Targa Resources Corp.

$305.18$2.81 (+0.93%)
Last updated on --.

Targa Resources Corp. price

24 Hours+0.93%+$2.813
30 days+9.80%+$27.22
60 days+5.58%+$16.11
90 days+16.59%+$43.41

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.

Stock ticker
TRGP
Company
Targa Resources Corp.
Industry
Energy
Category
US
Stock split / reverse split
--
Launch date
Dec 7, 2010
Listed exchange
NYSE

Financials

Q2 FY2026 Earnings
Report period: Apr 1, 2026 – Jun 30, 2026

Summary: TRGP reported Revenue of 4.44B (+10.28%), missing expectations; EPS of 3.54 (+23.34%), beating expectations.

Revenue (USD)Missed4.44B+10.28%4.90B+0.18%-457.66M-9.35%
EPS (USD)Beat3.54+23.34%2.83+52.15%0.71+25.08%
Financial estimates
● Actual● Estimate
Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
2.882.202.532.213.56
+115.76%+25.71%+74.48%+142.85%+23.61%
● EPS● YoY
Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
23.51B24.17B25.22B27.11B28.52B
20.80B21.34B22.02B23.84B24.72B
88.46%88.27%87.31%87.94%86.68%
● Assets● Liabilities● Ratio
Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
858.30M599.20M1.51B739.50M1.44B
-5.11%+10.77%+13.37%-22.52%+67.92%
● CFO● YoY

Shareholders

Shareholders
BLACKROCK, INC.9.68%
STATE STREET CORP6.61%
WELLINGTON MANAGEMENT GROUP LLP6.59%
VANGUARD CAPITAL MANAGEMENT LLC6.51%
VANGUARD PORTFOLIO MANAGEMENT LLC5.44%
Others65.14%
Institutions
% Owned95.97%+3.41%
Shares held206.34M+7.35M
Institutions1,132+62
% OwnedPrice
Name% OwnedChange
BLACKROCK, INC.9.68%+291.11K
STATE STREET CORP6.61%+626.89K
WELLINGTON MANAGEMENT GROUP LLP6.59%-867.07K
VANGUARD CAPITAL MANAGEMENT LLC6.51%+65.21K
VANGUARD PORTFOLIO MANAGEMENT LLC5.44%-153.82K

Dividends

Dividends
Last ex-dividend: Oct 30, 2026 Cash dividend: 1.25 USD per share
Dividend yield TTM
1.89%
Payout ratio LFY
44.01%
Frequency
Quarterly
20222023202420252026
1.401.852.753.754.75
+2.08%+2.21%+1.64%+2.43%+1.57%
Dividend amount (USD)Dividend yield

Targa Resources Corp. conversion tables

TRGPTRGP
USDUSD
0.5 TRGP152.59 USD
1 TRGP305.18 USD
5 TRGP1,525.91 USD
10 TRGP3,051.83 USD
USDUSD
TRGPTRGP
0.5 USD0.0016384 TRGP
1 USD0.0032767 TRGP
5 USD0.016384 TRGP
10 USD0.032767 TRGP

More to explore

FAQ

TRGP is trading at $305.18, +0.93% over the last 24 hours. Track live moves on the price chart at the top of this page.

The TRGP stock forecast depends on a mix of factors — broader market conditions, sector trends, and company-specific drivers like earnings, product cycles, and macro signals. TRGP is currently trading at $305.18, +0.93% over the last 24 hours, which reflects how the market is pricing these factors today. For a longer-term outlook on TRGP price action, review the 30-day, 60-day, and 90-day performance shown above, monitor momentum across the Energy sector, and watch overall market sentiment. Stock forecasts and price predictions are inherently uncertain — always DYOR.

P/E ratio (Price-to-Earnings, trailing twelve months) measures how much investors pay per dollar of earnings over the last 12 months. TRGP's P/E ratio is currently 28.96 — calculated by dividing its share price by its trailing 12-month earnings per share (EPS). A higher P/E suggests investors expect stronger future growth from TRGP; a lower P/E may indicate the stock is undervalued or that the market is pricing in a weaker outlook. P/E ratios are most useful when compared against TRGP's historical range and other companies in the Energy sector.

Targa Resources Corp.'s market cap is currently 65.21B USD. Market cap is calculated as stock price × total shares outstanding.

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