TRGP Q2 2022 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q2 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$6.2B+76.8% YoY

Gross Profit

$700M11.2% margin

Operating Income

$629M10.1% margin

Net Income

$596M9.6% margin

EPS (Diluted)

$1.61

QoQ Revenue Growth

+25.7%

Cash Flow

Operating Cash Flow

$636M

Free Cash Flow

$420M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$15.3B

Total Liabilities

$10.9B

Stockholders' Equity

$2.1B

Cash & Equivalents

$154M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.2B	$3.5B	+76.8%
Gross Profit	$700M	$420M	+66.4%
Operating Income	$629M	$357M	+76.2%
Net Income	$596M	$56M	+961.2%

Revenue Segments

Logistics And Transportation

$5.7B64%

Gathering And Processing

$3.2B36%

Geographic Segments

Logistics And Transportation

$5.7B64%

Gathering And Processing

$3.2B36%