Targa Resources

World Rank (Jan-05-2024)

930

Market Cap (Jan-05-2024)

19.566 Billion USD

World Rank (Jul-30-2023)

996

Market Cap (Jul-30-2023)

18.224 Billion USD

World Rank (Jan-07-2022)

1,542

Market Cap (Jan-07-2022)

12.802 Billion USD

World Rank (Jan-01-2021)

2,529

Market Cap (Jan-01-2021)

6.041 Billion USD

Company Rank in Country in 2023

Rank in USA in July-2023 is 408

Headquarters Country

USA

Nasdaq / NYSE Code

TRGP

Market Cap (Mar-08-2026)

50.99

Employee Count

2,850

Employee Count as of Date

As on 2022

Headquarters City/State

Texas

World Region

Americas

World Subregion

Northern America

Annual Revenue in USD

20,929 Million USD

Annual Operating Income in USD

1,729 Million USD

Annual Net Income in USD

896 Million USD

Annual Results for Period Ending

Dec-2022 ending year

Total Assets in USD

19,560 Million USD

Total Liabilities in USD

14,577 Million USD

Total Equity in USD

4,982 Million USD

Balance Sheet for Period Ending

Dec-2022 ending year

Business Sector

Company Website

Wikipedia

Yahoo

Yahoo @ NYSE

Company Profile

Targa Resources is a Midstream Energy Infrastructure company. The company own, operate, acquire, gathering, compressing, treating, processing and selling natural gas. Gathering, storing, terminaling and selling crude oil.
The headquarters is in USA.

As on 2022, Targa Resources has 2,850 employees.

Targa Resources annual revenue generated for period ending Dec-2022 was 20,929 million USD.

Targa Resources annual net income generated for period ending Dec-2022 was 896 million USD.

Annual Results Summary

TARGA RESOURCES - Yearly Revenue and Net Income - in Million USD:

Year - Ending	Revenue	Gross Income	Operating Income	Net Income
Dec-2022	20,929	2,951	1,729	896
Dec-2021	16,949	2,349	1,329	-16
Dec-2020	8,260	2,290	1,253	-1,684
Dec-2019	8,671	1,581	436	-334
Dec-2018	10,484	1,429	447	-119

Balance Sheet Summary

Total Assets as on Dec-2022 was 19,560 Million USD.

Total Liabilities as on Dec-2022 was 14,577 Million USD.

Total Equity as on Dec-2022 was 4,982 Million USD.

Founded Year

2005

Institutional Investors

Top 30 Institutional Holder Names in TARGA RESOURCES as on Jun-30-2022

RANK	INSTITUTIONAL HOLDER NAME	DATE	SHARES HELD	CHANGE (SHARES)	CHANGE (%)	VALUE (IN 1,000S)
1	BLACKROCK INC.	6/30/2022	24,522,411	2,366,110	10.68%	$1,747,467
2	VANGUARD GROUP INC	6/30/2022	23,387,712	-85,084	-0.36%	$1,666,608
3	BLACKSTONE INC.	6/30/2022	10,892,038	206,306	1.93%	$776,167
4	TORTOISE CAPITAL ADVISORS, L.L.C.	6/30/2022	8,943,354	-444,619	-4.74%	$637,303
5	STATE STREET CORP	6/30/2022	8,851,859	1,014,902	12.95%	$630,783
6	GOLDMAN SACHS GROUP INC	6/30/2022	6,033,796	-768,218	-11.29%	$429,968
7	INVESCO LTD.	6/30/2022	5,977,901	575,212	10.65%	$425,985
8	WELLINGTON MANAGEMENT GROUP LLP	6/30/2022	4,523,663	745,866	19.74%	$322,356
9	NEUBERGER BERMAN GROUP LLC	6/30/2022	4,399,182	188,612	4.48%	$313,486
10	KAYNE ANDERSON CAPITAL ADVISORS LP	6/30/2022	4,367,531	-193,600	-4.25%	$311,230
11	JENNISON ASSOCIATES LLC	6/30/2022	3,751,932	398,776	11.89%	$267,363
12	CHICKASAW CAPITAL MANAGEMENT LLC	6/30/2022	3,430,676	-183,804	-5.09%	$244,470
13	ZIMMER PARTNERS, LP	6/30/2022	3,110,100	-439,900	-12.39%	$221,626
14	MORGAN STANLEY	6/30/2022	3,010,479	-233,377	-7.19%	$214,527
15	BROOKFIELD ASSET MANAGEMENT INC.	6/30/2022	2,995,233	-245,950	-7.59%	$213,440
16	GEODE CAPITAL MANAGEMENT, LLC	6/30/2022	2,914,187	-52,387	-1.77%	$207,665
17	SALIENT CAPITAL ADVISORS, LLC	6/30/2022	2,699,369	159,367	6.27%	$192,357
18	BANK OF NEW YORK MELLON CORP	6/30/2022	2,524,163	72,720	2.97%	$179,872
19	NORTHERN TRUST CORP	6/30/2022	2,496,896	245,305	10.90%	$177,929
20	DIMENSIONAL FUND ADVISORS LP	6/30/2022	2,174,333	-205,364	-8.63%	$154,943
21	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	6/30/2022	2,050,610	35,281	1.75%	$146,126
22	LEGAL & GENERAL GROUP PLC	6/30/2022	1,999,501	651,343	48.31%	$142,484
23	MITSUBISHI UFJ TRUST & BANKING CORP	6/30/2022	1,942,918	1,809,831	1359.89%	$138,452
24	RENAISSANCE TECHNOLOGIES LLC	6/30/2022	1,923,186	1,594,686	485.45%	$137,046
25	UBS GROUP AG	6/30/2022	1,799,350	44,069	2.51%	$128,222
26	FMR LLC	6/30/2022	1,783,334	-1,028,750	-36.58%	$127,080
27	CLEARBRIDGE INVESTMENTS, LLC	6/30/2022	1,611,215	-253,600	-13.60%	$114,815
28	PRINCIPAL FINANCIAL GROUP INC	6/30/2022	1,585,828	57,980	3.80%	$113,006
29	DUFF & PHELPS INVESTMENT MANAGEMENT CO	6/30/2022	1,567,891	79,763	5.36%	$111,728
30	HITE HEDGE ASSET MANAGEMENT LLC	6/30/2022	1,501,766	430,241	40.15%	$107,016