Val
—
Gro
—
Qua
—
Mom
—
Sta
—
Cap—
P/S3.43
P/E—
Fwd P/E22.12
PEG1.25
52W— – —
RSI—
Target$296.62 (+12.1%)
Beta0.70
Div1.62%
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RSI (14)
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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.
52-Week Range
52W Low
—
52W High
Position in Range
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RSI (14)
0 · Oversold
RSI 42
Overbought · 100
Signal
Neutral
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
2Bullish
0Bearish
0Neutral
▲ Bull Flag — Breakout after +8% pole — bullish continuation
▲ Double Bottom — Two lows ~$253.39 — bullish reversal confirmed
View overlays on the price chart via Chart tab → Pattern Overlays.
EPS — History & Forecast
Estimate
Beat
Miss
Forecast
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Revenue — History & Forecast
Revenue
Forecast
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EPS Beat Rate
75%
6/8 quarters
Wall Street Consensus
BUY
BuyHoldSell
Price Target Range
$296.62
+12.1% upside
Low $256
—
High $333
Consensus
Current price
Wall Street Analyst Ratings
| Firm | Rating | Change | Action | Date |
|---|---|---|---|---|
| TD Cowen | Hold | — | ↔ Maintain | 2026-07-16 |
| Truist Securities | Buy | — | ↔ Maintain | 2026-07-15 |
| Barclays | Overweight | — | ↔ Maintain | 2026-07-13 |
| JP Morgan | Overweight | — | ↔ Maintain | 2026-07-09 |
| Jefferies | Buy | — | ● Initiate | 2026-06-18 |
| Mizuho | Outperform | — | ↔ Maintain | 2026-05-27 |
| Morgan Stanley | Overweight | — | ↔ Maintain | 2026-05-12 |
| Scotiabank | Sector Outperform | — | ↔ Maintain | 2026-05-12 |
| Wells Fargo | Overweight | — | ↔ Maintain | 2026-05-08 |
| Seaport Global | Neutral | Buy → Neutral | ▼ Downgrade | 2026-05-04 |
| Goldman Sachs | Buy | — | ↔ Maintain | 2026-04-20 |
| RBC Capital | Outperform | — | ↔ Maintain | 2026-04-13 |
| UBS | Buy | — | ↔ Maintain | 2026-03-24 |
| Citigroup | Buy | — | ↔ Maintain | 2026-02-24 |
| Stifel | Buy | — | ↔ Maintain | 2026-02-20 |
| BMO Capital | Outperform | — | ↔ Maintain | 2025-11-06 |
TD Cowen
2026-07-16
Hold
↔ Maintain
Truist Securities
2026-07-15
Buy
↔ Maintain
Barclays
2026-07-13
Overweight
↔ Maintain
JP Morgan
2026-07-09
Overweight
↔ Maintain
Jefferies
2026-06-18
Buy
● Initiate
Mizuho
2026-05-27
Outperform
↔ Maintain
Morgan Stanley
2026-05-12
Overweight
↔ Maintain
Scotiabank
2026-05-12
Sector Outperform
↔ Maintain
Wells Fargo
2026-05-08
Overweight
↔ Maintain
Seaport Global
2026-05-04
Neutral
(from Buy)
▼ Downgrade
Goldman Sachs
2026-04-20
Buy
↔ Maintain
RBC Capital
2026-04-13
Outperform
↔ Maintain
UBS
2026-03-24
Buy
↔ Maintain
Citigroup
2026-02-24
Buy
↔ Maintain
Stifel
2026-02-20
Buy
↔ Maintain
BMO Capital
2025-11-06
Outperform
↔ Maintain
Profitability
Gross Margin
41.77%TTM
Op. Margin
20.90%TTM
ROE
74.10%TTM
Rev. Growth
-10.20%YoY
Free Cash Flow
-318.55MTTM
FCF Yield
—TTM
Balance Sheet
Debt / Equity
585.25MRQ
Current Ratio
0.72MRQ
Cash
100.10MMRQ
Total Debt
19.13BMRQ
Net Debt
—MRQ
Income
Div. Yield
1.62%TTM
Annual Rate
5.00Fwd
Payout Ratio
