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Targa Resources Corp (NYSE:TRGP)
Non-Recurring Items
$18 Mil (TTM As of Sep. 2014)

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 Sep. 2014 was $4 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Sep. 2014 was $18 Mil.

As of today, Targa Resources Corp's share price is $100.55. Targa Resources Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Sep. 2014 was $2.32. Therefore, Targa Resources Corp's P/E (NRI) ratio for today is 43.34.


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 Sep. 2014 was 4.7 (Dec. 2013 ) + 4.9 (Mar. 2014 ) + 4.1 (Jun. 2014 ) + 4.1 (Sep. 2014 ) = $18 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 $100.55.
Targa Resources Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Sep. 2014 was 0.49 (Dec. 2013 ) + 0.47 (Mar. 2014 ) + 0.63 (Jun. 2014 ) + 0.73 (Sep. 2014 ) = $2.32.

* 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

Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income 0000601513-1915

Targa Resources Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Non Operating Income -1-4-171275544
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