About Targa Resources Corp
- Industry: Energy
- Exchange: NEW YORK STOCK EXCHANGE, INC.
- Country: US
- Website: https://www.targaresources.com/
Frequently Asked Questions
What is the 52-week range for TRGP?
The 52-week high is $307.94 and the 52-week low is $144.14.
What is the P/E ratio for TRGP?
The Price to Earnings (P/E) ratio is 26.41.
What is the dividend yield for TRGP?
The indicated annual dividend yield is 2.28%.
What is the Return on Equity (ROE)?
The trailing twelve months (TTM) Return on Equity is 72.17%.
What is the Net Profit Margin?
The Net Profit Margin (TTM) is 13.54%.
What is the Price to Book (P/B) Ratio?
The annual Price to Book ratio stands at 12.91.
Analyst Recommendation Trends
Wall Street analyst consensus for TRGP over the last few months:
Latest TRGP News
Is Targa Resources Stock a Smart Hold in Today's Market?
TRGP's 64.3% share surge, rising 2026 earnings estimates and expansion plans face counterweights from debt, higher costs and commodity risks.
Analyst Rating Boosts May Signal More Upside for These 3 Stocks
StubHub, Targa Resources, and Equinor recently received analyst upgrades tied to improving fundamentals, EBITDA growth, long-term contracts, and strategic positioning in energy and ticketing markets.
Truist Adds Fresh Fuel to Targa’s (TRGP) Growth Story. Is There More Upside Ahead?
Targa Resources Corp. (NYSE:TRGP) has been on a strong run this year, posting gains of almost 55% since the beginning of 2026. A primary driver behind the rally is the 20-year fee-based agreement that the company signed with ExxonMobil in August. Despite the stock’s substantial gains and concerns that its rally could be nearing its […]
Targa Resources (TRGP) Stock May Be 48% Undervalued Despite Permian Power Deal
Targa Resources has had a powerful multi‑year run, and with the stock now around US$283, the key issue for investors is whether that price still lines up with the cash the business can generate over time. Over the past 5 years the share price has risen by a very large amount, which puts a lot of weight on whether the underlying cash flows can justify that journey. New long term power contracts supporting Targa Resources' Permian Basin gas processing expansion may influence future cash flow...
TNGY: Energy ETF Positioned To Profit From Market Realities
Tortoise Energy Fund ETF is well-positioned amid global refining shortages and LNG supply disruptions. Read more on TNGY ETF here.
Tortoise North American Pipeline Fund ETF: Slow And Steady Might Be Needed For 2027
The Tortoise North American Pipeline Fund ETF has delivered a nearly 80% total return over three years, outperforming the S&P 500. Click for more on TPYP ETF.
Targa Resources (TRGP) Secures 230 Megawatts Of Long Term Power Capacity
Targa Resources (NYSE:TRGP) agreed long term power supply deals with PROPWR covering 230 megawatts for Permian Basin projects. The multi year contracts are structured to support Targa Resources' expanding natural gas processing infrastructure in the region. PROPWR's commitment secures a large block of capacity that can be allocated to Targa Resources' future energy requirements. The new 230 megawatt power agreement with PROPWR is only one piece of what matters for Targa Resources today...
'India Will Step Up US LPG Buying as Middle East Risks Persist' - Bloomberg
https://www.bloomberg.com/news/articles/2026-09-25/india-will-step-up-us-lpg-buying-as-middle-east-risks-persist
ProPetro's PROPWR Expands Power Footprint With Targa Deal
PUMP's PROPWR secures 230 MW in long-term TRGP contracts, lifting committed capacity to 510 MW and widening its Permian on-site power footprint.
Here's How Much $100 Invested In Targa Resources 10 Years Ago Would Be Worth Today
Targa Resources (NYSE:TRGP) has outperformed the market over the past 10 years by 6.21% on an annualized basis producing an average annual return of 19.81%. Currently, Targa Resources has a market capitalization of
PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.
MIDLAND, Texas, September 22, 2026--PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.
Truist Securities Reiterates Buy on Targa Resources, Raises Price Target to $345
Truist Securities analyst Gabe Daoud reiterates Targa Resources (NYSE:TRGP) with a Buy and raises the price target from $312 to $345.
Targa Resources (TRGP) Gets a Fresh Vote of Confidence from TD Cowen
Targa Resources Corp. (NYSE:TRGP) has significantly outperformed the wider market this year, posting gains of over 56% since the beginning of 2026. A major catalyst behind this growth was the 20-year fee-based agreement that the company signed with ExxonMobil last month. While there are concerns that the stock’s rally may have topped out, the analysts […]
Targa Resources (TRGP) Set a Record Quarter and Then Raised the Bar
On August 6, Targa Resources Corp. (NYSE:TRGP) reported a record second quarter. Adjusted EBITDA reached $1.60 billion, a 38% jump from the same period a year earlier, and management now expects full-year results near the top of its guidance range. Targa moves and processes natural gas and natural gas liquids out of the Permian Basin, […]
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TD Cowen Upgrades Targa Resources to Buy, Raises Price Target to $350
TD Cowen analyst Jason Gabelman upgrades Targa Resources (NYSE:TRGP) from Hold to Buy and raises the price target from $275 to $350.
