Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
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Price: 200.89 USD -0.57%
Market Cap: 43.8B USD

Targa Resources Corp
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Targa Resources Corp
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Targa Resources Corp
NYSE:TRGP
Revenue
$16.4B
CAGR 3-Years
-1%
CAGR 5-Years
14%
CAGR 10-Years
7%
Energy Transfer LP
NYSE:ET
Revenue
$82.7B
CAGR 3-Years
7%
CAGR 5-Years
9%
CAGR 10-Years
4%
ONEOK Inc
NYSE:OKE
Revenue
$21.7B
CAGR 3-Years
9%
CAGR 5-Years
16%
CAGR 10-Years
6%
Williams Companies Inc
NYSE:WMB
Revenue
$10.5B
CAGR 3-Years
0%
CAGR 5-Years
5%
CAGR 10-Years
3%
Enterprise Products Partners LP
NYSE:EPD
Revenue
$56.2B
CAGR 3-Years
11%
CAGR 5-Years
11%
CAGR 10-Years
2%
Kinder Morgan Inc
NYSE:KMI
Revenue
$15.1B
CAGR 3-Years
-3%
CAGR 5-Years
3%
CAGR 10-Years
-1%

Targa Resources Corp
Revenue Breakdown

Breakdown by Geography
Targa Resources Corp

Not Available

Breakdown by Segments
Targa Resources Corp

Total Revenue: 16.4B USD
100%
Ngl: 12.4B USD
75.5%
Fees From Midstream Services: 2.5B USD
15.2%
Gathering And Processing: 1.6B USD
10%
Natural Gas: 1.2B USD
7.6%
Condensate And Crude Oil: 523.6m USD
3.2%
Storage Terminaling And Export: 497.9m USD
3%
Ngl Transportation, Fractionation And Services: 298.4m USD
1.8%
Other: 60.6m USD
0.4%
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Targa Resources Corp
Glance View

Economic Moat
None
Market Cap
43.7B USD
Industry
Energy

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.

TRGP Intrinsic Value
176.4 USD
Overvaluation 12%
Intrinsic Value
Price

See Also

What is Targa Resources Corp's Revenue?
Revenue
16.4B USD

Based on the financial report for Dec 31, 2024, Targa Resources Corp's Revenue amounts to 16.4B USD.

What is Targa Resources Corp's Revenue growth rate?
Revenue CAGR 10Y
7%

Over the last year, the Revenue growth was 2%. The average annual Revenue growth rates for Targa Resources Corp have been -1% over the past three years , 14% over the past five years , and 7% over the past ten years .

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