(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 4B | +10% |
Gross Profit | 770.1MM | - |
Cost Of Revenue | 3.2B | +11% |
Operating Income | 639.4MM | +1% |
Operating Expenses | 130.7MM | - |
Net Income | 275.2MM | -8% |
G&A | 86.5MM | -9% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Targa Resources Corp. (NYSE:TRGP) Q1 2024 Earnings Call Transcript May 2, 2024 Targa Resources Corp. misses on earnings expectations. Reported EPS is $1.24 EPS, expectations were $1.38. Targa Resources Corp. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you […]
Targa Resources says different projects are falling in place for gas capacity expansion
Targa Resources ( NYSE:TRGP ) First Quarter 2024 Results Key Financial Results Revenue: US$4.56b (flat on 1Q 2023). Net...
Unveiling robust financial results and strategic initiatives, TRGP sets a strong pace for 2024 with significant dividend increases and promising capital projects.
Q1 2024 Targa Resources Corp Earnings Call
Dissecting the Financials and Future Prospects of Targa Resources Corp
Sector Update: Energy Stocks Edge Higher Pre-Bell Thursday
Targa Resources beat Wall Street estimates for first-quarter core profit, as the pipeline operator benefitted from higher volumes of natural gas liquids (NGL) transported through its system. NGL pipeline transportation volumes were up nearly 34% in the January-March quarter compared to last year, while NGL sales rose about 22% to 1.23 million bbl/d in the quarter from a year earlier. Crude prices gained in the January-March quarter, as production curtailments from OPEC+, Russian refinery outag...
Insights into Financial Performance and Future Projections
HOUSTON, May 02, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2024 results. First quarter 2024 net income attributable to Targa Resources Corp. was $275.2 million compared to $497.0 million for the first quarter of 2023. The Company reported record adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (“adjusted EBITDA”)(1) of $966.2 million for the first quarter of 2