TRGP Q1 2022 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q1 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$5.0B+31.6% YoY

Gross Profit

$546M11.0% margin

Operating Income

$296M6.0% margin

Net Income

$88M1.8% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-8.9%

Cash Flow

Operating Cash Flow

$748M

Free Cash Flow

$544M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$15.3B

Total Liabilities

$11.3B

Stockholders' Equity

$1.7B

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$3.8B	+31.6%
Gross Profit	$546M	$544M	+0.4%
Operating Income	$296M	$482M	-38.7%
Net Income	$88M	$146M	-39.9%

Revenue Segments

Logistics And Transportation

$4.9B67%

Gathering And Processing

$2.4B33%

Geographic Segments

Logistics And Transportation

$4.9B67%

Gathering And Processing

$2.4B33%