Targa Resources reported second-quarter core profit above Wall Street estimates, supported by record Permian natural gas volumes and stronger demand for its transportation and export services. The earnings upside was driven by higher throughput and utilization of its midstream infrastructure tied to export activity.
Targa Resources reported second-quarter core profit above Wall Street estimates, supported by record Permian natural gas volumes and stronger demand for its transportation and export services. The earnings upside was driven by higher throughput and utilization of its midstream infrastructure tied to export activity.
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mildly positive
Sentiment Score
0.35
Ticker Sentiment
