What is the overall financial health of Targa Resources as presented in this filing?

While the Table of Contents doesn't provide specific numbers, the filing includes Consolidated Balance Sheets and Statements of Operations, which are essential for assessing the company's financial health. Investors should refer to Item 2 (MD&A) and the detailed financial statements for a comprehensive understanding of assets, liabilities, revenues, expenses, and profitability.

What were the primary drivers of Targa Resources' financial performance in the first nine months of 2017?

The Statements of Operations for the three and nine months ended September 30, 2017, along with the MD&A (Item 2), will detail the revenue streams and cost structures that influenced the company's performance. Investors should look for discussions on segment performance (e.g., gathering and processing, logistics) and any significant operational or market factors impacting results.

What are the main risks facing Targa Resources according to this filing?

Item 1A, 'Risk Factors,' is dedicated to outlining the potential risks and uncertainties that could affect Targa Resources' business, financial condition, and results of operations. This includes, but is not limited to, commodity price volatility, regulatory changes, operational risks, and market demand for its services.

How has Targa Resources managed its cash flow and capital expenditures during this period?

The Consolidated Statements of Cash Flows for the nine months ended September 30, 2017, will provide insights into the company's cash generation from operations, investing activities (like capital expenditures), and financing activities. The MD&A (Item 2) should further elaborate on the company's cash management strategies and capital allocation decisions.

TRGP 10-Q Quarterly Report Q3 FY2017 — Revenue, Net Income, EPS

Summary

Targa Resources Corp.'s (TRGP) third-quarter 2017 10-Q filing reveals a company actively managing its operations and financial position amidst a dynamic energy landscape. While specific financial performance figures are not detailed in the provided Table of Contents, the filing indicates a review of operations, financial condition, and market risks. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) for insights into revenue drivers, cost management, and capital allocation strategies during the period. The inclusion of risk factors also provides crucial context on potential challenges and uncertainties impacting the company's future performance.

Financial Highlights

50 data points

Beta

Revenue

$1.88B

0.2% Gross Margin

Net Income

-$167.60M

-0.1% Net Margin

EPS (Diluted)

$-0.91

Total Assets

$14.00B

Cash & Equivalents

$114.10M

Free Cash Flow

-$271.60M

Financial Statements

Beta

Revenue	$1.88B
Cost of Revenue	$1.66B
Gross Profit	$468.70M
Operating Income	-$323.60M
Net Income	-$167.60M
EPS (Basic)	$-0.91
EPS (Diluted)	$-0.91
Shares Outstanding (Basic)	215.60M
Shares Outstanding (Diluted)	215.60M

Key Highlights

1The filing covers the three and nine months ended September 30, 2017, providing a clear view of recent operational performance.
2Key financial statements including Consolidated Balance Sheets, Statements of Operations, and Cash Flows are presented.
3Management's Discussion and Analysis (MD&A) section is available for detailed operational and financial insights.
4Disclosures regarding market risk provide context on potential impacts from commodity prices and interest rates.
5Risk Factors section highlights potential challenges and uncertainties relevant to Targa Resources' business.
6The report details legal proceedings and any unregistered sales of equity securities, offering transparency on contingent liabilities and capital structure changes.

Targa Resources Corp. Quarterly Report for Q3 Ended Sep 30, 2017

Summary

Financial Highlights

Key Highlights

Frequently Asked Questions