Targa Resources logo

TRGP - Targa Resources News Story

$45.03 0.9  2.1%

Last Trade - 8:45pm

Large Cap
Market Cap £7.39bn
Enterprise Value £14.57bn
Revenue £8.59bn
Position in Universe 936th / 7157

Targa Resources Corp. Announces Quarterly Dividends and Timing of Second Quarter 2021 Earnings Webcast

Thu 15th July, 2021 10:48pm
For best results when printing this announcement, please click on link below:

HOUSTON, July 15, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP)
("Targa" or the "Company") announced its quarterly dividend on common shares
and its quarterly dividend on Series A preferred shares with respect to the
second quarter of 2021.

Targa announced today that its board of directors has declared a quarterly
cash dividend of $0.10 per common share, or $0.40 per common share on an
annualized basis, for the second quarter of 2021. This cash dividend will be
paid August 16, 2021 on all outstanding common shares to holders of record as
of the close of business on July 30, 2021.

Targa also announced today that its board of directors has declared a
quarterly cash dividend of $23.75 per Series A preferred share for the second
quarter of 2021. This cash dividend will be paid August 13, 2021 on all
outstanding Series A preferred shares to holders of record as of the close of
business on July 30, 2021.

Additionally, the Company will report its second quarter 2021 financial
results before the market opens for trading on Thursday, August 5, 2021 and
will host a live webcast over the internet at 11:00 a.m. Eastern Time (10:00
a.m. Central Time) to discuss its second quarter 2021 financial results.

Event Information
Event: Targa Resources Corp. Second Quarter 2021 Earnings Webcast and
Date: Thursday, August 5, 2021
Time: 11:00 a.m. Eastern Time
Webcast: www.targaresources.com under "Events and Presentations" or directly
at https://edge.media-server.com/mmc/p/5o5x6xwo

Replay Information 
A webcast replay will be available at the link above approximately two hours
after the conclusion of the event. A quarterly earnings supplement
presentation and updated investor presentation will also be available under
Events and Presentations in the Investors section of the Company’s website
prior to the start of the conference call, or directly at

About Targa Resources Corp.

Targa Resources Corp. is a leading provider of midstream services and is one
of the largest independent midstream infrastructure companies in North
America. The Company owns, operates, acquires and develops a diversified
portfolio of complementary midstream infrastructure assets. The Company is
primarily engaged in the business of: gathering, compressing, treating,
processing, transporting and purchasing and selling natural gas; transporting,
storing, fractionating, treating and purchasing and selling NGLs and NGL
products, including services to LPG exporters; and gathering, storing,
terminaling and purchasing and selling crude oil.

Targa is a FORTUNE 500 company and is included in the S&P 400.

For more information, please visit the Company’s website at

Forward-Looking Statements

Certain statements in this release are “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical facts, included in this
release that address activities, events or developments that the Company
expects, believes or anticipates will or may occur in the future, are
forward-looking statements. 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 oil, the impact of pandemics such as COVID-19, actions by the
Organization of the Petroleum Exporting Countries (“OPEC”) and non-OPEC
oil producing countries, the timing and success of business development
efforts, and other uncertainties. These and other applicable uncertainties,
factors and risks are described more fully in the Company’s filings with the
Securities and Exchange Commission, including its most recent Annual Report on
Form 10-K, and any subsequently filed Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K. The Company does not undertake an obligation to
update or revise any forward-looking statement, whether as a result of new
information, future events or otherwise.

Contact the Company's investor relations department by email at
InvestorRelations@targaresources.com or by phone at (713) 584-1133.

Sanjay Lad
Vice President, Finance & Investor Relations

Jennifer Kneale
Chief Financial Officer


GlobeNewswire, Inc. 2021
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.