TRGP

Targa Resources Inc
NYSEENERGYOIL & GAS MIDSTREAM

Key Statistics

Market Cap
$59.64B
P/E Ratio
27.93
EPS
$9.95
Beta
0.70
52W High
$280.00
52W Low
$141.77
50-Day MA
$263.42
200-Day MA
$213.13
Dividend Yield
1.55%
Profit Margin
12.90%
Forward P/E
25.19
PEG Ratio
1.25

About Targa Resources Inc

Targa Resources Corp. The company is headquartered in Houston, Texas.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$16.56B
Gross Profit (TTM)$6.92B
EBITDA$5.22B
Operating Margin20.90%
Return on Equity74.10%
Return on Assets9.13%
Revenue/Share (TTM)$76.91
Book Value$14.61
Price-to-Book18.74
Price-to-Sales (TTM)3.60
EV/Revenue4.698
EV/EBITDA14.91
Quarterly Earnings Growth (YoY)142.90%
Quarterly Revenue Growth (YoY)-10.20%
Shares Outstanding$214.64M
Float$211.30M
% Insiders1.38%
% Institutions97.27%

Historical Volatility

HV 10-Day
35.09%
HV 20-Day
32.70%
HV 30-Day
31.08%
HV 60-Day
29.87%
HV Rank
83.3%

Volatility is currently expanding

Analyst Ratings

Consensus ($285.71 target)
6
Strong Buy
13
Buy
3
Hold

Latest News

Targa Resources: Growth And Cash Flow Inflection Support The Rally

Targa Resources remains a 'Buy' as its Permian Basin NGL midstream footprint drives double-digit EBITDA and dividend growth. TRGP's aggressive growth cap-ex program addresses pent-up Permian demand and positions it to benefit from secular U.S. energy export growth. EBITDA guidance was raised to $5.7–$5.9 billion, with cap-ex set to decline, unlocking significant free cash flow and supporting substantial future dividend increases.

Seeking Alpha7/1/2026Positive
Why Investors Should Care About Midstream Classifications

The energy infrastructure sector includes a range of different business models, from gathering systems at the wellhead to long-haul pipelines and export facilities. Comparing midstream companies without a standardized framework of midstream classifications can be difficult.

ETF Trends6/30/2026Neutral
2 Dividend Stocks I Want So Badly It's Almost Painful

Targa Resources (TRGP) and Blue Owl Capital (OWL) are top TOLL picks, offering differentiated income and growth amid market disruption. TRGP delivers robust total return potential, leveraging irreplaceable Permian Basin assets, high margin scalability, and a five-year dividend CAGR of 60%. OWL offers a 9%+ yield, substantial fee-based income from $315B AUM, and trades at a deep valuation discount despite recent sector pressures.

Seeking Alpha6/18/2026Positive
Midstream: Robust Gas Backlogs Drive Growth Visibility

North American natural gas demand is poised for a historic increase driven by growth in liquefied natural gas (LNG) exports and the demand for power, which includes data centers. This backdrop is driving unprecedented opportunities for natural gas-focused midstream companies.

ETF Trends6/2/2026Positive
1Q26 MLP/Midstream Dividends: Growth Trend Continues

Key Takeaways: On a year-over-year basis, 96.0% of the Alerian Midstream Energy Index (AMNA) by weighting have grown their dividends. MLPs largely drove sequential growth in payouts for 1Q26, while most corporations kept their dividends steady.

ETF Trends5/19/2026Positive

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Data last updated: 7/9/2026