Targa Resources Corp. Announces Quarterly Dividend and Timing of Second Quarter 2022 Earnings Webcast
July 14 2022 - 5:20PM
Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company")
announced its quarterly dividend on common shares with respect to
the second quarter of 2022.
Targa announced today that its board of
directors has declared a quarterly cash dividend of $0.35 per
common share, or $1.40 per common share on an annualized basis, for
the second quarter of 2022. This cash dividend will be paid August
15, 2022 on all outstanding common shares to holders of record as
of the close of business on July 29, 2022.
The Company will report its second quarter 2022
financial results before the market opens for trading on Thursday,
August 4, 2022 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
2022 second quarter financial results.
Event InformationEvent: Targa Resources Corp.
Second Quarter 2022 Earnings Webcast and
PresentationDate: Thursday, August 4, 2022Time: 11:00
a.m. Eastern TimeWebcast: www.targaresources.com under
"Events and Presentations" or directly at
https://edge.media-server.com/mmc/p/f6xgoadz
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
https://www.targaresources.com/investors/events.
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 domestic midstream infrastructure assets and its
operations are critical to the efficient, safe and reliable
delivery of energy across the United States and increasingly to the
world. The Company’s assets connect natural gas and NGLs to
domestic and international markets with growing demand for cleaner
fuels and feedstocks. 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 www.targaresources.com.
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,
commodity price volatility due to ongoing conflict in Ukraine,
actions by the Organization of the Petroleum Exporting Countries
(“OPEC”) and non-OPEC oil producing countries, the timing and
success of business development efforts, expected benefits relating
to the acquisition of Lucid and their impact on the Company’s
results of operations, 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 LadVice President, Finance & Investor
Relations
Jennifer KnealeChief Financial Officer
Targa Resources (NYSE:TRGP)
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