Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2024 Earnings Webcast

Core Viewpoint - Targa Resources Corp. has declared a quarterly cash dividend of $0.75 per common share for the fourth quarter of 2024, with plans to recommend an increase to$1.00 per share for the first quarter of 2025 [2][3]. Dividend Announcement - The quarterly cash dividend of $0.75 per common share translates to an annualized dividend of$3.00 per share, payable on February 14, 2025, to shareholders of record as of January 31, 2025 [2]. - The company intends to recommend an increase in the common dividend to $1.00 per share, or$4.00 annualized, effective for the first quarter of 2025, pending board approval [3]. Financial Reporting - Targa Resources Corp. will report its fourth quarter 2024 financial results before the market opens on February 20, 2025, and will host a live webcast at 11:00 a.m. Eastern Time to discuss these results [4][5]. Company Overview - Targa Resources Corp. is a leading provider of midstream services and one of the largest independent midstream infrastructure companies in North America, focusing on the efficient delivery of energy [6]. - The company operates a diversified portfolio of midstream infrastructure assets, connecting natural gas and NGLs to domestic and international markets [6]. - Targa's operations include gathering, compressing, treating, processing, transporting, and selling natural gas, as well as handling NGLs and crude oil [6].