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 | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logistics and Transportation [Member] | $13.65B | $13.55B | $14.34B | $14.79B | $14.50B | $14.09B | $13.86B | $13.63B | $13.81B | $13.50B | $13.34B | $13.67B | 81.5% | -5.9% |
| Gathering and Processing [Member] | $3.14B | $2.88B | $2.69B | $2.67B | $2.65B | $2.68B | $2.69B | $2.69B | $2.58B | $2.52B | $2.44B | $2.42B | 18.8% | +18.6% |
By product or service
| Revenue | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales of Commodities [Member] | $13.86B | $13.73B | $14.41B | $14.84B | $14.57B | $14.23B | $14.06B | $13.59B | $13.72B | $13.63B | $13.69B | $14.69B | 82.8% | -4.8% |
| NGL [Member] | $12.61B | $11.69B | $12.08B | $12.47B | $12.52B | $12.40B | $12.37B | $11.95B | $11.63B | $11.06B | $10.58B | $10.39B | 75.3% | +0.8% |
| Fees from Midstream Services [Member] | $2.92B | $2.70B | $2.62B | $2.62B | $2.58B | $2.55B | $2.49B | $2.44B | $2.33B | $2.22B | $2.10B | $1.99B | 17.4% | +13.4% |
| Gathering and Processing [Member] | $2.03B | $1.88B | $1.79B | $1.75B | $1.71B | $1.70B | $1.63B | $1.59B | $1.50B | $1.43B | $1.34B | $1.27B | 12.1% | +18.6% |
| Natural Gas [Member] | $1.06B | $1.83B | $2.04B | $2.06B | $1.73B | $1.43B | $1.24B | $1.41B | $1.84B | $2.10B | $2.42B | $3.06B | 6.3% | -38.8% |
| Condensate and Crude Oil [Member] | $555.30M | $463.10M | $448.30M | $454.40M | $469.60M | $503.40M | $523.60M | $531.90M | $526.40M | $535.40M | $519.50M | $517.30M | 3.3% | +18.2% |
| Storage Terminaling and Export [Member] | $529.40M | $492.90M | $496.80M | $509.90M | $518.70M | $507.50M | $497.90M | $500.60M | $480.80M | $457.70M | $440.70M | $389.30M | 3.2% | +2.1% |
| NGL Transportation, Fractionation and Services [Member] | $340.70M | $298.50M | $311.60M | $315.40M | $301.30M | $298.10M | $298.40M | $292.20M | $290.50M | $278.70M | $261.10M | $260.60M | 2.0% | +13.1% |
| Other [Member] | – | – | – | $43.20M | $41.50M | $45.40M | $60.60M | $54.20M | $56.30M | $53.30M | $53.60M | $62.70M | – | – |
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.