Targa Resources Corp. (LON:0LD9)
| Market Cap | 39.82B +37.1% |
| Revenue (ttm) | 12.54B +1.1% |
| Net Income | 1.61B +63.1% |
| EPS | 7.42 +80.3% |
| Shares Out | n/a |
| PE Ratio | 24.81 |
| Forward PE | 23.26 |
| Dividend | 3.17 (1.21%) |
| Ex-Dividend Date | Apr 30, 2026 |
| Volume | 126 |
| Average Volume | 182 |
| Open | 261.52 |
| Previous Close | 255.59 |
| Day's Range | 250.00 - 261.52 |
| 52-Week Range | 143.89 - 266.59 |
| Beta | 0.74 |
| RSI | 59.03 |
| Earnings Date | May 7, 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 $257 from $249 at Scotiabank
Scotiabank raised the firm’s price target on Targa Resources (TRGP) to $257 from $249 and keeps an Outperform rating on the shares. The Q1 reporting period showed the capacity, and…
Targa Resources price target raised to $331 from $327 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Targa Resources (TRGP) to $331 from $327 and keeps an Overweight rating on the shares.
Targa Resources price target raised to $281 from $270 at RBC Capital
RBC Capital raised the firm’s price target on Targa Resources (TRGP) to $281 from $270 and keeps an Outperform rating on the shares after its Q1 results and 2026 EBITDA…
Targa Resources price target raised to $289 from $285 at Truist
Truist raised the firm’s price target on Targa Resources (TRGP) to $289 from $285 and keeps a Buy rating on the shares. The firm states that Cconsistent with company messaging,…
Targa Resources price target raised to $245 from $236 at TD Cowen
TD Cowen raised the firm’s price target on Targa Resources (TRGP) to $245 from $236 and keeps a Hold rating on the shares. The firm said they beat and raised…
Targa Resources price target raised to $268 from $243 at Stifel
Stifel raised the firm’s price target on Targa Resources (TRGP) to $268 from $243 and keeps a Buy rating on the shares.
Targa Resources price target raised to $270 from $264 at Wells Fargo
Wells Fargo raised the firm’s price target on Targa Resources (TRGP) to $270 from $264 and keeps an Overweight rating on the shares. The firm notes Targa continues to deliver…
Targa Resources Earnings Call Transcript: Q1 2026
Record Q1 adjusted EBITDA and volumes were achieved despite weather and shut-ins, prompting a $300M guidance increase for 2026. Permian growth, new plant additions, and strong LPG export demand support a positive multi-year outlook.
Targa Resources reports Q1 revenue $4.09B, consensus $4.68B
Reports Q1 adjusted EBITDA $1.40B vs. $1.18B last year.
Targa Resources raises 2026 adj EBITDA view to $5.7B-$5.9B from $5.4B-$5.6B
2025 adjusted EBITDA was $4.96B.
Pipeline operator Targa forecasts core profit above estimates on boost in gas volumes
Pipeline operator Targa Resources forecast current-year adjusted core profit above analysts' expectations on Thursday, helped by higher transport volumes of natural gas liquids through its system.
Targa Resources Corp. Reports Record First Quarter 2026 Financial Results and Increases Financial Outlook for 2026
HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2026 results. First quarter 2026 net income attributable to...
Targa Resources downgraded to Neutral at Seaport following outperformance
As previously reported, Seaport Research downgraded Targa Resources (TRGP) to Neutral from Buy with no price target Shares are up about 38% year-to-date, outperforming the diversified midstream peers ...
Targa Resources downgraded to Neutral from Buy at Seaport Research
Seaport Research downgraded Targa Resources (TRGP) to Neutral from Buy.
Targa Resources named a Top Pick at Morgan Stanley
Morgan Stanley analyst Robert Kad is moving Targa Resources (TRGP) to Top Pick within Midstream Energy Infrastructure, as the firm expects Permian Basin associated gas production to accelerate above m...
Targa Resources price target raised to $268 from $242 at Goldman Sachs
Goldman Sachs analyst John Mackay raised the firm’s price target on Targa Resources (TRGP) to $268 from $242 and keeps a Buy rating on the shares. The sector has outperformed…
Targa Resources raises quarterly dividend to $1.25 from $1.00 per share
The cash dividend will be paid May 15, 2026 on all outstanding common shares to holders of record as of the close of business on April 30, 2026. Published first…
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2026 Earnings Webcast
HOUSTON, April 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared an increase to its quarterly cash div...
Targa Resources price target raised to $249 from $246 at Scotiabank
Scotiabank raised the firm’s price target on Targa Resources (TRGP) to $249 from $246 and keeps an Outperform rating on the shares. The firm is updating its price targets for…
Targa Resources price target raised to $270 from $260 at RBC Capital
RBC Capital raised the firm’s price target on Targa Resources (TRGP) to $270 from $260 and keeps an Outperform rating on the shares. The firm’s new price target on the…
Targa Resources price target raised to $285 from $279 at Truist
Truist raised the firm’s price target on Targa Resources (TRGP) to $285 from $279 and keeps a Buy rating on the shares as part of a broader research note on…
Targa Resources price target raised to $327 from $298 at Morgan Stanley
Morgan Stanley analyst Robert Kad raised the firm’s price target on Targa Resources (TRGP) to $327 from $298 and keeps an Overweight rating on the shares. The firm adjusted targets…
Targa Resources price target raised to $255 from $226 at Barclays
Barclays raised the firm’s price target on Targa Resources (TRGP) to $255 from $226 and keeps an Overweight rating on the shares ahead of the Q1 report. The firm believes…
Targa Resources price target raised to $280 from $228 at UBS
UBS raised the firm’s price target on Targa Resources (TRGP) to $280 from $228 and keeps a Buy rating on the shares. The company has noted that between Yeti II,…
Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes
HOUSTON, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $750 million...