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NGLS [NYSE]
Targa Resources Partners LP
Basic Materials - Oil & Gas Pipelines - USA
Index- P/E34.77 EPS (ttm)0.66 Insider Own44.57% Shs Outstand74.43M Perf Week-2.26%
Market Cap1.71B Forward P/E15.00 EPS next Y1.53 Insider Trans0.05% Shs Float41.25M Perf Month-2.63%
Income31.36M PEG3.86 EPS next Q0.37 Inst Own24.13% Short Float0.99% Perf Quarter18.79%
Sales3.18B P/S0.54 EPS this Y126.07% Inst Trans18.24% Short Ratio1.05 Perf Half Y43.08%
Book/sh13.90 P/B1.65 EPS next Y56.12% ROA2.13% Target Price25.71 Perf Year166.86%
Cash/sh0.78 P/C29.57 EPS next 5Y9.00% ROE4.23% 52W Range6.27 - 24.77 Perf YTD-3.49%
Dividend2.07 P/FCF43.88 EPS past 5Y0.00% ROI2.45% 52W High-7.36% Beta-
Dividend %9.02% Quick Ratio1.18 Sales past 5Y- Gross Margin13.31% 52W Low265.83% ATR0.69
Employees950 Current Ratio1.32 Sales Q/Q-54.68% Oper. Margin3.91% RSI (14)50.03 Volatility3.82% 2.86%
OptionableYes Debt/Eq1.08 EPS Q/Q-27.75% Profit Margin1.21% Rel Volume1.02 Prev Close22.90
ShortableYes LT Debt/Eq1.08 EarningsMar 01 BMO Payout372.17% Avg Volume388.66K Price22.95
Recom1.70 SMA20-1.05% SMA501.22% SMA20032.94% Volume397,752 Change0.22%
30-Nov-09Initiated Stifel Nicolaus Hold
02-Feb-09Reiterated RBC Capital Mkts Outperform $25 → $21
21-Aug-08Upgrade Citigroup Hold → Buy $27
15-May-08Reiterated RBC Capital Mkts Outperform $35 → $36
13-May-08Reiterated UBS Buy $32 → $30
13-May-08Reiterated SMH Capital Buy $35 → $37
15-Apr-08Initiated SMH Capital Buy $35
05-Feb-08Initiated Lehman Brothers Overweight
12-Dec-07Initiated SMH Capital Buy $32
29-Oct-07Initiated RBC Capital Mkts Outperform $35
21-Sep-07Upgrade Wachovia Mkt Perform → Outperform
13-Jun-07Downgrade Wachovia Outperform → Mkt Perform
06-Jun-07Reiterated AG Edwards Buy $34 → $40
10-May-07Downgrade Citigroup Buy → Hold
21-Mar-07Initiated Wachovia Outperform
21-Mar-07Initiated UBS Neutral $27
21-Mar-07Initiated Goldman Sachs Buy $32.47
21-Mar-07Initiated AG Edwards Buy $29
01-Feb-10 02:36PM  4-Star Stocks on the Upswing at Motley Fool
29-Jan-10 03:58PM  Corporate dividends, name changes, new listings AP
28-Jan-10 01:04PM  TARGA RESOURCES PARTNERS LP Financials EDGAR Online Financials
26-Jan-10 04:01PM  Targa Resources Partners LP Announces Timing of Year-End 2009 Earnings Release and Conference Call and Posts Updated Investor Presentation to Web GlobeNewswire
22-Jan-10 04:00PM  Targa Resources Partners LP Announces Fourth Quarter 2009 Distribution GlobeNewswire
15-Jan-10 10:03PM  [$$] Citadel Loses Another Officer at The Wall Street Journal Online
05:13PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement EDGAR Online
13-Jan-10 07:42PM  [$$] Russell Gains as Skechers Kicks Up 8.9% at The Wall Street Journal Online
03:57PM  Targa prices share offer at $23.14 apiece AP
09:20AM  InPlay: Targa Resources prices a 5.5 mln share common unit offering at $23.14/unit Briefing.com
09:19AM  Targa Resources Partners LP Announces Pricing of Common Units GlobeNewswire
12-Jan-10 07:56PM  [video] Google Threatens To Leave China at Forbes.com
07:18PM  Targa Resources offering common units AP
04:04PM  Targa Resources Partners LP Announces Public Offering of Common Units GlobeNewswire
08-Jan-10 10:42AM  Investors Concerned That MLPs May Be Taxed: Energy Analyst Sees No Tax Concern In the Immediate Future Wall Street Transcript
05-Jan-10 02:45PM  2 Stocks Hitting High Notes at Motley Fool
24-Dec-09 06:09AM  OKS Signs Pact with Targa Partners Zacks.com
06:02AM  OKS Signs Pact with Targa Partners Zacks.com
22-Dec-09 04:05PM  Targa Resources Partners LP Announces Expansion of NGL Fractionation Capacity of Cedar Bayou Fractionators, L.P. and 2010 Capex Guidance GlobeNewswire
04:05PM  ONEOK Partners Signs NGL Fractionation Capacity Letter of Intent With Targa Resources Partners PR Newswire
16-Dec-09 11:47AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or EDGAR Online
09:14AM  Sell Chesapeake!: Against the Grain TheStreet.com TV
15-Dec-09 01:05PM  [video] Sell Chesapeake!: Against the Grain at TheStreet.com
09:03AM  Exxon-XTO Deal Fuels Buyers TheStreet.com TV
14-Dec-09 07:00PM  Targa Resources Partners LP Announces Plans to List on the New York Stock Exchange GlobeNewswire
10:41AM  [video] Exxon-XTO Deal Fuels Buyers at TheStreet.com
10:41AM  [video] Gas Deal Fuels Buyers at TheStreet.com
11-Dec-09 02:44PM  3 Stocks Hitting High Notes at Motley Fool
