Pretax income is the income that a company earns before paying income taxes. Targa Resources's pretax income for the
three
months ended in Dec. 2023 was $460 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,942 Mil.
Targa Resources's pretax margin was 10.85%.
During the past 13 years, Targa Resources's highest Pretax Margin was 12.10%. The lowest was -19.04%. And the median was 0.05%.
Targa Resources Pre-Tax Income Historical Data
The historical data trend for Targa Resources's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Targa Resources's Pre-Tax Income
For the Oil & Gas Midstream subindustry, Targa Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Targa Resources's Pre-Tax Income Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Targa Resources's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Targa Resources's Pre-Tax Income falls into.
Targa Resources Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Targa Resources's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,942 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Targa Resources (NYSE:TRGP) Pre-Tax Income Explanation
Targa Resources's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, Targa Resources's highest Pretax Margin was 12.10%. The lowest was -19.04%. And the median was 0.05%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Targa Resources Pre-Tax Income Related Terms
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Targa Resources (Targa Resources) Business Description
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has 843,000 barrels a day of gross fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline recently entered full service.
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