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. (TRGP) Shares outstanding
Targa Resources, Inc.'s shares outstanding at the end of fiscal 2025 was $216.9M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $215.2M. Over the past ten years it has ranged from $53.6M (fiscal 2015) to $232.5M (fiscal 2019); the current reading is higher than 36% of that period. Targa Resources, Inc. ranks 16th of 56 Oil & Gas Midstream companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $216.9M | (1.99%) |
| FY2024 | $221.3M | (2.08%) |
| FY2023 | $226.0M | (2.21%) |
| FY2022 | $231.1M | 1.09% |
| FY2021 | $228.6M | (1.55%) |
| FY2020 | $232.2M | (0.13%) |
| FY2019 | $232.5M | 3.70% |
| FY2018 | $224.2M | 8.36% |
| FY2017 | $206.9M | 34.00% |
| FY2016 | $154.4M | 188.06% |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $215.2M | (0.14%) |
| Mar 2026 | $215.5M | (0.65%) |
| Dec 2025 | $216.9M | 0.42% |
| Sep 2025 | $216.0M | (0.60%) |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| ET Energy Transfer LP compare | $3.5B |
| KMI Kinder Morgan, Inc. compare | $2.2B |
| EPD Enterprise Products Partners L.P. compare | $2.2B |
| WMB Williams Companies, Inc. (The) compare | $1.2B |
| TRP TC Energy Corporation compare | $1.0B |
| MPLX MPLX LP compare | $1.0B |
| OKE ONEOK, Inc. compare | $632.0M |
| TRGP Targa Resources, Inc. | $215.2M |
| LNG Cheniere Energy, Inc. compare | $209.5M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement