Targa Resources Corp.
TRGP
Rank in Stocks
#386
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is... Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.
Share Price
$292.55
Last synced: 2026-10-19
Market Cap
$62.73B
Change (1 day)
-0.76%
Change (1 year)
93.82%
Country
US
Trade Targa Resources Corp. (TRGP)
Category
Energy
Revenue for Targa Resources Corp. (TRGP)
Revenue in Jun 2026 TTM: $16.79B
According to Targa Resources Corp. latest financial reports the company's current revenue (TTM) is $16.79B. In 2023 the company made a revenue of $15.62B a decrease compared to the revenue in the year 2022 that was $21.68B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for Targa Resources Corp. from 2008 to 2026
Revenue at the end of each year
| Year | Revenue | Change |
|---|---|---|
| 2026 (TTM) | $16.79B | 0.99% |
| 2024 | $16.63B | 6.45% |
| 2023 | $15.62B | -27.97% |
| 2022 | $21.68B | 24.33% |
| 2021 | $17.44B | 110.82% |
| 2020 | $8.27B | -4.60% |
| 2019 | $8.67B | -17.85% |
| 2018 | $10.55B | 19.07% |
| 2017 | $8.86B | 33.40% |
| 2016 | $6.65B | 1.02% |
| 2015 | $6.58B | -23.74% |
| 2014 | $8.63B | 32.00% |
| 2013 | $6.54B | 11.92% |
| 2012 | $5.84B | -16.52% |
| 2011 | $6.99B | 28.09% |
| 2010 | $5.46B | 20.39% |
| 2009 | $4.54B | -43.29% |
| 2008 | $8.00B | 0.00% |
Revenue for similar companies or competitors
| Company | Revenue | Revenue Difference | Country |
|---|---|---|---|
| - | - |
CA
|
|
| $12.20B | -27.32% |
US
|
|
| $58.47B | 248.21% |
US
|
|
| $17.96B | 6.95% |
US
|
|
| - | - |
US
|
