TRGP
Targa Resources Corp. NYSE Listed Dec 7, 2010$258.58
-0.83%
vs $260.74
Mkt Cap $55.5B
52w Low $144.14
84.2% of range
52w High $280.00
50d MA $256.34
200d MA $206.91
P/E (TTM)
30.4x
EV/EBITDA
14.8x
P/B
17.4x
Debt/Equity
5.7x
ROE
62.7%
P/FCF
95.2x
RSI (14)
53.70
ATR (14)
$6.49
Beta
0.81
50d MA
$256.34
200d MA
$206.91
Avg Volume
1.2M
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.
811 Louisiana Street · Houston, TX 77002 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 7, 2026 | BMO | — | — | — | 249.50 | -2.0% | +1.2% | -1.7% | +2.0% | +0.8% | +3.2% | — |
| Feb 19, 2026 | AMC | 2.30 | 2.51 | +9.1% | 224.16 | +1.9% | +3.2% | +0.2% | -0.1% | -0.7% | +0.5% | — |
| Nov 5, 2025 | AMC | 2.11 | 2.20 | +4.3% | 162.69 | +0.8% | +4.4% | +1.3% | -1.5% | +2.2% | -1.5% | — |
| Aug 7, 2025 | AMC | 1.86 | 2.87 | +54.3% | 166.89 | +0.9% | -1.1% | +0.6% | +1.2% | -0.8% | -0.7% | — |
| May 1, 2025 | AMC | 1.98 | 0.91 | -54.0% | 162.34 | +0.9% | -0.3% | -2.2% | -0.6% | +1.0% | +0.7% | — |
| Feb 20, 2025 | AMC | 1.92 | 1.44 | -25.0% | 204.70 | -0.4% | -2.1% | -0.9% | -1.8% | +1.9% | -1.5% | — |
| Nov 5, 2024 | AMC | 1.56 | 1.75 | +12.2% | 177.40 | +3.3% | +4.9% | +0.9% | +2.4% | +1.4% | -0.3% | — |
| Aug 1, 2024 | AMC | 1.27 | 1.33 | +4.7% | 136.10 | -0.9% | -4.1% | -2.1% | +2.9% | +1.2% | +2.6% | — |
| May 2, 2024 | AMC | 1.30 | 1.22 | -6.2% | 112.99 | +0.2% | -0.6% | +0.4% | +0.0% | -0.3% | +1.0% | — |
| Feb 15, 2024 | AMC | 1.46 | 1.26 | -13.7% | 93.27 | +0.3% | +3.9% | -0.6% | +1.2% | +0.9% | -1.4% | — |
| Nov 2, 2023 | AMC | 1.20 | 0.97 | -19.2% | 90.25 | -0.2% | -2.4% | -0.7% | -2.3% | -2.5% | +0.4% | — |
| Aug 3, 2023 | AMC | 1.24 | 1.44 | +16.1% | 81.81 | +0.5% | +0.8% | -0.5% | +0.9% | +1.8% | -0.1% | — |
| May 4, 2023 | AMC | 1.40 | 0.03 | -97.9% | 69.35 | +3.3% | +3.6% | -0.9% | -0.1% | -0.5% | -1.6% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 18 | Jefferies | Initiates | Buy | $314 | $260.74 | $259.88 | -0.3% | -0.8% | — | — | — | — |
| May 11 | TD Cowen | Reiterates | Hold | $245 | $248.12 | $249.63 | +0.6% | +2.0% | +0.8% | +3.2% | +1.6% | +1.7% |
| May 4 | Seaport Research Partners | Downgrade | Buy → Neutral | — | $254.28 | $254.08 | -0.1% | +1.8% | +0.3% | -3.9% | +1.2% | -1.7% |
| Apr 20 | Goldman Sachs | Maintains | Buy → Buy | — | $235.50 | $233.85 | -0.7% | -1.7% | +0.5% | +1.8% | +1.3% | +0.3% |
| Apr 13 | Truist | Maintains | Buy → Buy | — | $243.09 | $244.79 | +0.7% | -1.1% | -0.5% | -0.2% | +0.4% | -1.8% |
| Apr 13 | RBC Capital | Maintains | Outperform → Outperform | — | $243.09 | $244.79 | +0.7% | -1.1% | -0.5% | -0.2% | +0.4% | -1.8% |
| Apr 13 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $243.09 | $244.79 | +0.7% | -1.1% | -0.5% | -0.2% | +0.4% | -1.8% |
| Apr 7 | Morgan Stanley | Maintains | Overweight → Overweight | — | $245.65 | $247.06 | +0.6% | +2.2% | -2.8% | +0.3% | -0.7% | -1.1% |
| Apr 7 | Barclays | Maintains | Overweight → Overweight | — | $245.65 | $247.06 | +0.6% | +2.2% | -2.8% | +0.3% | -0.7% | -1.1% |
| Mar 24 | UBS | Maintains | Buy → Buy | — | $239.92 | $240.57 | +0.3% | +2.6% | -0.3% | +2.1% | -0.1% | -0.9% |
