Targa Resources Corp.

NYSE:TRGP Rapport sur les actions

Capitalisation boursière : US$59.3b

Targa Resources Résultats passés

Passé contrôle des critères 5/6

Targa Resources a connu une croissance annuelle moyenne de ses bénéfices de 42.9%, tandis que le secteur Oil and Gas a vu ses bénéfices augmenter de en hausse à 8.9% par an. Les revenus ont augmenté de en hausse à un taux moyen de 1.9% par an. Le rendement des capitaux propres de Targa Resources est 66.2% et ses marges nettes sont de 12.8%.

Informations clés

42.89%

Taux de croissance des bénéfices

43.93%

Taux de croissance du BPA

Oil and Gas Croissance de l'industrie33.67%
Taux de croissance des recettes1.88%
Rendement des fonds propres66.21%
Marge nette12.80%
Dernière mise à jour des bénéfices31 Mar 2026

Mises à jour récentes des performances passées

Recent updates

Mise à jour du récit May 10

TRGP: Permian Expansion And 2026 Capex Plan Will Support Dividend Growth

The Targa Resources analyst price target has been adjusted modestly higher to $266.80, with analysts pointing to updated growth capex plans, higher forecast EBITDA and shifts in applied P/E multiples as key inputs behind the change. Analyst Commentary Recent research on Targa Resources has been active, with a series of price target revisions and rating changes clustered around updated growth capex plans, EBITDA forecasts and applied P/E multiples.
Mise à jour du récit Apr 23

TRGP: Permian Buildout And Higher 2026 Capex Will Support Dividend Outlook

Analysts have nudged the fair value estimate for Targa Resources higher, lifting the implied price target by about $4 to $264. This move is supported by a series of recent target increases that reflect updated growth projects, higher long term multiples and refined EBITDA forecasts across the Street.
Seeking Alpha Apr 19

Targa Resources: Growth Supports A Dividend Hike With More To Come

Summary Targa Resources has outperformed, gaining 38% since November, driven by a differentiated growth profile and robust cash flow. TRGP increased its dividend by 25% to $1.25, with expectations for continued rapid dividend growth as major projects come online. 90% of TRGP’s cash flow is now fee-based, supporting a more resilient model and improved dividend sustainability amid a strong balance sheet. I maintain a buy rating with a $265 price target, citing TRGP’s prime Permian position, export strategy, and compelling medium-term growth outlook. Read the full article on Seeking Alpha
Mise à jour du récit Apr 09

TRGP: Permian Buildout And Higher 2026 Capex Will Support Dividend Outlook

Analysts have raised the Targa Resources price target by about $6 to reflect updated views on revenue, profit margins and future P/E, supported by a series of recent target increases across major research firms. Analyst Commentary Recent research updates cluster around higher price targets and largely constructive views on Targa Resources, but they also flag execution and capital allocation questions that matter if you are focused on risk and return balance.
Mise à jour du récit Mar 26

TRGP: Permian Expansion And Elevated 2026 Capex Will Support Dividend Growth

The analyst price target for Targa Resources has been updated from $244.40 to $253.67. Analysts cite higher forecast profit margins, increased growth capex plans through 2026 and beyond, and updated models following recent Q4 results as key drivers of their revised views.
Mise à jour du récit Mar 11

TRGP: Permian Buildout And Higher 2026 Capex Will Support Dividend Expansion

The analyst price target for Targa Resources in our model has increased by about $13.75 to $244.40, as analysts factor in stronger revenue growth assumptions, updated profit margin expectations, and higher valuation multiples following a series of upward target revisions across the Street. Analyst Commentary Recent research updates show a clear tilt toward higher valuation frameworks for Targa Resources, with multiple firms lifting their price targets following the latest Q4 report, updated capital plans, and revised margin assumptions.
Mise à jour du récit Feb 24

TRGP: Permian Buildout And Dividend Plan Will Support Balanced Future Cash Returns

The analyst fair value estimate for Targa Resources has moved from $212.40 to $230.65. Analysts attribute this change to updated models after Q4 results, stronger medium- to long-term growth assumptions including three Permian processing plants per year, and recent Street price target increases into the $220 to $243 range.
Article d’analyse Feb 12

Targa Resources Corp.'s (NYSE:TRGP) 27% Jump Shows Its Popularity With Investors

The Targa Resources Corp. ( NYSE:TRGP ) share price has done very well over the last month, posting an excellent gain...
Mise à jour du récit Feb 09

TRGP: Permian Volumes And Diversification Will Underpin Balanced Future Cash Returns

Narrative Update on Targa Resources The updated analyst price target for Targa Resources edges higher to about US$212.40. Analysts point to recent target revisions, slight tweaks to growth, margins and discount rate assumptions, and ongoing confidence in the company’s diversified, multi segment footprint as key drivers of the change.
Mise à jour du récit Jan 25

