TRGP Company Profile and Key Details

Q: Who are the executives of TRGP?

Mr. Robert M. MuraroChief Commercial OfficerMr. Sanjay LadVice President of Fin. & Investor RelationsMr. Denny LathamExecutive Vice President of Permian & Gen. PartnerMs. Regina L. GregoryExecutive Vice President, Gen. Counsel & Sec.Mr. Matthew J. MeloyChief Executive Officer & DirectorMs. Jennifer R. KnealeChief Financial OfficerMr. G. Clark WhiteExecutive Vice President of OperationsMs. Julie H. BoushkaSenior Vice President & Chief Accounting OfficerMr. D. Scott PryorPres of Logistics & TransportationMr. Patrick J. McDoniePres of Gathering & Processing

NYSE : TRGP

Targa Resources

$205.55

1.11+0.54%

At Close 4:00 PM

59.25

B-ESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Targa Resources Corp. (TRGP) stock surged +0.54%, trading at $205.55 on NYSE, up from the previous close of $204.44. The stock opened at $201.72, fluctuating between $200.61 and $205.65 in the recent session.

Stock Snapshot

204.44

Prev. Close

44.12B

Market Cap

200.61

Day Low

27.74

P/E Ratio

7.41

EPS (TTM)

3.71

Cash Flow per Share

201.72

Open

214.66M

Number of Shares

205.65

Day High

98.32%

Free Float in %

12.31

Book Value

1.19M

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Feb 05, 2026	203.16	205.67	200.61	205.55	1.19M
Feb 04, 2026	203.85	205.93	200.80	204.44	1.4M
Feb 03, 2026	199.63	204.74	199.63	203.64	1.4M
Feb 02, 2026	196.75	200.27	195.34	198.67	1.36M
Jan 30, 2026	200.00	201.67	197.04	200.98	1.31M
Jan 29, 2026	204.67	207.47	199.45	201.52	1.97M
Jan 28, 2026	196.63	201.58	195.89	201.13	1.56M
Jan 27, 2026	193.11	196.15	192.32	195.04	1.14M
Jan 26, 2026	193.86	193.86	188.90	192.52	1.04M
Jan 23, 2026	193.58	195.16	191.26	191.50	1.25M
Jan 22, 2026	190.10	192.71	189.56	191.46	981.24K
Jan 21, 2026	188.22	192.49	187.37	190.06	1.28M
Jan 20, 2026	188.00	188.80	184.63	185.07	1.13M
Jan 16, 2026	179.76	185.87	179.76	185.35	1.16M
Jan 15, 2026	181.32	184.54	178.71	181.93	961.25K
Jan 14, 2026	180.49	187.23	180.30	182.78	1.34M
Jan 13, 2026	176.03	181.48	176.03	180.28	1.06M
Jan 12, 2026	175.91	178.35	173.66	174.98	951.79K
Jan 09, 2026	179.02	181.76	176.75	176.86	1.04M
Jan 08, 2026	175.00	178.73	173.57	176.76	1.61M

Contact Details

Houston, TX 77002

United States

https://www.targaresources.com 713 584 1000

About Company

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.

