Targa swings to 3Q net loss on lower NGL exports, softer commodities prices

Targa swings to 3Q net loss on lower NGL exports, softer commodities prices
Targa on Wednesday reported a third-quarter net loss of $10.7 million, compared to a profit of $12.7 million in the year-ago period, primarily due to lower NGL exports and weaker oil and natural gas prices. (See story.)
Source: PetroChem Wire
Targa swings to 3Q net loss on lower NGL exports, softer commodities prices
Targa on Wednesday reported a third-quarter net loss of $10.7 million, compared to a profit of $12.7 million in the year-ago period, primarily due to lower NGL exports and weaker oil and natural gas prices. (See story.)