Targa Resources (TRGP) Tops Q2 Revenues Above Consensus

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Targa Resources Corp. Reports Second Quarter 2018 Financial Results

August 9, 2018 6:00 AM EDT

HOUSTON, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (TRC, the Company or Targa) today reported second quarter 2018 results.

Second Quarter 2018 Financial Results 

Second quarter 2018 net income attributable to Targa Resources Corp. was $109.1 million compared to $57.6 million for the second quarter of 2017.

The Company reported earnings before interest, income taxes, depreciation and amortization, and other non-cash items (Adjusted EBITDA) of $326.0 million for the second quarter of 2018 compared to $257.9 million for the second quarter of 2017 (see the section of this release entitled Targa Resources... More