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Targa(TRGP) - 2023 Q4 - Earnings Call Transcript
2024-02-15 20:54
So I will say, again, the expansion that we had in the fourth quarter that we're benefiting from today, the nighttime transits, both of those really are hand-in-hand expansion projects on their own without having to spend a lot of capital. So we'll continue to look for ways to debottleneck if possible to get incremental capacity as well. So I think we've got a lot of opportunity and some runway with the existing assets that we have. But we do have space available to expand at Galena Park. Neel Mitra Perfect ...
Targa Resources Corp. Reports Record Fourth Quarter and Full Year 2023 Financial Results and Provides Outlook for 2024 and Positioning in 2025
Newsfilter· 2024-02-15 11:00
HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("TRGP," the "Company" or "Targa") today reported fourth quarter and full year 2023 results. Fourth quarter 2023 net income attributable to Targa Resources Corp. was $299.6 million compared to $318.0 million for the fourth quarter of 2022. For full year 2023, net income attributable to Targa Resources Corp. was a record $1,345.9 million compared to $1,195.5 million for 2022. Highlights Record full year adjusted EBITDA(1) for 2023 o ...
Targa(TRGP) - 2023 Q4 - Annual Report
2024-02-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-34991 TARGA RESOURCES CORP. (Exact name of registrant as specified in its charter) Delaware 20-3701075 (State or other jurisdiction ...
Targa Resources Corp. to Participate in U.S. Capital Advisors Midstream Corporate Access Day
Newsfilter· 2024-01-22 22:17
HOUSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at the U.S. Capital Advisors Midstream Corporate Access Day in Houston, TX on Tuesday, January 23, 2024. A copy of the slides used for the conference meetings will be available in the Investors section of the Company's website at www.targaresources.com, or by going to https://www.targaresources.com/investors/events ...
Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2023 Earnings Webcast
Newsfilter· 2024-01-18 23:44
HOUSTON, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the fourth quarter of 2023. Targa announced today that its board of directors has declared a quarterly cash dividend of $0.50 per common share, or $2.00 per common share on an annualized basis, for the fourth quarter of 2023. This cash dividend will be paid February 15, 2024 on all outstanding common shares to holders of record as of the cl ...
Targa(TRGP) - 2023 Q3 - Earnings Call Presentation
2023-11-02 21:01
These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside the Company's control, which could cause results to differ materially from those expected by management of the Company. Such risks and uncertainties include, but are not limited to, weather, political, economic and market conditions, including a decline in the price and market demand for natural gas, natural gas liquids and crude ...
Targa(TRGP) - 2023 Q3 - Earnings Call Transcript
2023-11-02 20:39
Company Participants Matt Meloy - Chief Executive Officer Pat McDonie - President-Gathering and Processing Bobby Muraro - Chief Commercial Officer Theresa Chen - Barclays Spiro Dounis - Citi Tristan Richardson - Scotiabank Jeremy Tonet - JPMorgan Securities LLC Jake Nivasch - Truist Securities Operator I would now like to hand the conference over to your first speaker today, Sanjay Lad, Vice President of Finance and Investor Relations. Please go ahead. Thanks, Whitney. Good morning and welcome to the Third ...
Targa(TRGP) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-34991 TARGA RESOURCES CORP. (Exact name of registrant as specified in its charter) Delaware 20-3701075 (State or other jur ...
Targa(TRGP) - 2023 Q2 - Earnings Call Transcript
2023-08-03 18:42
Thanks, Sanjay, and good morning. The second quarter results were consistent with our expectations as the strength of our business drove record volumes for the quarter, which really set us up well for a strong year. Adjusted EBITDA was lower sequentially given our significant marketing gains in the first quarter but consistent with previous disclosures, we expect EBITDA to ramp over the balance of the year and we remain confident in our full year 2023 adjusted EBITDA estimate of $3.5 billion to $3.7 billion ...
Targa(TRGP) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-34991 TARGA RESOURCES CORP. (Exact name of registrant as specified in its charter) Delaware 20-3701075 (State or other jurisdic ...