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Targa Resources to Ratchet Down Capex in 2020 to $1.2 Billion

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SUGAR LAND--November 8, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Targa Resources Corporation (NYSE:TRGP) (Houston, Texas) will greatly reduce its capital expenditures in 2020 as it reaps the benefits of about $4 billion worth of projects that were completed and began operations in 2019, company executives said Thursday. Industrial Info is tracking $4.4 billion in active projects belonging to the midstream energy company.

Within this article: Update on Targa project activity. Other companies featured: Pioneer Natural Resources Company (NYSE:PXD)

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Industry Segment: Pipelines
Word Count: 590 Words
Attachment: Targa

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