Tallgrass Energy GP has membership interest in Tallgrass Equity, LLC, which holds direct and indirect partnership interests in Tallgrass Energy Partners, LP (TEP). TEP owns, operates, acquires and develops midstream energy assets in North America. TEP provides crude oil transportation, natural gas transportation and storage services. TEP also performs water business services in Colorado and Texas through BNN Water Solutions, LLC. TEP's operations are located in and provide services to certain main U.S. hydrocarbon basins, including the Denver-Julesburg, Powder River, Wind River, Permian and Hugoton-Anadarko Basins and the Niobrara, Mississippi Lime, Eagle Ford and Bakken shale formations. We show 11 historical shares outstanding datapoints in our coverage of TEGP's shares outstanding history.
Understanding the changing numbers of TEGP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like TEGP versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching TEGP by allowing them to research TEGP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