TRGP: Permian Volumes And Diversification Will Support Measured Future Cash Returns

Narrative Update: Targa Resources Analyst Price Target Shift The analyst price target for Targa Resources has moved higher to US$212.05, with analysts pointing to refined assumptions around revenue growth, profit margins and future P/E, alongside recent research highlighting Q3 outperformance, diversified midstream exposure and solid Permian volume trends as key supports for the updated view. Analyst Commentary Recent research on Targa Resources highlights a mix of optimism around execution and growth, alongside some caution on macro sensitivity and the midstream sector reset in price targets.
Mise à jour du récit Jan 11

TRGP: Permian Volume Momentum And Diversification Will Support Future Cash Returns

Analysts have trimmed their average price targets on Targa Resources by about US$1 per share, reflecting modest adjustments to growth and discount rate assumptions, while still highlighting Q3 outperformance, diversified operations and Permian volume momentum as key supports for the valuation. Analyst Commentary Street research on Targa Resources reflects small downward moves in price targets, but commentary still leans constructive on execution, earnings quality and asset positioning.
Mise à jour du récit Dec 26

TRGP: Expanding Permian Volumes Will Drive Future Cash Returns And Buybacks

The analyst price target for Targa Resources has been lifted modestly, from approximately $208.90 to $209.40, as analysts point to resilient Q3 results, diversified midstream exposure, and stronger than expected Permian growth prospects despite slightly lower Street price objectives. Analyst Commentary Bullish Takeaways Bullish analysts highlight that Q3 results exceeded expectations, reinforcing confidence in management execution and supporting a premium valuation multiple versus the midstream peer group.
Mise à jour du récit Dec 11

TRGP: Expanded Permian Volumes Will Support Future Cash Returns And Buybacks

Analysts have trimmed their average price targets on Targa Resources by a few dollars per share to roughly the high $180s to low $200s range, reflecting modestly softer macro assumptions. At the same time, they highlight the company's diversified midstream footprint, resilient Permian growth outlook, and improving cash return profile.
Mise à jour du récit Nov 27

TRGP: Expanding Permian Volumes Will Drive Profitability Amid Market Uncertainty

Analysts have modestly raised their fair value estimate for Targa Resources to $208.00. They cite the company's solid profit margins and commercial growth prospects, even though there have been broad reductions in sector price targets.
Mise à jour du récit Sep 20

Permian And Export Developments Will Drive Long-Term Success

Despite Targa Resources' resilient Permian volumes, robust cash flow prospects, and investor focus on capital returns, analysts modestly lowered price targets—now $205.30—citing sector-wide valuation concerns and near-term growth already reflected in the stock after a significant rally. Analyst Commentary Bullish analysts cite Targa's strong positioning for natural gas, LNG, and natural gas liquid infrastructure expansion, underpinned by robust global power demand and high-quality asset selection.
Mise à jour du récit Aug 29

Permian And Export Developments Will Drive Long-Term Success

Analysts have modestly raised their price target for Targa Resources to $207.95, citing strong fundamentals, resilient cash flows, and ongoing strength in Permian volumes, though some caution that substantial stock appreciation has fully reflected growth potential. Analyst Commentary Bullish analysts cite Targa’s strong fundamentals, resilient cash flows, and the ability to return capital to shareholders as reasons for increased price targets, especially given expectations for higher volumes and stable producer activity in the Permian.
Article d’analyse Aug 03

These 4 Measures Indicate That Targa Resources (NYSE:TRGP) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Article d’analyse Jul 18

Targa Resources Corp.'s (NYSE:TRGP) P/E Is On The Mark

With a price-to-earnings (or "P/E") ratio of 30.2x Targa Resources Corp. ( NYSE:TRGP ) may be sending very bearish...
Article d’analyse May 29

Is Targa Resources Corp. (NYSE:TRGP) Trading At A 44% Discount?

Key Insights Targa Resources' estimated fair value is US$286 based on 2 Stage Free Cash Flow to Equity Targa Resources...
Seeking Alpha Mar 21

Targa Resources May Still Interest Growth Investors

Summary Targa Resources Corporation, a $43.5 billion market cap gas midstream company focused on NGLs, offers a dividend yield of $3.00/share (1.5%) with an expected increase to $2.00/share (2.0%). The company dominates a much needed natural gas processing capacity niche in the Permian Basin. Waha prices remain pressured, which benefits Targa. Targa’s stock price is up over 50% in less than a year, but the company has good growth projects underway. Read the full article on Seeking Alpha
Seeking Alpha Feb 06

