Targa Resources (TRGP) Reports Q3 Net Income of $182.2M

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Targa Resources Corp. Reports Third Quarter 2021 Financial Results

November 4, 2021 6:00 AM EDT

HOUSTON, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (TRC, the Company or Targa) today reported third quarter 2021 results.

Third Quarter 2021 Financial Results

Third quarter 2021 net income attributable to Targa Resources Corp. was $182.2 million compared to net income of $69.3 million for the third quarter of 2020.

The Company reported adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (Adjusted EBITDA) of $505.9 million for the third quarter of 2021 compared to $419.1 million for the third quarter of 2020 (see the section of this release... More