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Targa Res (TRGP) Stock News

TRGP NYSE

Welcome to our dedicated page for Targa Res news (Ticker: TRGP), a resource for investors and traders seeking the latest updates and insights on Targa Res stock.

Targa Resources Corp. operates midstream energy infrastructure focused on natural gas gathering and processing and logistics and transportation for natural gas liquids. Company news commonly covers earnings results, adjusted EBITDA, adjusted cash flow metrics, Permian inlet volumes, NGL fractionation activity, marketing margins, and operations across assets such as the Grand Prix NGL pipeline and LPG export facilities.

Recurring updates also include common-stock dividends, capital projects for new processing plants in the Permian Midland and Permian Delaware, acquisition-related volume growth, weather or commodity-price effects on producer activity, and annual or quarterly reporting matters tied to its NYSE-listed common stock.

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Targa Resources Corp. (NYSE: TRGP) has declared a quarterly cash dividend of $0.10 per common share and $23.75 per Series A preferred share for Q2 2020. The common dividend will be payable on August 17, 2020, to shareholders on record as of July 31, 2020. The preferred dividend will be paid on August 14, 2020. Additionally, Targa will report its Q2 2020 financial results on August 6, 2020, followed by a webcast at 11:00 a.m. ET. The company, a leading midstream service provider in North America, focuses on natural gas and crude oil operations.

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Targa Resources Partners LP announced a monthly cash distribution of $0.1875 per Series A Preferred Unit for July 2020, amounting to an annualized rate of $2.25. The distribution will be paid on August 17, 2020 to holders of record as of July 31, 2020. Targa is recognized as a significant player in the midstream energy sector, engaging in natural gas and NGL services. The partnership's forward-looking statements note potential risks such as market conditions and pandemics impacting operations.

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Targa Resources Corp. will participate in the J.P. Morgan Virtual Energy, Power & Renewables Conference on June 16-17, 2020. The investor meetings will be conducted via video conference, and the presentation slides will be accessible in the Investors section of Targa's website. Targa is a leading independent midstream energy company, engaged in various activities, including transporting and selling natural gas and crude oil. For more details, visit www.targaresources.com.

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Targa Resources Corp. (NYSE: TRGP) announced the election of Ms. Lindsey M. Cooksen to its Board of Directors, increasing the board size to twelve members effective June 1, 2020. Cooksen, founder of Cooksen Wealth, brings extensive experience from Morgan Stanley and Citigroup, with expertise in wealth management and risk mitigation. CEO Matthew J. Meloy expressed confidence in her ability to contribute meaningful insights. This move is part of Targa's succession planning, aiming to enhance the board's financial acumen and investor perspectives.

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Targa Resources Corp. (NYSE: TRGP) will participate in investor meetings at the UBS Virtual Global Oil and Gas Conference via video on May 20, 2020. The presentation slides will be accessible on the Company's website, enhancing transparency for stakeholders. Targa is a prominent provider of midstream services, focusing on the gathering, processing, and selling of natural gas and related products. The company emphasizes its extensive portfolio and pivotal role in the North American energy sector. For more details, visit www.targaresources.com.

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Targa Resources Partners LP has declared a monthly cash distribution of $0.1875 per Series A Preferred Unit for May 2020, amounting to $2.25 annualized. This will be paid on June 15, 2020 to holders of record by May 29, 2020. Targa Resources Partners operates a diverse portfolio in midstream energy assets, including natural gas processing and crude oil services. The company has noted potential risks affecting its operations, including market fluctuations in energy prices. For more information, visit www.targaresources.com.

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FAQ

What is the current stock price of Targa Res (TRGP)?

The current stock price of Targa Res (TRGP) is $264.09 as of June 5, 2026.

What is the market cap of Targa Res (TRGP)?

The market cap of Targa Res (TRGP) is approximately 57.4B.