Stock Peers

LNG

-3.32-1.55%

Cheniere Energy, Inc.$210.54 DTM

0.85+0.67%

DT Midstream, Inc.$127.22 ET-PE

3.7423+4.82%

Energy Transfer LP$81.43 OKE

0.12+0.15%

ONEOK, Inc.$80.46 TNP-PE

3.77906+5.06%

Tsakos Energy Navigation Limited$78.39 MMP

0.46+0.67%

Magellan Midstream Partners, L.P.$69.00 WMB

0.96+1.44%

The Williams Companies, Inc.$67.42 STNG

0.9+1.40%

Scorpio Tankers Inc.$65.40 TNK

0.15+0.23%

Teekay Tankers Ltd.$64.42 TRP

0.62+1.05%

TC Energy Corporation$59.91

Company Overview

Targa Resources Corp. (NYSE:TRGP) closed at $205.55 USD, gaining $1.11 (0.54%) from the previous close of $204.44. The stock is currently within 5% of its 52-week high $144.14 and $211.87. With a market capitalization of about $44.12 billion, Targa Resources Corp. is classified as a large-cap and shows market-like volatility (beta ~0.87). Key stats such as the average daily volume over the past year has been around 1.43 million shares, in line with its 52-week average. Headquartered in Houston, TX, Targa Resources Corp. operates in the Energy sector and the Oil & Gas Midstream industry. Led by CEO Matthew J. Meloy, the company employs approximately 3,370 people and listed since December 07, 2010. Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America.

Technical Performance

TRGP has shown sold momentum, gaining 5.77% over the past week and 24.48% over the past quarter, though year-to-date performance is up 0.31%. Short-term trend indicators are bearishly aligned (SMA20 7.6%, SMA50 11.48%, SMA200 20.99%). The stock’s 14-day RSI is 74.48 (overbought), while the ATR of 5.26 points to higher daily volatility. The stock remains sitting in the mid-range of its 52-week band, trading -2.98% below its high and over 42.6% above its low. Average 10-day trading volume of 1.37 million shares is in line with the 3-month average of 1.36 million, indicating normal recent market interest.

Valuation Metrics

Targa Resources Corp. trades at a P/E ratio of 26.71, slightly below the S&P 500 average, with a price-to-sales ratio of 2.51 and a price-to-book ratio of 16.29 reflecting a rich premium to book value. The P/FCF stands at 68.4, also above market averages. Compared to sector medians, Targa Resources Corp. P/S is trading rich, and the P/B is far lower than peers, underscoring the brand and earnings power premium investors assign to the stock.

Dividend & Fair Value

Targa Resources Corp. last paid a dividend of 4 per share, this equals a trailing yield of roughly 1.51%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $226.87. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

Wall Street analysts project EPS growth of 25.61% annually over the next five years. The latest quarter delivered EPS of $2.24. The next quarter is forecast at $2.29. Next year's EPS is expected at $25.62. Analyst sentiment is bullish. Analyst rating data shows there are 25 Strong Buy ratings, 3 Buy ratings, 0 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $261.00 to $185.00. The high target offers 26.98% upside. The low target suggests -10.0% downside. The mean target is $211.39. This offers 2.84% upside. Targa Resources Corp. earnings surprise history is a mixed track record. The quarter that ended November 05, 2025, missed forecasts by 6.16%. The prior quarter beat by 54.3%. Over the last six quarters, Apple has recorded several small beats. These include 4.69% in August 01, 2024.

Shareholding & Insider Activity

Targa Resources Corp. has 215.19 million shares outstanding. The public float is 211.57 million shares, elevated short interest at 2.00% of float. This equals 3.71 million shares. The short ratio is 2.45 days. Institutional investors hold 95.59% of the float. Insiders own 1.36%. MELOY MATTHEW J holds 725.63 thousand shares, WHALEN JAMES W has 233.50 thousand shares and Kneale Jennifer R. has 227.27 thousand shares. Over the past six months, insider transactions show net selling. They sold 42.75 thousand shares across 3 transactions.

Financial & Profitability Overview

Over the trailing twelve months, Targa Resources generated $15.62B in revenue, or $69.11 per share. Gross margin was 16.23%, operating margin 14.00%, and net profit margin 5.30%. Returns are modest, with ROA at 3.76% and ROE at 30.23%.
On valuation metrics, Targa Resources trades at a P/E of 26.71, P/S of 2.51 and P/B of 16.29. Liquidity is tight, with a current ratio of 0.77 and quick ratio of 0.61. Operationally, the company’s inventory turnover is 27.69 and cash conversion cycle is 0.00 days. Debt-to-equity is 6.44, supported by a cash flow-to-debt ratio of 0.21.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Targa Resources posted revenue of $15.62B, down slightly from $20.93B in the prior quarter. Gross profit was $2.54B (margin 16.23%). Operating income was $2.19B (margin 14.0%). Net income was$828.20M (EPS $3.69).
The company ended the quarter with $253.60M in cash and short-term investments, a total debt of $13.01B, and net debt of $12.87B. Total assets were $22.03B, with equity of $4.61B. Financials further reflected stability, with operating cash flow of $3.21B, free cash flow of $826.20M, and capital expenditures of - $2.39B.

