Targa Resources

Targa Resources

World Rank (Aug-2026)
443
Market Cap (Aug-2026)
59.138 Billion USD
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
Top Energy Companies in USA
Top Utilities Companies in USA
Nasdaq / NYSE Code
TRGP
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
17,028 Million USD
Annual Operating Income in USD
3,331 Million USD
Annual Net Income in USD
1,923 Million USD
Annual Results for Period Ending
For year ending December-2025
Total Assets in USD
25,218 Million USD
Total Liabilities in USD
22,020 Million USD
Total Equity in USD
3,198 Million USD
Balance Sheet for Period Ending
As of December-2025
Business Sector
Energy
Oil and Gas
Utilities
Gas Utilities
Company Website
TARGA RESOURCES INC
Wikipedia
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 - EndingRevenueGross IncomeOperating IncomeNet Income
Dec-202220,9292,9511,729896
Dec-202116,9492,3491,329-16
Dec-20208,2602,2901,253-1,684
Dec-20198,6711,581436-334
Dec-201810,4841,429447-119
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

RANKINSTITUTIONAL HOLDER NAMEDATESHARES HELDCHANGE (SHARES)CHANGE (%)VALUE (IN 1,000S)
1BLACKROCK INC.6/30/202224,522,4112,366,11010.68%$1,747,467
2VANGUARD GROUP INC6/30/202223,387,712-85,084-0.36%$1,666,608
3BLACKSTONE INC.6/30/202210,892,038206,3061.93%$776,167
4TORTOISE CAPITAL ADVISORS, L.L.C.6/30/20228,943,354-444,619-4.74%$637,303
5STATE STREET CORP6/30/20228,851,8591,014,90212.95%$630,783
6GOLDMAN SACHS GROUP INC6/30/20226,033,796-768,218-11.29%$429,968
7INVESCO LTD.6/30/20225,977,901575,21210.65%$425,985
8WELLINGTON MANAGEMENT GROUP LLP6/30/20224,523,663745,86619.74%$322,356
9NEUBERGER BERMAN GROUP LLC6/30/20224,399,182188,6124.48%$313,486
10KAYNE ANDERSON CAPITAL ADVISORS LP6/30/20224,367,531-193,600-4.25%$311,230
11JENNISON ASSOCIATES LLC6/30/20223,751,932398,77611.89%$267,363
12CHICKASAW CAPITAL MANAGEMENT LLC6/30/20223,430,676-183,804-5.09%$244,470
13ZIMMER PARTNERS, LP6/30/20223,110,100-439,900-12.39%$221,626
14MORGAN STANLEY6/30/20223,010,479-233,377-7.19%$214,527
15BROOKFIELD ASSET MANAGEMENT INC.6/30/20222,995,233-245,950-7.59%$213,440
16GEODE CAPITAL MANAGEMENT, LLC6/30/20222,914,187-52,387-1.77%$207,665
17SALIENT CAPITAL ADVISORS, LLC6/30/20222,699,369159,3676.27%$192,357
18BANK OF NEW YORK MELLON CORP6/30/20222,524,16372,7202.97%$179,872
19NORTHERN TRUST CORP6/30/20222,496,896245,30510.90%$177,929
20DIMENSIONAL FUND ADVISORS LP6/30/20222,174,333-205,364-8.63%$154,943
21MASSACHUSETTS FINANCIAL SERVICES CO /MA/6/30/20222,050,61035,2811.75%$146,126
22LEGAL & GENERAL GROUP PLC6/30/20221,999,501651,34348.31%$142,484
23MITSUBISHI UFJ TRUST & BANKING CORP6/30/20221,942,9181,809,8311359.89%$138,452
24RENAISSANCE TECHNOLOGIES LLC6/30/20221,923,1861,594,686485.45%$137,046
25UBS GROUP AG6/30/20221,799,35044,0692.51%$128,222
26FMR LLC6/30/20221,783,334-1,028,750-36.58%$127,080
27CLEARBRIDGE INVESTMENTS, LLC6/30/20221,611,215-253,600-13.60%$114,815
28PRINCIPAL FINANCIAL GROUP INC6/30/20221,585,82857,9803.80%$113,006
29DUFF & PHELPS INVESTMENT MANAGEMENT CO6/30/20221,567,89179,7635.36%$111,728
30HITE HEDGE ASSET MANAGEMENT LLC6/30/20221,501,766430,24140.15%$107,016
IPO Year
2010
Stock Category
S&P 500
Stock Exchange
NYSE
Frankfurt
Nasdaq Sector
Utilities
Nasdaq Industry
Natural Gas Distribution

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