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.
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.
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.
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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