Top-Rated StocksTop-RatedMost-Upgraded StocksMost-UpgradedNYSE:TRGP Targa Resources (TRGP) Stock Price, News & Analysis $304.44 +2.07 (+0.68%) Closing price 10/26/2026 03:59 PM EasternExtended Trading$304.70 +0.26 (+0.09%) As of 07:18 AM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Targa Resources Stock (NYSE:TRGP) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Targa Resources alerts:Sign Up Key Stats Today's Range$301.50▼$306.1650-Day Range$270.58▼$302.3152-Week Range$150.00▼$307.94Volume857,040 shsAverage Volume1.12 million shsMarket Capitalization$65.28 billionP/E Ratio29.10Dividend Yield1.64%Price Target$319.25Consensus RatingBuy Company Overview Targa Resources Corp. is a Houston-based midstream energy company that owns, operates and develops infrastructure used to gather, process, transport, store and fractionate natural gas and natural gas liquids (NGLs). Its operations support producers and other energy companies by connecting hydrocarbon supplies with domestic and international markets. The company’s services include natural gas gathering and processing, NGL recovery, fractionation and storage, crude oil gathering, and the transportation and logistics of NGLs and related products. Targa also operates export facilities that provide access to global markets for liquefied petroleum gas and other NGL products, including propane and butane. Targa’s asset network is concentrated in major U.S. producing regions, including the Permian Basin in West Texas and New Mexico, the Eagle Ford and Barnett shale areas in Texas, the Anadarko Basin in Oklahoma, the Bakken Shale in North Dakota, and the Gulf Coast. The company was formed in 2005 and became a publicly traded company in 2010. Targa Resources is led by President and Chief Executive Officer Matthew J. Meloy.AI Generated. May Contain Errors. Read More Targa Resources Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks77th Percentile Overall ScoreTRGP MarketRank™: 3.861071474895 of 5 starsTarga Resources scored higher than 77% of companies evaluated by MarketBeat, and ranked 28th out of 245 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.9 / 5Analyst RatingBuy Consensus RatingTarga Resources has received a consensus rating of Buy. The company's average rating score is 3.05, and is based on 1 strong buy rating, 21 buy ratings, no hold ratings, and no sell ratings.Upside/DownsideThe consensus price target for Targa Resources is close to its current price, suggesting limited near-term upside or downside.Amount of Analyst CoverageTarga Resources has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Targa Resources' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth9.54% Earnings GrowthEarnings for Targa Resources are expected to grow by 9.54% in the coming year, from $11.42 to $12.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Targa Resources is 29.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Targa Resources is 29.10, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 24.68.Price to Earnings Growth RatioTarga Resources has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTarga Resources has a P/B Ratio of 20.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Targa Resources' valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.64% of the float of Targa Resources has been sold short.Short Interest Ratio / Days to CoverTarga Resources has a short interest ratio ("days to cover") of 5.26.Change versus previous monthShort interest in Targa Resources has recently increased by 5.43%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend YieldTarga Resources pays a meaningful dividend of 1.65%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTarga Resources has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Targa Resources is 47.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Targa Resources will have a dividend payout ratio of 39.97% next year. This indicates that Targa Resources will be able to sustain or increase its dividend.Read more about Targa Resources' dividend. News and Social Media4.2 / 5News Sentiment0.78 News SentimentTarga Resources has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Targa Resources this week, compared to 6 articles on an average week.Search Interest20 people have searched for TRGP on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows12 people have added Targa Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 140% compared to the previous 30 days. Company Ownership1.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Targa Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,127,634.00 in company stock.Percentage Held by Insiders1.37% of the stock of Targa Resources is held by insiders.Percentage Held by Institutions92.13% of the stock of Targa Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Targa Resources' insider trading history. Receive TRGP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Targa Resources and its competitors with MarketBeat's FREE daily newsletter. 