TRGP up +1.47% percent right now. $TRGP High is at 122.32 and the Low 119.00 with current volume of 444,500.
Recent News posted below.
TRGP Targa Resources Recent Headline News
Targa Resources Partners LP and Targa Resources Corp. Report Third Quarter 2014 Financial Results
GlobeNewswire - Tue Nov 04, 6:00AM CST
Targa Resources Partners LP (NYSE:NGLS) ("Targa Resources Partners" or the "Partnership"
and Targa Resources Corp. (NYSE:TRGP) ("TRC" or the "Company" today reported third quarter 2014 results.
NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Atlas Pipeline Partners, L.P. Reports Third Quarter 2014 Results
PR Newswire - Mon Nov 03, 5:15PM CST
-- Adjusted EBITDA for third quarter 2014 was $106.6 million, a 27% increase year-over-year
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Watch These Two Energy Stocks for Possible Dividend Cuts
at The Street - Tue Oct 28, 6:42AM CDT
We continue our look at high-yielding energy plays with two master limited partnerships that were suggested by readers.
APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74), LINE: 24.20 (+0.28), VNR: 25.19 (+0.99)
Williams Cos. Sweetens Terms for MLPs' $50 Billion Merger
at The Street - Mon Oct 27, 10:43AM CDT
The deal moves the gas company closer to a pure play general partner holding company.
KMI: 38.75 (+0.22), QEP: 25.87 (+0.32), ATLS: 37.32 (+1.48), OILT: 44.80 (+0.77), APL: 34.47 (+0.47), ACMP: 62.89 (+1.19), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74), WMB: 55.38 (+0.67), TLLP: 57.73 (+0.80), WPZ: 52.48 (+0.72), EPD: 37.62 (+1.05)
Warburg Pincus Completes $4 Billion Global Private Equity Energy Fundraise
PR Newswire - Mon Oct 27, 9:00AM CDT
Warburg Pincus ("the firm", a leading global private equity firm focused on growth investing, today announced the closing of Warburg Pincus Energy, L.P. ("Warburg Pincus Energy" at $4 billion, surpassing its fundraising target of $3 billion and reaching the fund cap agreed with investors. Warburg Pincus Energy will be a companion fund to Warburg Pincus Private Equity XI, L.P., an $11.2 billion global private equity fund, which closed in May 2013. Warburg Pincus Energy was launched in November 2013 and held an oversubscribed first close in May 2014.
MEG.TO: 28.24 (+1.41), NFX: 33.57 (+1.07), AR: 55.06 (+2.26), BBG: 13.75 (+1.20), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74), LPI: 19.08 (+1.05), KOS: 10.25 (+0.81)
Targa Resources Announces Increase in Quarterly Dividend and Distribution
GlobeNewswire - Thu Oct 23, 4:31PM CDT
Targa Resources Corp. ("TRC" or the "Company" (NYSE:TRGP) and Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership" (NYSE:NGLS) announced their respective quarterly dividend and distribution for the third quarter of 2014.
NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa Resources Partners LP Prices $800 Million Offering of Senior Notes
GlobeNewswire - Thu Oct 23, 4:13PM CDT
Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership" (NYSE:NGLS) and its subsidiary Targa Resources Partners Finance Corporation announced today the pricing of $800 million of senior unsecured notes. The 4.125 percent notes mature November 15, 2019 and were priced at 100 percent of the principal amount to yield 4.125 percent.
NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa Resources Partners LP Announces $550 Million Offering of Senior Notes
GlobeNewswire - Thu Oct 23, 8:03AM CDT
Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership" (NYSE:NGLS) and its subsidiary Targa Resources Partners Finance Corporation announced today that, subject to market conditions, they intend to sell in an offering in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act", and to persons outside of the United States pursuant to Regulation S under the Securities Act, $550 million in aggregate principal amount of senior unsecured notes due 2019. The Partnership intends to use the net proceeds from the offering to reduce borrowings under its senior secured credit facility, and will use the remaining proceeds for general partnership purposes, which may include repaying other indebtedness, redeeming or repurchasing some of its outstanding notes, working capital and funding capital expenditures and acquisitions.
NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
3 Stocks Raising The Utilities Sector Higher
at The Street - Thu Oct 16, 12:22PM CDT
TheStreet highlights 3 stocks pushing the basic materials sector higher today.
NI: 42.38 (+0.11), PPL: 36.51 (+0.52), TRGP: 120.16 (+1.74)
Targa Resources Announces Timing of Third Quarter 2014 Earnings Releases and Conference Call
GlobeNewswire - Wed Oct 15, 5:28PM CDT
Targa Resources Corp. (NYSE:TRGP) ("TRC" or the "Company" and Targa Resources Partners LP (NYSE:NGLS) ("Targa Resources Partners" or the "Partnership" announced today that they each will report their third quarter 2014 financial results before the NYSE opens for trading on Tuesday, November 4, 2014. The Company and the Partnership will host a conference call for investors and analysts at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) to discuss third quarter results.
NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Atlas Energy/Atlas Pipeline to Targa for $7.7B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 14, 3:55PM CDT
Atlas Energy to be acquired by Targa Resources Corp. and Atlas Pipeline to be acquired by Targa Resources Partners.
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
EQUITY ALERT: Rosen Law Firm Announces Investigation of Atlas Energy, L.P. Concerning its Proposed Sale to Targa Resources Corp. - ATLS
Business Wire - Tue Oct 14, 3:36PM CDT
The Rosen Law Firm, P.A. announces that it is investigating the Board of Directors of Atlas Energy, L.P. (NYSE:ATLS) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Atlas Energy to maximize shareholder value before agreeing to be acquired by Targa Resources Corp. (NYSE:TRGP).
ATLS: 37.32 (+1.48), TRGP: 120.16 (+1.74)
Oil & Gas Stock Roundup: Targa, Atlas to Combine Pipeline Assets for $7.7B - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Oct 14, 2:39PM CDT
It was a week where units of U.S. pipeline operators Targa Resources Corp. (TRGP) and Atlas Energy L.P. (ATLS) agreed to combine their midstream assets in a $7.7 billion deal.
ECA: 18.91 (+0.54), CAM: 59.24 (+0.95), RDS.A: 71.00 (+1.54), ATLS: 37.32 (+1.48), HAL: 53.86 (+0.69), TRGP: 120.16 (+1.74), SLB: 98.73 (+1.75)
MLPs: Targa Resources Partners LP Goes From Target to Hunter
Matt DiLallo, The Motley Fool - Motley Fool - Mon Oct 13, 3:02PM CDT
Earlier this summer Targa Resources Corp and its MLP , Targa Resources Partners LP were thought to be acquisition targets. Bloomberg reported that Energy Transfer Partners had targeted Targa , but the deal never materialized. Today, we...
ETP: 66.01 (+2.54), ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa Resources Rolls Up a Pair of Atlas Partnerships for $7.7 Billion
at The Street - Mon Oct 13, 11:43AM CDT
Deal valued at $7.7 billion in cash, stock and assumed debt is latest in bout of consolidation in midstream industry.
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa Resources (TRGP) Falls Further As It's Water-Logged And Getting Wetter
at The Street - Mon Oct 13, 9:21AM CDT
Trade-Ideas LLC identified Targa Resources (TRGP) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate
TRGP: 120.16 (+1.74)
Targa To Buy Atlas In $7.7 Bil Pipeline Deal
at Investor's Business Daily - Mon Oct 13, 8:39AM CDT
Targa Resources (TRGP) and Targa Resources Partners (NGLS) said they have agreed to acquire Atlas Energy (ATLS) and its subsidiary Atlas Pipeline Partners (APL) in a deal worth around $7.7 billion. Shares of Houston-based Targa Resources Partners, an...
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa buying Atlas Pipeline, Atlas Energy
AP - Mon Oct 13, 7:57AM CDT
HOUSTON (AP) — Targa Resources is buying Atlas Pipeline Partners and Atlas Energy in a deal valued at close to $6 billion, creating a huge energy transportation and storage company.
