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Targa Details Fourth Quarter, Full Year Financials 2014

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Targa Details Fourth Quarter, Full Year Financials 2014

 Targa Resources Partners LP and Targa Resources Corp. reported fourth quarter and full year 2014 results.

Targa Resources Partners 4Q and Full Year 2014 Financial Results

Fourth quarter 2014 net income attributable to Targa Resources Partners was $108.2 million compared to $108.6 million for the fourth quarter of 2013. Net income per diluted limited partner unit was $0.58 in the fourth quarter of 2014 compared to $0.70 for the fourth quarter of 2013. The Partnership reported earnings before interest, income taxes, depreciation and amortization and other non-cash items of $258.3 million for the fourth quarter of 2014 compared to $216.2 million for the fourth quarter of 2013.

For the full year 2014, net income attributable to Targa Resources Partners was $467.7 million compared to $233.5…

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