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Targa Resources Corp.

$285.68 +$98.91 (+52.96%)
NYSE · 15 Sep 2026 20:00 UTC
Previous Close
$287.25
Day Range
$284.62$290.1
Year Range
$144.14$307.94
Market Cap
61.32B
AVG Volume
1.22M
Trailing/Forward PE
27.13/23.27
PEG ratio
3.06
Dividend Yield
1.58%
Next Earnings Date
2026-11-04
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
010B20B30B2016201720182019202020212022202320242025
TRGP Revenue (USD) by year
PeriodRevenue (USD)
202517.14B
202416.47B
202315.62B
202221.11B
202117.28B
20208.27B
20198.68B
201810.56B
20178.86B
20166.68B
Net Income (USD)
-2B-1B01B2B2016201720182019202020212022202320242025
TRGP Net Income (USD) by year
PeriodNet Income (USD)
20251.84B
20241.31B
2023827.5M
20221.2B
202171.2M
2020-1.55B
2019-209.2M
20181.9M
201753.8M
2016-187.4M
Operating Income (USD)
01B2B3B4B2016201720182019202020212022202320242025
TRGP Operating Income (USD) by year
PeriodOperating Income (USD)
20253.45B
20242.79B
20232.19B
20221.91B
20211.2B
20201.27B
2019514.2M
2018518.7M
2017321.8M
2016231M
EBITDA (USD)
-2B02B4B6B2016201720182019202020212022202320242025
TRGP EBITDA (USD) by year
PeriodEBITDA (USD)
20254.85B
20244.13B
20233.97B
20223.21B
20211.7B
2020-313.1M
20191.27B
20181.16B
2017748.1M
2016767.3M
Cash Flows (USD)
-2B-1B01B2B2016201720182019202020212022202320242025
TRGP Cash Flows (USD) by year
PeriodCash Flows (USD)
2025584.1M
2024683.9M
2023826.2M
20221.05B
20211.8B
2020792.9M
2019-1.49B
2018-1.97B
2017-358M
2016275.3M
EPS (USD)
-10-505102016201720182019202020212022202320242025
TRGP EPS (USD) by year
PeriodEPS (USD)
20258.52
20245.76
20233.68
20223.91
2021-0.29
2020-7.23
2019-1.44
2018-0.51
2017-0.49
2016-1.36
Expenses (USD)
01B2B3B4BSG&ACapex2016201720182019202020212022202320242025
TRGP Expenses (USD) by year
PeriodExpenses (USD)
20253.74B
20243.35B
20232.73B
20221.64B
2021778.3M
20201.21B
20193.16B
20183.37B
20171.5B
2016749.4M
Cash & Debt (USD)
05B10B15B20BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
TRGP Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025166.1M
2024157.3M
2023141.7M
2022219M
2021158.5M
2020242.8M
2019331.1M
2018232.1M
2017137.2M
201673.5M
Debt ratios
012320182019202020212022202320242025
TRGP Debt ratios by year
PeriodDebt ratios
20251.08
20241.09
20231.5
20221.94
20211.7
20202.64
20191.91
20181.69
Margins
0%10%20%30%2016201720182019202020212022202320242025
TRGP Margins by year
PeriodMargins
202526.51%
202422.79%
202316.23%
202213.8%
202112.34%
202018.4%
20199.16%
20187.38%
20175.94%
201610.77%
Return on Capital
-50%-25%0%25%50%75%2016201720182019202020212022202320242025
TRGP Return on Capital by year
PeriodReturn on Capital
202557.67%
202429.58%
202317.95%
202224%
20211.37%
2020-26.32%
2019-2.48%
20180.03%
20170.8%
2016-3.27%
Shares Outstanding
0100M200M300M2016201720182019202020212022202320242025
TRGP Shares Outstanding by year
PeriodShares Outstanding
2025215M
2024220.2M
2023222.61M
2022226.85M
