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Targa Resources Corp.$42.04$.14.33%

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Income Statement for Targa Resources Corp.
(Amounts are in millions) 12/2016 12/2015 12/2014
Press Release Press Release
Net Sales or Revenues $6,690.90 $6,658.60 $8,616.50
Cost of Goods Sold $5,476.60 $5,377.60 $7,480.00
Gross Profit $1,214.30 $1,281.00 $1,136.50
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $400.80 $444.60 $145.00
Income Before Depreciation $813.50 $836.40 $991.50
       
Depreciation, Depletion, Amortization $757.70 $677.10 $351.00
Non-Operating Income ($61.30) ($39.20) ($2.40)
Interest Expense $254.20 $231.90 $147.10
Pretax Income ($259.70) ($111.80) $491.00
       
Provision for Income Taxes ($100.60) $39.60 $68.00
Minority Interest $28.20 ($209.70) $320.70
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($159.10) ($151.40) $423.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income ($187.30) $58.30 $102.30
       
Basic Earnings Per Share ($1.80) $1.09 $2.44
Diluted Earnings Per Share ($1.80) $1.09 $2.43
       
Weighted Average Basic Shares Outstanding 154.40 53.50 42.00
Weighted Average Diluted Shares Outstanding 154.40 53.50 42.10
       
Income Before Non-Recurring Items $19.70 $58.30 $102.30
Income From Non-Recurring Items ($207.00) $0.00 $0.00
Diluted Earnings Per Share before extras ($0.46) $1.09 $2.43
       
Dividend (preferred) $90.62 N/A N/A
Dividend (common) $701.56 $189.91 $112.88
Dividend Per Share (common) $3.64 $3.39 $2.68




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