Targa Resources Partners LP (NGLS) 10.65 $NGLS
Targa Resources Partners LP Announces Monthly Distribution on Preferred Units
GlobeNewswire - Wed May 18, 3:31PM CDT
Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership"
(NYSE:NGLS PRA) announced its monthly distribution on the Partnership's 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Series A Preferred Units" for May 2016.
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Targa Resources Corp. Announces Upsize of 9.5% Series A Preferred Stock Private Placement to Approximately $1.0 Billion
GlobeNewswire - Wed Mar 16, 7:00AM CDT
Targa Resources Corp. ("Targa" or the "Company" (NYSE:TRGP) announced today that it has received definitive agreements for the purchase of approximately $1.0 billion of 9.5% Series A Preferred Stock (the "Preferred Stock" , which includes the Preferred Stock from Stonepeak Infrastructure Partners ("Stonepeak" that was previously announced by the Company on February 18, 2016, and additional Preferred Stock as a result of investor interest after the initial announcement from funds managed by Blackstone Tactical Opportunities, Energy Capital Partners Mezzanine Opportunities Fund, investment companies affiliated with Tortoise Capital Advisors, L.L.C. and other institutional investors (collectively with Stonepeak, the "Preferred Investors" . The private placement of the Preferred Stock is expected to close on or about Wednesday, March 16, 2016.
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Targa Resources Partners LP Announces 2015 Schedules K-1 Available
GlobeNewswire - Mon Mar 14, 6:18PM CDT
Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership" today announced that it has completed the 2015 tax packages for the following groups of unitholders, including Schedules K-1:
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Oil & Gas Pipelines Equities Technical Review -- MPLX LP, Targa Resources Partners, Enbridge, and Sunoco Logistics Partners
ACCESSWIRE - Wed Feb 10, 7:02AM CST
NEW YORK, NY / ACCESSWIRE / February 10, 2016 / Park Lane Advisor has initiated coverage on the following equities: MPLX L.P. (NYSE: MPLX), Targa Resources Partners L.P. (NYSE: NGLS), Enbridge Inc. (NYSE: ENB), and Sunoco Logistics Partners L.P. (NYSE: SXL). Free note on MPLX LP can be accessed at http://www.parklaneadvisor.com/ On Tuesday, February 09, 2016, the NASDAQ Composite ended at 4,268.76, down 0.35%, the Dow Jones Industrial Average edged 0.08% lower, to finish the day at 16,014.38, and the S&P 500 closed at 1,852.21, down 0.07%. Register for your complimentary reports at the links given below.
MPLX: 32.48 (-0.97), NGLS: 10.65 (+0.63), ENB: 41.54 (-1.50), SXL: 27.49 (-1.14)
Oil Rolls Over and Takes Oil Stocks Down With it
Matthew DiLallo, The Motley Fool - Motley Fool - Tue Feb 09, 8:41PM CST
What: Despite a very bearish oil market report that was released earlier today by the International Energy Agency, oil remained pretty calm for most of the day, trading at right around $30 a barrel. That calm didn't last, with oil slumping in...
WLL: 9.65 (-1.67), NBR: 10.06 (-0.73), NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85), SWN: 12.62 (-0.95)
Targa Resources Announces Timing of Fourth Quarter and Full Year 2015 Earnings Releases and Conference Call and Provides Some Preliminary Fourth Quarter Results
GlobeNewswire - Tue Feb 09, 4:21PM CST
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 fourth quarter and full year 2015 financial results before the NYSE opens for trading on Thursday, February 25, 2016. 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 fourth quarter and full year results.
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Swank Capital and Cushing® Asset Management Announce Constituent Changes to the Cushing® MLP High Income Index
PR Newswire - Fri Feb 05, 8:02AM CST
Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to the constituents of The Cushing® MLP High Income Index (the "Index" . Index constituents Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS) previously entered into an Agreement and Plan of Merger wherein NGLS would be acquired by TRGP, subject to the approval of both TRGP shareholders and NGLS unitholders. Under the terms of the proposed acquisition, TRGP would terminate the master limited partnership ("MLP" structure of NGLS and absorb it as a wholly-owned subsidiary within a C-corporation structure; consequently, TRGP would cease to have an interest as a holder of general partner or limited partner units in an MLP and, per the Methodology Guide for the Index, would no longer be eligible for inclusion in the Index.
