![]() Targa Resources Targa Resources is a midstream natural gas company, that operates, acquires and develops a diversified portfolio of complementary midstream energy assets. | ![]() Magellan Midstream Partners Magellan Midstream Partners is a trading company, which is primarily engaged in transportation, storage and distribution of refined petroleum products. | |
Founding Date | Founding Date 2006 | Founding Date 2000 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Houston, US HQ | Locations Tulsa, US HQ |
Employees | Employees 3,3706% increase | Employees 1,8841% increase |
Valuation ($) | Valuation ($) 36 b | Valuation ($) 13.9 b |
Financial | ||
Revenue (est.) | Revenue (est.) $17b (FY, 2025) | Revenue (est.) $3.2b (FY, 2022) |
Cost of goods | Cost of goods $10.5b (FY, 2025) | Cost of goods $592.1m (FY, 2022) |
Gross profit | Gross profit $6.5b (FY, 2025) | Gross profit $2.6b (FY, 2022) |
Net income | Net income $2b (FY, 2025) | Net income $859.2m (FY, 2022) |

Magellan Midstream Partners is a trading company, which is primarily engaged in transportation, storage and distribution of refined petroleum products.
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