Targa Resources Corp. (TRGP)
About Targa Resources Corp.
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
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American Credentials
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Financial summary
- Revenue FY2025
- $17.0B
- Net income
- $1.9B
- Total assets
- $25.2B
- Market cap
- $56.7B
- Gross margin
- 38.3%
- Operating margin
- 19.6%
- Net margin
- 11.5%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $17.0B
- Cost of revenue
- $10.5B
- Gross profit
- $6.5B
- Operating expenses
- $3.2B
- Operating income
- $3.3B
- Income tax
- $529.7M
- Net income
- $2.0B
- EPS (basic)
- $8.52
- EPS (diluted)
- $8.49
Balance sheet
- Total assets
- $25.2B
- Current assets
- $2.4B
- Total liabilities
- $22.0B
- Current liabilities
- $3.5B
- Shareholders’ equity
- $3.2B
Cash flow
- Operating cash flow
- $3.9B
- Investing cash flow
- -$3.6B
- Financing cash flow
- -$266.6M
- Net cash flow
- $8.8M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $56.7B
- P/E ratio
- 33.1
- EPS (diluted)
- $8.49
- Dividend yield
- 1.78%
- Shares outstanding
- 201.5M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Dec 7, 2010
Targa Resources Corp. (TRGP) Stock Price
- Profitable — net income of $1.9B in FY2025.
- Revenue grew 0% from FY2021 to FY2025.
- Gross margin of 38.3%, net margin 11.5%.
- Trading near its 52-week high.
- Pays a dividend yielding about 1.78% annually.
- Valued at a price-to-earnings (P/E) ratio of 33.1.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Targa Resources Corp.
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Targa Resources Corp.: frequently asked questions
Is Targa Resources Corp. an American company?
Yes — Targa Resources Corp. is an American company headquartered in Houston, Texas. Its American-origin credentials have been independently reviewed and verified by americancompanies.com.
Where is Targa Resources Corp. headquartered?
Targa Resources Corp. is headquartered in Houston, Texas, United States.
Is Targa Resources Corp. publicly traded?
Yes — Targa Resources Corp. is a publicly traded company. Its stock trades under the ticker symbol TRGP on the NYSE.
What does Targa Resources Corp. do?
Targa Resources Corp. is an American Utilities company in the Energy & Utilities sector.
