Targa Resources Corp. The company is headquartered in Houston, Texas.
| Revenue (TTM) | $16.74B |
| Gross Profit (TTM) | $7.23B |
| EBITDA | $5.50B |
| Operating Margin | 27.80% |
| Return on Equity | 70.80% |
| Return on Assets | 9.24% |
| Revenue/Share (TTM) | $77.92 |
| Book Value | $14.29 |
| Price-to-Book | 15.28 |
| Price-to-Sales (TTM) | 3.39 |
| EV/Revenue | 4.288 |
| EV/EBITDA | 13.44 |
| Quarterly Earnings Growth (YoY) | 23.30% |
| Quarterly Revenue Growth (YoY) | 4.20% |
| Shares Outstanding | $214.43M |
| Float | $211.03M |
| % Insiders | 1.38% |
| % Institutions | 97.70% |
Volatility is currently expanding
Targa Resources, Inc. (TRGP) came out with quarterly earnings of $3.04 per share, beating the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $2.2 per share a year ago.
Targa Resources Corp. (TRGP) Q3 2026 Earnings Call Transcript
Microsoft was the largest contributor, with its shares up 37.8% for the quarter. KLA and Applied Materials were the largest detractors, falling 35.3% and 29.2%. On a relative basis, three of the largest detractors were companies we did not own: NVIDIA, Apple, and Meta, which rose 14.3%, 15.2%, and 28.8%. We made one change to the portfolio during the quarter, purchasing Garmin and selling Verisk, and rebalanced outliers back to approximately equal weights during the same trade window.
HOUSTON, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2026 results.
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