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Targa Resources Corp. (0LD9.L)

LSE - LSE Delayed price. Currency in USD
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42.63+1.03 (+2.48%)
At close: 6:35PM BST
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  • A
    Anthony
    Announced another Permian plant to come on line in 22. That’s in addition to the Heim plant that comes on line later this year. The liquids will flow through Ruby and then into existing Targa frac capacity. Cha-Ching! This also improves the economics of the Stonepeak buyout, which were already stellar.
  • R
    R
    Targa has plowed hundreds of millions in capital improvements the past several years but has little to show for it income wise. Just lackluster earnings,and management is just trying to pay down debt and keep over paying poor performing management. Targa and management have little respect for shareholders.
  • a
    art
    any thoughts on when we might see dividend increases?
  • A
    Anthony
    Starting to see US oil and gas producers go back to their old ways. Like most addicts it’s just a matter of time until they go back to what they love best; drilling wells and overproducing. Once the analysts realize this the price targets of the likes of TRGP will steadily increase. I expect they will be talking about plants and expanding Ruby and frac capacity by this time next year.
  • H
    Howard
    This rally in TRGP is well deserved as they are in a sweet spot for future growth. Long awaited.
  • c
    concerned citizen
    This chart along with the other oil stocks are very bearish right now. More down days ahead.
  • B
    Bonzo
    We got a pop because:

    Thu, June 3, 2021, 2:53 PM
    NEW YORK, June 3, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 effective prior to the opening of trading on Wednesday, June 9:

    Targa Resources Corp. (NYSE:TRGP) will replace CoreLogic Inc. (NYSE:CLGX). Stone Point Capital and Insight Partners are acquiring CoreLogic in a deal expected to be completed soon pending final closing conditions.
  • G
    Gamer
    After the dividend is increased, we could return to $60.
  • H
    Howard
    Bought the first shares in 2014. Have invested all dividends and have added shares. Another 22 points and I’ll be whole. What a strange trip it’s been. Not my best investment I would say. But at least it’s recovering. If it had been in a taxable account I probably would have taken my loss years ago.
  • X
    Xain
    stock not move much today's, whole market not move much
  • A
    Anthony
    This is my good deed for the day. If oil settles in at $70 per, this is an $80 stock within 18 months. If your a short, close out your position and move on. If you don’t comply and get slaughtered, that’s on you.
  • X
    Xain
    see will stock go up again tomorrow or sell here's.? anybody now?
  • X
    Xain
    when is this stock going to make a move up. So tired of the stagnation. Do something or I will sell you!
  • A
    Anthony
    The IR presentations are a joke. A few questions for management: now that oil is pushing $70 per barrel and drilling activity is likely to increase how much spare capacity do you have? If you inlet volumes increased by 20 percent how much capital do you have to spend to process, transport, frac and then export? What would be the impact on annual EBITDA and what would be the multiple on that incremental capital? How would that impact the economics associated with the buyout of Stonepeak? It’s as though all this low cost growth upside is some secret Targa is hiding from potential investors.
  • X
    Xain
    this horrific stock is down in the premarket, when will we get a decent return on this , my least favorite stock
  • G
    Greg
    Morgan Stanley raised TRGP price target from $44to $52 today.
  • s
    seawolf
    Up 8% after hours, anybody know what's up ?
  • B
    Bonzo
    I don't expect a dividend increase until next year. Looks like they want to get their leverage ratio below 4%.
  • J
    Joseph
    Any predictions about the earnings call tomorrow?
  • X
    Xain
    this is good stock, it go up, why don't they all go up?