Targa Resources, Inc.
TRGP Energy Oil & Gas Midstream
Targa Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.0 billion, up 3.95% from fiscal 2024. In the quarter to June 2026, revenue grew 4.23%, EPS grew 22.9%, free cash flow grew 1,002.1% and total debt rose 16.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, operating cash flow growth for five.
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Targa Resources, Inc. 10-Q filed Aug 6, 2026
Red flags
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Receivables outpacing revenue
Receivables grew 38.6% while revenue grew 4.2% year over year
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 7, 2025: 44 added · 36 removed · 44 modified; 7 with only figures updated
124 more changes in this Item, word by word, in Powerpack.
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