Price
No data yet.
Social Signal Score
Analyst Ratings
34 analystsRevenue
$4.44B+170.00%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Matthew J. Meloy
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Employees
- 3,570
- Beta
- 0.72
- Country
- US
- Piotroski score
- 7 / 9 (Strong)
- Altman Z-score
- 2.54
Financials
Revenue
$4.44B+170.0%Net Income
$764.60MEBITDA
$1.24B+425.5%Free Cash Flow
$431.20MEPS (diluted)
$3.56Shares Outstanding (diluted)
215.00M+24.1%Operating Expenses
$108.10MCash & Debt
$132.30MReturn of Capital
$349.80MRevenue by Segment (annual)
$17.03BDividend per Share
$1.25Quote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 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 |
| 2020 | $8.27B | $-1.55B | $-7.26 |
| 2019 | $8.67B | $-209.20M | $-1.44 |
| 2018 | $10.55B | $1.60M | $-0.53 |
| 2017 | $8.86B | $54.00M | $-0.31 |
| 2016 | $6.64B | $-187.30M | $-1.80 |
| 2015 | $6.58B | $58.30M | $1.09 |
| 2014 | $8.63B | $102.30M | $2.44 |
| 2013 | $6.54B | $65.10M | $1.56 |
| 2012 | $5.84B | $38.10M | $0.93 |
Valuation
Project earnings forward and see what return today's price implies.
Seeded from TRGP's reported EPS growth of 18.6% a year over 13 years.
- EPS in 5 years
- $20.13
- Implied price
- $442.86
- Return from $281.74
- 9.5% a year
To earn 15.0% a year on these assumptions you'd need to buy at $220.18 — -21.9% 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/E | 16 | 19 | 22 | 25 | 28 |
|---|---|---|---|---|---|
| 8.6% | -5.9% | -2.7% | 0.2% | 2.8% | 5.2% |
| 13.6% | -1.6% | 1.8% | 4.9% | 7.6% | 10.0% |
| 18.6% | 2.7% | 6.3% | 9.5% | 12.3% | 14.9% |
| 23.6% | 7.0% | 10.8% | 14.1% | 17.0% | 19.7% |
| 28.6% | 11.4% | 15.3% | 18.7% | 21.8% | 24.6% |
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.
Signal Score (90d)
50+0.00%Social Signal Score
Mentions (20)
- Newszacks.com·7d ago·Neutral
Is Targa Resources Stock a Smart Hold in Today's Market? TRGP's 64.3% share surge, rising 2026 earnings estimates and expansion plans face counterweights from debt, higher costs and commodity risks.
View source ↗ - News (RSS)yahoo·15d ago·Neutral
Targa Resources (TRGP) Gets a Fresh Vote of Confidence from TD Cowen
View source ↗ - News (RSS)yahoo·16d ago·Neutral
Targa Resources (TRGP) Set a Record Quarter and Then Raised the Bar
View source ↗ - News (Marketaux)insidermonkey.com·16d ago·Neutral
Targa Resources (TRGP) Set a Record Quarter and Then Raised the Bar On August 6, Targa Resource[+244 characters]
View source ↗ - Newszacks.com·17d 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 ↗ - Newsglobenewswire.com·19d ago·Positive
Targa Resources Corp. Releases Sustainability Report HOUSTON, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa", the "Company", or “our”) announced today that our Sustainability Report for 2025 is now available on the Company's website at https://www.targaresources.com/sustainability. The report provides a review of our performance for calendar year 2025 against various environmental, social, and governance topics that Targa believes are important to the industry and…
View source ↗ - Newszacks.com·21d ago·Positive
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.
View source ↗ - Newszacks.com·39d ago·Positive
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.
View source ↗ - Newszacks.com·45d ago·Neutral
How Targa's ExxonMobil Deal Could Extend Its Permian Growth Runway TRGP's 20-year ExxonMobil agreements support new Permian infrastructure through 2046, while higher 2026 growth spending raises execution stakes.
View source ↗ - Newsetftrends.com·45d ago·Positive
Targa Resources Secures 20-Year Deal With ExxonMobil Targa Resources Corp (TRGP) announced a major infrastructure expansion after securing long-term, fee-based agreements with ExxonMobil (XOM) across the Permian Delaware and Midland basins. The deal significantly bolsters Targa's processing and takeaway capabilities while offering midstream investors enhanced cash-flow visibility.
View source ↗ - Newszacks.com·46d ago·Positive
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains? (Revised) TRGP nears a 52-week high after an 85.2% rally, but premium valuation, heavy spending and moderating marketing gains raise questions.
