Targa Resources Corp. Reports Second Quarter 2020 Financial Results
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Targa Resources (TRGP) Reports Q2 Revenues Miss
August 6, 2020 6:10 AM EDTTarga Resources (NYSE: TRGP) reported Q2 revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.62 billion.
Second Quarter 2020 Financial Results
Second quarter 2020 net income (loss) attributable to Targa Resources Corp. was $81.0 million compared to a net loss of $(10.2) million for the second quarter of 2019.
The Company reported quarterly earnings before interest, income taxes, depreciation and amortization, and other non-cash items (Adjusted EBITDA) of $351.2 million for the second quarter of 2020 compared to $306.5 million for the second quarter of 2019 (see the section of this release entitled Targa Resources Corp. Non-GAAP Financial Measures for... More
