Targa Resources
At a glance
Targa Resources reported 2025 revenue of $17.03B, up 20.5% from $14.14B in 2024. Over 4 years since 2021 ($16.09B), that is growth of about 1.4% a year. Operating margin was 19.6%, up from 5.4% in 2021. Revenue peaked in 2022 at $19.82B.
In the last 12 months 10 insiders reported 0 open-market purchases and 13 sales ($34.3M). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $7.5M by See Remarks Patrick J. Mcdonie on Mar 4, 2026.
Targa Resources filed 12 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), material agreement (3), officer or director change (2) and new financial obligation (2). The latest officer or director change was reported on Aug 25, 2026. It reported a material agreement or a completed acquisition or disposal 3 times.
1 of the 20 investors tracked here held Targa Resources at the last quarter end, worth $71.9M combined. It is the largest weight for National Pension Service (Korea) (0% of its portfolio). Reduced: National Pension Service (Korea).
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $71.2M | $1.2B | $1.35B | $1.31B | $1.92B |
| Diluted EPS | $-0.07 | $3.88 | $3.66 | $5.74 | $8.49 |
| Dividend per share | $0.40 | $1.40 | $1.85 | $2.75 | $3.75 |
Fiscal year ends Dec 31
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined