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Targa Resources Corp. Stock Price

NYSE:TRGP Community·US$60.7b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 39 Fair Values set on narratives written by author

TRGP Share Price Performance

US$282.35
119.05 (72.90%)
US$291.05
Fair Value
US$282.35
119.05 (72.90%)
3.0% undervalued intrinsic discount
US$291.05
Fair Value
Price US$282.35
AnalystConsensusTarget US$291.05

TRGP Community Narratives

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Fair Value US$291.05 3.0% undervalued intrinsic discount

Permian And Export Developments Will Drive Long-Term Success

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US$291.05
3.0% undervalued intrinsic discount
Revenue
15.96% p.a.
Profit Margin
12.24%
Future PE
24.09x
Price in 2029
US$357.61

Trending Discussion

No trending discussion available.

Updated Narratives

TRGP logo

TRGP: Permian Expansion And Exports Will Shape Balanced Future Returns

Fair Value: US$291.05 3.0% undervalued intrinsic discount
16 users have set this as their fair value
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Snowflake Analysis

Solid track record second-rate dividend payer.

3 Risks
3 Rewards

Targa Resources Corp. Key Details

US$16.6b

Revenue

US$9.6b

Cost of Revenue

US$6.9b

Gross Profit

US$4.8b

Other Expenses

US$2.1b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
Aug 06, 2026
9.88
41.77%
12.80%
574.6%
View Full Analysis

About TRGP

Founded
2005
Employees
3570
CEO
Matthew Meloy
WebsiteView website
www.targaresources.com

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.

Recent TRGP News & Updates

Narrative Update Jul 16

TRGP: Permian Expansion And Exports Will Shape Balanced Future Returns

The analyst price target for Targa Resources has increased to $291.05 from $285.33. This reflects updated views from analysts who highlight resilient Permian volume expectations, potential marketing and export benefits, and a stronger earnings outlook supported by recent target increases across the midstream peer group.

Recent updates

No updates