Targa Resources Corp.
TRGP
NYSE·Energy·Oil & Gas Midstream·Mkt cap $62.3B
$290.05
▼ -1.19%
P/E
61.58
Mkt Cap
$62.3B
52-Wk Range
$144.14–$307.94
52-Week Range
$144.14 - $307.94
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 80.7% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Extensive North American midstream infrastructure
- Strategically located energy processing and transportation assets
- Diversified energy service portfolio
- Strong operational expertise in complex energy logistics
Bear Case
2 risks
- Low volatility (beta 0.7).
- Premium valuation to Midstream & Pipelines peers
Growth
Moderate growth ahead
Increasing domestic natural gas production
Value
Premium valuation to Midstream & Pipelines peers
Momentum
Strong
+9.8% over 3m
Quality
Stable
Solid business
Dividend
Modest
1.55% yield
Smart-money signal
Who's buying TRGP right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 29, 2026
AUG 6, 2026
Reported EPS of $3.54 vs $2.83 consensus (+25.1% surprise). Revenue of $4.4B vs $4.9B expected (-9.3%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+25.1%
Revenue trend · last 8Q
—
+4%
+6%
+11%
+8%
-8%
-16%
+10%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$3.9B
$4.4B
$4.9B
$4.0B
$4.2B
$4.1B
$4.1B
$4.4B
Margins · last 8Q
Gross
-28.7%
Operating
27.8%
Profit
17.2%
Wall Street consensus
13 analysts · 85% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
85%
Hold
15%
Sell
0%
Median Price Target
—
Latest: Wells Fargo · Sep 2, 2026
vs Industry
How TRGP stacks vs Oil & Gas Midstream
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
Related