What Is the Symbol of Targa Resources Partners Lp?

Author

Posted Jul 12, 2022

Reads 132

Library with lights

Targa Resources Partners LP is a publicly traded partnership formed in 2006 by Targa Resources Corp. (TRC), now a publicly traded corporation, to own, operate, acquire and develop midstream energy assets. The partnership is engaged in the business of gathering, processing and selling natural gas and natural gas liquids (NGLs) and storing, fractionating and selling NGL products. The partnership owns natural gas gathering pipelines and processing plants in North Dakota, Montana, Wyoming, Colorado, Texas, Louisiana and Mississippi.

The partnership owns NGL storage facilities and fractionation plants in Texas and Louisiana. The partnership also owns an 87.5% interest in Gulf Coast Growth Partners, LP, a midstream infrastructure joint venture with Plains All American Pipeline, L.P. (PAA), which owns and operates natural gas and NGL pipelines and storage facilities along the Texas Gulf Coast.

The symbol of Targa Resources Partners LP is “NSYE:TRGP”.

What is the ticker symbol for Targa Resources Partners LP?

Targa Resources Partners LP is a publicly traded partnership formed in 2006 by Targa Resources Corp. (TRC), now a publicly traded corporation, to own, operate, acquire and develop midstream energy assets. The partnership is engaged in the business of gathering, processing and selling natural gas and natural gas liquids (NGLs) and storing, fractionating and selling NGL products. The partnership owns natural gas gathering pipelines and processing plants in North Dakota, Montana, Wyoming, Colorado, Texas, Louisiana and Mississippi.

The partnership owns NGL storage facilities and fractionation plants in Texas and Louisiana. The partnership also owns an 87.5% interest in Gulf Coast Growth Partners, LP, a midstream infrastructure joint venture with Plains All American Pipeline, L.P. (PAA), which owns and operates natural gas and NGL pipelines and storage facilities along the Texas Gulf Coast.

The symbol of Targa Resources Partners LP is “NSYE:TRGP”.

What is the CUSIP for Targa Resources Partners LP?

A CUSIP is an identification number for a security. It is a nine-character code that uniquely identifies a company or corporate security. The CUSIP for Targa Resources Partners LP is TCLP-IV.

What is the symbol for Targa Resources Partners LP's common units?

Targa Resources Partners LP's common units are a type of equity investment that entitles the holder to a share of the company's profits, through distributions of cash or units of additional Targa Resources Partners LP common units. The common units are traded on the New York Stock Exchange under the ticker symbol "NGLS."

What is the symbol for Targa Resources Partners LP's subordinated units?

Targa Resources Partners LP's subordinated units are series B units representing limited partner interests in the Partnership. The limited partners have no general partner interests, limited voting rights and are subject to certain transfer restrictions. The series B units are not and will not be registered under the Securities Act of 1933, as amended. The initial public offering price of the series B units was $25.00 per unit.

What is the symbol for Targa Resources Partners LP's preferred units?

The symbol for Targa Resources Partners LP's (TRGP) preferred units is a "P" with a a small "+" sign next to it. The "+" sign signifies that the units are "cumulative" or that the dividends on the units are reinvested. The "P" stands for "preferred."

What is the symbol for Targa Resources Partners LP's exchangeable units?

Targa Resources Partners LP's exchangeable units are represented by the symbol "NGLSXU". These units are exchangeable for common units of Targa Resources Partners LP at the holder's option. The exchange ratio is currently 1 common unit for every 2.4 exchangeable units.

What is the symbol for Targa Resources Partners LP's debentures?

Targa Resources Partners LP is a publicly traded partnership formed in 2006 by Targa Resources Corp. (TRC), now a publicly traded corporation, to own, operate, acquire and develop midstream energy assets. The partnership is engaged in the business of gathering, processing and selling natural gas and natural gas liquids (NGLs) and storing, fractionating and selling NGL products. The partnership owns natural gas gathering pipelines and processing plants in North Dakota, Montana, Wyoming, Colorado, Texas, Louisiana and Mississippi.

The partnership owns NGL storage facilities and fractionation plants in Texas and Louisiana. The partnership also owns an 87.5% interest in Gulf Coast Growth Partners, LP, a midstream infrastructure joint venture with Plains All American Pipeline, L.P. (PAA), which owns and operates natural gas and NGL pipelines and storage facilities along the Texas Gulf Coast.

The symbol of Targa Resources Partners LP is “NSYE:TRGP”.

What is the symbol for Targa Resources Partners LP's warrants?

Targa Resources Partners LP's warrants are symbolized by the ticker TRGPW. The warrants were introduced on February 8, 2010 and they are set to mature on February 8, 2020. Each warrant entitles the holder to purchase one common unit of Targa Resources Partners LP at a price of $54.50.

What is the symbol for Targa Resources Partners LP's rights?

Targa Resources Partners LP's rights are symbolized by their "TRP" NYSE ticker symbol. The "TRP" ticker symbol represents the partnership interests of Targa Resources Partners LP. The "TRP" ticker symbol is used by market participants to identify the partnership interests of Targa Resources Partners LP in the marketplace.

Frequently Asked Questions

Will Targa Resources host an investor meeting in 2022?

Yes, Targa Resources Corp. will host an investor meeting in 2022 via video conference at the UBS Winter Infrastructure & Energy Virtual Conference.

What did Targa energy do with its JVs?

Targa’s JVs purchased natural gas and natural gas liquids from producers, and sold them to customers.

What is Stonepeak’s capital commitment to Targa?

The Stonepeak Capital commitment to Targa is a total of $960 million.

What happened to Targa Resources Partners LP?

Targa Resources Partners LP is a publicly traded oil and gas company.

What happened to Targa Resources common units?

Targa Resources common units are now owned by Targa Resources Corp.

Ella Bos

Senior Writer

Ella Bos is an experienced freelance article author who has written for a variety of publications on topics ranging from business to lifestyle. She loves researching and learning new things, especially when they are related to her writing. Her most notable works have been featured in Forbes Magazine and The Huffington Post.