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Targa Resources Corp. Stock Price

NYSE:TRGP Community·US$55.6b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 40 Fair Values set on narratives written by author

TRGP Share Price Performance

US$263.52
91.06 (52.80%)
US$285.33
Fair Value
US$263.52
91.06 (52.80%)
7.6% undervalued intrinsic discount
US$285.33
Fair Value
Price US$263.52
AnalystConsensusTarget US$285.33

TRGP Community Narratives

·
Fair Value US$285.33 7.6% undervalued intrinsic discount

Permian And Export Developments Will Drive Long-Term Success

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US$285.33
7.6% undervalued intrinsic discount
Revenue
15.71% p.a.
Profit Margin
12.23%
Future PE
23.81x
Price in 2029
US$350.59

Trending Discussion

Updated Narratives

TRGP logo

TRGP: Permian Volumes And Insider Selling Will Shape Future Shareholder Returns

Fair Value: US$285.33 7.6% undervalued intrinsic discount
17 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
n/a
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

Seeking Alpha Jul 01

Targa Resources: Growth And Cash Flow Inflection Support The Rally

Summary Targa Resources remains a 'Buy' as its Permian Basin NGL midstream footprint drives double-digit EBITDA and dividend growth. TRGP's aggressive growth cap-ex program addresses pent-up Permian demand and positions it to benefit from secular U.S. energy export growth. EBITDA guidance was raised to $5.7–$5.9 billion, with cap-ex set to decline, unlocking significant free cash flow and supporting substantial future dividend increases. I now see fair value at $290–$300, driven by inflecting free cash flow, a potential $14.50 dividend, and ongoing U.S. export market share gains. Read the full article on Seeking Alpha
Narrative Update Jun 22

TRGP: Permian Volumes And Insider Selling Will Shape Future Shareholder Returns

The analyst price target for Targa Resources has been nudged higher to reflect a fair value estimate of about $285. This view is supported by Street research citing expectations for sustained volume growth, potential marketing and export benefits, and what analysts describe as a more supportive earnings backdrop through the end of the decade.
Analysis Article Jun 16

Targa Resources (TRGP) Stock Could Be 8% Undervalued After Recent Share Price Weakness

Targa Resources (TRGP) has drawn fresh attention after recent share performance data showed a decline of about 4% over the past month, alongside a gain of roughly 9% over the past 3 months. See our latest analysis for Targa Resources. At a share price of $262.33, Targa Resources has seen short term momentum cool, with the 1 day share price return down 3.77% and the 30 day share price return down 3.55%. This comes even as the year to date share price return of 40.46% and the very strong 5 year...

Recent updates

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