Targa Resources Corp. (BIT:1TRGP)
| Market Cap | 56.21B +101.2% |
| Revenue (ttm) | 14.65B -2.0% |
| Net Income | 1.97B +38.4% |
| EPS | 9.16 +50.1% |
| Shares Out | n/a |
| PE Ratio | 28.47 |
| Forward PE | 25.00 |
| 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 $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.
Targa Resources price target raised to $345 from $312 at Truist
Truist raised the firm’s price target on Targa Resources (TRGP) to $345 from $312 and keeps a Buy rating on the shares. The firm is updating its estimates to reflect…
Targa Resources upgraded to Buy from Hold at TD Cowen
TD Cowen upgraded Targa Resources (TRGP) to Buy from Hold with a price target of $350, up from $275. TD names Targo its top midstream pick. The company is well…
Targa Resources Corp. Releases Sustainability Report
HOUSTON, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa", the "Company", or “our”) announced today that our Sustainability Report for 2025 is now available on the Compan...
Targa Resources price target raised to $359 from $343 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Targa Resources (TRGP) to $359 from $343 and keeps an Overweight rating on the shares. Estimates over multiple years remain too low,…
Targa Resources price target raised to $320 from $300 at Mizuho
Mizuho analyst Gabriel Moreen raised the firm’s price target on Targa Resources (TRGP) to $320 from $300 and keeps an Outperform rating on the shares. The firm upped the company’s…
Targa Resources price target raised to $314 from $257 at Scotiabank
Scotiabank analyst Brandon Bingham raised the firm’s price target on Targa Resources (TRGP) to $314 from $257 and keeps an Outperform rating on the shares. The firm is updating its…
Targa Resources resumed with a Buy at Stifel
Stifel resumed coverage of Targa Resources (TRGP) with a Buy rating and $340 price target While the firm acknowledges significant appreciation with shares up about 60% year-to-date, Targa maintains pe...
Targa Resources price target raised to $324 from $282 at Wells Fargo
Wells Fargo analyst Praneeth Satish raised the firm’s price target on Targa Resources (TRGP) to $324 from $282 and keeps an Overweight rating on the shares. On August 17, Targa…
Targa Resources price target raised to $338 from $312 at RBC Capital
RBC Capital analyst Elvira Scotto raised the firm’s price target on Targa Resources (TRGP) to $338 from $312 and keeps an Outperform rating on the shares. The firm is updating…
Williams named Top Pick in midstream energy infrastructure at Morgan Stanley
Morgan Stanley moved Williams (WMB) to Top Pick within midstream energy infrastructure, replacing Targa Resources (TRGP), after having recently hosted a small group investor meeting with Williams seni...
Strong Midstream 2Q26 Earnings Boost Full-Year Outlook
Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NG...
Targa Resources Corp. Announces Addition of Experienced Industry Executive and Leadership Changes to Support Continued Long-Term Growth
HOUSTON, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") today announced the addition of a key experienced team member to further strengthen the depth o...