| Mar 24 | Truist | Maintains | Buy → Buy | — | $239.92 | $240.57 | +0.3% | +2.6% | -0.3% | +2.1% | -0.1% | -0.9% |
| Mar 19 | Mizuho | Maintains | Outperform → Outperform | — | $233.98 | $236.12 | +0.9% | +2.4% | -0.9% | +1.1% | +2.6% | -0.3% |
| Mar 13 | Wells Fargo | Maintains | Overweight → Overweight | — | $238.16 | $238.84 | +0.3% | +0.8% | -0.4% | +0.7% | -2.8% | +2.4% |
| Mar 3 | Morgan Stanley | Maintains | Overweight → Overweight | — | $239.61 | $247.15 | +3.1% | +1.8% | -0.4% | -1.7% | -0.8% | -1.0% |
| Feb 27 | RBC Capital | Maintains | Outperform → Outperform | — | $231.22 | $233.36 | +0.9% | +2.0% | +1.6% | +1.8% | -0.4% | -1.7% |
| Feb 24 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $231.87 | $230.71 | -0.5% | -0.1% | -0.7% | +0.5% | +2.0% | +1.6% |
| Feb 24 | Citigroup | Maintains | Buy → Buy | — | $231.87 | $230.71 | -0.5% | -0.1% | -0.7% | +0.5% | +2.0% | +1.6% |
| Feb 20 | Wells Fargo | Maintains | Overweight → Overweight | — | $224.16 | $228.32 | +1.9% | +3.2% | +0.2% | -0.1% | -0.7% | +0.5% |
| Feb 20 | Stifel | Maintains | Buy → Buy | — | $224.16 | $228.32 | +1.9% | +3.2% | +0.2% | -0.1% | -0.7% | +0.5% |
| Dec 18 | Wells Fargo | Maintains | Overweight → Overweight | — | $182.37 | $181.72 | -0.4% | -2.1% | +0.2% | +2.1% | +1.2% | -0.6% |
| Dec 17 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $176.41 | $177.53 | +0.6% | +3.4% | -2.1% | +0.2% | +2.1% | +1.2% |
| Dec 3 | RBC Capital | Maintains | Outperform → Outperform | — | $171.80 | $173.68 | +1.1% | +2.3% | +2.4% | +0.4% | -0.9% | +2.6% |
| Nov 18 | RBC Capital | Maintains | Outperform → Outperform | — | $168.32 | $169.05 | +0.4% | +0.7% | +0.3% | +0.0% | +0.2% | -0.4% |
| Nov 13 | Goldman Sachs | Maintains | Buy → Buy | — | $170.58 | $171.62 | +0.6% | -0.5% | +2.0% | -2.8% | +0.7% | +0.3% |
| Nov 13 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $170.58 | $171.62 | +0.6% | -0.5% | +2.0% | -2.8% | +0.7% | +0.3% |
| Nov 12 | Morgan Stanley | Maintains | Overweight → Overweight | — | $173.23 | $172.21 | -0.6% | -1.5% | -0.5% | +2.0% | -2.8% | +0.7% |
| Nov 6 | BMO Capital | Maintains | Outperform → Outperform | — | $162.69 | $164.07 | +0.8% | +4.4% | +1.3% | -1.5% | +2.2% | -1.5% |
| Oct 7 | JP Morgan | Maintains | Overweight → Overweight | — | $162.60 | $163.47 | +0.5% | +2.4% | +1.2% | -4.3% | -5.5% | -0.4% |
| Aug 29 | Mizuho | Maintains | Outperform → Outperform | — | $166.96 | $167.02 | +0.0% | +0.5% | -0.6% | -1.9% | +1.8% | -2.5% |
| Aug 14 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $166.74 | $166.98 | +0.1% | -0.7% | -1.4% | -1.3% | -0.2% | +1.3% |
| Aug 12 | RBC Capital | Maintains | Outperform → Outperform | — | $166.11 | $165.61 | -0.3% | +1.2% | -0.8% | -0.7% | -1.4% | -1.3% |
| Aug 8 | Wells Fargo | Maintains | Overweight → Overweight | — | $166.89 | $168.38 | +0.9% | -1.1% | +0.6% | +1.2% | -0.8% | -0.7% |
| Jul 15 | RBC Capital | Maintains | Outperform → Outperform | — | $172.46 | $172.80 | +0.2% | -1.8% | -2.0% | +0.3% | +2.8% | -4.6% |
