Is Targa Resources Corp. (TRGP) a Buy, Sell, or Hold?
Targa Resources Corp.
NYSE:TRGP
$278.16 USD
-$3.44 (-1.22%)
- Volume
- 872.73K
- Average Volume
- 1.24M
- Market Capitalization
- $59.71B
- P/E Ratio
- 28.21
- Dividend Yield
- 1.53%
- Price Target
- $281.00
- Year High
- $282.81
- Year Low
- $144.14
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.41
- Current Ratio
- $0.72
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Matthew J. Meloy |
| Industry | Oil & Gas Midstream |
| Sector | Energy |
| Current Symbol | TRGP |
| CUSIP | 87612G101 |
| CIK | 0001389170 |
| Web | https://www.targaresources.com |
| Phone | 713 584 1000 |
| Currency | USD |
| Employees | 3570 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 6.10 |
| Payout Ratio | 0.41 |
| Current Ratio | 0.72 |
| Quick Ratio | 0.62 |
| Cash Ratio | 0.03 |
Sales & Book Value
| Annual Sales | $17.14B |
| Price / Sales | 3.65 |
| Cash Flow | 1.22 |
| Price / Cash Flow | 227.97 |
| Price / Book | 19.07 |
Price Target and Rating
| Average Stock Price Forecast | $281.00 |
| High Stock Price Forecast | $331.00 |
| Low Stock Price Forecast | $231.00 |
| Forecast Upside/Downside | -1.01% |
| Consensus Rating | Neutral |
| Rating Score(0-5) | 3 |
| Research Coverage | 34 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $8.52 |
| Trailing P/E Ratio | 28.21 |
| PEG Ratio | 0.35 |
| P/E Growth | 0.35 |
| Net Income | $1.84B |
| Net Margin | 12.98% |
| Pretax Margin | 16.76% |
| Return on Equity | 73.92% |
| Return on Assets | 7.84% |
Financials Score
| AltmanZ Score | 2.61 |
| Piotroski Score | 7.00 |
| Working Capital | -957.7M |
| Total Assets | 27.11B |
| Ebit | 3.4B |
| Market Cap | 59.71B |
| Total Liabilities | 23.84B |
Poll Results
About Targa Resources Corp. (NYSE:TRGP) Stock
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gatherin ... g, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.
Targa Resources, Inc. (TRGP) is a Great Momentum Stock: Should You Buy?
2026-07-15 13:01:10
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Targa Resources: Growth And Cash Flow Inflection Support The Rally
2026-07-01 14:39:59
Targa Resources remains a 'Buy' as its Permian Basin NGL midstream footprint drives double-digit EBITDA and dividend growth. TRGP's aggressive growth cap-ex program addresses pent-up Permian demand and positions it to benefit from secular U.S. energy export growth. EBITDA guidance was raised to $5.7–$5.9 billion, with cap-ex set to decline, unlocking significant free cash flow and supporting substantial future dividend increases.
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2026-06-30 07:59:45
The energy infrastructure sector includes a range of different business models, from gathering systems at the wellhead to long-haul pipelines and export facilities. Comparing midstream companies without a standardized framework of midstream classifications can be difficult.
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2 Dividend Stocks I Want So Badly It's Almost Painful
2026-06-18 07:30:00
Targa Resources (TRGP) and Blue Owl Capital (OWL) are top TOLL picks, offering differentiated income and growth amid market disruption. TRGP delivers robust total return potential, leveraging irreplaceable Permian Basin assets, high margin scalability, and a five-year dividend CAGR of 60%. OWL offers a 9%+ yield, substantial fee-based income from $315B AUM, and trades at a deep valuation discount despite recent sector pressures.
A Look at Targa Resources Corp (TRGP) After 3.8% Decline -- GF Value $167.33 vs Price $262.33
2026-06-15 18:17:00
On June 15, 2026, Targa Resources Corp (TRGP) shares fell 3.8% to $262.33, reflecting a slight decline over the past week and month, but a notable increase of 4
FLEX LNG vs. Targa Resources: Which Midstream Energy Stock Is a Better Buy in 2026?
2026-06-15 16:03:40
FLEX LNG operates a modern fleet of 13 liquefied natural gas carriers with high net margins. Targa Resources maintains a massive footprint in U.S. shale basins through its integrated midstream infrastructure.
Is Targa Resources Stock a Smart Hold in Today's Market?
2026-06-15 11:16:35
TRGP surges almost 59% in a year, backed by major growth projects, LPG export expansion and earnings growth outlook despite key risks.
Frequently Asked Questions
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What is the current Targa Resources Corp. (TRGP) stock price?
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Targa Resources Corp.(NYSE:TRGP) stock price is $278.16 in the last trading session. During the trading session, TRGP stock reached the peak price of $282.81 while $144.14 was the lowest point it dropped to. The percentage change in TRGP stock occurred in the recent session was --1.22% while the dollar amount for the price change in TRGP stock was -$-3.44.
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TRGP's industry and sector of operation?
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The NYSE listed TRGP is part of Oil & Gas Midstream industry that operates in the broader Energy sector.
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Who are the executives of TRGP?
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Matthew J. Meloy | Chief Executive Officer & Director
Patrick J. McDonie | President of Gathering & Processing
Robert Muraro | Chief Commercial Officer
William Byers | Chief Financial Officer
Jennifer R. Kneale | President -
How many employees does TRGP have?
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Number of TRGP employees currently stands at 3570. TRGP operates from 811 Louisiana Street, Houston, TX 77002, US.
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Link for TRGP official website?
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Official Website of TRGP is: https://www.targaresources.com
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How do I contact TRGP?
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TRGP could be contacted at phone #713 584 1000 and can also be accessed through its website. TRGP operates from 811 Louisiana Street, Houston, TX 77002, US.
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How many shares of TRGP are traded daily?
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The average number of TRGP shares traded daily for last 3 months was 1.24M.
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What is the market cap of TRGP currently?
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The market value of TRGP currently stands at $59.71B with its latest stock price at $278.16