Tallgrass energy, lp (TGE)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Revenues:
Natural gas sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,808

Total Revenues

232,963

226,709

211,524

197,352

220,256

200,320

193,589

179,094

174,766

175,869

160,863

144,400

162,211

153,268

149,015

147,168

156,848

138,168

132,970

114,675

109,504

89,953

77,320

94,779

Operating Costs and Expenses:
Operations and maintenance

24,299

22,657

23,472

18,046

19,610

18,011

18,440

16,399

16,500

17,412

15,254

12,903

12,696

15,146

14,270

12,958

14,769

14,071

12,408

9,575

11,548

9,961

10,055

8,013

Depreciation and amortization

33,047

31,797

32,980

31,001

29,454

27,595

27,690

26,123

23,524

23,782

22,091

21,403

21,173

21,177

21,890

22,007

22,496

20,802

20,355

20,605

19,143

10,071

9,525

8,309

General and administrative

31,947

21,439

18,715

32,272

17,130

16,015

19,085

18,426

19,496

16,489

15,334

14,217

14,435

13,981

14,871

14,011

13,924

12,321

13,701

12,689

11,939

7,448

7,124

6,649

Taxes, other than income taxes

8,777

8,183

7,711

10,998

6,719

7,750

8,462

8,879

7,033

6,661

6,912

8,226

5,107

6,860

5,783

7,650

5,249

5,521

-271

11,297

1,312

1,797

1,639

1,956

Contract termination

-

-

-

-

-

-

-

-

-

-

-

-

-

0

8,061

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal of assets

-131

0

-28

-214

1,626

279

-279

9,417

-665

0

-184

1,448

0

0

-1,849

0

-312

0

0

-4,483

0

0

0

0

Total Operating Costs and Expenses

146,129

120,843

121,928

126,888

120,897

110,236

114,314

97,181

107,092

101,866

93,919

81,174

88,939

86,325

94,257

83,723

84,847

85,763

76,865

88,957

90,675

78,373

70,845

78,250

Operating Income (Loss)

86,834

105,866

89,596

70,464

99,359

90,084

79,275

81,913

67,674

74,003

66,944

63,226

73,272

66,943

54,758

63,445

72,001

52,405

56,105

25,718

18,829

11,580

6,475

16,529

Other Income (Expense):
Unrealized gain (loss) on derivative instrument

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,419

18,953

-8,946

0

0

0

0

-

-

-

-

Equity in earnings of unconsolidated investments

51,502

86,349

99,012

88,522

83,962

76,268

78,187

68,402

49,989

123,642

42,741

20,738

17,036

12,764

24,022

709

-

0

0

-

0

0

273

444

Interest expense, net

-203,922

41,625

40,595

-39,705

-168,859

34,019

31,282

-29,761

-27,809

-24,408

-21,114

-16,017

-14,326

-12,157

-10,441

-8,677

-5,429

-4,982

-4,479

-3,440

-2,801

-1,058

-2,137

-1,296

Gain on remeasurement of unconsolidated investment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

9,388

-

Other income (expense), net

1,559

476

198

177

92

-1,624

330

451

425

10,182

272

1,955

-835

480

221

566

430

502

769

712

703

731

729

940

Total Other Income (Expense)

13,579

45,200

58,615

48,994

45,797

40,625

47,235

39,092

22,605

109,416

21,899

6,676

-3,713

-3,332

32,755

-16,348

-2,240

-4,480

-3,710

-2,728

-2,098

-327

8,253

88

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

100,413

151,066

148,211

119,458

145,156

130,709

126,510

121,005

90,279

183,419

88,843

69,902

69,559

63,611

87,513

47,097

69,761

47,925

52,395

22,990

16,731

11,253

14,728

16,617

Income Tax Expense (Benefit)

