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Targa Resources (TRGP)

Targa Resources (TRGP)
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Targa Resources Corp. is a energy infrastructure company and provider of integrated midstream services in North America. The company primarily derives its revenues from gathering, compressing, treating, processing and selling natural gas. Targa Resources also provides services associated with natural gas liquids, including those to liquefied petroleum gas exporters and crude oil. The company has formidable position in the world's largest NGL hub - Mont Belvieu, TX. Further, the company owns state-of-the-art LPG export facilities on the Gulf Coast at its Galena Park Marine Terminal, which is interconnected to Mont Belvieu. The company also has a significant presence in the Permian basin - the region at the forefront of American energy growth. Targa Resources Grand Prix NGL pipeline out of the Permian helps it to bring gathering and processing volumes to Mont Belvieu fractionation and export facilities. Targa Resources has two main business segments in Gathering and Processing and Logistics and Transportation.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Sales 4,151,200 4,260,100 4,561,500 4,405,300 3,851,800
Sales Growth -2.56% -6.61% +3.55% +14.37% +8.14%
Net Income 478,400 625,100 200,000 323,200 384,500
Net Income Growth -23.47% +212.55% -38.12% -15.94% +29.81%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Total Assets 24,174,801 23,512,801 22,800,301 22,734,100 21,903,801
Total Assets Growth +2.82% +3.13% +0.29% +3.79% +3.01%
Total Liabilities 21,341,000 20,801,400 20,227,600 18,315,900 17,445,301
Total Liabilities Growth +2.59% +2.84% +10.44% +4.99% +3.13%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow 2,411,900 1,812,700 954,400 3,649,700 2,321,800
Operating Cash Flow Growth +33.06% +89.93% -73.85% +57.19% +30.37%
Net Cash Flow -33,200 -44,200 -5,900 15,600 -14,500
Change in Net Cash Flow +24.89% -649.15% -137.82% +207.59% -158.70%
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