Targa Resources Gross Profit 2010-2023 | TRGP
Targa Resources annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Targa Resources gross profit for the quarter ending December 31, 2023 was $1.341B, a 8.99% increase year-over-year.
- Targa Resources gross profit for the twelve months ending December 31, 2023 was $5.384B, a 33.01% increase year-over-year.
- Targa Resources annual gross profit for 2023 was $5.384B, a 33.01% increase from 2022.
- Targa Resources annual gross profit for 2022 was $4.048B, a 25.69% increase from 2021.
- Targa Resources annual gross profit for 2021 was $3.22B, a 4.77% increase from 2020.
Targa Resources Annual Gross Profit
(Millions of US $) |
| 2023 |
$5,384 |
| 2022 |
$4,048 |
| 2021 |
$3,220 |
| 2020 |
$3,074 |
| 2019 |
$2,463 |
| 2018 |
$2,246 |
| 2017 |
$1,909 |
| 2016 |
$1,768 |
| 2015 |
$1,821 |
| 2014 |
$1,624 |
| 2013 |
$1,178 |
| 2012 |
$1,007 |
| 2011 |
$956 |
| 2010 |
$781 |
| 2009 |
$745 |
Targa Resources Quarterly Gross Profit
(Millions of US $) |
| 2023-12-31 |
$1,341 |
| 2023-09-30 |
$1,207 |
| 2023-06-30 |
$1,335 |
| 2023-03-31 |
$1,502 |
| 2022-12-31 |
$1,230 |
| 2022-09-30 |
$1,054 |
| 2022-06-30 |
$1,009 |
| 2022-03-31 |
$755 |
| 2021-12-31 |
$872 |
| 2021-09-30 |
$845 |
| 2021-06-30 |
$707 |
| 2021-03-31 |
$796 |
| 2020-12-31 |
$791 |
| 2020-09-30 |
$792 |
| 2020-06-30 |
$643 |
| 2020-03-31 |
$847 |
| 2019-12-31 |
$682 |
| 2019-09-30 |
$574 |
| 2019-06-30 |
$634 |
| 2019-03-31 |
$573 |
| 2018-12-31 |
$589 |
| 2018-09-30 |
$603 |
| 2018-06-30 |
$539 |
| 2018-03-31 |
$515 |
| 2017-12-31 |
$535 |
| 2017-09-30 |
$469 |
| 2017-06-30 |
$447 |
| 2017-03-31 |
$458 |
| 2016-12-31 |
$469 |
| 2016-09-30 |
$430 |
| 2016-06-30 |
$438 |
| 2016-03-31 |
$431 |
| 2015-12-31 |
$460 |
| 2015-09-30 |
$469 |
| 2015-06-30 |
$471 |
| 2015-03-31 |
$421 |
| 2014-12-31 |
$452 |
| 2014-09-30 |
$408 |
| 2014-06-30 |
$384 |
| 2014-03-31 |
$380 |
| 2013-12-31 |
$355 |
| 2013-09-30 |
$297 |
| 2013-06-30 |
$265 |
| 2013-03-31 |
$260 |
| 2012-12-31 |
$260 |
| 2012-09-30 |
$241 |
| 2012-06-30 |
$245 |
| 2012-03-31 |
$262 |
| 2011-12-31 |
$260 |
| 2011-09-30 |
$228 |
| 2011-06-30 |
$251 |
| 2011-03-31 |
$217 |
| 2010-12-31 |
$152 |
| 2010-09-30 |
$186 |
| 2010-06-30 |
$182 |
| 2010-03-31 |
$186 |
| 2009-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil Refining & Marketing MLP |
$25.816B |
$16.060B |
|
Targa Resources Corp. is a energy infrastructure company and provider of integrated midstream services in North America. The company primarily derives its revenues from gathering, compressing, treating, processing and selling natural gas. Targa Resources also provides services associated with natural gas liquids, including those to liquefied petroleum gas exporters and crude oil. The company has formidable position in the world's largest NGL hub - Mont Belvieu, TX. Further, the company owns state-of-the-art LPG export facilities on the Gulf Coast at its Galena Park Marine Terminal, which is interconnected to Mont Belvieu. The company also has a significant presence in the Permian basin - the region at the forefront of American energy growth. Targa Resources Grand Prix NGL pipeline out of the Permian helps it to bring gathering and processing volumes to Mont Belvieu fractionation and export facilities. Targa Resources has two main business segments in Gathering and Processing and Logistics and Transportation.
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