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Targa Resources Corp.$51.60($.08)(.15%)

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Income Statement for Targa Resources Corp.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release
Net Sales or Revenues $8,814.90 $6,690.90 $6,658.60
Cost of Goods Sold $7,529.00 $5,476.60 $5,377.60
Gross Profit $1,285.90 $1,214.30 $1,281.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $598.80 $400.80 $444.60
Income Before Depreciation $687.10 $813.50 $836.40
       
Depreciation, Depletion, Amortization $809.50 $757.70 $677.10
Non-Operating Income $63.20 ($61.30) ($39.20)
Interest Expense $233.70 $254.20 $231.90
Pretax Income ($292.90) ($259.70) ($111.80)
       
Provision for Income Taxes ($397.10) ($100.60) $39.60
Minority Interest $50.20 $28.20 ($209.70)
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $104.20 ($159.10) ($151.40)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $54.00 ($187.30) $58.30
       
Basic Earnings Per Share ($0.31) ($1.80) $1.09
Diluted Earnings Per Share ($0.31) ($1.80) $1.09
       
Weighted Average Basic Shares Outstanding 206.90 154.40 53.50
Weighted Average Diluted Shares Outstanding 206.90 154.40 53.50
       
Income Before Non-Recurring Items $30.20 $19.70 $58.30
Income From Non-Recurring Items $23.80 ($207.00) $0.00
Diluted Earnings Per Share before extras ($0.43) ($0.46) $1.09
       
Dividend (preferred) $118.14 $90.62 N/A
Dividend (common) $784.90 $701.56 $189.91
Dividend Per Share (common) $3.64 $3.64 $3.39




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