Targa Resources' (TRGP) distributable cash flow came in at $301.9 million, compared to $187 million in the first quarter of 2019.

Western Midstream (WES) saw a big move last session, as its shares jumped more than 12% on the day, amid huge volumes.

HOUSTON, May 07, 2020 -- Targa Resources Corp. (NYSE: TRGP) (“TRC”, the “Company” or “Targa”) today reported first quarter 2020 results. First Quarter 2020 Financial Results.

Despite two of the three cutting their payouts, investors still jumped back in to the oil and gas sector.

Does the May share price for Targa Resources Corp. (NYSE:TRGP) reflect what it's really worth? Today, we will estimate...

Targa Resources Corp. (“TRC”, “Targa” or the “Company”) (TRGP) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferred shares with respect to the first quarter of 2020. TRC announced today that its board of directors has declared a quarterly cash dividend of $0.10 per common share, or $0.40 per common share on an annualized basis, for the first quarter of 2020. This cash dividend will be paid May 15, 2020 on all outstanding common shares to holders of record as of the close of business on May 1, 2020.

HOUSTON, April 28, 2020 -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") will report its first quarter 2020 financial results before the market opens for.

Targa Resources (TRGP) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Targa Resources (TRGP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Targa Resources' (TRGP) infrastructure assets in the Permian shale play is expected to have placed it well for significant volume growth in the to-be-reported quarter.

Operational results will worsen, but most companies should muddle through.

Ladies and gentlemen, thank you for standing by, and welcome to the Targa Resources First Quarter 2020 Earnings Conference Call. Good morning, and welcome to the First Quarter 2020 Earnings Call for Targa Resources Corp. The first quarter earnings release for Targa Resources, along with the first quarter earnings supplement presentation are available on the Investors section of our website at targaresources.com.

When oil and gas prices fall, the companies with the most to lose tend to be producers. Increasingly, so-called midstream companies are having to cut their budgets and dividends to keep on sound financial footing. On Monday, DCP Midstream (ticker: DCP), a company that operates natural gas processing facilities and pipelines, announced that it would cut its dividend in half “in response to extraordinary and volatile market conditions.”

Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE:NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Series A Preferred Units") for May 2020. Targa Resources Partners LP announced today that the board of directors of its general partner has declared a monthly cash distribution of $0.1875 per Series A Preferred Unit, or $2.25 per Series A Preferred Unit on an annualized basis, for May 2020. This cash distribution will be paid June 15, 2020 on all outstanding Series A Preferred Units to holders of record as of the close of business on May 29, 2020.

Shares of Targa Resources (NYSE: TRGP) surged 15% by 11:15 a.m. EDT on Thursday. Targa Resources delivered strong first-quarter results despite all the turbulence in the oil market during that period.

Crude oil was on fire today. WTI, the leading U.S. oil price benchmark, rose as much at 12.5% by 2:45 p.m. EDT on Monday and closed above $32 a barrel. Several soared more than 10%, including many midstream companies, known more for paying high-yielding dividends.

Q1 2020 Targa Resources Corp Earnings Call

Shares of offshore drilling specialist Transocean (NYSE: RIG), midstream operator Targa Resources (NYSE: TRGP), and oil and gas producer Ovintiv (NYSE: OVV) spent a large part of trading on May 12 up more than 10%. Transocean shares finished trading up 13.5%, while Targa and Ovintiv shares closed up around 8%. The last big news for any of the three came last week, when Targa Resources reported on May 7, reporting solid results and a big increase in adjusted EBITDA, helping reassure investors after having gutted its dividend earlier this year.

A copy of the slides used for the conference meetings will be available in the Investors section of the Company's website at www.targaresources.com, or by going to https://www.targaresources.com/investors/events. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary midstream energy assets.

If you're interested in Targa Resources Corp. (NYSE:TRGP), then you might want to consider its beta (a measure of...