Targa Resources Investments Inc. announced its plan for an initial public offering of up to $300 million shares of its common stock. the common stock.
The Houston, Texas-based company intends to apply to list its common stock on the New York Stock Exchange under the symbol "TRGP".
Targa Resources Investments own general and limited partner interests, including incentive distribution rights, in Targa Resources Partners LP (NGLS), a publicly traded Delaware limited partnership that is a provider of midstream natural gas and natural gas liquid services in the United States.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.