Targa Resources Corp (TRGP)

Industry Oil & Gas Midstream

This stock can be held in an Investment ISA and an Investment Account

Sell

$239.50

Buy

$249.63

arrow-down$-0.40 (-0.16%)

Prices updated at 02 Apr 2026, 23:22 EDT

Prices minimum 15 mins delay

Prices in USD

Targa Resources Corp is engaged in gathering, compressing, treating, processing and selling natural gas. It is also engaged in storing, fractionating, treating, transporting, terminaling and selling of natural gas liquid.

S&P 500

0.11%

NYSE

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Income statement

Year chevron-l-regular chevron-r-regular	2024	2025
	16,382m	17,028m
	4,256m	5,005m
	2,695m	3,331m
	16.45	19.56
	1,312m	1,923m
	4,128m	4,855m
Sales, General and administrative	385m	406m
Interest expenses	767m	853m
Provision for income taxes	385m	530m
Operating expenses	1,560m	1,674m
Income before taxes	1,938m	2,486m
Net income available to common shareholders	1,270m	1,841m
	5.77	8.52
Net interest income	-767m	-853m
Advertising and promotion	-	-
Net investment income, net	-	-
Realised capital gains (losses), net	-	-
Total benefits, claims and expenses	-	-
Earnings per share (diluted)	5.74	8.49
Free cash flow per share	1.4401	2.9517
Book value/share	11.8197	12.6096
Debt equity ratio	5.353071	5.46038

Balance sheet

Year chevron-l-regular chevron-r-regular	2024	2025
Current assets	2,296m	2,363m
Current liabilities	3,173m	3,547m
Total capital	16,139m	19,470m
Total debt	14,265m	17,522m
Total equity	2,592m	3,068m
Total non current liabilities	-	-
Loans	13,547m	16,402m
Total assets	22,734m	25,218m
Total liabilities	-	-
Cash and cash equivalents	157m	166m
Common stock	218m	215m

Cash flow

Year chevron-l-regular chevron-r-regular	2024	2025
Cash at beginning of period	142m	157m
Cash dividends paid	-615m	-818m
	684m	584m
Investments (gains) losses	-3,021m	-3,642m
	157m	166m
Net income	-	-
	3,650m	3,917m
	-2,966m	-3,333m

The figures shown in the tables are quoted in the currency of the stock selected.

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.