On this page of Benford's Law Stocks.com we present our study of Targa Resources Corp. — ticker symbol TRGP. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/6/2020 to 5/1/2025 for Targa Resources Corp. under CIK number 0001389170. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for TRGP, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Targa Resources Corp. based on the past TRGP filings our system processed in the past.
28.1
19.5
11.9
9.8
7.6
8.6
5.8
3.9
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, TRGP stockholder letter ]
Total numbers found: 847
Recent share count: 217,585,332 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
847
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
83

Starting from a possible score of 100, we made the following score deductions:
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
TRGP
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
PLOW
S
YUM
ALOT
PVL
SKLZ
WMS
AKYA
Check our work! We provide our Targa Resources Corp. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the TRGP filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 238 numbers that start with the digit 1. Here they are:
151.4
157.3
1,403.3
1,618.3
191.1
124.6
18,405.6
18,062.7
1,895.9
1,977.4
193.3
170.3
179.1
1,889.8
163.7
121.5
167.3
15,548.3
13,786.9
194.4
1,295.3
1,190.0
1,886.3
1,714.4
121.2
1,825.8
197.1
1.7
1.23
1.22
16.1
1.4
15.4
17.6
14.6
1.5
147.0
169.3
147.6
14,025.0
13,840.0
100.0
1,993.9
14.6
10.8
124.9
123.7
1.8
17.9
1,800.0
1.3
167.2
116.6
147.0
157.3
141.7
151.4
109.9
1,190.0
1,714.4
1,825.8
17.6
17.6
124.9
124.9
164.5
164.5
1,709.2
1,779.7
1,295.3
1,886.3
121.2
17,484
1,870.3
14.6
14.6
1,165
1,186
1,186
123.7
123.7
112.4
112.4
1.8
1.8
19,110
1,057.7
1,873.7
1.8
100
11,663.0
11,575.0
1,477.2
1,469.1
198.6
1,555.4
1,702.9
11,775.5
11,496.7
18,405.6
18,062.7
1,895.9
1,977.4
1,130.5
1,000.0
1,000.0
1,000.0
1,000.0
1,000.0
1,000.0
1,000.0
1,000.0
1,000.0
1,000.0
1,000.0
1,000.0
15,419.2
13,635.5
106.7
15,548.3
13,786.9
16,208.7
14,174.6
17.6
1.0
1.0
150.0
1.0
1.0
191.86
124.9
1,186,444
104.26
123.7
1.00
1.00000
165.2
163.6
1.6
1.2
198.8
1.23
1.22
1.1
1.1
12,971
100,000
15,455
1,208
16.5
11.7
15.3
11.0
138.3
177.9
15.5
167.3
194.4
108.9
170.2
188.1
137.9
1.4
1.4
194.4
144.2
107.5
109.0
1.4
1.4
108.9
109.0
167.3
1
1
167.3
1.1
1.1
13.4
140.2
1.2
1.2
14.6
140.7
11.3
108.4
108.4
108.4
151.4
151.4
157.3
157.3
1,130.5
1,130.5
1,130.5
140
10.0
120.5
119.9
173.5
13.2
13.6
16.2
1,517.0
1,576.4
1,576.4
1,517.2
1,583.7
1,583.7
1,583.7
1,382.6
1,248.9
13,727.9
174.7
10.4
1,131.0
1,177.9
1,177.9
1,128.8
1,182.6
1,182.6
1,814.8
1,182.6
188.1
1,070.3
1,088.5
12,815.6
157.3
1.1
117.0
137.2
131.8
125.7
14.8
1,248.9
1,088.5
197.1
1.7
We found 165 numbers that start with the digit 2. Here they are:
216,931,859
2.5
256.2
2,076.2
2,296.3
25.3
217.6
22,800.3
22,734.1
2,012.5
269.1
2
2
242,328,035
217,461,060
241,764,105
217,763,821
27.5
24,866,975
24,000,284
2,451.5
2,592.4
2,572.7
22,800.3
22,734.1
278.0
228.6
2.8
279.8
270.5
275.2
200.0
275.2
217.9
222.8
218.7
223.7
279.8
26.1
2.5
27.7
21.4
258.4
280.9
249.1
223.5
279.8
2.8
2.4
248.8
22.0
217.1
23.8
2.5
2
25,432.0
25,642.5
25.0
29.3
230.3
217,764
2
27.5
24,000
216
216
21.4
21.4
270.5
279.8
217,461
2
24,867
2,572.7
222,611
2
275.2
222,150
2
205.3
29,559.4
2,482.1
2,400.6
286.1
247.2
279.8
252.2
234.0
214.1
29.4
235.8
240.4
2.6
2.0
2.0
20.4
218.9
216.9
2.0
270.5
275.2
200.0
275.2
2.2
273.0
217.9
222.8
218.7
223.7
288,329
28,918
29.0
28.2
20.8
295.8
21.8
218.6
25.3
