Targa Resources TRGP Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| All Other Segments | -$110.3M+55.7% | -$500K+99.4% | -$36.5M-106% | $280.5M+702% | -$248.8M-1,026% | |
| Corporate Non Segment And Inter Segment Elimination | -$983.7M+37.9% | -$953.7M+25.7% | -$1.22B-32.5% | -$1.19B-31.2% | -$1.58B-33.9% | |
| Gathering And Processing | $1.78B-18.9% | $1.6B-16.0% | $1.87B+19.6% | $1.75B+15.0% | $2.19B+20.8% | |
| Logistics And Transportation | $3.41B-18.8% | $3.41B-11.7% | $3.53B+9.6% | $3.42B+14.2% | $4.2B+6.3% | |
| Revenue by Product | ||||||
| Midstream Services Other | -$1.2M-140% | —— | $15.3M+12.5% | $16M-19.6% | -$500K-103% | |
| Natural Gas Liquids Reserves | $2.98B-11.7% | $2.96B-11.6% | $2.91B-1.7% | $2.83B+4.2% | $3.38B+0.9% | |
| Natural Gas Reserves | $473.7M-30.5% | $393.1M-6.3% | $502.5M+198% | $458.2M+189% | $681.9M+37.9% | |
| NGL Transportation Fractionation And Services | $68.5M-6.4% | $64.7M-15.9% | $86.9M+19.4% | $83.2M+10.6% | $73.2M-0.5% | |
| Oil And Condensate | $131.8M+12.6% | $112M-5.2% | $108M-12.3% | $111.3M-23.3% | $117M-14.7% | |
| Service | $750.1M+10.8% | $642.6M+0.5% | $681.3M+7.3% | $623.8M+4.8% | $677.1M+9.2% | |
| Storage Terminaling And Export | $123.1M-9.1% | $130.9M-3.5% | $113.2M-7.2% | $120.9M+5.6% | $135.4M+7.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Targa Resources break its business down?
- Targa Resources (TRGP) reports revenue by business across 4 parts — All Other Segments, Corporate Non Segment And Inter Segment Elimination, Gathering And Processing and Logistics And Transportation. Each is extracted from the segment footnotes and tracked over time.
- Where does Targa Resources's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Targa Resources's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
