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Targa Resources

TRGP

Market cap $67B

312.37 USD

+6.47

2.12%

At close Updated Oct 29, 4:00 PM EDT

Pre-market

After hours

312.37

0.00

0%

1 day

2.12%

5 days

7.6%

1 month

14.22%

3 months

18.02%

6 months

24.88%

Year to date

67.25%

1 year

106.35%

5 years

471.37%

10 years

611.55%

About: Targa Resources Corp is a midstream firm that mainly 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. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).

Employees: 3,570

Energy Oil & Gas Midstream

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 78.6%

Neutral 21.4%

Negative 0%

Targa Resources: Needs Balance Sheet Repairing First

Targa Resources Corp. is a major NGL infrastructure player with strong macro tailwinds but an overleveraged balance sheet. TRGP benefits from robust demand forecasts for natural gas and NGLs, highlighted by a 20-year deal with ExxonMobil and favorable U.S. Gulf Coast export dynamics. Despite segment margin strength and macro growth, TRGP's debt metrics—81.4% LT Debt/Total Capital and 516% Debt/Equity—are materially above sector norms.

Targa Resources: Needs Balance Sheet Repairing First

Zacks Investment Research

Targa Resources, Inc. (TRGP) Earnings Expected to Grow: Should You Buy?

Targa Resources (TRGP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Targa Resources, Inc. (TRGP) Earnings Expected to Grow: Should You Buy?

Zacks Investment Research

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.

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

Zacks Investment Research

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.

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

Zacks Investment Research

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.

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

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 share, or $5.00 per common share on an annualized basis, for the third quarter of 2026. This cash dividend will be paid November 17, 2026 on all outstanding common shares to holders of record as of the close of business on October 30, 2026.

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

Midstream Free Cash Flow Drives Growth & Capital Returns

Over the past decade, the North American midstream universe has undergone a significant transformation. This has been driven in large part by companies' increased free cash flow generation.

Midstream Free Cash Flow Drives Growth & Capital Returns

Zacks Investment Research

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.

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

Zacks Investment Research

Is Targa Resources Stock a Smart Hold in Today's Market?

TRGP's 64.3% share surge, rising 2026 earnings estimates and expansion plans face counterweights from debt, higher costs and commodity risks.

Is Targa Resources Stock a Smart Hold in Today's Market?

Analyst Rating Boosts May Signal More Upside for These 3 Stocks

Though it's not a guarantee, analyst stock ratings upgrades generally don't happen in a vacuum. They tend to follow improvements in fundamentals, strong earnings trends, or other catalysts that could reinvigorate a company's outlook.

Analyst Rating Boosts May Signal More Upside for These 3 Stocks

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