TRGP logo

TRGP Targa Resources Corp.

New York Stock Exchange · Oil & Gas Midstream · Energy

$275.79
+8.91 (+3.34%)

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 co…

Market Cap: $59.20Bwww.targaresources.com

Price (90d)

No price history yet — the daily price refresh runs once a day.

Signal Score (90d)

107
100107113120
Aug 9Aug 14

Quote

Day Range
$268.45 – $277.16
52-Week Range
$144.14 – $291.04
Volume
$716.2K
Market Cap
$59.20B
50-Day Avg
$269.67
200-Day Avg
$228.25
Prev Close
$266.88
Open
$269.59

Valuation & Ratios

P/E Ratio
21.60
EPS
$8.58
P/B Ratio
12.93
P/S Ratio
2.31
Debt/Equity
5.72
Current Ratio
0.67
Dividend Yield
+2.1%
Gross Margin
+26.5%

Returns & Efficiency

Return on Equity
+60.1%
Return on Assets
+7.3%
FCF Yield
+1.5%
EV/EBITDA
11.75

Revenue & Net Income (Annual)

Fiscal YearRevenueNet IncomeEPS
2025$17.14B$1.84B$8.54
2024$16.63B$1.27B$5.77
2023$15.62B$828.20M$3.69
2022$21.68B$1.14B$3.95
2021$17.44B$71.20M$-0.07

Social Signal Score

61
5d
64
2 mentions
30d
60
3 mentions
60d
60
3 mentions
90d
60
3 mentions
news: 3

Earnings

Wed, Nov 4(in 3 months)

Consensus estimate $2.75 per share

4of 7 quarters beat consensus

Typical surprise +4.3% (median, so one quarter with a near-zero estimate can't distort it)

  • Thu, Aug 6$3.54 vs $2.83beat
  • Thu, May 7$2.21 vs $2.48miss
  • Thu, Feb 19$2.51 vs $2.30beat
  • Wed, Nov 5$2.20 vs $2.11beat
  • Thu, Aug 7$2.87 vs $1.86beat
  • Thu, May 1$0.91 vs $1.98miss

Estimates and results for TRGP via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.

Valuation

Project earnings forward and see what return today's price implies.

EPS was negative in at least one boundary year, so a compound growth rate can't be computed from it. Set your own assumption.

EPS in 5 years
$12.60
Implied price
$277.31
Return from $275.79
0.1% a year

To earn 15.0% a year on these assumptions you'd need to buy at $137.87 -50.0% below today's price.

How sensitive is that answer?

Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.

growth \ P/E1619222528
-2.0%-14.8%-11.8%-9.2%-6.8%-4.7%
3.0%-10.4%-7.3%-4.5%-2.1%0.2%
8.0%-6.1%-2.8%0.1%2.7%5.1%
13.0%-1.7%1.7%4.7%7.5%9.9%
18.0%2.6%6.2%9.4%12.2%14.8%

This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.

Mentions (3)

  • Newszacks.com·1d ago·Neutral

    Targa Resources Q2 Earnings Beat Estimates, Revenues Miss TRGP beats Q2 earnings estimates as higher midstream fees and margins lift results, while lower commodity sales weigh on revenues.

    View source ↗
  • Newszacks.com·4d ago·Positive

    Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth Stock Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

    View source ↗
  • Newsmarketbeat.com·6d ago·Neutral

    Targa Resources Q2 Earnings Call Highlights Targa Resources NYSE: TRGP reported record second-quarter operating volumes and adjusted EBITDA, supported by growth in the Permian Basin, higher marketing optimization opportunities and record activity across its downstream operations.

    View source ↗