TRGP Targa Resources Corp.
USEnergyAs of 2026-10-08
Why TRGP matters now
Targa Resources Corp. (TRGP) is a US stock in Energy. The latest InvestLog snapshot shows $288.59 with +1.63% on the session and $61.94B in market capitalization; recent performance reads 1-month -6.38% and YTD +40.15%.
The latest financial table shown here is Q1 2026, with revenue of $4.09B, net income of $479.6M, and EPS of $2.21. Investors can compare that operating picture with valuation signals such as P/E 29.25 and FCF yield 0.5%.
InvestLog's latest related AI research is a Rating Change note titled "Truist raises TRGP target to $345 from $312". The latest indexable market news headline is "Midstream Free Cash Flow Drives Growth & Capital Returns" from ETF Trends.
Additional event context on this page matters because analyst consensus is Buy with a median target of $269.00; recent insider activity includes MELOY MATTHEW J filing G-Gift. These signals are research inputs, not a recommendation.
Valuation
P/E (TTM)
29.25
PEG
0.71
P/B
17.73
P/S
3.39
EV/EBITDA
14.98
DCF Value
$-44.01
FCF Yield
0.5%
Div Yield
1.6%
Margins & Returns
Gross Margin
29.9%
Operating Margin
21.1%
Net Margin
13.0%
ROE
73.9%
ROA
7.8%
ROIC
11.2%
Financials
| Period | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $4.09B | $479.6M | $2.21 |
| Q4 2025 | $4.06B | $545.0M | $2.53 |
| FY 2025 | $17.14B | $1.84B | $8.52 |
| Q3 2025 | $4.20B | $475.5M | $2.20 |
Analyst Ratings
Consensus
Buy
Target (Consensus)
$276.00
Target (Median)
$269.00
Target Range
$231.00 - $331.00
Trading Activity
Insider Trades
Related AI Research
Truist raises TRGP target to $345 from $312Truist 上调目标价 TRGP:$312 → $345
On 2026-09-21, Truist raised its TRGP price target to $345 from $312 (+10.6%).Truist 于 2026-09-21 将 TRGP 目标价上调至 $345,此前为 $312,变动幅度 +10.6%。
TD Cowen upgrades TRGP from Hold to BuyTD Cowen 把 TRGP 评级 上调:持有(Hold) → 买入(Buy)
On 2026-09-18, TD Cowen upgraded TRGP to Buy from Hold.TD Cowen 于 2026-09-18 将 TRGP 评级上调至 买入(Buy),此前为 持有(Hold)。
Scotiabank raises TRGP target to $314 from $257Scotiabank 上调目标价 TRGP:$257 → $314
On 2026-09-10, Scotiabank raised its TRGP price target to $314 from $257 (+22.2%).Scotiabank 于 2026-09-10 将 TRGP 目标价上调至 $314,此前为 $257,变动幅度 +22.2%。
Related Stocks
Latest News
Company Info
Sector
Energy
Industry
Oil & Gas Midstream
Country
US
Exchange
—
Beta
0.71
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.