Targa Resources Corp. (BMV:TRGP)
| Market Cap | 978.50B +48.6% |
| Revenue (ttm) | 292.53B -2.0% |
| Net Income | 39.41B +38.4% |
| EPS | 182.83 +50.1% |
| Shares Out | n/a |
| PE Ratio | 24.83 |
| Forward PE | 22.85 |
| Dividend | 79.38 (2.10%) |
| Ex-Dividend Date | Jul 31, 2026 |
| Volume | 30 |
| Open | 3,775.00 |
| Previous Close | 3,327.00 |
| Day's Range | 3,775.00 - 3,775.00 |
| 52-Week Range | 2,723.00 - 3,780.00 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 6, 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 raised to $335 from $330 at Raymond James
Raymond James raised the firm’s price target on Targa Resources (TRGP) to $335 from $330 and keeps a Strong Buy rating on the shares.
Targa Resources price target raised to $275 from $270 at TD Cowen
TD Cowen analyst Jason Gabelman raised the firm’s price target on Targa Resources (TRGP) to $275 from $270 and keeps a Hold rating on the shares. The firm updated its…
Targa Resources price target raised to $282 from $270 at Wells Fargo
Wells Fargo raised the firm’s price target on Targa Resources (TRGP) to $282 from $270 and keeps an Overweight rating on the shares. The firm notes Targa delivered another strong…
Targa Resources price target lowered to $324 from $327 at Jefferies
Jefferies lowered the firm’s price target on Targa Resources (TRGP) to $324 from $327 and keeps a Buy rating on the shares. The firm is lifting estimates by 2%-4% after…
Targa Resources price target raised to $284 from $282 at Barclays
Barclays raised the firm’s price target on Targa Resources (TRGP) to $284 from $282 and keeps an Overweight rating on the shares.
Targa Resources Earnings Call Transcript: Q2 2026
Record Q2 2026 adjusted EBITDA and Permian volumes drove strong financial and operational results, with major infrastructure projects advancing and robust global demand supporting record NGL and LPG exports. Guidance was raised to the top end, with continued growth and free cash flow inflection expected post-2027.
Targa Resources Slides: Q2 2026
Targa Resources has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Targa Resources Earnings release: Q2 2026
Targa Resources released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Targa Resources Quarterly report: Q2 2026
Targa Resources has published its Q2 2026 quarterly earnings report on August 6, 2026.
Targa beats second-quarter profit estimates on record Permian volumes
U.S. pipeline operator Targa Resources beat Wall Street estimates for second-quarter core profit on Thursday, as record Permian natural gas volumes and higher demand for its transportation and expor...
Targa Resources raises 2026 adj EBITDA view to top end of $5.7B-$5.9B guidance
2025 adjusted EBITDA was $4.96B. Still sees estimate net growth CapEx $4.5B, and estimate for 2026 net maintenance CapEx unchanged at $250M.
Targa Resources reports Q2 revenue $4.44B, consensus $4.9B
Reports Q2 adjusted EBITDA $1.60B vs. $1.16B last year.
Targa Resources Corp. Reports Record Second Quarter 2026 Financial Results
HOUSTON, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported second quarter 2026 results.
Targa Resources price target raised to $333 from $331 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Targa Resources (TRGP) to $333 from $331 and keeps an Overweight rating on the shares. The firm adjusted estimates and targets in…
Targa Resources price target raised to $310 from $281 at RBC Capital
RBC Capital raised the firm’s price target on Targa Resources (TRGP) to $310 from $281 and keeps an Outperform rating on the shares as part of a broader research note…
Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2026 Earnings Webcast
HOUSTON, July 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $1.25 per...
Targa Resources price target raised to $270 from $245 at TD Cowen
TD Cowen analyst Jason Gabelman raised the firm’s price target on Targa Resources (TRGP) to $270 from $245 and keeps a Hold rating on the shares. The firm adjusted targets…
Targa Resources price target raised to $282 from $270 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on Targa Resources (TRGP) to $282 from $270 and keeps an Overweight rating on the shares. The company remains well positioned…
Targa Resources price target raised to $315 from $291 at JPMorgan
JPMorgan raised the firm’s price target on Targa Resources (TRGP) to $315 from $291 and keeps an Overweight rating on the shares.
Why Investors Should Care About Midstream Classifications
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 witho...
Targa Resources initiated with a Buy at Erste Group
Erste Group analyst Hans Engel initiated coverage of Targa Resources (TRGP) with a Buy rating. The company’s business model is largely independent of energy prices, the analyst tells investors in…
Targa Resources price target raised to $270 from $262 at Barclays
Barclays raised the firm’s price target on Targa Resources (TRGP) to $270 from $262 and keeps an Overweight rating on the shares. The firm adjusted estimates in the midstream and…
Targa Resources initiated with a Buy at Jefferies
Jefferies initiated coverage of Targa Resources (TRGP) with a Buy rating and $314 price target The firm has conviction that Targa will sustain its premium growth through FY30, noting that…
Targa Resources price target raised to $303 from $262 at Citi
Citi raised the firm’s price target on Targa Resources (TRGP) to $303 from $262 and keeps a Buy rating on the shares. The firm upped the company’s EBITDA estimates to…
Targa Resources price target raised to $300 from $260 at Mizuho
Mizuho analyst Gabriel Moreen raised the firm’s price target on Targa Resources (TRGP) to $300 from $260 and keeps an Outperform rating on the shares. Targa continues to see upward…