Targa Resources Corp. (TRGP) Stock
Targa Resources stock price chart
TRGP stock quote & key statistics
Targa Resources annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $17.14B | $1.84B | $9.65 |
| FY2024 | $16.63B | $1.27B | $6.54 |
| FY2023 | $15.62B | $828.2M | $3.60 |
| FY2022 | $21.68B | $1.14B | $3.14 |
| FY2021 | $17.44B | $71.2M | $1.96 |
Fiscal year ending December 31. Source: company filings via EODHD.
About Targa Resources Corp.
Targa Resources Corp., along with its subsidiary Targa Resources Partners LP, is a leading player in the midstream energy sector across North America. The company operates through two primary segments: Gathering and Processing, and Logistics and Transportation. Its operations encompass a comprehensive range of activities including the gathering, compressing, treating, processing, and transportation of natural gas. Targa Resources Corp. also plays a significant role in the market for natural gas liquids (NGL) and NGL products, providing storage, fractionation, terminaling, and logistics services crucial to liquefied petroleum gas exporters.
In addition to its natural gas and NGL operations, Targa Resources Corp. engages in the purchase, resale, and wholesale distribution of propane, alongside offering related logistics services to a diverse client base including multi-state retailers and independent end-users. The company is deeply involved in providing NGL balancing services and transportation solutions to refineries and petrochemical companies primarily in the Gulf Coast region. Furthermore, Targa Resources Corp. operates an extensive infrastructure network comprising approximately 28,400 miles of natural gas pipelines and 42 processing plants, reinforcing its pivotal role in the energy value chain.
Headquartered in Houston, Texas, Targa Resources Corp. was established in 2005 and has since grown to manage a portfolio that includes 34 storage wells with a gross capacity of about 76 million barrels. With a commitment to operational excellence and strategic growth initiatives, the company continues to strengthen its position as a key provider of midstream energy solutions in North America's dynamic energy landscape.
Targa Resources stock FAQ
What is the Targa Resources stock ticker symbol?
Targa Resources Corp. trades on the NYSE under the ticker symbol TRGP.
What sector and industry is Targa Resources in?
Targa Resources Corp. is classified in the Energy sector, Oil & Gas Midstream industry.
How many employees does Targa Resources have?
Targa Resources Corp. has about 3,570 full-time employees.
What were Targa Resources's revenue and earnings last fiscal year?
Targa Resources reported revenue of $17.14B and net income of $1.84B in fiscal 2025, with earnings per share of $9.65. Revenue grew 3.1% from the prior year.
Is Targa Resources in the S&P 500?
Yes. Targa Resources Corp. (TRGP) is a component of the S&P 500, the index of 500 leading U.S. companies widely used as a benchmark for the U.S. stock market.
Is Targa Resources in the Russell 1000?
Yes. Targa Resources Corp. (TRGP) is a component of the Russell 1000, which tracks roughly the 1,000 largest U.S. companies.
When did Targa Resources go public?
Targa Resources stock began trading on December 7, 2010.