Targa Resources Corp.
TRGPNYSEEnergyOil & Gas Midstream
As of Oct 23, 2026 close
- Market cap
- $64.83B
- P/E (TTM)
- 28.59
- Forward P/E
- 18.98
- Dividend yield
- 1.55%
- 52-week range
- $149.21$307.94
- Volume (live)
- -
- Avg. volume (3M)
- 1.16M
Targa Resources (TRGP) Stock Price & Financial Analysis
Targa Resources Stock Price Chart
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Financial Metrics & Key Statistics
Fundamental metrics, valuation ratios, and profitability indicators
| Day's Range | $289.45 - $303.60 |
|---|---|
| 52-Week High | $307.94 |
| 52-Week Low | $149.21 |
| Open | $290.30 |
| Volume (last close) | 1.13M |
| Average Volume (3M) | 1.16M |
| Revenue (TTM) | 16.74B |
|---|---|
| Net Income (TTM) | 2.27B |
| Free Cash Flow (TTM) | 740.90M |
| EPS (TTM) | $10.55 |
| Profit Margin | 13.54% |
| Operating Margin | 22.91% |
| Return on Equity (ROE) | 59.74% |
| Debt to Equity | 5.30 |
| Annual Dividend | $4.50 |
|---|---|
| Dividend Yield | 1.55% |
| Payout Ratio | 42.67% |
| Next Dividend Ex-Date | Oct 30, 2026 |
| Market Cap | 64.83B |
|---|---|
| Shares Outstanding | 214.42M |
| P/E Ratio (TTM) | 28.59 |
| Forward P/E | 18.98 |
| Price to Sales (P/S) | 3.87 |
| Price to Book (P/B) | 17.08 |
| EV/EBITDA | 15.62 |
| 50-Day MA | $286.80 |
|---|---|
| 200-Day MA | $254.60 |
| 1-Year Change | +84.66% |
Source: Market prices and company fundamentals. Data as of Oct 23, 2026. Data sources and methodology
Targa Resources at a Glance
As of the Oct 23, 2026 close, Targa Resources (TRGP) has a market capitalization of $64.83B. The stock trades at 28.6× trailing earnings, 19.0× forward earnings and 3.9× sales. Over the trailing twelve months it earned $2.27B on revenue of $16.74B (a 13.5% profit margin) and generated $740.90M of free cash flow. Revenue fell 1.7% year over year.
As of its latest reported balance sheet, it holds $132.30M in cash and securities against $20.14B of debt, a net debt position of $20.00B.
Targa Resources pays a quarterly dividend totaling $4.50 per share a year, a 1.55% yield at the Oct 23, 2026 close, with a 43% payout ratio and 4 consecutive years of dividend increases.
The share price is up 84.7% over the past year. At $302.37 (the Oct 23, 2026 close) it sits near the top of its 52-week range of $149.21 to $307.94, above its 200-day moving average of $254.60.
Based on 19 professional analyst ratings from the past 90 days, the consensus is Buy with an average price target of $329.61, 9.0% above the Oct 23, 2026 close.
Frequently Asked Questions About Targa Resources
What is the current stock price for TRGP?
As of the Oct 23, 2026 close, TRGP stock trades at $302.37. The 52-week range is $149.21–$307.94, with a day range of $289.45–$303.60.
What is the P/E ratio for TRGP?
As of the Oct 23, 2026 close, Targa Resources's trailing twelve-month (TTM) P/E ratio is 28.6, meaning investors pay $28.6 for every $1 of annual earnings. The forward P/E is 19.0, reflecting analyst expectations for future earnings. Targa Resources operates in the Energy sector.
Does TRGP pay dividends?
Yes, Targa Resources pays a 1.55% annual dividend yield as of the Oct 23, 2026 close ($4.50 per share a year). The trailing twelve-month payout ratio is 42.7%. The next ex-dividend date is October 30, 2026.
What do analysts recommend for TRGP?
Based on ratings from 19 professional analysts over the last 90 days, the consensus for TRGP is Buy. The average 12-month price target is $329.61, a 9.0% upside from the Oct 23, 2026 close of $302.37.
What is the market cap of TRGP?
As of the Oct 23, 2026 close, Targa Resources's market capitalization is $64.83B, classifying it as a large-cap company. Targa Resources operates in the Energy sector within the Oil & Gas Midstream industry.