Targa said its full-year 2023 adjusted EBITDA rose 22% from 2022 to $3,530.0 million, and that net income attributable to Targa Resources Corp. was $2,901.1 million $1,345.9 million.

1. 01

   Targa said its full-year 2023 adjusted EBITDA rose 22% from 2022 to $3,530.0 million, and that net income attributable to Targa Resources Corp. was $2,901.1 million $1,345.9 million.

2. 02

   Targa Resources said adjusted EBITDA for Q4 2023 rose 14% from Q3 to $959.9 million, while net income attributable to Targa Resources Corp. of $299.6 million was lower than the $318.0 million reported for Q4 2022.

3. 03

   The company said that as of December 31, 2023, total consolidated debt was $12,953.9 million and total liquidity was about $2.7 billion, and that its net cost of common share repurchases for 2023 was $373.7 million.

4. 04

   Targa Resources said it expects full-year 2024 adjusted EBITDA of $3.7 billion to $3.9 billion, net growth capital expenditures of $2.3 billion to $2.5 billion, and that the annual common dividend will remain at $3.00 per share.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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