Targa Resources (TRGP) Reports Q3 Revenue Beat

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Go back to Targa Resources (TRGP) Reports Q3 Revenue Beat

Targa Resources Corp. Reports Third Quarter 2020 Financial Results

November 5, 2020 6:00 AM EST

HOUSTON, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (TRC, the Company or Targa) today reported third quarter 2020 results.

Third Quarter 2020 Financial Results

Third quarter 2020 net income (loss) attributable to Targa Resources Corp. was $69.3 million compared to a net loss of $(47.3) million for the third quarter of 2019.

The Company reported quarterly earnings before interest, income taxes, depreciation and amortization, and other non-cash items (Adjusted EBITDA) of $419.1 million for the third quarter of 2020 compared to $349.6 million for the third quarter of 2019 (see the section of... More