
Targa Resources Corp
NYSE:TRGP

Targa Resources Corp
Revenue
Targa Resources Corp
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Targa Resources Corp
NYSE:TRGP
|
Revenue
$16.4B
|
CAGR 3-Years
-1%
|
CAGR 5-Years
14%
|
CAGR 10-Years
7%
|
|
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Energy Transfer LP
NYSE:ET
|
Revenue
$82.7B
|
CAGR 3-Years
7%
|
CAGR 5-Years
9%
|
CAGR 10-Years
4%
|
|
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ONEOK Inc
NYSE:OKE
|
Revenue
$21.7B
|
CAGR 3-Years
9%
|
CAGR 5-Years
16%
|
CAGR 10-Years
6%
|
|
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Williams Companies Inc
NYSE:WMB
|
Revenue
$10.5B
|
CAGR 3-Years
0%
|
CAGR 5-Years
5%
|
CAGR 10-Years
3%
|
|
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Enterprise Products Partners LP
NYSE:EPD
|
Revenue
$56.2B
|
CAGR 3-Years
11%
|
CAGR 5-Years
11%
|
CAGR 10-Years
2%
|
|
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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
Breakdown by Segments
Targa Resources Corp
Total Revenue:
16.4B
USD
|
Ngl:
12.4B
USD
|
Fees From Midstream Services:
2.5B
USD
|
Gathering And Processing:
1.6B
USD
|
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 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 .