Targa: brands it owns and its ownership tree
Targa (NYSE: TRGP) is a publicly listed company headquartered in the United States that owns 2 consumer brands.[1][2]
Targa's 2025 Form 10-K reports gathering and processing in the Permian and other basins and NGL logistics at Mont Belvieu and Galena Park, Texas. It says that in March 2025 it bought Blackstone's 45 percent interest in Targa Badlands and now owns 100 percent of the interests and earnings effective 1 January 2025.
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brands owned
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categories
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acquisitions recorded
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divestitures recorded
Company facts
- Legal name
- Targa Resources Corp.
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 United States
- Tickers
- NYSE: TRGP
- Revenue
- $17 billion (2025)[2]
- SEC CIK
- 0001389170
- Last verified
- · 2 sources
Targa in numbers
- Targa owns 2 consumer brands tracked here across 1 top-level categories; the largest is energy with 2 brands.[1]
Targa financial history
Headline figures from Targa's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025.
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| — | $3.33bn | — | $1.92bn | $25.2bn | — | 10-K | |
| $14.1bn | $2.7bn | 19.1% | $1.31bn | $22.7bn | — | 10-K | |
| $13.5bn | $2.63bn | 19.4% | $1.35bn | $20.7bn | — | 10-K | |
| $19.8bn | $1.73bn | 8.7% | $1.2bn | $19.6bn | — | 10-K | |
| $16.1bn | $864.8m | 5.4% | $71.2m | $15.2bn | — | 10-K | |
| $6.87bn | $-1,303,700,000 | -19.0% | $-1,553,900,000 | $15.9bn | — | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Targa owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
Targa SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Departure or appointment of directors or officers | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Entry into a material agreement | |
| 8-K | Results of a shareholder vote | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Regulation FD disclosure; Other events | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Regulation FD disclosure; Other events | |
| 10-Q | Quarterly report |
Frequently asked questions
What brands does Targa own?
Targa owns 2 consumer brands tracked here, including Targa Badlands and Grand Prix Pipeline.
Is Targa an American company?
Yes. Targa is headquartered in the United States.
Who owns Targa?
Targa is a publicly listed company owned by its shareholders; it trades as TRGP on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Targa Resources Corp. Annual Report on Form 10-K filed 2026-02-19 — SEC EDGAR, SEC Form 10-K, published 19 February 2026; retrieved 5 October 2026.
- [2] Targa Resources Corp.: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 19 February 2026; retrieved 5 October 2026.
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