uploads///trgps key projects and capex

What Are Targa Resources’ Key Capital Projects?

By

Jan. 2 2017, Updated 7:35 a.m. ET

TRGP’s capital projects

Targa Resources (TRGP) plans to drive growth through investment in new projects and limit the impact of changes in commodity prices. Targa Resources has completed two major projects, the CBF Train 5 Expansion and the West Texas Buffalo Plant, in 2016.

The company received approval for a new 200 MMcf/d (million cubic feet per day) plant in West Texas in November 2016. The company expects the plant to be completed in 4Q17. The above table lists TRGP’s key capital projects and their expected completion dates.

TRGP expects the 200 MMcf/d Raptor plant in South Texas that it is constructing in a joint venture with Sanchez Energy (SN) to be in service in the first quarter of 2017.

Article continues below advertisement
Advertisement

More From Market Realist

  • SemiLEDS logo over LED lighting
    Company & Industry Overviews
    There's Still Time to Get in on SemiLEDS (LEDS) Stock
  • Trader on the NYSE
    Company & Industry Overviews
    What Are the Most Expensive Stocks Ever?
  • Michelob Ultra beer
    Company & Industry Overviews
    AB InBev Is the Top Beer Brand Worldwide—Is It a Monopoly?
  • Businesswoman looking out a window
    Company & Industry Overviews
    Shifting Focus: Three Women Investing Funds in 2021
  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.