TRGP Q2 2019 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q2 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.0B-20.4% YoY

Gross Profit

$144M7.4% margin

Operating Income

$71M3.7% margin

Net Income

-$10M-0.5% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-14.6%

Cash Flow

Operating Cash Flow

$245M

Free Cash Flow

-$563M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$18.3B

Total Liabilities

$9.4B

Stockholders' Equity

$5.5B

Cash & Equivalents

$227M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.5B	-20.4%
Gross Profit	$144M	$176M	-18.1%
Operating Income	$71M	$119M	-39.9%
Net Income	-$10M	$109M	-109.3%

Revenue Segments

Gathering And Processing

$178M100%