| Jul 15 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $172.46 | $172.80 | +0.2% | -1.8% | -2.0% | +0.3% | +2.8% | -4.6% |
| Jul 10 | JP Morgan | Maintains | Overweight → Overweight | — | $170.69 | $169.41 | -0.7% | +0.0% | +0.7% | +0.3% | -1.8% | -2.0% |
| Jul 10 | Barclays | Maintains | Overweight → Overweight | — | $170.69 | $169.41 | -0.7% | +0.0% | +0.7% | +0.3% | -1.8% | -2.0% |
| Jun 26 | RBC Capital | Maintains | Outperform → Outperform | — | $170.49 | $170.74 | +0.1% | +3.1% | -0.8% | -0.2% | -1.2% | +1.1% |
| Jun 5 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $160.68 | $161.64 | +0.6% | +2.1% | +1.8% | -2.6% | +1.4% | +2.8% |
| May 20 | Barclays | Maintains | Overweight → Overweight | — | $164.63 | $165.55 | +0.6% | -1.6% | -1.0% | -0.8% | +0.9% | +0.6% |
| May 20 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $164.63 | $165.55 | +0.6% | -1.6% | -1.0% | -0.8% | +0.9% | +0.6% |
| May 20 | Mizuho | Maintains | Outperform → Outperform | — | $164.63 | $165.55 | +0.6% | -1.6% | -1.0% | -0.8% | +0.9% | +0.6% |
| May 15 | UBS | Maintains | Buy → Buy | — | $168.58 | $164.81 | -2.2% | -1.3% | -0.5% | -0.6% | -1.6% | -1.0% |
| May 9 | Citigroup | Maintains | Buy → Buy | — | $160.05 | $161.03 | +0.6% | -0.3% | +4.2% | +2.0% | -0.5% | -1.3% |
| May 8 | RBC Capital | Maintains | Outperform → Outperform | — | $158.89 | $159.99 | +0.7% | +0.7% | -0.3% | +4.2% | +2.0% | -0.5% |
| May 5 | Goldman Sachs | Maintains | Buy → Buy | — | $161.87 | $159.65 | -1.4% | -2.2% | -0.6% | +1.0% | +0.7% | -0.3% |
| Apr 29 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $179.25 | $176.98 | -1.3% | -0.6% | -4.0% | -5.0% | -0.3% | -2.2% |
| Apr 28 | Mizuho | Maintains | Outperform → Outperform | — | $177.62 | $178.23 | +0.3% | +0.9% | -0.6% | -4.0% | -5.0% | -0.3% |
| Apr 9 | Barclays | Maintains | Overweight → Overweight | — | $160.57 | $157.30 | -2.0% | +8.1% | -6.5% | +0.7% | +0.7% | +2.0% |
| Mar 21 | Barclays | Maintains | Overweight → Overweight | — | $199.52 | $198.57 | -0.5% | -1.1% | +3.8% | +0.3% | -1.7% | -1.5% |
| Mar 18 | Truist | Maintains | Buy → Buy | — | $196.60 | $197.71 | +0.6% | -1.2% | +2.4% | +0.3% | -1.1% | +3.8% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 12, 2026 | CRISP CHARLES R | — | Sell | 10,602 | $255.96 | $2.7M | 66,492 | +1.59% | -1.99% |
8-K · 2.02
!! High
Targa Resources Corp. -- 8-K 2.02: Earnings Results
Targa Resources reported quarterly earnings results and scheduled a conference call for investors to discuss operational performance and financial condition updates.
May 7
8-K
Unknown — 8-K Filing
Battalion's all-stock acquisition adds 7,090 contiguous acres to its Monument Draw position, materially expanding operational scale and potential reserves without cash outlay, benefiting shareholders through dilution-minimized growth.
Mar 19
8-K · 1.01
! Medium
Targa Resources Corp. -- 8-K 1.01: Financing / Debt Agreement
Targa Resources issued senior unsecured notes guaranteed by subsidiary guarantors under a March 2026 supplemental indenture, adding debt obligations with conditions tied to guarantor status.
