PHP for parsing files

Can PHP go through a .html file of .txt file on the same server and parse it's contents?

I need it to go through a file and get values from tables from various file types.
eg:
<tr><td>Value1</td></tr>
<tr><td>value2</td></tr>
would return

Value1
Value2

Thanks in advance.

strip_tags() does the job..

even though it's not a php file but a html file?

Sure, it's just text to php, look into fread()