Targa Resources Corp. (TRGP)

NYSE: TRGP · Real-Time Price · USD
169.71
-0.87 (-0.51%)
At close: Nov 13, 2025, 4:00 PM EST
169.00
-0.71 (-0.42%)
After-hours: Nov 13, 2025, 7:12 PM EST
-0.51%
Market Cap36.43B
Revenue (ttm)17.38B
Net Income (ttm)1.62B
Shares Out 214.66M
EPS (ttm)7.42
PE Ratio22.88
Forward PE18.38
Dividend$4.00 (2.36%)
Ex-Dividend DateOct 31, 2025
Volume1,345,807
Open171.62
Previous Close170.58
Day's Range168.61 - 171.91
52-Week Range144.14 - 218.51
Beta0.90
AnalystsStrong Buy
Price Target211.93 (+24.88%)
Earnings DateNov 5, 2025

About TRGP

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, 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 ... [Read more]

Sector Energy
IPO Date Dec 7, 2010
Employees 3,370
Stock Exchange NYSE
Ticker Symbol TRGP
Full Company Profile

Financial Performance

In 2024, Targa Resources's revenue was $16.38 billion, an increase of 2.00% compared to the previous year's $16.06 billion. Earnings were $1.27 billion, an increase of 53.28%.

Financial Statements

Analyst Summary

According to 15 analysts, the average rating for TRGP stock is "Strong Buy." The 12-month stock price target is $211.93, which is an increase of 24.88% from the latest price.

Price Target
$211.93
(24.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Oakmark Global All Cap Strategy Q3 2025 Portfolio Positioning

Dassault Systèmes (DASTY) primarily operates in oligopolistic niches, where it maintains what we view as a strong competitive position driven by high switching costs and distinguishes itself from peer...

Other symbols: CNCCRM
3 days ago - Seeking Alpha

Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes

HOUSTON, Nov. 06, 2025 (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...

7 days ago - GlobeNewsWire

Targa Resources Corp. (TRGP) Q3 2025 Earnings Call Transcript

Targa Resources Corp. ( TRGP) Q3 2025 Earnings Call November 5, 2025 11:00 AM EST Company Participants Tristan Richardson Matt Meloy - CEO & Director Jennifer Kneale - President William Byers - Chief...

8 days ago - Seeking Alpha

Targa Resources Corp. Reports Record Third Quarter 2025 Results and Announces Expectation for a 25% Increase to its 2026 Common Dividend

HOUSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2025 results.

8 days ago - GlobeNewsWire

Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2025 Earnings Webcast

HOUSTON, Oct. 16, 2025 (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 $1.00 per...

4 weeks ago - GlobeNewsWire

Solid Fundamentals, Cyclical Downturns Have Led To New Purchases

Dassault: Despite solid fundamentals, cyclical downturns have led the share price to decline nearly 40% from its peak, providing the opportunity to purchase shares. Hexagon is poised to see an inflect...

Other symbols: CRMNETNGL
4 weeks ago - Seeking Alpha

10 stocks that not only beat the S&P 500 but also grew their dividends the most

A strategy of growing dividend income over time might be better than focusing on high current yields.

Other symbols: DRIFANGGSKIMMSSLBWFC
6 weeks ago - Market Watch

Targa Resources Corp. Announces Permian Growth Projects and an Expansion of its Permian to Mont Belvieu NGL Pipeline Transportation System

HOUSTON, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or “the Company”) announced today new organic growth projects to support continuing NGL and natural gas producti...

6 weeks ago - GlobeNewsWire

Targa Resources Corp. Releases Sustainability Report

HOUSTON, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2024 is now available on the Company's webs...

2 months ago - GlobeNewsWire

Targa Resources: The Growth Story Isn't Over

Targa Resources Corp. has delivered exceptional total returns and outperformed midstream peers over the past five years, driven by strong financial growth. TRGP remains attractively valued compared to...

2 months ago - Seeking Alpha

Targa Resources Corp. Launches Non-Binding Open Season for Natural Gas Pipeline in the Delaware Basin

HOUSTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today the launch of a non-binding open season for its proposed Forza Pipeline Projec...

2 months ago - GlobeNewsWire

Targa Resources: A Unique Focus On Growth In The Midstream Sector

Targa Resources is well positioned in the Permian Basin, driving strong volume and cash flow growth through aggressive capital investment and infrastructure expansion. Despite a lower dividend yield t...

3 months ago - Seeking Alpha

Targa Resources Corp. (TRGP) Q2 2025 Earnings Call Transcript

Targa Resources Corp. (NYSE:TRGP) Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ET Company Participants Benjamin Branstetter - Corporate Participant D. Scott Pryor - President of Logistics...

3 months ago - Seeking Alpha

Targa Resources Corp. Reports Second Quarter 2025 Financial Results

HOUSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported second quarter 2025 results.

3 months ago - GlobeNewsWire

Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2025 Earnings Webcast

HOUSTON, July 10, 2025 (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 $1.00 per...

4 months ago - GlobeNewsWire

The Best Growth Stocks to Buy

Growth stocks can create significant returns for investors, but what are they and how do you find the best ones? We take a closer look here.

4 months ago - Kiplinger

Midstream Goldmine: Targa Resources Taps The Permian Boom

Targa Resources benefits from strong NGL demand, Permian growth, and a fee-based model driving stable, record EBITDA and sustainable cash flows. Aggressive capex and expansion, combined with disciplin...

5 months ago - Seeking Alpha

Targa Resources: Underappreciated Resilience Supports Upside

Targa Resources has de-risked its business, now 90% fee-based, and grown EBITDA by 24% over five years, driven by Permian Basin expansion. Despite underperformance and a lower dividend yield versus pe...

5 months ago - Seeking Alpha

Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes

HOUSTON, June 04, 2025 (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...

5 months ago - GlobeNewsWire

Trade Tracker: Kevin Simpson buys Coca-Cola & Cisco and sells Targa Resources

Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest trades.

Other symbols: CSCOKO
6 months ago - CNBC Television

Targa Resources Corp. (TRGP) Q1 2025 Earnings Call Transcript

Targa Resources Corp. (TRGP) Q1 2025 Earnings Call Transcript

7 months ago - Seeking Alpha

Targa Resources Corp. Reports Record First Quarter 2025 Financial Results

HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2025 results.

7 months ago - GlobeNewsWire

Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2025 Earnings Webcast

HOUSTON, April 10, 2025 (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...

7 months ago - GlobeNewsWire

If I Could Only Buy 3 CEFs During This Crash

The market is crashing—but these 3 CEFs offer high yields, deep discounts, and recession resistance. Falling interest rates and rising uncertainty? These funds are built to thrive. Own the chaos: CEFs...

Other symbols: AMLPASAEPDETGLDNMLUTG
7 months ago - Seeking Alpha

TRAVERSE PIPELINE REACHES FINAL INVESTMENT DECISION TO TRANSPORT NATURAL GAS BETWEEN AGUA DULCE AND THE KATY AREA

AUSTIN, Texas , April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB), through the WPC joint venture ("WPC"), have partnered wit...

Other symbols: ENBMPLX
8 months ago - PRNewsWire