TRGP Q3 2022 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q3 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$5.4B+18.0% YoY

Gross Profit

$767M14.3% margin

Operating Income

$430M8.0% margin

Net Income

$193M3.6% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

-14.0%

Cash Flow

Operating Cash Flow

$460M

Free Cash Flow

$64M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$19.4B

Total Liabilities

$14.7B

Stockholders' Equity

$2.4B

Cash & Equivalents

$193M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$4.5B	+18.0%
Gross Profit	$767M	$517M	+48.4%
Operating Income	$430M	$451M	-4.6%
Net Income	$193M	$182M	+6.0%

Revenue Segments

Logistics And Transportation

$5.1B60%

Gathering And Processing

$3.3B40%

Geographic Segments

Logistics And Transportation

$5.1B60%

Gathering And Processing

$3.3B40%