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) posted its earnings results on Monday, August, 4th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.02. The firm earned $713.96 million during the quarter, compared to the consensus estimate of $676.97 million. Targa Pipeline Partners LP had a net margin of 14.09% and a return on equity of 17.87%. 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:  2.7 out of 5 (star star)
Outperform Votes:  61 (Vote Outperform)
Underperform Votes:  53 (Vote Underperform)
Total Votes:  114
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

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)
Latest Headlines for Targa Pipeline Partners LP (NYSE:APL)
Source:
DateHeadline
marketwatch.com logoAfter Harvey, Texas Refineries and Chemical Plants Cautiously Move to Reopen, an Industrial Info News Alert
www.marketwatch.com - September 1 at 4:29 PM
nasdaq.com logoEarnings Review and Free Research Report: Targa Resources’ Revenue Jumped 18%
www.nasdaq.com - August 22 at 9:46 PM
reuters.com logoBRIEF-American Midstream announces Cayenne pipeline Joint Venture
www.reuters.com - August 8 at 8:53 PM
streetinsider.com logoAmerican Midstream Partners (AMID) Announces Cayenne Pipeline JV with Targa
www.streetinsider.com - August 8 at 8:53 PM
marketwatch.com logoTarga Resources Corp. Prices Public Offering of Common Stock
www.marketwatch.com - May 25 at 9:15 PM
finance.yahoo.com logoU.S. Judge defers ruling on dismissal of Cooperman insider trading case
finance.yahoo.com - April 7 at 6:44 AM
seekingalpha.com logoSanchez Production Partners' (SPP) CEO Gerry Willinger on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 24 at 9:09 PM
reuters.com logoOmega's Cooperman loses bid to dismiss SEC insider trading case
www.reuters.com - March 22 at 9:06 PM
reuters.com logoJudge defers ruling on dismissal of Cooperman insider trading case
www.reuters.com - February 7 at 9:26 PM
bloomberg.com logoCooperman Case Poses Question of When Inside Tips Become Illicit
www.bloomberg.com - January 9 at 3:45 PM
finance.yahoo.com logoCOOPERMAN: I could settle the SEC's charges with less than half of what I give to charity
finance.yahoo.com - November 22 at 8:42 PM
finance.yahoo.com logoLeon Cooperman Could Have Been Forced Out Of The Hedge Fund Industry As Part Of An SEC Settlement
finance.yahoo.com - November 22 at 8:42 PM
ft.com logo[$$] Goldman Sachs retirement money pulled from Omega Advisors
www.ft.com - October 6 at 9:20 AM
News IconThe insider trading case against Leon Cooperman raises some important questions
www.businessinsider.com - September 24 at 3:28 PM
bloomberg.com logoSEC Files Insider Trading Case Against Leon Cooperman
www.bloomberg.com - September 24 at 8:50 AM
News IconA relative of Leon Cooperman tried to blow the whistle on him
www.businessinsider.com - September 23 at 3:56 PM
marketwatch.com logoWhat Mark Cuban thinks of the SEC insider-trading case against Leon Cooperman
www.marketwatch.com - September 23 at 3:56 PM
finance.yahoo.com logoThursday links: responding in novel ways
finance.yahoo.com - September 22 at 3:30 PM
bloomberg.com logoHedge-Fund Son Thought Hedge-Fund Dad's Trades Were Pretty Fishy
www.bloomberg.com - September 22 at 9:24 AM
bloomberg.com logoCooperman Says ‘I Won't Let These People Destroy My Legacy’
www.bloomberg.com - September 22 at 9:24 AM
finance.yahoo.com logoU.S. SEC charges fund manager Cooperman with insider trading
finance.yahoo.com - September 22 at 9:24 AM
wsj.com logo[$$] SEC Accuses Leon Cooperman of Insider Trading
www.wsj.com - September 22 at 9:24 AM
bloomberg.com logoCooperman Had Long, Often Costly Relationship With Cohen Family
www.bloomberg.com - September 22 at 9:24 AM
thestreet.com logoInsider Trading Charges Filed Against Omega Advisors, Leon Cooperman
www.thestreet.com - September 21 at 4:26 PM
ft.com logo[$$] SEC charges Leon Cooperman with insider trading
www.ft.com - September 21 at 4:26 PM
finance.yahoo.com logoBoardwalk Pipeline Partners To Join The Alerian MLP Index And Alerian MLP Equal Weight Index
finance.yahoo.com - February 19 at 8:35 AM
biz.yahoo.com logoATLAS PIPELINE PARTNERS LP Files SEC form 8-K, Other Events
biz.yahoo.com - February 12 at 6:03 AM
247wallst.com logoAtlas and Targa: Another Very Complicated Major MLP Acquisition
247wallst.com - October 13 at 9:50 AM
finance.yahoo.com logoTarga Resources and unit to buy Atlas Energy, Atlas Pipeline
finance.yahoo.com - October 13 at 9:40 AM
finance.yahoo.com logoTarga Resources and affiliate to buy Atlas Pipeline and Atlas Energy
finance.yahoo.com - October 13 at 8:31 AM
finance.yahoo.com logoThe Best High-Yield Stock To Profit From The American Oil Boom
finance.yahoo.com - August 27 at 1:00 PM
finance.yahoo.com logo3 High-Yielding MLPs You Can't Afford to Ignore
finance.yahoo.com - January 12 at 12:30 PM

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Chart

Targa Pipeline Partners LP (APL) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff