# TARGA RESOURCES CORP. (TRGP) FY2024 Q3 P&L / Income Statement

- Company: TARGA RESOURCES CORP. (TRGP)
- Period: 2024-07-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-11-05, accession number 0000950170-24-121370
- Page: https://plicit.ai/financials/trgp/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/trgp-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-07-01 through 2024-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 3,851,800,000 US dollars
- **Operating costs, net of other operating items (calculated)**: 3,123,600,000 US dollars
- **Income (loss) from operations**: 728,200,000 US dollars
- **Other income (expense), net (calculated)**: negative 183,100,000 US dollars
- **Income (loss) before income taxes**: 545,100,000 US dollars
- **Income tax (expense) benefit**: 97,000,000 US dollars
- **Net income (loss)**: 448,100,000 US dollars
- **Sales of Commodities**: 3,217,000,000 US dollars
- **Fees from Midstream Services**: 634,800,000 US dollars
- **Operating expenses**: 301,000,000 US dollars
- **Product purchases and fuel**: 2,365,000,000 US dollars
- **Depreciation and amortization expense**: 355,400,000 US dollars
- **General and administrative expense**: 102,600,000 US dollars
- **Other operating (income) expense**: negative 400,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to TARGA RESOURCES CORP.: $387.40 M; to noncontrolling interests: $60.70 M.

## Chart details: Revenue by Business Segment (3 categories)

- Page: https://plicit.ai/financials/trgp/fy2024-q3-income-statement/revenue-by-business-segment-3-categories
- Chart image: https://plicit.ai/charts/trgp-fy2024-q3-revenue-by-business-segment-3-categories-sankey.png

Income statement for 2024-07-01 through 2024-09-30. View: Business segment (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 3,851,800,000 US dollars
- **Operating costs, net of other operating items (calculated)**: 3,123,600,000 US dollars
- **Income (loss) from operations**: 728,200,000 US dollars
- **Other income (expense), net (calculated)**: negative 183,100,000 US dollars
- **Income (loss) before income taxes**: 545,100,000 US dollars
- **Income tax (expense) benefit**: 97,000,000 US dollars
- **Net income (loss)**: 448,100,000 US dollars
- **Gathering and Processing**: 679,700,000 US dollars
- **Logistics and Transportation**: 3,189,800,000 US dollars
- **Operating expenses**: 301,000,000 US dollars
- **Product purchases and fuel**: 2,365,000,000 US dollars
- **Depreciation and amortization expense**: 355,400,000 US dollars
- **General and administrative expense**: 102,600,000 US dollars
- **Other operating (income) expense**: negative 400,000 US dollars
- **Revenue before reconciliation (calculated)**: 3,869,500,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other**: negative 17,700,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to TARGA RESOURCES CORP.: $387.40 M; to noncontrolling interests: $60.70 M.

## Chart details: Revenue by Business Segment (4 categories)

- Page: https://plicit.ai/financials/trgp/fy2024-q3-income-statement/revenue-by-business-segment-4-categories
- Chart image: https://plicit.ai/charts/trgp-fy2024-q3-revenue-by-business-segment-4-categories-sankey.png

Income statement for 2024-07-01 through 2024-09-30. View: Business segment (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 3,851,800,000 US dollars
- **Operating costs, net of other operating items (calculated)**: 3,123,600,000 US dollars
- **Income (loss) from operations**: 728,200,000 US dollars
- **Other income (expense), net (calculated)**: negative 183,100,000 US dollars
- **Income (loss) before income taxes**: 545,100,000 US dollars
- **Income tax (expense) benefit**: 97,000,000 US dollars
- **Net income (loss)**: 448,100,000 US dollars
- **Gathering and Processing**: 1,566,700,000 US dollars
- **Logistics and Transportation**: 3,224,400,000 US dollars
- **Operating expenses**: 301,000,000 US dollars
- **Product purchases and fuel**: 2,365,000,000 US dollars
- **Depreciation and amortization expense**: 355,400,000 US dollars
- **General and administrative expense**: 102,600,000 US dollars
- **Other operating (income) expense**: negative 400,000 US dollars
- **Revenue before reconciliation (calculated)**: 4,791,100,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other**: negative 17,700,000 US dollars. Reported reconciliation to consolidated revenue.
- **Corporate and Eliminations**: negative 921,600,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to TARGA RESOURCES CORP.: $387.40 M; to noncontrolling interests: $60.70 M.