Targa Resources Inc (TRGP)

NYSE
Currency in USD
165.55
-0.90(-0.54%)
Real-time Data·
TRGP Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
TRGP is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
164.07167.94
52 wk Range
113.65218.51
Key Statistics
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Prev. Close
166.45
Open
166.45
Day's Range
164.07-167.94
52 wk Range
113.65-218.51
Volume
1.05M
Average Vol. (3m)
2.29M
1-Year Change
44.01%
Book Value / Share
11.27
Fair Value
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Fair Value Upside
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TRGP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
205.94
Upside
+24.39%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings upwards for the upcoming period
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Targa Resources Inc Company Profile

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved 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; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale 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. As of December 31, 2024, it leased and managed approximately 531 railcars; 131 tractors; and 6 vacuum trucks and 2 pressurized NGL barges, as well as owns 8 tractors. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Targa Resources Inc SWOT Analysis


Navigating Volatility
Learn about TRGP's strategies to mitigate risks from crude price fluctuations and changing market conditions while capitalizing on emerging opportunities in natural gas demand
Market Valuation
Delve into TRGP's market dynamics, with analysts setting price targets ranging from $199 to $206, reflecting optimism about the company's growth trajectory
Cash Flow Catalyst
Discover how TRGP's anticipated cash flow inflection in 2025 could enhance financial flexibility, potentially boosting shareholder returns and strategic investments
Permian Powerhouse
Explore Targa Resources' dominant position in the Permian basin, driving robust financial performance and positioning the company for significant future growth
Read full SWOT analysis

Targa Resources Inc Earnings Call Summary for Q1/2025

  • Targa Resources Q1 2025 EPS beat expectations at $1.97, but revenue fell short at $4.65B vs $4.93B forecast
  • Adjusted EBITDA increased 22% YoY to $1.179B; company reaffirmed full-year 2025 guidance of $4.65-$4.85B
  • Stock price dropped 2.73% pre-market despite EPS beat, reflecting concerns over revenue shortfall
  • Company maintains strong financial health, with 15 years of consistent dividends and 55% return over past year
  • Strategic focus on Permian Basin expansion, with Pembroke II plant completion expected in Q3 2025
Last Updated: 05/01/2025, 11:47 AM
Read Full Transcript

Compare TRGP to Peers and Sector

Metrics to compare
TRGP
Peers
Sector
Relationship
P/E Ratio
30.1x12.3x4.7x
PEG Ratio
2.570.550.00
Price / Book
14.7x1.9x1.1x
Price / LTM Sales
2.2x0.5x1.0x
Upside (Analyst Target)
21.8%18.2%33.4%
Fair Value Upside
Unlock10.9%11.4%Unlock

Analyst Ratings

20 Buy
2 Hold
0 Sell
Ratings:
22 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 205.94
(+24.39% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.46%
Dividend Yield
2.40%
Industry Median 5.35%
Annualized Payout
4.00
Paid quarterly
5-Years Growth
+2.81%
Growth Streak

Earnings

Latest Release
May 01, 2025
EPS / Forecast
1.97 / 1.95
Revenue / Forecast
4.65B / 4.93B
EPS Revisions
Last 90 days

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FAQ

What Is the Targa Resources (TRGP) Stock Price Today?

The Targa Resources stock price today is 165.55

What Stock Exchange Does Targa Resources Trade On?

Targa Resources is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Targa Resources?

The stock symbol for Targa Resources is "TRGP."

Does Targa Resources Pay Dividends? What’s The Current Dividend Yield?

The Targa Resources dividend yield is 2.4%.

What Is the Targa Resources Market Cap?

As of today, Targa Resources market cap is 35.95B.

What Is Targa Resources's Earnings Per Share (TTM)?

The Targa Resources EPS (TTM) is 5.46.

When Is the Next Targa Resources Earnings Date?

Targa Resources will release its next earnings report on Jul 31, 2025.

From a Technical Analysis Perspective, Is TRGP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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