![Targa Resources Corp. [TRGP] reports annual net loss of $1.6 billion](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FTRGP.png&w=3840&q=75)
Targa Resources Corp. [TRGP] reports annual net loss of $1.6 billion
Company Reports Revenue of $16.1 billion
Targa Resources Corp. [TRGP] has reported a net loss of $1.6 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $16.1 billion
Based in HOUSTON, Texas, Targa Resources Corp. operates in the TRANSPORT sector.
In the Consolidated Statements of Operations for the fiscal year ended December 31, 2023, Targa Resources Corp. reported total revenues of $16.06 billion, a decrease from $20.93 billion in the previous year and $16.95 billion in the year before that.
Costs and expenses for the year included product purchases and fuel totaling $10.68 billion, operating expenses of $1.08 billion, depreciation and amortization expenses of $1.33 billion, general and administrative expenses of $348.7 million, impairment of long-lived assets of $452.3 million, and other operating income and expenses.
