TRGP Q4 2022 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q4 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.6B-16.3% YoY

Gross Profit

$901M19.8% margin

Operating Income

$551M12.1% margin

Net Income

$318M7.0% margin

EPS (Diluted)

$1.41

QoQ Revenue Growth

-15.0%

Cash Flow

Operating Cash Flow

$538M

Free Cash Flow

$19M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$19.6B

Total Liabilities

$14.6B

Stockholders' Equity

$2.7B

Cash & Equivalents

$219M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$5.4B	-16.3%
Gross Profit	$901M	$652M	+38.1%
Operating Income	$551M	-$92M	+702.0%
Net Income	$318M	-$314M	+201.4%

Revenue Segments

Logistics And Transportation

$4.0B63%

Gathering And Processing

$2.4B37%

Geographic Segments

Logistics And Transportation

$4.0B63%

Gathering And Processing

$2.4B37%