USEnergy

Targa Resources Inc (TRGP)

US · Energy · Oil & Gas Midstream

$262.98-0.61%
Last close · 2026-08-04

Latest quarter · ended 2026-03-31

Revenue
$4.09B
Revenue YoY
-15.6%
Net profit
$479.6M
Profit YoY
+141.2%
EPS
$2.76
EPS estimate
$2.57
Net margin
11.7%

EPS came in at 2.76 against a street estimate of 2.57 — a beat of 7.4%.

Key statistics

Market cap
$58.03B
P/E
27.6
Forward P/E
24.7
P/B
18.50
Book value
$14.61
EPS (TTM)
$9.79
Dividend yield
1.59%
52-week high
$289.68
52-week low
$141.11
50-day MA
$269.63
200-day MA
$222.56
Beta
0.70

Analyst view

Analysts rate Targa Resources Inc a buy (19 buy, 3 hold, 0 sell out of 22) with an average price target of $297.29.

Shareholding

Insiders
1.38%
Institutions
97.31%

Largest institutional holders

FundStake
BlackRock Inc9.57%
Wellington Management Company LLP7.01%
Vanguard Capital Management, LLC6.50%
State Street Corp6.34%
Vanguard Portfolio Management, LLC5.52%
Harris Associates L.P.4.06%
Geode Capital Management, LLC2.80%
Tortoise Midstream Energy Fund, Inc.1.65%

Recent filings & reports

DocumentDate
Board / officer change · Q3 20262026-07-17
Material agreement · Q3 20262026-07-06
Shareholder vote results · Q2 20262026-05-22
Quarterly report · Q1 20262026-05-07
Results announced · Q2 20262026-05-07
Proxy statement · Q2 20262026-03-26
Annual report FY20252026-02-19
Quarterly report · Q3 20252025-11-05

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$1.25 / share
ex-date Jul 31, 2026 · pay Aug 14, 2026
2026-07-31
Dividend$1.25 / share
ex-date Apr 30, 2026 · pay May 15, 2026
2026-04-30
Dividend$1.00 / share
ex-date Jan 30, 2026 · pay Feb 13, 2026
2026-01-30
Dividend$1.00 / share
ex-date Oct 31, 2025 · pay Nov 17, 2025
2025-10-31
Dividend$1.00 / share
ex-date Jul 31, 2025 · pay Aug 15, 2025
2025-07-31

Deals & corporate news

AnnouncementDate
Record Q1 2026 results; full year 2026 adjusted EBITDA outlook increased
Targa Resources Corp. reported record first quarter 2026 results with net income of $480 million (up 77% year-over-year from $271 million) and adjusted EBITDA of $1.4 billion (up 19% year-ov
2026-05-07
Full year 2026 adjusted EBITDA guidance raised to $5.4-5.6 billion
Targa Resources Corp. reported record financial results for 2025, with full-year adjusted EBITDA reaching $4.96 billion, up 20% from 2024. Fourth quarter net income was $545 million versus $
2026-02-19
25% dividend increase for 2026 and share repurchase program updates
Targa Resources Corp., a midstream energy company, reported record third-quarter 2025 results with strong growth across the board. Net income reached $478.4 million (up 23% from $387.4 milli
2025-11-05
Multiple production capacity projects completed early; $3B capex guidance
Targa Resources Corp., an energy infrastructure company, reported strong second quarter 2025 results. Net income nearly doubled to $629.1 million (from $298.5 million a year ago), and adjust
2025-08-07

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Data updated 2026-08-05.