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Targa Resources Corp.NYSE:TRGP Stock Report

Market Cap US$53.3b
Share Price
US$250.73
US$253.67
1.2% undervalued intrinsic discount
1Y23.5%
7D1.9%
Portfolio Value
View

Targa Resources Corp.

NYSE:TRGP Stock Report

Market Cap: US$53.3b

Targa Resources (TRGP) Stock Overview

Owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. More details

TRGP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health2/6
Dividends3/6

TRGP Community Fair Values

Create Narrative

See what 36 others think this stock is worth. Follow their fair value or set your own to get alerts.

Targa Resources Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Targa Resources
Historical stock prices
Current Share PriceUS$250.73
52 Week HighUS$253.40
52 Week LowUS$144.14
Beta0.85
1 Month Change6.33%
3 Month Change35.90%
1 Year Change23.47%
3 Year Change235.74%
5 Year Change704.65%
Change since IPO915.10%

Recent News & Updates

Recent updates

Targa Resources: Loading The Chamber For Future Growth (Rating Upgrade)

Feb 13

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

Feb 12
Targa Resources Corp.'s (NYSE:TRGP) 27% Jump Shows Its Popularity With Investors

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

Aug 03
These 4 Measures Indicate That Targa Resources (NYSE:TRGP) Is Using Debt Extensively

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

Jul 18
Targa Resources Corp.'s (NYSE:TRGP) P/E Is On The Mark

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

May 29
Is Targa Resources Corp. (NYSE:TRGP) Trading At A 44% Discount?

Targa Resources Corp. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 05
Targa Resources Corp. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Targa Resources (NYSE:TRGP) Is Paying Out A Larger Dividend Than Last Year

Apr 14
Targa Resources (NYSE:TRGP) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think Targa Resources (NYSE:TRGP) Is Well Worth Watching

Apr 06
Here's Why We Think Targa Resources (NYSE:TRGP) Is Well Worth Watching

Targa Resources May Still Interest Growth Investors

Mar 21

Targa Resources: From Commodity Exposure To Fee-Based Stability

Feb 06

Targa Resources: Assuming The Past Never Happens Again

Nov 11

Targa Resources: Large Growth Potential With High Capex Spending

Aug 06

Shareholder Returns

TRGPUS Oil and GasUS Market
7D1.9%0.4%-0.6%
1Y23.5%27.6%16.0%

Return vs Industry: TRGP underperformed the US Oil and Gas industry which returned 30% over the past year.

Return vs Market: TRGP exceeded the US Market which returned 14% over the past year.

Price Volatility

Is TRGP's price volatile compared to industry and market?
TRGP volatility
TRGP Average Weekly Movement3.4%
Oil and Gas Industry Average Movement6.1%
Market Average Movement7.1%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.3%

Stable Share Price: TRGP has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TRGP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20053,570Matt Meloywww.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.

Targa Resources Corp. Fundamentals Summary

How do Targa Resources's earnings and revenue compare to its market cap?
TRGP fundamental statistics
Market capUS$53.29b
Earnings (TTM)US$1.84b
Revenue (TTM)US$17.03b
29.2x
P/E Ratio
3.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRGP income statement (TTM)
RevenueUS$17.03b
Cost of RevenueUS$10.51b
Gross ProfitUS$6.52b
Other ExpensesUS$4.68b
EarningsUS$1.84b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)8.57
Gross Margin38.29%
Net Profit Margin10.81%
Debt/Equity Ratio534.0%

How did TRGP perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
47%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/31 05:28
End of Day Share Price 2026/03/31 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Targa Resources Corp. is covered by 33 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ethan BellamyBaird
Richard GrossBarclays
Theresa ChenBarclays