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0.000813262433531407 -0.00118861432593055 0.000312793243666008 -0.000625586487331838 0.0306537378792618 0.0400375351892399 0.0275883640913356 0.0280888332812012
Stock impact report

Targa Partners With WPC JV and Reaches FID for Traverse Pipeline [Yahoo! Finance]

Targa Resources, Inc. (TRGP) 
US:NYSE Investor Relations: ir.targaresources.com/trc/events.cfm
Company Research Source: Yahoo! Finance
ENB, through their WPC Joint Venture (JV), and reached a Final Investment Decision (FID) to move forward with the construction of the Traverse Pipeline. The FID was made after the partners successfully secured firm transportation agreements from investment-grade shippers. With firm transportation commitments secured from investment-grade shippers, the Traverse Pipeline is anticipated to be a low-risk, high-visibility infrastructure investment. Its strategic route and multiple connectivity enhance its long-term value. Investors can view this project as a strong combination of bettermarket reach, increased transport capacity and experienced operatorship, which can result in long-term value creation in the energy sector. The Traverse Pipeline is a 160-mile, 36-inch bi-directional natural gas pipeline that will run between Agua Dulce, South Texas and the Katy area along the Gulf Coast. With a transportation capacity of up to 1.75 billion cubic feet per day (Bcf/d), the project is se Show less Read more
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