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Targa Resources Corp. Stock Price

NYSE:TRGP Community·US$58.0b 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$0
-159.09 (-100.00%)
US$266.80
Fair Value
US$0
-159.09 (-100.00%)
Price US$0

TRGP Community Narratives

·
Fair Value US$266.8 3.7% overvalued intrinsic discount

Permian And Export Developments Will Drive Long-Term Success

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US$266.8
3.7% overvalued intrinsic discount
Revenue
16.34% p.a.
Profit Margin
11.11%
Future PE
23.43x
Price in 2029
US$326.26

Trending Discussion

Updated Narratives

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

Fair Value: US$266.8 3.7% overvalued intrinsic discount
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Snowflake Analysis

Solid track record with moderate growth potential.

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

Narrative Update 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.

Recent updates

No updates