ATLS: 37.32 (+1.48), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Atlas Pipeline Partners, L.P. To Be Acquired By Targa Resources Partners L.P. In A Transaction Valued At $7.7 Billion
PR Newswire - Mon Oct 13, 6:48AM CDT
Atlas Pipeline Partners, L.P. (NYSE: APL) ("APL", "Atlas Pipeline", or the "Partnership" announced today that the Partnership has entered into a definitive agreement to be acquired by Targa Resources Partners L.P. (NYSE: NGLS) in a transaction valuing Atlas Pipeline at $7.7 billion, including debt and general partner interests. Atlas Pipeline shareholders will receive consideration valued at $38.66 per unit in total, a 15% premium to Atlas Pipeline's closing unit price on October 10, 2014. Atlas Pipeline limited partner unitholders will receive a fixed ratio of 0.5846 units of Targa Resources Partners L.P. (NYSE: NGLS) and $1.26 in cash for each outstanding Atlas Pipeline common unit. To increase cash flow at NGLS, its' general partner has agreed to reduce ("give-back" substantial cash flow of their incentive distribution rights over the next four years.
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa To Acquire Atlas Energy And Atlas Pipeline For $7.7 Billion; Transaction Excludes All Non-Midstream Assets
PR Newswire - Mon Oct 13, 6:44AM CDT
Atlas Energy, L.P. (NYSE: ATLS) ("ATLS" or "the Company" announced today along with its midstream subsidiary, Atlas Pipeline Partners, L.P. (NYSE: APL), that both companies have entered into definitive agreements to be acquired by Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS), respectively, in a transaction valued at approximately $7.7 billion. TRGP will acquire the midstream assets of ATLS immediately following the separation of all of the Company's non-midstream assets as detailed below.
ARCX: 23.00 (-0.01), ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74), ARP: 16.64 (+0.56)
Recent News posted below.
TRGP Targa Resources Recent Headline News
Targa Resources Partners LP and Targa Resources Corp. Report Third Quarter 2014 Financial Results
GlobeNewswire - Tue Nov 04, 6:00AM CST
Targa Resources Partners LP (NYSE:NGLS) ("Targa Resources Partners" or the "Partnership"
and Targa Resources Corp. (NYSE:TRGP) ("TRC" or the "Company" today reported third quarter 2014 results. NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Atlas Pipeline Partners, L.P. Reports Third Quarter 2014 Results
PR Newswire - Mon Nov 03, 5:15PM CST
-- Adjusted EBITDA for third quarter 2014 was $106.6 million, a 27% increase year-over-year
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Watch These Two Energy Stocks for Possible Dividend Cuts
at The Street - Tue Oct 28, 6:42AM CDT
We continue our look at high-yielding energy plays with two master limited partnerships that were suggested by readers.
APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74), LINE: 24.20 (+0.28), VNR: 25.19 (+0.99)
Williams Cos. Sweetens Terms for MLPs' $50 Billion Merger
at The Street - Mon Oct 27, 10:43AM CDT
The deal moves the gas company closer to a pure play general partner holding company.
