Targa Resources Corp.

NYSE:TRGP 주식 리포트

시가총액: US$59.3b

Targa Resources 경영진

경영진 기준 점검 2/4

Targa Resources CEO는 Matt Meloy, Mar2020 에 임명되었습니다 의 임기는 6.17 년입니다. 총 연간 보상은 $21.47M, 5.5% 급여 및 94.5% 보너스(회사 주식 및 옵션 포함)로 구성됩니다. 는 $196.74M 가치에 해당하는 회사 주식의 0.33% 직접 소유합니다. 경영진과 이사회의 평균 재임 기간은 3.1 년과 9 년입니다.

핵심 정보

Matt Meloy

최고경영자

US$21.5m

총 보수

CEO 급여 비율5.45%
CEO 재임 기간6.2yrs
CEO 지분 보유율0.3%
경영진 평균 재임 기간3.1yrs
이사회 평균 재임 기간9yrs

최근 경영진 업데이트

Recent updates

내러티브 업데이트 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.
내러티브 업데이트 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
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
분석 기사 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...
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
분석 기사 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...
분석 기사 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...
분석 기사 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

CEO 보수 분석

Matt Meloy의 보수는 Targa Resources의 수익에 비해 어떻게 변했나요?
날짜총 보수급여회사 수익
Mar 31 2026n/an/a

US$2b

Dec 31 2025US$21mUS$1m

US$2b

Sep 30 2025n/an/a

US$2b

Jun 30 2025n/an/a

US$2b

Mar 31 2025n/an/a

US$1b

Dec 31 2024US$16mUS$1m

US$1b

Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$1b

Mar 31 2024n/an/a

US$1b

Dec 31 2023US$14mUS$970k

US$828m

Sep 30 2023n/an/a

US$868m

Jun 30 2023n/an/a

US$844m

Mar 31 2023n/an/a

US$890m

Dec 31 2022US$15mUS$900k

US$897m

Sep 30 2022n/an/a

US$244m

Jun 30 2022n/an/a

US$211m

Mar 31 2022n/an/a

-US$128m

Dec 31 2021US$15mUS$875k

-US$16m

Sep 30 2021n/an/a

US$319m

Jun 30 2021n/an/a

US$195m

Mar 31 2021n/an/a

US$210m

Dec 31 2020US$12mUS$780k

-US$2b

Sep 30 2020n/an/a

-US$2b

Jun 30 2020n/an/a

-US$2b

Mar 31 2020n/an/a

-US$2b

Dec 31 2019US$6mUS$588k

-US$334m

보상 대 시장: Matt의 총 보수(USD21.47M)는 US 시장에서 비슷한 규모 기업의 평균(USD14.79M)보다 높습니다.

보상과 수익: Matt의 보상은 지난 1년 동안 20% 이상 증가했습니다.


CEO

Matt Meloy (47 yo)

6.2yrs
재임 기간
US$21,470,708
보수

Mr. Matthew J. Meloy, also known as Matt, is Chief Executive Officer and the General Partner of Targa Resources Partners LP since March 1, 2020. He served as Director of Targa Resources GP LLC since March...


리더십 팀

이름직위재임 기간보수지분
Matthew Meloy
CEO & Director6.2yrsUS$21.47m0.33%
$ 196.7m
Jennifer Kneale
President1.2yrsUS$8.91m0.089%
$ 53.1m
William Byers
Chief Financial Officer1.8yrsUS$5.37m0.0034%
$ 2.0m
Patrick McDonie
President of Gathering & Processing10.5yrsUS$6.31m0.13%
$ 76.3m
Robert Muraro
Chief Commercial Officer8.2yrsUS$6.31m0.079%
$ 46.5m
John Eklof
Senior VP & Chief Accounting Officer1.2yrs데이터 없음0.0066%
$ 3.9m
Tristan Richardson
VP of Investor Relations & Fundamentalsno data데이터 없음데이터 없음
Gerald Shrader
Executive VP2.4yrs데이터 없음0.016%
$ 9.7m
Denny Latham
Executive Vice President of Permian3.8yrs데이터 없음데이터 없음
Benjamin Branstetter
President of Logistics & Transportation2.2yrs데이터 없음0.014%
$ 8.1m
Joel Thomas
Senior VP of Finance & Treasurer3.1yrs데이터 없음데이터 없음
Sanjay Lad
Vice President of Finance9.1yrs데이터 없음데이터 없음
3.1yrs
평균 재임 기간
48yo
평균 나이

경험이 풍부한 관리: TRGP의 경영진은 경험이 있음으로 간주됩니다(평균 재임 3.1 년).


이사회 구성원

이름직위재임 기간보수지분
Matthew Meloy
CEO & Director6.2yrsUS$21.47m0.33%
$ 196.7m
Randy Christofferson
Observer10.3yrs데이터 없음데이터 없음
Joe Perkins
Independent Director14.3yrsUS$328.05k0.074%
$ 43.9m
Rene Joyce
Independent Director20.6yrsUS$313.05k0.36%
$ 214.0m
Charles Crisp
Independent Director20.6yrsUS$313.05k0.031%
$ 18.4m
Caron Lawhorn
Independent Director2.2yrsUS$313.05k0.0016%
$ 978.2k
Paul Chung
Chairman of the Board5.3yrsUS$525.34k0.24%
$ 141.0m
Robert Teague
Independent Director2.3yrsUS$313.05k0.0037%
$ 2.2m
Laura Fulton
Lead Independent Director13.3yrsUS$338.05k0.015%
$ 9.0m
Beth Bowman
Independent Director7.7yrsUS$333.05k0.011%
$ 6.2m
Waters Davis
Independent Director10.8yrsUS$328.05k0.0040%
$ 2.3m
Lindsey Cooksen
Independent Director5.9yrsUS$313.05k0.0050%
$ 2.9m
9.0yrs
평균 재임 기간
65yo
평균 나이

경험이 풍부한 이사회: TRGP의 이사회경험이 있음으로 간주됩니다(평균 재임 9 년).


기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/20 02:04
종가2026/05/20 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

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산업 및 섹터 지표

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분석가 소스

Targa Resources Corp.는 33명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Ethan BellamyBaird
Richard GrossBarclays
Theresa ChenBarclays