Tallgrass Energy to Release 1Q Report May 3

Pipeline operator Tallgrass Energy Partners, LP plans to announce its first quarter 2018 financial results on May 3.

The company will release the report on that Thursday and hold a conference call later in the day.

In announcing its fourth quarter 2017 earnings in February, the Leawood, Kansas based company called it “another outstanding year in 2017.”

Company leaders said distributions grew in excess of 18 percent and President and CEO David G. Dehaemers Jr. predicted another strong year in 2018. The firm went so far as to expect adjusted earnings to be nearly $835 million for the year ending Dec. 31, 2018.

The company operates in 11 states with transportation, storage, water, gathering and processing assets. It also owns a 20 percent interest in the Deeprock Development terminal in Cushing where it has nearly 2.3 million barrels of storage in the country’s largest oil hub.