Monday, February 19, 2018

Houston,TX-Based Oil & Gas Co Targa Resources Generated 4Q 2017 Net Income of $299 Mil, an Earnings Improvement of $440 Mil From the 4Q 2016 Net Loss of 141 Mil ....................................................................................... Targa Resources Received a 4Q 2017 US Federal Income Tax Benefit of $270 Mil From the Puzzling, Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the Oil & Gas Co-Favored US Trump Tax Cuts Act ....................................................................................... This $270 Mil Income Tax Benefit Comprised 90% of Targa Resource's 4Q 2017 Total Net Income of $299 Mil