Targa Resources Corp. (TRGP) has been a significant player in the recent bidirectional activity on the market, with several financial transactions underway. Notable events include the sale of 866 shares by SG Americas Securities LLC and an over $193k stock liquidation by a company director. However, amidst this, Targa boldly stepped into the Citi One-on-One Midstream and New Energy Infrastructure Conference and successfully priced a $1.0 billion offering of
Senior Notes. The company appears to be in the crosshairs of various investment firms, with both purchases and sales of shares occurring across the board. Intriguingly, a strong ROI of 30% has been reported, and Q2 2024 projections reveal a likelihood of earnings of $1.28 per share. The execution of a
$1 billion Senior Notes offering suggests a forward-thinking strategy, while Cetera Investment Advisers, among others, have taken the opportunity to boost their holdings in the enterprise. The company's resilience is reflected in the successful distribution of a lucrative
$0.75 dividend, bringing it into the spotlight as an attractive dividend stock, despite periodic insider sales.
Targa Resources Corp TRGP News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 11 Aug 2024 16:39:01 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor -3
