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Targa Resources Corp (NYSE:TRGP)
Non-Recurring Items
$9 Mil (TTM As of Jun. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Targa Resources Corp's non-recurring items for the three months ended in Jun. 2016 was $-8 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jun. 2016 was $9 Mil.

As of today, Targa Resources Corp's share price is $49.64. Targa Resources Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2016 was $0.33. Therefore, Targa Resources Corp's P/E (NRI) ratio for today is 150.42.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Targa Resources Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Jun. 2016 was -0.1 (Sep. 2015 ) + -3.3 (Dec. 2015 ) + 19.8 (Mar. 2016 ) + -7.8 (Jun. 2016 ) = $9 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Targa Resources Corp's P/E (NRI) Ratio for today is calculated as

Targa Resources Corp's Share Price of today is $49.64.
Targa Resources Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jun. 2016 was 0.23 (Sep. 2015 ) + 0.49 (Dec. 2015 ) + -0.06 (Mar. 2016 ) + -0.33 (Jun. 2016 ) = $0.33.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Targa Resources Corp Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Non Operating Income 00601513-1915-2-39

Targa Resources Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Non Operating Income 544-16-33-6-0-320-8
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