TRGP
Targa Resources Corp.Company Information
- Company Name
- Targa Resources Corp.
- CIK
- CIK0001389170
- Category
- Large accelerated filer
- Ticker: Exchange
- TRGP: NYSE
- Fiscal Year End
- December 31
- Owner Organization
- 01 Energy & Transportation
- SIC
- 4922
- SIC Description
- Natural Gas Transmission
- Ticker
- TRGP
SEC filing data through
Insider Sentiment
- Last purchase
- —
- Last sale
- 2026-09-01
- Shares purchased (TTM)
- 0
- Shares sold (TTM)
- 148,755
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 198,552,724
- Shares outstanding
- 214,600,000
- Ownership
- 92.52%
Earnings Market Reaction
- Filing date
- 2026-08-06
- Price on filing date
- —
- 1-month reaction
- 7.30%
- 3-month reaction
- Pending
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 132 | 100 | 166 | 124 | 113 | 151 | 157 | 127 | 166 | 110 | 142 | 140 | ||||||
| Accounts Receivable Net Current | 1,952 | 1,692 | 1,475 | 1,408 | 1,409 | 1,403 | 1,618 | 1,301 | 1,217 | 1,484 | 1,471 | 1,241 | ||||||
| Inventory Net | 312 | 334 | 429 | 491 | 444 | 256 | 334 | 415 | 321 | 225 | 372 | 536 | ||||||
| Other Assets Current | 158 | 211 | 138 | 157 | 164 | 191 | 125 | 110 | 100 | 82 | 99 | 138 | ||||||
| Assets Current | 2,629 | 2,438 | 2,363 | 2,280 | 2,207 | 2,076 | 2,296 | 2,028 | 1,867 | 1,973 | 2,195 | 2,139 | ||||||
| Property Plant And Equipment Net | 23,063 | 21,771 | 20,535 | 19,610 | 19,020 | 18,406 | 18,063 | 17,425 | 16,891 | 16,283 | 15,806 | 15,334 | ||||||
| Finite Lived Intangible Assets Net | 2,105 | 2,201 | 1,651 | 1,733 | 1,814 | 1,896 | 1,977 | 2,071 | 2,164 | 2,257 | 2,351 | 2,447 | ||||||
| Equity Method Investments | 318 | 315 | 307 | 316 | 269 | 218 | 193 | 177 | 160 | 152 | 146 | 138 | ||||||
| Other Assets Noncurrent | 339 | 344 | 327 | 203 | 176 | 170 | 179 | 167 | 166 | 164 | 141 | 114 | ||||||
| Assets | 28,515 | 27,107 | 25,218 | 24,175 | 23,513 | 22,800 | 22,734 | 21,904 | 21,264 | 20,846 | 20,672 | 20,190 | ||||||
Liabilities Current | ||||||||||||||||||
| Accounts Payable Current | 2,108 | 1,988 | 1,873 | 1,584 | 1,727 | 1,890 | 2,013 | 1,468 | 1,687 | 1,710 | 1,575 | 1,581 | ||||||
| Accrued Liabilities Current | 288 | 193 | 359 | 281 | 214 | 164 | 336 | 321 | 243 | 296 | 282 | 292 | ||||||
| Interest Payable Current | 343 | 150 | 311 | 152 | 313 | 122 | 269 | 113 | 248 | 186 | 230 | 101 | ||||||
| Liabilities Current | 3,411 | 3,396 | 3,547 | 2,947 | 3,177 | 3,198 | 3,173 | 2,627 | 2,891 | 2,815 | 2,761 | 2,682 | ||||||
| Long Term Debt And Capital Lease Obligations | 19,020 | 18,435 | 16,662 | 16,742 | 16,082 | 15,548 | 13,787 | 13,601 | 12,966 | 12,510 | 12,333 | 12,318 | ||||||
| Deferred Income Tax Liabilities Net | 1,732 | 1,479 | 1,394 | 1,226 | 1,079 | 902 | 872 | 794 | 685 | 600 | 536 | 418 | ||||||
| Other Liabilities Noncurrent | 407 | 416 | 395 | 392 | 390 | 385 | 392 | 340 | 309 | 304 | 415 | 358 | ||||||
| Commitments And Contingencies | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Stockholders Equity | ||||||||||||||||||
| Common Stock Value Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Value | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Additional Paid In Capital | 3,129 | 3,111 | 3,088 | 3,071 | 3,053 | 3,036 | 3,089 | 3,106 | 3,089 | 3,073 | 3,059 | 3,062 | ||||||
| Retained Earnings Accumulated Deficit | 3,051 | 2,557 | 2,294 | 1,966 | 1,705 | 1,295 | 1,190 | 1,005 | 784 | 654 | 492 | 306 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | 75 | -15 | 114 | 57 | 43 | 6 | 28 | 65 | 11 | 34 | 86 | -5 | ||||||
| Treasury Stock Value | -2,598 | -2,517 | -2,429 | -2,388 | -2,214 | -1,886 | -1,714 | -1,602 | -1,417 | -1,058 | -897 | -856 | ||||||
| Stockholders Equity | 3,657 | 3,269 | 3,068 | 2,834 | 2,588 | 2,573 | 2,592 | 4,459 | 2,468 | 4,578 | 2,740 | 4,378 | ||||||
