TRGP Q3 2019 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q3 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.0B-34.8% YoY

Gross Profit

$192M9.8% margin

Operating Income

$122M6.2% margin

Net Income

-$47M-2.4% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$367M

Free Cash Flow

-$316M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$18.9B

Total Liabilities

$10.1B

Stockholders' Equity

$5.3B

Cash & Equivalents

$326M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$3.0B	-34.8%
Gross Profit	$192M	$227M	-15.4%
Operating Income	$122M	$163M	-25.2%
Net Income	-$47M	-$24M	-99.6%

Revenue Segments

Gathering And Processing

$172M100%