TRGP logo

TARGA RESOURCES CORP

TRGPNYSE
πŸ† #217 by market capEarnings Nov 5 Β· PreUS Equity
$305.90β–² $3.30 (+1.09%)
πŸŒ™ After hours$309.00β–² 1.01%Regular close Β· extended-hours price shown
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🏦Market Cap
$65.59B
Mid Cap
πŸ“ˆRevenue Growth (YoY)
-2.0%
Declining
πŸ“ŠGross Margin
43.2%
Healthy
πŸ’΅FCF Margin
5.3%
Moderate
βš–οΈP/S Ratio
3.9x
Fair
Otter Score
64
Fair
No chart data available for TRGP.

Trading Snapshot

Day Range
$303.12 – $308.49
52-Week Range
$150.00 – $307.94
Volume (shares)
933,223
Avg Volume (shares)
β€”
Shares Outstanding
214.4M
Next Earnings
2026-11-05

Fundamentals Snapshot

Annual Revenue
$17.14B
Last Q Revenue
$4.44B
P/E Ratio
28.6
P/S Ratio
3.9x
EPS (TTM)
$10.52
Dividend Yield
1.42%
Dilution (1yr)
βˆ’2.8%
TRGP logo

TARGA RESOURCES CORP

TRGP
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$17.1Bβ–² +3.1% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
26.5%β–² +32.6% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$3.4Bβ–² +17.1% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$584Mβ–Ό βˆ’14.6% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
215.0Mβ–Ό βˆ’2.8% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$17.4Bβ–Ό βˆ’$3.3B YoY
StockOtter Β· stockotter.space

About TARGA RESOURCES CORP

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.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
64/100
Analyst data unavailable.

Latest News & Updates

Zacks Investment ResearchΒ·10h ago

Are You Looking for a Top Momentum Pick? Why Targa Resources, Inc. (TRGP) is a Great Choice

Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment ResearchΒ·2d ago

Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Defense WorldΒ·9d ago

Targa Resources, Inc. $TRGP Shares Newly Acquired by SteelPeak Wealth LLC

SteelPeak Wealth LLC acquired a new stake in Targa Resources, Inc. (NYSE: TRGP) during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,226

Defense WorldΒ·11d ago

Banque Pictet & Cie SA Sells 2,110 Shares of Targa Resources, Inc. $TRGP

Banque Pictet and Cie SA trimmed its position in Targa Resources, Inc. (NYSE: TRGP) by 2.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SE

Zacks Investment ResearchΒ·13d ago

Targa Resources, Inc. (TRGP) is a Top-Ranked Momentum Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

GlobeNewsWireΒ·15d ago

Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Third Quarter 2026 Earnings Webcast

HOUSTON, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa", the "Company", or "our") announced today that our board of directors has declared a quarterly cash dividend of $1.25 per common shar