Just reported
From Targa Resources's results release of November 5, 2026; its quarterly report has since been filed.
Actual
$5.6B
+35% y/y
+26% q/q
Guided
—
No guide given
Actual
$3.04
+38% y/y
-14% q/q
Guided
—
No guide given
Actual
$1.1B
+31% y/y
-11% q/q
Guided
—
No guide given
Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.
Shares of revenue are estimates for quarter ended March 31, 2026, high confidence, not figures from a filing.
Natural gas gathering and processing
Collects gas from wells, compresses and treats it, and removes natural gas liquids so the remaining gas can be transported and sold.
Natural gas liquids pipelines
Moves mixed natural gas liquids from producing areas to facilities where they can be separated, stored or shipped.
Natural gas liquids fractionation and storage
Separates mixed liquids into products such as propane and butane, and stores them before delivery.
Liquefied petroleum gas export services
Stores and loads liquefied petroleum gas products onto ships for customers sending them to international markets.
Crude oil gathering and terminaling
Collects crude oil from production areas and provides storage and terminal services.
Commodity sales and marketing
Buys and sells natural gas, natural gas liquids, condensate and crude oil.
Targa collects raw natural gas from wells, compresses and cleans it, then separates natural gas liquids from the gas. It moves those liquids by pipeline, separates them into products such as propane and butane, stores them, and loads them onto ships for export; it also gathers and handles crude oil. Its plants received an average of 8,868.3 million cubic feet of natural gas per day (nine months ended September 30, 2026, high confidence) and produced 1,169.0 thousand barrels of natural gas liquids per day (nine months ended September 30, 2026, high confidence).
Built from Targa Resources Corp.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.
$291.74+3.7%Nov 11 close
Figures through September 30, 2026, from the 10-Q filed November 5, 2026
Targa sells natural gas and natural gas liquids to energy buyers and exporters, and charges oil and gas producers to gather and process their output.
The themes Targa Resources is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.
Graded A or B and worth $2B or more: A first, then the largest.
Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.
Grade A+
The band under the price shows the grade on each date, built only from filings that were public by then.
Showing 2 of 32 quarters of Targa Resources Corp.’s grade history. The other 30 go back to March 2019.