259.3
204.2
21.7
21.7
24.2
25.3
258.8
259.3
285.2
265.2
259.2
259.2
259.2
2,065.6
21
21
268.2
2.6
200.7
248.8
202.0
248.8
2
2,193.0
248.8
208.2
248.8
22,549.0
251.3
22,800.3
272.7
22.1
206.7
22.1
2.2
22.1
278.1
22.1
20,685.7
20,846.1
293.6
285.2
291.3
248.8
22.1
228.6
2.8
We found 101 numbers that start with the digit 3. Here they are:
334.3
34.7
336.0
362.7
387.7
3,198.1
3,172.6
384.6
392.3
3,036.2
3,089.1
3,884.4
3,942.4
3,257.8
3,218.0
303.6
367.6
340.5
3
352.0
332.6
332.6
33.8
3.2
332.6
3.9
3.7
367.6
340.5
3.9
39.8
36.5
31.8
3,089.1
3,036.2
3,058.8
36.5
36.5
332.6
3,073.4
33.9
3
30,181.1
326.0
330.0
387.7
35.2
3.5
3.5
3.5
309,158
30,477
3,770
362.7
34.7
328.7
3.0
34.0
34.0
362.7
3.0
33.3
34.7
308.1
348.4
37.1
37.1
345.6
38.0
33.8
3.2
31.9
330.0
330.0
330.0
315.8
340.9
3
3,932.5
3,884.4
303.7
3,458.8
3,691.8
3,964.5
3,942.4
3,898.5
3,952.3
3,330.2
3.1
3,376.8
3,345.7
3,977.5
3.2
31.9
35.1
3,884.4
3,942.4
367.6
340.5
3
352.0
4's 5's 6's
We found 83 numbers that start with the digit 4. Here they are:
450,000,000
4,418.2
4,561.5
4,562.4
415.3
4.7
43.4
46.5
4,418.2
46.5
46.5
4.7
4.7
492.0
4,610.0
440
440
4,577.6
45
4,344.2
4,131.5
412.5
401.3
4,378.0
4,378.0
4.200
4.950
4.875
4.000
4.7
4.8
4.7
4.00
4
4.6
40.7
4.5
473.7
4.8
40.3
40.3
4.2
46.1
46.1
448.2
448.2
4,966.2
4,966.2
4,928.0
4,928.0
47.8
409.7
4,133.2
475.1
4,134.5
4,810.3
4,561.5
4,201.0
4,561.5
4,841.4
45.2
45.2
45.2
433.2
413.3
4,584.5
4,562.4
46.9
4.7
4.7
4,562.4
4,400.5
45.2
45.2
45.2
435.0
494.6
4,175.7
469.0
405.9
4,561.5
4,562.4
415.3
We found 64 numbers that start with the digit 5. Here they are:
5.3
543.3
5.5
57.4
54.2
51.7
57.4
56.9
5.5
5.6
53.2
5.9
564
5
5
50
55.8
55.8
51.7
51.7
57.4
559.7
537.7
57.7
5.200
5.500
5.550
500.0
500.0
5.000
5.500
5.550
5.2
5.3
5.2
500.0
5.550
553,855
58.9
50.8
557.1
516.8
557.1
5
5
5.3
5
5
556.6
556.6
556.6
5,034.4
5,034.4
500,000
5.9
54.4
59.4
53.8
5,767.1
556.4
532.1
5
5.3
5.5
We found 73 numbers that start with the digit 6. Here they are:
61.8
660.4
6.1
677.1
620.0
639.4
6.1
6.3
67.1
64.5
669.8
6
677.9
600.0
651
651
6.1
6
6
654.1
600.0
60.4
660.4
6.150
6.125
6.500
6.250
6.500
6.125
6.500
6.875
679.3
679.3
600.0
600.0
6.125
6
6.125
6.1
651,163
66.9
6.5
61.8
6.3
6.3
6.2
61.7
61.8
62.5
63.0
6.1
631.1
600.0
600.0
600.0
6.9
677.1
677.1
675.8
66.5
6,394.0
602.2
646.7
607.9
618.3
620.0
620.0
686.0
6.9
681.9
6.1
677.1
620.0
7's 8's 9's
We found 49 numbers that start with the digit 7. Here they are:
7
74.2
72.2
70.5
7.7
70.3
7
79.8
78.8
792.2
7
7
7
75
70.5
7
7
70.5
750.0
750.0
750.0
750.0
750.0
750.0
705.2
705.2
700.3
700.3
75000
70.5
71.6
74.2
74.2
74.2
7.8
77.7
77.7
70.3
7,470.6
7,438.6
7,438.6
7.1
7.3
7.3
7,870.1
728.6
729.7
76.8
73.6
We found 33 numbers that start with the digit 8. Here they are:
872.1
86.5
82.7
876.4
813.3
870.0
85.6
896.9
81.5
850.0
850.0
89.0
8.9
890.5
8
81,583
81,604
8,000
8,249
87.1
83.4
80.3
87.1
87.3
87.3
85.9
87.1
87.0
87.0
87.0
8
8,821.1
86.5
We found 41 numbers that start with the digit 9. Here they are:
92.0
902.2
94.5
9.3
91
91
9.3
954.4
9.4
9.3
9,963.8
9,543.3
93.3
920.0
900.0
900.0
949.6
949.6
9.4
920.0
9
91
91
959
92.0
9.2
9.2
9.3
91.5
9.0
92.0
9.0
920.0
920.0
920.0
9,464.8
9,480.9
9,480.9
95.5
90.0
94.5
While the above TRGP 10Q Filed 5/1/2025 is interesting in isolation, we have found that it is also useful to take a look at older Targa Resources Corp. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/1/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical TRGP 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