Targa Resources: From Commodity Exposure To Fee-Based Stability

Summary Over the past decade, Targa has transformed into a fee-based midstream operator. The company’s growth is driven by expanding assets in the Permian Basin, increasing processing capacity, and enhancing infrastructure. Despite its focus on fee-based revenue, strong cash flow, and capital allocation, I have some concerns about its high reinvestment rate, high debt-capital ratio, and low cash position. TRGP is well-positioned for long-term stability and growth. However, my valuation showed that there is no margin of safety at the current market price. Read the full article on Seeking Alpha
Seeking Alpha Nov 11

Targa Resources: Assuming The Past Never Happens Again

Summary Target Resources cut its dividend in 2020 to repay debt faster, reflecting its aggressive growth strategy. Midstream earnings are protected by "take-or-pay" contracts, but growth often slows during cyclical downturns (of customer upstream companies). The cyclical nature of the upstream business means growth will eventually slow, affecting stock performance. TRGP's rapid dividend growth, recently increased to $4 from $3, highlights its aggressive strategy, making it atypical for midstream investments. The time to invest in a company like this is when it is out of favor. Read the full article on Seeking Alpha
Seeking Alpha Aug 06

Targa Resources: Large Growth Potential With High Capex Spending

Summary Targa Resources is a high-growth midstream play whose assets provide an integrated system to deliver NGLs from the wellhead to export terminals. The company is very comparable to Enterprise Products in many ways. However, due to its smaller size, TRGP will realize a larger growth rate. With an estimated 13% CAGR, I rate TRGP as a buy with an initial price target of $180/share. Read the full article on Seeking Alpha

Ventilation des recettes et des dépenses

Comment Targa Resources gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.


Historique des gains et des recettes

NYSE:TRGP Recettes, dépenses et bénéfices (USD Millions )
DateRecettesLes revenusDépenses G+ADépenses de R&D
31 Mar 2616,5622,1201,7390
31 Dec 2517,0281,8411,7040
30 Sep 2517,3781,6151,6580
30 Jun 2517,0791,5241,6240
31 Mar 2516,3811,1951,5940
31 Dec 2416,3821,2701,5610
30 Sep 2416,2161,2311,5220
30 Jun 2416,2611,0651,4860
31 Mar 2416,1021,0951,4510
31 Dec 2316,0608281,4270
30 Sep 2316,3768681,4070
30 Jun 2317,8398441,3790
31 Mar 2320,4918901,3130
31 Dec 2220,9308971,2230
30 Sep 2221,8172441,1600
30 Jun 2220,9162111,0770
31 Mar 2218,276-1281,0380
31 Dec 2116,950-161,0200
30 Sep 2114,0813199970
30 Jun 2111,7371959610
31 Mar 219,8442109380
31 Dec 208,260-1,6859530
30 Sep 208,161-1,8289370
30 Jun 207,949-1,9449860
31 Mar 208,421-2,0341,0440
31 Dec 198,671-3349840
30 Sep 198,795-3271,0880
30 Jun 199,879-3021,0760
31 Mar 1910,328-1821,0200
31 Dec 1810,484-1199790
30 Sep 1810,5892729300
30 Jun 189,7351298770
31 Mar 189,158788560
31 Dec 178,815-638260
30 Sep 178,125-4978010
30 Jun 177,645-3397850
31 Mar 177,361-4207640
31 Dec 166,691-2787410
30 Sep 166,326-727080
30 Jun 166,306-197060
31 Mar 166,421497150
31 Dec 156,659587020
30 Sep 157,044576810
30 Jun 157,700756490

Des revenus de qualité: TRGP a des bénéfices de haute qualité.

Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de TRGP sont plus élevées que l'année dernière TRGP. (12.8%) sont plus élevées que l'année dernière (7.3%).


Analyse des flux de trésorerie disponibles par rapport aux bénéfices


Analyse de la croissance passée des bénéfices

Tendance des revenus: Les bénéfices de TRGP ont augmenté de manière significative de 42.9% par an au cours des 5 dernières années.

Accélération de la croissance: La croissance des bénéfices de TRGP au cours de l'année écoulée ( 77.3% ) dépasse sa moyenne sur 5 ans ( 42.9% par an).

Bénéfices par rapport au secteur d'activité: La croissance des bénéfices TRGP au cours de l'année écoulée ( 77.3% ) a dépassé celle du secteur Oil and Gas -1.7%.


Rendement des fonds propres

ROE élevé: Bien que le retour sur capitaux propres ( 66.21% ) de TRGP soit exceptionnel, cette mesure est faussée en raison de son niveau d'endettement élevé.


Rendement des actifs


Rendement des capitaux employés


Découvrir des entreprises performantes dans le passé

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/20 05:30
Cours de l'action en fin de journée2026/05/20 00:00
Les revenus2026/03/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Targa Resources Corp. est couverte par 33 analystes. 8 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Ethan BellamyBaird
Richard GrossBarclays
Theresa ChenBarclays