Tallgrass Energy, LP (TGE) Financial Statements (2026 and earlier)

Company Profile

Business Address 4200 W. 115TH STREET, SUITE 350
LEAWOOD, KS 66211
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4922 - Natural Gas Transmission (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9,5962,5932,4592,234
Cash and cash equivalent9,5962,5932,4592,234
Receivables236,097121,29560,02957,772
Inventory, net of allowances, customer advances and progress billings34,31621,60912,80513,793
Inventory34,31621,60912,80513,793
Prepaid expense 11,81611,1756,8202,835
Derivative instruments and hedges, assets   10,967 
Other current assets    
Other undisclosed current assets  6501,0371,212
Total current assets:291,825157,32294,11777,846
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization✕✕✕✕
Operating lease, right-of-use asset✕✕✕✕
Property, plant and equipment2,802,4292,394,3372,012,2632,025,018
Long-term investments and receivables1,861,686909,531461,915 
Long-term investments1,861,686909,531461,915 
Intangible assets, net (including goodwill)649,086502,569436,810439,834
Goodwill421,983404,838343,288343,288
Intangible assets, net (excluding goodwill)227,10397,73193,52296,546
Deferred costs    6,638
Deferred tax assets, net✕273,531312,997521,454452,430
Other undisclosed noncurrent assets14,95215,25715,67914,894
Total noncurrent assets:5,601,6844,134,6913,448,1212,938,814
TOTAL ASSETS:5,893,5094,292,0133,542,2383,016,660
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities284,750153,86157,30946,268
Interest and dividends payable39,217   
Taxes payable20,73419,27216,32813,844
Accounts payable201,51298,88224,40322,218
Accrued liabilities23,28735,70716,57810,206
Deferred revenue✕✕✕✕
Debt    
Derivative instruments and hedges, liabilities  2,368556 
Deferred revenue and credits✕✕88,47160,75726,511
Due to related parties  5,3425,7687,755
Other undisclosed current liabilities154,0058,8347,6858,485
Total current liabilities:438,755258,876132,07589,019
Noncurrent Liabilities
Long-term debt and lease obligation3,205,9582,292,9931,555,981901,000
Long-term debt, excluding current maturities3,205,9582,292,9931,555,981901,000
Liabilities, other than long-term debt, including:31,68818,9657,0635,143
Other undisclosed liabilities, other than long-term debt31,68818,9657,0635,143
Total noncurrent liabilities:3,237,6462,311,9581,563,044906,143
Total liabilities:3,676,4012,570,8341,695,119995,162
Equity
Other undisclosed equity    
Total equity:    
Other undisclosed liabilities and equity 2,217,1081,721,1791,847,1192,021,498
TOTAL LIABILITIES AND EQUITY:5,893,5094,292,0133,542,2383,016,660

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues793,259655,898605,122536,197
Revenue, net✕✕655,898605,122536,197
Cost of revenue(310,555)(257,045)(239,884)(234,154)
Cost of product and service sold (91,213)(71,920)(75,285)
Gross profit:482,704398,853365,238302,043
Operating expenses(132,073)(127,006)(111,064)(105,412)
Operating income:350,631271,847254,174196,631
Nonoperating income (expense)172,749160,5966,611(15,917)
Investment income, nonoperating  1,885(1,291) 
Other nonoperating income (expense)(751)1,2211,7232,639
Interest and debt expense 2,200  (226)
Income from continuing operations before equity method investments, income taxes:525,580432,443260,785180,488
Other undisclosed income (loss) from continuing operations before income taxes (2,200)  226
Income from continuing operations before income taxes:523,380432,443260,785180,714
Income tax expense(55,709)(208,458)(17,741)(7,277)
Income from continuing operations:467,671223,985243,044173,437
Income before gain (loss) on sale of properties:467,671223,985243,044173,437
Other undisclosed net income    14,554
Net income:467,671223,985243,044187,991
Net loss attributable to noncontrolling interest(330,544)(352,714)(216,250)(156,035)
Net income (loss) available to common stockholders, basic:137,127(128,729)26,79431,956
Dilutive securities, effect on basic earnings per share2,108 9 
Net income (loss) available to common stockholders, diluted:139,235(128,729)26,80331,956

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:467,671223,985243,044187,991
Comprehensive income:467,671223,985243,044187,991
Comprehensive loss, net of tax, attributable to noncontrolling interest(330,544)(352,714)(216,250)(156,035)
Comprehensive income (loss), net of tax, attributable to parent:137,127(128,729)26,79431,956

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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