Targa Resources Net Worth 2010-2023 | TRGP
Interactive chart of historical net worth (market cap) for Targa Resources (TRGP) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Targa Resources net worth as of May 01, 2024 is $25.38B.
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil Refining & Marketing MLP |
$25.382B |
$16.060B |
|
Targa Resources Corp. is a energy infrastructure company and provider of integrated midstream services in North America. The company primarily derives its revenues from gathering, compressing, treating, processing and selling natural gas. Targa Resources also provides services associated with natural gas liquids, including those to liquefied petroleum gas exporters and crude oil. The company has formidable position in the world's largest NGL hub - Mont Belvieu, TX. Further, the company owns state-of-the-art LPG export facilities on the Gulf Coast at its Galena Park Marine Terminal, which is interconnected to Mont Belvieu. The company also has a significant presence in the Permian basin - the region at the forefront of American energy growth. Targa Resources Grand Prix NGL pipeline out of the Permian helps it to bring gathering and processing volumes to Mont Belvieu fractionation and export facilities. Targa Resources has two main business segments in Gathering and Processing and Logistics and Transportation.
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