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Targa Resources Corp (TRGP.N)

TRGP.N on New York Stock Exchange

45.96USD
22 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Targa Resources Corp reports third quarter financial results
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Targa Resources Corp :Targa Resources Corp reports third quarter 2017 financial results.‍2017 net growth capital expenditures for announced projects will be approximately $1,320.0 million.‍continues to expect 2017 net maintenance capital expenditures will be approximately $110.0 million​.Targa Resources Corp - qtrly total revenue $2,131.8 million versus $1652.3 million ‍​.Q3 earnings per share view $-0.11, revenue view $1.94 billion -- Thomson Reuters I/B/E/S.  Full Article

Targa Resources Partners prices $750 mln offering of senior notes
Wednesday, 11 Oct 2017 

Oct 10 (Reuters) - Targa Resources Corp :Targa Resources Partners LP prices $750 million offering of senior notes.Targa Resources Corp - ‍notes accrue interest at a rate of 5% per annum, mature on January 15, 2028 and were priced at par​.Targa Resources - Co's unit, Targa Resources Partners Finance Corp priced $750 million of senior unsecured notes due 2028​.  Full Article

Targa Resources announces $750 mln offering of senior notes
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Targa Resources Corp :Targa Resources Partners LP announces $750 million offering of senior notes.Targa Resources Corp - unit ‍intends to use net proceeds from offering to redeem its 5% senior notes due 2018​.Targa Resources Corp - ‍intends to use net proceeds also to reduce borrowings under its credit facilities​.Targa Resources Corp- ‍ subsidiary announces offering of $750 million in aggregate principal amount of senior unsecured notes due 2028​.  Full Article

Targa Resources says public offering of 17 mln common shares priced at $46.10/share
Friday, 26 May 2017 

May 25 (Reuters) - Targa Resources Corp :Says public offering of 17.0 million common shares priced at $46.10 per share.  Full Article

Targa Resources Q4 revenue $2.01 billion
Wednesday, 15 Feb 2017 

Targa Resources Corp : Targa Resources Corp. Reports fourth quarter and full year 2016 financial results and provides 2017 operational and financial guidance . Targa Resources Corp -estimates that 2017 field gathering and processing natural gas inlet volumes will average at least 10% higher than 2016 . Targa Resources Corp says in Permian Basin, co see average g&p natural gas inlet volumes will increase by approximately 20% in 2017 compared to 2016 . Targa Resources Corp says expects that 2017 net growth capital expenditures will be at least $700 million . Targa Resources Corp - estimates 2017 average natural gas inlet volumes will be higher than average 2016 volumes . Targa Resources Corp - Targa also expects for 2017 higher average crude volumes in badlands year over year . Qtrly total revenues $2.01 billion versus $1.65 billion .Q4 revenue view $1.94 billion -- Thomson Reuters I/B/E/S.  Full Article

Targa resources reports second quarter 2016 financial results
Wednesday, 3 Aug 2016 

Targa Resources Corp :Targa resources corp. Reports second quarter 2016 financial results.  Full Article

Sanchez Energy announces Q2 2016 operating results
Tuesday, 19 Jul 2016 

Sanchez Energy Corp : Sanchez Energy announces Q2 2016 operating results . Q2 2016 production was approximately 5.1 million barrels of oil equivalent .Says average cost per well was $3.3 mln during Q2 2016, with results of some wells coming in below $3 mln during quarter.  Full Article

Sanchez Production Partners buys midstream asset in the Eagle Ford
Wednesday, 6 Jul 2016 

Sanchez Production Partners LP : Sanchez Production Partners acquires midstream asset in the Eagle Ford . Consideration for an initial payment of approximately $37 million in cash . SPP has amended its $500 million credit facility to stipulate conditions for investments in joint ventures . Further modifications in credit amendment include increasing required mortgage percentage on upstream assets to 90% . Sanchez production partners acquires midstream asset in the eagle ford . Anticipate Carnero gathering transaction will increase midstream revenue and adjusted EBITDA as we complete 2016 and head into 2017 . Carnero gathering transaction expected to result in annualized adjusted EBITDA of approximately $7.0 million .Consideration includes assumption of Sanchez's remaining capital commitments to Carnero, estimated at about $7.4 million.  Full Article

Sanchez Energy reports qtrly net loss per common share of $1.20
Monday, 9 May 2016 

Sanchez Energy Corp : Total production of 5.1 million barrels of oil equivalent during q1 2016, up approximately 26% over q1 2015 . Qtrly net loss per common share $1.20 . Qtrly total revenues $79.8 million versus $110.6 million last year . Q1 earnings per share view $-0.12, revenue view $123.8 million -- Thomson Reuters I/B/E/S . Reiterate 2016 upstream capital spending guidance of $200 million to $250 million .Sanchez energy announces first quarter 2016 operating and financial results.  Full Article

Targa Resources Corp announces upsize of 9.5% series a preferred stock private placement
Wednesday, 16 Mar 2016 

Targa Resources Corp:Says has received definitive agreements for the purchase of approximately $1.0 billion of 9.5% Series A Preferred Stock.Says private placement of the Preferred Stock is expected to close on or about Wednesday, March 16, 2016.  Full Article

BRIEF-Targa Resources Qtrly Total Revenue $2,702.8 Mln Vs $2,012.6 Mln

* . REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS AND PROVIDES 2018 OPERATIONAL AND FINANCIAL GUIDANCE