Targa Resources Inc (TRGP)

Currency in USD
278.34
+4.53(+1.65%)
Real-time Data·
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Fair Value
Day's Range
273.91279.00
52 wk Range
144.14280.00
Key Statistics
Prev. Close
273.81
Open
276.04
Day's Range
273.91-279
52 wk Range
144.14-280
Volume
199.48K
Average Volume (3m)
1.26M
1-Year Change
59.6158%
Book Value / Share
14.6
Fair Value
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Fair Value Upside
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TRGP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
285.71
Upside
+2.65%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth

Targa Resources Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

20 Buy
3 Hold
0 Sell
Ratings:
23 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 285.71
(+2.65% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Wells Fargo
Buy270.00-3.01%-New CoverageJun 29, 2026
Erste Group
Buy---New CoverageJun 25, 2026
Barclays
Buy270.00-3.01%262.00MaintainJun 23, 2026
Jefferies
Buy314.00+12.80%-New CoverageJun 18, 2026
Mizuho
Buy300.00+7.77%260.00MaintainMay 27, 2026

Targa Resources Inc SWOT Analysis


NGL Market Leade
Explore Targa Resources Corp.'s dominant position in the Natural Gas Liquids sector, leveraging its strong Permian Basin presence for sustained growth
Financial Resilience
Delve into TRGP's robust financial health, with a market cap of $35.3 billion and projected EPS growth, despite volatile energy market conditions
Strategic Expansion
Learn about TRGP's growth strategies, focusing on Gathering & Processing operations expansion and downstream asset development for long-term stability
Market Outlook
Analyst consensus recommendation of 1.41, with price targets ranging from $157 to $240, reflecting confidence in TRGP's market position and growth potential
Read full SWOT analysis

Targa Resources Inc Earnings Call Summary for Q1/2026

  • Targa Resources Q1 2026 EPS of $2.50 beat estimates by 0.81%, but revenue of $4.09B missed forecasts by 13.71%, causing 0.55% stock decline.
  • Company raised full-year adjusted EBITDA guidance by $300M to $5.7B-$5.9B range, citing recent acquisitions and optimization opportunities.
  • Q1 adjusted EBITDA rose 5% sequentially to $1.4B despite severe winter weather and weak natural gas prices impacting operations significantly.
  • Targa achieved record Permian Basin natural gas inlet volumes while continuing infrastructure expansion with multiple projects scheduled for completion.
  • Stock recovered to $264.04, near 52-week high, with 60% annual return; management emphasized business model resilience amid market challenges.
Last Updated: 2026-05-14, 11:44 a/m
Read Full Transcript

Earnings

Latest Release
May 07, 2026
EPS / Forecast
2.50 / 2.48
Revenue / Forecast
4.09B / 4.74B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 9.80%
Dividend Yield
1.90%
Industry Median 4.04%
Annualized payout
5.00
Paid quarterly
5-Years Growth
+60.42%
Growth Streak

TRGP Income Statement

Compare TRGP to Peers and Sector

Metrics to compare
TRGP
Peers
Sector
Relationship
P/E Ratio
27.8x18.3x5.1x
PEG Ratio
0.35−1.690.00
Price/Book
18.8x5.2x1.1x
Price / LTM Sales
3.6x3.1x1.4x
Upside (Analyst Target)
4.1%4.8%34.5%
Fair Value Upside
Unlock5.7%8.2%Unlock

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
122.51M57.08%32.28B
Other Institutional Investors
86.92M40.50%22.91B
Public Companies & Retail Investors
5.21M2.43%1.37B
Total
214.64M100.00%56.56B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.9.57%20,541,5735,413,115
Wellington Management Group LLP7.01%15,043,4613,964,253

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FAQ

What Is the Targa Resources (TRGP) Stock Price Today?

The Targa Resources stock price today is 278.34 USD.

What Stock Exchange Does Targa Resources Trade On?

Targa Resources is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Targa Resources?

The stock symbol for Targa Resources is "TRGP."

Does Targa Resources Pay Dividends? What’s The Current Dividend Yield?

The Targa Resources dividend yield is 1.83%.

What Is the Targa Resources Market Cap?

As of today, Targa Resources market cap is 59.59B USD.

What Is Targa Resources's Earnings Per Share (TTM)?

The Targa Resources EPS (TTM) is 9.80.

When Is the Next Targa Resources Earnings Date?

Targa Resources will release its next earnings report on Jul 30, 2026.

From a Technical Analysis Perspective, Is TRGP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Targa Resources Stock Split?

Targa Resources has split 0 times.

How Many Employees Does Targa Resources Have?

Targa Resources has 3570 employees.

What is the current trading status of Targa Resources (TRGP)?

As of Jul 08, 2026, Targa Resources (TRGP) is trading at a price of 278.34 USD, with a previous close of 273.81 USD. The stock has fluctuated within a day range of 273.91 USD to 279.00 USD, while its 52-week range spans from 144.14 USD to 280.00 USD.

What Is Targa Resources (TRGP) Price Target According to Analysts?

The average 12-month price target for Targa Resources is 285.71 USD, with a high estimate of 331 USD and a low estimate of 245 USD. 20 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +2.65% Upside potential.

What Is the TRGP Premarket Price?

TRGP's last pre-market stock price is 278.00 USD. The pre-market share volume is 890.00, and the stock has decreased by 4.19, or 1.53%.

What Is the TRGP After Hours Price?

TRGP's last after hours stock price is 274.28 USD, the stock has decreased by 0.47, or 0.17%.
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