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Swank Capital and Cushing® Asset Management Announce a Potential Constituent Change to The Cushing® 30 MLP Index
PR Newswire - Fri Feb 05, 8:02AM CST
Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to the constituents of The Cushing® 30 MLP Index (the "Index" . Index constituents Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS) previously entered into an Agreement and Plan of Merger wherein NGLS would be acquired by TRGP, subject to the approval of both TRGP shareholders and NGLS unitholders. Under the terms of the proposed acquisition, TRGP would terminate the master limited partnership ("MLP" structure of NGLS and absorb it as a wholly-owned subsidiary within a C-corporation structure; consequently, TRGP would cease to have an interest as a holder of general partner or limited partner units in an MLP and would, per the Methodology Guide for the Index, no longer be eligible for inclusion in the Index.
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Swank Capital and Cushing® Asset Management Announce a Potential Constituent Change to The Cushing® MLP Market Cap Index
PR Newswire - Fri Feb 05, 8:02AM CST
Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to the constituents of The Cushing® MLP Market Cap Index (the "Index" . Index constituents Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS) previously entered into an Agreement and Plan of Merger wherein NGLS would be acquired by TRGP, subject to the approval of both TRGP shareholders and NGLS unitholders. Under the terms of the proposed acquisition, TRGP would terminate the master limited partnership ("MLP" structure of NGLS and absorb it as a wholly-owned subsidiary within a C-corporation structure; consequently, TRGP would cease to have an interest as a holder of general partner or limited partner units in an MLP and, per the Methodology Guide for the Index, would no longer be eligible for inclusion in the Index.
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Shares of Targa Resources Continued Their Long Slide in January with a 20% Dip
Tyler Crowe, The Motley Fool - Motley Fool - Wed Feb 03, 8:25AM CST
What: Shares of Targa Resouces Corp and Targa Resources Partners both declined just over 20% in the month of January, continuing an 18 month slide with oil prices that has reduced shares prices by more than two thirds for both halves of this...
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
ISS, Glass Lewis and Egan-Jones Recommend Approval of Targa Resources Corp.'s Acquisition of Targa Resources Partners LP
GlobeNewswire - Mon Feb 01, 5:15PM CST
Targa Resources Corp. (NYSE:TRGP) ("TRC" or the "Company" is pleased to announce that three leading proxy voting advisory firms, Institutional Shareholder Services, Inc. ("ISS" , Glass, Lewis & Co. ("Glass Lewis" and Egan-Jones Proxy Services ("Egan-Jones" , have recommended that their clients vote in favor of the proposals related to TRC acquiring all of the outstanding common units of Targa Resources Partners LP (NYSE:NGLS) ("TRP" or the "Partnership" that it does not already own.
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Upgrade Alert for Targa Resources Partners (NGLS)
Comtex SmarTrend(R) - Tue Jan 26, 7:59AM CST
Targa Resources Partners (NASDAQ:NGLS) was upgraded from Accumulate to Buy at Tudor Pickering today. The stock closed yesterday at $13.16 on volume of 3.2 million shares, above average daily volume of 2.2 million. Targa Resources Partners LP acquires, owns, develops, and operates a diversified portfolio of complementary midstream energy assets. The Company is involved in the gathering, compressing, treating, processing and selling natural gas and fractionating and selling natural gas liquids, or NGLs, and NGL products.
NGLS: 10.65 (+0.63)
SmarTrend Watching for Potential Pullback in Shares of Targa Resources Partners After 4.53% Gain
Comtex SmarTrend(R) - Mon Jan 25, 5:17PM CST
Targa Resources Partners (NASDAQ:NGLS) traded in a range yesterday that spanned from a low of $12.04 to a high of $13.66. Yesterday, the shares gained 4.5%, which took the trading range above the 3-day high of $13.00 on volume of 3.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NGLS: 10.65 (+0.63)
Targa Resources Partners Shares Down 62.8% Since SmarTrend's Sell Call (NGLS)
Comtex SmarTrend(R) - Thu Jan 21, 1:26PM CST
SmarTrend identified a Downtrend for Targa Resources Partners (NASDAQ:NGLS) on November 9th, 2015 at $28.76. In approximately 2 months, Targa Resources Partners has returned 62.75% as of today's recent price of $10.71.
