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Targa Resources Inc Value Stock - Dividend - Research Selection

Targa resources

ISIN: US87612G1013 , WKN: A1C9E3

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Description of the company

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.

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NEWS


Targa Resources Corp (TRGP) Q1 2025 Earnings Call Highlights: Record EBITDA and Strategic ...

2025-05-02
Targa Resources Corp (TRGP) reports a 22% increase in adjusted EBITDA, robust asset performance, and strategic capital management amid market volatility.

Q1 2025 Targa Resources Corp Earnings Call

2025-05-02
Q1 2025 Targa Resources Corp Earnings Call

Targa Resources (TRGP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

2025-05-01
The headline numbers for Targa Resources (TRGP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Targa Resources (NYSE:TRGP) Reports Higher Production And Flat Earnings For First Quarter

2025-05-01
Targa Resources (NYSE:TRGP) reported its earnings and operational results, marking a slight decrease in both revenue and net income year-over-year, despite increased production metrics. The company's price movement remained largely flat over the past week, reflecting the broader market's positive sentiment as major indexes, including the Dow and S&P 500, surged, driven by robust earnings from tech giants like Microsoft and Meta. While Targa’s operational improvements, especially in natural...

Targa Resources Gets 1Q Earnings Boost from Bakken, NatGas

2025-05-01
Targa Resources says crude sales from its Badlands operations in the Bakken were up 13% from 2024 to 107,100 bbl/d.

Targa Resources Corp. stock underperforms Thursday when compared to competitors

2025-05-01
Targa Resources Corp. stock underperforms Thursday when compared to competitors

Targa Resources, Inc. (TRGP) Could Be a Great Choice

2025-05-01
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes? Let's find out.

Targa Resources Corp. (TRGP) Q1 2025 Earnings Call Transcript

2025-05-01
Targa Resources Corp. (NYSE:TRGP) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ETCompany ParticipantsTristan Richardson - VP, IR &...

Targa Resources Corp. 2025 Q1 - Results - Earnings Call Presentation

2025-05-01

Targa Resources reports higher Q1 core profit on strength of North Dakota assets

2025-05-01
Pipeline operator Targa Resourceson Thursday reported a rise in adjusted core profit inthe first quarter, helped by its Badlands operations in NorthDakota and as higher NGL prices and service fees...