NYSE:TRGP - Targa Resources Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $38.98 -0.39 (-0.99 %) (As of 04/18/2019 10:49 AM ET)Previous Close$39.37Today's Range$38.90 - $39.3652-Week Range$33.55 - $59.21Volume18,765 shsAverage Volume2.40 million shsMarket Capitalization$9.06 billionP/E Ratio194.75Dividend Yield9.19%Beta2.04 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Marketing. The company engages 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; gathering, storing, terminaling, and selling crude oil; and storing, terminaling, and selling refined petroleum products. It is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. It operates approximately 28,500 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 71 million barrels. As of December 31, 2018, the company leased and managed approximately 585 railcars; 136 transport tractors; and 2 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas. Receive TRGP News and Ratings via Email Sign-up to receive the latest news and ratings for TRGP and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Natural gas transmission Sub-IndustryOil & Gas Storage & Transportation SectorOils/Energy Current SymbolNYSE:TRGP Previous Symbol CUSIP87612G10 CIK1389170 Webwww.targaresources.com Phone713-584-1000Debt Debt-to-Equity Ratio0.75 Current Ratio0.51 Quick Ratio0.45Price-To-Earnings Trailing P/E Ratio194.75 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$10.48 billion Price / Sales0.86 Cash Flow$5.1222 per share Price / Cash Flow7.61 Book Value$32.58 per share Price / Book1.20Profitability EPS (Most Recent Fiscal Year)$0.20 Net Income$1.60 million Net Margins0.02% Return on Equity2.32% Return on Assets1.05%Miscellaneous Employees2,460 Outstanding Shares232,474,000Market Cap$9.06 billion Next Earnings Date5/2/2019 (Estimated) OptionableOptionable Targa Resources (NYSE:TRGP) Frequently Asked Questions What is Targa Resources' stock symbol? Targa Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRGP." How often does Targa Resources pay dividends? What is the dividend yield for Targa Resources? Targa Resources declared a quarterly dividend on Thursday, January 17th. Investors of record on Thursday, January 31st will be given a dividend of $0.91 per share on Friday, February 15th. This represents a $3.64 annualized dividend and a yield of 9.31%. The ex-dividend date is Wednesday, January 30th. View Targa Resources' Dividend History. How were Targa Resources' earnings last quarter? Targa Resources Corp (NYSE:TRGP) issued its quarterly earnings data on Friday, March, 1st. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.05 by $0.08. The pipeline company earned $2.60 billion during the quarter, compared to analyst estimates of $2.71 billion. Targa Resources had a net margin of 0.02% and a return on equity of 2.32%. View Targa Resources' Earnings History. When is Targa Resources' next earnings date? Targa Resources is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Targa Resources. What price target have analysts set for TRGP? 20 brokers have issued 12-month target prices for Targa Resources' shares. Their predictions range from $46.00 to $66.00. On average, they expect Targa Resources' share price to reach $55.00 in the next twelve months. This suggests a possible upside of 40.7% from the stock's current price. View Analyst Price Targets for Targa Resources. What is the consensus analysts' recommendation for Targa Resources? 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Targa Resources in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Targa Resources. Has Targa Resources been receiving favorable news coverage? Media headlines about TRGP stock have trended somewhat positive recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Targa Resources earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the pipeline company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. Who are some of Targa Resources' key competitors? Some companies that are related to Targa Resources include National Grid (NGG), Williams Companies (WMB), Spectra Energy Partners (SEP), Western Gas Equity Partners (WGP), Western Midstream Partners (WES), Tallgrass Energy (TGE), EQGP (EQGP), EnLink Midstream (ENLC), Enable Midstream Partners (ENBL), EQM Midstream Partners (EQM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), Antero Midstream Partners (AM), TC Pipelines (TCP) and Dominion Energy Midstream Partners (DM). What other stocks do shareholders of Targa Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Targa Resources investors own include Energy Transfer LP Unit (ET), Government Properties Income Trust (GOV), Esperion Therapeutics (ESPR), Targa Resources Partners (NGLS), Alon USA Partners (ALDW), Enterprise Products Partners (EPD), Penn Virginia (PVAHQ), AT&T (T), Kinder Morgan (KMI) and Phillips 66 (PSX). Who are Targa Resources' key executives? Targa Resources' management team includes the folowing people: Mr. Joe Bob Perkins, CEO & Director (Age 59)Mr. Matthew J. Meloy, Pres (Age 41)Ms. Jennifer R. Kneale, Chief Financial Officer (Age 40)Mr. Paul W. Chung, Exec. VP, Gen. Counsel & Sec. (Age 59)Mr. D. Scott Pryor, Pres of Logistics & Marketing (Age 56) Who are Targa Resources' major shareholders? Targa Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (2.19%), Spirit of America Management Corp NY (0.11%), Viking Fund Management LLC (0.07%), Calamos Advisors LLC (0.04%), State of Alaska Department of Revenue (0.03%) and Hodges Capital Management Inc. (0.01%). Company insiders that own Targa Resources stock include Charles R Crisp, Chris Tong, Dan C Middlebrooks and John Richard Klein. View Institutional Ownership Trends for Targa Resources. Which institutional investors are selling Targa Resources stock? TRGP stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Spirit of America Management Corp NY, Town & Country Bank & Trust CO dba First Bankers Trust CO and Wiley BROS. Aintree Capital LLC. Company insiders that have sold Targa Resources company stock in the last year include Charles R Crisp and John Richard Klein. View Insider Buying and Selling for Targa Resources. Which institutional investors are buying Targa Resources stock? TRGP stock was acquired by a variety of institutional investors in the last quarter, including Viking Fund Management LLC, Calamos Advisors LLC, Nisa Investment Advisors LLC, Hodges Capital Management Inc., Mercer Global Advisors Inc. ADV, Bank of Edwardsville, Wedbush Securities Inc. and Sciencast Management LP. View Insider Buying and Selling for Targa Resources. How do I buy shares of Targa Resources? Shares of TRGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Targa Resources' stock price today? One share of TRGP stock can currently be purchased for approximately $39.10. How big of a company is Targa Resources? Targa Resources has a market capitalization of $9.09 billion and generates $10.48 billion in revenue each year. The pipeline company earns $1.60 million in net income (profit) each year or $0.20 on an earnings per share basis. Targa Resources employs 2,460 workers across the globe. What is Targa Resources' official website? The official website for Targa Resources is http://www.targaresources.com. How can I contact Targa Resources? Targa Resources' mailing address is 811 LOUISIANA STREET SUITE 2100, HOUSTON TX, 77002. The pipeline company can be reached via phone at 713-584-1000 or via email at [email protected] MarketBeat Community Rating for Targa Resources (NYSE TRGP)Community Ranking: 2.6 out of 5 ( )Outperform Votes: 526 (Vote Outperform)Underperform Votes: 478 (Vote Underperform)Total Votes: 1,004MarketBeat's community ratings are surveys of what our community members think about Targa Resources and other stocks. Vote "Outperform" if you believe TRGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRGP will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 4/18/2019 by MarketBeat.com StaffFeatured Article: Why do commodities matter?