Targa Resources Corp.

NYSE TRGP

Targa Resources Corp. Net Income for the Trailing 12 Months (TTM) ending September 30, 2024: USD 1.26 B

Targa Resources Corp. Net Income is USD 1.26 B for the Trailing 12 Months (TTM) ending September 30, 2024, a -7.59% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Targa Resources Corp. Net Income for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 1.36 B, a 86.71% change year over year.
  • Targa Resources Corp. Net Income for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 730.70 M, a 74.64% change year over year.
  • Targa Resources Corp. Net Income for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 418.40 M, a 124.61% change year over year.
  • Targa Resources Corp. Net Income for the Trailing 12 Months (TTM) ending September 30, 2020 was USD -1.70 B, a -737.59% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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NYSE: TRGP

Targa Resources Corp.

CEO Mr. Matthew J. Meloy
IPO Date Dec. 7, 2010
Location United States
Headquarters 811 Louisiana Street
Employees 3,182
Sector Energy
Industries
Description

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.

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StockViz Staff

January 15, 2025

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