Targa Resources Inc
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 146.30 $ to 302.30 $ · Last price: 285.10 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Oil & Gas Midstream
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Targa Resources Inc TRGP | 60.2 | 29.5 | 14.9 | 43.2 | 20.9 | 3.1 | 74.9 |
| Williams Companies Inc WMB | 86.8 | 31.7 | 14.9 | 63.6 | 33.6 | 13.8 | 25.4 |
| Enterprise Products Partners LP EPD | 83.1 | 13.3 | 11.5 | 13.3 | 11.8 | -6.4 | 27.7 |
| Energy Transfer LP ET | 72.6 | 14.4 | 8.2 | 17.5 | 10.4 | -0.1 | 29.1 |
| Kinder Morgan Inc KMI | 69.0 | 21.5 | 13.1 | 49.4 | 29.9 | 12.5 | 18.1 |
| MPLX LP MPLX | 59.5 | 12.6 | 11.7 | 55.7 | 38.3 | 8.4 | 22.6 |
| ONEOK Inc OKE | 57.5 | 16.6 | 11.6 | 27.2 | 14.9 | 55.4 | 34.7 |
| Cheniere Energy Inc LNG | 55.8 | 47.4 | 10.4 | 36.9 | -53.8 | 24.4 | 15.1 |
| Venture Global, Inc. VG | 36.1 | 16.2 | 10.2 | 46.9 | 25.0 | 176.9 | 4.9 |
| Median of companies shown | 60.2 | 16.6 | 11.6 | 43.2 | 20.9 | 12.5 | 25.4 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 6,645 | 223 | -187 | -1.01 | 837 | 5,915 | 12,871 |
| 2017 | 8,865 | 321 | 54 | 0.26 | 940 | 6,973 | 14,389 |
| 2018 | 10,555 | 518 | 2 | 0.01 | 1,144 | 6,079 | 16,938 |
| 2019 | 8,671 | 193 | -209 | -0.90 | 1,390 | 4,921 | 18,815 |
| 2020 | 8,273 | 1,265 | -1,554 | -6.69 | 1,745 | 2,654 | 15,876 |
| 2021 | 17,440 | 1,820 | 71 | 0.31 | 2,303 | 2,012 | 15,208 |
| 2022 | 21,685 | 2,484 | 1,142 | 4.94 | 2,381 | 2,666 | 19,560 |
| 2023 | 15,619 | 2,187 | 828 | 3.66 | 3,212 | 2,740 | 20,672 |
| 2024 | 16,627 | 2,944 | 1,270 | 5.74 | 3,650 | 2,592 | 22,734 |
| 2025 | 17,136 | 3,447 | 1,844 | 8.58 | 3,917 | 3,068 | 25,218 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 1.59 | 27.10 | 4,405 | 4.10 | 8.00 | 1,328 | 601 |
| 2025: Q1 | 0.91 | -26.10 | 4,562 | 0.00 | 5.90 | 954 | 162 |
| 2025: Q2 | 2.88 | 115.50 | 4,260 | 19.60 | 14.80 | 858 | -48 |
| 2025: Q3 | 2.20 | 26.00 | 4,202 | 8.10 | 11.30 | 599 | -73 |
| 2025: Q4 | 2.53 | 59.80 | 4,056 | -7.90 | 13.40 | 1,506 | 542 |
| 2026: Q1 | 2.23 | 145.40 | 4,095 | -10.20 | 11.70 | 740 | -160 |
| 2026: Q2 | 3.54 | 22.90 | 4,440 | 4.20 | 17.20 | 1,441 | 431 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 3 of our scanner strategies — each hit links to the scanner.
Quality & Balance Sheet
Aktien.Guide
Dividends
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 11.50 | 11.00 – 12.09 | 19,170 | 27.8% | 5 |
| 12/31/2027 | 12.08 | 11.70 – 12.49 | 23,600 | 5.1% | 5 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 27.0% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $740.9M |
|---|---|
| Market cap | $60.24B |
| Free cash flow in year ten | $8.07B |
| Terminal value as a share of market value | 70.6% |
For comparison: over the past five years free cash flow shrank by 5.9% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Not yet rated — we only show a category once an SEC-backed file with at least two cited passages is available.