10:16AM  El Paso Pipeline Partners Among The Top Picks By Oppenheimer Director Of Energy Analysis Wall Street Transcript
09:24AM  MLP EV/EBITDA Ratios Still At A Discount To Historical Levels: Oppenheimer Research Expert Sees Value In Industry For Investors Wall Street Transcript
08:42AM  Understanding High-Yield MLPs And How to Choose the Best Ones for 2010 Indie Research
10-Dec-09 02:13PM  FERC Investigation Into Gas Pipeline Rates Should Not Overtly Affect The Gas Industry, According to Energy Expert Wall Street Transcript
08-Dec-09 02:59PM  40% Midstream, 60% Propane Makes This MLP Top Pick From Former Lehman Research Expert Wall Street Transcript
06:02AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online
07-Dec-09 04:37PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Change in Directors or Principal Officers EDGAR Online
02:13PM  Significant Inventory Of Drilled Wells Can Be Tapped If Natural Gas Demand Increases According To Leading Equity Research Firm Wall Street Transcript
01-Dec-09 06:03AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online
30-Nov-09 10:00PM  Targa Resources Partners LP to Present at Upcoming Conferences GlobeNewswire
08:08AM  Coverage initiated on Targa Resources by Stifel Nicolaus Briefing.com
16-Nov-09 07:00PM  Targa Resources Partners LP to Present at the RBC Capital Markets MLP Conference in Dallas, TX GlobeNewswire
09-Nov-09 04:34PM  TARGA RESOURCES PARTNERS LP Files SEC form 10-Q, Quarterly Report EDGAR Online
06-Nov-09 06:57AM  Targa Resources Partners LP Q3 2009 Earnings Call Transcript at Seeking Alpha
05-Nov-09 09:29AM  New Star Analyst Rankings for Targa Resources Partners LP StarMine
04-Nov-09 08:15AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a EDGAR Online
08:00AM  Targa Resources Partners LP Reports Third Quarter 2009 Financial Results GlobeNewswire
07:07AM  Q3 2009 TARGA RESOURCES PARTNERS LP Earnings Release - Before Market Open CCBN
19-Oct-09 06:30PM  Targa Resources Partners LP Announces Third Quarter 2009 Distribution and Timing of Third Quarter 2009 Earnings Release and Conference Call GlobeNewswire
24-Sep-09 04:34PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition EDGAR Online
04:20PM  Targa Resources Partners LP Completes Acquisition of Assets From Targa Resources, Inc. GlobeNewswire
10-Sep-09 06:03AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online +5.12%
09-Sep-09 07:15PM  Targa Resources Partners LP to Present At the NAPTP 2009 MLP Investor Conference GlobeNewswire
02-Sep-09 02:38PM  5-Star Stocks on the Upswing at Motley Fool
21-Aug-09 04:29PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online
11-Aug-09 05:24PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement EDGAR Online
07-Aug-09 07:36PM  Lightning Round: Halliburton, People's United and More at CNBC
09:20AM  Sequenom, Targa Resources Partners and Canadian Solar lead small-cap volume in pre-market SmallCapInvestor.com
09:17AM  Targa Resources Partners LP Announces Pricing of Common Units GlobeNewswire
06-Aug-09 04:28PM  Targa Resources Partners LP Announces Public Offering of Common Units GlobeNewswire -7.08%
07:07AM  Q2 2009 TARGA RESOURCES PARTNERS LP Earnings Release - Before Market Open CCBN
06:27AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a EDGAR Online
06:18AM  TARGA RESOURCES PARTNERS LP Files SEC form 10-Q, Quarterly Report EDGAR Online
06:00AM  Targa Resources Partners LP Reports Second Quarter 2009 Financial Results GlobeNewswire
04-Aug-09 06:01AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement EDGAR Online
30-Jul-09 02:39PM  5-Star Stocks on the Upswing at Motley Fool
29-Jul-09 06:01AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement EDGAR Online
12:18AM  Deals of the day -- mergers and acquisitions at Reuters
28-Jul-09 05:45PM  UPDATE - Targa MLP buys parent's NGL business for $530 mln at Reuters
09:11AM  Targa Partners to buy NGL business for $530M AP
08:00AM  Targa Resources Partners LP Agrees to Acquire Downstream Business From Targa Resources, Inc. and Announces Conference Call for Investors and Analysts GlobeNewswire
20-Jul-09 06:00PM  Targa Resources Partners LP Announces Second Quarter 2009 Distribution and Timing of Second Quarter 2009 Earnings Release and Conference Call GlobeNewswire
15-Jul-09 10:14PM  Lightning Round OT: Aeropostale, Linn Energy and More at CNBC
