Targa Resources Eyes Permian, Williston Basins for Oil & Gas Growth, Expects Up to $900 Million in Capex for Year
Targa Resources Eyes Permian, Williston Basins for Oil & Gas Growth, Expects Up to $900 Million in Capex for Year
SUGAR LAND--August 5, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Targa Resources Partners LP (NYSE:NGLS) and Targa Resources Corporation (NYSE:TRGP) (Houston, Texas) followed other Oil & Gas Industry players in reporting weaker earnings in second-quarter 2015, as low commodity prices more than offset solid production gains in areas such as the Permian and Williston basins, where the company reported significant volume growth. Industrial Info is tracking more than $1.8 billion in active projects involving Targa.
Within this article: Details on Targa's quarter and projects, including the expansion of natural gas-processing plant in North Dakota.
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