Targa Resources Inc. (TRGP)
NYSE: TRGPUtilitiesNatural Gas DistributionUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
After hours: 283.96 -0.01%
TRGP stock chart
Technical analysisKey statistics
All statistics- Market cap
- $60.89B
- P/E (TTM)
- 27.15
- Forward P/E
- 23.58
- EPS (TTM)
- $10.46
- Dividend yield
- 1.58% ($4.50)
- Ex-dividend date
- Jul 31, 2026
- 52-week range
- 144.14 – 307.94
- Day range
- 278.16 – 286.07
- Volume / Avg
- 1.18M / 1.19M
- Beta
- —
- Shares outstanding
- 214.43M
- Next earnings
- Nov 4, 2026
52-week range
TRGP stock today
Shares of Targa Resources (TRGP) finished lower on Oct 7 at $283.96, a drop of 0.62% or $1.76 per share, versus the S&P 500's 0.22% decline. Shares are 7.8% below their 52-week high of $307.94, set on Aug 21, 2026 and 97.0% above the 52-week low of $144.14, near the top of the past year's range. TRGP is up 53.3% year to date, outperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 69.9%.
At 27.1x trailing earnings, Targa Resources trades above the peer-group median of 21.8x. Its forward P/E of 23.6x is lower than the trailing multiple, which means analysts expect earnings to rise over the next year. Targa Resources's next earnings report is expected on Nov 4, 2026. Targa Resources pays an annual dividend of $4.50 per share, a 1.58% yield at the current price.
Summary generated from market data by MetaCap's automated system. Methodology
About Targa Resources
Company profileTarga Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil.
- Sector
- Utilities
- Industry
- Natural Gas Distribution
- CEO
- Mr. Matthew J. Meloy
- Headquarters
- Houston, TX
- Employees
- 3,570
- IPO year
- 2010
- Website
- targaresources.com
Financial highlights
Full financialsIn fiscal 2025, Targa Resources generated $17.03 billion in revenue, up 3.9% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $1.92 billion (+46.6% year over year), for a net margin of 11.3% versus a median of 5.7% in the prior 5 years. Gross margin was 38.3% (up from 34.7%) and operating margin 19.6%.
| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $17.03B | $16.38B | $16.06B | $20.93B | $16.95B |
| Growth | +3.95% | +2.00% | -23.27% | +23.48% | +105.20% |
| Net income | $1.92B | $1.31B | $1.35B | $1.20B | $71.20M |
| EPS (diluted) | $8.49 | $5.74 | $3.66 | $3.88 | $-0.07 |
Analyst forecast
ForecastConsensus (22 analysts)
strong_buy
Avg. price target
$325.48+14.62%
- Strong buy 6
- Buy 15
- Hold 1
- Sell 0
- Strong sell 0
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
Earnings
Earnings history- Next report
- Nov 4, 2026
- EPS estimate
- $2.66
- Last reported (Q2 2026)
- Aug 6, 2026
- EPS actual vs est.
- $3.54 vs —
Dividends
Dividend history- Annual dividend
- $4.50
- Dividend yield
- 1.58%
- Last payment
- $1.25
- Ex-dividend date
- Jul 31, 2026
TRGP news
All TRGP news- Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth StockNasdaq
- Is Targa Resources Stock a Smart Hold in Today's Market?Nasdaq
- Analyst Rating Boosts May Signal More Upside for These 3 StocksNasdaqSTUB, TRGP, EQNR, XOM
- ProPetro's PROPWR Expands Power Footprint With Targa DealNasdaqTRGP, PUMP, MGY
- Assurant Achieves #18 Analyst Rank, Surpassing Targa Resources CorpNasdaqAIZ, TRGP
- Targa Resources raised to Buy at TD Cowen, seeing peer-leading EBITDA growthSeeking Alpha
- TD Cowen Upgrades Targa Resources to Buy from HoldNasdaq
- Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth StockNasdaq
Targa Resources peers
Utilities sector| Company | Price | % Chg | Market cap | Compare |
|---|---|---|---|---|
| TRPTC Energy Corporation | 58.94 | -2.14% | $61.40B | vs TRGP |
| SREDBA Sempra | 79.69 | -0.35% | $52.11B | vs TRGP |
| KMIKinder Morgan Inc. | 31.82 | -1.06% | $70.86B | vs TRGP |
| NGGNational Grid Transco PLC National Grid PLC (NEW) ADR | 76.11 | -0.96% | $76.52B | vs TRGP |
| EPDEnterprise Products Partners L.P. | 36.91 | -0.94% | $79.71B | vs TRGP |
| WMBWilliams Companies Inc. (The) | 71.46 | -1.28% | $87.41B | vs TRGP |
| DINOHF Sinclair Corporation | 115.63 | +0.90% | $20.56B | vs TRGP |
| ENBEnbridge Inc | 45.89 | -1.40% | $102.28B | vs TRGP |
Indexes, lists and sector
Index membership
Appears in lists
Targa Resources stock FAQ
What is Targa Resources's stock price today?
TRGP last traded at $283.96 as of Oct 7, 4:00 PM EDT, down 0.62% on the day. Prices are delayed at least 15 minutes.
Does Targa Resources pay a dividend?
Yes. Targa Resources pays $4.50 per share annually, a 1.58% yield. The most recent dividend of $1.25 had an ex-dividend date of Jul 31, 2026.
When is Targa Resources's next earnings date?
Targa Resources is expected to report earnings on Wednesday, November 4, 2026. Analysts expect EPS of $2.66.
What is TRGP's P/E ratio?
TRGP trades at a trailing P/E ratio of 27.15 and a forward P/E of 23.58, compared with a median of 21.8 for its closest peers.
Is Targa Resources in the S&P 500?
Yes. Targa Resources (TRGP) is a constituent of the S&P 500 index.
Who is Targa Resources's CEO?
Mr. Matthew J. Meloy is the chief executive officer of Targa Resources Inc., which has about 3,570 employees.
What is the TRGP 52-week high?
The 52-week high for TRGP is $307.94 and the 52-week low is $144.14. The stock is currently 7.8% below its high.