14-Jul-09 08:37AM  Ratings Changes: Disney, W.P. Carey at TheStreet.com
06-Jul-09 05:08PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Fina EDGAR Online
10:25AM  Rocket Stock or Dud? at Motley Fool
30-Jun-09 06:25PM  Targa Resources Partners LP Prices $250 Million of Senior Notes GlobeNewswire
04:11PM  New Issue-Targa Resources Partners sells $250 mln notes at Reuters
09:22AM  Understanding High-Yield MLPs And How to Choose the Best Ones Indie Research
29-Jun-09 10:22AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Other Events EDGAR Online
09:47AM  Targa Resources announces $250 million offering AP
07:54AM  Targa Resources Partners LP Announces $250 Million Offering of Senior Notes GlobeNewswire
26-Jun-09 05:27PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Regulation FD Disclosure EDGAR Online
02-Jun-09 08:00AM  Targa Resources Partners LP Posts Updated Investor Presentation to Web and Confirms End to Subordination Period GlobeNewswire
06:03AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online
01-Jun-09 03:42PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online +5.34%
21-May-09 05:08PM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online
08-May-09 05:14PM  TARGA RESOURCES PARTNERS LP Files SEC form 10-Q, Quarterly Report EDGAR Online +5.71%
07-May-09 03:47PM  Targa Resources Partners Q1 2009 Earnings Call Transcript at Seeking Alpha
07:48AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Results of Operations and Financial Condition EDGAR Online
07:30AM  Targa Resources Partners LP Reports First Quarter 2009 Financial Results GlobeNewswire
07:07AM  Q1 2009 TARGA RESOURCES PARTNERS LP Earnings Release - Before Market Open CCBN
23-Apr-09 06:19PM  Targa Resources Partners LP Announces First Quarter 2009 Distribution and Timing of First Quarter 2009 Earnings Release and Conference Call GlobeNewswire
24-Mar-09 08:28AM  Targa Resources foresees '09 drilling slow down AP
07:00AM  Targa Resources, Inc. and Targa Resources Partners LP Post Updated Investor Presentation to Web GlobeNewswire
10-Mar-09 02:49PM  Targa Resources Partners LP Announces 2008 Schedule K-1's Available GlobeNewswire +8.86%
08:00AM  Targa Resources Partners LP Posts Updated Investor Presentation to Web GlobeNewswire
02-Mar-09 01:59PM  [$$] Natural Gas: Darkest Before the Dawn, Part 3 at RealMoney by TheStreet.com -8.00%
27-Feb-09 03:03PM  TARGA RESOURCES PARTNERS LP Files SEC form 10-K, Annual Report EDGAR Online -6.48%
25-Feb-09 07:10AM  TARGA RESOURCES PARTNERS LP Files SEC form 8-K, Results of Operations and Financial Condition EDGAR Online
07:07AM  Q4 2008 TARGA RESOURCES PARTNERS LP Earnings Release - Before Market Open CCBN
07:00AM  Targa Resources Partners LP Reports Fourth Quarter and Full Year 2008 Financial Results GlobeNewswire
Targa Resources Partners LP, together with its subsidiaries, engages in gathering, compressing, treating, processing, and selling natural gas. The company also engages in fractionating and selling natural gas liquids (NGLs) and NGL products. It operates in the Fort Worth Basin/Bend Arch in north Texas, the Permian Basin of west Texas, and in southwest Louisiana. The company's North Texas System includes a network of approximately 4,000 miles of pipelines that gather wellhead natural gas for the Chico and Shackelford natural gas processing facilities. Its San Angelo Operating Unit System covers approximately 4,000 square miles in west Texas, including approximately 1,350 miles of pipeline in the Permian Basin of west Texas; and the Mertzon, Sterling, and Conger processing plants in west Texas. The company's the Louisiana Operating Unit System comprises approximately 850 miles of gathering system pipelines, covering approximately 3,800 square miles in southwest Louisiana between Lafayette and Lake Charles, the Gillis and Acadia processing plants, and an intrastate pipeline system. Targa Resources GP LLC serves as the general partner of the company. The company was founded in 2006 and is based in Houston, Texas. Targa Resources Partners LP is a subsidiary of Targa Resources, Inc.
Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
Sparger John RobertSenior VP and CAOAug 17Buy16.337,600124,10810,000Aug 18 11:40 AM
Sparger John RobertSenior VP and CAOAug 14Buy16.852,40040,4402,400Aug 18 11:40 AM
Evans Robert BDirectorMay 12Buy11.596,00069,5439,000May 13 05:50 PM