Price Forecast & Outlook

Our AI price prediction model suggests that Targa Resources Corp. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 7.53%, with price expected at $221.03 by February 18, 2026, within a range of $216.41 to $225.77 3-Month Outlook: Projected rise of 39.09%, reaching $285.90 by May 05, 2026, with a range of $276.64 to $296.15. 1-Year Outlook: Projected gain of 22.9%, with price at $252.63 by February 04, 2027, within a range of $245.21 to $260.81.

Key Takeaways

Targa Resources Corp. (NYSE:TRGP) shares are flat 0.31% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Targa Resources Corp. trading at a premium to the broader market with a P/E of 26.71. Analyst sentiment is bullish, with the majority of ratings in Overweight territory and a mean price target of $140.85, suggesting -31.48% downside. Our AI forecast model points to short-term strength (7.53% over two weeks), a medium-term rise (39.09% over three months), and a longer-term gain (22.9% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current Targa Resources Corp. (TRGP) stock price?

Targa Resources Corp. (NYSE: TRGP) stock price is $205.55 in the last trading session. During the trading session, TRGP stock reached the peak price of $205.65 while $200.61 was the lowest point it dropped to. The percentage change in TRGP stock occurred in the recent session was 0.54% while the dollar amount for the price change in TRGP stock was $1.11.

TRGP's industry and sector of operation?

The NYSE listed TRGP is part of Oil & Gas Midstream industry that operates in the broader Energy sector. Targa Resources Corp. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of TRGP?

Mr. Robert M. Muraro
Chief Commercial Officer
Mr. Sanjay Lad
Vice President of Fin. & Investor Relations
Mr. Denny Latham
Executive Vice President of Permian & Gen. Partner
Ms. Regina L. Gregory
Executive Vice President, Gen. Counsel & Sec.
Mr. Matthew J. Meloy
Chief Executive Officer & Director
Ms. Jennifer R. Kneale
Chief Financial Officer
Mr. G. Clark White
Executive Vice President of Operations
Ms. Julie H. Boushka
Senior Vice President & Chief Accounting Officer
Mr. D. Scott Pryor
Pres of Logistics & Transportation
Mr. Patrick J. McDonie
Pres of Gathering & Processing

How TRGP did perform over past 52-week?

TRGP's closing price is 42.6% higher than its 52-week low of $144.14 where as its distance from 52-week high of $211.87 is -2.98%.

How many employees does TRGP have?

Number of TRGP employees currently stands at 3,370.

Link for TRGP official website?

Official Website of TRGP is: https://www.targaresources.com

How do I contact TRGP?

TRGP could be contacted at phone 713 584 1000 and can also be accessed through its website. TRGP operates from 811 Louisiana Street, Houston, TX 77002, United States.

How many shares of TRGP are traded daily?

TRGP stock volume for the day was 1.19M shares. The average number of TRGP shares traded daily for last 3 months was 1.43M.

What is the market cap of TRGP currently?

The market value of TRGP currently stands at $44.12B with its latest stock price at $205.55 and 214.66M of its shares outstanding.

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Employees	3370
Beta	0.87
Sales or Revenue	$15.62B
5Y Sales Change%	0.529%
Fiscal Year Ends	December
Sector	Energy
Industry	Oil & Gas Midstream

TRGP Company Profile and Key Details

Targa Resources

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Shareholding & Insider Activity

Company Overview

Dividend & Fair Value

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Valuation Metrics

Key Takeaways

Price Forecast & Outlook