Shares Outstanding for Targa Resources (TRGP)
According to Targa Resources's latest reported financial statements, the company's latest reported diluted shares outstanding is 215.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
TRGP
Currently viewingShares OutstandingSwitch metric
Latest period
215.00M
YoY change
-2.8%
5Y CAGR
-1.5%
Peak year (2019)
232.50M
Latest annual
215.00M
Shares Outstanding history chart for Targa Resources (TRGP) from 2008 to 2025
Shares Outstanding history table for Targa Resources (TRGP) from 2008 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 215.00M | -2.8% | ||
| 2024 | 221.30M | -2.1% | ||
| 2023 | 226.00M | -2.2% | ||
| 2022 | 231.10M | +1.1% | ||
| 2021 | 228.60M | -1.6% | ||
| 2020 | 232.20M | -0.1% | ||
| 2019 | 232.50M | +3.7% | ||
| 2018 | 224.20M | +8.4% | ||
| 2017 | 206.90M | +12.0% | ||
| 2016 | 184.72M | +244.6% | ||
| 2015 | 53.60M | +27.3% | ||
| 2014 | 42.10M | 0.0% | ||
| 2013 | 42.10M | +0.7% | ||
| 2012 | 41.80M | +1.0% | ||
| 2011 | 41.40M | -0.9% | ||
| 2010 | 41.80M | -1.2% | ||
| 2009 | 42.30M | 0.0% | ||
| 2008 | 42.30M | — |
Shares Outstanding values are taken from Targa Resources's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Targa Resources (TRGP) most recent annual diluted shares outstanding stands at 215.00M (2025) – edged down 2.8% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Targa Resources diluted shares outstanding compounded at -1.5% per year, with a net decline across the window.
Between 2019 and 2025, Targa Resources diluted shares outstanding declined 7.5%, falling from 232.50M to 215.00M.
232.50M stands as the all-time-high annual diluted shares outstanding, posted in 2019, against a low of 41.40M during 2011.
Within Energy, Targa Resources (TRGP) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 1.37B.
Targa Resources Shares Outstanding by Year
Targa Resources Shares Outstanding 2025: 215.00M
Targa Resources diluted shares outstanding in 2025 was 215.00M, edged down 2.8% below 2024.
Targa Resources Shares Outstanding 2024: 221.30M
Targa Resources diluted shares outstanding in 2024 was 221.30M, edged down 2.1% below 2023.
Targa Resources Shares Outstanding 2023: 226.00M
Targa Resources diluted shares outstanding in 2023 was 226.00M, edged down 2.2% below 2022.
Targa Resources Shares Outstanding 2022: 231.10M
Targa Resources diluted shares outstanding in 2022 was 231.10M, edged up 1.1% from 2021.
Targa Resources Shares Outstanding 2021: 228.60M
Targa Resources diluted shares outstanding in 2021 was 228.60M.
See more financial history for Targa Resources (TRGP).
Sector peers — Shares Outstanding
Companies in the same sector as Targa Resources, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | 4.30B | Energy |
| Enbridge Inc. (ENB) | 2.19B | Energy |
| Chevron Corporation (CVX) | 1.86B | Energy |
| SLB N.V. (SLB) | 1.49B | Energy |
| ConocoPhillips (COP) | 1.25B | Energy |
| The Williams Companies, Inc. (WMB) | 1.22B | Energy |
| EOG Resources, Inc. (EOG) | 539.23M | Energy |
| Valero Energy Corporation (VLO) | 309.00M | Energy |
Frequently asked questions
What is Targa Resources's diluted shares outstanding?
- Latest reported diluted shares outstanding for Targa Resources (TRGP) is 215.00M (period ending December 31, 2025).
How has Targa Resources diluted shares outstanding changed year-over-year?
- Targa Resources (TRGP) diluted shares outstanding changed -2.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Targa Resources diluted shares outstanding?
- Targa Resources (TRGP) diluted shares outstanding compound annual growth rate is -1.5% over the most recent 5 years available.
When did Targa Resources diluted shares outstanding hit its highest annual value?
- Targa Resources diluted shares outstanding reached its highest annual value of 232.50M in 2019.
What was Targa Resources diluted shares outstanding in 2024?
- Targa Resources (TRGP) diluted shares outstanding in 2024 was 221.30M.
What was Targa Resources diluted shares outstanding in 2025?
- Targa Resources (TRGP) diluted shares outstanding in 2025 was 215.00M.
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