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TRGP Q1 2024 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena
TRGP
Targa Resources Corp.
$51B
Q1 2024 Earnings
Energy
Oil & Gas Midstream
Income Statement
Revenue
$4.6B
+6.2% YoY
Gross Profit
$1.0B
22.0% margin
Operating Income
$639M
14.0% margin
Net Income
$275M
6.0% margin
EPS (Diluted)
$1.22
QoQ Revenue Growth
+7.8%
Cash Flow
Operating Cash Flow
$876M
Free Cash Flow
$207M
Stock-Based Comp.
$15M
Balance Sheet
Total Assets
$20.8B
Total Liabilities
$16.3B
Stockholders' Equity
$2.7B
Cash & Equivalents
$110M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$4.6B
$4.3B
+6.2%
Gross Profit
$1.0B
$695M
+44.4%
Operating Income
$639M
$613M
+4.3%
Net Income
$275M
$6M
+4268.3%
Revenue Segments
Logistics And Transportation
$4.0B
69%
Gathering And Processing
$1.8B
31%
Geographic Segments
Logistics And Transportation
$4.0B
69%
Gathering And Processing
$1.8B
31%
← FY 2024
All Quarters
Q2 2024 →