Press Releases

HOUSTON, March 1, 2010 (GLOBE NEWSWIRE) -- Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership") (NYSE:NGLS) today reported fourth quarter 2009 net income of $38.4 million, or $0.56 per diluted limited partner unit compared to net income of $19.8 million, or $0.48 per diluted limited partner unit for the fourth quarter of 2...

HOUSTON, January 26, 2010 - Targa Resources Partners LP (NYSE: NGLS) ("Targa Resources Partners" or the "Partnership") announced today that it will report its fourth quarter and year-end 2009 earnings before the New York Stock Exchange opens for trading on Monday, March 1, 2010. Following the announcement, the Partnership will host a conference ...

HOUSTON, January 13, 2010 - Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership") (NASDAQ: NGLS) announced today that it has priced an underwritten public offering of 5,500,000 common units representing limited partner interests at $23.14 per common unit. The offering is expected to close on or about January 19, 2010. The...

HOUSTON, TX - January 6, 2010 - Targa Resources, Inc. (the "Company") announced today that it has closed its previously announced new senior secured credit facility which includes a $100 million revolving credit facility due 2014 and a $500 million term loan due 2016. The Company has also announced the completion of its previously announced cash...

HOUSTON, TX - December 21, 2009 - Targa Resources, Inc. (the "Company") announced today that it has received, pursuant to its previously announced cash tender offer and consent solicitation for any and all of the outstanding $250,000,000 aggregate principal amount of 8 1/2% Senior Notes due 2013, CUSIP No. 87611UAC5 (the "Notes"), which are co i...

HOUSTON, December 8, 2009 - Targa Resources, Inc. ("Targa" or the "Company") announced today that it has posted a lender presentation to the Investors section of its website. The presentation is related to the previously announced $700 million Senior Secured Credit Facility. Investors can download the presentation at http://ir.targaresources.com...

HOUSTON - December 4, 2009 - Targa Resources, Inc. ("Targa" or the "Company") announced today that it intends to raise a new senior secured credit facility of up to $700 million, including a $150 million revolving credit facility due 2014 and a term loan due 2016 of up to $550 million. Targa plans to use a portion of the proceeds of the new term...

HOUSTON - November 16, 2009 - Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership") (NASDAQ: NGLS) announced today that Rene Joyce, Chief Executive Officer, will speak at the RBC Capital Markets MLP Conference to be held on November 19 - 20, 2009 at the Four Seasons Resort and Club, Dallas at Las Colinas. The pres...

HOUSTON - November 4, 2009 -Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership") (NASDAQ: NGLS) today reported third quarter 2009 net income attributable to Targa Resources Partners of $10.0 million or $0.23 per diluted limited partner unit. The Partnership reported earnings before interest, income taxes, depreciation an...

HOUSTON, October 19, 2009 - Targa Resources Partners LP (NASDAQ: NGLS) ("Targa Resources Partners" or the "Partnership") announced today that the board of directors of its general partner (the "Board") has declared a quarterly cash distribution of 51.75¢ per common unit, or $2.07 per common unit on an annualized basis, for the third quarter...