Targa Resources Partners (NGLS) Tops Q1 EPS by 29c
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Targa Resources Partners LP and Targa Resources Corp. Report First Quarter 2014 Financial Results
May 1, 2014 7:01 AM EDTHOUSTON, May 1, 2014 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (NYSE: NGLS) ("Targa Resources Partners" or the "Partnership") and Targa Resources Corp. (NYSE: TRGP) ("TRC" or the "Company") today reported first quarter 2014 results. First quarter 2014 net income attributable to Targa Resources Partners was $122.4 million compared to $38.9 million for the first quarter of 2013. Net income per diluted limited partner unit was $0.78 in the first quarter of 2014 compared to $0.16 for the first quarter of 2013. The Partnership reported earnings before interest, income taxes, depreciation and amortization and other non-cash items ("Adjusted EBITDA") of... More
