Targa Resources (TRGP) Reports Q3 Revenues Miss

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Go back to Targa Resources (TRGP) Reports Q3 Revenues Miss

Targa Resources Corp. Reports Third Quarter 2019 Financial Results and Provides Preliminary 2020 Growth Capital Outlook

November 7, 2019 6:15 AM EST

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

Third Quarter 2019 Financial Results

Third quarter 2019 net loss attributable to Targa Resources Corp. was $47.3 million compared to a net loss of $23.7 million for the third quarter of 2018.

The Company reported quarterly earnings before interest, income taxes, depreciation and amortization, and other non-cash items (Adjusted EBITDA) of $349.6 million for the third quarter of 2019 compared to $347.2 million for the third quarter of 2018 (see the section of this release... More