Targa Resources (TRGP) Crosses $300 for the First Time at a New 52-Week High
As seen on the 24/7 Wall St. homepage on October 23, 2026.
Targa Resources closed at $302.37, its first trip above $300 and a new 52-week high that tops the August 20 record by 0.04%. The $64.8 billion midstream name has roughly doubled off last October's $153 level.
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Targa Resources closed at $302.37 on October 23, crossing the $300 threshold for the first time and setting a record close above the prior 52-week high from August 20.
The stock has roughly doubled off the $153 level it traded at last October, placing it among the stronger performers in midstream energy. Midstream businesses collect fees on gathering, processing, and transporting natural gas and natural gas liquids, giving them revenue stability that pure commodity producers lack.
Pullbacks in the spring and summer were each followed by a higher recovery point, a pattern that reinforced the upward structure now culminating in a fresh high for the 52-week window.
At $302.37, Targa carries a market value of roughly $64.8 billion, firmly in large-cap territory. Investors watching from the sidelines now face a stock trading above every price it has posted in the past year.
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Mentioned: TRGP