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TRGP:NYSE
Targa Resources Corp
$297.33
+0.33%
(+0.99) 1D
$297.33
0.00% (0.00)
After hours
Closed: Nov 13, 4:00:04 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for TRGP...
Open
$300.01
High
$300.39
Low
$294.64
Mkt. cap
63.79B
Avg. vol.
1.28M
Volume
727.29K
Dividend
1.68%
Quarterly dividend
$1.25
Ex-dividend date
Oct 30, 2026
P/E ratio
26.30
52-wk high
$316.60
52-wk low
$166.18
EPS
$11.30
Beta
0.76
Shares outstanding
214.55M
No. of employees
4K
Open
$300.01
High
$300.39
Low
$294.64
Mkt. cap
63.79B
Avg. vol.
1.28M
Volume
727.29K
Dividend
1.68%
Quarterly dividend
$1.25
Ex-dividend date
Oct 30, 2026
P/E ratio
26.30
52-wk high
$316.60
52-wk low
$166.18
EPS
$11.30
Beta
0.76
Shares outstanding
214.55M
No. of employees
4K
News stories
From web sources and news partners
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
Industry-
Analyst ratings
Based on 17 analysts giving stock ratings to TRGP in the past 3 months
Strong buy
Buy
17
Hold
0
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 $297.33
$362.00 (+21.75%)
Average
$331.53 (+11.50%)
Lowest
$294.00 (-1.12%)
Analyst
Recommendation
Action
Price target
Projected
Date
Theresa Chen
Barclays
Buy
Maintained
$294.00
-1.1%
11/11/2026
Brandon Bingham
Scotiabank
Buy
Maintained
$325.00
+9.3%
11/10/2026
Robert Kad
Morgan Stanley
Buy
Reiterated
$362.00
+21.8%
11/10/2026
Praneeth Satish
Wells Fargo
Buy
Maintained
$330.00
+11%
11/09/2026
Julien Dumoulin Smith
Jefferies
Buy
Maintained
$311.00
+4.6%
11/06/2026
Ameet Thakkar
BMO Capital
Buy
Reiterated
$328.00
+10.3%
11/06/2026
Elvira Scotto
RBC Capital
Buy
Reiterated
$338.00
+13.7%
11/06/2026
Spiro M. Dounis
Citi
Buy
Maintained
$338.00
+13.7%
11/06/2026
James Weston
Raymond James
Buy
Reiterated
$344.00
+15.7%
11/05/2026
Jason Gabelman
TD Cowen
Buy
Maintained
$345.00
+16%
10/16/2026
Mark Lear
Scotiabank
Buy
Maintained
$319.00
+7.3%
10/15/2026
Jean Ann Salisbury
Bank of America Securities
Buy
Maintained
$330.00
+11%
10/15/2026
John Mackay
Goldman Sachs
Buy
Maintained
$322.00
+8.3%
10/13/2026
Robert Hodges
Stifel Nicolaus
Buy
Maintained
$335.00
+12.7%
10/09/2026
Gabriel Daoud
Truist Financial
Buy
Reiterated
$345.00
+16%
09/21/2026
Gabe Moreen
Mizuho Securities
Buy
Maintained
$320.00
+7.6%
09/11/2026
Tim O'Toole
Stifel Nicolaus
Buy
Initiated
$340.00
+14.4%
09/10/2026
Jeremy Tonet
J.P. Morgan
Buy
Maintained
$351.00
+18.1%
08/24/2026
Manav Gupta
UBS
Buy
Maintained
$318.00
+7%
08/17/2026
Hans Engel
Erste Group
Buy
Initiated
-
-
06/25/2026
Michael Blum
Wells Fargo
Buy
Maintained
$327.00
+10%
06/25/2026
Selman Akyol
Stifel Nicolaus
Buy
Reiterated
$268.00
-9.9%
05/08/2026
Sunil Sibal
Seaport Global
Hold
Downgraded
-
-
05/04/2026
Last report
Nov 5, 2026
Fiscal period
Q3 2026
$2.96 / $2.86
+3.60%beat
Revenue / Est. (USD)
5.60B / 4.77B
+17.43%beat
Fiscal Q3 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...
Revenue
Net income
All values in USD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
4.06B
4.09B
4.44B
5.60B
Cost of goods sold
2.31B
2.39B
2.30B
3.58B
Cost of revenue
2.31B
2.39B
2.30B
3.58B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
449.30M
432.60M
462.20M
485.20M
Operating expense
830.50M
844.40M
903.60M
924.00M
Total operating expenses
3.14B
3.24B
3.21B
4.50B
Operating income
917.40M
855.80M
1.23B
1.10B
Other non operating income
-4.00M
-15.90M
-300.00K
-
EBT including unusual items
692.20M
611.30M
1.00B
850.80M
EBT excluding unusual items
692.20M
620.90M
1.01B
873.40M
Income tax expense
139.10M
123.90M
227.20M
174.70M
Effective tax rate
20.10%
20.27%
22.61%
20.53%
Other operating expenses
-9.30M
-14.20M
-11.70M
-20.80M
Net income
545.00M
479.60M
764.60M
658.20M
Net profit margin
13.44%
11.71%
17.22%
11.76%
Earnings per share
2.69
2.76
3.25
2.96
Interest and investment income
-
-
-
-
Interest expense
-216.00M
-227.60M
-236.60M
-232.80M
Net interest expenses
-216.00M
-227.60M
-236.60M
-232.80M
Depreciation and amortization charges
390.50M
426.00M
453.10M
459.60M
EBITDA
1.31B
1.28B
1.69B
1.56B
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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