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Metrics as of 10/17/2026, 08:26 AM (Berlin time), refresh in progress.

Targa Resources Stock

Targa Resources Corp.

TRGPNYSEKern
US$294.90
+4.4% today

Company data

Sector
Energy
Industry
Oil & Gas Midstream
Country
United States
CEO
Matthew J. Meloy
Employees
3,570
Market cap
$63.2 B
IPO
07/12/2010

Targa Resources Corp. operates in the U.S. energy / oil & gas midstream sector and is headquartered in Houston, Texas. The company focuses on the ownership, operation, and development of infrastructure for processing and transporting natural gas, natural gas liquids (NGLs), and crude oil. Its physical footprint…

AI-generated company profile based on the figures on this page, last updated on 01/10/2026. Not investment advice.

Targa Resources stock: price history

16/10/25+101.6 %16/10/26

1D

+4.4%

1W

+2.9%

1M

+3.6%

6M

+25.2%

YTD

+59.8%

1Y

+101.6%

2Y

+81.3%

5Y

+429.3%

10Y

+512.8%

Next earnings date

Next earnings date

05/11/2026 (in 19 days)

Volatility around earnings

~25% weaker price swings than usual

Pattern chart

Pattern detected by the Market Jury detector vdouble-bottom-top-v1.0 on 13/10/26. Not a buy or sell signal.Beta

What does this mean?

Double bottom

Bullish

The price bounced off a similar low twice, with a rally in between. This W-shaped pattern is a classic reversal signal from a downtrend into an uptrend.

Chart patterns are a purely technical signal derived from price action. At Market Jury they do not feed into the agents' buy or sell decisions, they are supplementary information only.

Targa Resources stock scores

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Deterministically calculated from financial metrics, not investment advice. Updated nightly, last on 17/10/2026.

Business model & megatrends

Business model

Very robust business model with strong megatrend tailwind: wide moat, strong pricing power, predictable revenue.

Why this value? Details with Pro only.

Targa Resources Corp. is a major North American midstream energy company specializing in infrastructure for natural gas and liquefied petroleum gases. The business model comprises two core segments: gathering and processing as well as logistics and transportation. With an extensive network of over 28,000 miles of pipelines, numerous processing facilities, high-capacity storage caverns, and its own transport fleet, the company serves customers throughout the value chain. The offering ranges from gas compression and treatment to providing logistics solutions for refineries and petrochemical facilities along the Gulf Coast. Additionally, the company is engaged in trading natural gas and NGL products as well as in the distribution of liquefied propane, thereby combining infrastructure services with the trading of energy products.

Revenue model
Mixed
Recurring revenue
High
Pricing power
Moderate
Moat
Wide
Moat type
Switching costs
Capital intensity
High
Customer concentration
Low

Ask the agents about Targa Resources

Analyst assessment of Targa Resources

PRICE TARGET LOW

US$294.00

CONSENSUS

US$328.46

MEDIAN

US$326.00

PRICE TARGET HIGH

US$359.00

1

STRONG BUY

27

BUY

6

HOLD

0

SELL

0

STRONG SELL

34

TOTAL · Buy

As of: 13/10/2026

ANALYST FIRMRATINGACTIONDATE
CitigroupBuymaintain13/10/2026
BarclaysOverweightmaintain08/10/2026
Truist SecuritiesBuymaintain21/09/2026
TD CowenHold → Buyupgrade18/09/2026
Morgan StanleyOverweightmaintain16/09/2026
MizuhoOutperformmaintain11/09/2026
ScotiabankSector Outperformmaintain10/09/2026
Wells FargoOverweightmaintain02/09/2026

Targa Resources stock metrics

P/E

28.01

P/B

17.34

EV/EBITDA

17.33

RETURN ON EQUITY

20.9%

NET MARGIN

17.2%

DEBT/EQUITY

5.51

DIVIDEND YIELD

1.5%

AS OF

30/06/2026

Free float & liquidity

FREE FLOAT

98.4%

FLOAT SHARES

211,073,225

AVG. DAILY VOLUME (30D)

1,103,642

Insider transactions (SEC)

ROLETRANSACTIONSHARESPRICEPLAN TYPEDATE

Perkins Joe Bob

DirectorGift8,370–Spontaneous08/09/2026

Secrest Brent B.

OfficerGrant10,000–Spontaneous03/09/2026

Chung Paul W

DirectorSale816297Spontaneous03/09/2026

Chung Paul W

DirectorSale1,000295.38Spontaneous03/09/2026

CRISP CHARLES R

DirectorGift1,200–Spontaneous26/08/2026
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Attention

1 mention today in US forums, about the same as yesterdayPrice since yesterday: +4.4%

Search (Google Trends)

18/0902/1017/10

Forums (Reddit)

21/0922/09

Institutional holders

FUND / INSTITUTIONSHARESCHANGEAS OF
CHICKASAW CAPITAL MANAGEMENT LLC1,606,269-45,18030/09/2026
Artemis Investment Management LLP457,261+111,74130/09/2026
Assenagon Asset Management S.A.194,283+116,98430/09/2026
Ninety One UK Ltd155,668+3,33930/09/2026
Fisher Funds Management LTD149,969+74,96230/09/2026
Page 1 / 3

Dividends

EX-DATEPAY DATEAMOUNTYIELD
30/10/202617/11/2026US$1.251.6 %
31/07/202614/08/2026US$1.251.7 %
30/04/202615/05/2026US$1.251.6 %
30/01/202613/02/2026US$1.002 %
31/10/202517/11/2025US$1.002.4 %
Page 1 / 8

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Comparable stocks

Frequently asked questions about Targa Resources stock

What does Targa Resources do?

Targa Resources Corp. is a company in the Energy sector, Oil & Gas Midstream industry, headquartered in United States.

The CEO is Matthew J. Meloy, the company employs around 3,570 people.

The IPO was on 07/12/2010; the stock trades on NYSE under the ticker TRGP.

What do analysts say about Targa Resources stock?

34 analysts rate the stock, the consensus is Buy (as of 13/10/2026).

The average price target is US$328.46, ranging from US$294.00 to US$359.00, with a median of US$326.00.

This is an external assessment, not a statement by Market Jury.

When does Targa Resources report next?

The next earnings date is 05/11/2026.

Around past earnings, price swings were roughly -25% stronger than usual.

Does Targa Resources pay a dividend?

Yes. The last dividend was US$1.25 per share, ex-date 30/10/2026, paid on 17/11/2026.

The dividend yield is 1.5% (as of 30/06/2026).

Which stocks are comparable to Targa Resources?

Comparable stocks include Williams Companies, Enterprise Products Partners L.P., Kinder Morgan, ONEOK, Venture Global, TransCanada PipeLines Limited 6, Plains All American Pipeline, L.P. and DT Midstream.

How can I get Targa Resources stock analyzed?

Clicking "Analyze stock" lets five strategies assess Targa Resources against fixed, published rules and judge it bullish, neutral or bearish. The jury states where it disagrees. A free account starts with 5 credits, a quick check costs 1 credit, a full analysis 2 credits.

Not investment advice. Past performance is not an indicator of future results.