40.86%TTM
Dividend History
Payout Ratio (TTM): 40.86%
| Date | Amount / Share | Yield at Payment |
|---|---|---|
| 2026-04-30 | $1.2500 | 0.48% |
| 2026-01-30 | $1.0000 | 0.50% |
| 2025-10-31 | $1.0000 | 0.66% |
| 2025-07-31 | $1.0000 | 0.61% |
| 2025-04-30 | $1.0000 | 0.60% |
| 2025-01-31 | $0.7500 | 0.39% |
| 2024-10-31 | $0.7500 | 0.46% |
| 2024-07-31 | $0.7500 | 0.57% |
| 2024-04-29 | $0.7500 | 0.67% |
| 2024-01-30 | $0.5000 | 0.60% |
| 2023-10-30 | $0.5000 | 0.63% |
| 2023-07-28 | $0.5000 | 0.66% |
| 2023-04-27 | $0.5000 | 0.72% |
| 2023-01-30 | $0.3500 | 0.51% |
| 2022-10-28 | $0.3500 | 0.56% |
| 2022-07-28 | $0.3500 | 0.56% |
| 2022-04-28 | $0.3500 | 0.50% |
| 2022-01-28 | $0.3500 | 0.66% |
| 2021-10-28 | $0.1000 | 0.20% |
| 2021-07-29 | $0.1000 | 0.26% |
| 2021-04-29 | $0.1000 | 0.32% |
| 2021-01-29 | $0.1000 | 0.41% |
| 2020-10-29 | $0.1000 | 0.70% |
| 2020-07-30 | $0.1000 | 0.60% |
| 2020-04-30 | $0.1000 | 0.87% |
| 2020-01-30 | $0.9100 | 2.80% |
| 2019-10-31 | $0.9100 | 2.73% |
| 2019-07-30 | $0.9100 | 2.79% |
| 2019-04-30 | $0.9100 | 2.77% |
| 2019-01-30 | $0.9100 | 2.63% |
| 2018-10-30 | $0.9100 | 2.32% |
| 2018-07-31 | $0.9100 | 2.31% |
| 2018-04-30 | $0.9100 | 2.56% |
| 2018-01-31 | $0.9100 | 2.56% |
| 2017-10-31 | $0.9100 | 3.01% |
| 2017-07-28 | $0.9100 | 2.73% |
| 2017-04-28 | $0.9100 | 2.36% |
| 2017-01-30 | $0.9100 | 2.32% |
| 2016-10-31 | $0.9100 | 3.06% |
| 2016-07-29 | $0.9100 | 3.68% |
How TRGP Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
| Quarter | Revenue | Rev YoY | Gross Profit | Op. Income | Net Income | Net YoY | Gross % | Op % | Net % |
|---|
Full Key Statistics
Valuation
| Market Cap | 56.81B |
| Enterprise Value | 75.97B |
| Trailing P/E | 26.73 |
| Forward P/E | 22.12 |
| PEG Ratio (5yr) | 1.25 |
| Price/Sales (ttm) | 3.43 |
| Price/Book (mrq) | 18.12 |
| EV/Revenue | 4.59 |
| EV/EBITDA | 14.56 |
Share Statistics
| Avg Vol (3m) | 1.23M |
| Shares Outstanding | 214.64M |
| Float | 211.30M |
| % Held by Insiders | 1.38% |
| % Held by Institutions | 97.27% |
| Short Ratio | 3.05 |
| Short % of Float | 2.27% |
Profitability
| Gross Margin | 41.77% |
| Operating Margin (ttm) | 20.90% |
| Profit Margin | 12.87% |
| Return on Assets (ttm) | 9.13% |
| Return on Equity (ttm) | 74.10% |
Income Statement
| Revenue (ttm) | 16.56B |
| Revenue Growth (yoy) | -10.20% |
| Gross Profit (ttm) | 6.92B |
| EBITDA | 5.22B |
| Net Income (ttm) | 2.12B |
| Diluted EPS (ttm) | 9.90 |
| EPS Growth (yoy) | 142.90% |
Balance Sheet
| Total Cash (mrq) | 100.10M |
| Total Debt (mrq) | 19.13B |
| Debt / Equity (mrq) | 585.25 |
| Current Ratio (mrq) | 0.72 |
| Book Value / Share | 14.61 |
| Operating CF (ttm) | 3.70B |
| Free Cash Flow (ttm) | -318.55M |
Trading & Dividends
| Beta (5Y) | 0.70 |
| 50-Day MA | 269.87 |
| 200-Day MA | 221.38 |
| Fwd Dividend Yield | 191.00% |
| Payout Ratio | 40.86% |
Ownership Breakdown
Institutional 97.27%
Insider 1.38%
Public 1.4%
Short Interest
2.27% of float
Low
Institutional 13F Holdings
Famous investors who disclosed a position in TRGP in their latest SEC 13F filing.
