What is Targa Resources's shares (basic)?

Targa Resources (TRGP) reported shares (basic) of 214.8M in Q1 2026.

How has Targa Resources's shares (basic) changed year-over-year?

Targa Resources's shares (basic) decreased by 1.4% year-over-year, from 217.9M to 214.8M.

What is the long-term trend for Targa Resources's shares (basic)?

Over 4 years (2021 to 2025), Targa Resources's shares (basic) has grown at a -1.4% compound annual growth rate (CAGR), from 914.5M to 865.8M.

What does shares (basic) mean?

The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.

Targa Resources TRGP Shares (Basic)

Shares (Basic) at other companies

OneokOKE

630.7M+3.2%

MTD

Matador ResourcesMTDR

123.5M-1.4%

NextDecade CorporationNEXT

264.9M+1.7%

Kinetik HoldingsKNTK

65.9M+9.6%

HES

Hess MidstreamHESM

129.2M+16.7%

Kinder MorganKMI

——

Other financials

Income statement

See full

Revenue$4.1B-10.2%

Gross profit$1.7B+30.4%

Operating income$846.9M+55.9%

Net income$479.6M+77.3%

EPS (diluted)$2.21+143%

Balance sheet

See full

Cash & equivalents$100.1M-33.9%

Total debt$346.5M+17.0%

Total equity$3.1B+27.9%

Total assets$27.1B+18.9%

Cash flow

See full

Operating cash flow$739.5M-22.5%

CapEx$899.5M+13.5%

Free cash flow-$160.0M-199%

Valuation

See full

Market cap$57.55B+45.7%

Enterprise value$57.8B+45.6%

P/E27×+2.9×

P/S3.5×+1.2×

Profitability

See full

Gross margin41.8%+7.3pp

Operating margin21.9%+6.1pp

Net margin12.9%+4.9pp

FCF margin4.8%-3.1pp

Returns & leverage

See full

Return on equity76.3%+25.6pp

Debt / equity0.1×0.0×

Current ratio0.7×+0.1×

Where this comes from

Reported directly by Targa Resources in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfSharesOutstandingBasic.

The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Targa Resources's shares (basic).

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Targa Resources's shares (basic)?: Targa Resources (TRGP) reported shares (basic) of 214.8M in Q1 2026.
How has Targa Resources's shares (basic) changed year-over-year?: Targa Resources's shares (basic) decreased by 1.4% year-over-year, from 217.9M to 214.8M.
What is the long-term trend for Targa Resources's shares (basic)?: Over 4 years (2021 to 2025), Targa Resources's shares (basic) has grown at a -1.4% compound annual growth rate (CAGR), from 914.5M to 865.8M.
What does shares (basic) mean?: The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.