Targa Resources (TRGP) Q2 Net Income $56.2M, Raises Outlook

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Go back to Targa Resources (TRGP) Q2 Net Income $56.2M, Raises Outlook

Targa Resources Corp. Reports Second Quarter 2021 Financial Results and Increases 2021 Financial Outlook

August 5, 2021 6:00 AM EDT

HOUSTON, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (TRC, the Company or Targa) today reported second quarter 2021 results.

Second Quarter 2021 Financial Results

Second quarter 2021 net income attributable to Targa Resources Corp. was $56.2 million compared to net income of $81.0 million for the second quarter of 2020.

The Company reported adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (Adjusted EBITDA) of $460.0 million for the second quarter of 2021 compared to $351.2 million for the second quarter of 2020 (see the section of this... More