NGLS: 10.65 (+0.63)
Targa Resources Announces Quarterly Dividend and Distribution and Monthly Distribution on Preferred Units
GlobeNewswire - Tue Jan 19, 6:00PM CST
Targa Resources Corp. ("TRC" or the "Company" (NYSE:TRGP) and Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership" (NYSE:NGLS) and (NYSE:NGLS PRA) announced their respective quarterly dividend and distribution for the fourth quarter of 2015, and the monthly distribution on the Partnership's 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Series A Preferred Units" .
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Sanchez Energy Announces Fourth Quarter of 2015 Operating Results and Updated 2016 Capital Budget
Marketwired - Tue Jan 19, 5:30AM CST
Sanchez Energy Corporation (NYSE: SN) ("Sanchez Energy" or the "Company" , today announced operating results for the fourth quarter of 2015 and updates to the 2016 capital budget. Highlights from operations include:
NGLS: 10.65 (+0.63), SN: 7.44 (-0.58)
Targa Resources Partners Down 62.5% Since SmarTrend Downtrend Call (NGLS)
Comtex SmarTrend(R) - Thu Jan 14, 10:05AM CST
SmarTrend identified a Downtrend for Targa Resources Partners (NASDAQ:NGLS) on November 9th, 2015 at $28.76. In approximately 2 months, Targa Resources Partners has returned 62.54% as of today's recent price of $10.77.
NGLS: 10.65 (+0.63)
Shares of NGLS Down 62.5% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Thu Jan 14, 9:57AM CST
SmarTrend identified a Downtrend for Targa Resources Partners (NASDAQ:NGLS) on November 9th, 2015 at $28.76. In approximately 2 months, Targa Resources Partners has returned 62.54% as of today's recent price of $10.77.
NGLS: 10.65 (+0.63)
Targa Resources Partners LP Announces Monthly Distribution on Preferred Units
GlobeNewswire - Wed May 18, 3:31PM CDT
Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership"
(NYSE:NGLS PRA) announced its monthly distribution on the Partnership's 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Series A Preferred Units" for May 2016. NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Targa Resources Corp. Announces Upsize of 9.5% Series A Preferred Stock Private Placement to Approximately $1.0 Billion
GlobeNewswire - Wed Mar 16, 7:00AM CDT
Targa Resources Corp. ("Targa" or the "Company"
(NYSE:TRGP) announced today that it has received definitive agreements for the purchase of approximately $1.0 billion of 9.5% Series A Preferred Stock (the "Preferred Stock" , which includes the Preferred Stock from Stonepeak Infrastructure Partners ("Stonepeak" that was previously announced by the Company on February 18, 2016, and additional Preferred Stock as a result of investor interest after the initial announcement from funds managed by Blackstone Tactical Opportunities, Energy Capital Partners Mezzanine Opportunities Fund, investment companies affiliated with Tortoise Capital Advisors, L.L.C. and other institutional investors (collectively with Stonepeak, the "Preferred Investors" . The private placement of the Preferred Stock is expected to close on or about Wednesday, March 16, 2016. NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Targa Resources Partners LP Announces 2015 Schedules K-1 Available
GlobeNewswire - Mon Mar 14, 6:18PM CDT
Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership"
today announced that it has completed the 2015 tax packages for the following groups of unitholders, including Schedules K-1: NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Oil & Gas Pipelines Equities Technical Review -- MPLX LP, Targa Resources Partners, Enbridge, and Sunoco Logistics Partners
ACCESSWIRE - Wed Feb 10, 7:02AM CST
NEW YORK, NY / ACCESSWIRE / February 10, 2016 / Park Lane Advisor has initiated coverage on the following equities: MPLX L.P. (NYSE: MPLX), Targa Resources Partners L.P. (NYSE: NGLS), Enbridge Inc. (NYSE: ENB), and Sunoco Logistics Partners L.P. (NYSE: SXL). Free note on MPLX LP can be accessed at http://www.parklaneadvisor.com/ On Tuesday, February 09, 2016, the NASDAQ Composite ended at 4,268.76, down 0.35%, the Dow Jones Industrial Average edged 0.08% lower, to finish the day at 16,014.38, and the S&P 500 closed at 1,852.21, down 0.07%. Register for your complimentary reports at the links given below.
