Exhibit 99.1 811 Louisiana, Suite 2100 Houston, TX 77002 713.584.1000 Targa Resources Corp. Reports First Quarter 2024 Financial Results HOUSTON – May 2, 2024 - 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 ...

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 2024 compared ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its ...

HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("Targa" or the "Company") announced today that its board of directors has declared an increase to its quarterly cash dividend to $0.75 per common share, or $3.00 per common share on an annualized basis, for the first quarter of 2024, consistent with previously disclosed expectations. This dividend represents a 50 percent increase over the common dividend declared with respect to the first quarter of 2023. This cash dividend will ...

ssuaphoto Back in early December, I wrote that Targa Resources (NYSE:TRGP) had some of the best growth prospects in the midstream space, starting coverage of the stock with a “Buy” rating. The stock has returned nearly 20% since then. With the company reporting results last month, let’s catch up on the name. Company Profile As a quick reminder, TRGP is a midstream company that operates in a number of basins throughout the U.S. Within its Gathering & Processing (G&P) segment the company gathers, processe ...

HOUSTON, March 01, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at the Morgan Stanley Energy & Power Conference in New York City, NY on Wednesday, March 6, 2024. A copy of the slides used for the conference meetings will be available in the Investors section of the Company's website at www.targaresources.com, or by going to https://www.targaresources.com/investors/events. Abou ...

Targa Resources Corp. (TRGP) reported fourth-quarter 2023 earnings of $1.23 per share, which missed the Zacks Consensus Estimate of $1.49. The bottom line also deteriorated from the year-ago quarter’s level of $1.38. The underperformance could be attributed to lower commodity sales.Revenues totaled $4.2 billion, down 8.7% year over year. The top line also missed the Zacks Consensus Estimate of $4.5 billion.The company’s adjusted EBITDA for the fourth quarter totaled $959.9 million, up from $840.4 million in ...

For the quarter ended December 2023, Targa Resources, Inc. (TRGP) reported revenue of $4.24 billion, down 6.9% over the same period last year. EPS came in at $1.23, compared to $1.38 in the year-ago quarter.The reported revenue represents a surprise of -5.73% over the Zacks Consensus Estimate of $4.5 billion. With the consensus EPS estimate being $1.49, the EPS surprise was -17.45%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("TRGP" or the "Company" or "Targa") has filed its Form 10-K with the Securities and Exchange Commission (SEC) for the year ended December 31, 2023. The report may be accessed at www.sec.gov. The report is also available in the Investors section of the Company's website at www.targaresources.com, or by going directly to https://www.targaresources.com/investors/financial-information/sec-filings. Hard copies of the report may be orde ...