TRGP

Targa Resources Corp.

Utilities
262.69 -0.61 -0.23% Market Closed
2026-06-03 • USD

Key Metrics

Market Cap 56.38B
EV —
Shares Out 214.64M
Revenue (ttm) 16.56B
Net Income 2.13B
Beta —
P/E 26.46
Forward P/E —
EPS (ttm) $9.79
P/S 3.41
P/B 17.99
P/FCF —
P/C —
EV/Sales —
EV/EBITDA —
ROA 7.87%
ROE 72.92%
ROIC 12.87%
Gross Margin —
Oper. Margin 21.95%
Profit Margin 12.87%
Debt/Eq 6.10
LT Debt/Eq 85.91%
Quick Ratio —
Current Ratio 0.72
Book/sh 14.6
Cash/sh 0.47
Div Yield 1.62%
Div TTM $4.25
Payout Ratio 43.41%
SMA20 -0.22%
SMA50 4.06%
SMA200 30.47%
Volume 1,101,824
Avg Volume 1.41M
Rel Volume —
Perf Week 2.99%
Perf Month 1.14%
Perf Quarter 9.91%
Perf Half Y 45.34%
Perf YTD 42.38%
Perf Year 60.05%
Perf 3Y 270.51%
Perf 5Y 467.86%

Factor Lens

Seasonal Performance

Dividends

Per-share amounts adjusted for stock splits.

Last Dividend $1.2500
TTM Yield 1.62%
TTM Amount $4.25
Payout Ratio 43.41%
3-Yr Growth (CAGR) 28.92%
5-Yr Growth (CAGR) 27.57%

Last 12 Payouts

Period Ex-Date Amount / Share
ANNC 2026-04-29 $1.2500
Q4 2025 2026-01-29 $1.0000
Q3 2025 2025-10-30 $1.0000
Q2 2025 2025-07-30 $1.0000
Q4 2024 2025-01-30 $0.7500
Q3 2024 2024-10-30 $0.7500
Q2 2024 2024-07-30 $0.7500
Q2 2024 2024-04-29 $0.7500
Q4 2023 2024-01-30 $0.5000
Q3 2023 2023-10-30 $0.5000
Q2 2023 2023-07-30 $0.5000
Q4 2022 2023-01-30 $0.3500

Financial Trends

Revenue & Net Income

Earnings Per Share

Margins

Cash Flow

Company Overview

Targa Resources Corp. is a leading provider of midstream services and one of the largest independent infrastructure companies in North America. The Company owns, operates, acquires, and develops a diversified portfolio of complementary domestic infrastructure assets. Targa is engaged primarily in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. The Company operates in two primary segments: (i) Gathering and Processing, which includes assets for gathering and/or purchase and sale of natural gas from oil and gas wells, removing impurities and processing raw natural gas into merchantable natural gas by extracting NGLs, and assets for gathering and terminaling and/or purchase and sale of crude oil, with assets located in the Permian Basin, Eagle Ford Shale, Barnett Shale, Anadarko/Ardmore/Arkoma Basins, Williston Basin, and Louisiana Gulf Coast regions; and (ii) Logistics and Transportation, which includes activities and assets necessary to convert mixed NGLs into NGL products, transporting, storing, fractionating, terminaling, and marketing of NGLs and NGL products, services to LPG exporters, certain natural gas supply and marketing activities, and an NGL pipeline system connecting gathering and processing positions with downstream facilities in Mont Belvieu and Galena Park, Texas, and Lake Charles, Louisiana.

Name
Targa Resources Corp.
Industry
Utilities - Regulated Gas
CEO
Matthew J. Meloy · Chief Executive Officer
Employees
—
IPO Date
2016-03-02
Phone
(713) 584-1000
Address
811 Louisiana Street, Suite 2100, Houston, TX 77002
Website
http://www.targaresources.com

Key Executives

Name Title FY Pay
Patrick J. McDonie President - Gathering and Processing —
William A. Byers Chief Financial Officer —
Robert M. Muraro Chief Commercial Officer —
Jennifer R. Kneale President —
Matthew J. Meloy Chief Executive Officer and Director —

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