Targa Resources Förvaltning
Förvaltning kriterier kontrolleras 2/4
Targa Resources VD är Matt Meloy, utsedd i Mar 2020, har en mandatperiod på 6.17 år. totala årliga ersättningen är $ 21.47M, bestående av 5.5% lön 94.5% bonusar, inklusive företagsaktier och optioner. äger direkt 0.33% av företagets aktier, värda $ 192.81M. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 3.1 år respektive 9 år.
Viktig information
Matt Meloy
Verkställande direktör
US$21.5m
Total ersättning
| VD-lön i procent | 5.45% |
| Anställning som VD | 6.2yrs |
| Ägande av VD | 0.3% |
| Ledningens genomsnittliga anställningstid | 3.1yrs |
| Styrelsens genomsnittliga mandatperiod | 9yrs |
Senaste uppdateringar av ledningen
Recent updates
Uppdatering av berättelse • 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.Uppdatering av berättelse • 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 AlphaUppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Analysartikel • 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...Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Analysartikel • 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...Analysartikel • 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...Analysartikel • 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 AlphaSeeking 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 AlphaSeeking 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 AlphaSeeking 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 AlphaAnalys av ersättningar till VD
| Datum | Total ersättning | Lön | Företagets resultat |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$2b |
| Dec 31 2025 | US$21m | US$1m | US$2b |
| Sep 30 2025 | n/a | n/a | US$2b |
| Jun 30 2025 | n/a | n/a | US$2b |
| Mar 31 2025 | n/a | n/a | US$1b |
| Dec 31 2024 | US$16m | US$1m | US$1b |
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$14m | US$970k | US$828m |
| Sep 30 2023 | n/a | n/a | US$868m |
| Jun 30 2023 | n/a | n/a | US$844m |
| Mar 31 2023 | n/a | n/a | US$890m |
| Dec 31 2022 | US$15m | US$900k | US$897m |
| Sep 30 2022 | n/a | n/a | US$244m |
| Jun 30 2022 | n/a | n/a | US$211m |
| Mar 31 2022 | n/a | n/a | -US$128m |
| Dec 31 2021 | US$15m | US$875k | -US$16m |
| Sep 30 2021 | n/a | n/a | US$319m |
| Jun 30 2021 | n/a | n/a | US$195m |
| Mar 31 2021 | n/a | n/a | US$210m |
| Dec 31 2020 | US$12m | US$780k | -US$2b |
| Sep 30 2020 | n/a | n/a | -US$2b |
| Jun 30 2020 | n/a | n/a | -US$2b |
| Mar 31 2020 | n/a | n/a | -US$2b |
| Dec 31 2019 | US$6m | US$588k | -US$334m |
Ersättning vs marknad: Matt s total kompensation ($USD 21.47M ) är över genomsnittet för företag av liknande storlek på US marknaden ($USD 14.80M ).
Ersättning vs inkomst: Ersättningen för Matt har ökat med mer än 20 % det senaste året.
VD OCH KONCERNCHEF
Matt Meloy (47 yo)
6.2yrs
Anställning
US$21,470,708
Kompensation
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...
Ledningsgrupp
| Namn | Position | Anställning | Kompensation | Ägarskap |
|---|---|---|---|---|
| CEO & Director | 6.2yrs | US$21.47m | 0.33% $ 192.8m | |
| President | 1.2yrs | US$8.91m | 0.089% $ 52.0m | |
| Chief Financial Officer | 1.8yrs | US$5.37m | 0.0034% $ 2.0m | |
| President of Gathering & Processing | 10.5yrs | US$6.31m | 0.13% $ 74.8m | |
| Chief Commercial Officer | 8.2yrs | US$6.31m | 0.079% $ 45.6m | |
| Senior VP & Chief Accounting Officer | 1.2yrs | inga uppgifter | 0.0066% $ 3.8m | |
| VP of Investor Relations & Fundamentals | no data | inga uppgifter | inga uppgifter | |
| Executive VP | 2.4yrs | inga uppgifter | 0.016% $ 9.5m | |
| Executive Vice President of Permian | 3.8yrs | inga uppgifter | inga uppgifter | |
| President of Logistics & Transportation | 2.2yrs | inga uppgifter | 0.014% $ 7.9m | |
| Senior VP of Finance & Treasurer | 3.1yrs | inga uppgifter | inga uppgifter | |
| Vice President of Finance | 9.1yrs | inga uppgifter | inga uppgifter |
3.1yrs
Genomsnittlig anställningstid
48yo
Genomsnittlig ålder
Erfaren ledning: TRGP s ledningsgrupp anses vara erfaren ( 3.1 års genomsnittlig anställningstid).
Styrelseledamöter
| Namn | Position | Anställning | Kompensation | Ägarskap |
|---|---|---|---|---|
| CEO & Director | 6.2yrs | US$21.47m | 0.33% $ 192.8m | |
| Observer | 10.3yrs | inga uppgifter | inga uppgifter | |
| Independent Director | 14.3yrs | US$328.05k | 0.074% $ 43.0m | |
| Independent Director | 20.6yrs | US$313.05k | 0.36% $ 209.7m | |
| Independent Director | 20.6yrs | US$313.05k | 0.031% $ 18.0m | |
| Independent Director | 2.2yrs | US$313.05k | 0.0016% $ 958.7k | |
| Chairman of the Board | 5.3yrs | US$525.34k | 0.24% $ 138.2m | |
| Independent Director | 2.3yrs | US$313.05k | 0.0037% $ 2.1m | |
| Lead Independent Director | 13.3yrs | US$338.05k | 0.015% $ 8.8m | |
| Independent Director | 7.7yrs | US$333.05k | 0.011% $ 6.1m | |
| Independent Director | 10.8yrs | US$328.05k | 0.0040% $ 2.3m | |
| Independent Director | 5.9yrs | US$313.05k | 0.0050% $ 2.9m |
9.0yrs
Genomsnittlig anställningstid
65yo
Genomsnittlig ålder
Erfaren styrelse: TRGP s styrelse anses vara erfaren ( 9 års genomsnittlig mandatperiod).
Företagsanalys och finansiella data Status
| Uppgifter | Senast uppdaterad (UTC-tid) |
|---|---|
| Analys av företag | 2026/05/21 03:53 |
| Aktiekurs vid dagens slut | 2026/05/21 00:00 |
| Intäkter | 2026/03/31 |
| Årlig intjäning | 2025/12/31 |
Datakällor
Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.
| Paket | Uppgifter | Tidsram | Exempel US-källa |
|---|---|---|---|
| Företagets finansiella ställning | 10 år |
| |
| Analytikernas konsensusuppskattningar | +3 år |
|
|
| Marknadspriser | 30 år |
| |
| Ägarskap | 10 år |
| |
| Förvaltning | 10 år |
| |
| Viktiga utvecklingstendenser | 10 år |
|
* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.
Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.
Analysmodell och snöflinga
Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.
Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.
Industri- och sektormått
Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.
Källor för analytiker
Targa Resources Corp. bevakas av 33 analytiker. 8 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.
| Analytiker | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Richard Gross | Barclays |
| Theresa Chen | Barclays |