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Targa Resources (TRGP)
NYSE:TRGP
US Market
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Targa Resources (TRGP) Operating Income by Segment

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Operating Income by Segment

Measures profit from each business unit after operating costs, showing which segments drive earnings and where margins are expanding or contracting. Highlights the parts of the business that convert revenue into cash most efficiently and where cost or volume changes are affecting overall profitability.
Gathering & Processing and Logistics & Transportation are the durable earnings engines—both show sustained upward momentum that aligns with management’s record Permian inlet volumes, fractionation throughput and pipeline capacity additions—while the “Other” line is erratic, driven by marketing gains, one‑offs and integration effects that add significant quarter-to-quarter noise. The guidance raise reflects confidence that ongoing egress and downstream projects will turn that underlying capacity into more reliable EBITDA, but Waha-basis shut‑ins and occasional export outages keep near‑term volume and Other‑line volatility elevated.
Date
Other
Gathering & Processing
Logistics & Transportation
Jun 30, 2026
$103.10M$732.60M$948.30M
Mar 31, 2026
-$110.30M$703.50M$773.30M
Dec 31, 2025
-$500.00K$611.80M$799.00M
Sep 30, 2025
-$36.50M$637.60M$710.20M
Jun 30, 2025
$280.50M$587.60M$632.40M
Mar 31, 2025
-$248.80M$602.20M$646.70M
Dec 31, 2024
-$78.20M$599.10M$656.10M
Sep 30, 2024
-$17.70M$584.30M$619.20M
Jun 30, 2024
-$46.60M$572.60M$547.70M
Mar 31, 2024
-$22.10M$556.40M$532.10M