Business Description

Targa Resources Inc., founded in 2008 and headquartered in Houston, Texas, is a diversified midstream energy company that provides natural gas processing, NGL fractionation, and pipeline transportation services. The firm generates fee‐based revenues through long-term contracts with over 100 producers in regions such as the Permian Basin and Eagle Ford. Under the leadership of CEO Brian Sawyer since 2017, Targa maintains an estimated market share of 10-15% and is focused on strategic asset expansion and technology investments to drive future growth.

Everything on Targa Resources Inc.

Revenue (FY2025) $17.03B
YoY growth +3.9%
Operating margin 19.6%
Direction Expanding
Gross margin 30.7%
Net margin 11.5%

Earnings Transcripts

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Leadership & board

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Share Repurchase Program

Total authorized
$1.0 billion (2024 program) plus $1.0 billion (2025 program)
Remaining (as of March 31, 2026)
$1,318.6 million
Latest FY repurchased
$641.8 million

Recent SEC Filings

2026-05-22 Shareholder vote results View filing ↗
2026-05-07 Reported quarterly results (+1 more) View filing ↗
2026-03-02 Entered a material agreement (+1 more) View filing ↗
2026-02-26 Regulation FD disclosure (+1 more) View filing ↗
2026-02-19 Reported quarterly results (+1 more) View filing ↗
2025-11-12 Entered a material agreement (+1 more) View filing ↗
2025-11-07 Regulation FD disclosure (+1 more) View filing ↗
2025-11-05 Reported quarterly results (+1 more) View filing ↗
2025-08-07 Reported quarterly results (+2 more) View filing ↗
2025-08-06 Leadership change (directors/officers) View filing ↗
2025-07-28 Entered a material agreement View filing ↗
2025-06-18 Entered a material agreement (+1 more) View filing ↗

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