TRGPNYSENatural Gas TransmissionFiscal year ends December 31
Targa Resources Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$292.80−2.10 (-0.71%)
Close on Oct 19, 2026
- Market cap
- $63.01B
- P/E (TTM)
- 27.9
- Dividend yield
- 1.28%
Targa Resources Corp. revenue by segment
By business segment
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logistics and Transportation [Member] | $3.46B | $3.34B | $3.35B | $3.49B | $3.37B | $4.13B | $3.81B | $3.19B | $2.96B | $3.90B | $3.58B | $3.36B | 77.9% | +2.8% |
| Gathering and Processing [Member] | $876.70M | $860.10M | $702.50M | $700.40M | $613.90M | $675.80M | $678.30M | $679.70M | $645.60M | $686.00M | $675.80M | $568.70M | 19.7% | +42.8% |
| Other [Member] | $103.10M | -$110.30M | – | -$36.50M | $280.50M | -$248.80M | – | -$17.70M | -$46.60M | -$22.10M | – | -$33.50M | 2.3% | -63.2% |
| Corporate and Eliminations [Member] | -$469.30M | $0 | – | -$1.22B | -$1.19B | -$1.58B | – | -$921.60M | -$905.70M | -$1.18B | – | -$1.36B | -10.6% | -60.5% |
By product or service
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NGL [Member] | $3.76B | $2.98B | $2.96B | $2.91B | $2.83B | $3.38B | $3.35B | $2.96B | $2.72B | $3.35B | $2.93B | $2.64B | 84.7% | +32.7% |
| Sales of Commodities [Member] | $3.49B | $3.45B | $3.41B | $3.51B | $3.36B | $4.13B | $3.84B | $3.23B | $3.01B | $3.96B | $3.37B | $3.37B | 78.6% | +4.0% |
| Fees from Midstream Services [Member] | $847.20M | $750.10M | $642.60M | $681.30M | $623.80M | $677.10M | $639.70M | $634.80M | $595.30M | $620.00M | $591.40M | $522.30M | 19.1% | +35.8% |
| Gathering and Processing [Member] | $553.00M | $559.70M | $454.60M | $465.90M | $403.70M | $469.00M | $414.80M | $426.40M | $385.70M | $405.90M | $376.50M | $333.30M | 12.5% | +37.0% |
| Condensate and Crude Oil [Member] | $203.50M | $131.80M | $112.00M | $108.00M | $111.30M | $117.00M | $118.10M | $123.20M | $145.10M | $137.20M | $126.40M | $117.70M | 4.6% | +82.8% |
| Storage Terminaling and Export [Member] | $162.20M | $123.10M | $130.90M | $113.20M | $125.70M | $135.40M | $135.60M | $122.00M | $114.50M | $125.70M | $138.40M | $102.20M | 3.7% | +29.0% |
| NGL Transportation, Fractionation and Services [Member] | $120.60M | $68.50M | $64.70M | $86.90M | $78.40M | $73.20M | $76.90M | $72.80M | $75.20M | $73.60M | $70.60M | $71.10M | 2.7% | +53.8% |
| Other [Member] | $11.40M | -$1.20M | – | $15.30M | $16.00M | -$500.00K | $12.40M | $13.60M | $19.90M | $14.80M | $5.90M | $15.70M | 0.3% | -28.7% |
| Natural Gas [Member] | -$312.60M | $473.70M | $393.10M | $502.50M | $458.20M | $681.90M | $419.40M | $168.40M | $158.60M | $494.60M | $585.40M | $606.00M | -7.0% | -168.2% |
By region
From the segment and revenue-disaggregation notes of Targa Resources's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.