<a href="https://laohu8.com/S/TRGP">Targa Resources Corp</a>. reports Q3 net income of $478.4 million on $3.47 billion in sales
Targa Resources Corp. reported sales of commodities of $3,469.9 million for the third quarter of 2025, an 8% increase from $3,217.0 million in the same period of 2024. Fees from midstream services totaled $681.3 million, up 7% from $634.8 million. Net income attributable to Targa Resources Corp. was $478.4 million, a 23% increase from $387.4 million in the third quarter of 2024. For the nine months ended September 30, 2025, sales of commodities reached $10,990.6 million, up 9% from $10,126.2 million in the prior-year period, and fees from midstream services were $1,982.2 million, a 7% increase from $1,850.0 million. Net income attributable to Targa Resources Corp. for the nine months was $1,378.0 million, a 43% increase from $961.0 million in the same period of 2024. The increase in revenues was driven by higher NGL pipeline transportation and fractionation volumes, primarily due to increased supply from Permian G&P systems and the completion of a planned turnaround at fractionation facilities in Mont Belvieu, Texas. As of September 30, 2025, total consolidated debt was $17,431.3 million, and total consolidated liquidity was approximately $2.3 billion.
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