Targa Resources (TRGP) Reports Q1 Revenues Below Estimates

Targa Resources (NYSE: TRGP) reported Q1 revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.66 billion.

“We continue to remain focused on execution across all areas of our business, and are on-track to bring online a substantial portion of our system expansions in the very near term, including our Grand Prix NGL Pipeline project,” said Joe Bob Perkins, Chief Executive Officer of the Company. “Our growth projects and commercial success further enhance our strategic position and attractive long-term outlook for Targa.”

For earnings history and earnings-related data on Targa Resources (TRGP) click here.

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