TRGP Q4 2023 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q4 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.2B-7.1% YoY

Gross Profit

$722M17.1% margin

Operating Income

$627M14.8% margin

Net Income

$278M6.6% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

+9.0%

Cash Flow

Operating Cash Flow

$958M

Free Cash Flow

$238M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$20.7B

Total Liabilities

$16.1B

Stockholders' Equity

$2.7B

Cash & Equivalents

$142M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$4.6B	-7.1%
Gross Profit	$722M	$901M	-19.8%
Operating Income	$627M	$551M	+13.7%
Net Income	$278M	$318M	-12.7%

Revenue Segments

Logistics And Transportation

$3.7B66%

Gathering And Processing

$1.8B34%

Geographic Segments

Logistics And Transportation

$3.7B66%

Gathering And Processing

$1.8B34%