Targa Resources (TRGP) Stock
NEW YORK STOCK EXCHANGE INC. · TRGP
276.61
Fundamentals
Market cap
$59.58B
Price / Earnings ratio
26.8x
Price / Sales ratio
3.6x
Price / Book ratio
16.6x
Return on assets
9.0%
Ex-Dividend date
31 Jul 2026
Last payment date
14 Aug 2026
Dividend amount
$1.25
Dividend yield
1.62%
Debt / Equity ratio
N/A
Recent news

Zacks Investment Research
ProPetro's PROPWR Expands Power Footprint With Targa Deal
NeutralTRGPSeptember 23, 2026
Zacks Investment ResearchNeutral
ProPetro's PROPWR Expands Power Footprint With Targa Deal
TRGP

Business Wire
PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.
NeutralTRGPSeptember 22, 2026
Business WireNeutral
PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.
TRGP

Zacks Investment Research
Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth Stock
NeutralTRGPSeptember 18, 2026
Zacks Investment ResearchNeutral
Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth Stock
TRGP

Zacks Investment Research
Here's Why Targa Resources, Inc. (TRGP) is a Strong Momentum Stock
NeutralTRGPSeptember 14, 2026
Zacks Investment ResearchNeutral
Here's Why Targa Resources, Inc. (TRGP) is a Strong Momentum Stock
TRGP
Technicals
OscillatorsSell5 Indicators
Moving AveragesSell12 Indicators
Analyst Ratings
Strong Sell0
Sell0
Neutral1
Buy10
Strong Buy0
Financials
Performance
Revenue
Net income
Net margin %
2025
20B13B7B0
Debt & Balance Sheet
Total assets
Total liabilities
2025
30B20B10B0
Revenue to Profit
2025$17.0B
Revenue$0.0
Cost of revenue$0.0
Gross profit$0.0
Operating expenses$1.9B
Net incomeEarnings
EPS forecast
Actual EPS
$2.33
Q4FY25
$2.40
Q1FY26
$2.32
Q2FY26
The market is expecting earnings per share of $2.32 for this quarter. The company has not yet shared when it is announcing earnings.
% positive news of 10 articles
published over the past 14 days
Latest news

Zacks Investment Research
ProPetro's PROPWR Expands Power Footprint With Targa Deal
NeutralTRGPSeptember 23, 2026
Zacks Investment ResearchNeutral
ProPetro's PROPWR Expands Power Footprint With Targa Deal
TRGP

Business Wire
PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.
NeutralTRGPSeptember 22, 2026
Business WireNeutral
PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.
TRGP

Zacks Investment Research
Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth Stock
NeutralTRGPSeptember 18, 2026
Zacks Investment ResearchNeutral
Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth Stock
TRGP

Zacks Investment Research
Here's Why Targa Resources, Inc. (TRGP) is a Strong Momentum Stock
NeutralTRGPSeptember 14, 2026
Zacks Investment ResearchNeutral
Here's Why Targa Resources, Inc. (TRGP) is a Strong Momentum Stock
TRGP

Zacks Investment Research
Why Targa Resources, Inc. (TRGP) is a Top Growth Stock for the Long-Term
NeutralTRGPSeptember 1, 2026
Zacks Investment ResearchNeutral
Why Targa Resources, Inc. (TRGP) is a Top Growth Stock for the Long-Term
TRGP

Zacks Investment Research
Why Targa Resources, Inc. (TRGP) is a Top Momentum Stock for the Long-Term
NeutralTRGPAugust 27, 2026
Zacks Investment ResearchNeutral
Why Targa Resources, Inc. (TRGP) is a Top Momentum Stock for the Long-Term
TRGP

Zacks Investment Research
How Targa's ExxonMobil Deal Could Extend Its Permian Growth Runway
NeutralTRGPAugust 21, 2026
Zacks Investment ResearchNeutral
How Targa's ExxonMobil Deal Could Extend Its Permian Growth Runway
TRGP

Zacks Investment Research
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains? (Revised)
NeutralTRGPAugust 21, 2026
Zacks Investment ResearchNeutral
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains? (Revised)
TRGP

