TRGP Q4 2021 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q4 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$5.4B+86.2% YoY

Gross Profit

$652M12.0% margin

Operating Income

-$92M-1.7% margin

Net Income

-$314M-5.8% margin

EPS (Diluted)

$-1.47

QoQ Revenue Growth

+19.8%

Cash Flow

Operating Cash Flow

$504M

Free Cash Flow

$321M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$10.0B

Stockholders' Equity

$2.0B

Cash & Equivalents

$159M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$2.9B	+86.2%
Gross Profit	$652M	$732M	-10.8%
Operating Income	-$92M	$657M	-113.9%
Net Income	-$314M	$34M	-1033.3%

Revenue Segments

Logistics And Transportation

$5.2B67%

Gathering And Processing

$2.5B33%

Geographic Segments

Logistics And Transportation

$5.2B67%

Gathering And Processing

$2.5B33%