TRGP Q3 2020 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q3 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.0B+2.1% YoY

Gross Profit

$317M15.8% margin

Operating Income

$258M12.9% margin

Net Income

$69M3.5% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+37.8%

Cash Flow

Operating Cash Flow

$357M

Free Cash Flow

$170M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$16.1B

Total Liabilities

$9.8B

Stockholders' Equity

$2.8B

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.0B	+2.1%
Gross Profit	$317M	$192M	+65.4%
Operating Income	$258M	$122M	+111.7%
Net Income	$69M	-$47M	+246.5%

Revenue Segments

Gathering And Processing

$124M100%