KMI: 38.75 (+0.22), QEP: 25.87 (+0.32), ATLS: 37.32 (+1.48), OILT: 44.80 (+0.77), APL: 34.47 (+0.47), ACMP: 62.89 (+1.19), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74), WMB: 55.38 (+0.67), TLLP: 57.73 (+0.80), WPZ: 52.48 (+0.72), EPD: 37.62 (+1.05)
Warburg Pincus Completes $4 Billion Global Private Equity Energy Fundraise
PR Newswire - Mon Oct 27, 9:00AM CDT
Warburg Pincus ("the firm"
, a leading global private equity firm focused on growth investing, today announced the closing of Warburg Pincus Energy, L.P. ("Warburg Pincus Energy" at $4 billion, surpassing its fundraising target of $3 billion and reaching the fund cap agreed with investors. Warburg Pincus Energy will be a companion fund to Warburg Pincus Private Equity XI, L.P., an $11.2 billion global private equity fund, which closed in May 2013. Warburg Pincus Energy was launched in November 2013 and held an oversubscribed first close in May 2014. MEG.TO: 28.24 (+1.41), NFX: 33.57 (+1.07), AR: 55.06 (+2.26), BBG: 13.75 (+1.20), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74), LPI: 19.08 (+1.05), KOS: 10.25 (+0.81)
Targa Resources Announces Increase in Quarterly Dividend and Distribution
GlobeNewswire - Thu Oct 23, 4:31PM CDT
Targa Resources Corp. ("TRC" or the "Company"
(NYSE:TRGP) and Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership" (NYSE:NGLS) announced their respective quarterly dividend and distribution for the third quarter of 2014. NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa Resources Partners LP Prices $800 Million Offering of Senior Notes
GlobeNewswire - Thu Oct 23, 4:13PM CDT
Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership"
(NYSE:NGLS) and its subsidiary Targa Resources Partners Finance Corporation announced today the pricing of $800 million of senior unsecured notes. The 4.125 percent notes mature November 15, 2019 and were priced at 100 percent of the principal amount to yield 4.125 percent. NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa Resources Partners LP Announces $550 Million Offering of Senior Notes
GlobeNewswire - Thu Oct 23, 8:03AM CDT
Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership"
(NYSE:NGLS) and its subsidiary Targa Resources Partners Finance Corporation announced today that, subject to market conditions, they intend to sell in an offering in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act", and to persons outside of the United States pursuant to Regulation S under the Securities Act, $550 million in aggregate principal amount of senior unsecured notes due 2019. The Partnership intends to use the net proceeds from the offering to reduce borrowings under its senior secured credit facility, and will use the remaining proceeds for general partnership purposes, which may include repaying other indebtedness, redeeming or repurchasing some of its outstanding notes, working capital and funding capital expenditures and acquisitions. NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
3 Stocks Raising The Utilities Sector Higher
at The Street - Thu Oct 16, 12:22PM CDT
TheStreet highlights 3 stocks pushing the basic materials sector higher today.
NI: 42.38 (+0.11), PPL: 36.51 (+0.52), TRGP: 120.16 (+1.74)
Targa Resources Announces Timing of Third Quarter 2014 Earnings Releases and Conference Call
GlobeNewswire - Wed Oct 15, 5:28PM CDT
Targa Resources Corp. (NYSE:TRGP) ("TRC" or the "Company"
and Targa Resources Partners LP (NYSE:NGLS) ("Targa Resources Partners" or the "Partnership" announced today that they each will report their third quarter 2014 financial results before the NYSE opens for trading on Tuesday, November 4, 2014. The Company and the Partnership will host a conference call for investors and analysts at 10:30 a.m. Eastern Time (9:30 a.m. Central Time) to discuss third quarter results. NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Atlas Energy/Atlas Pipeline to Targa for $7.7B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 14, 3:55PM CDT
Atlas Energy to be acquired by Targa Resources Corp. and Atlas Pipeline to be acquired by Targa Resources Partners.
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
EQUITY ALERT: Rosen Law Firm Announces Investigation of Atlas Energy, L.P. Concerning its Proposed Sale to Targa Resources Corp. - ATLS
Business Wire - Tue Oct 14, 3:36PM CDT
The Rosen Law Firm, P.A. announces that it is investigating the Board of Directors of Atlas Energy, L.P. (NYSE:ATLS) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Atlas Energy to maximize shareholder value before agreeing to be acquired by Targa Resources Corp. (NYSE:TRGP).
ATLS: 37.32 (+1.48), TRGP: 120.16 (+1.74)
Oil & Gas Stock Roundup: Targa, Atlas to Combine Pipeline Assets for $7.7B - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Oct 14, 2:39PM CDT
It was a week where units of U.S. pipeline operators Targa Resources Corp. (TRGP) and Atlas Energy L.P. (ATLS) agreed to combine their midstream assets in a $7.7 billion deal.
