Targa Resources (TRGP) Reports Q4 Revenues Miss
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Targa Resources Corp. Reports Fourth Quarter and Full Year 2019 Financial Results and Provides 2020 Operational and Financial Outlook
February 20, 2020 6:00 AM ESTHOUSTON, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (TRC, the Company or Targa) today reported fourth quarter and full year 2019 results.
Fourth Quarter and Full Year 2019 Financial Results
Fourth quarter 2019 net income (loss) attributable to Targa Resources Corp. was ($112.8) million compared to ($106.4)Â million for the fourth quarter of 2018. The fourth quarter of 2019 included a pre-tax non-cash loss of $229.0 million from the impairment of property, plant and equipment from a continuing decline in natural gas production across the Barnett Shale in North... More
