Targa Resources Corp. (TRGP)
| Market Cap | 49.84B +11.8% |
| Revenue (ttm) | 17.03B +3.9% |
| Net Income | 1.84B +46.6% |
| EPS | 8.49 +47.9% |
| Shares Out | 214.95M |
| PE Ratio | 27.31 |
| Forward PE | 23.18 |
| Dividend | $5.00 (2.16%) |
| Ex-Dividend Date | Jan 30, 2026 |
| Volume | 1,761,929 |
| Open | 230.29 |
| Previous Close | 231.35 |
| Day's Range | 227.82 - 233.28 |
| 52-Week Range | 144.14 - 233.28 |
| Beta | 0.87 |
| Analysts | Strong Buy |
| Price Target | 217.69 (-6.12%) |
| Earnings Date | Feb 19, 2026 |
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]
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 StatementsAnalyst Summary
According to 13 analysts, the average rating for TRGP stock is "Strong Buy." The 12-month stock price target is $217.69, which is a decrease of -6.12% from the latest price.
News
Targa Resources Corp. Announces Form 10-K Available
HOUSTON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRGP" or the "Company" or "Targa") has filed its Form 10-K with the Securities and Exchange Commission (SEC) for the yea...
Targa Resources Corp. (TRGP) Q4 2025 Earnings Call Transcript
Targa Resources Corp. (TRGP) Q4 2025 Earnings Call Transcript
Targa Resources beats quarterly core profit estimates on boost in gas volumes
Pipeline operator Targa Resources beat Wall Street estimates for fourth-quarter adjusted core profit on Thursday, on the back of increased demand and higher transport volumes of natural gas and natura...
Targa Resources Corp. Reports Record Fourth Quarter and Full Year 2025 Financial Results and Provides Outlook for Record 2026
HOUSTON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported fourth quarter and full year 2025 results.
Targa Resources: Loading The Chamber For Future Growth (Rating Upgrade)
Targa Resources is executing large-scale investments in long-haul pipelines and export terminals to enable bottleneck-free G&P business growth. TRGP leverages third-party volumes to optimize asset uti...
Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2025 Earnings Webcast
HOUSTON, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) today announced its quarterly dividend on common shares with respect to the fourth quarter of 2...
Targa Resources Corp. Completes Acquisition of Stakeholder Midstream
HOUSTON, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has closed the previously announced acquisition of Stakeholder Midstrea...
Targa Resources to Acquire Stakeholder Midstream for $1.25 Billion
Targa Resources agreed to acquire Stakeholder Midstream, which provides natural gas gathering and processing services in the Permian Basin, for $1.25 billion in cash.
Targa Resources to acquire Stakeholder Midstream for $1.25 billion
Pipeline operator Targa Resources said on Monday it will acquire Stakeholder Midstream for $1.25 billion in cash.
Targa Resources Corp. to Acquire Permian Basin Gathering & Processing System for $1.25 Billion
HOUSTON, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today a definitive agreement under which a wholly-owned subsidiary of Targa will acq...
Targa Resources: Underlying Cash Flow Is Underappreciated
Targa Resources is rated a 'Buy,' with a 12-month price target of $200, reflecting strong growth prospects and undervaluation. TRGP's Q3 results showed robust EBITDA growth, driven by Permian Basin st...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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.