What are TRGP's business segments?

Targa Resources Corp. (TRGP) reports revenue by product line and geographic region in its 10-K segment disclosures. The composition lists on this page show the most recent breakdown; the expanded table view shows the multi-year transposed history.

Which segment generates the most revenue for TRGP?

Targa Resources Corp.'s largest reported segment is Logistics And Transportation, at $14.56 billion in revenue for fiscal year 2025 (ended December 31, 2025). It sits at the top of the composition list on this page. Segment mix can shift materially year over year, especially after acquisitions, divestitures, or new-product launches — the expand-modal view shows the full trajectory.

How current is TRGP's segment data?

Targa Resources Corp. (TRGP)'s segment breakdown on this page is from its most recent annual filing, fiscal year 2025 (ended December 31, 2025). Segment disclosures are reported annually in the 10-K and refresh within 48 hours of each filing.

TRGP

Targa Resources Corp.

NYSE·Oil & Gas Midstream · Energy

$283.63$3.41+1.22%

Market cap$60.88B·Jul 22 2:10 PM UTC

Frequently Asked Questions About TRGP

What are TRGP's business segments?: Targa Resources Corp. (TRGP) reports revenue by product line and geographic region in its 10-K segment disclosures. The composition lists on this page show the most recent breakdown; the expanded table view shows the multi-year transposed history.
Which segment generates the most revenue for TRGP?: Targa Resources Corp.'s largest reported segment is Logistics And Transportation, at $14.56 billion in revenue for fiscal year 2025 (ended December 31, 2025). It sits at the top of the composition list on this page. Segment mix can shift materially year over year, especially after acquisitions, divestitures, or new-product launches — the expand-modal view shows the full trajectory.
How current is TRGP's segment data?: Targa Resources Corp. (TRGP)'s segment breakdown on this page is from its most recent annual filing, fiscal year 2025 (ended December 31, 2025). Segment disclosures are reported annually in the 10-K and refresh within 48 hours of each filing.

TRGP

Targa Resources Corp.

NYSE·Oil & Gas Midstream · Energy

$283.63$3.41+1.22%

Market cap$60.88B·Jul 22 2:10 PM UTC

By Product

Latest period2025

Segment	Revenue	Share	YoY Growth %
Logistics And Transportation	$14.56B	66.4%	+3.8%
Gathering And Processing	$7.42B	33.8%	+8.9%
Corporate Non Segment And Inter Segment Elimination	−$32.40M	−0.1%	−15.3%

By Geography

Latest period2025

Segment	Revenue	Share	YoY Growth %
Logistics And Transportation	$14.56B	66.3%	+3.8%
Gathering And Processing	$7.42B	33.7%	+8.9%

Frequently Asked Questions About TRGP

What are TRGP's business segments?: Targa Resources Corp. (TRGP) reports revenue by product line and geographic region in its 10-K segment disclosures. The composition lists on this page show the most recent breakdown; the expanded table view shows the multi-year transposed history.
Which segment generates the most revenue for TRGP?: Targa Resources Corp.'s largest reported segment is Logistics And Transportation, at $14.56 billion in revenue for fiscal year 2025 (ended December 31, 2025). It sits at the top of the composition list on this page. Segment mix can shift materially year over year, especially after acquisitions, divestitures, or new-product launches — the expand-modal view shows the full trajectory.
How current is TRGP's segment data?: Targa Resources Corp. (TRGP)'s segment breakdown on this page is from its most recent annual filing, fiscal year 2025 (ended December 31, 2025). Segment disclosures are reported annually in the 10-K and refresh within 48 hours of each filing.