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.
Targa Resources Corp. (NYSE: TRGP) will participate in investor meetings at the Capital One Securities 17th Annual Energy Conference on December 7, 2022, in Houston, TX. The Company is a leading midstream services provider in North America, owning and operating essential infrastructure for natural gas and NGLs. The conference slides will be available in the Investors section of Targa's website. Targa is a FORTUNE 500 company and a member of the S&P 500, connecting natural gas and NGLs to growing domestic and international markets.
Targa Resources Corp. (NYSE: TRGP) will participate in the RBC Capital Markets Midstream and Energy Infrastructure Conference on November 16, 2022, in Dallas, TX. This engagement reflects Targa's commitment to connecting natural gas and NGLs to domestic and international markets. The company's diversified midstream infrastructure is vital for reliable energy delivery across the U.S. Interested investors can access the presentation slides on Targa's website.
Targa Resources Corp. (TRGP) reported a strong third quarter 2022, achieving a net income of $193.1 million, up 6% from $182.2 million in Q3 2021. The company also announced a record adjusted EBITDA of $768.6 million, a 52% increase year-over-year. Targa declared a quarterly dividend of $0.35 per share, totaling approximately $79 million to be paid on November 15, 2022. The company continued to enhance its operational capacity with new plants and projects, including the Wildcat II and Daytona NGL Pipeline, expected to be operational by 2024.
Targa Resources Corp. (NYSE: TRGP) declared a quarterly cash dividend of $0.35 per common share for Q3 2022, amounting to $1.40 annually. This dividend is payable on November 15, 2022, to shareholders on record by the end of October 31, 2022. The company will announce its Q3 2022 financial results on November 3, 2022, before market open, followed by a live earnings webcast at 11:00 a.m. ET. Targa is a leading midstream service provider in North America, crucial for delivering energy across the U.S. and globally.
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Targa Resources Corp. (NYSE: TRGP) announced participation in investor meetings via video conference at the Wolfe Research Utilities, Midstream & Clean Energy Conference on September 30, 2022. The presentation slides will be available on the Company’s website. Targa is a leading midstream service provider and one of the largest independent midstream infrastructure companies in North America. The company connects natural gas and NGLs to increasing domestic and international markets, focusing on cleaner fuels.
Targa Resources Corp. (NYSE: TRGP) is set to participate in key investor meetings at two conferences: the Citi One-on-One Midstream / Energy Infrastructure Conference on August 16-17, 2022, in Las Vegas, NV, and the Seaport Research Partners Annual Summer Investor Conference on August 24, 2022, via video conference. Attendees can access presentation slides in the Investors section of Targa's website. Targa is a leading midstream service provider, playing a crucial role in energy delivery across the U.S. and global markets.
Targa Resources Corp. (TRGP) reported impressive second-quarter 2022 results, with net income soaring to $596.4 million from $56.2 million in Q2 2021. This includes a significant $435.9 million gain from equity method investment sales. Adjusted EBITDA rose 45% to $666.4 million, driven by higher commodity prices and record natural gas volumes averaging 3.1 Bcf/d. Targa declared a quarterly dividend of $0.35 per share. Additionally, the company increased its 2022 adjusted EBITDA guidance to between $2.85 billion and $2.95 billion, reflecting its recent acquisitions and growth projects.
Targa Resources Corp. (NYSE: TRGP) has successfully acquired Lucid Energy Delaware, LLC for $3.55 billion, enhancing its presence in the Delaware Basin. The acquisition, funded through loans and a public note offering, adds over 1,050 miles of natural gas pipelines and significant cryogenic processing capacity. Lucid's assets are secured by long-term contracts from diverse clients on over 600,000 dedicated acres, tapping into lucrative crude oil and natural gas production areas.
Targa Resources Corp. (NYSE: TRGP) declared a quarterly cash dividend of $0.35 per common share for Q2 2022, amounting to $1.40 annually. This dividend will be paid on August 15, 2022, to shareholders on record by July 29, 2022. The company's financial results for the second quarter will be available on August 4, 2022, followed by a live webcast at 11:00 a.m. ET. Targa, a leading provider of midstream services and a FORTUNE 500 company, operates critical infrastructure for energy delivery across the U.S.