Targa Resources Reports Third-Quarter Revenue of $5.6 Billion, EPS of $3.04
Third-quarter revenue and earnings increased year over year, supported by higher NGL, natural gas and condensate prices and volumes, as well as growth in midstream fees. Higher product purchases and fuel partly offset gains.
Targa Resources’ third-quarter revenue and earnings increased year over year, as higher NGL, natural gas and condensate prices and volumes lifted commodity sales, while midstream fees also grew. Higher product purchases and fuel partly offset gains; operating income benefited from stronger segment…