Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividen ...

HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the second quarter of 2024. Targa announced today that its board of directors has declared a quarterly cash dividend of $0.75 per common share, or $3.00 per common share on an annualized basis, for the second quarter of 2024. This cash dividend will be paid August 15, 2024 on all outstanding common shares to holders of record as of the clos ...

HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the second quarter of 2024. Targa announced today that its board of directors has declared a quarterly cash dividend of $0.75 per common share, or $3.00 per common share on an annualized basis, for the second quarter of 2024. This cash dividend will be paid August 15, 2024 on all outstanding common shares to holders of record as of the clo ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that ...

HOUSTON, June 14, 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 J.P. Morgan Energy, Power and Renewables Conference in New York City on Tuesday, June 18, 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. ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a ...

HOUSTON, May 20, 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 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, FL on Wednesday, May 22, 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/e ...

HOUSTON, May 20, 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 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, FL on Wednesday, May 22, 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/ ...

Targa Resources Corp. (TRGP) reported first-quarter 2024 earnings of $1.22 per share, which missed the Zacks Consensus Estimate of $1.35. The underperformance could be attributed to lower commodity sales and increased operating expenses. However, the bottom line improved from the year-ago quarter’s level of 3 cents. Revenues totaled $4.6 billion, up 0.9 % year over year, due to strong volumes across its systems. The top line also beat the Zacks Consensus Estimate of $4.3 billion. The company’s adjusted EBIT ...

财务数据和关键指标变化 - 公司第一季度创纪录的调整后EBITDA为9.66亿美元,较上一季度增长1% [27] - 公司第一季度Permian天然气进气量平均创纪录的54亿立方英尺/天,较上一季度增长2% [27] - 公司第一季度NGL管道运输量平均为71.8万桶/天 [27] - 公司第一季度分馏量平均为79.7万桶/天,受到蒙特贝维尤复杂的计划检修影响 [27] - 公司第一季度LPG出口装载量创纪录为每月13.3百万桶,并从营销业务中获得优化机会 [27] 各条业务线数据和关键指标变化 - Permian Midland地区建设继续进行,新的Greenwood II加工厂预计将于今年第四季度投产,并将高度利用 [16] - Permian Delaware地区活动和产量也保持强劲,Roadrunner II加工厂预计将于6月投产,也将高度利用 [19] - 公司正在启动新的蒙特贝维尤Train 9分馏设施,并预计将高度利用 [22] - 公司正在重启其湾区分馏合资企业,预计其部分产能也将高度利用 [22] 各个市场数据和关键指标变化 - 第二季度瓦哈天然气价格平均约为负1.30美元,由于管道停工维护和操作问题导致佩米安盆地进一步紧缩 [20] - 公司LPG出口业务在第一季度装载量创纪录,达到每月13.3百万桶,受益于良好的市场条件和休斯敦船道允许大型船舶夜间航行 [24] 公司战略和发展方向及行业竞争 - 公司宣布启动两个重大增长资本项目:佩米安Midland新加工厂Pembrook II和蒙特贝维尤新分馏设施Train 11,以满足客户的基础设施需求 [12][23] - 公司还宣布在加利纳帕克设施进行一个小型资本项目,将在2025年下半年将LPG出口能力增加约65万桶/月 [13] - 公司有望凭借其佩米安供给聚集优势和一体化NGL系统,继续产生高回报的有机增长机会,并能够继续向股东返还更多资本 [15] 管理层对经营环境和未来前景的评论 - 公司预计2024年全年调整后EBITDA将在37亿至39亿美元之间,反映了其G&P业务中费用和费用底线的重要性,支持了在较低商品价格环境下的持续投资 [14] - 公司预计2025年资本支出约为14亿美元,将产生大量自由现金流 [32] - 公司计划未来将40%-50%的调整后经营现金流返还给股东,这是考虑Targa资本回报的有用框架 [34] 问答环节重要的提问和回答 问题1 **Michael Blum 提问** 询问公司LPG出口业务的情况,包括巴拿马运河问题和全球航运波动对美国货物的影响 [43] **Scott Pryor 回答** 公司LPG出口业务在第四季度和第一季度表现强劲,受益于航运状况改善和休斯敦船道允许夜间大型船舶航行。公司预计未来出口需求将保持良好 [44][45][46][47][48][49] 问题2 **Theresa Chen 提问** 询问公司上游业务的增长节奏,考虑到瓦哈天然气进入问题 [52] **Matt Meloy 和 Pat McDonie 回答** 公司预计Midland和Delaware地区产量将持续增长,除非出现管道停运等问题。公司已做好基础设施准备,有信心应对持续增长 [53][54][55] 问题3 **Jeremy Tonet 提问** 询问公司是否有信心实现年度指引范围,以及可能的上下行风险因素 [66] **Jen Kneale 回答** 公司第一季度表现出色,为全年奠定了良好基础。公司将密切关注未来几个月的运营情况,但总体保持乐观 [67][68]