Targa Resources share price logo

Targa Resources

NASDAQ: TRGP

Large Cap

$277.82

+2.03

(+0.74%)

as on

Targa Resources Stock Performance

as on August 18, 2026 at 6:59 am IST

  • Day's Low

    Day's High

    $273.83
    $278.10
    downward going graph

    1.44%

    Downside

    0.10%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $144.14
    $291.04
    downward going graph

    48.12%

    Downside

    4.76%

    Upside

    downward going graph

Targa Resources share price movements today

Previous Close
$275.79
Open
$276.84
Volume
803.2K
Market Cap
$59.1B
Dividend Yield
1.69%
Day's Low - High
$273.83 - $278.10
52 Week Low - High
$144.14 - $291.04

Targa Resources Historical Returns

1 Month Return
-2.52 %
3 Month Return
+ 1.4 %
1 Year Return
+ 69 %
3 Year Return
+ 229.14 %
5 Year Return
+ 537.96 %

Targa Resources Stock Fundamentals & Key Indicators

Check Targa Resources market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$59.1B

EPS (TTM)

10.53

Dividend Yield

1.69%

Quarterly Earnings Growth YOY

0.23%

PE Ratio (TTM)

25.34

Industry PE ratio

18.22722222222222

PEG Ratio

0.5047345247345246

EBITDA

4.8B

Revenue (TTM)

16.8B

Profit Margin

36.56%

Return On Equity TTM

72.08%

Targa Resources Stock Valuation

Track how Targa Resources P/E has moved over time to understand its valuation trends.

Targa Resources in the last 5 years

  • Overview

  • Trends

Lowest (14.63x)

December 31, 2022

Industry (18.23x)

December 31, 2025

Today (21.60x)

December 31, 2025

Highest (167.73x)

December 31, 2021

LowHigh

Today’s Price to Earnings Ratio: 21.60x

Targa Resources vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Targa Resources with its industry peers.

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %Dividend Yield %
BUY$59.1B537.96%25.3436.56%1.69%
HOLD$92.0B207.19%28.9873.59%2.81%
HOLD$73.0B95.94%21.1719.31%367.83000000000004%
BUY$72.5B125.86%14.424.92%647.88%
BUY$84.0B75.07%13.213.25%5.800000000000001%

Stock Returns calculator for Targa Resources Stock including INR - Dollar returns

The Targa Resources stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Targa Resources investment value today

Current value as on today

₹1,86,390

Returns

₹86,390

(+86.39%)

Returns from Targa Resources Stock

₹70,243 (+70.24%)

Dollar Impact

₹16,147 (+16.15%)

Analyst Recommendation on Targa Resources Stock

Based on 16 analysts

BUY

93.75%

Buy

6.25%

Hold

0.00%

Sell

Based on 16 analysts, 93.75% of analysts recommend a 'BUY' rating for Targa Resources. Average target price of $300.05

Targa Resources Share Price Target

Get share price movements and forecasts by analysts on Targa Resources.

What analysts predicted

7.41%UPSIDE

Target Price

$300.05

Current Price

$277.82

Analyzed by

16 Analysts

Target

$300.05

Targa Resources target price $300.05, a slight upside of 7.41% compared to current price of $277.82. According to 16 analysts rating.

Indian Investors' Interest in Targa Resources Stock

Search interest for Targa Resources Stock has increased by 22% in the last 30 days, reflecting an upward trend in search activity.

Time period: to

Change:22% versus previous 30 day period

Targa Resources Quarterly Profit & Loss

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Total Revenue
4,562
3,618
3,885
4,405
4,852
4,026
4,201
4,055
4,094
4,440
Gross Profit
1,003
781
864
1,104
923
892
978
1,747
1,274
2,138
Operating Income
639
683
764
700
836
808
884
917
846
1,234
EBITDA
984
979
1,086
1,080
916
1,413
1,225
1,298
1,037
1,240
Interest Expense
228
176
184
177
197
218
221
216
-
236
Depreciation
340
350
356
378
367
373
383
390
426
453
Income Before Tax
415
453
545
524
352
821
620
692
611
550
Income Tax Expense
82
94
97
110
72
184
134
139
123
-227
Net Income
275
296
384
351
198
625
475
545
479
764
Net Profit Margin
22.00%
21.61%
22.25%
25.07%
19.04%
22.18%
23.28%
43.10%
31.12%
48.15%

Targa Resources Annual Profit & Loss

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Total Revenue
8,864
10,554
8,671
8,272
17,440
21,684
15,619
16,626
17,136
Gross Profit
526
778
1,491
1,522
2,093
2,793
2,535
3,325
4,542
Operating Income
321
518
192
1,265
1,820
2,483
2,186
2,943
3,446
EBITDA
754
1,143
1,262
-313
1,699
3,210
3,965
4,138
4,854
Interest Expense
233
257
337
391
387
446
687
767
852
Depreciation
813
819
971
868
874
1,100
1,335
1,433
1,515
Income Before Tax
-292
65
-46
-1,573
436
1,663
1,942
1,938
2,486
Income Tax Expense
-397
5
-87
-248
14
131
363
384
529
Net Income
54
1
-209
-1,553
71
1,142
828
1,269
1,844
Net Profit Margin
5.93%
7.38%
17.20%
18.40%
12.00%
12.88%
16.23%
20.00%
26.51%

