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TRGP Q2 2024 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena
TRGP
Targa Resources Corp.
$51B
Q2 2024 Earnings
Energy
Oil & Gas Midstream
Income Statement
Revenue
$3.6B
+12.8% YoY
Gross Profit
$782M
21.6% margin
Operating Income
$684M
18.9% margin
Net Income
$296M
8.2% margin
EPS (Diluted)
$1.33
QoQ Revenue Growth
-20.7%
Cash Flow
Operating Cash Flow
$905M
Free Cash Flow
$164M
Stock-Based Comp.
$15M
Balance Sheet
Total Assets
$21.3B
Total Liabilities
$16.9B
Stockholders' Equity
$2.5B
Cash & Equivalents
$166M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.6B
$3.2B
+12.8%
Gross Profit
$782M
$535M
+46.1%
Operating Income
$684M
$454M
+50.5%
Net Income
$296M
$326M
-9.1%
Revenue Segments
Logistics And Transportation
$3.0B
66%
Gathering And Processing
$1.5B
34%
Geographic Segments
Logistics And Transportation
$3.0B
66%
Gathering And Processing
$1.5B
34%
← FY 2024
All Quarters
Q3 2024 →