Loading company financials…
NYSE · Natural Gas Transmission · CIK 0001389170
$290.05
+0.77% · delayed 15 min
$62.26B market value
What this company does
Targa Resources supplies electricity, gas or water. It took in $17.03B last year, which makes it a large company. Of every dollar it sells, about 11 cents is left as profit.
A published bankruptcy-risk model places it in its distress range.
Altman Z-Score 1.02
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Strong finances across the board.
From Targa Resources Corp.'s FY2025 annual filing · share price scored separately
Every check behind the three models, and what each one tests
Measured against FY2024, from the 10-K
Improved: +20.5%
$14.14B to $17.03B
Improved: +46.6%
$1.31B to $1.92B
Improved: +14.0 pts
24.3% to
It makes a profit rather than burning through money.
$1.92B earned last year
Day-to-day operations generate real cash, not just accounting profit.
$3.92B cash from operations
Sales are growing quickly.
up 20.5% on last year
More bills fall due within a year than it holds in short-term assets.
0.67x cover on near-term bills
A widely used bankruptcy-risk model places it in its distress range.
Altman Z 1.02
Filter by minute, hour, day or week
Loading price history…
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 2.3% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 11 cents of every dollar of sales as profit, earning $1.92B last year.
What it earns, what it keeps, and what it costs to run — all from the same filing
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Figures from the FY2025 annual filing
Last year it earned $1.92B and generated $3.92B of cash from operations.
Reported annual figures
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Estimated from how often this has happened before, not a confirmed date.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Go deeper
Every figure above traces back to one of these filings.
Straight from SEC EDGAR — the original source for every figure above
| Filing | Filed | Covers to |
|---|---|---|
| Major event announcement(8-K) | 2026-08-25 | 2026-08-19 |
| Quarterly report(10-Q) | 2026-08-06 | 2026-06-30 |
Financial figures are from TRGP's 10-K for fiscal year 2025 (period ending 2025-12-31), reported under the US GAAP taxonomy. View the source filing. Total liabilities were not tagged directly and were calculated as assets minus equity.
7 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
1.02
In the distress zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
-3.13
Below the threshold — nothing unusual flagged
Scores above -1.78 are the ones the model associates with earnings manipulation.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Improved: +2.0 pts
9.3% to 11.3%
Deteriorated: -14.6%
$683.9M to $584.1M
Deteriorated: +23.0%
$14.17B to $17.43B
Improved: +5.6%
$157.3M to $166.1M
Improved: -1.4%
217.8M to 214.7M
Changed: +12.4%
$2.97B to $3.33B
Figures compare the two most recent annual filings — read the latest one. Nothing here reads the management commentary, which is where a company explains its own numbers.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
Yes, quickly. Sales grew 20.5% last year.
Manageable, but notable. Clearing its debt would take about 4.4 years of cash flow. For every $1 it owes, it owns $1.14 in assets. A bankruptcy-risk model also places it in its distress range.
Expensive. Investors pay $32.4 for every $1 of yearly profit, so a lot of future growth is already priced in.
Nothing unusual. Its accounting patterns look like those of companies that report earnings straightforwardly.
At a glance
| Major event announcement(8-K) | 2026-08-06 | 2026-08-06 |
| Major event announcement(8-K) | 2026-07-17 | 2026-07-16 |
| Major event announcement(8-K) | 2026-07-06 | 2026-07-01 |
| Major event announcement(8-K) | 2026-05-22 | 2026-05-21 |
| Quarterly report(10-Q) | 2026-05-07 | 2026-03-31 |
| Major event announcement(8-K) | 2026-05-07 | 2026-05-07 |
| Shareholder voting information(DEF 14A) | 2026-03-26 | 2026-05-21 |
| Major event announcement(8-K) | 2026-03-02 | 2026-03-02 |
| Major event announcement(8-K) | 2026-02-26 | 2026-02-25 |
| Annual report(10-K) | 2026-02-19 | 2025-12-31 |
| Major event announcement(8-K) | 2026-02-19 | 2026-02-19 |
| Major event announcement(8-K) | 2025-11-12 | 2025-11-12 |
| Major event announcement(8-K) | 2025-11-07 | 2025-11-06 |
| Quarterly report(10-Q) | 2025-11-05 | 2025-09-30 |
| Major event announcement(8-K) | 2025-11-05 | 2025-11-05 |
| Quarterly report(10-Q) | 2025-08-07 | 2025-06-30 |
| Major event announcement(8-K) | 2025-08-07 | 2025-08-07 |
| Major event announcement(8-K) | 2025-08-06 | 2025-08-01 |
Coverage from the last 30 days
Targa Resources (TRGP) vs. ExxonMobil (XOM): Which Stock Is the Better Energy Bet?
Yahoo Finance ·
Targa Resources Extends Growth Runway With New Permian Projects, RBC Says
Yahoo Finance ·
Targa grants new CFO hefty long-term incentive
Yahoo Finance ·
Targa Resources Corp. Announces Addition of Experienced Industry Executive and Leadership Changes to Support Continued Long-Term Growth
Yahoo Finance ·
How Targa's ExxonMobil Deal Could Extend Its Permian Growth Runway
Yahoo Finance ·
Targa Resources (TRGP) Stock Sees Modest Fair Value Lift After Bullish Analyst Revisions
Yahoo Finance ·
This Energy Stock Is Spiking Now; Its Exxon Deal Smells Like AI
Yahoo Finance ·
Targa Secures Long-Term ExxonMobil Agreements Across the Permian
Yahoo Finance ·
Targa Resources (TRGP) Stock Looks Fairly Valued Following Its 7x Five Year Run
Yahoo Finance ·
Targa Resources (TRGP) Is Up 7.4% After Record Q2 Earnings, Higher Guidance, And Dividend Hike
Yahoo Finance ·
Targa Resources Q2 Earnings Beat Estimates, Revenues Miss
Yahoo Finance ·
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains? (Revised)
Yahoo Finance ·
Primary sources and further research