Does Targa Resources Issue K-1?

Does Targa Resources Issue K-1?

(“TRC”) and its subsidiaries completed the Agreement and Plan of Merger (“Merger”), by and between TRC and Targa Resources LP (“TRP”). Thus, if you held Series A preferred units at any time in 2020 you will receive a Schedule K-1.

Does Trgp issue k-1?

Does TRGP issue a K-1? Targa Resources Corp. Given its classification as a corporation for U.S. federal income tax purposes, TRGP pays a qualified dividend, which will generally be included in an investor’s ordinary dividend income. …

Who owns Targa Midstream?

Warburg Pincus
Targa Resources, Inc. (“Targa”) is formed by its Management Team and Warburg Pincus.

What does Targa Resources Corp do?

Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States.

Is Targa Resources an MLP?

Shares of natural gas firm Targa Resources (TRGP) were falling Tuesday after it announced plans to acquire its infrastructure master limited partnership, Targa Resources Partners (NGLS) at an 18% premium. The MLP units were up, but just 3.4%.

Is Targa Resources a good company to work for?

Great Place to Work Targa offers very competitive wages, they care about their employees and operate in a safe working mindset. They have numerous job positions and have great leadership. Overall a really good Midstream company to work for.

Are pipelines considered midstream?

The midstream sector involves the transportation (by pipeline, rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products. The midstream operations are often taken to include some elements of the upstream and downstream sectors.

Is LNG downstream or midstream?

LNG is in the midstream of the oil and natural gas value chain, taking supply from upstream, producing product at the midstream and selling into markets downstream.

Is Schlumberger upstream or downstream?

China National Offshore Oil Corporation and Schlumberger (SLB) are examples of large companies that focus on upstream services. Many of the largest upstream operators are the major diversified oil and gas firms, such as Exxon-Mobil (XOM).

Is LNG part of downstream?