What does Targa Resources do?

Targa Resources (TRGP) is an Oil & Gas Midstream company. Permian gathering-and-processing leader riding the basin's associated gas growth, with NGL exports from its Galena Park terminal. It was founded in 2005, is headquartered in Houston, TX and employs about 3,570 people.

How does Targa Resources make money?

As of 2026-Q2, Targa Resources's revenue breaks down across Logistics & Transportation (73%), Gathering & Processing (27%), Corporate Non Segment & Inter Segment Elimination (0%). See the revenue-by-segment chart for the full mix.

How has Targa Resources's revenue and profitability trended?

Track Targa Resources's quarterly and annual revenue, gross and net margins, and EPS in the interactive charts on this page. Data last updated August 24, 2026.

Who are Targa Resources's main competitors?

Sterling groups Targa Resources in the Oil & Gas sector, alongside Kinder Morgan (KMI), Williams (WMB), Cheniere (LNG), Energy Transfer (ET), Enterprise Products (EPD) and ONEOK (OKE).

If I'm investing in Targa Resources, what similar companies should I consider?

If you are researching Targa Resources, also look at Kinder Morgan (KMI), Williams (WMB) and Cheniere (LNG). You can compare all of them side by side or browse the full Oil & Gas sector on Sterling.