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TRGP

Targa Resources Corp.

Energy · USD

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Price alert · TRGP

All alert types
314.99 USD +3.87 +1.24%
As of Oct 30, 2026 Extended hours 314.99 0.00%
Bid
314.72 × 100
Ask
315.07 × 200
312.21 Day range 316.60
151.24 52-week range 316.60
YTD
+70.73%
1 year
+107.89%
Open
313.76
Prev close
311.12
Mkt cap
67.54B
Vol
1.48M
Avg vol
1.18M
EPS
10.46
P/E
30.11
Div yield
1.60%
More statistics
Low
312.21
High
316.60
Forward P/E
26.00
Beta
0.80
Short ratio
4.76
Inst. own
97.91%
Dividend
5.00
Ex-div date
Oct 29, 2026
Earnings
Nov 5, 2026
50-d avg
290.07
200-d avg
258.94
1y target
330.19

5D chart

Chart tools
Interval
TRGP five-day price chart300.9304.8308.7312.7316.6Oct 26Oct 27Oct 28Oct 29Oct 30

Key statistics

Market cap
67.56B
Enterprise value
86.57B
Trailing P/E
30.12
Forward P/E
26.00
PEG ratio
1.25
Price / sales
4.04
Price / book
18.48
EPS (TTM)
10.46
Beta
0.80
Dividend yield
1.60%
Payout ratio
40.63%
Profit margin
13.54%
Revenue (TTM)
16.74B
Revenue growth
4.20%
Free cash flow
65.84M
Total cash
132.30M
Total debt
19.58B
Return on equity
70.84%
Shares outstanding
214.43M
Short % of float
3.05%
50-day average
290.07
200-day average
258.94

Analyst view

Consensus: strong buy

Strong buy
Price target (mean) 330.19 +4.8% upside
Target (low)
294.00
Target (mean)
330.19
Target (high)
359.00
Ratings (0m) 22 21 buy · 1 hold · 0 sell
  • Strong buy6
  • Buy15
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Nov 5, 2026

Expected Nov 5, 2026. Consensus EPS estimate 2.86.

Earnings history

Financials — quick view

All financials
TRGP Revenue — quarterly 4.44B
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
TRGP Net income — quarterly 764.60M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
TRGP EPS — quarterly 3.54
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

TRGP recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 5, 2026Sep 30, 20262.74———
Aug 6, 2026Jun 30, 20262.833.54+0.71+25.09%
May 7, 2026Mar 31, 20262.482.21-0.27-10.89%
Feb 19, 2026Dec 31, 20252.302.51+0.21+9.13%
Nov 5, 2025Sep 30, 20252.112.20+0.09+4.27%
Aug 7, 2025Jun 30, 20251.862.87+1.01+54.30%

Upgrades / downgrades

TRGP analyst upgrades and downgrades
DateFirmActionFromTo
Oct 21, 2026BMO CapitalmainOutperformOutperform
Oct 13, 2026CitigroupmainBuyBuy
Oct 8, 2026BarclaysmainOverweightOverweight
Sep 21, 2026Truist SecuritiesreitBuyBuy
Sep 18, 2026TD CowenupHoldBuy
Sep 16, 2026Morgan StanleymainOverweightOverweight

About Targa Resources Corp.

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.

Sector
Energy
Industry
Oil & Gas Midstream
Country
United States

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Insider holders

TRGP insider holders
InsiderRelationLatest transactionDateShares held
CHUNG PAUL WDirectorSaleAug 31, 20260
CRISP CHARLES RICHARDDirectorSaleAug 24, 202662,292
JOYCE RENE RDirectorStock GiftFeb 23, 2026775,759
KNEALE JENNIFER RPresidentSaleFeb 23, 2026235,260
MCDONIE PATRICK JOfficerSaleMar 1, 2026305,163
MELOY MATTHEW JChief Executive OfficerStock GiftMay 13, 2026712,291

Institution ownership

TRGP institution ownership
Holder% heldSharesValueReported
Blackrock Inc.9.72%20,832,6876.56BJun 29, 2026
State Street Corporation6.63%14,226,1664.48BJun 29, 2026
Wellington Management Group, LLP6.61%14,176,3944.47BJun 29, 2026
Vanguard Capital Management LLC6.54%14,015,5594.42BJun 29, 2026
Vanguard Portfolio Management LLC5.46%11,697,5743.69BJun 29, 2026
Harris Associates L.P.3.70%7,937,5302.50BJun 29, 2026

Fund ownership

TRGP fund ownership
Holder% heldSharesValueReported
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.18%6,814,1972.15BJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard 500 Index Fund2.59%5,562,7491.75BJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund2.17%4,650,9231.47BJun 29, 2026
SELECT SECTOR SPDR TRUST-State Street Energy Select Sector SPDR ETF2.08%4,463,9381.41BSep 29, 2026
VANGUARD WELLINGTON FUND1.52%3,248,8531.02BAug 30, 2026
HARRIS ASSOCIATES INVESTMENT TRUST-Oakmark Fund1.34%2,882,000907.99MJun 29, 2026
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