Targa Resources (TRGP) Reports Q1 Net Income of $596.4M
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Targa Resources Corp. Reports Second Quarter 2022 Financial Results and Increases Full Year 2022 Financial Outlook
August 4, 2022 6:00 AM EDTHOUSTON, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (TRGP, the Company or Targa) today reported second quarter 2022 results.
Second Quarter 2022 Financial Results
Second quarter 2022 net income attributable to Targa Resources Corp. was $596.4 million (including a $435.9 million gain on the sale of an equity method investment attributable to the sale of Targa GCX Pipeline LLC) compared to $56.2Â million for the second quarter of 2021.
The Company reported adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (adjusted EBITDA) of $666.4 million for... More
