Energy
Targa Resources Corp.(TRGP)
Live Price
Offline$258.58
-0.83% today
1Y Change
+65.48%
Window
Jun 23, 2025 โ Jun 12, 2026
- Market Cap
- $54.66B
- Revenue Growth
- +3.1%
- EPS Growth
- +48.0%
- Dividend Yield
- 1.7%
Coverage: 245 bars ยท Jun 23, 2025 โ Jun 12, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Targa Resources Corp. (TRGP) is a Energy stock with a market cap of $54.66B and listed on NYSE. The stock last traded around $258.58 and up 65.5% across the available one-year price window (Jun 23, 2025 โ Jun 12, 2026). Baseline metrics include revenue growth of +3.1%, EPS growth of +48.0%, a dividend yield of 1.7%. What stands out right now is revenue +3.1%, EPS +48.0%, free cash flow -14.6% with operating margin 20.1% and ROIC 12.1%. The dividend is present but secondary, with a yield around 1.7%. Valuation is more restrained than many high-expectation growth names at P/E 29.6 and price/sales 3.2. Stock Foundry combines TRGP price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Energy peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
+3.1% vs +11.2% peer median
Operating Margin
Above sector median
+20.1% vs +8.6% peer median
P/E
Above sector median
29.6 vs 7.9 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 7, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +3.1% and EPS at +48.0%, with operating margin around 20.1%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 1.7%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +4.7% over the next 5 trading days and finished higher after 3 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 7, 2026 | โ | -1.7% | +6.0% | +4.6% |
2026 Feb 19, 2026 | +9.1% | +3.2% | +3.1% | +6.9% |
2025 Nov 5, 2025 | +4.3% | +4.4% | +4.8% | +10.7% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
TRGP
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
TRGP Max Drawdown
-16.80%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for TRGP and SPY.
Company Overview
Targa Resources Corp.
New York Stock Exchange
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.
- Leadership
- Matthew J. Meloy
- IPO Date
- Dec 7, 2010
- Employees
- 3.4k
- Street Address
- 811 Louisiana Street
- Mailing
- Houston, TX, 77002
- Region
- Houston, TX, US
- Reporting Currency
- USD
- Investor Line
- 713 584 1000
- Last Updated
- May 5, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 29.6
- EV/EBITDA
- 14.8
- Price/Sales
- 3.2
- Price/Book
- 17.8
Growth
- Revenue
- +3.1%
- EPS
- +48.0%
- Free Cash Flow
- -14.6%
Profitability
- Gross Margin
- 26.5%
- Operating Margin
- 20.1%
- Net Margin
- 10.8%
- ROE
- 68.2%
- ROIC
- 12.1%
Balance Sheet
- Debt/Equity
- 5.72
- Current Ratio
- 0.67
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.