Targa Resources Corp. (TRGP) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Targa Resources Corp. (TRGP:NYSE), powered by AI.

Current Price
$259.68
P/E Ratio
29.0
Market Cap
55.7B
Sector
Energy
What is the Targa Resources Corp. stock price forecast?

Targa Resources Corp. is currently trading at $259.68. View real-time AI analysis on Alpha Lenz.

What is Targa Resources Corp. insider trading activity?

View the latest insider trading data for Targa Resources Corp. on Alpha Lenz.

What is Targa Resources Corp.'s P/E ratio?

Targa Resources Corp.'s P/E ratio is 29.0.

Targa Resources Corp.

NYSE · TRGP
$259.68-2.65(-1.01%)Pre-marketNYSE regular session 09:30–16:00 ET
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Targa Resources Corp. trades at a P/E of 29.0 (premium valuation) with strong ROE of 67.9%.

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Company Overview

Targa Resources Corp. is a leading independent provider of midstream energy services, specializing in the gathering, compression, treatment, processing, and sale of natural gas, as well as the storage, fractionation, transportation, and sale of natural gas liquids and related products. Based in Houston, Texas, the company plays a critical role in the North American energy infrastructure by connecting producers with end-users and markets, particularly across key regions such as the Permian Basin, Eagle Ford Shale, and various basins in Oklahoma and North Dakota. Targa operates an extensive portfolio of assets, including pipelines, processing plants, and storage terminals, supporting efficient movement and value-added processing of hydrocarbons. Through ongoing expansion, acquisitions, and significant investments in new facilities, Targa Resources Corp. enables reliable energy supply chains and supports industrial, commercial, and residential energy needs across the continent. As one of the largest midstream companies in the United States, it holds substantial market influence and is integral to the functioning of the broader oil and gas sector.

CEOMr. Matthew J. Meloy
SectorEnergy
IndustryOil & Gas Midstream
Employees3,370

Company Statistics

FY 2025

Profile

$55.74BMarket Cap
$17.03BRevenue
0.00Shares Out
3,370Employees

Margins

29.39%Gross
28.51%EBITDA
19.56%Operating
14.60%Pre-Tax
11.49%Net

Valuation

28.99P/E
18.17P/B
3.27EV/Sales
15.08EV/EBITDA
95.43P/FCF

Growth (CAGR)

-6.65%Rev 3Yr
15.57%Rev 5Yr
24.43%Op Inc 3Yr
21.60%Op Inc 5Yr
8.51%Net Inc 3Yr
N/ANet Inc 5Yr

Returns

8.16%ROA
67.95%ROE
13.93%ROIC

Financial Health

$166.10MCash & Cash Equivalents
$21.85BNet Debt
688.52%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

Targa Resources Corp. (ticker: TRGP) is a company listed on NYSE in the Energy sector (Oil & Gas Midstream). It has approximately 3,370 employees. Market cap is $55.7B.

The current price is $259.68 with a P/E ratio of 28.99x and P/B of 18.17x.

ROE is 67.95% and operating margin is 19.56%. Annual revenue is $17.0B.

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Targa Resources Corp. (TRGP) Stock Forecast 2026 $259.68 — Price, Financials & Analyst Targets | Alpha Lenz