Targa Pipeline Partners LP Company Profile (NYSE:APL)

About Targa Pipeline Partners LP (NYSE:APL)

Targa Pipeline Partners LP logoTarga Pipeline Partners, L.P. (the Partnership), formerly Atlas Pipeline Partners, L.P., was formed by its parent, Targa Resources Corp., to own, operate, acquire and develop a diversified portfolio of complementary midstream energy assets. The Partnership is a provider of midstream natural gas, natural gas liquids (NGL), terminaling and crude oil gathering services in the United States. The Partnership is engaged in the business of gathering, compressing, treating, processing and selling natural gas; storing, fractionating, treating, transporting and selling NGLs and NGL products; gathering, storing and terminaling crude oil; and storing, terminaling and selling refined petroleum products.

Industry, Sector and Symbol:
  • Sector: Energy
  • Industry: Oil Related Services and Equipment
  • Sub-Industry: N/A
  • Symbol: NYSE:APL
  • CUSIP: N/A
  • Web: www.atlaspipeline.com
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0
Profitability:
  • Net Margins: 14.09%
  • Return on Equity: 17.87%
  • Return on Assets: 9.56%
 

Frequently Asked Questions for Targa Pipeline Partners LP (NYSE:APL)

What is Targa Pipeline Partners LP's stock symbol?

Targa Pipeline Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "APL."

How were Targa Pipeline Partners LP's earnings last quarter?

Targa Pipeline Partners LP (NYSE:APL) released its quarterly earnings results on Monday, August, 4th. The company reported ($0.06) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.02. The company earned $713.96 million during the quarter, compared to analyst estimates of $676.97 million. Targa Pipeline Partners LP had a return on equity of 17.87% and a net margin of 14.09%. View Targa Pipeline Partners LP's Earnings History.

Who are some of Targa Pipeline Partners LP's key competitors?

Who are Targa Pipeline Partners LP's key executives?

Targa Pipeline Partners LP's management team includes the folowing people:

  • Edward E. Cohen, Executive Chairman of the Managing Board of Atlas Pipeline Partners GP, LLC
  • Patrick J. McDonie, President, Chief Operating Officer of Atlas Pipeline Partners GP, LLC
  • Eugene N. Dubay, Chief Executive Officer, Managing Board Member of Atlas Pipeline Partners GP, LLC
  • Jonathan Z. Cohen, Executive Vice Chairman of the Managing Board of Atlas Pipeline Partners GP, LLC
  • Robert W. Karlovich III, Chief Financial Officer, Chief Accounting Officer of Atlas Pipeline Partners GP, LLC
  • Gerald R. Shrader, Chief Legal Officer and Secretary of Atlas Pipeline Partners GP, LLC
  • Gayle P W Jackson Ph.D., Managing Board Member of Atlas Pipeline Partners GP, LLC
  • Michael L. Staines, Managing Board Member of Atlas Pipeline Partners GP, LLC
  • Tony C Banks, Independent Managing Board Member of Atlas Pipeline Partners GP, LLC
  • Curtis D. Clifford, Independent Managing Board Member of Atlas Pipeline Partners GP, LLC

How do I buy Targa Pipeline Partners LP stock?

Shares of Targa Pipeline Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Targa Pipeline Partners LP's stock price today?

One share of Targa Pipeline Partners LP stock can currently be purchased for approximately $27.00.


MarketBeat Community Rating for Targa Pipeline Partners LP (NYSE APL)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  65 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  123
MarketBeat's community ratings are surveys of what our community members think about Targa Pipeline Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Targa Pipeline Partners LP (NYSE:APL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for Targa Pipeline Partners LP (NYSE:APL)
Price Target History for Targa Pipeline Partners LP (NYSE:APL)
Analysts' Ratings History for Targa Pipeline Partners LP (NYSE:APL)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Targa Pipeline Partners LP (NYSE:APL)
Earnings by Quarter for Targa Pipeline Partners LP (NYSE:APL)
Earnings History by Quarter for Targa Pipeline Partners LP (NYSE APL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/2014Q214($0.08)($0.06)$676.97 million$713.96 millionViewListenView Earnings Details
5/8/2014Q114($0.08)($0.16)$615.65 million$663.13 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Targa Pipeline Partners LP (NYSE:APL)
Next Year EPS Consensus Estimate: $1 EPS

Dividends

Current Dividend Information for Targa Pipeline Partners LP (NYSE:APL)
Most Recent Dividend:2/13/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Targa Pipeline Partners LP (NYSE:APL)

Dividend History by Quarter for Targa Pipeline Partners LP (NYSE APL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/28/2014quarterly$0.6410.46%1/16/20151/21/20152/13/2015
10/29/2014quarterly$0.646.99%11/6/201411/10/201411/14/2014
7/23/2014quarterly$0.637.01%8/5/20148/7/20148/14/2014
4/23/2014quarterly$0.627.87%5/6/20145/8/20145/15/2014
1/28/2014quarterly$0.627.41%2/5/20142/7/20142/14/2014
10/24/2013quarterly$0.626.38%11/5/201311/7/201311/14/2013
7/23/2013quarterly$0.626.33%8/5/20138/7/20138/14/2013
4/24/2013quarterly$0.596.52%5/6/20135/8/20135/15/2013
1/23/2013quarterly$0.586.97%2/5/20132/7/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Targa Pipeline Partners LP (NYSE:APL)
Insider Trades by Quarter for Targa Pipeline Partners LP (NYSE:APL)
Insider Trades by Quarter for Targa Pipeline Partners LP (NYSE:APL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/20/2014Edward CohenChairmanBuy10,000$30.23$302,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Targa Pipeline Partners LP (NYSE:APL)
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Chart

Targa Pipeline Partners LP (APL) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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