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Targa Resources Reports $351 Million Quarterly Profit
By USinMinutes - Feb 20, 2025, 06:15 AM ET
Last Updated - Feb 20, 2025, 06:20 AM EST
The company records $4.4 billion revenue for Q4 ended Dec 31, 2024
Targa Resources Corp. [TRGP] reported $351 million profit for Q4 ended Dec 31, 2024, showing an increase of $51.4 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 20, 2025 that it generated revenue of $4.4 billion for the period, showing an increase of $165.7 million in the same quarter of the previous year.
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Based in Houston, Texas, the company reported $0 earnings per share for the period.
The company's profit increased by 17% from $299.6 million in the last quarter.
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The revenue increased 3.91% from $4.2 billion in the same quarter of the previous year.
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