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Targa Resources (TRGP)
NYSE:TRGP
TRGP Stock Chart & Stats
$182.37
$1.80(0.96%)
At close: 4:00 PM EST
$182.37
$1.80(0.96%)
Day’s Range― - ―
52-Week Range$144.14 - $218.51
Previous CloseN/A
Volume271.93K
Average Volume (3M)1.58M
Market Cap
$37.87B
Enterprise Value$53.52B
Total Cash (Recent Filing)$223.90M
Total Debt (Recent Filing)$17.43B
Price to Earnings (P/E)23.7
Beta0.82
Next Earnings
Feb 19, 2026EPS Estimate
2.31Next Dividend Ex-DateN/A
Dividend Yield2.06%
Share Statistics
EPS (TTM)2.21
Shares Outstanding214,658,570
10 Day Avg. Volume1,736,384
30 Day Avg. Volume1,581,074
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 Cap1.41
Enterprise Value/Revenue3.06
Enterprise Value/Gross Profit13.73
Enterprise Value/Ebitda11.54
Forecast
1Y Price Target
$209.00Price Target Upside14.60% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Dividend And Shareholder ReturnsThe company expects to increase its dividend 25% next year and continue to opportunistically buy back shares.
Earnings And Financial PerformanceThe company's earnings exceeded expectations, driven by better-than-expected volumes and strong performance in natural gas and NGL marketing.
Permian Basin GrowthTarga has announced two new projects in the Permian Basin, highlighting confidence in continued growth.
Bears Say
Capital ExpenditureThe 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 $37.87B.
When is Targa Resources’s upcoming earnings report date?
Targa Resources’s upcoming earnings report date is Feb 19, 2026 which is in 62 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 2.06%. See more information on Targa Resources dividends here
What is Targa Resources’s EPS estimate?
Targa Resources’s EPS estimate is 2.31.
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
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
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:
$209.00 (14.60% Upside)
$209.00 (14.60% Upside)
Blogger Sentiment
Bullish
TRGP Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 232.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.9%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.86%
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. is a leading provider of natural gas and natural gas liquids services in the United States. Headquartered in Houston, Texas, the company operates through two primary segments: the Natural Gas Gathering and Processing segment, which focuses on the collection and processing of natural gas, and the Natural Gas Liquids segment, which is involved in the transportation, fractionation, and marketing of NGLs. Targa's extensive pipeline infrastructure and processing facilities enable it to serve a diverse customer base, including producers, marketers, and industrial end-users.
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
16.42% Gathering and Processing
84.59% Logistics and Transportation
-1.00% Other
TRGP Stock 12 Month Forecast
Average Price Target
$209.00
▲(14.60% Upside)
Technical Analysis
Ownership Overview
1.47% Insiders
33.19% Mutual Funds
18.76% Other Institutional Investors
18.43% Public Companies and
Individual Investors