Tallgrass Energy GP, LP (NYSE:TEGP) Files An 8-K Regulation FD Disclosure
Item 7.01.
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Regulation FD Disclosure.
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press release announcing that its subsidiary, Tallgrass
Midstream, LLC, has entered into an agreement to acquire DCP
Midstreams Douglas natural gas gathering system in the Powder
River Basin for approximately $128 million. A copy of the press
release is furnished with this Form 8-K as Exhibit 99.1 and
incorporated into this Item 7.01 by reference.
is the managing member of and therefore controls Tallgrass
Equity, LLC (“Tallgrass Equity”). Tallgrass Equity, in turn,
controls TEP through the direct ownership of 50% of Tallgrass MLP
GP, LLC (“TEP GP”), TEPs general partner. As a result, under
generally accepted accounting principles, TEGP consolidates
Tallgrass Equity, TEP GP, TEP, and TEPs subsidiaries. TEGP has no
operations outside of its indirect ownership interests in TEP.
accompanying Exhibit 99.1, shall not be deemed “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934
(the “Exchange Act”), or otherwise subject to the liability of
such section, nor shall such information be deemed incorporated
by reference in any filing under the Securities Act of 1933 or
the Exchange Act, regardless of the general incorporation
language of such filing, except as shall be expressly set forth
by specific reference in such filing.
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Item 9.01.
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Financial Statements and Exhibits.
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EXHIBIT NUMBER
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DESCRIPTION
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99.1
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Press release issued by Tallgrass Energy Partners, LP ,
dated May 17, 2017. (Furnished solely for purposes of Item 7.01 of this Form 8-K). |
About Tallgrass Energy GP, LP (NYSE:TEGP)
Tallgrass Energy GP, LP is a limited partnership company. The Company, through Tallgrass Energy Partners, LP (TEP), provides crude oil transportation to customers in Wyoming, Colorado, and the surrounding regions through Pony Express. Its business segments include Crude Oil Transportation & Logistics Segment, which is engaged in the ownership and operation of a crude oil pipeline system; Natural Gas Transportation & Logistics Segment, which is engaged in ownership and operation of FERC-regulated interstate natural gas pipelines and integrated natural gas storage facilities, and Processing & Logistics Segment, which is engaged in the ownership and operation of natural gas processing, treating and fractionation facilities, the provision of water business services primarily to the oil and gas exploration and production industry and the transportation of natural gas liquids (NGL). The Company, through TEP, owns and operates natural gas processing plants in Casper and Douglas. Tallgrass Energy GP, LP (NYSE:TEGP) Recent Trading Information
Tallgrass Energy GP, LP (NYSE:TEGP) closed its last trading session down -0.62 at 26.37 with 98,315 shares trading hands.