Targa Resources Quarterly Cash Flow

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Net Income
332
359
447
414
279
637
475
545
479
785
Operating Cash Flow
876
904
540
1,327
954
858
599
1,505
739
1,441
Investing Cash Flow
-677
-749
-844
-746
-813
-956
-691
-1,180
-2,160
-1,013
Financing Cash Flow
-230
-98
264
-551
-147
60
102
-282
1,355
-395
Change in Cash
-31
56
-39
30
-5
-38
11
42
-66
32

Targa Resources Annual Cash Flow

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Net Income
104
60
41
-1,325
422
1,531
1,579
1,553
1,841
Operating Cash Flow
939
1,144
1,389
1,744
2,302
2,380
3,211
3,649
3,917
Investing Cash Flow
-1,892
-3,146
-3,071
-738
-473
-4,149
-2,400
-3,021
-5,442
Financing Cash Flow
1,016
2,097
1,781
-1,094
-1,914
1,829
-888
-612
1,533
Change in Cash
63
94
99
-88
-84
60
-77
15
8

Mutual Funds that own Targa Resources Stock

Check out the Mutual Funds with significant holdings in Targa Resources.

Funds
Holdings
Shares Held
VANGUARD INDEX FUNDS
9.931002%
21295149
VANGUARD WELLINGTON FUND
2.361399%
5063573
Managed Portfolio Series
2.309326%
4951912
HARRIS ASSOCIATES INVESTMENT TRUST
2.277935%
4884600
Fidelity Concord Street Trust
1.702646%
3651003

Global Institutional Holdings in Targa Resources

Funds
Holdings
Vanguard
11.6%
iShares
6.12%
SPDR
5.73%
Stephen A. Schwarzman
1.56%
Invesco
1.06%

Targa Resources News & Key Events

  • img

    Today's Timeline - 30 July

    Thu, 07:30 PM

    -

    Targa Resources expected to report Q2 earnings of $2.71 per share, a YoY decline of 5.6% despite revenue growth.

    Fri, 01:53 AM

    -

    Targa raises full-year adjusted EBITDA guidance; 2026 EPS expected at $10.75, a YoY increase of over 26%.

Insights on Targa Resources

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Targa Resources Corp. has shown strong revenue growth over the last three quarters. Starting from $4.05 billion, the revenue increased to $4.44 billion, reflecting an average increase of 4.4% per quarter.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Targa Resources Corp. has shown strong profit growth over the last two quarters. The company's net profit increased from $479.60 million to $764.60 million, representing an average rise of 37.3% each quarter.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, TRGP stock has moved up by 229.1%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, TRGP has outperformed top 5 stocks with highest market-cap in its industry

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, TRGP has outperformed top 5 stocks with highest market-cap in its industry

About Targa Resources

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved 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. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company 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 also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
OrganisationTarga Resources
Headquarters811 Louisiana Street, Houston, TX, United States, 77002
IndustryOil & Gas Midstream
CEOMr. Matthew J. Meloy
E-voting on sharesClick here to vote

Key Management of Targa Resources

Name

Title

Mr. Robert M. Muraro

Chief Commercial Officer

Mr. Benjamin J. Branstetter

President of Logistics & Transportation

Mr. Matthew J. Meloy

CEO & Director

Mr. William A. Byers

Chief Financial Officer

Mr. John Christopher Eklof

Senior VP & Chief Accounting Officer

Mr. Tristan James Richardson

VP of Investor Relations & Fundamentals

Mr. Gerald R. Shrader

Executive VP, General Counsel & Secretary

Mr. Denny Latham

Executive Vice President of Permian

Ms. Jennifer R. Kneale

President

Mr. Patrick J. McDonie

President of Gathering & Processing

FAQs

What is Targa Resources share price today?

Targa Resources share price today is $277.82 as on at the close of the market. Targa Resources share today touched a day high of $278.10 and a low of $273.83.

What is the 52 week high and 52 week low for Targa Resources share?

Targa Resources share touched a 52 week high of $291.04 on and a 52 week low of $144.14 on . Targa Resources stock price today i.e. is closed at $277.82,which is 4.54% down from its 52 week high and 92.74% up from its 52 week low.

What is Targa Resources's market capitalisation today?

Targa Resources market capitalisation is $0.06T as on .

How to invest in Targa Resources Stock (TRGP) from India?

  1. Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
  2. Step 2: Search for Targa Resources on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Targa Resources Shares that will get you 0.0054 shares as per Targa Resources share price of $277.82 per share as on August 18, 2026 at 1:29 am IST.

What is the minimum amount required to buy Targa Resources Stock (TRGP) from India?

Indian investors can start investing in Targa Resources (TRGP) shares with as little as ₹95.592 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹955.92 in Targa Resources stock (as per the Rupee-Dollar exchange rate as on ). Based on Targa Resources share’s latest price of $277.82 as on August 18, 2026 at 1:29 am IST, you will get 0.0360 shares of Targa Resources. Learn more about fractional shares .

What are the returns that Targa Resources has given to Indian investors in the last 5 years?

Targa Resources stock has given 537.96% share price returns and 28.34% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?