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Smart Score
AverageTarga Resources Corp. (NYSE: TRGP) is a publicly traded Delaware corporation formed in October 2005. Targa is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. We own, operate, acquire, and develop a diversified portfolio of complementary domestic infrastructure assets.
In the company’s own words · 10-K filed Feb 19, 2026 · SEC EDGAR
Business segments
Q1 2026 · $4.34BThe company’s own SEC segment disclosure.
- Natural Gas Liquids Reserves$2.98B69%
- Gathering And Processing Fees$559.7M13%
- Natural Gas Reserves$473.7M11%
- Oil And Condensate$131.8M3%
- Storage Terminaling And Export$123.1M3%
- NGL Transportation Fractionation And Services$68.5M2%
Targa Resources (TRGP) reported revenue of $4.44B in Q2 2026 (quarter ended June 30, 2026), up 4.2% from the same quarter a year earlier. That came with a gross margin of 48% and net income of $765M (17% of revenue). For the full year FY2025, revenue was $17.0B (+3.9% year on year) and net income $1.92B. Its largest product in 2026-Q1 was Natural Gas Liquids Reserves at $2.98B, 69% of the disclosed total, just ahead of Gathering And Processing Fees at 13%.
Raw charts
11 series · TTMAs reported to the SEC, without any scoring.
Oil & Gas Midstream
Ranks #16 of 27 by Smart Score