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10/05/15 - 12:11:51 PM ET (BATS BZX Real-time Price)
NGLS Day's Range
NGLS 52 Week Range
NGLS Business Summary
Targa Resources Partners LP owns, operates, acquires, and develops midstream energy assets in the United States.View NGLS key stats
Targa Resources Partners LP - NGLS - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Targa Resources Partners LP as a
Hold with a ratings score of C.
Report Snippet: We rate TARGA RESOURCES PARTNERS LP (NGLS) a HOLD. The primary factors that have impacted our rating are mixed – some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and deteriorating net income.