Straits Times Index
3,305.08 +8.19 (+0.25%) Nikkei
38,236.07 -37.98 (-0.10%) Hang Seng
18,505.62 +298.49 (+1.64%) FTSE 100
8,172.15 +50.91 (+0.63%) Bitcoin USD
59,302.41 +2,084.46 (+3.64%) CMC Crypto 200
1,281.08 +10.33 (+0.81%)
TRGP Jun 2024 60.000 call
| Previous close | 56.80 |
| Open | 56.80 |
| Bid | 51.80 |
| Ask | 54.70 |
| Strike | 60.00 |
| Expiry date | 2024-06-21 |
| Day's range | 56.80 - 56.80 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Reuters
Targa Resources beats first-quarter core profit estimates on higher transportation volumes
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 outages and the Middle East conflict raised concerns over supplies, helping oil and gas transportation firms like Targa Resources charge higher fees.
GuruFocus.comTarga Resources Corp. (TRGP) Q1 2024 Earnings: A Detailed Review
Insights into Financial Performance and Future Projections
GlobeNewswireTarga Resources Corp. Reports First Quarter 2024 Financial Results
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