Mar 2
8-K · 7.01
! Medium
Targa Resources Corp. -- 8-K 7.01: Regulation FD Disclosure
Targa Resources Corp. disclosed material information via a news release on February 25, 2026, though the specific details require reviewing the attached exhibit for investor impact assessment.
Feb 26
8-K · 7.01
! Medium
Targa Resources Corp. -- 8-K 7.01: Regulation FD Disclosure
Targa Resources Corp. established its disclosure practices under Regulation FD, utilizing press releases, SEC filings, conference calls, and its website as primary communication channels for material information.
Feb 19
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Capital Management Llc | 13,950,353 | $3.5B | New | Mar 2026 |
| 2 | Vanguard Portfolio Management Llc | 11,851,389 | $3.0B | New | Mar 2026 |
| 3 | Morgan Stanley | 6,607,966 | $1.2B | Reduced | Dec 2025 |
| 4 | Bank Of America Corp /de/ | 3,151,993 | $790M | Added | Mar 2026 |
| 5 | Invesco Ltd. | 3,034,906 | $761M | Reduced | Mar 2026 |
| 6 | Neuberger Berman Group Llc | 2,709,896 | $679M | Reduced | Mar 2026 |
| 7 | Fmr Llc | 2,679,106 | $672M | Added | Mar 2026 |
| 8 | Northern Trust Corp | 2,471,128 | $620M | Added | Mar 2026 |
| 9 | D.e. Shaw & Co | 2,428,025 | $609M | Reduced | Mar 2026 |
| 10 | Amundi | 2,006,131 | $503M | New | Mar 2026 |
| 11 | Ubs Group Ag | 1,852,902 | $465M | Added | Mar 2026 |
| 12 | Jpmorgan Chase & Co | 1,639,368 | $407M | Added | Mar 2026 |
| 13 | Bank Of New York Mellon Corp | 1,462,045 | $367M | Added | Mar 2026 |
| 14 | Brookfield Corp /on/ | 1,667,106 | $308M | Added | Dec 2025 |
| 15 | Nuveen, Llc | 1,045,549 | $262M | Added | Mar 2026 |
| 16 | Clearbridge Investments, Llc | 881,427 | $221M | Added | Mar 2026 |
| 17 | Franklin Resources Inc | 849,905 | $213M | Reduced | Mar 2026 |
| 18 | Truist Financial Corp | 992,463 | $183M | Added | Dec 2025 |
| 19 | Cibc Bancorp Usa Inc. | 725,534 | $182M | Added | Mar 2026 |
| 20 | Barclays Plc | 708,624 | $178M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$55.50B
Enterprise Value
$71.83B
P/E (TTM)
30.35x
Forward P/E
25.48x
PEG Ratio
0.45x
P/B
17.38x
P/S
3.24x
P/FCF
95.18x
EV/EBITDA
14.80x
Shares Out
215.0M
Financials (TTM)
Revenue
$17.14B
Net Income
$1.84B
EBITDA
$4.85B
Free Cash Flow
$584.1M
Op Cash Flow
$3.92B
EPS Basic
$8.54
EPS Diluted
$8.52
EPS Forward
$10.15
Gross Margin
26.5%
Op Margin
20.1%
Net Margin
10.8%
Balance Sheet
Total Assets
$25.22B
Total Liab.
$22.02B
Total Equity
$3.20B
Cash
$166.1M
LT Debt
$16.40B
Book Value/Sh
$14.88
Debt/Equity
5.72x
Current Ratio
0.67
Quick Ratio
0.55
Returns & Growth
ROE
62.7%
ROA
7.6%
ROIC
12.1%
Rev Growth YoY
+3.1%
EPS Growth YoY
+48.0%
Price Returns
2W
-4.6%
1M
-1.9%
3M
+8.2%
6M
+45.5%
12M
+61.5%
Technicals
52W High
$280.00
52W Low
$144.14
50d MA
$256.34
200d MA
$206.91
RSI (14)
53.70
ATR (14)
$6.49
Beta
0.81
Avg Volume
1.2M
Dividends
Div Rate
$3.81
Div Yield
1.5%
Frequency
4
Ex-Div Date
Apr 30, 2026
Analyst Price Targets
Consensus
$237.70
High
$268.00
Low
$207.00
Median
$236.00
Data updated apr 27, 2026 5:32am
· Source: financialmodelingprep.com