Panama NGL Pipeline Decision Coming: Who Gets The Bid
Panama is advancing a 2.5 mmboe/d NGL pipeline across the isthmus, bypassing canal congestion and unlocking an export route to Asia. Read full analysis here.
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 Company’s website at https://www.targaresources.com/sustainability. The report provides a review of our performance for calendar year 2025 against various environmental, social, and governance topics that Targa believes are important to the industry and the Company’s business. About Targa Resources Corp.
Morgan Stanley Maintains Overweight on Targa Resources, Raises Price Target to $359
Morgan Stanley analyst Robert Kad maintains Targa Resources (NYSE:TRGP) with a Overweight and raises the price target from $343 to $359.
Is Targa Resources Stock Outperforming the S&P 500?
Targa Resources has notably outperformed the S&P 500 over the past year, and analysts are highly optimistic about the stock’s prospects.
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts
U.S. stocks rose as oil fell; Benzinga highlights top analysts’ latest calls on IES Holdings, Targa Resources and RH.
Mizuho Maintains Outperform on Targa Resources, Raises Price Target to $320
Mizuho analyst Gabriel Moreen maintains Targa Resources (NYSE:TRGP) with a Outperform and raises the price target from $300 to $320.
Scotiabank Maintains Sector Outperform on Targa Resources, Raises Price Target to $314
Scotiabank analyst Brandon Bingham maintains Targa Resources (NYSE:TRGP) with a Sector Outperform and raises the price target from $257 to $314.
Stifel Reinstates Buy on Targa Resources, Announces $340 Price Target
Stifel analyst Robert Hodges reinstates Targa Resources (NYSE:TRGP) with a Buy and announces $340 price target.
$100 Invested In Targa Resources 15 Years Ago Would Be Worth This Much Today
Targa Resources (NYSE:TRGP) has outperformed the market over the past 15 years by 2.6% on an annualized basis producing an average annual return of 15.95%. Currently, Targa Resources has a market capitalization of
Related Stocks (Peers)
Recent Insider Transactions
| Date | Name | Shares Changed | Price | Value |
|---|---|---|---|---|
| 2026-09-03 | Perkins Joe Bob | -8,370 | - | - |
| 2026-09-01 | Secrest Brent B. | +10,000 | - | - |
| 2026-09-01 | Chung Paul W | -816 | $297 | $242,352 |
| 2026-09-01 | Chung Paul W | -1,000 | $295.381 | $295,381 |
| 2026-08-25 | CRISP CHARLES R | -3,000 | $290.23 | $870,690 |
| 2026-08-25 | CRISP CHARLES R | -1,200 | - | - |
| 2026-08-21 | Davis Waters S IV | -590 | $303.8142 | $179,250 |
| 2026-08-21 | Davis Waters S IV | -270 | $302.4687 | $81,667 |
| 2026-08-21 | Davis Waters S IV | -154 | $300.175 | $46,227 |
| 2026-08-21 | Davis Waters S IV | -254 | $298.6809 | $75,865 |
| 2026-08-21 | Davis Waters S IV | -692 | $297.3792 | $205,786 |
| 2026-08-21 | Davis Waters S IV | -440 | $296.3945 | $130,414 |
| 2026-08-20 | Chung Paul W | -1,000 | - | - |
| 2026-08-18 | Muraro Robert | +20,000 | - | - |
| 2026-08-01 | Branstetter Benjamin James | -1,346 | $270.37 | $363,918 |
| 2026-08-01 | Eklof John Christopher | -578 | $270.37 | $156,274 |
| 2026-08-01 | Shrader Gerald R | -1,718 | $270.37 | $464,496 |
| 2026-07-21 | Mathiasmeier Thomas Joseph | +477 | - | - |
| 2026-05-14 | MELOY MATTHEW J | -15,000 | - | - |
| 2026-05-12 | Chung Paul W | -6,000 | - | - |
