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Targa Resources Corp.

corporate_fare Company Profile

Targa Resources Corp.

TRGP·NYSE·Energy & Transportation·CIK 0001389170

Targa Resources Corp. is a publicly traded Delaware corporation formed in October 2005, operating as a leading provider of midstream services and one of the largest independent infrastructure companies in North America. The company owns, operates, acquires, and develops a diversified portfolio of complementary domestic infrastructure assets. Targa's operations primarily involve gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling NGLs and NGL products, including services to LPG exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. The company operates in two primary segments: Gathering and Processing, and Logistics and Transportation (also known as Downstream Business). The Gathering and Processing segment includes assets used for gathering and/or purchasing and selling natural gas from oil and gas wells, removing impurities, and processing raw natural gas into merchantable natural gas by extracting NGLs. This segment also includes assets for gathering and terminaling and/or purchasing and selling crude oil. These assets are located in the Permian Basin of West Texas and Southeast New Mexico (including the Midland, Central, and Delaware Basins); the Eagle Ford Shale in South Texas; the Barnett Shale in North Texas; the Anadarko, Ardmore, and Arkoma Basins in Oklahoma (including the SCOOP and STACK) and South Central Kansas; the Williston Basin in North Dakota (including the Bakken and Three Forks plays); and the onshore and near offshore regions of the Louisiana Gulf Coast.

Targa Resources Corp. (NYSE:TRGP) is a publicly traded company in the Energy & Transportation sector. Wiseek has independently scored 16 items for TRGP at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-25, rated 7/10. Across its 16 most recent items scored 7 or higher, the top rating is 9/10, with 11 rated 8 or above. Recent SEC coverage for TRGP spans 8-K, 10-Q, DEF 14A, 424B5.

Recent high-impact activity:

  • Targa Names Benjamin Branstetter CFO as William Byers Retires
  • Targa Names Branstetter CFO, Secrest Logistics President as Byers Retires
  • Targa Inks 20-Year ExxonMobil Deal, Plans Three Permian Gas Plants
  • Targa Resources Delivers Record Q2 2026 with $1.6B Adjusted EBITDA and Lifts Full-Year Outlook
  • Targa Resources Posts Record Q2 EBITDA of $1.6B, Raises Full-Year Guidance

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$17.03B
Net Income
$1.92B
Diluted EPS
$8.49
Op. Cash Flow
$3.92B
Free Cash Flow
$584.1M
Gross Profit
$6.52B
Operating Income
$3.33B
Cash & Equivalents
$166.1M
Total Debt
$17.43B
Debt / Equity
5.68×
Net Margin
11.3%
Shares Outstanding
214.66M sh
Source: 10-K · filed 2026-02-19 · accession 0001193125-26-059296

Short Interest & Short Volume

6.36 days to cover

FINRA reported short interest of 5,650,628 shares in TRGP as of the September 15, 2026 settlement, a 5.3% increase from the prior period — about 6.4 days to cover at its recent average daily volume. On October 2, 2026, 66.3% of TRGP volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)5,650,628 shares as of September 15, 2026
Change vs prior period▲ 5.3%
Days to cover6.36 at avg daily volume of 888,544
Daily short volume (FINRA facilities)66.3% of 418,798 shares on October 2, 2026
5-day average short volume67.4%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$281.74
52-week range · as of 2026-08-25 $144.14 – $307.94
Market cap
$60.41B
Volume
1.2M (1.1× avg)
3-mo avg 1.2M
Live data · 2026-10-05 02:48 UTC · Market closed

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feed TRGP - Latest Insights

TRGP
Aug 25, 2026, 7:54 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $298.99
Real-time Price: $281.74 info
Change: -$17.25 (-6%) info
Market Cap: $60.414B info
TRGP
Aug 25, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $298.99
Real-time Price: $281.74 info
Change: -$17.25 (-6%) info
Market Cap: $60.414B info
TRGP
Aug 17, 2026, 4:56 PM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $285.50
Real-time Price: $281.74 info
Change: -$3.76 (-1%) info
Market Cap: $60.414B info
TRGP
Aug 06, 2026, 6:15 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $263.51
Real-time Price: $281.74 info
Change: +$18.23 (+7%) info
Market Cap: $60.414B info
TRGP
Aug 06, 2026, 6:00 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $263.51
Real-time Price: $281.74 info
Change: +$18.23 (+7%) info
Market Cap: $60.414B info
TRGP
Jul 06, 2026, 4:30 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $263.52
Real-time Price: $281.74 info
Change: +$18.22 (+7%) info
Market Cap: $60.414B info
TRGP
May 07, 2026, 3:36 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $252.80
Real-time Price: $281.74 info
Change: +$28.95 (+11%) info
Market Cap: $60.414B info
TRGP
May 07, 2026, 6:15 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $251.99
Real-time Price: $281.74 info
Change: +$29.75 (+12%) info
Market Cap: $60.414B info
TRGP
May 07, 2026, 6:00 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $251.99
Real-time Price: $281.74 info
Change: +$29.75 (+12%) info
Market Cap: $60.414B info
TRGP
Apr 16, 2026, 5:57 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $239.81
Real-time Price: $281.74 info
Change: +$41.93 (+17%) info
Market Cap: $60.414B info
TRGP
Mar 26, 2026, 4:15 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $250.50
Real-time Price: $281.74 info
Change: +$31.24 (+12%) info
Market Cap: $60.414B info
TRGP
Mar 02, 2026, 4:33 PM EST
Source: Wiseek News
Importance Score:
7
Price at Filing: $238.60
Real-time Price: $281.74 info
Change: +$43.14 (+18%) info
Market Cap: $60.414B info
TRGP
Feb 26, 2026, 4:27 PM EST
Filing Type: 424B5
Importance Score:
8
Price at Filing: $231.22
Real-time Price: $281.74 info
Change: +$50.52 (+22%) info
Market Cap: $60.414B info
TRGP
Feb 25, 2026, 4:49 PM EST
Filing Type: FWP
Importance Score:
8
Price at Filing: $230.14
Real-time Price: $281.74 info
Change: +$51.60 (+22%) info
Market Cap: $60.414B info
TRGP
Feb 19, 2026, 3:53 PM EST
Filing Type: 10-K
Importance Score:
9
Price at Filing: $224.22
Real-time Price: $281.74 info
Change: +$57.52 (+26%) info
Market Cap: $60.414B info
TRGP
Feb 19, 2026, 6:15 AM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $226.50
Real-time Price: $281.74 info
Change: +$55.24 (+24%) info
Market Cap: $60.414B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets