TRGP Q2 2020 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q2 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$1.5B-25.5% YoY

Gross Profit

$207M14.2% margin

Operating Income

$145M10.0% margin

Net Income

$81M5.6% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-23.0%

Cash Flow

Operating Cash Flow

$286M

Free Cash Flow

$12M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$16.0B

Total Liabilities

$9.7B

Stockholders' Equity

$2.9B

Cash & Equivalents

$196M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$2.0B	-25.5%
Gross Profit	$207M	$144M	+43.4%
Operating Income	$145M	$71M	+103.1%
Net Income	$81M	-$10M	+894.1%

Revenue Segments

Gathering And Processing

$107M100%