Companies /Energy

Targa Resources Corp

NYSE: TRGP Oil & Gas Midstream
$285.73
▼ $1.67 (−0.58%) today
Markets closed · 5:57pm ET

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TRGP at a Glance

Valuation
Market cap
$61.6B
P/E ratio
26.9
Dividend yield
1.60%
Profitability
Revenue (TTM)
$16.7B
Profit margin
13.6%
EPS (TTM)
$10.67
Price
52-week range
$141 – $308
24/7 target
$332.61
Street target
$325.14
Earnings
Next report
Nov 4, 2026

Headquartered in Houston, TX Fiscal year ends December NYSE: TRGP targaresources.com

About Targa Resources

Targa Resources Corp. is one of the largest independent midstream infrastructure companies in North America. The company owns, operates, acquires, and develops a diversified portfolio of domestic midstream assets that are critical to the gathering, processing, transporting, storing, fractionating, terminaling, and marketing of natural gas and natural gas liquids (NGLs). Its operations span two primary segments: Gathering and Processing (G&P), which gathers raw natural gas from oil and gas wells and processes it into merchantable natural gas by extracting NGLs, as well as gathering and terminaling crude oil; and Logistics and Transportation (L&T), which converts mixed NGLs into NGL products, provides NGL pipeline transportation connecting Permian Basin gathering positions to downstream facilities in Mont Belvieu, Texas, and operates fractionation, storage, terminaling, and LPG export services. Targa's G&P assets are located in the Permian Basin of West Texas and Southeast New Mexico, the Eagle Ford Shale in South Texas, the Barnett Shale in North Texas, the Anadarko/Ardmore/Arkoma Basins in Oklahoma and South Central Kansas, the Williston Basin in North Dakota, and the Louisiana Gulf Coast. Its downstream facilities are predominantly in Mont Belvieu and Galena Park, Texas, and Lake Charles, Louisiana. The company is a FORTUNE 500 company and is included in the S&P 500. Updated

TRGP Coverage

Frequently Asked Questions

What does Targa Resources do?

Targa Resources Corp. is one of the largest independent midstream infrastructure companies in North America.

What is the TRGP stock price target?

24/7 Wall St.'s 12-month price target for TRGP is $332.61, rated Buy. The Wall Street consensus target is $325.14. TRGP price prediction →