TRGP Q3 2024 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q3 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$3.9B+0.1% YoY

Gross Profit

$865M22.2% margin

Operating Income

$764M19.7% margin

Net Income

$385M9.9% margin

EPS (Diluted)

$1.75

QoQ Revenue Growth

+7.4%

Cash Flow

Operating Cash Flow

$541M

Free Cash Flow

-$288M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$21.9B

Total Liabilities

$17.4B

Stockholders' Equity

$2.6B

Cash & Equivalents

$127M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$3.9B	+0.1%
Gross Profit	$865M	$582M	+48.4%
Operating Income	$764M	$492M	+55.2%
Net Income	$385M	$218M	+76.5%

Revenue Segments

Logistics And Transportation

$3.2B67%

Gathering And Processing

$1.6B33%

Geographic Segments

Logistics And Transportation

$3.2B67%

Gathering And Processing

$1.6B33%