Targa Resources Corp. Targa Resources Corp. [TRGP] has reported $358.9 million quarterly profit, an increase of $26.3 million from the previous quarter, the company said in a filing to the SEC for the Q2 ended Jun 30, 2024.
Targa Resources reported the quarterly diluted earnings per share (EPS) rose by 9.02 percent to $1.3 from $1.2 in the previous quarter.
Dollars in millions | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|
Income Statement |
| Revenue | $3,562.0 | $4,562.4 | $16,060.3 | $3,896.6 |
| Operating Profit | $627.2 | $639.4 | $2,626.2 | $505.1 |
| Net Income | $358.9 | $332.6 | $1,579.3 | $279.0 |
| Net Cash | $24.7 | -$31.8 | -$77.3 | -$79.5 |
| Gross Margin | $3,562.0 | $4,562.4 | | |
| Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
| Profit as % of Revenues | 992.48 | 1371.74 | | |
| Profit as % of Assets | 2.89 | 2.62 | 7.85 | 1.40 |
| Profit as % of Stockholder Equity | 8.25 | 7.27 | 34.26 | 6.37 |
| Return on Equity | 8.25 | 7.27 | 34.26 | 6.37 |
| Return on Assets | 1.69 | 1.60 | 7.64 | 1.38 |
| Turnover Ratio | 28.70 | 35.91 | 0.80 | 0.20 |
| EBITA | $975.8 | $979.9 | $0.0 | $0.0 |
Balance Sheet |
| Total Assets | $21,264.2 | $20,846.1 | $20,671.8 | $20,189.6 |
| Total Liabilities | $16,915.2 | $16,268.5 | $16,061.8 | $15,811.8 |
Cash Flow Statement |
| Operating Cash Flow | $1,780.9 | $876.4 | $3,211.6 | $2,253.9 |
| Investing Cash Flow | -$1,427.7 | -$677.9 | -$2,400.8 | -$1,673.8 |
| Financing Cash Flow | -$328.5 | -$230.3 | -$888.1 | -$659.6 |
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