2021228.8M
2020228.5M
2019232.8M
2018230.5M
2017216.2M
2016181.1M
Dividends (USD)
012342017201820192020202120222023202420252026
TRGP Dividends (USD) by year
PeriodDividends (USD)
20263.5
20253.75
20242.75
20231.85
20221.4
20210.4
20201.21
20193.64
20183.64
20173.64
Employee Count
01K2K3K4K2016201720182019202020212022202320242025
TRGP Employee Count by year
PeriodEmployee Count
20253.57K
20243.37K
20233.18K
20222.85K
20212.43K
20202.37K
20192.68K
20182.46K
20172.13K
20161.97K
Book Value Per Share (USD)
0102030402016201720182019202020212022202320242025
TRGP Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202514.88
202420.06
202320.71
202221.96
202122.63
202025.83
201936.27
201832.41
201731.25
201631.61
Total Assets (USD)
010B20B30B2016201720182019202020212022202320242025
TRGP Total Assets (USD) by year
PeriodTotal Assets (USD)
202525.22B
202422.73B
202320.67B
202219.56B
202115.21B
202015.88B
201918.82B
201816.94B
201714.39B
201612.87B
PE Ratio
2025303540med 27.82Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TRGP PE Ratio by year
PeriodPE Ratio
Sep 2627.27
Sep 2627.55
Sep 2627.54
Aug 2627.32
Aug 2628.4
Aug 2626.18
Aug 2624.39
Jul 2627.35
Jul 2628.46
Jul 2628.62
Jul 2627.65
Jul 2626.19
Jun 2627.58
Jun 2626.16
Jun 2627.58
Jun 2626.72
May 2625.8
May 2628
May 2627.52
May 2625.1
May 2629.64
Apr 2628.06
Apr 2627.45
Apr 2628.34
Apr 2628.49
Mar 2629.17
Mar 2627.67
Mar 2627.98
Mar 2627.65
Feb 2627.49
Feb 2626.97
Feb 2629.19
Feb 2627.57
Jan 2626.21
Jan 2624.97
Jan 2624.17
Jan 2623.06
Jan 2624.35
Dec 2523.85
Dec 2523.33
Dec 2523.89
Dec 2523.57
Nov 2522.86
Nov 2522.24
Nov 2522.57
Nov 2522.44
Oct 2521.4
Oct 2521.36
Oct 2520.65
Oct 2521.17
Oct 2522.54
Sep 2524.19
Sep 2522.84
Sep 2523.11
Sep 2522.55
Aug 2523.3
Aug 2522.68
Aug 2522.67
Aug 2522.93
Aug 2528.85
Jul 2529.32
Jul 2530.3
Jul 2530.44
Jul 2530.73
Jun 2530.88
Jun 2530.22
Jun 2530.96
Jun 2529.59
May 2527.97
May 2528.41
May 2529.34
May 2528.26
May 2528.66
Apr 2529.93
Apr 2529.41
Apr 2527.56
Apr 2527.16
Mar 2533.33
Mar 2533.26
Mar 2532.06
Mar 2530.65
Feb 2533.99
Feb 2533.76
Feb 2536.46
Feb 2535.76
Jan 2534.94
Jan 2537.12
Jan 2538.3
Jan 2534.32
Jan 2533.05
Dec 2431.49
Dec 2431.39
Dec 2432.78
Dec 2434.5
Nov 2436.27
Nov 2436.8
Nov 2434.8
Nov 2434.14
Nov 2434.23
Oct 2434.38
Free Cash Flow Yield
0%0.5%1%1.5%2%med 1.2%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TRGP Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 261.2%
Sep 261.19%
Sep 261.19%
Aug 261.2%
Aug 261.15%
Aug 261.25%
Aug 261.34%
Jul 260.45%
Jul 260.43%
Jul 260.43%
Jul 260.45%
Jul 260.47%
Jun 260.45%
Jun 260.47%
Jun 260.45%
Jun 260.46%
May 260.48%
May 260.44%
May 260.45%
May 260.49%
May 261.07%
Apr 261.13%
Apr 261.15%
Apr 261.12%
Apr 261.11%
Mar 261.09%
Mar 261.14%
Mar 261.13%
Mar 261.15%
Feb 261.15%
Feb 261.17%
Feb 261.33%
Feb 261.41%
Jan 261.49%
Jan 261.56%
Jan 261.61%
Jan 261.69%
Jan 261.6%
Dec 251.63%
Dec 251.67%
Dec 251.63%
Dec 251.65%
Nov 251.7%
Nov 251.75%
Nov 251.73%
Nov 251.74%
Oct 251.28%
Oct 251.28%
Oct 251.33%
Oct 251.29%
Oct 251.22%
Sep 251.13%
Sep 251.2%
Sep 251.19%
Sep 251.22%
Aug 251.18%
Aug 251.21%
Aug 251.21%
Aug 251.2%
Aug 251.8%
Jul 251.77%
Jul 251.72%
Jul 251.71%
Jul 251.69%
Jun 251.68%
Jun 251.72%
Jun 251.68%
Jun 251.76%
May 251.86%
May 251.83%
May 251.77%
May 251.84%
May 251.81%
Apr 251.75%
Apr 251.78%
Apr 251.9%
Apr 251.93%
Mar 251.57%
Mar 251.57%
Mar 251.63%
Mar 251.71%
Feb 251.54%
Feb 251.55%
Feb 250.71%
Feb 250.73%
Jan 250.74%
Jan 250.7%
Jan 250.68%
Jan 250.76%
Jan 250.79%
Dec 240.83%
Dec 240.83%
Dec 240.79%
Dec 240.75%
Nov 240.72%
Nov 240.71%
Nov 240.75%
Nov 240.76%
Nov 241.16%
Oct 241.16%
Price to Sales
1.522.533.54med 2.49Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TRGP Price to Sales by year
PeriodPrice to Sales
Sep 263.68
Sep 263.72
Sep 263.71
Aug 263.69
Aug 263.83
Aug 263.53
Aug 263.29
Jul 263.55
Jul 263.69
Jul 263.71
Jul 263.59
Jul 263.4
Jun 263.58
Jun 263.39
Jun 263.58
Jun 263.47
May 263.35
May 263.63
May 263.57
May 263.26
May 263.19
Apr 263.02
Apr 262.95
Apr 263.05
Apr 263.07
Mar 263.14
Mar 262.98
Mar 263.01
Mar 262.98
Feb 262.96
Feb 262.9
Feb 262.76
Feb 262.6
Jan 262.47
Jan 262.36
Jan 262.28
Jan 262.18
Jan 262.3
Dec 252.25
Dec 252.2
Dec 252.25
Dec 252.22
Nov 252.16
Nov 252.1
Nov 252.13
Nov 252.12
Oct 251.94
Oct 251.94
Oct 251.88
Oct 251.92
Oct 252.05
Sep 252.2
Sep 252.07
Sep 252.1
Sep 252.05
Aug 252.12
Aug 252.06
Aug 252.06
Aug 252.08
Aug 252.12
Jul 252.15
Jul 252.22
Jul 252.23
Jul 252.26
Jun 252.27
Jun 252.22
Jun 252.27
Jun 252.17
May 252.05
May 252.09
May 252.15
May 252.07
May 252.1
Apr 252.37
Apr 252.33
Apr 252.19
Apr 252.15
Mar 252.64
Mar 252.64
Mar 252.54
Mar 252.43
Feb 252.7
Feb 252.68
Feb 252.76
Feb 252.71
Jan 252.64
Jan 252.81
Jan 252.9
Jan 252.6
Jan 252.5
Dec 242.38
Dec 242.38
Dec 242.48
Dec 242.61
Nov 242.75
Nov 242.79
Nov 242.63
Nov 242.58
Nov 242.24
Oct 242.25
EV/EBITDA
1012141618med 13.54Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TRGP EV/EBITDA by year
PeriodEV/EBITDA
Sep 2617.03
Sep 2617.16
Sep 2617.15
Aug 2617.05
Aug 2617.56
Aug 2616.51
Aug 2615.67
Jul 2615.51
Jul 2615.98
Jul 2616.05
Jul 2615.64
Jul 2615.01
Jun 2615.61
Jun 2615
Jun 2615.61
Jun 2615.24
May 2614.85
May 2615.79
May 2615.58
May 2614.55
May 2614.84
Apr 2614.24
Apr 2614.01
Apr 2614.35
Apr 2614.4
Mar 2614.66
Mar 2614.09
Mar 2614.21
Mar 2614.09
Feb 2614.02
Feb 2613.83
Feb 2614.1
Feb 2613.53
Jan 2613.04
Jan 2612.6
Jan 2612.31
Jan 2611.92
Jan 2612.38
Dec 2512.2
Dec 2512.02
Dec 2512.21
Dec 2512.1
Nov 2511.85
Nov 2511.63
Nov 2511.75
Nov 2511.7
Oct 2511.14
Oct 2511.13
Oct 2510.88
Oct 2511.06
Oct 2511.54
Sep 2512.11
Sep 2511.64
Sep 2511.74
Sep 2511.54
Aug 2511.8
Aug 2511.59
Aug 2511.58
Aug 2511.67
Aug 2512.69
Jul 2512.83
Jul 2513.13
Jul 2513.17
Jul 2513.26
Jun 2513.3
Jun 2513.1
Jun 2513.33
Jun 2512.91
May 2512.42
May 2512.56
May 2512.84
May 2512.51
May 2512.63
Apr 2512.88
Apr 2512.72
Apr 2512.13
Apr 2512.01
Mar 2513.96
Mar 2513.94
Mar 2513.56
