Targa Resources Q1 Profit Rises, Revenue Falls

MT Newswires Live

05/07

Targa Resources (TRGP) reported Q1 net income Thursday of $479.6 million, up from $270.5 million a year earlier.

Analysts polled by FactSet expected $541.8 million

Revenue for the quarter ended March 31 was $4.09 billion, down from $4.56 billion a year earlier.

Analysts surveyed by FactSet expected $4.68 billion

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