8,969

22,577

21,981

17,066

20,211

11,997

16,809

6,692

183,476

12,642

9,676

2,664

4,949

3,209

6,792

2,791

-3,677

-1,828

-1,772

0

-

0

0

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

91,444

128,489

126,230

102,392

124,945

118,712

109,701

114,313

-93,197

170,777

79,167

67,238

64,610

60,402

80,721

44,306

80,638

46,097

50,623

22,990

-

11,253

14,728

-

Net income attributable to noncontrolling interests

37,365

55,965

54,611

51,805

65,166

59,162

108,638

97,578

72,180

154,911

70,414

55,209

52,307

49,750

81,161

33,032

50,604

41,674

45,889

17,868

12,518

9,623

12,295

13,979

Net Income (Loss) Attributable to Parent

54,079

72,524

71,619

50,587

59,779

59,550

1,063

16,735

-165,377

15,866

8,753

12,029

12,303

10,652

-440

11,274

30,034

4,423

4,734

5,122

4,213

1,630

2,433

2,638

Predecessor operations interest in net income

-

-

-

-

-

-

-

-

-

-

-

-

3,587

3,611

-3,888

3,685

-

-

-

-

-

-

-

-

Net income (loss) attributable to TGE, excluding predecessor operations interest

-

-

-

-

-

-

-

-

-

-

-

-

8,716

7,041

3,448

7,589

-

4,423

2,463

-

-

-

-

-

Net income attributable to TEGP prior to May 12, 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,271

-

-

-

-

-

Earnings Per Share, Basic and Diluted [Abstract]
Basic net income (loss) per Class A share

0.31

0.40

0.40

0.31

0.58

0.38

0.02

0.29

-2.85

0.27

0.15

0.21

0.17

0.15

0.07

0.16

-

0.09

0.05

-

-

-

-

-

Diluted net income (loss) per Class A share

0.31

0.40

0.40

0.31

0.58

0.38

0.02

0.29

-2.85

0.27

0.15

0.21

0.17

0.15

0.07

0.16

-

0.09

0.05

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

179,493

179,197

179,149

161,425

157,861

155,001

59,397

58,085

58,079

58,075

58,075

58,075

52,249

47,725

47,725

47,725

-

47,725

47,725

-

-

-

-

-

Diluted average number of Class A shares outstanding

182,661

180,155

180,407

162,777

165,573

156,088

59,397

58,210

57,755

58,192

58,192

58,165

52,322

47,775

47,734

47,725

-

47,808

47,725

-

-

-

-

-

Crude oil transportation services
Total Revenues

110,368

112,126

99,456

95,156

112,204

100,226

101,166

84,738

85,367

86,180

89,855

84,331

95,668

91,387

93,322

94,572

94,105

81,928

74,022

50,381

28,343

0

0

0

Natural gas transportation services
Total Revenues

33,447

30,312

32,345

33,516

32,271

30,953

31,474

32,196

30,994

30,256

29,429

31,685

30,556

31,444

28,682

29,280

29,275

29,431

29,041

32,148

31,315

30,745

30,569

34,104

Sales of natural gas, NGLs, and crude oil
Total Revenues

55,120

39,902

37,843

38,864

49,119

44,072

37,250

38,145

37,989

32,215

22,918

15,381

25,880

20,487

16,830

13,926

20,001

20,252

20,011

21,869

44,170

49,130

39,042

48,907

Processing and other revenues
Total Revenues

34,028

44,369

41,880

29,816

26,662

25,069

23,699

24,015

20,416

27,218

18,661

13,003

10,107

9,950

10,181

9,390

13,467

6,557

9,896

10,277

10,484

10,078

7,709

6,960

Cost of Sales
Cost of sales and transportation services

38,599

17,664

19,268

19,285

32,214

28,556

27,694

26,351

32,473

26,984

19,386

12,370

23,805

18,319

15,958

13,568

20,326

18,186

17,180

19,593

36,358

45,767

37,214

48,206

Cost of Transportation Services
Cost of sales and transportation services

9,329

19,103

19,754

15,072

17,396

12,588

12,664

10,420

7,401

10,538

14,758

13,503

11,723

10,842

11,575

13,529

7,771

14,862

13,492

10,715

10,375

3,329

5,288

5,117