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Insider Transactions
| Date | Insider | Role | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-21 | MATHIASMEIER THOMAS | Director | Stock Award(Grant) at price 0.00 per share. | 477 | — |
| 2026-05-14 | MELOY MATTHEW J | Chief Executive Officer | Stock Gift at price 0.00 per share. | 15,000 | — |
| 2026-05-12 | CRISP CHARLES RICHARD | Director | Sale at price 255.96 per share. | 10,602 | $2,713,738 |
| 2026-05-12 | CHUNG PAUL W | Director | Stock Gift at price 0.00 per share. | 6,000 | — |
| 2026-03-05 | MURARO ROBERT M | Officer | Sale at price 241.34 per share. | 24,589 | $5,934,378 |
| 2026-03-02 | MCDONIE PATRICK J | Officer | Sale at price 239.33 - 240.25 per share. | 31,537 | $7,548,842 |
| 2026-03-02 | BRANSTETTER BENJAMIN JAMES | Officer | Sale at price 238.83 - 238.99 per share. | 3,258 | $778,124 |
| 2026-02-26 | PRYOR DOUGLAS SCOTT | Officer | Stock Gift at price 0.00 per share. | 14,604 | — |
| 2026-02-26 | COOKSEN LINDSEY M | Director | Sale at price 231.72 per share. | 435 | $100,797 |
| 2026-02-25 | PRYOR DOUGLAS SCOTT | Officer | Sale at price 227.28 - 230.10 per share. | 17,500 | $4,006,029 |
| 2026-02-24 | CRISP CHARLES RICHARD | Director | Sale at price 229.30 per share. | 1,359 | $311,619 |
| 2026-02-24 | KNEALE JENNIFER R | President | Sale at price 230.10 - 230.43 per share. | 29,509 | $6,790,479 |
| 2026-02-24 | CRISP CHARLES RICHARD | Director | Stock Gift at price 0.00 per share. | 1,500 | — |
| 2026-02-24 | JOYCE RENE R | Director | Stock Gift at price 0.00 per share. | 4,000 | — |
| 2026-02-24 | MELOY MATTHEW J | Chief Executive Officer | Stock Gift at price 0.00 per share. | 40,000 | — |
| 2026-01-16 | MELOY MATTHEW J | Chief Executive Officer | Stock Award(Grant) at price 0.00 per share. | 166,733 | — |
| 2026-01-16 | MCDONIE PATRICK J | Officer | Stock Award(Grant) at price 0.00 per share. | 43,046 | — |
| 2026-01-16 | PRYOR DOUGLAS SCOTT | Officer | Stock Award(Grant) at price 0.00 per share. | 33,965 | — |
| 2026-01-16 | MURARO ROBERT M | Officer | Stock Award(Grant) at price 0.00 per share. | 43,046 | — |
| 2026-01-16 | KNEALE JENNIFER R | President | Stock Award(Grant) at price 0.00 per share. | 63,485 | — |
| 2026-01-15 | JOYCE RENE R | Director | Stock Award(Grant) at price 0.00 per share. | 1,030 | — |
| 2026-01-15 | SHRADER GERALD R | General Counsel | Stock Award(Grant) at price 0.00 per share. | 6,680 | — |
| 2026-01-15 | CRISP CHARLES RICHARD | Director | Stock Award(Grant) at price 0.00 per share. | 1,030 | — |
| 2026-01-15 | FULTON LAURA C | Director | Stock Award(Grant) at price 0.00 per share. | 1,030 | — |
| 2026-01-15 | CHUNG PAUL W | Director | Stock Award(Grant) at price 0.00 per share. | 1,559 | — |
MATHIASMEIER THOMAS
Director
Stock Award(Grant) at price 0.00 per share.
