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Targa Resources (TRGP)
NYSE:TRGP
TRGP Stock Chart & Stats
$173.10
$1.80(0.96%)
At close: 4:00 PM EST
$173.10
$1.80(0.96%)
Day’s Range― - ―
52-Week Range$144.14 - $218.51
Previous CloseN/A
Volume271.93K
Average Volume (3M)1.62M
Market Cap
$37.16B
Enterprise Value$53.52B
Total Cash (Recent Filing)$223.90M
Total Debt (Recent Filing)$17.43B
Price to Earnings (P/E)23.3
Beta0.83
Next Earnings
Feb 19, 2026EPS Estimate
2.26Last Dividend Ex-Date
Oct 31, 2025Dividend Yield2.17%
Share Statistics
EPS (TTM)2.21
Shares Outstanding214,658,570
10 Day Avg. Volume1,976,542
30 Day Avg. Volume1,624,993
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)15.16
Price to Sales (P/S)2.36
P/FCF Ratio57.47
Enterprise Value/Market Cap1.44
Enterprise Value/Revenue3.06
Enterprise Value/Gross Profit13.73
Enterprise Value/Ebitda11.54
Forecast
1Y Price Target
$207.54Price Target Upside19.90% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)8.49
Revenue Forecast (FY)$17.68B
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceThe company's earnings exceeded expectations, driven by better-than-expected volumes and strong performance in natural gas and NGL marketing.
Tax StrategyTarga does not expect to be a material cash taxpayer until post-2027, benefiting from recently approved tax legislation.
Volume GrowthTRGP's volume growth has three major drivers: Permian oil growth, Gas to Oil Ratio growth, and TRGP acreage outperformance.
Bears Say
Spending ConcernsThe company acknowledged elevated spend through 2026 with a FCF inflection late 2027.
Targa Resources News
TRGP FAQ
What was Targa Resources’s price range in the past 12 months?
Targa Resources lowest stock price was $144.14 and its highest was $218.51 in the past 12 months.
What is Targa Resources’s market cap?
Targa Resources’s market cap is $37.16B.
When is Targa Resources’s upcoming earnings report date?
Targa Resources’s upcoming earnings report date is Feb 19, 2026 which is in 93 days.
How were Targa Resources’s earnings last quarter?
Targa Resources released its earnings results on Nov 05, 2025. The company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $2.113 by $0.097.
Is Targa Resources overvalued?
According to Wall Street analysts Targa Resources’s price is currently Undervalued.
Does Targa Resources pay dividends?
Targa Resources pays a Quarterly dividend of $1 which represents an annual dividend yield of 2.17%. See more information on Targa Resources dividends here
What is Targa Resources’s EPS estimate?
Targa Resources’s EPS estimate is 2.26.
How many shares outstanding does Targa Resources have?
Targa Resources has 214,658,570 shares outstanding.
What happened to Targa Resources’s price movement after its last earnings report?
Targa Resources reported an EPS of $2.21 in its last earnings report, beating expectations of $2.113. Following the earnings report the stock price went up 5.253%.
Which hedge fund is a major shareholder of Targa Resources?
Currently, no hedge funds are holding shares in TRGP
Targa Resources Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$207.54 (19.90% Upside)
$207.54 (19.90% Upside)
Blogger Sentiment
Bullish
TRGP Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.64%
12-Months-Change
Fundamentals
Return on Equity
61.18%
Trailing 12-Months
Asset Growth
10.37%
Trailing 12-Months
Company Description
Targa Resources
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages 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. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it 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 operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.
TRGP Company Deck
TRGP Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, record-breaking volumes, and strategic growth initiatives, suggesting confidence in long-term growth. However, challenges such as temporary production shut-ins and elevated capital spending were noted.View all TRGP earnings summariesTRGP Revenue Breakdown
83.08% Logistics and Transportation
15.21% Gathering and Processing
1.72% Other
TRGP Stock 12 Month Forecast
Average Price Target
$207.54
▲(19.90% Upside)
Technical Analysis
Ownership Overview
1.49% Insiders
32.37% Mutual Funds
18.39% Other Institutional Investors
19.73% Public Companies and
Individual Investors