Targa Resources Corp. Announces Dividend and Earnings Call Details
Targa Resources Corp. Shares Dividend Announcement and Key Dates
In an official statement, Targa Resources Corp. (NYSE: TRGP) announced that its board of directors has declared a quarterly cash dividend of $1.00 per common share, amounting to an annualized value of $4.00 per share for the latest quarter. This dividen signifies the company’s commitment to returning value to its shareholders while maintaining a robust operational presence in the energy sector.
Dividend Payment Schedule
The cash dividend will be payable on November 17, following the cutoff date for shareholders of record on October 31. This structured approach to dividend distribution reflects Targa's dedication to shareholder returns and consistent financial management.
Upcoming Earnings Webcast Announcement
Targa Resources Corp. will report its financial results for the third quarter prior to market opening on November 5. Following the financial release, a live webcast is scheduled for 11:00 a.m. Eastern Time (10:00 a.m. Central Time) where company executives will discuss the quarter's performance and financial highlights with investors.
Details on the Webcast
Investors can access the earnings webcast through Targa's official website under the "Events and Presentations" section, or through direct access to a dedicated link announced by the company. This session provides a valuable opportunity for analysts and investors to gain insights on the company's financial standing, industry performance, and future outlook.
Replay Information and Resources
A recording of the webcast will be available about two hours after the event concludes. Additionally, Targa will provide a quarterly earnings supplement along with updated investor presentations, accessible via the company's investor relations page. These resources will offer more in-depth analysis and information for shareholders and interested parties.
Company Background Information
Targa Resources Corp. stands as a robust provider of midstream services and is recognized as one of the largest independent infrastructure firms in North America. The company manages a diversified portfolio that plays a crucial role in energy delivery across the United States and increasingly to global markets. Targa’s infrastructure supports the connection of natural gas and natural gas liquids (NGLs) to domestic and international markets, catering to the growing demand for cleaner energy sources.
Commitment to Current and Future Investors
As a FORTUNE 500 entity included in the S&P 500, Targa Resources Corp. exemplifies stability and growth potential in the midstream sector. Their extensive network not only contributes to energy supply stability but also plays a role in transforming energy accessibility in a climate-conscious marketplace.
Contact for Investor Relations
For further inquiries, Targa Resources' investor relations team is available through email at InvestorRelations@targaresources.com or via phone at (713) 584-1133. They are dedicated to providing timely and relevant information to investors and stakeholders.
Frequently Asked Questions
What is the amount of the declared dividend by Targa Resources Corp.?
The board of directors declared a quarterly cash dividend of $1.00 per common share, equating to an annualized value of $4.00 per share.
When will the dividend be paid to shareholders?
The cash dividend will be paid on November 17 to shareholders recorded by the close of business on October 31.
When is the earnings webcast scheduled?
The earnings webcast is set for November 5, starting at 11:00 a.m. Eastern Time.
Where can I find the replay of the earnings call?
A webcast replay will be accessible on Targa's website approximately two hours after the event concludes.
Who can I contact for investor-related questions?
Investors can reach out to Targa's investor relations team via phone at (713) 584-1133 or email at InvestorRelations@targaresources.com.
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