TRGP: Targa Resources Corp. Instablogs

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Wednesday, May 22, 3:46 PM Credit Suisse stresses a more defensive posture in MLPs, focusing attention on large, relatively liquid, investment-grade MLPs or affiliates with exposure to the coming crude oil production boom in North America. Its eight favorite MLPs to buy now: WMB, QRE, LNG, TRGP, CQP, XTEX, ACMP, GEL. 8 Comments [Energy, Quick Ideas]
Friday, May 3, 8:57 AM Targa Resources (TRGP): Q1 EPS of $0.32 beats by $0.12. (PR) Comment! [Earnings, Breaking News]
Wednesday, April 17, 7:14 AM Targa Resources (TRGP) declares $0.495/share quarterly dividend, 8% increase from prior dividend of $0.4575. Forward yield 2.96%. For shareholders of record Apr. 29. Payable May 16. Ex-div date Apr. 25. (PR) Comment! [Dividends]
Thursday, March 21, 10:43 AM The MLP analyst team at Credit Suisse, which recently reported MLPs have performed well in rising interest rate environments, also offers a list of nine names to own for the next 12 months: QRE, which sports an 11% distribution; XTEX, with a 7.5% distribution; as well as LNG, CQP, TRGP, GEL, DPM, ACMP, TLLP. 1 Comment [Energy, Quick Ideas]
Friday, February 15, 11:27 AM Credit Suisse adds two new names to its MLP favorites and raises price targets on two others, still firm believers in a "catch-up" rally. "Everybody should own" Targa Resources (TRGP +1.2%), CS says as it forecasts 30% distribution growth guidance for the next year. Another addition is Access Midstream (ACMP). Enjoying substantial target price hikes: PAA and GEL. 1 Comment [Energy, Quick Ideas]
Thursday, January 24, 2:58 PM Barclays urges investors to look into master limited partnerships, calling the MLP selloff late last year “not sustainable" and offering eight favorites: TRGP, WMB, OKE, KMI, PAA, EQM, WES, ACMP. On Targa Resources, the firm forecasts a 36% growth in distributions this year, among the highest in the space, driven by $1.9B of organic projects under execution. (also: Barclays' top utilities) 8 Comments [Energy, Quick Ideas]
Tuesday, January 15, 5:16 PM Targa Resources (TRGP) declares $0.4575/share quarterly dividend, 8.2% increase from prior dividend of $0.4225. Forward yield 3.18%. For shareholders of record Jan. 28. Payable Feb. 15. Ex-div date Jan. 24. (PR) Comment! [Dividends]
Tuesday, December 4, 2012, 3:58 PM Master limited partnerships are poised for ~16% overall returns in 2013 after a year of lackluster performance capped by November’s tax-driven selloff, Wells Fargo predicts, as crude oil fundamentals remain strong and nat gas fundamentals should rebound modestly in 2013. Fargo's favorites: GEL, PAA, EPD, MWE, NGLS, EQM, TLLP, SUSP, TRGP, WMB, OKE. 2 Comments [Energy, Quick Ideas]
Thursday, October 18, 2012, 12:56 PM Targa Resources (TRGP -1.9%) expects FY 2012 adjusted EBITDA at or slightly below low-end guidance of $515M, including the impact from Hurricane Isaac and lower average liquefied natural gas prices, which are ~25% lower than the company assumed when it issued guidance at this time last year. Comment! [Energy, On the Move]
Thursday, October 11, 2012, 5:53 PM Targa Resources (TRGP) declares $0.422/share quarterly dividend, 7% increase from prior dividend of $0.393. Forward yield 3.34%. For shareholders of record Oct 22. Payable Nov 15. Ex-div date Oct 18. (PR) Comment! [Dividends]
Wednesday, July 11, 2012, 6:38 PM Targa Resources (TRGP): Declares $0.39375/share quarterly dividend, 8.0% increase from prior dividend of $0.3645. Dividend yield 3.7%. For shareholders of record July 23; payable Aug 15; ex-div date July 19. (PR) Comment! [Dividends]
Thursday, June 21, 2012, 12:17 PM Credit Suisse reduces its growth outlook for natural gas liquids MLPs DCP Midstream Partners (DPM), Targa Resources (TRGP) and Targa Resources Partners (NGLS), expecting sustained weakness in NGL prices and processing margins. The firm believes an NGL oversupply situation could emerge by the end of 2012, resulting in weak prices and margins. Comment! [Energy, Quick Ideas]
Friday, April 27, 2012, 5:33 PM Is this week's big spike in natural gas a sign of a price floor? Is it time to buy? Fund manager Dan Rice likes Range Resources (RRC), whose exposure to rich Appalachian fields that produce gas at low cost should help it survive any further period of depressed prices. Weeden's 45-year vet Charles Maxwell favors Encana (ECA). Morgan Stanley likes: OKE, SUN, TRGP, WMB, SE, XTXI. 11 Comments [Commodities, Quick Ideas]
Thursday, January 12, 2012, 7:13 PM Targa Resources'(TRGP) declares a Q4 cash dividend of 33.625 cents per share, representing a 9% increase on a Q/Q basis, and 31% over the same period last year. Comment!

TRGP Targa Resources Corp.

TRGP

Targa Resources Corp.