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TRGP Stock News HeadlinesErste Group Bank Comments on Targa Resources FY2026 EarningsOctober 25 at 1:13 AM | americanbankingnews.comTarga Resources (TRGP) Crosses $300 for the First Time at a New 52-Week HighOctober 23, 2026 | 247wallst.comWould Anthropic IPO Burst the Bubble?The biggest IPO in history is likely just weeks away… Anthropic, the company behind Claude AI, is rumoured to be lining up a Nasdaq debut before Thanksgiving… at a valuation of up to $2 trillion. But here’s what nobody’s talking about… A raise of about $100 billion doesn’t just make headlines. It puts an enormous spotlight on the AI industry. And as investors rush to find the next big opportunity in artificial intelligence, some of the most interesting plays may be hiding outside traditional AI stocks.October 27 at 1:00 AM | Crypto 101 Media (Ad)Targa Resources Surges 4% to $302 in Regular TradingOctober 23, 2026 | 247wallst.comTarga Resources Drops 5%, Shedding ~$3 Billion in One SessionOctober 22, 2026 | 247wallst.comBMO Capital Releases a Buy Rating on Targa Resources (TRGP)October 22, 2026 | theglobeandmail.comWhat to Expect From Targa Resources’ Q3 2026 Earnings ReportOctober 22, 2026 | barchart.comAnalyst Rating Boosts May Signal More Upside for These 3 Stocks (TRGP)StubHub, Targa Resources, and Equinor recently received analyst upgrades tied to improving fundamentals, EBITDA growth, long-term contracts, and strategic positioning in energy and ticketing markets.September 28, 2026 | marketbeat.comSee More Headlines TRGP Stock Analysis - Frequently Asked Questions How have TRGP shares performed this year? Targa Resources' stock was trading at $184.63 at the start of the year. Since then, TRGP shares have increased by 64.9% and is now trading at $304.4360. How were Targa Resources' earnings last quarter? Targa Resources, Inc. (NYSE:TRGP) announced its quarterly earnings results on Thursday, August, 6th. The pipeline company reported $3.54 EPS for the quarter, beating the consensus estimate of $2.83 by $0.71. The pipeline company earned $4.44 billion during the quarter, compared to analyst estimates of $4.90 billion. Targa Resources had a trailing twelve-month return on equity of 69.26% and a net margin of 13.55%. Read the conference call transcript. When did Targa Resources IPO? Targa Resources (TRGP) raised $275 million in an initial public offering on Tuesday, December 7th 2010. The company issued 13,750,000 shares at $19.00-$21.00 per share. Who are Targa Resources' major shareholders? Targa Resources' top institutional shareholders include Chickasaw Capital Management LLC (0.75%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.26%), Artemis Investment Management LLP (0.21%) and Miller Howard Investments Inc. NY (0.12%). Insiders that own company stock include Matthew J Meloy, Patrick J Mcdonie, Jennifer R Kneale, Robert Muraro, Joe Bob Perkins, Charles R Crisp, Paul W Chung, Julie H Boushka, D Scott Pryor, Gerald R Shrader, Ershel C Redd Jr, Lindsey Cooksen and Waters S Iv Davis. View institutional ownership trends. How do I buy shares of Targa Resources? Shares of TRGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Targa Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that Targa Resources investors own include NVIDIA (NVDA), Energy Transfer (ET), Enterprise Products Partners (EPD), ExxonMobil (XOM), Tesla (TSLA), Advanced Micro Devices (AMD) and Broadcom (AVGO). Company Calendar Record date for 8/14 Dividend7/31/2026Ex-Dividend for 8/14 Dividend7/31/2026Last Earnings8/06/2026Dividend Payable8/14/2026Today10/27/2026Record date for 11/17 Dividend10/30/2026Ex-Dividend for 11/17 Dividend10/30/2026Next Earnings (Estimated)11/05/2026Dividend Payable11/17/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (10m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 TRGP's financial health is in the Green zone, according to TradeSmith. TRGP has been in this zone for over 10 months. Industry, Sector and Symbol Stock ExchangeNYSE SectorEnergy Industry Oil, Gas & Consumable Fuels Sub-IndustryOil & Gas Storage & Transportation Current SymbolNYSE:TRGP CIK1389170 Webwww.targaresources.com Phone(713) 584-1000Fax713-584-1100Employees3,570Year Founded2006Price Target and Rating Average Price Target for Targa Resources$319.25 High Price Target$359.00 Low Price Target$201.00 Potential Upside/Downside+4.9%Consensus RatingBuy Rating Score (0-4)3.05 Research Coverage22 Analysts Profitability EPS (Trailing Twelve Months)$10.46 Trailing P/E Ratio29.10 Forward P/E Ratio26.66 P/E Growth1.25Net Income$1.84 billion Net Margins13.55% Pretax Margin17.50% Return on Equity69.26% Return on Assets8.64% Debt Debt-to-Equity Ratio5.01 Current Ratio0.77 Quick Ratio0.68 Sales & Book Value Annual Sales$17.03 billion Price / Sales3.83 Cash Flow$15.88 per share Price / Cash Flow19.17 Book Value$14.90 per share Price / Book20.43Miscellaneous Outstanding Shares214,430,000Free Float211,493,000Market Cap$65.28 billion OptionableOptionable Beta0.80 Social Links 10 Stocks Powering The Next AI Boom The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. 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