
Targa Resources Corp
NYSE:TRGP

Targa Resources Corp
Income from Continuing Operations
Targa Resources Corp
Income from Continuing Operations Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Income from Continuing Operations | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Targa Resources Corp
NYSE:TRGP
|
Income from Continuing Operations
$1.6B
|
CAGR 3-Years
54%
|
CAGR 5-Years
107%
|
CAGR 10-Years
14%
|
|
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Energy Transfer LP
NYSE:ET
|
Income from Continuing Operations
$6.6B
|
CAGR 3-Years
-1%
|
CAGR 5-Years
6%
|
CAGR 10-Years
20%
|
|
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ONEOK Inc
NYSE:OKE
|
Income from Continuing Operations
$3.1B
|
CAGR 3-Years
28%
|
CAGR 5-Years
19%
|
CAGR 10-Years
17%
|
|
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Williams Companies Inc
NYSE:WMB
|
Income from Continuing Operations
$2.3B
|
CAGR 3-Years
15%
|
CAGR 5-Years
26%
|
CAGR 10-Years
0%
|
|
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Enterprise Products Partners LP
NYSE:EPD
|
Income from Continuing Operations
$6B
|
CAGR 3-Years
8%
|
CAGR 5-Years
5%
|
CAGR 10-Years
8%
|
|
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Kinder Morgan Inc
NYSE:KMI
|
Income from Continuing Operations
$2.7B
|
CAGR 3-Years
14%
|
CAGR 5-Years
4%
|
CAGR 10-Years
1%
|
Targa Resources Corp
Glance View
Targa Resources Corp., an intriguing player in the midstream space of the energy sector, has carved out a reputation by focusing on the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs). At its core, Targa's operations are hinged on a vast network of pipelines and processing facilities strategically located in prime production regions such as the Permian Basin and the Eagle Ford Shale. These assets allow Targa to efficiently collect raw natural gas from producers, which is then transformed into market-ready products through their processing plants. As the gas flows from the ground to end-users, Targa meticulously manages this journey, ensuring both reliability and safety, making it an indispensable partner to energy producers and consumers alike. Revenue generation at Targa is primarily driven by fees from processing, gathering, and transporting natural gas and NGLs. By charging for the volumes that pass through its infrastructure, Targa ensures a relatively stable income stream while simultaneously benefiting from commodity-based margin opportunities. Furthermore, the company's storage and export capabilities, particularly for liquefied petroleum gases, allow it to tap into growing global energy demands, thereby enhancing its revenue potential. Through strategic expansions and partnerships, Targa continues to fortify its position in the energy supply chain, seeking long-term growth while navigating the ever-evolving dynamics and regulatory landscapes of the energy industry.

See Also
What is Targa Resources Corp's Income from Continuing Operations?
Income from Continuing Operations
1.6B
USD
Based on the financial report for Dec 31, 2024, Targa Resources Corp's Income from Continuing Operations amounts to 1.6B USD.
What is Targa Resources Corp's Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 10Y
14%
Over the last year, the Income from Continuing Operations growth was -2%. The average annual Income from Continuing Operations growth rates for Targa Resources Corp have been 54% over the past three years , 107% over the past five years , and 14% over the past ten years .