Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2024 Earnings Webcast
October 10 2024 - 5:00PM
Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company")
announced its quarterly dividend on common shares with respect to
the third 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 third quarter of 2024. This cash dividend will be paid November
15, 2024 on all outstanding common shares to holders of record as
of the close of business on October 31, 2024.
The Company will report its third quarter 2024
financial results before the market opens for trading on Tuesday,
November 5, 2024 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
2024 third quarter financial results.
Event InformationEvent: Targa Resources Corp.
Third Quarter 2024 Earnings Webcast and
PresentationDate: Tuesday, November 5, 2024Time: 11:00
a.m. Eastern TimeWebcast: www.targaresources.com under
"Events and Presentations" or directly at
https://edge.media-server.com/mmc/p/yf8cw4hf
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 500.
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, including statements regarding our
projected financial performance and capital spending. 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 or any other public health crises,
commodity price volatility due to ongoing or new global conflicts,
actions by the Organization of the Petroleum Exporting Countries
(“OPEC”) and non-OPEC oil producing countries, the impact of
disruptions in the bank and capital markets, including those
resulting from lack of access to liquidity for banking and
financial services firms, 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 atInvestorRelations@targaresources.com or by
phone at (713) 584-1133.
Sanjay LadVice President, Finance & Investor Relations
William ByersChief Financial Officer
Jennifer KnealePresident – Finance and Administration
Targa Resources (NYSE:TRGP)
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