MPLX: 32.48 (-0.97), NGLS: 10.65 (+0.63), ENB: 41.54 (-1.50), SXL: 27.49 (-1.14)
Oil Rolls Over and Takes Oil Stocks Down With it
Matthew DiLallo, The Motley Fool - Motley Fool - Tue Feb 09, 8:41PM CST
What: Despite a very bearish oil market report that was released earlier today by the International Energy Agency, oil remained pretty calm for most of the day, trading at right around $30 a barrel. That calm didn't last, with oil slumping in...
WLL: 9.65 (-1.67), NBR: 10.06 (-0.73), NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85), SWN: 12.62 (-0.95)
Targa Resources Announces Timing of Fourth Quarter and Full Year 2015 Earnings Releases and Conference Call and Provides Some Preliminary Fourth Quarter Results
GlobeNewswire - Tue Feb 09, 4:21PM CST
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 fourth quarter and full year 2015 financial results before the NYSE opens for trading on Thursday, February 25, 2016. 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 fourth quarter and full year results. NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Swank Capital and Cushing® Asset Management Announce Constituent Changes to the Cushing® MLP High Income Index
PR Newswire - Fri Feb 05, 8:02AM CST
Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to the constituents of The Cushing® MLP High Income Index (the "Index"
. Index constituents Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS) previously entered into an Agreement and Plan of Merger wherein NGLS would be acquired by TRGP, subject to the approval of both TRGP shareholders and NGLS unitholders. Under the terms of the proposed acquisition, TRGP would terminate the master limited partnership ("MLP" structure of NGLS and absorb it as a wholly-owned subsidiary within a C-corporation structure; consequently, TRGP would cease to have an interest as a holder of general partner or limited partner units in an MLP and, per the Methodology Guide for the Index, would no longer be eligible for inclusion in the Index. NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Swank Capital and Cushing® Asset Management Announce a Potential Constituent Change to The Cushing® 30 MLP Index
PR Newswire - Fri Feb 05, 8:02AM CST
Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to the constituents of The Cushing® 30 MLP Index (the "Index"
. Index constituents Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS) previously entered into an Agreement and Plan of Merger wherein NGLS would be acquired by TRGP, subject to the approval of both TRGP shareholders and NGLS unitholders. Under the terms of the proposed acquisition, TRGP would terminate the master limited partnership ("MLP" structure of NGLS and absorb it as a wholly-owned subsidiary within a C-corporation structure; consequently, TRGP would cease to have an interest as a holder of general partner or limited partner units in an MLP and would, per the Methodology Guide for the Index, no longer be eligible for inclusion in the Index. NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Swank Capital and Cushing® Asset Management Announce a Potential Constituent Change to The Cushing® MLP Market Cap Index
PR Newswire - Fri Feb 05, 8:02AM CST
Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to the constituents of The Cushing® MLP Market Cap Index (the "Index"
. Index constituents Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS) previously entered into an Agreement and Plan of Merger wherein NGLS would be acquired by TRGP, subject to the approval of both TRGP shareholders and NGLS unitholders. Under the terms of the proposed acquisition, TRGP would terminate the master limited partnership ("MLP" structure of NGLS and absorb it as a wholly-owned subsidiary within a C-corporation structure; consequently, TRGP would cease to have an interest as a holder of general partner or limited partner units in an MLP and, per the Methodology Guide for the Index, would no longer be eligible for inclusion in the Index. NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Shares of Targa Resources Continued Their Long Slide in January with a 20% Dip
Tyler Crowe, The Motley Fool - Motley Fool - Wed Feb 03, 8:25AM CST
What: Shares of Targa Resouces Corp and Targa Resources Partners both declined just over 20% in the month of January, continuing an 18 month slide with oil prices that has reduced shares prices by more than two thirds for both halves of this...
NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
ISS, Glass Lewis and Egan-Jones Recommend Approval of Targa Resources Corp.'s Acquisition of Targa Resources Partners LP
GlobeNewswire - Mon Feb 01, 5:15PM CST
Targa Resources Corp. (NYSE:TRGP) ("TRC" or the "Company"
is pleased to announce that three leading proxy voting advisory firms, Institutional Shareholder Services, Inc. ("ISS" , Glass, Lewis & Co. ("Glass Lewis" and Egan-Jones Proxy Services ("Egan-Jones" , have recommended that their clients vote in favor of the proposals related to TRC acquiring all of the outstanding common units of Targa Resources Partners LP (NYSE:NGLS) ("TRP" or the "Partnership" that it does not already own. NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Upgrade Alert for Targa Resources Partners (NGLS)
Comtex SmarTrend(R) - Tue Jan 26, 7:59AM CST
Targa Resources Partners (NASDAQ:NGLS) was upgraded from Accumulate to Buy at Tudor Pickering today. The stock closed yesterday at $13.16 on volume of 3.2 million shares, above average daily volume of 2.2 million. Targa Resources Partners LP acquires, owns, develops, and operates a diversified portfolio of complementary midstream energy assets. The Company is involved in the gathering, compressing, treating, processing and selling natural gas and fractionating and selling natural gas liquids, or NGLs, and NGL products.
NGLS: 10.65 (+0.63)
SmarTrend Watching for Potential Pullback in Shares of Targa Resources Partners After 4.53% Gain
Comtex SmarTrend(R) - Mon Jan 25, 5:17PM CST
Targa Resources Partners (NASDAQ:NGLS) traded in a range yesterday that spanned from a low of $12.04 to a high of $13.66. Yesterday, the shares gained 4.5%, which took the trading range above the 3-day high of $13.00 on volume of 3.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NGLS: 10.65 (+0.63)
Targa Resources Partners Shares Down 62.8% Since SmarTrend's Sell Call (NGLS)
Comtex SmarTrend(R) - Thu Jan 21, 1:26PM CST
SmarTrend identified a Downtrend for Targa Resources Partners (NASDAQ:NGLS) on November 9th, 2015 at $28.76. In approximately 2 months, Targa Resources Partners has returned 62.75% as of today's recent price of $10.71.
NGLS: 10.65 (+0.63)
Targa Resources Announces Quarterly Dividend and Distribution and Monthly Distribution on Preferred Units
GlobeNewswire - Tue Jan 19, 6:00PM CST
Targa Resources Corp. ("TRC" or the "Company"
(NYSE:TRGP) and Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership" (NYSE:NGLS) and (NYSE:NGLS PRA) announced their respective quarterly dividend and distribution for the fourth quarter of 2015, and the monthly distribution on the Partnership's 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Series A Preferred Units" . NGLS: 10.65 (+0.63), TRGP: 41.09 (-1.85)
Sanchez Energy Announces Fourth Quarter of 2015 Operating Results and Updated 2016 Capital Budget
Marketwired - Tue Jan 19, 5:30AM CST
Sanchez Energy Corporation (NYSE: SN) ("Sanchez Energy" or the "Company"
, today announced operating results for the fourth quarter of 2015 and updates to the 2016 capital budget. Highlights from operations include: NGLS: 10.65 (+0.63), SN: 7.44 (-0.58)
Targa Resources Partners Down 62.5% Since SmarTrend Downtrend Call (NGLS)
Comtex SmarTrend(R) - Thu Jan 14, 10:05AM CST
SmarTrend identified a Downtrend for Targa Resources Partners (NASDAQ:NGLS) on November 9th, 2015 at $28.76. In approximately 2 months, Targa Resources Partners has returned 62.54% as of today's recent price of $10.77.
NGLS: 10.65 (+0.63)
Shares of NGLS Down 62.5% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Thu Jan 14, 9:57AM CST
SmarTrend identified a Downtrend for Targa Resources Partners (NASDAQ:NGLS) on November 9th, 2015 at $28.76. In approximately 2 months, Targa Resources Partners has returned 62.54% as of today's recent price of $10.77.
NGLS: 10.65 (+0.63)
