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Targa Resources (TRGP) Stock News, Feb-Aug 2023

TRGP NYSE

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) announced the appointment of Joel Thomas as Senior Vice President - Finance and Treasurer effective April 13, 2023. Joel, who joined Targa in 2012, held multiple roles and was most recently Vice President of Corporate and Commercial Development. His previous experience includes work at Wells Fargo Securities in energy investment banking. Targa, a leading provider of midstream services and a FORTUNE 500 company included in the S&P 500, is vital for the delivery of energy across the U.S. and beyond, managing a diversified portfolio of midstream infrastructure assets. The company’s operations cover the full spectrum of natural gas and NGL services, contributing significantly to the energy market.

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Targa Resources Corp. (NYSE: TRGP) announced a 43% increase in its quarterly cash dividend to $0.50 per common share for Q1 2023. This equates to an annualized dividend of $2.00 per share. The dividend payment is scheduled for May 15, 2023, with a record date of April 28, 2023. Targa will report its Q1 2023 financial results on May 4, 2023 before the market opens and will host a webcast at 11:00 a.m. ET. As a leading midstream service provider, Targa connects natural gas and NGLs to crucial markets across the U.S. and internationally, continuously focusing on safe and efficient energy delivery.

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Targa Resources Corp. (NYSE: TRGP) will participate in the J.P. Morgan Midwest Utilities & Midstream 1x1 Forum on April 6, 2023, in Chicago, IL. The Company aims to showcase its midstream services and infrastructure capabilities, emphasized by its robust operations in natural gas, NGLs, and crude oil. Attendees can access presentation slides in the Investors section of Targa's website. As a leading independent midstream entity, Targa connects energy resources to domestic and international markets, playing a vital role in the delivery of cleaner fuels.

For further updates, visit www.targaresources.com.

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Targa Resources Corp. (NYSE: TRGP) will participate in investor meetings at the Morgan Stanley Global Energy and Power Conference on March 1, 2023, in New York City. The company will offer access to conference slides via its investors section. Targa is recognized as a leader in midstream services and ranks among the largest independent midstream infrastructure companies in North America, facilitating the efficient delivery of energy across the U.S. and international markets. The company's operations include gathering and processing natural gas and NGLs, essential for meeting the demand for cleaner energy fuels.

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On February 22, 2023, Targa Resources Corp. (NYSE: TRGP) filed its Form 10-K with the SEC for the year ending December 31, 2022. This report is accessible on the SEC's website and the Investors section of Targa's website. The company, a leading provider of midstream services in North America, plays a vital role in connecting natural gas and NGLs to domestic and international markets. Targa Resources is a FORTUNE 500 company and is part of the S&P 500, emphasizing its significance in the energy sector.

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FAQ

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

The current stock price of Targa Resources (TRGP) is $279.31 as of October 2, 2026.

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

The market cap of Targa Resources (TRGP) is approximately 59.9B.