TRGP Q3 2021 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q3 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.5B+126.5% YoY

Gross Profit

$517M11.4% margin

Operating Income

$451M9.9% margin

Net Income

$182M4.0% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+28.9%

Cash Flow

Operating Cash Flow

$495M

Free Cash Flow

$373M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$16.0B

Total Liabilities

$10.6B

Stockholders' Equity

$2.2B

Cash & Equivalents

$229M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$2.0B	+126.5%
Gross Profit	$517M	$317M	+62.9%
Operating Income	$451M	$258M	+74.8%
Net Income	$182M	$69M	+162.9%

Revenue Segments

Logistics And Transportation

$4.2B66%

Gathering And Processing

$2.1B34%

Geographic Segments

Logistics And Transportation

$4.2B66%

Gathering And Processing

$2.1B34%