Mar 2513.11
Feb 2514.17
Feb 2514.1
Feb 2514.68
Feb 2514.47
Jan 2514.22
Jan 2514.88
Jan 2515.24
Jan 2514.03
Jan 2513.64
Dec 2413.16
Dec 2413.13
Dec 2413.55
Dec 2414.08
Nov 2414.62
Nov 2414.79
Nov 2414.18
Nov 2413.97
Nov 2413.21
Oct 2413.25
Price/Operating Cashflow
81012141618med 11.88Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TRGP Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2614.41
Sep 2614.56
Sep 2614.55
Aug 2614.44
Aug 2615.01
Aug 2613.84
Aug 2612.89
Jul 2615.7
Jul 2616.34
Jul 2616.43
Jul 2615.87
Jul 2615.03
Jun 2615.83
Jun 2615.02
Jun 2615.83
Jun 2615.34
May 2614.81
May 2616.07
May 2615.79
May 2614.41
May 2613.96
Apr 2613.21
Apr 2612.93
Apr 2613.34
Apr 2613.41
Mar 2613.73
Mar 2613.03
Mar 2613.17
Mar 2613.02
Feb 2612.94
Feb 2612.7
Feb 2612.88
Feb 2612.17
Jan 2611.57
Jan 2611.02
Jan 2610.67
Jan 2610.18
Jan 2610.75
Dec 2510.52
Dec 2510.3
Dec 2510.54
Dec 2510.4
Nov 2510.09
Nov 259.81
Nov 259.96
Nov 259.9
Oct 259.06
Oct 259.05
Oct 258.75
Oct 258.97
Oct 259.55
Sep 2510.25
Sep 259.67
Sep 259.79
Sep 259.55
Aug 259.87
Aug 259.61
Aug 259.6
Aug 259.71
Aug 259.52
Jul 259.68
Jul 2510
Jul 2510.05
Jul 2510.14
Jun 2510.19
Jun 259.98
Jun 2510.22
Jun 259.77
May 259.23
May 259.38
May 259.69
May 259.33
May 259.46
Apr 2510.72
Apr 2510.53
Apr 259.87
Apr 259.73
Mar 2511.94
Mar 2511.91
Mar 2511.48
Mar 2510.98
Feb 2512.17
Feb 2512.09
Feb 2513.71
Feb 2513.45
Jan 2513.14
Jan 2513.96
Jan 2514.41
Jan 2512.91
Jan 2512.43
Dec 2411.84
Dec 2411.81
Dec 2412.33
Dec 2412.98
Nov 2413.64
Nov 2413.84
Nov 2413.09
Nov 2412.84
Nov 2411.61
Oct 2411.66
Price to Book
5101520med 13.76Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
TRGP Price to Book by year
PeriodPrice to Book
Sep 2616.27
Sep 2616.44
Sep 2616.43
Aug 2616.3
Aug 2616.94
Aug 2615.62
Aug 2614.55
Jul 2617.78
Jul 2618.5
Jul 2618.61
Jul 2617.98
Jul 2617.03
Jun 2617.93
Jun 2617.01
Jun 2617.93
Jun 2617.37
May 2616.78
May 2618.2
May 2617.89
May 2616.32
May 2617.09
Apr 2616.18
Apr 2615.83
Apr 2616.34
Apr 2616.43
Mar 2616.82
Mar 2615.96
Mar 2616.14
Mar 2615.95
Feb 2615.85
Feb 2615.55
Feb 2617
Feb 2616.06
Jan 2615.26
Jan 2614.54
Jan 2614.08
Jan 2613.43
Jan 2614.18
Dec 2513.89
Dec 2513.59
Dec 2513.91
Dec 2513.73
Nov 2513.31
Nov 2512.95
Nov 2513.15
Nov 2513.07
Oct 2512.31
Oct 2512.28
Oct 2511.88
Oct 2512.18
Oct 2512.97
Sep 2513.92
Sep 2513.14
Sep 2513.29
Sep 2512.97
Aug 2513.4
Aug 2513.04
Aug 2513.04
Aug 2513.19
Aug 2513.8
Jul 2514.03
Jul 2514.49
Jul 2514.56
Jul 2514.7
Jun 2514.77
Jun 2514.46
Jun 2514.81
Jun 2514.15
May 2513.38
May 2513.59
May 2514.03
May 2513.52
May 2513.71
Apr 258.85
Apr 258.7
Apr 258.15
Apr 258.03
Mar 259.86
Mar 259.84
Mar 259.48
Mar 259.07
Feb 2510.05
Feb 259.99
Feb 2510.09
Feb 259.89
Jan 259.67
Jan 2510.27
Jan 2510.6
Jan 259.49
Jan 259.14
Dec 248.71
Dec 248.68
Dec 249.07
Dec 249.55
Nov 2410.04
Nov 2410.18
Nov 249.63
Nov 249.44
Nov 248.4
Oct 248.43
Targa Resources Corp.
TRGP
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News: TRGP