| Minority Interest | 139 | 133 | 130 | 127 | 123 | 121 | 1,826 | 1,885 | 1,882 | 1,874 | 1,870 | 1,872 | ||||||
| Liabilities And Stockholders Equity | 28,515 | 27,107 | 25,218 | 24,175 | 23,513 | 22,800 | 22,734 | 21,904 | 21,264 | 20,846 | 20,672 | 20,190 | ||||||
| Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Common Stock Shares Authorized | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | ||||||
| Common Stock Shares Issued | 243 | 243 | 243 | 243 | 242 | 242 | 242 | 242 | 241 | 241 | 240 | 240 | ||||||
| Shares Outstanding | 214 | 215 | 215 | 215 | 216 | 217 | 218 | 218 | 219 | 222 | 223 | 223 | ||||||
| Treasury Stock Common Shares | 29 | 29 | 28 | 28 | 27 | 25 | 24 | 23 | 22 | 19 | 17 | 17 | ||||||
| Preferred Stock Par Or Stated Value Per Share | - | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | ||||||
| Preferred Stock Shares Authorized | - | - | - | - | - | - | - | - | - | - | 99 | 99 | ||||||
| Preferred Stock Shares Issued | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Preferred Stock Shares Outstanding | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialTarga Resources Corp. (TRGP) — SEC Financial Statements & Analysis
Targa Resources Corp. (TRGP) is a natural gas transmission company. Targa Resources Corp. trades on NYSE as: TRGP. Targa Resources Corp. (TRGP)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, Targa Resources Corp. carries a market cap of $57.27B, a P/E ratio of 24.15x, a P/B ratio of 15.66x, a P/S ratio of 3.42x, an enterprise value of $76.16B, and an EV/EBITDA multiple of 13.88x. On profitability, it posts a gross margin of 43.19%, an operating margin of 22.91%, a net margin of 14.17%, a Return on Equity (ROE) of 75.96%, a Return on Assets (ROA) of 9.12%, and a Return on Invested Capital (ROIC) of 14.60%. Per share, it reports EPS of $11.05, diluted EPS of $11.02, free cash flow per share of $3.45, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of -1.97% year-over-year, net income growth of 54.57% year-over-year, and EPS growth of 56.01% year-over-year. On the balance sheet, it maintains a current ratio of 0.77x, a quick ratio of 0.68x, working capital of $-782.00M, a debt-to-equity ratio of 0.93x, a debt ratio of 0.12, an interest coverage ratio of 4.25x, free cash flow of $740.90M (TTM), and net debt of $18.89B. Figures sourced from SEC EDGAR.
- Market Cap
- $57.27B
- P/E TTM
- 24.15x
- EPS TTM
- $11.05
- P/B TTM
- 15.66x
- ROE TTM
- 75.96%
- ROA TTM
- 9.12%
- Debt To Equity
- 0.93x
- Free Cash Flow TTM
- $740.90M
- Net Revenue TTM Growth 1Y
- -1.97%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Targa Resources Corp. in?
Targa Resources Corp. (TRGP) operates in the Natural Gas Transmission industry.
What exchange does TRGP trade on?
Targa Resources Corp. (TRGP) trades on the NYSE.
When was Targa Resources Corp. (TRGP)'s most recent SEC filing?
Targa Resources Corp. (TRGP)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.
What is TRGP's market cap?
Targa Resources Corp. (TRGP) has a market capitalization of $57.27B as of 2026-06-30.
What is TRGP's P/E ratio?
Targa Resources Corp. (TRGP)'s trailing twelve month P/E ratio is 24.15x as of 2026-06-30.
What is TRGP's EPS (earnings per share)?
Targa Resources Corp. (TRGP)'s trailing twelve month EPS is $11.05 as of 2026-06-30.
What is TRGP's ROE (return on equity)?
Targa Resources Corp. (TRGP)'s trailing twelve month Return on Equity (ROE) is 75.96% as of 2026-06-30.
What is TRGP's ROA (return on assets)?
Targa Resources Corp. (TRGP)'s trailing twelve month Return on Assets (ROA) is 9.12% as of 2026-06-30.
What is TRGP's ROIC (return on invested capital)?
Targa Resources Corp. (TRGP)'s trailing twelve month Return on Invested Capital (ROIC) is 14.60% as of 2026-06-30.
What is TRGP's EV/EBITDA?
Targa Resources Corp. (TRGP)'s trailing twelve month EV/EBITDA is 13.88x as of 2026-06-30.