TRGP Q2 2021 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q2 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$3.5B+142.3% YoY

Gross Profit

$420M11.9% margin

Operating Income

$357M10.1% margin

Net Income

$56M1.6% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-6.4%

Cash Flow

Operating Cash Flow

$624M

Free Cash Flow

$521M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$15.4B

Total Liabilities

$10.0B

Stockholders' Equity

$2.2B

Cash & Equivalents

$209M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.5B	$1.5B	+142.3%
Gross Profit	$420M	$207M	+103.4%
Operating Income	$357M	$145M	+146.6%
Net Income	$56M	$81M	-30.6%

Revenue Segments

Logistics And Transportation

$3.3B68%

Gathering And Processing

$1.5B32%

Geographic Segments

Logistics And Transportation

$3.3B68%

Gathering And Processing

$1.5B32%