Targa Resources Reports Q4 Distributable Cash Flow Of $709.7M Up 8% YoY
Portfolio Pulse from Benzinga Newsdesk
Targa Resources announced its Q4 distributable cash flow of $709.7 million, marking an 8% increase year-over-year.
February 15, 2024 | 11:05 am
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Targa Resources reported an 8% year-over-year increase in Q4 distributable cash flow to $709.7 million.
The reported 8% year-over-year increase in distributable cash flow for Q4 is a strong indicator of Targa Resources' financial health and operational efficiency. This positive performance is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
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