| 2026-05-12 | CRISP CHARLES R | -10,602 | $255.9647 | $2,713,738 |
| 2026-03-05 | Muraro Robert | -24,589 | $241.3428 | $5,934,378 |
| 2026-03-02 | McDonie Patrick J. | -1,116 | $240.2542 | $268,124 |
| 2026-03-02 | McDonie Patrick J. | -30,421 | $239.332 | $7,280,719 |
| 2026-03-02 | Branstetter Benjamin James | -100 | $238.99 | $23,899 |
| 2026-03-02 | Branstetter Benjamin James | -3,158 | $238.83 | $754,225 |
| 2026-03-01 | Branstetter Benjamin James | -3,542 | $235.8 | $835,204 |
| 2026-02-26 | Cooksen Lindsey | -435 | $231.7165 | $100,797 |
| 2026-02-26 | Pryor D. Scott | -2,500 | - | - |
| 2026-02-26 | Pryor D. Scott | +12,104 | - | - |
| 2026-02-26 | Pryor D. Scott | -12,104 | - | - |
| 2026-02-25 | Pryor D. Scott | -1,698 | $230.0995 | $390,709 |
| 2026-02-25 | Pryor D. Scott | -9,134 | $229.44 | $2,095,705 |
| 2026-02-25 | Pryor D. Scott | -3,870 | $228.3448 | $883,694 |
| 2026-02-25 | Pryor D. Scott | -2,798 | $227.2769 | $635,921 |
| 2026-02-24 | JOYCE RENE R | -4,000 | - | - |
| 2026-02-24 | Kneale Jennifer R. | -1,525 | $230.4278 | $351,402 |
| 2026-02-24 | Kneale Jennifer R. | -27,984 | $230.0985 | $6,439,076 |
| 2026-02-24 | MELOY MATTHEW J | -40,000 | - | - |
| 2026-02-24 | CRISP CHARLES R | -1,359 | $229.3 | $311,619 |
| 2026-02-24 | CRISP CHARLES R | -1,500 | - | - |
| 2026-01-19 | McDonie Patrick J. | -5,958 | $185.35 | $1,104,315 |
| 2026-01-19 | McDonie Patrick J. | -14,129 | $185.35 | $2,618,810 |
| 2026-01-19 | McDonie Patrick J. | +33,965 | - | - |
| 2026-01-19 | Pryor D. Scott | -5,347 | $185.35 | $991,066 |
| 2026-01-19 | Pryor D. Scott | -12,600 | $185.35 | $2,335,410 |
| 2026-01-19 | Pryor D. Scott | +33,965 | - | - |
| 2026-01-19 | MELOY MATTHEW J | -21,077 | $185.35 | $3,906,622 |
| 2026-01-19 | MELOY MATTHEW J | -51,921 | $185.35 | $9,623,557 |
| 2026-01-19 | MELOY MATTHEW J | +133,905 | - | - |
| 2026-01-19 | Kneale Jennifer R. | -7,643 | $185.35 | $1,416,630 |
| 2026-01-19 | Kneale Jennifer R. | -18,342 | $185.35 | $3,399,690 |
| 2026-01-19 | Kneale Jennifer R. | +48,558 | - | - |
| 2026-01-19 | Muraro Robert | -5,347 | $185.35 | $991,066 |
| 2026-01-19 | Muraro Robert | -13,410 | $185.35 | $2,485,544 |
| 2026-01-19 | Muraro Robert | +33,965 | - | - |
| 2026-01-15 | Byers William A. | +7,237 | - | - |
| 2026-01-15 | McDonie Patrick J. | +9,081 | - | - |
| 2026-01-15 | MELOY MATTHEW J | +32,828 | - | - |
| 2026-01-15 | Kneale Jennifer R. | +14,927 | - | - |
| 2026-01-15 | Muraro Robert | +9,081 | - | - |
| 2026-01-15 | Shrader Gerald R | +6,680 | - | - |
| 2026-01-15 | Eklof John Christopher | +1,566 | - | - |
| 2026-01-15 | Davis Waters S IV | +1,030 | - | - |
| 2026-01-15 | Cooksen Lindsey | +1,030 | - | - |
| 2026-01-15 | Bowman Beth A. | +1,030 | - | - |
| 2026-01-15 | Fulton Laura C. | +1,030 | - | - |
| 2026-01-15 | Perkins Joe Bob | +1,030 | - | - |
| 2026-01-15 | Chung Paul W | +1,559 | - | - |
| 2026-01-15 | Teague R Keith | +1,030 | - | - |
| 2026-01-15 | Lawhorn Caron A | +1,030 | - | - |
| 2026-01-15 | JOYCE RENE R | +1,030 | - | - |
| 2026-01-15 | CRISP CHARLES R | +1,030 | - | - |
| 2025-12-05 | Shrader Gerald R | -1,150 | - | - |
| 2025-12-05 | Shrader Gerald R | -2,750 | $181.21 | $498,328 |
| 2025-11-14 | Pryor D. Scott | -2,139 | - | - |
| 2025-11-14 | Pryor D. Scott | -20,000 | $172.2075 | $3,444,150 |
| 2025-11-12 | CRISP CHARLES R | -2,000 | - | - |
| 2025-11-11 | MELOY MATTHEW J | -12,130 | - | - |