ECA: 18.91 (+0.54), CAM: 59.24 (+0.95), RDS.A: 71.00 (+1.54), ATLS: 37.32 (+1.48), HAL: 53.86 (+0.69), TRGP: 120.16 (+1.74), SLB: 98.73 (+1.75)
MLPs: Targa Resources Partners LP Goes From Target to Hunter
Matt DiLallo, The Motley Fool - Motley Fool - Mon Oct 13, 3:02PM CDT
Earlier this summer Targa Resources Corp and its MLP , Targa Resources Partners LP were thought to be acquisition targets. Bloomberg reported that Energy Transfer Partners had targeted Targa , but the deal never materialized. Today, we...
ETP: 66.01 (+2.54), ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa Resources Rolls Up a Pair of Atlas Partnerships for $7.7 Billion
at The Street - Mon Oct 13, 11:43AM CDT
Deal valued at $7.7 billion in cash, stock and assumed debt is latest in bout of consolidation in midstream industry.
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa Resources (TRGP) Falls Further As It's Water-Logged And Getting Wetter
at The Street - Mon Oct 13, 9:21AM CDT
Trade-Ideas LLC identified Targa Resources (TRGP) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate
TRGP: 120.16 (+1.74)
Targa To Buy Atlas In $7.7 Bil Pipeline Deal
at Investor's Business Daily - Mon Oct 13, 8:39AM CDT
Targa Resources (TRGP) and Targa Resources Partners (NGLS) said they have agreed to acquire Atlas Energy (ATLS) and its subsidiary Atlas Pipeline Partners (APL) in a deal worth around $7.7 billion. Shares of Houston-based Targa Resources Partners, an...
ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa buying Atlas Pipeline, Atlas Energy
AP - Mon Oct 13, 7:57AM CDT
HOUSTON (AP) — Targa Resources is buying Atlas Pipeline Partners and Atlas Energy in a deal valued at close to $6 billion, creating a huge energy transportation and storage company.
ATLS: 37.32 (+1.48), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Atlas Pipeline Partners, L.P. To Be Acquired By Targa Resources Partners L.P. In A Transaction Valued At $7.7 Billion
PR Newswire - Mon Oct 13, 6:48AM CDT
Atlas Pipeline Partners, L.P. (NYSE: APL) ("APL", "Atlas Pipeline", or the "Partnership"
announced today that the Partnership has entered into a definitive agreement to be acquired by Targa Resources Partners L.P. (NYSE: NGLS) in a transaction valuing Atlas Pipeline at $7.7 billion, including debt and general partner interests. Atlas Pipeline shareholders will receive consideration valued at $38.66 per unit in total, a 15% premium to Atlas Pipeline's closing unit price on October 10, 2014. Atlas Pipeline limited partner unitholders will receive a fixed ratio of 0.5846 units of Targa Resources Partners L.P. (NYSE: NGLS) and $1.26 in cash for each outstanding Atlas Pipeline common unit. To increase cash flow at NGLS, its' general partner has agreed to reduce ("give-back" substantial cash flow of their incentive distribution rights over the next four years. ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74)
Targa To Acquire Atlas Energy And Atlas Pipeline For $7.7 Billion; Transaction Excludes All Non-Midstream Assets
PR Newswire - Mon Oct 13, 6:44AM CDT
Atlas Energy, L.P. (NYSE: ATLS) ("ATLS" or "the Company"
announced today along with its midstream subsidiary, Atlas Pipeline Partners, L.P. (NYSE: APL), that both companies have entered into definitive agreements to be acquired by Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS), respectively, in a transaction valued at approximately $7.7 billion. TRGP will acquire the midstream assets of ATLS immediately following the separation of all of the Company's non-midstream assets as detailed below. ARCX: 23.00 (-0.01), ATLS: 37.32 (+1.48), APL: 34.47 (+0.47), NGLS: 58.93 (+0.46), TRGP: 120.16 (+1.74), ARP: 16.64 (+0.56)
