Summary
Targa Resources Corp.'s (TRGP) first quarter 2017 10-Q filing reveals a company navigating a dynamic energy landscape. The report highlights the company's financial performance and operational developments, providing investors with insights into its current standing and future outlook. Key aspects include the company's revenue streams, operational expansions, and financial health, all crucial for understanding TRGP's trajectory in the midstream energy sector.
Financial Highlights
50 data pointsBeta
Financial Statements
Beta
| Revenue | $2.11B |
| Gross Profit | $458.40M |
| Operating Income | $50.50M |
| Net Income | -$119.30M |
| EPS (Basic) | $-0.77 |
| EPS (Diluted) | $-0.77 |
| Shares Outstanding (Basic) | 191.80M |
| Shares Outstanding (Diluted) | 191.80M |
Key Highlights
- 1Revenue generation from both the Gathering and Processing (G&P) and Logistics and Marketing (L&M) segments, with specific details on the performance of each during the quarter.
- 2Information on capital expenditures and investments in infrastructure projects aimed at expanding the company's reach and service capabilities.
- 3Details regarding debt levels and liquidity, offering a look at the company's financial leverage and ability to meet its short-term and long-term obligations.
- 4Discussion of operational metrics such as throughput volumes and processed volumes, indicating the utilization of Targa's assets.
- 5Any significant legal proceedings or regulatory matters that could impact the company's operations or financial results.
- 6Updates on the company's risk factors, reflecting potential challenges and uncertainties in the energy market and Targa's business environment.