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Stock Market & Financial Investment News

News Breaks
May 1, 2014
07:07 EDTNGLSTarga Resources Partners reports Q1 EPS 78c, consensus 49c
Reports Q1 revenue $2.35B, consensus $2.21B.
News For NGLS From The Last 14 Days
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April 21, 2015
18:38 EDTNGLSTarga Resources Partners raises quarterly dividend to 82c per share
Targa Resources Partners announced that the board of its general partner has declared a quarterly cash distribution of 82c per common unit, or $3.28 on an annualized basis, for Q1. The approved distribution represents increases of approximately 1.2% over the previous quarter's distribution. This cash distribution will be paid May 15, on all outstanding common units to holders of record as of the close of business on May 4.
18:31 EDTNGLSTarga Resources Partners sees FY15 gross growth CapEx $700M-$900M
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18:29 EDTNGLSTarga Resources expects flat to low single digit volume growth for FY15
Given the commodity price environment and current expectations for producer activity, TRP expects flat to low single digit 2015 average volume growth for our field gathering and processing operations compared to Q4 of FY14 volumes. Additionally, if commodity prices do not improve from current levels over the course of 2015, average 2016 TRP field volumes may be lower than average 2015 volumes. In the Logistics and Marketing division, TRP expects that 2015 operating margin may be modestly lower than 2014 operating margin. We expect 2015 distribution growth for TRP of 4%-7% over 2014 and approximately 1.0 times distribution coverage.
April 17, 2015
16:24 EDTNGLSTarga Resources Partners files $1B mixed securities shelf
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April 13, 2015
07:13 EDTNGLSWells Fargo to hold a conference
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