Tallgrass Energy, LP Class A Shares (TGE) Company Bio
Tallgrass Energy GP LP is engaged in the transportation, storage and processing of natural gas, the transportation of crude oil and the provision of water business services primarily to the oil and gas exploration and production industry. in 2015 and is based in Leawood, Kansas.
TGE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Tallgrass Energy LP. To summarize, we found that Tallgrass Energy LP ranked in the 53th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 58% on a DCF basis. The most interesting components of our discounted cash flow analysis for Tallgrass Energy LP ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 59. Its equity weight surpasses that of 70.01% of free cash flow generating stocks in the Energy sector.
The business' balance sheet suggests that 41% of the company's capital is sourced from debt; this is greater than 59.87% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TGE, try DHT, CLR, OIS, AE, and DLNG.