Targa Res Corp Stock Price, News & Analysis

Targa Resources Corp. (NYSE: TRGP) announced its quarterly cash dividends for Q1 2021: $0.10 per common share ($0.40 annualized) payable on May 14, 2021, to record holders as of April 30, 2021, and $23.75 per Series A preferred share payable on May 13, 2021, to record holders as of April 30, 2021. The company will report its Q1 2021 financial results on May 6, 2021, with a live webcast at 11:00 a.m. ET. Targa is a major provider of midstream services and operates a diverse portfolio of infrastructure for natural gas and NGLs.

Targa Resources Corp. (NYSE: TRGP) will participate in the Truist Securities 4th Annual Utilities, Midstream & Alternative Energy Summit via video conference on March 25, 2021. The company will provide investor updates through presentation slides, which will be accessible in the Investors section of their website. Targa specializes in midstream services related to natural gas, NGLs, and crude oil and is known for its diverse infrastructure assets across North America. Further details and updates can be found on their website.

Targa Resources Partners LP has completed the 2020 tax packages for holders of its 9% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units, including Schedules K-1. The tax packages are accessible online via the Partnership's website and are expected to be mailed out during the week of March 1, 2021. Notably, these are the final tax packages for the Series A Preferred Units, which were redeemed on December 21, 2020.

Targa Resources Corp. (NYSE: TRGP) is participating in the Morgan Stanley Energy & Power Conference on March 2, 2021, via video conference. The investor meetings will provide insights into the Company's midstream services and infrastructure operations. Interested investors can access the presentation slides on Targa's website. Targa is a major player in the midstream sector, offering services like gathering, processing, and transporting natural gas and crude oil. For further details, visit www.targaresources.com.

Targa Resources Corp. (NYSE:TRGP) has filed its Form 10-K for the year ending December 31, 2020, with the SEC, detailing its financial performance and operations. Investors can access the reports online at the SEC's website and Targa's investor relations page. Targa is a key player in the midstream services sector, operating across various segments, including natural gas and NGLs. The company focuses on gathering, processing, and transporting these resources, positioning itself as one of the largest independent midstream infrastructure entities in North America.

Targa Resources Corp. (TRGP) reported a fourth quarter 2020 net income of $33.6 million, significantly improving from a loss of $112.8 million in Q4 2019. For the full year, Targa's net loss narrowed to $1,553.9 million compared to $209.2 million in 2019, influenced by a total impairment charge of $2.4 billion. Adjusted EBITDA for Q4 2020 was $438.1 million, down from $465.2 million the previous year but reflecting a 5% increase from Q3 2020. The quarterly dividend was declared at $0.10 per share. Targa estimates a full-year 2021 Adjusted EBITDA between $1.675 billion and $1.775 billion.

Targa Resources Corp. (NYSE: TRGP) announced a rescheduling of its fourth quarter 2020 earnings webcast to February 23, 2021, due to severe winter weather. The financial results will still be reported prior to market opening on February 18, 2021. The webcast will start at 12:00 p.m. Eastern Time and will cover the Company's financial performance for the quarter and full year 2020. For further information, the webcast will be available on the Targa Resources website, and a replay will be accessible two hours post-event.

Targa Resources Corp. (NYSE: TRGP) announced participation in the U.S. Capital Advisors Midstream Conference via video on January 26, 2021. The event aims to engage investors and discuss the company's midstream services. A copy of the presentation slides will be available on the company's investor website. Targa Resources is a major player in North America's midstream infrastructure, specializing in gathering, processing, and transporting natural gas and NGLs, along with crude oil services.

Targa Resources Corp. (NYSE: TRGP) declared a quarterly cash dividend of $0.10 per common share and $23.75 per Series A preferred share for Q4 2020. The common share dividend, amounting to $0.40 annually, will be payable on February 16, 2021, to shareholders on record as of February 1, 2021. Meanwhile, the preferred share dividend will be paid on February 12, 2021.

The company will announce its fourth quarter financial results on February 18, 2021, with a webcast available for investors to follow.