Targa Resources Corp. (TRGP)
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- symbol TRGP
- Rev/Share 75.4346
- Book/Share 11.8059
- PB 15.1551
- Debt/Equity 6.6123
- CurrentRatio 0.6492
- ROIC 0.1049
- MktCap 36984736680.0
- FreeCF/Share 2.9348
- PFCF 57.8338
- PE 28.415
- Debt/Assets 0.7109
- DivYield 0.0191
- ROE 0.5185
- Rating B-
- Score 3
- Recommendation Neutral
- P/E Score 1
- DCF Score 3
- P/B Score 1
- D/E Score 1
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Resumed | TRGP | Scotiabank | -- | Sector Outperform | -- | $218 | Jan. 10, 2025 |
| Resumed | TRGP | BofA Securities | -- | Buy | -- | $182 | Oct. 17, 2024 |
News
Targa Resources, Inc. (TRGP) Could Be a Great Choice
Published: June 20, 2025 by: Zacks Investment Research
Sentiment: Positive
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
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Targa Stock Up 44% in the Past Year: Is it Time to Buy or Hold?
Published: June 17, 2025 by: Zacks Investment Research
Sentiment: Negative
Targa offers strong EBITDA growth, Permian strength and shareholder returns, but faces debt, capex strain, trade risks and rising midstream competition.
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Midstream Goldmine: Targa Resources Taps The Permian Boom
Published: June 06, 2025 by: Seeking Alpha
Sentiment: Positive
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 disciplined deleveraging, position Targa for long-term growth and shareholder value through dividends and buybacks. Risks include heavy Permian dependence and potential regulatory/environmental headwinds, but current tailwinds outweigh these concerns for now.
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Targa Resources: Underappreciated Resilience Supports Upside
Published: June 05, 2025 by: Seeking Alpha
Sentiment: Positive
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 peers, Targa's strong cash flow and buybacks support shareholder returns and future dividend growth. Ongoing export growth, a robust capital program, and improved balance sheet position, Targa for continued volume and earnings expansion.
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Are You Looking for a High-Growth Dividend Stock?
Published: June 04, 2025 by: Zacks Investment Research
Sentiment: Positive
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
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Why Targa Resources, Inc. (TRGP) is a Great Dividend Stock Right Now
Published: May 19, 2025 by: Zacks Investment Research
Sentiment: Positive
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Read More
3 Refining & Marketing MLPs Poised to Defy Bearish Trends
Published: May 16, 2025 by: Zacks Investment Research
Sentiment: Negative
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing MLP industry, we advise focusing on companies like TRGP, SUN and GLP.
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Targa Resources Q1 Earnings Miss Estimates, Expenses Increase Y/Y
Published: May 06, 2025 by: Zacks Investment Research
Sentiment: Negative
TRGP's first-quarter adjusted EBITDA totals $1.2 billion, up from $966.2 million in the prior-year period.
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Targa Resources, Inc. (TRGP) Could Be a Great Choice
Published: May 01, 2025 by: Zacks Investment Research
Sentiment: Positive
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Read More
Targa Resources Corp. Reports Record First Quarter 2025 Financial Results
Published: May 01, 2025 by: GlobeNewsWire
Sentiment: Neutral
HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2025 results.
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How Will These 3 Energy Stocks Perform This Earnings Season?
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Neutral
Here's a preview of what to expect from energy stocks TRP, TRGP, and PBF ahead of their quarterly earnings reports, set to be released tomorrow.
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Stay Ahead of the Game With Targa Resources (TRGP) Q1 Earnings: Wall Street's Insights on Key Metrics
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Positive
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Targa Resources (TRGP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
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Miller-Howard Infrastructure Q4 2024 Commentary
Published: February 26, 2025 by: Seeking Alpha
Sentiment: Positive
Infrastructure portfolio remained flat in Q4 but achieved its strongest calendar year in three years, outperforming its benchmark. Rising interest rates impacted REITs and utilities, while natural gas pipelines benefited from data center and AI trends. Over 80% of portfolio holdings increased dividends annually over the past 5 years, surpassing the large-cap dividend-paying universe.
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3 Reasons Growth Investors Will Love Targa Resources (TRGP)
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive
Targa Resources (TRGP) is well positioned to outperform the market, as it exhibits above-average growth in financials.
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Targa Resources (TRGP) Upgraded to Buy: Here's What You Should Know
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive
Targa Resources (TRGP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Targa Resources Corp. Prices $2.0 Billion Offering of Senior Notes
Published: February 24, 2025 by: GlobeNewsWire
Sentiment: Neutral
HOUSTON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $1.0 billion aggregate principal amount of its 5.550% Senior Notes due 2035 and $1.0 billion aggregate principal amount of its 6.125% Senior Notes due 2055 at a price to the public of 99.610% and 99.781% of their face value, respectively. The Offering is expected to close on February 27, 2025, subject to the satisfaction of customary closing conditions.
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Targa Resources Corp. Announces Form 10-K Available
Published: February 20, 2025 by: GlobeNewsWire
Sentiment: Neutral
HOUSTON, Feb. 20, 2025 (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 year ended December 31, 2024. The report may be accessed at www.sec.gov.
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Targa Resources Corp. (TRGP) Q4 2024 Earnings Call Transcript
Published: February 20, 2025 by: Seeking Alpha
Sentiment: Neutral
Targa Resources Corp. (NYSE:TRGP ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Tristan Richardson - Vice President, Investor Relations & Fundamentals Matt Meloy - Chief Executive Officer & Director Jen Kneale - President of Finance & Administration Will Byers - Executive Vice President & Chief Financial Officer Scott Pryor - President of Logistics & Transportation Pat McDonie - President of Gathering & Processing Bobby Muraro - Chief Commercial Officer Conference Call Participants Jeremy Tonet - JPMorgan Keith Stanley - Wolfe Research Manav Gupta - UBS AJ O'Donnell - TPH Michael Blum - Wells Fargo …
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Targa Resources Corp. Reports Record Fourth Quarter and Full Year 2024 Financial Results, Provides Growth Outlook for 2025 and Announces Refinancing of Badlands Preferred Equity
Published: February 20, 2025 by: GlobeNewsWire
Sentiment: Neutral
HOUSTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported fourth quarter and full year 2024 results.
Read More
About Targa Resources Corp. (TRGP)
- IPO Date 2010-12-07
- Website https://www.targaresources.com
- Industry Oil & Gas Midstream
- CEO Matthew J. Meloy
- Employees 3370