Targa Resources (TRGP) Stock Overview
Together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
TRGP Community Fair Values
Create NarrativeSee what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.
Targa Resources Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$163.19 |
| 52 Week High | US$218.51 |
| 52 Week Low | US$140.90 |
| Beta | 1.13 |
| 1 Month Change | -4.63% |
| 3 Month Change | -0.87% |
| 1 Year Change | 14.55% |
| 3 Year Change | 136.88% |
| 5 Year Change | 786.90% |
| Change since IPO | 560.69% |
Recent News & Updates
These 4 Measures Indicate That Targa Resources (NYSE:TRGP) Is Using Debt Extensively
Aug 03
Targa Resources Corp.'s (NYSE:TRGP) P/E Is On The Mark
Jul 18Recent updates
These 4 Measures Indicate That Targa Resources (NYSE:TRGP) Is Using Debt Extensively
Aug 03Targa Resources Corp.'s (NYSE:TRGP) P/E Is On The Mark
Jul 18Targa Resources: Underappreciated Resilience Supports Upside
Jun 05Is Targa Resources Corp. (NYSE:TRGP) Trading At A 44% Discount?
May 29Targa Resources Corp. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 05Targa Resources (NYSE:TRGP) Is Paying Out A Larger Dividend Than Last Year
Apr 14Here's Why We Think Targa Resources (NYSE:TRGP) Is Well Worth Watching
Apr 06Targa Resources May Still Interest Growth Investors
Mar 21Why Investors Shouldn't Be Surprised By Targa Resources Corp.'s (NYSE:TRGP) P/E
Feb 06Targa Resources: From Commodity Exposure To Fee-Based Stability
Feb 06We Think Targa Resources (NYSE:TRGP) Is Taking Some Risk With Its Debt
Dec 22Targa Resources Corp. (NYSE:TRGP) Shares Could Be 29% Above Their Intrinsic Value Estimate
Nov 21Targa Resources: Assuming The Past Never Happens Again
Nov 11Should You Be Adding Targa Resources (NYSE:TRGP) To Your Watchlist Today?
Nov 03What You Can Learn From Targa Resources Corp.'s (NYSE:TRGP) P/E
Oct 16We Think Targa Resources (NYSE:TRGP) Is Taking Some Risk With Its Debt
Aug 30Targa Resources: Large Growth Potential With High Capex Spending
Aug 06Targa Resources: Improving Ebitda And Possible Upside Potential
May 03Targa: 2024 Shaping Up To Be A Good Year
Mar 06Targa Resources: Promising Growth Prospects But Almost Full Valuation
Dec 05Shareholder Returns
| TRGP | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -1.2% | 0.3% | 1.0% |
| 1Y | 14.6% | -2.9% | 17.0% |
Return vs Industry: TRGP exceeded the US Oil and Gas industry which returned -3% over the past year.
Return vs Market: TRGP underperformed the US Market which returned 17.1% over the past year.
Price Volatility
| TRGP volatility | |
|---|---|
| TRGP Average Weekly Movement | 3.7% |
| Oil and Gas Industry Average Movement | 5.8% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 17.2% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: TRGP has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: TRGP's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 3,370 | Matt Meloy | www.targaresources.com |
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, 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.
Targa Resources Corp. Fundamentals Summary
| TRGP fundamental statistics | |
|---|---|
| Market cap | US$35.12b |
| Earnings (TTM) | US$1.52b |
| Revenue (TTM) | US$17.08b |
Is TRGP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TRGP income statement (TTM) | |
|---|---|
| Revenue | US$17.08b |
| Cost of Revenue | US$10.98b |
| Gross Profit | US$6.10b |
| Other Expenses | US$4.57b |
| Earnings | US$1.52b |
Last Reported Earnings
Jun 30, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.08 |
| Gross Margin | 35.70% |
| Net Profit Margin | 8.92% |
| Debt/Equity Ratio | 610.2% |
How did TRGP perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/17 15:38 |
| End of Day Share Price | 2025/08/15 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Targa Resources Corp. is covered by 41 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Richard Gross | Barclays |
| Theresa Chen | Barclays |