oil and gas exploration and production industry, and Corporate and Other.
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