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

zacks.com · 14 Sep 2026

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

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Targa Resources, Inc. $TRGP Shares Sold by B. Metzler seel. Sohn & Co. AG

defenseworld.net · 4 Sep 2026

Targa Resources, Inc. $TRGP Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn and Co. AG reduced its position in Targa Resources, Inc. (NYSE: TRGP) by 26.5% during the undefined quarter, according to its most recent filing with the SEC. The firm owned 22,569 shares of the pipeline company's stock after selling 8,124 shares during the quarter. B. Metzler seel. Sohn and

Why Targa Resources, Inc. (TRGP) is a Top Growth Stock for the Long-Term

zacks.com · 1 Sep 2026

Why Targa Resources, Inc. (TRGP) is a Top Growth Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Midstream Scales Up Natural Gas Infrastructure

etftrends.com · 1 Sep 2026

Midstream Scales Up Natural Gas Infrastructure

As noted last week, midstream MLPs and corporations broadly raised full-year financial guidance following a strong second quarter. Looking ahead, the sector's growth runway is accelerating.

Beacon Pointe Advisors LLC Invests $1.76 Million in Targa Resources, Inc. $TRGP

defenseworld.net · 31 Aug 2026

Beacon Pointe Advisors LLC Invests $1.76 Million in Targa Resources, Inc. $TRGP

Beacon Pointe Advisors LLC purchased a new position in Targa Resources, Inc. (NYSE: TRGP) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,569 shares of the pipeline company's stock, valued at approximately $1,762,000. Several other large investors also recently

10-14% Yielding Monthly Dividend Machines To Supercharge Your Early Retirement

seekingalpha.com · 28 Aug 2026

10-14% Yielding Monthly Dividend Machines To Supercharge Your Early Retirement

High-yielding and dependable monthly dividend machines can be powerful vehicles towards achieving early retirement. I detail two elite monthly payers yielding 10-14%. I share their pros, cons, risks, and reward profiles.

Why Targa Resources, Inc. (TRGP) is a Top Momentum Stock for the Long-Term

zacks.com · 27 Aug 2026

Why Targa Resources, Inc. (TRGP) is a Top Momentum Stock for the Long-Term

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.

Strong Midstream 2Q26 Earnings Boost Full-Year Outlook

etftrends.com · 25 Aug 2026

Strong Midstream 2Q26 Earnings Boost Full-Year Outlook

Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NGL) exports. Companies also demonstrated the defensive nature of their fee-based cash flows.

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