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Stock Market & Financial Investment News

News Breaks
January 8, 2013
16:31 EDTNGLSTarga Resources Partners acquires additional property on Houston Ship Channel
Targa Resources Partners announced that it has acquired additional property on the Houston Ship Channel that provides expansion potential for both its Petroleum Logistics clean fuels business and its propane/butane export capabilities. Targa Patriot, which is located about two miles from the Partnership's Galena Park Marine Terminal, includes an existing dock, acreage for expansion build-out, an existing rail siding, and nearby access to the Colonial/Explorer refined products pipeline interconnect hub. The initial investment including acquisition of the property and dock upgrade and refurbishment is approximately $25M. Further plans for clean fuels and/or propane/butane export activity are being developed and could significantly increase growth capital expenditures over time.
News For NGLS From The Last 14 Days
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May 18, 2015
15:29 EDTNGLSOptions with increasing volume
Options with increasing volume: ACHN PAGP CBG NI NGLS LEA OKS GTI WETF URBN
10:01 EDTNGLSOn The Fly: Analyst Downgrade Summary
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07:04 EDTNGLSTarga Resources Partners downgraded to Sell from Buy at Goldman
Goldman downgraded Targa Resources two notches to Sell from Buy and reduced its price target to $42 to reflect lower commodity price forecasts and decelerating distribution growth.
May 15, 2015
11:08 EDTNGLSOmega Advisors gives quarterly update on stakes
NEW STAKES: Targa Resources (TRGP), Targa Resources Partners (NGLS), Humana (HUM), Dow Chemical (DOW), and Twenty-First Century Fox (FOXA). INCREASED STAKES: Kinder Morgan (KMI), Chimera Investment Corporation (CIM), AerCap Holdings (AER), Shire (SHPG), and KKR & Co. (KKR). DECREASED STAKES: eBay (EBAY), Altisource Portfolio Solutions (ASPS), Caesars Entertainment (CZR), Navient (NAVI), and TerraForm Power (TERP). LIQUIDATED STAKES: HCA Holdings (HCA), Gilead (GILD), Cabot Oil & Gas (COG), and Apple (AAPL).

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