About Targa Pipeline Partners LP (NYSE:APL)
Targa 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?
Some companies that are related to Targa Pipeline Partners LP include Schlumberger N.V. (SLB), Halliburton Company (HAL), National Oilwell Varco (NOV), RPC (RES), Core Laboratories (CLB), Antero Midstream GP LP (AMGP), John Wood Group PLC (WG), Oceaneering International (OII), McDermott International (MDR), Frank's International N.V. (FI), Petrofac Limited (PFC), Forum Energy Technologies (FET), Tidewater (TDW), Superior Energy Services (SPN), Exterran Corp (EXTN), Helix Energy Solutions Group (HLX), USA Compression Partners, LP (USAC) and NCS Multistage Holdings (NCSM).
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)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.
Consensus Ratings for Targa Pipeline Partners LP (NYSE:APL) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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)
Analysts' Ratings History for Targa Pipeline Partners LP (NYSE:APL)
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No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Targa Pipeline Partners LP (NYSE:APL)Earnings History by Quarter for Targa Pipeline Partners LP (NYSE APL)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/4/2014 | Q214 | ($0.08) | ($0.06) | $676.97 million | $713.96 million | View | Listen |  |
| 5/8/2014 | Q114 | ($0.08) | ($0.16) | $615.65 million | $663.13 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Targa Pipeline Partners LP (NYSE:APL)Next Year EPS Consensus Estimate: $1 EPS
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 History by Quarter for Targa Pipeline Partners LP (NYSE APL)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/28/2014 | quarterly | $0.64 | 10.46% | 1/16/2015 | 1/21/2015 | 2/13/2015 |
| 10/29/2014 | quarterly | $0.64 | 6.99% | 11/6/2014 | 11/10/2014 | 11/14/2014 |
| 7/23/2014 | quarterly | $0.63 | 7.01% | 8/5/2014 | 8/7/2014 | 8/14/2014 |
| 4/23/2014 | quarterly | $0.62 | 7.87% | 5/6/2014 | 5/8/2014 | 5/15/2014 |
| 1/28/2014 | quarterly | $0.62 | 7.41% | 2/5/2014 | 2/7/2014 | 2/14/2014 |
| 10/24/2013 | quarterly | $0.62 | 6.38% | 11/5/2013 | 11/7/2013 | 11/14/2013 |
| 7/23/2013 | quarterly | $0.62 | 6.33% | 8/5/2013 | 8/7/2013 | 8/14/2013 |
| 4/24/2013 | quarterly | $0.59 | 6.52% | 5/6/2013 | 5/8/2013 | 5/15/2013 |
| 1/23/2013 | quarterly | $0.58 | 6.97% | 2/5/2013 | 2/7/2013 | 2/14/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Targa Pipeline Partners LP (NYSE:APL)Insider Trades by Quarter for Targa Pipeline Partners LP (NYSE:APL)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 2/20/2014 | Edward Cohen | Chairman | Buy | 10,000 | $30.23 | $302,300.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Targa Pipeline Partners LP (NYSE:APL)
Latest Headlines for Targa Pipeline Partners LP (NYSE:APL)
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Targa Pipeline Partners LP (APL) Chart for Tuesday, October, 24, 2017
