0LD9.L - Targa Resources Corp.

LSE - LSE Delayed price. Currency in USD
38.13
-10.60 (-21.75%)
As of 5:27PM GMT. Market open.
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Previous close48.73
Open38.13
Bid0.00 x 0
Ask0.00 x 0
Day's range38.13 - 38.13
52-week range38.13 - 38.13
Volume43,798
Avg. volumeN/A
Market capN/A
Beta (5Y monthly)1.66
PE ratio (TTM)N/A
EPS (TTM)-1.41
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Energy Capital Pauses Pipeline Deals on Widening Shale Despair
    Bloomberg

    Energy Capital Pauses Pipeline Deals on Widening Shale Despair

    (Bloomberg) -- Energy Capital Partners LLC is pausing new pipeline deals, according to people familiar with the matter, as the accelerating downturn in shale prompts investors to seek returns elsewhere.The private-equity powerhouse’s head of midstream investments, Scott Rogan, is departing, said the people, who asked not to be named because the information is not public. Energy Capital’s current midstream investments will be managed by other teams within the company, they said, and the firm will keep its Houston office.Investors have been fleeing the U.S. oil and natural gas sector as supply gluts swelled and once-vaunted shale investments failed to deliver returns. The contagion is also infecting the midstream industry that for a time had been largely immune from the shakeout. Private equity firms have struggled to attract buyers for their investments as public-equity markets effectively shut to larger, traditional pipeline companies.An Energy Capital spokeswoman declined to comment. Rogan couldn’t be reached for comment.Backing PipelinesEnergy Capital recently reached the close of its flagship fund, raising $3.3 billion and bringing total commitments across all funds to more than $20 billion.While midstream deals are unlikely in the short- to medium-term, Energy Capital has been active in power and renewables. The firm in July bought storage developer Convergent Energy and Power Inc. The deal came roughly two years after it led a consortium that took independent power producer Calpine Corp. private for $17.1 billion in equity and debt.Rather than invest in oil explorers, Energy Capital had focused on backing pipeline operators, with almost $3 billion invested in the midstream space, according to its website. That included two publicly traded operators: Targa Resources Corp. and Summit Midstream Partners LP.Energy Capital said on its website that the strategy allowed the firm to “not compete with the customers we seek to build a contractual relationship with.”To contact the reporters on this story: Rachel Adams-Heard in Houston at radamsheard@bloomberg.net;Kiel Porter in Chicago at kporter17@bloomberg.netTo contact the editors responsible for this story: Simon Casey at scasey4@bloomberg.net, Joe Carroll, Reg GaleFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • When Will Targa Resources Corp. (NYSE:TRGP) Turn A Profit?
    Simply Wall St.

    When Will Targa Resources Corp. (NYSE:TRGP) Turn A Profit?

    Targa Resources Corp.'s (NYSE:TRGP): Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP...

  • Estimating The Intrinsic Value Of Targa Resources Corp. (NYSE:TRGP)
    Simply Wall St.

    Estimating The Intrinsic Value Of Targa Resources Corp. (NYSE:TRGP)

    How far off is Targa Resources Corp. (NYSE:TRGP) from its intrinsic value? Using the most recent financial data, we'll...

  • Is Targa Resources a Buy?
    Motley Fool

    Is Targa Resources a Buy?

    The high-yielding midstream company is about to stomp on the accelerator.

  • Targa Resources Corp (TRGP) Q2 2019 Earnings Call Transcript
    Motley Fool

    Targa Resources Corp (TRGP) Q2 2019 Earnings Call Transcript

    TRGP earnings call for the period ending June 30, 2019.

  • 3 Top Infrastructure Stocks to Watch This Month
    Motley Fool

    3 Top Infrastructure Stocks to Watch This Month

    Infrastructure companies can provide a great foundation for any portfolio.

  • Danger Lurks for These 2 High-Yield Dividend Stocks
    Motley Fool

    Danger Lurks for These 2 High-Yield Dividend Stocks

    Weaker financial profiles and greater exposure to commodity prices make these midstream companies riskier options.

  • Targa Resources Corp (TRGP) Q1 2019 Earnings Call Transcript
    Motley Fool

    Targa Resources Corp (TRGP) Q1 2019 Earnings Call Transcript

    TRGP earnings call for the period ending March 31, 2019.

  • Pioneer Natural Resources Delivers Another Permian Gusher in Q1
    Motley Fool

    Pioneer Natural Resources Delivers Another Permian Gusher in Q1

    The Permian Basin-focused driller's strategy is paying dividends.

  • Can Kinder Morgan Continue Succeeding Where Others Have Failed?
    Motley Fool

    Can Kinder Morgan Continue Succeeding Where Others Have Failed?

    The natural gas pipeline giant is working on a third gas pipeline out of the Permian Basin.

  • This High-Yield Dividend Stock Could Richly Reward Investors
    Motley Fool

    This High-Yield Dividend Stock Could Richly Reward Investors

    This midstream company’s 9.3% yield is only part of the equation.

  • At More Than 7%, These 2 High-Yield Stocks Should Catch Your Attention
    Motley Fool

    At More Than 7%, These 2 High-Yield Stocks Should Catch Your Attention

    These energy companies offer big yields and enticing growth prospects.

  • This High-Yield Pipeline Stock Makes Another Smart Move
    Motley Fool

    This High-Yield Pipeline Stock Makes Another Smart Move

    Williams Companies is partnering with a pension plan to strengthen its position.

  • Targa Resources (TRGP) Q4 2018 Earnings Conference Call Transcript
    Motley Fool

    Targa Resources (TRGP) Q4 2018 Earnings Conference Call Transcript

    TRGP earnings call for the period ending December 31, 2018.

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