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TRGP:NYSE
Targa Resources Corp
$266.32
-0.89%
(-2.40) 1D
$266.32
0.00% (0.00)
After hours
Closed: Jun 24, 4:00:06 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for TRGP...
Open
$264.30
High
$266.48
Low
$261.04
Mkt. cap
57.16B
Avg. vol.
1.18M
Volume
0.00
Dividend
1.88%
Quarterly dividend
$1.25
Ex-dividend date
Apr 30, 2026
P/E ratio
27.16
52-wk high
$280.00
52-wk low
$144.14
EPS
$9.80
Beta
0.72
Shares outstanding
214.64M
No. of employees
4K
Open
$264.30
High
$266.48
Low
$261.04
Mkt. cap
57.16B
Avg. vol.
1.18M
Volume
0.00
Dividend
1.88%
Quarterly dividend
$1.25
Ex-dividend date
Apr 30, 2026
P/E ratio
27.16
52-wk high
$280.00
52-wk low
$144.14
EPS
$9.80
Beta
0.72
Shares outstanding
214.64M
No. of employees
4K
News stories
From sources across the web
Profile
Targa Resources Corp. is a Fortune 500 company based in Houston, Texas. Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States. Their operations are based largely, though not entirely, on the Gulf Coast, particularly in Texas and Louisiana. Matthew J. Meloy has been Chief Executive Officer since 2020. Wikipedia
About Targa Resources Corp
CEOMatthew J. Meloy
Employees3.57K
Founded2005
HeadquartersHouston, Texas, United States
SectorEnergy
Analyst Ratings
Based on 17 analysts giving stock ratings to TRGP in the past 3 months
Strong Buy
Buy
15
Hold
2
Sell
0
12 month forecast
Based on 17 Wall Street analysts offering 12 month price targets for TRGP in the last 3 months.
Highest
Current $266.32
$331.00 (+24.29%)
Average
$283.31 (+6.38%)
Lowest
$245.00 (-8.01%)
Analyst
Recommendation
Action
Price Target
Projected
Date
Julien Dumoulin Smith
Jefferies
Buy
Maintained
$314.00
+17.9%
06/23/2026
Theresa Chen
Barclays
Buy
Reiterated
$270.00
+1.4%
06/23/2026
Robert Kad
Morgan Stanley
Buy
Maintained
$331.00
+24.3%
06/09/2026
Michael Blum
Wells Fargo
Buy
Maintained
$270.00
+1.4%
05/29/2026
Spiro M. Dounis
Citi
Buy
Reiterated
$303.00
+13.8%
05/27/2026
Gabe Moreen
Mizuho Securities
Buy
Reiterated
$300.00
+12.6%
05/27/2026
Jean Ann Salisbury
Bank of America Securities
Buy
Maintained
$300.00
+12.6%
05/27/2026
Brandon Bingham
Scotiabank
Buy
Maintained
$257.00
-3.5%
05/12/2026
Gabriel Daoud
Truist Financial
Buy
Maintained
$289.00
+8.5%
05/12/2026
Elvira Scotto
RBC Capital
Buy
Reiterated
$281.00
+5.5%
05/11/2026
Jason Gabelman
TD Cowen
Hold
Reiterated
$245.00
-8%
05/11/2026
Selman Akyol
Stifel Nicolaus
Buy
Reiterated
$268.00
+0.6%
05/08/2026
Sunil Sibal
Seaport Global
Hold
Downgraded
-
-
05/04/2026
Ameet Thakkar
BMO Capital
Buy
Maintained
$271.00
+1.8%
04/20/2026
John Mackay
Goldman Sachs
Buy
Maintained
$268.00
+0.6%
04/20/2026
Jeremy Tonet
J.P. Morgan
Buy
Maintained
$286.00
+7.4%
04/09/2026
Manav Gupta
UBS
Buy
Reiterated
$280.00
+5.1%
04/07/2026
Last report
May 7, 2026
Fiscal period
Q1 2026
EPS / Est. (USD)
$2.76 / $2.57
+7.40%beat
Revenue / Est. (USD)
4.09B / 4.68B
-12.44%miss
Fiscal Q1 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Revenue
4.26B
4.15B
4.06B
4.09B
Cost of goods sold
2.44B
2.51B
2.31B
2.39B
Cost of revenue
2.44B
2.51B
2.31B
2.39B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
418.60M
438.30M
449.30M
432.60M
Operating expense
790.50M
807.90M
830.50M
844.40M
Total operating expenses
3.23B
3.31B
3.14B
3.24B
Operating income
1.03B
836.90M
917.40M
855.80M
Other non operating income
1.00M
-1.10M
-4.00M
-15.90M
EBT including unusual items
821.30M
620.90M
692.20M
611.30M
EBT excluding unusual items
821.30M
620.90M
692.20M
620.90M
Income tax expense
184.10M
134.30M
139.10M
123.90M
Effective tax rate
22.42%
21.63%
20.10%
20.27%
Other operating expenses
-1.80M
-13.90M
-9.30M
-14.20M
Net income
629.10M
478.40M
545.00M
479.60M
Net profit margin
14.77%
11.52%
13.44%
11.71%
Earnings per share
2.02
2.41
2.69
2.76
Interest and investment income
-
-
-
-
Interest expense
-218.40M
-221.30M
-216.00M
-227.60M
Net interest expenses
-218.40M
-221.30M
-216.00M
-227.60M
Depreciation and amortization charges
373.70M
383.50M
390.50M
426.00M
EBITDA
1.41B
1.22B
1.31B
1.28B
Gain or loss from assets sale
-
-
-
-
Insider transactions
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