Targa Resources Corp. (BIT:1TRGP)
| Market Cap | 51.94B +79.5% |
| Revenue (ttm) | 16.02B +4.7% |
| Net Income | 2.15B +41.6% |
| EPS | 10.17 +53.2% |
| Shares Out | n/a |
| PE Ratio | 24.24 |
| Forward PE | 22.30 |
| Dividend | 3.85 (1.56%) |
| Ex-Dividend Date | Jul 31, 2026 |
| Volume | n/a |
| Open | 246.40 |
| Previous Close | 242.20 |
| Day's Range | 246.40 - 246.40 |
| 52-Week Range | 117.85 - 258.80 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 5, 2026 |
About Targa Resources
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, s... [Read more]
Financial Performance
In 2025, Targa Resources's revenue was $17.03 billion, an increase of 3.95% compared to the previous year's $16.38 billion. Earnings were $1.84 billion, an increase of 45.05%.
Financial numbers in USD Financial StatementsNews
Targa Resources price target lowered to $311 from $326 at Jefferies
Jefferies lowered the firm’s price target on Targa Resources (TRGP) to $311 from $326 and keeps a Buy rating on the shares following the Q3 report. The firm cut Target’s…
Targa Resources price target raised to $338 from $325 at Citi
Citi analyst Spiro Dounis raised the firm’s price target on Targa Resources (TRGP) to $338 from $325 and keeps a Buy rating on the shares. The firm rolled the valuation…
Targa Resources price target raised to $344 from $340 at Raymond James
Raymond James raised the firm’s price target on Targa Resources (TRGP) to $344 from $340 and keeps a Strong Buy rating on the shares. The firm called Targa’s Q3 results…
Targa Resources Earnings Call Transcript: Q3 2026
Q3 delivered record Permian and NGL volumes, while adjusted EBITDA reached $1.5B. FY2026 adjusted EBITDA is expected to be at least $6B, with multi-year double-digit Permian growth supported by ExxonMobil agreements and major projects.
Targa Resources Earnings release: Q3 2026
Targa Resources released its Q3 2026 earnings on November 5, 2026, summarizing the period's financial results.
Targa Resources Slides: Q3 2026
Targa Resources has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 5, 2026.
Targa Resources Quarterly report: Q3 2026
Targa Resources has published its Q3 2026 quarterly earnings report on November 5, 2026.
Targa Resources reports Q3 revenue $5.6B, consensus $4.77B
Reports Q3 adjusted EBITDA $1.5B vs. $1.275B last year.
Targa Resources sees 2026 adjusted EBITDA view to at least $6B from $5.4B-$5.6B
06:54 EST Targa Resources (TRGP) sees 2026 adjusted EBITDA view to at least $6B from $5.4B-$5.6B
Targa Resources Corp. Reports Third Quarter 2026 Financial Results and Announces Expectation for a 20% Increase to its 2027 Common Dividend
HOUSTON, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2026 results.
Targa Resources price target raised to $328 from $303 at BMO Capital
BMO Capital raised the firm’s price target on Targa Resources (TRGP) to $328 from $303 and keeps an Outperform rating on the shares as part of a broader research note…
Targa Resources price target raised to $340 from $335 at Raymond James
Raymond James raised the firm’s price target on Targa Resources (TRGP) to $340 from $335 and keeps a Strong Buy rating on the shares. Targa’s leading Permian G&P position, long-term…
Targa Resources price target lowered to $345 from $350 at TD Cowen
TD Cowen lowered the firm’s price target on Targa Resources (TRGP) to $345 from $350 and keeps a Buy rating on the shares. The firm adjusted targets in the midstream…
Targa Resources price target raised to $319 from $314 at Scotiabank
Scotiabank raised the firm’s price target on Targa Resources (TRGP) to $319 from $314 and keeps an Outperform rating on the shares. The firm is updating its price targets for…
Targa Resources price target lowered to $326 from $345 at Jefferies
Jefferies analyst Julien Dumoulin-Smith lowered the firm’s price target on Targa Resources (TRGP) to $326 from $345 and keeps a Buy rating on the shares as part of a Q3…
Targa Resources price target raised to $330 from $300 at BofA
BofA raised the firm’s price target on Targa Resources (TRGP) to $330 from $300 and keeps a Buy rating on the shares as part of a midstream earnings preview. Published…
Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Third Quarter 2026 Earnings Webcast
HOUSTON, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa", the "Company", or "our") announced today that our board of directors has declared a quarterly cash dividend of $...
Targa Resources price target raised to $322 from $310 at Goldman Sachs
Goldman Sachs analyst John Mackay raised the firm’s price target on Targa Resources (TRGP) to $322 from $310 and keeps a Buy rating on the shares ahead of its Q3…
Targa Resources price target raised to $325 from $303 at Citi
Citi analyst Spiro Dounis raised the firm’s price target on Targa Resources (TRGP) to $325 from $303 and keeps a Buy rating on the shares as part of a Q3…
Targa Resources price target lowered to $335 from $340 at Stifel
Stifel lowered the firm’s price target on Targa Resources (TRGP) to $335 from $340 and keeps a Buy rating on the shares after updating estimates on covered midstream companies ahead…
Targa Resources price target raised to $294 from $284 at Barclays
Barclays raised the firm’s price target on Targa Resources (TRGP) to $294 from $284 and keeps an Overweight rating on the shares. The company continues to benefit from “supportive” Permian…
PROPWR enters power contracts with Targa Resources
ProPetro Holding (PUMP) announced that its PROPWR business unit has entered into new contracts with a subsidiary of Targa Resources Corp. (TRGP) for which PROPWR will commit approximately 230 megawatt...
PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.
MIDLAND, Texas--(BUSINESS WIRE)--PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.

