Tallgrass Energy Partners, LP (NYSE:TEP) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
Results of Operations and Financial Condition.
On February13, 2018, Tallgrass Energy Partners, LP and Tallgrass Energy GP, LP issued a joint press release announcing fourth quarter 2017 earnings and 2018 guidance. A copy of the press release is attached hereto, furnished as Exhibit 99.1, and incorporated in this report by reference.
The information in this Form 8-K, including the 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. |
Financial Statements and Exhibits. |
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(d) |
Exhibits |
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Press release dated February 13, 2018
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Tallgrass Energy Partners, LP ExhibitEX-99.1 2 exhibit99120171231.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Tallgrass Energy Announces Fourth Quarter & Full Year 2017 Results and 2018 GuidanceRecord 2017 Net Income of $434.0 million and Adjusted EBITDA of $678.0 millionExceptional Distribution Coverage of 1.47 times resulting in $195.6 million of Retained CashConservative Financial Leverage of 3.0 times Debt to Adjusted EBITDALEAWOOD,…To view the full exhibit click here
About Tallgrass Energy Partners, LP (NYSE:TEP)
Tallgrass Energy Partners, LP owns, operates, acquires and develops midstream energy assets in North America. The Company operates through three segments: Crude Oil Transportation & Logistics, which includes the ownership and operation of a crude oil pipeline system; Natural Gas Transportation & Logistics, which includes the ownership and operation of Federal Energy Regulatory Commission (FERC)-regulated interstate natural gas pipelines and integrated natural gas storage facilities, and Processing & Logistics, which includes 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 liquid (NGLs). It operates the Sterling Terminal near Sterling, Colorado. It also operates Buckingham Terminal in northeast Colorado. It has interest in the Deeprock Development Terminal in Cushing, Okla.