28.1
19.5
11.9
9.8
7.6
8.6
5.8
3.9
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 847

= Typical TRGP range from 8/6/2020 to 5/1/2025
30.0
19.1
11.2
8.9
7.8
9.3
5.6
4.5
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 1,186

= Typical TRGP range from 8/6/2020 to 5/1/2025
31.7
20.1
12.3
9.6
8.2
4.2
5.9
4.2
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,225

= Typical TRGP range from 8/6/2020 to 5/1/2025
28.8
18.0
12.3
10.7
8.3
5.5
5.8
5.7
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,814

= Typical TRGP range from 8/6/2020 to 5/1/2025
28.7
20.4
10.1
10.7
8.5
4.9
6.1
5.4
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 890

= Typical TRGP range from 8/6/2020 to 5/1/2025
31.9
23.6
9.4
8.3
5.0
4.8
6.2
4.6
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 821

= Typical TRGP range from 8/6/2020 to 5/1/2025
29.8
19.6
11.2
13.0
7.2
4.8
5.2
4.9
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 1,240

= Typical TRGP range from 8/6/2020 to 5/1/2025
31.8
16.5
11.8
8.4
9.8
6.5
5.6
4.7
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,772

= Typical TRGP range from 8/6/2020 to 5/1/2025
29.5
16.5
12.9
10.2
9.7
8.2
6.1
5.1
1.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 831

= Typical TRGP range from 8/6/2020 to 5/1/2025
29.8
19.4
11.5
11.4
6.7
7.2
5.0
4.5
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,216

= Typical TRGP range from 8/6/2020 to 5/1/2025
29.6
18.8
12.0
11.2
8.4
5.4
6.2
4.6
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,353

= Typical TRGP range from 8/6/2020 to 5/1/2025
29.5
18.3
11.3
10.7
7.4
6.0
6.2
5.8
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,890

= Typical TRGP range from 8/6/2020 to 5/1/2025
27.8
19.2
11.7
9.6
8.8
6.2
6.0
5.0
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 1,965

= Typical TRGP range from 8/6/2020 to 5/1/2025
32.1
17.0
10.9
8.4
8.3
7.0
7.2
3.4
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 1,204

= Typical TRGP range from 8/6/2020 to 5/1/2025
30.0
17.5
11.4
10.1
9.8
6.1
5.9
5.0
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,747

= Typical TRGP range from 8/6/2020 to 5/1/2025
30.4
20.4
11.1
10.8
7.3
6.2
5.7
4.8
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 859

= Typical TRGP range from 8/6/2020 to 5/1/2025
28.0
18.0
10.3
13.1
8.8
6.5
6.2
4.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,291

= Typical TRGP range from 8/6/2020 to 5/1/2025
30.2
21.6
10.2
12.3
5.6
7.1
5.0
3.9
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 1,176

= Typical TRGP range from 8/6/2020 to 5/1/2025
29.8
20.1
10.0
8.8
8.9
6.9
5.8
5.1
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,301

= Typical TRGP range from 8/6/2020 to 5/1/2025
 

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