Targa Resources Q4 Net Income Rises, Revenue Falls

MT Newswires Live

02/19

Targa Resources (TRGP) reported Q4 net income Thursday of $545 million, up from $351 million a year earlier.

Analysts polled by FactSet expected $512.5 million.

Revenue for the quarter ended Dec. 31 was $4.06 billion, down from $4.41 billion a year earlier.

Analysts surveyed by FactSet expected $4.73 billion.

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