Targa Resources (TRGP) Reports Q1 Revenues Below Estimates

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Targa Resources Corp. Reports First Quarter 2019 Financial Results

May 7, 2019 6:00 AM EDT

HOUSTON, May 07, 2019 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (TRC, the Company or Targa) today reported first quarter 2019 results.

First Quarter 2019 Financial Results

First quarter 2019 net income (loss) attributable to Targa Resources Corp. was ($38.9) million compared to $22.9 million for the first quarter of 2018.

The Company reported record quarterly earnings before interest, income taxes, depreciation and amortization, and other non-cash items (Adjusted EBITDA) of $313.9 million for the first quarter of 2019 compared to $306.6 million for the first quarter of 2018 (see the section of this release... More