Zacks Investment Research
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains?
NeutralTRGPAugust 19, 2026
Zacks Investment ResearchNeutral
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains?
TRGP

Investors Business Daily
This Energy Stock Is Spiking Now; Its Exxon Deal Smells Like AI
NeutralTRGPAugust 18, 2026
Investors Business DailyNeutral
This Energy Stock Is Spiking Now; Its Exxon Deal Smells Like AI
TRGP
About Targa Resources
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.
SectorEnergy
IndustryOil & Gas Midstream
Employees3,570
CEOMr. Matthew J. Meloy
IPO DateDec 7, 2010
HeadquartersHouston, TX
Key Executives
| Name | Title | Year Born |
|---|---|---|
| Mr. Matthew J. Meloy | CEO & Director | 1978 |
| Ms. Jennifer R. Kneale | President | 1979 |
| Mr. Patrick J. McDonie | President of Gathering & Processing | 1961 |
| Mr. Robert M. Muraro | Chief Commercial Officer | 1977 |
| Mr. William A. Byers | Executive Officer | 1977 |
| Mr. Benjamin J. Branstetter | Chief Financial Officer | 1985 |
| Mr. John Christopher Eklof | Senior VP & Chief Accounting Officer | 1970 |
| Mr. Tristan James Richardson | VP of Investor Relations & Fundamentals | — |
| Mr. Gerald R. Shrader | Executive VP, General Counsel & Secretary | 1960 |
| Mr. Denny Latham | Executive Vice President of Permian | — |
Fundamentals
Valuation
Market cap$59.58B
Price-to-sales ratio3.63
Price-to-book value16.60
Price-earnings ratio26.80
Return on Equity74.00%
Return on Sales22.00%
Return on Assets9.00%
PEG ratio1.23
Earnings Per Share
Earnings Per Share$10.49
Income Statement
Average volume1,130,951
EBITDA$5.17B
1 year high (52w)$307.94
1 year low (52w)$144.14
Dividend
Ex dividend date31 Jul 2026
Dividend amount$1.25
Dividend yield1.62%
Last payment date14 Aug 2026
Dividend yield (TTM)1.63%
Next earnings reportN/A
Solvency
Debt-to-equity ratioN/A
Technicals
OscillatorsSell5 Indicators
Moving AveragesSell12 Indicators
What the experts say
11 Wall Street Analyst Ratings
BUY
100% Buy
0% Hold
0% Sell
Target price
$330.36
Est return
18.52%
Seasonality
Monthly price change (%)| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | -0.6 | +7.7 | -7.6 | +2.7 | ||||||||
| 2022 | +11.0 | +7.6 | +15.1 | -5.1 | -3.0 | -20.5 | +13.3 | -0.3 | -10.8 | +8.6 | +8.6 | -1.9 |
| 2023 | +6.2 | -0.6 | -4.4 | +0.2 | -9.7 | +10.6 | +6.5 | +5.7 | -2.1 | +0.2 | +7.5 | -3.6 |
| 2024 | -1.7 | +14.2 | +12.7 | +1.6 | +5.2 | +10.5 | +3.1 | +7.9 | -1.2 | +10.9 | +23.6 | -8.2 |
| 2025 | +7.5 | -0.0 | +2.4 | -15.8 | -2.7 | +7.2 | -3.2 | +3.0 | +0.5 | -8.3 | +12.3 | +4.4 |
| 2026 | +7.6 | +18.7 | +4.6 | +6.2 | +0.3 | +3.5 | +4.9 | +11.0 | -6.2 |
Corporate actions
Upcoming
No upcoming corporate actions for TRGP
Past
DividendQ3/26
Ex-dividend date31 Jul 2026
Payable date14 Aug 2026
Amount per share$1.25
DividendQ2/26
Ex-dividend date30 Apr 2026
Payable date15 May 2026
Amount per share$1.25
DividendQ1/26
Ex-dividend date30 Jan 2026
Payable date13 Feb 2026
Amount per share$1.00
DividendQ4/25
Ex-dividend date31 Oct 2025
Payable date17 Nov 2025
Amount per share$1.00