View source ↗ - News (RSS)seekingalpha·46d ago·Neutral
Targa Resources: Reloading The Chamber For Growth With ExxonMobil Deal
View source ↗ - Newsseekingalpha.com·46d ago·Positive
…or Growth With ExxonMobil Deal Targa Resources secures a transformative 20-year midstream agreement with ExxonMobil, anchoring long-term growth and volume certainty. TRGP will invest in three new processing plants, a 70-mile pipeline, and potentially five additional plants, extending its aggressive growth trajectory. The XOM partnership delays the free cash flow inflection beyond 2028, but rising base EBITDA and project completions maintain positive FCF trends.
View source ↗ - Newszacks.com·47d ago·Positive
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains? TRGP nears a 52-week high after an 85.2% rally, but premium valuation, heavy spending and moderating marketing gains raise questions.
View source ↗ - Newszacks.com·48d ago·Positive
Targa Secures Long-Term ExxonMobil Agreements Across the Permian TRP expands its ExxonMobil pact through 2046, adding Permian acreage, 825 MMcf/d of processing capacity and Bull Run II.
View source ↗ - News (RSS)seekingalpha·49d ago·Neutral
Targa Resources signs 20-year midstream deals with Exxon, plans three new Permian gas plants
View source ↗ - Newsglobenewswire.com·49d ago·Neutral
…tionship with ExxonMobil Updating full year 2026 net growth capital estimate to ~$5.0 billion HOUSTON, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) today announced the execution of new long-term, integrated midstream agreements with subsidiaries of ExxonMobil, further strengthening the parties' strategic relationship across the Permian Basin. Targa has entered into long-term fee-based agreements with ExxonMobil for integrated natural gas gatheri…
View source ↗ - Newszacks.com·52d 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·55d 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·58d 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 ↗
Earnings
Wed, Nov 4(in 4 weeks)
Consensus estimate $2.70 per share
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.
Insider trading
Open-market buys and sells by TRGP officers and directors.
- Bought
- —
- Sold
- $49.2m
0 trades
33 trades
- Chung Paul Wsold
- Chung Paul Wsold
- Crisp Charles Rsold
- Davis Waters S Ivsold
- Davis Waters S Ivsold
- Davis Waters S Ivsold
- Davis Waters S Ivsold
- Davis Waters S Ivsold
67 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
- Gilbert Ray Cisneroshouse · CA31 · disclosed Mar 10, 2026 (28d later)Buy$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Feb 13, 2026 (35d later)Sell$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Jan 12, 2026 (24d later)Buy$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Dec 15, 2025 (33d later)Buy$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Dec 15, 2025 (27d later)Buy$1,001 - $15,000
- Lisa C. McClainhouse · MI09 · disclosed Aug 13, 2025 (22d later)Buy$1,001 - $15,000
- David Alfred Perduesenate · disclosed May 2, 2021 (438d later)Sell$1,001 - $15,000
- David Alfred Perduesenate · disclosed May 2, 2021 (447d later)Sell$1,001 - $15,000
- David Alfred Perduesenate · disclosed May 2, 2021 (382d later)Sell$1,001 - $15,000
- Kenny Marchanthouse · TX24 · disclosed Dec 29, 2020 (47d later)Sell$50,001 - $100,000
- Kenny Marchanthouse · TX24 · disclosed Dec 29, 2020 (47d later)Sell$15,001 - $50,000
- David Alfred Perduesenate · disclosed May 8, 2020 (23d later)Sell$1,001 - $15,000
- David Alfred Perduesenate · disclosed Mar 3, 2020 (22d later)Sell$1,001 - $15,000
- David Alfred Perduesenate · disclosed Mar 3, 2020 (13d later)Sell$1,001 - $15,000
- Susie Leehouse · NV03 · disclosed Feb 25, 2020 (26d later)Sell$1,001 - $15,000
- Susie Leehouse · NV03 · disclosed Feb 25, 2020 (27d later)Sell$1,001 - $15,000
- David Alfred Perduesenate · disclosed Jan 10, 2020 (32d later)Buy$1,001 - $15,000
- David Alfred Perduesenate · disclosed Nov 5, 2019 (19d later)Sell$1,001 - $15,000
- Susie Leehouse · NV03 · disclosed Oct 21, 2019 (35d later)Buy$1,001 - $15,000
- Susie Leehouse · NV03 · disclosed Oct 21, 2019 (38d later)Buy$1,001 - $15,000
Self-reported filings, amounts as brackets. Via Senate/House disclosures.