Targa Resources Corp (TRGP)

Industry Oil & Gas Midstream

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

Sell

$179.21

Buy

$186.50

arrow-up$0.33 (+0.18%)

Prices updated at 20 Dec 2025, 00:01 EST

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

0.88%

NYSE

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Income statement

Year chevron-l-regular chevron-r-regular	2023	2024
	16,060m	16,382m
	4,054m	4,256m
	2,626m	2,695m
	16.35	16.45
	1,346m	1,312m
	3,960m	4,128m
Sales, General and administrative	349m	385m
Interest expenses	688m	767m
Provision for income taxes	363m	385m
Operating expenses	1,428m	1,560m
Income before taxes	1,943m	1,938m
Net income available to common shareholders	836m	1,279m
	3.69	5.77
Net interest income	-690m	-768m
Advertising and promotion	-	-
Net investment income, net	-	-
Realised capital gains (losses), net	-	-
Total benefits, claims and expenses	-	-
Earnings per share (diluted)	3.66	5.74
Free cash flow per share	2.6703	1.4401
Book value/share	11.2577	11.8197
Debt equity ratio	4.522283	5.353071

Balance sheet

Year chevron-l-regular chevron-r-regular	2023	2024
Current assets	2,195m	2,296m
Current liabilities	2,761m	3,173m
Total capital	14,829m	16,139m
Total debt	13,010m	14,265m
Total equity	2,740m	2,592m
Total non current liabilities	-	-
Loans	12,089m	13,547m
Total assets	20,672m	22,734m
Total liabilities	-	-
Cash and cash equivalents	142m	157m
Common stock	223m	218m

Cash flow

Year chevron-l-regular chevron-r-regular	2023	2024
Cash at beginning of period	219m	142m
Cash dividends paid	-427m	-615m
	826m	684m
Investments (gains) losses	-2,401m	-3,021m
	142m	157m
Net income	-	-
	3,212m	3,650m
	-2,385m	-2,966m

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.