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years -7.6%
- More than 10% revenue growth is expected for the coming year 13.6%
- Share count grows by less than 3% a year -2.4%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 6.5%
- Gross margin at 40% or higher and without meaningful erosion 26.5%
- Goodwill from acquisitions does not grow faster than revenue 0.5%
- Net debt below twice EBITDA 3.6 x EBITDA
- Operating cash flow covers the profits of the last three years 6,837 m
- Return on capital at 15% or higher, or up versus two years ago 15.9%
- Insiders hold at least 10% or are net buyers 1.4%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
8/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 11.1%
- Exp. sales growth 3Y > 5% 17.4%
- EBIT growth 10Y > 5% 35.6%
- Exp. EBIT growth 3Y > 5% 18.7%
- Net debt < 4x EBIT 5.0x
- EBIT positive, 10Y straight 10
- Max. EBIT decline < 50% 62.8%
- Return on equity > 15% 141.4%
- ROCE > 15% 15.9%
- Expected return > 10% 19.8%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 3, 2026 | Perkins Joe Bob | Director | Other | 8,370 | 0.00 | – |
| Sep 1, 2026 | Secrest Brent B. | See Remarks | Other | 10,000 | 0.00 | – |
| Sep 1, 2026 | Chung Paul W | Director | Sell | 816 | 297.00 | 242,352 |
| Sep 1, 2026 | Chung Paul W | Director | Sell | 1,000 | 295.38 | 295,381 |
| Aug 25, 2026 | Crisp Charles R | Director | Sell | 3,000 | 290.23 | 870,690 |
| Aug 25, 2026 | Crisp Charles R | Director | Other | 1,200 | 0.00 | – |
| Aug 21, 2026 | Davis Waters S IV | Director | Sell | 590 | 303.81 | 179,250 |
| Aug 21, 2026 | Davis Waters S IV | Director | Sell | 270 | 302.47 | 81,667 |
| Aug 21, 2026 | Davis Waters S IV | Director | Sell | 154 | 300.18 | 46,227 |
| Aug 21, 2026 | Davis Waters S IV | Director | Sell | 254 | 298.68 | 75,865 |
The company
About the Company
Targa Resources Corp. besitzt, betreibt, erwirbt und entwickelt mit ihren Tochtergesellschaften ein Portfolio sich ergänzender inländischer Infrastrukturanlagen in Nordamerika.
- Employees
- 3,570
- Headquarters
- Houston, TX
- Address
- 811 Louisiana Street, 77002 Houston, United States
- Phone
- 713 584 1000
- Website
- targaresources.com
- IPO Date
- 12/07/2010
- ISIN
- US87612G1013
Management
| Name | Title | Birth Year |
|---|---|---|
| Matthew J. Meloy | CEO & Director | 1978 |
| Jennifer R. Kneale | President | 1979 |
| Patrick J. McDonie | President of Gathering & Processing | 1961 |
| Robert M. Muraro | Chief Commercial Officer | 1977 |
| William A. Byers | Executive Officer | 1977 |
| Benjamin J. Branstetter | Chief Financial Officer | 1985 |
| John Christopher Eklof | Senior VP & Chief Accounting Officer | 1970 |
| Tristan James Richardson | VP of Investor Relations & Fundamentals | – |
| Gerald R. Shrader | Executive VP, General Counsel & Secretary | 1960 |
| Denny Latham | Executive Vice President of Permian | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 08/25/2026 Targa Resources Corp. (TRGP): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers SEC ↗
- 08/06/2026 Targa Resources Corp. (TRGP): Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits SEC ↗
- 07/17/2026 Targa Resources Corp. (TRGP): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits SEC ↗
- 07/06/2026 Targa Resources Corp. (TRGP): Entry into a Material Definitive Agreement; Financial Statements and Exhibits SEC ↗
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.