2026-07-21
477 sh
—
MELOY MATTHEW J
Chief Executive Officer
Stock Gift at price 0.00 per share.
2026-05-14
15,000 sh
—
CRISP CHARLES RICHARD
Director
Sale at price 255.96 per share.
2026-05-12
10,602 sh
$2,713,738
CHUNG PAUL W
Director
Stock Gift at price 0.00 per share.
2026-05-12
6,000 sh
—
MURARO ROBERT M
Officer
Sale at price 241.34 per share.
2026-03-05
24,589 sh
$5,934,378
MCDONIE PATRICK J
Officer
Sale at price 239.33 - 240.25 per share.
2026-03-02
31,537 sh
$7,548,842
BRANSTETTER BENJAMIN JAMES
Officer
Sale at price 238.83 - 238.99 per share.
2026-03-02
3,258 sh
$778,124
PRYOR DOUGLAS SCOTT
Officer
Stock Gift at price 0.00 per share.
2026-02-26
14,604 sh
—
COOKSEN LINDSEY M
Director
Sale at price 231.72 per share.
2026-02-26
435 sh
$100,797
PRYOR DOUGLAS SCOTT
Officer
Sale at price 227.28 - 230.10 per share.
2026-02-25
17,500 sh
$4,006,029
CRISP CHARLES RICHARD
Director
Sale at price 229.30 per share.
2026-02-24
1,359 sh
$311,619
KNEALE JENNIFER R
President
Sale at price 230.10 - 230.43 per share.
2026-02-24
29,509 sh
$6,790,479
CRISP CHARLES RICHARD
Director
Stock Gift at price 0.00 per share.
2026-02-24
1,500 sh
—
JOYCE RENE R
Director
Stock Gift at price 0.00 per share.
2026-02-24
4,000 sh
—
MELOY MATTHEW J
Chief Executive Officer
Stock Gift at price 0.00 per share.
2026-02-24
40,000 sh
—
MELOY MATTHEW J
Chief Executive Officer
Stock Award(Grant) at price 0.00 per share.
2026-01-16
166,733 sh
—
MCDONIE PATRICK J
Officer
Stock Award(Grant) at price 0.00 per share.
2026-01-16
43,046 sh
—
PRYOR DOUGLAS SCOTT
Officer
Stock Award(Grant) at price 0.00 per share.
2026-01-16
33,965 sh
—
MURARO ROBERT M
Officer
Stock Award(Grant) at price 0.00 per share.
2026-01-16
43,046 sh
—
KNEALE JENNIFER R
President
Stock Award(Grant) at price 0.00 per share.
2026-01-16
63,485 sh
—
JOYCE RENE R
Director
Stock Award(Grant) at price 0.00 per share.
2026-01-15
1,030 sh
—
SHRADER GERALD R
General Counsel
Stock Award(Grant) at price 0.00 per share.
2026-01-15
6,680 sh
—
CRISP CHARLES RICHARD
Director
Stock Award(Grant) at price 0.00 per share.
2026-01-15
1,030 sh
—
FULTON LAURA C
Director
Stock Award(Grant) at price 0.00 per share.
2026-01-15
1,030 sh
—
CHUNG PAUL W
Director
Stock Award(Grant) at price 0.00 per share.
2026-01-15
1,559 sh
—