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Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow3.92 B USD3.65 B USD3.21 B USD2.38 B USD2.30 B USD1.74 B USD1.39 B USD1.14 B USD939.50 M USD837.40 M USD1.03 B USD761.80 M USD
Depreciation & Amortization1.52 B USD1.42 B USD1.33 B USD1.10 B USD870.60 M USD865.10 M USD971.60 M USD815.90 M USD809.50 M USD757.70 M USD677.10 M USD351.00 M USD
Stock-Based Compensation69.50 M USD63.20 M USD62.40 M USD57.50 M USD59.20 M USD66.20 M USD60.30 M USD56.30 M USD42.30 M USD29.70 M USD25.00 M USD14.30 M USD
Capital Expenditures3.33 B USD2.97 B USD2.39 B USD1.33 B USD505.10 M USD951.60 M USD2.88 B USD3.11 B USD1.30 B USD562.10 M USD817.20 M USD762.20 M USD
Cash Flow from Investing-3.64 B USD-3.02 B USD-2.40 B USD-4.15 B USD-473.20 M USD-738.10 M USD-3.07 B USD-3.15 B USD-1.89 B USD-558.60 M USD-2.40 B USD-751.40 M USD
Cash Flow from Financing-266.60 M USD-612.80 M USD-888.10 M USD1.83 B USD-1.91 B USD-1.09 B USD1.78 B USD2.10 B USD1.02 B USD-345.50 M USD1.42 B USD3.90 M USD
Dividends Paid179.00 M USD113.00 M USD
Stock Buybacks3.30 M USD2.60 M USD
Free Cash Flow584.10 M USD683.90 M USD826.20 M USD1.05 B USD1.80 B USD792.90 M USD-1.49 B USD-1.97 B USD-358.00 M USD275.30 M USD217.50 M USD-400000 USD

Targa Resources Corp. is a midstream energy company that provides infrastructure for the gathering, processing, transportation, storage, and fractionation of natural gas and natural gas liquids. The company operates a network of assets across major U.S. production regions, including the Permian Basin, and supports the movement of hydrocarbons from wellhead to market. Its business also includes natural gas liquids pipelines, fractionation facilities, and export operations that help connect supply with domestic and international demand. Targa Resources Corp. plays an important role in the energy value chain by enabling the handling and distribution of key feedstocks used in fuel, petrochemical, and industrial markets.